NEWMONT Corp /DE/ NEM
Newmont Corporation was incorporated in 1921 and is primarily a gold producer with significant operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. At December 31, 2025, Newmont had attributable proven and probable gold reserves of 118.2 million ounces, attributable measured and indicated gold resources of 88.1 million ounces, attributable inferred gold resources of 60.6 million ounces, and an aggregate land position of approximately 19,200 square miles (49,800 square kilometers). Newmont is also engaged in the production of copper, silver, lead, and zinc. As the world's leading gold company, Newmont remains committed to creating value and improving lives through sustainable and responsible mining.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United Kingdom
- South Korea
- Japan
- Other
- China
- Australia
- Mexico
| Region | FY2025 |
|---|---|
| United Kingdom | $13.07B |
| South Korea | $3.20B |
| Japan | $2.00B |
| Other | $1.55B |
| China | $1.41B |
| Australia | $803.0M |
| Mexico | $639.0M |
As the company reported it, from the “SALES - Revenues by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.67B | $18.68B | $11.81B | $11.91B | $12.22B | $11.50B | $9.74B | $7.25B | $7.38B | $6.68B |
| R&D | $166.0M | $197.0M | $200.0M | $229.0M | $154.0M | $122.0M | $150.0M | $153.0M | $143.0M | $134.0M |
| SG&A | $382.0M | $442.0M | $299.0M | $276.0M | $259.0M | $269.0M | $313.0M | $244.0M | $237.0M | $233.0M |
| Total operating expenses | $11.71B | $14.15B | $13.51B | $11.71B | $10.96B | $8.69B | $8.46B | $6.46B | $6.12B | $6.70B |
| Pre-tax income | $11.34B | $4.58B | -$2.03B | -$51.0M | $1.11B | $3.14B | $3.69B | $738.0M | $1.07B | -$220.0M |
| Income tax | $4.60B | $1.40B | $526.0M | $455.0M | $1.10B | $704.0M | $832.0M | $386.0M | $1.13B | $579.0M |
| Net income | $7.08B | $3.35B | -$2.49B | -$429.0M | $1.17B | $2.83B | $2.81B | $341.0M | -$114.0M | -$629.0M |
| EPS, basic | 6.41 | 2.92 | -2.97 | -0.54 | 1.46 | 3.52 | 3.82 | 0.64 | -0.21 | -1.19 |
| EPS, diluted | 6.39 | 2.92 | -2.97 | -0.54 | 1.46 | 3.51 | 3.81 | 0.64 | -0.21 | -1.18 |
| Shares, diluted (wtd. avg.) | 1.11B | 1.15B | 841.0M | 795.0M | 801.0M | 806.0M | 737.0M | 535.0M | 535.0M | 532.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $7.65B | $3.62B | $3.00B | $2.94B | $5.09B | $5.65B | $2.35B | $3.49B | $3.30B | $2.78B |
| Short-term investments | $594.0M | $21.0M | $23.0M | $880.0M | $82.0M | $290.0M | $237.0M | $48.0M | $62.0M | $56.0M |
| Receivables | $1.07B | $1.06B | $734.0M | $366.0M | $337.0M | $449.0M | $373.0M | $254.0M | $124.0M | $129.0M |
| Total current assets | $13.07B | $12.28B | $7.51B | $6.51B | $7.70B | $8.51B | $6.27B | $5.28B | $5.07B | $4.67B |
| Property, plant and equipment | — | — | — | — | — | — | $25.28B | $12.26B | $12.34B | $12.52B |
| Goodwill | $2.66B | $2.66B | $3.00B | $1.97B | $2.77B | $2.77B | $2.67B | $58.0M | — | — |
| Total assets | $57.12B | $56.35B | $55.51B | $38.48B | $40.56B | $41.37B | $39.97B | $20.71B | $20.65B | $21.07B |
| Accounts payable | $816.0M | $843.0M | $960.0M | $633.0M | $518.0M | $493.0M | $539.0M | $303.0M | $375.0M | $320.0M |
| Short-term debt | $0 | $924.0M | $1.92B | $0 | $87.0M | $551.0M | $0 | $626.0M | $4.0M | $566.0M |
| Total current liabilities | $5.71B | $7.54B | $6.00B | $2.93B | $2.65B | $3.37B | $2.38B | $1.79B | $1.40B | $1.74B |
| Long-term debt | $5.12B | $7.55B | $6.95B | $5.57B | $5.57B | $5.48B | $6.14B | $3.42B | $4.04B | $4.05B |
| Total liabilities | $23.08B | $26.24B | $26.30B | $18.95B | $18.70B | $17.49B | $17.56B | $9.20B | $9.13B | $9.29B |
| Retained earnings | $3.43B | -$1.32B | -$3.00B | $916.0M | $3.10B | $4.00B | $2.29B | $383.0M | $410.0M | $658.0M |
| Total equity | $33.87B | $29.93B | $29.20B | $19.53B | $21.81B | $23.84B | $22.37B | $11.46B | $11.52B | $11.79B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $10.33B | $6.36B | $2.76B | $3.22B | $4.28B | $4.88B | $2.87B | $1.83B | $2.12B | $2.79B |
| Depreciation and amortisation | $2.52B | $2.58B | $2.11B | $2.19B | $2.32B | $2.30B | $1.96B | $1.22B | $1.26B | $1.21B |
| Capital expenditure | $3.04B | $3.40B | $2.67B | $2.13B | $1.65B | $1.30B | $1.46B | $1.03B | $866.0M | $1.13B |
| Investing cash flow | $606.0M | -$2.70B | -$1.00B | -$2.98B | -$1.87B | $91.0M | -$1.23B | -$1.18B | -$946.0M | -$74.0M |
| Financing cash flow | -$7.04B | -$2.95B | -$1.60B | -$2.36B | -$2.96B | -$1.68B | -$2.78B | -$455.0M | -$668.0M | -$1.82B |
| Dividends paid | $1.11B | $1.15B | $1.42B | $1.75B | $1.76B | $834.0M | $889.0M | $301.0M | $134.0M | $67.0M |
| Buybacks | $2.30B | $1.25B | $0 | $0 | $525.0M | $521.0M | $479.0M | $98.0M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001164727-26-000010.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.68B | $7.38B | $7.25B | $9.74B | $11.50B | $12.22B | $11.91B | $11.81B | $18.68B | $22.67B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | -$629.0M | -$114.0M | $341.0M | $2.81B | $2.83B | $1.17B | -$429.0M | -$2.49B | $3.35B | $7.08B |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Item 5.02
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 1040
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|---|---|---|---|---|
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| PPTA | PERPETUA RESOURCES CORP. | $2.06B | — | — |
| HYMC | HYCROFT MINING HOLDING CORP | $1.44B | — | — |
| IAUX | i-80 Gold Corp. | $1.26B | — | 89.1% |
| MUX | McEwen Inc. | $897.7M | 24.8x | 13.2% |
| CTGO | Contango Silver & Gold Inc. | $483.2M | — | — |
| VGZ | VISTA GOLD CORP | $385.4M | — | — |