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Newmont NEM

US equityMarket cap rank #121GoldSafe-Haven Assets
$120.74
−$2.81 (-2.27%)
Market open · Sep 24, 2:00 pm ET
After hours $122.99 -0.45%
Open$122.40
Prev close$123.55
Day range$120.02 – $122.50
Volume2.81M
Market cap$127.22B
P/E (TTM)15.2
Dividend yield0.84%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$6.12B+15.1% YoY
Operating profit$3.16B+30.5% YoY
Net profit$2.25B+8.5% YoY
Diluted EPS$2.06+11.4% YoY
Free cash flow$2.21B+28.9% YoY
Operating cash flow$2.92B

Revenue, last 8 quarters

$4.6BSep '24$5.7BDec '24$5.0BMar '25$5.3BJun '25$5.5BSep '25$6.8BDec '25$7.3BMar '26$6.1BJun '26

Net profit, last 8 quarters

$924.0MSep '24$1.4BDec '24$1.9BMar '25$2.1BJun '25$1.8BSep '25$1.3BDec '25$3.3BMar '26$2.3BJun '26

Diluted EPS by quarter

0.80Sep '241.24Dec '241.68Mar '251.85Jun '251.67Sep '251.19Dec '253.00Mar '262.06Jun '26

Free cash flow by quarter

$771.0MSep '24$1.6BDec '24$1.2BMar '25$1.7BJun '25$1.6BSep '25$2.8BDec '25$3.1BMar '26$2.2BJun '26

Annual revenue

$11.5BFY20$12.2BFY21$11.9BFY22$11.8BFY23$18.7BFY24$22.7BFY25

Profitability & balance sheet

Gross margin59.1%
Operating margin55.2%
Net margin33.4%
Return on equity25.5%
Return on assets15.2%
Return on invested capital21.1%
Current ratio2.55
Liabilities / assets38.6%
Cash & investments$9.01B
Total debt$5.47B
Net cash (debt)$3.54B
Free cash flow / sales37.8%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Nevada Gold Mines (NGM)$1.07B 17.5%
  • Other$922.00M 15.1%
  • Boddington$747.00M 12.2%
  • Penasquito$663.00M 10.8%
  • Lihir$640.00M 10.5%
  • Yanacocha$581.00M 9.5%
  • Ahafo South$415.00M 6.8%
  • Tanami$404.00M 6.6%
  • Cadia$345.00M 5.6%
  • Merian$332.00M 5.4%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $6.12B $7.31B $22.67B $6.82B $5.52B
Total Operating Revenue $6.12B $7.31B $22.67B $6.82B $5.52B
Cost of Revenue $2.69B $2.57B $10.61B $2.69B $2.59B
Gross Profit $3.43B $4.74B $12.06B $4.13B $2.93B
Operating Expense $271.00M $253.00M $1.04B $152.00M $314.00M
Selling and Admin Expenses $74.00M $79.00M $382.00M $91.00M $86.00M
-General & Admin Expense $74.00M $79.00M $382.00M $91.00M $86.00M
Research & Development $47.00M $45.00M $166.00M $43.00M $40.00M
Other Operating Expenses $150.00M $129.00M $492.00M $18.00M $188.00M
Operating Profit $3.16B $4.49B $11.02B $3.97B $2.62B
Net Non-Operating Interest Income (Expense) $52.00M $45.00M -$15.00M $30.00M $4.00M
Non-Operating Interest Income $87.00M $84.00M $214.00M $63.00M $56.00M
Non-Operating Interest Expense $35.00M $39.00M $229.00M $33.00M $52.00M
Other Income (Expense) -$208.00M $53.00M $334.00M -$758.00M -$113.00M
Gain on Sale of Security -$156.00M $51.00M $467.00M $107.00M -$3.00M
Special Income (Charges) -$12.00M -$12.00M -$85.00M -$875.00M -$105.00M
-Less:Restructuring and Mergern & Acquisition $12.00M $6.00M $186.00M $79.00M $89.00M
-Less:Other Special Charges $2.00M -$3.00M $103.00M $2.00M $70.00M
-Less:Write Off $2.00M $9.00M – – –
-Gain on Sale of Property/Plant/Equipment $4.00M $0.00 $1.05B -$15.00M $93.00M
Other Non-Operating Income (Expenses) -$40.00M $14.00M -$48.00M $10.00M -$5.00M
Pretax Profit $3.00B $4.58B $11.34B $3.25B $2.51B
Tax $952.00M $1.40B $4.60B $2.07B $787.00M
Earnings from Equity Interest Net of Tax $204.00M $149.00M $421.00M $171.00M $123.00M
Net Profit $2.25B $3.33B $7.17B $1.35B $1.84B
Profit from Continuing Operations $2.25B $3.33B $7.17B $1.35B $1.84B
Minority Interests $49.00M $66.00M $82.00M $46.00M $11.00M
Net Income to Parent Company $2.20B $3.26B $7.09B $1.30B $1.83B
Net Income to Common Stockholders $2.20B $3.26B $7.09B $1.30B $1.83B
Basic EPS $2.07 $3.01 $6.41 $1.19 $1.67
Diluted EPS $2.06 $3.00 $6.39 $1.19 $1.67
Dividend Per Share $0.26 $0.26 $1.00 $0.25 $0.25
-Less:Impairment of Capital Assets – – $842.00M $779.00M $39.00M
Net Income from Discontinuous Operations – – $0.00 $0.00 $0.00

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $57.64B $57.67B $57.12B $57.12B $54.69B
Total Current Assets $13.31B $13.51B $13.07B $13.07B $10.37B
Cash and Cash Equivalents & Short-Term Investments $9.01B $8.78B $8.24B $8.24B $5.97B
-Cash and Cash Equivalents $9.01B $8.78B $7.65B $7.65B $5.64B
-Short Term Investments $0.00 $4.00M $594.00M $594.00M $328.00M
Receivables $1.18B $1.68B $1.75B $1.75B $1.05B
-Accounts Receivable $686.00M $1.14B $1.07B $1.07B $1.05B
-Other Receivables $492.00M $538.00M $678.00M $678.00M –
Inventory $2.80B $2.71B $2.69B $2.69B $2.45B
Other Current Assets $320.00M $345.00M $391.00M $391.00M $744.00M
Total Non-Current Assets $44.34B $44.16B $44.06B $44.06B $44.32B
Net PPE $33.58B $33.32B $33.31B $33.31B $33.62B
Investments and Advances $4.12B $4.19B $4.19B $4.19B $4.10B
-Available for Sale Securities $414.00M $253.00M $171.00M $171.00M $126.00M
-Long Term Equity Investment $3.71B $3.93B $4.02B $4.02B $3.98B
Goodwill and Other Intangible Assets $2.66B $2.66B $2.66B $2.66B $2.66B
-Goodwill $2.66B $2.66B $2.66B $2.66B $2.66B
Non-Current Deferred Assets $22.00M $32.00M $45.00M $45.00M $40.00M
Other Non-Current Assets $3.95B $3.96B $3.86B $3.86B $3.54B
Total Liabilities $22.23B $22.57B $23.08B $23.08B $21.28B
Total Current Liabilities $5.23B $5.53B $5.71B $5.71B $5.09B
Payables $2.33B $2.35B $2.46B $2.46B $1.83B
-Accounts Payable $906.00M $828.00M $816.00M $816.00M $832.00M
-Total Tax Payable $1.27B $1.38B $1.41B $1.41B $884.00M
-Due to Related Parties Current $154.00M $143.00M $227.00M $227.00M $110.00M
Current Accrued Expenses $1.01B $1.09B $913.00M $913.00M $922.00M
Short-Term Debt and Capital Lease Obligation $132.00M $116.00M $118.00M $118.00M $116.00M
-Current Capital Lease Obligation $132.00M $116.00M $118.00M $118.00M $116.00M
Current Provisions $695.00M $886.00M $893.00M $893.00M $927.00M
Other Current Liabilities $348.00M $292.00M $433.00M $433.00M $545.00M
Total Non-Current Liabilities $17.00B $17.04B $17.37B $17.37B $16.19B
Long Term Accounts Payable and Other Payables $145.00M $145.00M $133.00M $133.00M $155.00M
Long Term Debt and Capital Lease Obligation $5.47B $5.42B $5.47B $5.47B $5.54B
-Long Term Debt $5.08B $5.08B $5.12B $5.12B $5.18B
-Long Term Capital Lease Obligation $383.00M $337.00M $356.00M $356.00M $355.00M
Non-Current Liabilities $6.18B $6.17B $6.30B $6.30B $6.23B
Non-Current Deferred Liabilities $3.85B $3.95B $4.05B $4.05B $2.89B
Employee Benefits $616.00M $604.00M $634.00M $634.00M $583.00M
Other Non-Current Liabilities $739.00M $759.00M $787.00M $787.00M $807.00M
Total Equity $35.41B $35.10B $34.04B $34.04B $33.41B
Stockholders' Equity $35.24B $34.93B $33.87B $33.87B $33.23B
Capital Stock $1.70B $1.73B $1.75B $1.75B $1.76B
-Common Stock $1.70B $1.73B $1.75B $1.75B $1.76B
Additional Paid-In Capital $28.06B $28.42B $28.85B $28.85B $28.96B
Retained Earnings $5.72B $4.97B $3.43B $3.43B $2.70B
Less: Treasury Stock $348.00M $346.00M $301.00M $301.00M $297.00M
Gains/Losses Not Affecting Retained Earnings $114.00M $156.00M $137.00M $137.00M $109.00M
Minority Interests $171.00M $172.00M $175.00M $175.00M $185.00M
-Gross PPE – – $53.54B $53.54B –
-Accumulated Depreciation – – -$20.23B -$20.23B –
Financial Assets – – – – $356.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $2.92B $3.79B $10.33B $3.62B $2.30B
Net cash flow from continuing operations $2.92B $3.79B $10.33B $3.62B $2.30B
Net Income from Continuing Operations $2.25B $3.33B $7.17B $1.35B $1.84B
Depreciation & Depletion & Amortization $604.00M $632.00M $2.52B $665.00M $643.00M
Deferred Tax -$101.00M -$45.00M $1.39B $975.00M $74.00M
Other Non-Cash Items $154.00M $159.00M $93.00M -$282.00M $90.00M
Change in Working Capital -$90.00M -$202.00M -$210.00M $61.00M -$286.00M
-Change in Receivables $461.00M $70.00M -$93.00M -$167.00M -$369.00M
-Change in Inventory -$131.00M -$152.00M -$454.00M -$112.00M -$106.00M
-Change in Payables and Accrued Expense -$198.00M $100.00M $1.39B $720.00M $481.00M
-Change in Other Current Assets $27.00M -$11.00M -$247.00M -$104.00M -$45.00M
-Change In Other Working Capital -$249.00M -$209.00M -$803.00M -$276.00M -$247.00M
Net cash flow from investing -$731.00M -$302.00M $606.00M -$780.00M -$31.00M
Net Cash Flow from Continuing Investing Activities -$731.00M -$302.00M $606.00M -$780.00M -$31.00M
Net PPE Purchase and Sale -$710.00M -$550.00M -$224.00M -$786.00M -$613.00M
Net Business Purchase and Sale -$16.00M $1.00M $3.00M $0.00 $7.00M
Net Investment Purchase and Sale $0.00 $257.00M $972.00M $34.00M $564.00M
Net Other Investing Changes -$5.00M -$10.00M -$145.00M -$28.00M $11.00M
Financing Cash Flow -$1.94B -$2.36B -$7.04B -$833.00M -$2.80B
Net Cash Flow from Continuing Financing Activities -$1.94B -$2.36B -$7.04B -$833.00M -$2.80B
Net Issuance Payments Of Debt -$26.00M -$66.00M -$3.53B -$95.00M -$2.00B
Net Common Stock Issuance -$1.57B -$1.90B -$2.30B -$428.00M -$516.00M
Cash Dividends Paid -$277.00M -$282.00M -$1.11B -$272.00M -$273.00M
Net Other Financing Charges -$74.00M -$114.00M -$106.00M -$38.00M -$10.00M
Ending Cash Balance $9.04B $8.81B $7.68B $7.68B $5.67B
Net Change in Cash $249.00M $1.13B $4.04B $2.01B -$533.00M
Beginning Cash Balance $8.81B $7.68B $3.65B $5.67B $6.22B
Effect of Exchange Rate Changes -$17.00M $1.00M -$4.00M $4.00M -$13.00M
Free Cash Flow $2.21B $3.14B $7.30B $2.81B $1.57B
Gain/Loss from Continuing Operations – – -$965.00M $109.00M -$99.00M
Cash Flow from Discontinued Operating Activities – – $0.00 $0.00 $0.00
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