Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $22.7B | $14.1B | $7.1B | $7.3B | 20.9% | 21.3% | 111.6% |
| 2024 | $18.7B | $7.5B | $3.3B | $3.0B | 11.2% | 58.2% | -234.2% |
| 2023 | $11.8B | $320M | $-2.5B | $97M | -8.6% | -0.9% | 481.4% |
| 2022 | $11.9B | $2.4B | $-429M | $1.1B | -2.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 11,915 | 11,812 | 18,682 | 22,669 |
| Cost Of Revenue | - | 8,653 | 8,807 | 11,539 | 10,606 |
| Gross Profit | - | 3,262 | 3,005 | 7,143 | 12,063 |
| Operating Expense | - | 1,657 | 2,297 | 1,233 | 1,040 |
| Operating Income | - | 1,605 | 708 | 5,910 | 11,023 |
| EBITDA | - | 2,361 | 320 | 7,528 | 14,092 |
| EBIT | - | 176 | -1,788 | 4,952 | 11,571 |
| Pretax Income | - | -51 | -2,031 | 4,577 | 11,342 |
| Tax Provision | - | 455 | 526 | 1,397 | 4,596 |
| Net Income | - | -429 | -2,494 | 3,348 | 7,085 |
| Net Income Common Stockholders | - | -429 | -2,494 | 3,348 | 7,085 |
| Total Expenses | - | 10,310 | 11,104 | 12,772 | 11,646 |
| Interest Expense | - | 227 | 243 | 375 | 229 |
| Interest Income | - | 78 | 148 | 152 | 214 |
| Research And Development | - | 229 | 200 | 197 | 166 |
| Selling General And Administration | - | 276 | 299 | 442 | 382 |
| Normalized EBITDA | - | 3,884 | 3,015 | 8,645 | 13,710 |
| Normalized Income | - | 744.17 | -391.95 | 4,050.73 | 6,855.80 |
| Market Cap | 128,854 | 128,854 | 128,854 | 128,854 | 128,854 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Newmont Corporationthis co. | NEM | $133.4B | 18.19β discount | 3.80 | 20.9% | 9.00 |
| Freeport-McMoRan Inc. | FCX | $87.9B | 39.76 | 4.64 | 11.7% | 10.50 |
| The Sherwin-Williams Company | SHW | $83.6B | 32.58 | 18.20 | 55.9% | 21.52 |
| CRH plc | CRH | $79.4B | 21.14 | 3.28 | 15.5% | 12.16 |
| Ecolab Inc. | ECL | $76.3B | 36.67 |
| - |
| - |
| - |
| - |
| - |
| 7.79 |
| 21.2% |
| 22.05 |
| Corteva, Inc. | CTVA | $54.6B | 48.97 | 2.22 | 4.5% | 16.81 |
| Nucor Corporation | NUE | $49.6B | 27.98 | 2.33 | 8.3% | 12.72 |
| Vulcan Materials Company | VMC | $38.5B | 35.42 | 4.47 | 12.6% | 18.17 |
| Martin Marietta Materials, Inc. | MLM | $37.2B | 32.64 | 3.70 | 11.3% | 20.42 |
| Peer Median | - | 34.03 | 4.09 | 12.1% | 17.49 | |