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NEWMONT CORP Financials

NEMCL
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows NEWMONT CORP (NEMCL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 74 / 100
Financial Profile 74/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth
69

NEWMONT CORP's revenue surged 21.3% year-over-year to $22.7B, reflecting rapid business expansion. This strong growth earns a score of 69/100.

Leverage
99

NEWMONT CORP carries a low D/E ratio of 0.15, meaning only $0.15 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
42

NEWMONT CORP's current ratio of 2.29 indicates adequate short-term liquidity, earning a score of 42/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
100

NEWMONT CORP converts 32.2% of revenue into free cash flow ($7.3B). This strong cash generation earns a score of 100/100.

Returns
58

NEWMONT CORP's ROE of 20.9% shows moderate profitability relative to equity, earning a score of 58/100. This is up from 11.2% the prior year.

Piotroski F-Score Strong
9/9

NEWMONT CORP passes 9 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.46x

For every $1 of reported earnings, NEWMONT CORP generates $1.46 in operating cash flow ($10.3B OCF vs $7.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$22.7B
YoY+21.3%
5Y CAGR+14.5%
10Y CAGR+14.1%

NEWMONT CORP generated $22.7B in revenue in fiscal year 2025. This represents an increase of 21.3% from the prior year.

EBITDA
N/A
Net Income
$7.1B
YoY+111.6%
5Y CAGR+20.2%
10Y CAGR+42.4%

NEWMONT CORP reported $7.1B in net income in fiscal year 2025. This represents an increase of 111.6% from the prior year.

EPS (Diluted)
$6.39
YoY+118.8%
5Y CAGR+12.7%
10Y CAGR+31.9%

NEWMONT CORP earned $6.39 per diluted share (EPS) in fiscal year 2025. This represents an increase of 118.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$7.3B
YoY+146.5%
5Y CAGR+15.3%
10Y CAGR+24.2%

NEWMONT CORP generated $7.3B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 146.5% from the prior year.

Cash & Debt
$7.6B
YoY+111.3%
5Y CAGR+6.7%
10Y CAGR+12.5%

NEWMONT CORP held $7.6B in cash against $5.1B in long-term debt as of fiscal year 2025.

Dividends Per Share
$1.00
YoY+0.0%
5Y CAGR-0.8%
10Y CAGR+25.9%

NEWMONT CORP paid $1.00 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Shares Outstanding
1.09B
YoY-3.5%
5Y CAGR+6.3%
10Y CAGR+7.5%

NEWMONT CORP had 1.09B shares outstanding in fiscal year 2025. This represents a decrease of 3.5% from the prior year.

Margins & Returns

Gross Margin
64.3%
YoY+12.3pp
5Y CAGR+7.9pp

NEWMONT CORP's gross margin was 64.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 12.3 percentage points from the prior year.

Operating Margin
N/A
Net Margin
31.3%
YoY+13.3pp
5Y CAGR+6.6pp
10Y CAGR+27.9pp

NEWMONT CORP's net profit margin was 31.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 13.3 percentage points from the prior year.

Return on Equity
20.9%
YoY+9.7pp
5Y CAGR+8.6pp
10Y CAGR+19.1pp

NEWMONT CORP's ROE was 20.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 9.7 percentage points from the prior year.

Capital Allocation

R&D Spending
$166.0M
YoY-15.7%
5Y CAGR+6.4%
10Y CAGR+2.8%

NEWMONT CORP invested $166.0M in research and development in fiscal year 2025. This represents a decrease of 15.7% from the prior year.

Share Buybacks
$2.3B
YoY+84.8%
5Y CAGR+34.6%

NEWMONT CORP spent $2.3B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 84.8% from the prior year.

Capital Expenditures
$3.0B
YoY-10.8%
5Y CAGR+18.4%
10Y CAGR+8.8%

NEWMONT CORP invested $3.0B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 10.8% from the prior year.

NEMCL Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $6.8B+23.4% $5.5B+3.9% $5.3B+6.1% $5.0B-11.4% $5.7B+22.7% $4.6B+4.6% $4.4B+9.4% $4.0B
Cost of Revenue $2.0B+3.9% $2.0B-2.5% $2.0B-5.0% $2.1B-11.9% $2.4B+3.5% $2.3B+7.1% $2.2B+2.4% $2.1B
Gross Profit $4.8B+34.1% $3.6B+7.8% $3.3B+14.2% $2.9B-10.9% $3.3B+42.1% $2.3B+2.2% $2.2B+17.2% $1.9B
R&D Expenses $43.0M+7.5% $40.0M0.0% $40.0M-7.0% $43.0M-10.4% $48.0M+2.1% $47.0M-4.1% $49.0M-7.5% $53.0M
SG&A Expenses $91.0M+5.8% $86.0M-9.5% $95.0M-13.6% $110.0M-14.1% $128.0M+13.3% $113.0M+13.0% $100.0M-1.0% $101.0M
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $2.1B+163.0% $787.0M-27.9% $1.1B+68.8% $647.0M-7.8% $702.0M+187.7% $244.0M+27.7% $191.0M-26.5% $260.0M
Net Income $1.3B-29.0% $1.8B-11.1% $2.1B+9.0% $1.9B+34.8% $1.4B+52.2% $922.0M+8.1% $853.0M+401.8% $170.0M
EPS (Diluted) N/A $1.67-9.7% $1.85+10.1% $1.68 N/A $0.80+8.1% $0.74+393.3% $0.15

NEMCL Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $57.1B+4.4% $54.7B-0.9% $55.2B-0.6% $55.5B-1.5% $56.3B+0.3% $56.2B+0.9% $55.7B+0.6% $55.3B
Current Assets $13.1B+26.0% $10.4B-0.3% $10.4B-3.2% $10.7B-12.5% $12.3B-2.4% $12.6B+4.2% $12.1B+2.2% $11.8B
Cash & Equivalents $7.6B+35.6% $5.6B-8.8% $6.2B+31.7% $4.7B+29.8% $3.6B+20.0% $3.0B+15.9% $2.6B+11.4% $2.3B
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $1.1B+1.9% $1.0B+64.4% $637.0M-28.2% $887.0M-16.0% $1.1B+8.4% $974.0M+2.0% $955.0M+22.1% $782.0M
Goodwill $2.7B0.0% $2.7B0.0% $2.7B0.0% $2.7B0.0% $2.7B-2.3% $2.7B-2.5% $2.8B0.0% $2.8B
Total Liabilities $23.1B+8.5% $21.3B-7.0% $22.9B-5.0% $24.1B-8.2% $26.2B-0.1% $26.3B+0.6% $26.1B-0.6% $26.3B
Current Liabilities $5.7B+12.3% $5.1B+8.9% $4.7B-13.9% $5.4B-28.1% $7.5B+17.7% $6.4B+11.8% $5.7B+4.6% $5.5B
Long-Term Debt $5.1B-1.3% $5.2B-27.4% $7.1B-5.0% $7.5B-0.6% $7.6B-11.7% $8.6B-1.6% $8.7B-2.7% $8.9B
Total Equity $33.9B+1.9% $33.2B+3.5% $32.1B+2.8% $31.2B+4.4% $29.9B+0.7% $29.7B+1.1% $29.4B+1.7% $28.9B
Retained Earnings $3.4B+27.1% $2.7B+86.3% $1.4B+847.1% $153.0M+111.6% -$1.3B+37.2% -$2.1B+18.7% -$2.6B+16.9% -$3.1B

NEMCL Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $3.6B+57.6% $2.3B-3.6% $2.4B+17.4% $2.0B-19.1% $2.5B+52.4% $1.6B+15.4% $1.4B+84.0% $776.0M
Capital Expenditures $808.0M+11.1% $727.0M+7.9% $674.0M-18.4% $826.0M-5.6% $875.0M-0.2% $877.0M+9.6% $800.0M-5.9% $850.0M
Free Cash Flow $2.8B+79.1% $1.6B-8.1% $1.7B+41.9% $1.2B-26.3% $1.6B+112.2% $771.0M+22.8% $628.0M+948.6% -$74.0M
Investing Cash Flow -$780.0M-2416.1% -$31.0M-104.6% $679.0M-8.0% $738.0M+205.3% -$701.0M-24.7% -$562.0M+12.3% -$641.0M+19.7% -$798.0M
Financing Cash Flow -$833.0M+70.3% -$2.8B-60.5% -$1.7B-5.0% -$1.7B-37.7% -$1.2B-53.0% -$789.0M-19.9% -$658.0M-120.1% -$299.0M
Dividends Paid $272.0M-0.4% $273.0M-2.2% $279.0M-1.1% $282.0M0.0% $282.0M-1.4% $286.0M-1.0% $289.0M+0.3% $288.0M
Share Buybacks $428.0M-17.1% $516.0M-49.0% $1.0B+190.5% $348.0M-56.4% $798.0M+132.0% $344.0M+230.8% $104.0M $0

NEMCL Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 70.3%+5.6pp 64.7%+2.3pp 62.4%+4.4pp 58.0%+0.3pp 57.7%+7.9pp 49.8%-1.2pp 51.0%+3.4pp 47.6%
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin 19.1%-14.1pp 33.2%-5.6pp 38.8%+1.0pp 37.7%+12.9pp 24.8%+4.8pp 20.0%+0.6pp 19.4%+15.2pp 4.2%
Return on Equity 3.8%-1.7pp 5.5%-0.9pp 6.4%+0.4pp 6.0%+1.4pp 4.7%+1.6pp 3.1%+0.2pp 2.9%+2.3pp 0.6%
Return on Assets 2.3%-1.1pp 3.4%-0.4pp 3.7%+0.3pp 3.4%+0.9pp 2.5%+0.8pp 1.6%+0.1pp 1.5%+1.2pp 0.3%
Current Ratio 2.29+0.2 2.04-0.2 2.23+0.2 1.98+0.4 1.63-0.3 1.96-0.1 2.11-0.0 2.15
Debt-to-Equity 0.150.0 0.16-0.1 0.22-0.0 0.24-0.0 0.25-0.0 0.290.0 0.30-0.0 0.31
FCF Margin 41.3%+12.8pp 28.4%-3.7pp 32.2%+8.1pp 24.1%-4.9pp 28.9%+12.2pp 16.7%+2.5pp 14.3%+16.1pp -1.8%

Frequently Asked Questions

NEWMONT CORP (NEMCL) reported $22.7B in total revenue for fiscal year 2025. This represents a 21.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

NEWMONT CORP (NEMCL) revenue grew by 21.3% year-over-year, from $18.7B to $22.7B in fiscal year 2025.

Yes, NEWMONT CORP (NEMCL) reported a net income of $7.1B in fiscal year 2025, with a net profit margin of 31.3%.

NEWMONT CORP (NEMCL) reported diluted earnings per share of $6.39 for fiscal year 2025. This represents a 118.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, NEWMONT CORP (NEMCL) had $7.6B in cash and equivalents against $5.1B in long-term debt.

NEWMONT CORP (NEMCL) had a gross margin of 64.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

NEWMONT CORP (NEMCL) had a net profit margin of 31.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, NEWMONT CORP (NEMCL) paid $1.00 per share in dividends during fiscal year 2025.

NEWMONT CORP (NEMCL) has a return on equity of 20.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

NEWMONT CORP (NEMCL) generated $7.3B in free cash flow during fiscal year 2025. This represents a 146.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

NEWMONT CORP (NEMCL) generated $10.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

NEWMONT CORP (NEMCL) had $57.1B in total assets as of fiscal year 2025, including both current and long-term assets.

NEWMONT CORP (NEMCL) invested $3.0B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

NEWMONT CORP (NEMCL) invested $166.0M in research and development during fiscal year 2025.

Yes, NEWMONT CORP (NEMCL) spent $2.3B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

NEWMONT CORP (NEMCL) had 1.09B shares outstanding as of fiscal year 2025.

NEWMONT CORP (NEMCL) had a current ratio of 2.29 as of fiscal year 2025, which is generally considered healthy.

NEWMONT CORP (NEMCL) had a debt-to-equity ratio of 0.15 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

NEWMONT CORP (NEMCL) had a return on assets of 12.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

NEWMONT CORP (NEMCL) has a Piotroski F-Score of 9 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

NEWMONT CORP (NEMCL) has an earnings quality ratio of 1.46x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

NEWMONT CORP (NEMCL) scores 74 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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