Is Newmont financially healthy?

On 30 September 2026 Newmont held 8.83B USD in cash and short-term investments against total debt of 5.45B USD. Its current ratio is 2.45: what falls due within a year against what turns into cash within a year. Over the last twelve months it generated 10.07B USD of free cash flow.

Newmont's revenue grew 14.7% a year over its last five fiscal years, from 11.42B USD in fiscal year 2020 to 22.67B USD in fiscal year 2025. Over the last twelve months it was up 24.0% on the twelve months before.

Where can I find Newmont's annual report (10-K)?

Newmont files its annual report (Form 10-K) and its quarterly reports (Form 10-Q) with the US Securities and Exchange Commission, on its EDGAR site; the figures on these pages come from them.

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Arincen ScoreBeta90/100

90/100B

112.705

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0.11

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Last updated: 13 Nov, 10:41 GMT-5 · Delayed 15 min

Q4 FY2026 · Earnings report

EPS estimate 2.08Revenue estimate 6.41B

Q4 FY2026 · Earnings report

Thursday 18 February

EPS estimate 2.08Revenue estimate 6.41B

Q4 FY2026 · Earnings report

EPS estimate 2.08Revenue estimate 6.41B

Q4 FY2026 · Earnings report

Thursday 18 February

EPS estimate 2.08Revenue estimate 6.41B

Overview Financials Forecast Earnings Dividends Company

Newmont financials

Yes. Newmont earned 9.24B USD of net income over the last twelve months, 35.1% of its revenue. It made a profit in 32 of its 41 fiscal years since 1985. Its last loss was in fiscal year 2023.

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 26.36B USD
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 9.24B USD
Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.: 10.07B USD
Cash and short-term investments: 8.83B USD
Total debt: 5.45B USD
Shareholders' equityWhat is a balance sheet? The balance sheet lists what a company owns (assets), what it owes (liabilities) and what is left for its shareholders (equity) on one date.: 35.68B USD

Cash, debt and equity as of 30 Sept 2026.

Newmont earnings

Next earnings · Q4 FY2026

18 Feb 2027

EPS estimate

2.08 USD

Revenue estimate

6.41B USD

Last quarter · Q3 FY2026

EPS2.20Beat +12.2%Revenue6.36BBeat +1.5%

Revenue

ReportedEstimate

EPS

ReportedEstimate

Period	Report date	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
Q3 FY2027	—	2.70	—	—	+22.95%	6.81B	—	—	+7.10%
Q2 FY2027	—	2.43	—	—	+15.78%	6.65B	—	—	+8.72%
Q1 FY2027	—	2.30	—	—	-20.56%	6.39B	—	—	-12.60%
Q4 FY2026	18 Feb 2027	2.08	—	—	-17.46%	6.41B	—	—	-6.04%
Q3 FY2026	22 Oct 2026	1.96	2.20	+12.24%	+28.65%	6.27B	6.36B	+1.54%	+18.27%
Q2 FY2026	23 Jul 2026	1.99	2.10	+5.53%	+46.85%	6.35B	6.12B	-3.71%	+15.98%
Q1 FY2026	23 Apr 2026	2.07	2.90	+40.10%	+132.00%	6.77B	7.31B	+8.00%	+45.85%
Q4 FY2025	19 Feb 2026	2.07	2.52	+21.74%	+80.00%	6.23B	6.82B	+9.47%	+19.11%
Q3 FY2025	23 Oct 2025	1.44	1.71	+18.75%	+111.11%	5.19B	5.38B	+3.65%	+16.96%
Q2 FY2025	24 Jul 2025	0.91	1.43	+58.01%	+98.61%	4.70B	5.28B	+12.33%	+22.36%

Period	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
FY2028	11.40	—	—	+14.86%	30.19B	—	—	+7.13%
FY2027	9.92	—	—	+6.50%	28.18B	—	—	+6.09%
FY2026	9.32	—	—	+34.84%	26.57B	—	—	+18.16%
FY2025	6.56	6.91	+5.35%	+98.56%	22.07B	22.48B	+1.88%	+20.64%
FY2024	3.09	3.48	+12.66%	+118.87%	18.21B	18.64B	+2.34%	+57.77%
FY2023	1.51	1.59	+5.56%	-14.52%	11.34B	11.81B	+4.13%	-0.86%
FY2022	1.85	1.86	+0.78%	-36.95%	11.81B	11.92B	+0.90%	-2.51%

Newmont growth and profitability

Full income statement

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 26.36B USD
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 9.24B USD
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.: 61.63%
Operating margin: 54.98%
Net margin: 35.05%

Revenue / Net income

Revenue Net income Net margin

Period	Revenue	Growth	Net income	Growth	Gross margin	Operating margin	Net margin	EBITDA	Growth
FY2025	22.67B	+22.16%	7.09B	+111.62%	53.21%	48.63%	31.25%	14.09B	+86.95%
FY2024	18.56B	+57.60%	3.35B	—	34.62%	30.97%	18.04%	7.54B	+2,219.38%
FY2023	11.78B	-1.46%	-2.52B	—	9.94%	5.52%	-21.41%	325.00M	-86.23%
FY2022	11.95B	-1.98%	-459.00M	-139.37%	17.94%	13.57%	-3.84%	2.36B	-36.14%
FY2021	12.19B	+6.77%	1.17B	-58.78%	19.49%	15.72%	9.57%	3.70B	-35.52%

Period	Revenue	Net income	Gross margin	Operating margin	Net margin
Q3 FY2026	6.36B	2.48B	66.32%	49.71%	38.90%
Q2 FY2026	6.12B	2.20B	56.00%	51.57%	35.99%
Q1 FY2026	7.31B	3.26B	64.84%	61.38%	44.64%
Q4 FY2025	6.57B	1.30B	58.76%	56.13%	19.80%
Q3 FY2025	5.38B	1.83B	48.29%	45.71%	34.05%

How Newmont makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Gold Dore14.33B 63.2%

Sales From Concentrate And Other Production8.34B 36.8%

Revenue22.67B 100.0%

Cost of revenue10.61B 46.8%

Gross profit12.06B 53.2%

Research and development166.00M 0.7%

Selling and administration382.00M 1.7%

Other operating expenses492.00M 2.2%

Operating income11.02B 48.6%

Tax4.60B 20.3%

Net income7.09B 31.3%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Newmont revenue breakdown

By product

FY2025

63.2%Gold Dore36.8%Sales From Concentrate And Other Production

Segment	Revenue	Share of revenue	Change on the year
Gold Dore	14.33B	63.2%	+16.4%
Sales From Concentrate And Other Production	8.34B	36.8%	+30.9%

By region

FY2025

61.5%United Kingdom15.0%South Korea9.4%Japan6.5%Other Countries3.8%Australia3.0%Mexico

Region	Revenue	Share of revenue	Change on the year
United Kingdom	13.07B	61.5%	+19.2%
South Korea	3.20B	15.0%	+63.4%
Japan	2.00B	9.4%	+4.3%
Other Countries	1.38B	6.5%	-7.0%
Australia	803.00M	3.8%	+96.3%
Mexico	639.00M	3.0%	+6.5%
Switzerland	89.00M	0.4%	-86.1%
Philippines	82.00M	0.4%	-88.4%

Operating and free cash flow

Full cash flow statement

Operating cash flow Free cash flow

Fiscal year	Operating cash flow	Free cash flow
FY2025	10.33B	7.30B
FY2024	6.36B	2.96B
FY2023	2.76B	97.00M
FY2022	3.22B	1.09B
FY2021	4.28B	2.63B
FY2020	4.88B	3.58B
FY2019	2.87B	1.40B
FY2018	1.83B	795.00M
FY2017	2.12B	1.26B
FY2016	2.79B	1.65B

Newmont financial health

Full balance sheet

Cash and short-term investments: 8.83B USD
Total debt: 5.45B USD
Net cash: 3.38B USD
Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.: 10.07B USD
Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.: 2.45
Debt to equityWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.: 0.15
Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.: 9 / 9
Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.: 4.97

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow

Fiscal year	Cash and short-term investments	Total debt	Free cash flow
FY2025	8.24B	5.71B	7.30B
FY2024	3.64B	8.97B	2.96B
FY2023	3.03B	9.44B	97.00M
FY2022	3.76B	6.13B	1.09B
FY2021	5.07B	6.30B	2.63B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity

Fiscal year	Total assets	Total liabilities	Shareholders' equity
FY2025	57.12B	23.08B	33.87B
FY2024	56.35B	26.24B	29.93B
FY2023	55.51B	26.30B	29.03B
FY2022	38.48B	18.95B	19.35B
FY2021	40.56B	18.70B	22.02B
FY2020	41.37B	17.49B	23.01B
FY2019	39.97B	17.56B	21.42B
FY2018	20.72B	9.20B	10.50B
FY2017	20.65B	9.13B	10.54B
FY2016	21.03B	9.16B	10.72B

Newmont valuation

Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.: 13.04
Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.: 12.10
Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.: 4.44
Price to bookWhat is the P/B ratio? The price-to-book ratio compares a company's market value with its book value, the shareholders' equity on its balance sheet.: 3.28
EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.: 6.76

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Market capitalization

117.12B USD

Total debt

5.45B USD

−

Cash and short-term investments

8.83B USD

Enterprise value

113.75B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate

Fiscal year	P/E	Forward P/E	P/S	P/B	EV/EBITDA
FY2028 (est.)	9.89	—	—	—	—
FY2027 (est.)	11.36	9.89	—	—	—
FY2026 (est.)	12.10	11.36	—	—	—
Now (TTM)	13.04	11.45	4.44	3.28	6.76
FY2025	15.58	10.72	4.87	3.26	7.70
FY2024	13.01	5.67	2.30	1.43	6.37
FY2023	-13.80	13.43	2.96	1.20	126.90
FY2022	-81.38	31.32	3.14	1.94	17.25
FY2021	42.48	20.27	4.07	2.25	13.76

Newmont against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: AngloGold Ashanti, Royal Gold, and Coeur Mining, the US Gold companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

Gross marginHighest in 5 years53.2%
9.9%53.2%
Against its peers: 2 of 4Peers' median 46.5%
Operating marginHighest in 5 years48.6%
5.5%48.6%
Against its peers: 2 of 4Peers' median 45.1%
Net marginHighest in 5 years31.3%
-21.4%31.3%
Against its peers: 2 of 4Peers' median 28.3%
Return on equityHighest in 5 years20.9%
-8.7%20.9%
Against its peers: 2 of 4Peers' median 17.7%
Free cash flow marginHighest in 5 years32.2%
0.8%32.2%
Against its peers: 1 of 4Peers' median 31.4%
Revenue growthAbove its median22.2%
-2.0%57.6%
Against its peers: 4 of 4Peers' median 70.8%
EPS growthHighest in 5 years124.1%
-139.7%124.1%
Against its peers: 2 of 4Peers' median 122.7%
Debt to EBITDALowest in 5 years0.41×
0.41×29.03×
Against its peers: 2 of 4Peers' median 0.44×
Current ratioAbove its median2.29
1.252.90
Against its peers: 3 of 4Peers' median 2.87

Figure	FY2025	5-year low – high	Against its history	Against its peers
Gross margin	53.2%	9.9%53.2%	Highest in 5 years	2 of 4
Operating margin	48.6%	5.5%48.6%	Highest in 5 years	2 of 4
Net margin	31.3%	-21.4%31.3%	Highest in 5 years	2 of 4
Return on equity	20.9%	-8.7%20.9%	Highest in 5 years	2 of 4
Free cash flow margin	32.2%	0.8%32.2%	Highest in 5 years	1 of 4
Revenue growth	22.2%	-2.0%57.6%	Above its median	4 of 4
EPS growth	124.1%	-139.7%124.1%	Highest in 5 years	2 of 4
Debt to EBITDA	0.41×	0.41×29.03×	Lowest in 5 years	2 of 4
Current ratio	2.29	1.252.90	Above its median	3 of 4

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Newmont dividends

Annual dividend: 1.04 USD
Dividend yield (indicated)What is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.: 0.92%
Payout ratioWhat is the payout ratio? The payout ratio is the share of a company's earnings paid out as dividends: dividends per share divided by earnings per share (EPS).: 14.93%
Years of dividend growthWhat are years of dividend growth? The years in a row a company has raised its dividend per share. 25 years make an S&P 500 company a Dividend Aristocrat; 50 make a Dividend King.: 1
Frequency: Quarterly
Next payment: 0.26 USD
Next ex-dividend dateWhat is the ex-dividend date? The ex-dividend date is the first day a stock trades without its next dividend: buy before it to receive the payment; buy on or after it and the seller gets it.: 25 Nov 2026
Next payment date: 21 Dec 2026

Dividends per share

Year	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Dividends per share	1.00	1.00	1.60	2.20	2.20	1.04	1.44	0.56	0.25	0.13

Newmont ownership

InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.: 77.83%
Institutional holders: 1,899 (-56)
Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.: 99.89%

Who owns the shares

Institutions 77.8% Others 22.2%

As of 30 Jun 2026

Shares free to trade

Free float 1.04B shares ·99.9% Closely held 1.16M shares ·0.1%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

Quarter	Sales	Shares acquired	Shares disposed of
Q4 2026	4	2.26K	35.66K
Q3 2026	6	73.91K	81.25K
Q2 2026	4	20.11K	33.89K
Q1 2026	8	63.65K	86.53K

Shares outstanding

Basic shares Diluted shares Change in diluted shares

Fiscal year	Basic shares	Diluted shares	Change in diluted shares
FY2025	1.11B	1.11B	-3.48%
FY2024	1.15B	1.15B	+36.50%
FY2023	841.00M	841.00M	+5.79%
FY2022	794.00M	795.00M	-0.75%
FY2021	799.00M	801.00M	-0.62%

Common questions about Newmont's financials

Source: Financial Modeling Prep

Newmont
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Newmont financials

Newmont earnings

Revenue

EPS

Newmont growth and profitability

Revenue / Net income

How Newmont makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Newmont revenue breakdown

By product

By region

Operating and free cash flow

Newmont financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Newmont valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

Newmont against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Newmont dividends

Dividends per share

Newmont ownership

Who owns the shares

Shares free to trade

Insider trading

Shares outstanding

Common questions about Newmont's financials

Is Newmont profitable?

Is Newmont financially healthy?

Is Newmont growing?

Where can I find Newmont's annual report (10-K)?

Need help?

Newmont DQuotes are delayed by 15 minutes

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Newmont financials

Newmont earnings

Revenue

EPS

Newmont growth and profitability

Revenue / Net income

How Newmont makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Newmont revenue breakdown

By product

By region

Operating and free cash flow

Newmont financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Newmont valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

Newmont against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Newmont dividends

Dividends per share

Newmont ownership

Who owns the shares

Shares free to trade

Insider trading

Shares outstanding

Common questions about Newmont's financials

Is Newmont profitable?

Is Newmont financially healthy?

Is Newmont growing?

Where can I find Newmont's annual report (10-K)?

Need help?

Newmont
D
Quotes are delayed by 15 minutes