Saturday 17 October 2026 Export NEM’s income statement to Excel — free account

Newmont Corporation

Newmont Corporation’s revenue for fiscal 2025 (year ended December 2025) was $22.7 billion, up 21.3% from fiscal 2024. In the quarter to June 2026, revenue grew 15.1%, EPS grew 11.3%, free cash flow fell 18.0% and total debt fell 27.1%, each against the same quarter a year earlier. Member of the S&P 500.

118.51 2.72 +2.35%

Follow NEM

Alert me

Market cap: $122.0B
P/E: 14.9×
Fwd P/E: 9.4×
Dividend yield: 0.87%
F-score: 9/9
Altman Z: 4.14
Beneish M: −2.57
Dividend safety: 70/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 12.10

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	2	1	—	2	5	1	3	2	1	3	—	2

Insider Ownership 1.41%

Capital & Financial Ratios $m

Market Cap 122,010.00

Revenue 25,767.00

Net Income 8,769.00

Free Cash Flow 9,969.00

Net Debt (3,543.00)

Current Ratio 2.55

Debt/Equity 0.15

P/E ratio 14.93

Fwd P/E 9.38

P/S ratio 4.90

P/B ratio 3.56

Past 5Y EPS Growth 12.73%

This Y EPS Growth 33.53%

Next Y EPS Growth 11.42%

Next Y revenue growth 17.96%

Next 5Y EPS Growth 19.26%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 30.44%

10-year low 10-year high

P/S against its own 10 years 92.41%

10-year low 10-year high

P/B against its own 10 years 96.90%

10-year low 10-year high

EV/Sales against its own 10 years 88.54%

10-year low 10-year high

EV/FCF against its own 10 years 22.01%

10-year low 10-year high

Dividends

Payout Ratio 0.13

Annual Dividend Rate 1.03

Annual Dividend Yield 0.87%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.05	0.26 0.26 0.26
2025	1.00	0.25 0.25 0.25 0.25
2024	1.00	0.25 0.25 0.25 0.25
2023	1.60	0.40 0.40 0.40 0.40
2022	2.20	0.55 0.55 0.55 0.55
2021	2.20	0.55 0.55 0.55 0.55
2020	1.04	0.14 0.25 0.25 0.40
2019	0.56	0.14 0.88 0.14 0.14 0.14
2018	0.56	0.14 0.14 0.14 0.14
2017	0.25	0.05 0.05 0.08 0.08
2016	0.13	0.03 0.03 0.03 0.05

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	3,025	3,640	8,241	9,009
Receivables	734	1,552	1,745	1,178
Inventory	1,663	1,423	1,512	1,478
Other	2,090	5,660	1,568	1,641
	7,512	12,275	13,066	13,306

	2023	2024	2025	Q'26
Payables	960	843	816	906
ST’ Debt	1,923	924	—	—
Other	2,913	5,288	3,590	2,916
	5,998	7,543	5,712	5,226

Compound Annual Growth %

	10y	5y	3y
Sales	14.06%	14.54%	23.91%
Cash Flow	17.03%	16.18%	47.50%
Earnings	41.51%	20.15%	0.00%
Book Value	9.07%	7.38%	20.34%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	7,307	6,118	—	—	—
’25	5,010	5,317	5,524	6,818	22,669
’24	4,023	4,402	4,605	5,652	18,682
’23	2,679	2,683	2,493	3,957	11,812
’22	3,023	3,058	2,634	3,200	11,915
’21	2,872	3,065	2,895	3,390	12,222
’20	2,581	2,365	3,170	3,381	11,497

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	3,785	2,924	—	—	—
’25	2,031	2,384	2,298	3,621	10,334
’24	776	1,428	1,648	2,511	6,363
’23	481	663	1,003	616	2,763
’22	694	1,043	473	1,010	3,220
’21	841	995	1,144	1,299	4,279
’20	936	664	1,596	1,686	4,882

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	3,235	2,214	—	—	—
’25	2,889	2,701	1,685	2,835	10,110
’24	(74)	808	921	1,866	3,521
’23	(45)	47	399	(304)	97
’22	257	524	(56)	380	1,105
’21	505	580	746	942	2,710
’20	1,729	398	1,302	1,307	4,736

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	3.00	2.06	—	—	—
’25	1.68	1.85	1.67	1.19	6.39
’24	0.15	0.74	0.80	1.24	2.92
’23	0.44	0.19	0.20	(3.21)	(2.94)
’22	0.56	0.49	0.27	(1.86)	(0.54)
’21	0.70	0.81	0.00	(0.06)	1.46
’20	1.02	0.43	1.04	1.02	3.51

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	16.05	31.42	29.06	29.77	33.00	52.60	37.45	33.59	29.42	37.68	Analyst estimates 2026–2028 Powerpack
	High	46.07	39.63	42.04	44.08	72.22	75.31	86.37	55.41	58.72	106.34
People
People	Employees	12,400	12,547	12,400	16,600	14,300	14,400	14,600	21,700	22,200	17,500
	Revenue/emp, $m	0.54	0.59	0.58	0.59	0.80	0.85	0.82	0.54	0.84	1.30
Income, $m
Income, $m	Revenue	6,680	7,379	7,253	9,740	11,497	12,222	11,915	11,812	18,682	22,669
	Gross margin, %	44.04	44.95	43.57	46.66	56.39	55.53	45.72	43.29	52.02	64.33
	EBT	(220)	1,072	738	3,693	3,143	1,108	(51)	(2,031)	4,577	11,342
	EBT margin, %	(3.29)	14.53	10.18	37.92	27.34	9.07	(0.43)	(17.19)	24.50	50.03
	Net income	(943)	(109)	380	2,884	2,791	233	(369)	(2,467)	3,381	7,167
	Depreciation	1,213	1,261	1,215	1,960	2,300	2,323	2,185	2,108	2,576	2,521
Per share, $
Per share, $	Revenue	12.60	13.84	13.61	13.25	14.30	15.30	15.01	14.05	16.30	20.50
	Earnings	(1.18)	(0.18)	0.64	3.82	3.52	1.46	(0.54)	(2.94)	2.92	6.41
	Cash flow	5.26	3.99	3.43	3.90	6.07	5.36	4.06	3.29	5.55	9.34
	Capex	(2.12)	(1.62)	(1.89)	(1.95)	(0.18)	(1.96)	(2.66)	(3.17)	(2.48)	(0.20)
	Free cash flow	3.14	2.37	1.54	1.95	5.89	3.39	1.39	0.12	3.07	9.14
	Book value	22.40	21.61	21.51	30.44	29.66	27.30	24.60	34.73	26.27	30.78
	Shares, m	530	533	533	735	804	799	794	841	1,146	1,106
Valuation, ×
Valuation, ×	P/E	0.00	0.00	54.14	12.49	17.01	42.77	0.00	0.00	12.70	15.60
	P/S	2.75	2.76	2.55	3.28	4.19	4.05	3.30	2.91	2.28	4.87
	P/B	1.55	1.77	1.61	1.43	2.02	2.27	2.02	1.18	1.42	3.24
	EV/Sales	3.02	2.86	2.66	3.73	4.25	4.15	3.51	3.45	2.56	4.79
	EV/FCF	11.03	16.50	23.51	25.34	10.33	18.14	32.86	145.89	13.54	10.74
Cash, $m
Cash, $m	Operating cash flow	2,786	2,124	1,827	2,866	4,882	4,279	3,220	2,763	6,363	10,334
	Capex	(1,124)	(861)	(1,008)	(1,433)	(146)	(1,569)	(2,115)	(2,666)	(2,842)	(224)
	Free cash flow	1,662	1,263	819	1,433	4,736	2,710	1,105	97	3,521	10,110
Balance, $m
Balance, $m	Working capital	2,927	3,668	3,490	3,887	5,136	5,042	3,589	1,514	4,732	7,354
	Total debt	4,615	4,065	4,234	6,862	6,596	6,196	6,158	9,322	8,865	5,471
	Net debt	1,803	744	789	4,382	766	1,122	2,401	6,297	5,225	(2,770)
	Shareholders’ equity	11,874	11,519	11,465	22,370	23,845	21,813	19,533	29,205	30,109	34,042
Returns, %
Returns, %	ROA	(2.73)	(0.55)	1.65	9.24	6.96	2.85	(1.09)	(5.31)	5.99	12.49
	ROIC	(0.07)	6.42	4.03	2.98	7.13	3.43	0.58	(2.99)	8.01	21.91
	ROE	(4.81)	(0.97)	2.97	16.58	12.24	5.11	(2.08)	(10.23)	11.29	22.09

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NEM Newmont Corporation	$122.0B	14.9×	9.4×	+15.06% (above 0%: growing)	+11.29% (above 0%: growing)	−18.03% (below 0%: shrinking)	65.87%	50.60%
WPM Wheaton Precious Metals Corp.	$60.5B	29.6×	22.9×	+84.65% (above 0%: growing)	+87.50% (above 0%: growing)	−5,847.95% (below 0%: shrinking)	74.03%	71.79%	Compare
FNV Franco-Nevada Corporation	$46.5B	31.7×	24.5×	+57.26% (above 0%: growing)	+43.75% (above 0%: growing)	+143.18% (above 0%: growing)	77.64%	76.73%	Compare
AU AngloGold Ashanti PLC	$46.2B	12.4×	8.7×	+26.95% (above 0%: growing)	+49.24% (above 0%: growing)	+41.62% (above 0%: growing)	54.86%	50.77%	Compare
GFI Gold Fields Limited	$32.9B	22.3×	6.2×	+8.27% (above 0%: growing)	n/m	+754.13% (above 0%: growing)	37.73%	0.00%	Compare
RGLD Royal Gold, Inc.	$19.7B	26.0×	16.3×	+114.91% (above 0%: growing)	+38.31% (above 0%: growing)	+119.34% (above 0%: growing)	86.66%	62.13%	Compare
CDE Coeur Mining, Inc.	$15.8B	13.0×	9.8×	+125.86% (above 0%: growing)	+9.09% (above 0%: growing)	+165.48% (above 0%: growing)	49.36%	19.94%	Compare
EQX Equinox Gold Corp.	$13.0B	10.7×	8.0×	+169.33% (above 0%: growing)	+480.00% (above 0%: growing)	−103.64% (below 0%: shrinking)	39.20%	32.14%	Compare
HMY Harmony Gold Mining Company Limited	$10.7B	52.5×	3.6×	−3.10% (below 0%: shrinking)	n/m	+265.24% (above 0%: growing)	26.37%	0.00%	Compare
Median of peers	$26.3B	24.1×	9.3×	+70.96%	+46.50%	+131.26%	52.11%	41.46%

All 37 Gold stocks →

Newmont Corporation (NEM) key facts

Strength: Newmont Corporation’s revenue for fiscal 2025 (year ended December 2025) was $22.7 billion, up 21.3% from fiscal 2024.
Newmont Corporation (NEM) is a Gold company in the Basic Materials sector, listed on the New York Stock Exchange.
As of October 16, 2026, NEM traded at $118.51, a market capitalization of $122.0 billion.
Newmont Corporation pays an annual dividend of $1.03 per share, a yield of 0.87%, with a payout ratio of 13.0%.
Return on equity was 22.1% and debt-to-equity 0.15.
Its Piotroski F-score is 9 out of 9 and its Altman Z-score is 4.14 (safe zone) for fiscal 2025.