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Newmont

NEM

Newmont Corporation is the world's leading gold producer, primarily engaged in the exploration, acquisition, and operation of gold properties.

Market cap
$138.67B+74.4%
Revenue$25.8B+25.2%
Net income$8.6B+37.0%
Free cash flow$9.7B+82.9%
EPS (diluted)$7.92+42.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 2 months)
Revenue estimate$6.2B
EPS estimate$2.18

Financials

Q2 2026

Income statement

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Revenue$6.1B+15.1%
Gross profit$4.0B+21.5%
Net income$2.2B+6.8%
EPS (diluted)$2.06+11.4%

Balance sheet

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Cash & equivalents$9.0B+45.4%
Total debt$5.1B-28.7%
Total equity$35.2B+9.8%
Total assets$57.6B+4.5%

Cash flow

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Operating cash flow$2.9B+22.7%
CapEx$719.0M+6.7%
Free cash flow$2.2B+28.9%

Valuation & ratios

Valuation

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Market cap$138.67B+74.4%
Enterprise value$134.71B+67.5%
P/E16.1×+3.5×
P/S5.4×+1.5×

Profitability

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Gross margin68.9%+11.7pp
Net margin33.4%+2.9pp
FCF margin37.8%+11.9pp

Returns & leverage

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Return on equity25.5%+5.1pp
Debt / equity0.1×-0.1×
Current ratio2.5×+0.3×

Segments

By segment

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Boddington$747.0M+37.6%
Peñasquito$663.0M-18.7%
Lihir$640.0M+23.8%
Yanacocha$581.0M+30.3%
Ahafo South$415.0M-36.8%

By product

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Gold Dore$4.3B
Sales from concentrate and other production$1.8B

Competitors

Profile

Newmont Corporation is the world's leading gold producer, primarily engaged in the exploration, acquisition, and operation of gold properties. The company also produces significant quantities of copper, silver, lead, and zinc as part of its mining operations. Its core value proposition centers on sustainable and responsible mining across a global portfolio of large-scale assets.

Competitive position

Newmont is the world's largest gold producer and the only gold company in the S&P 500, characterized by a high-quality, long-life asset base.

GeographiesUnited States, Australia, Canada, Ghana, Papua New Guinea, Mexico, Peru, Argentina, Suriname, Dominican Republic
Customer segmentsCommodity markets, Industrial users, Financial institutions
Business modelExtraction and production, Joint venture, Exploration and development
SuppliersMining equipment manufacturers, Energy and fuel providers, Chemical and consumable suppliers, Labor and specialized engineering services
CustomersMetal refineries, Smelters, Jewelry manufacturers, Central banks, Industrial technology companies
Listed1951
Employees21.7K
CEONatascha Viljoen
IndustryGold
FilingsSEC EDGAR

FAQ

What is Newmont's market cap?
Newmont (NEM) has a market capitalization of $138.67B and trades on NYSE.
What is Newmont's revenue and profitability?
Newmont generated $25.8B in trailing twelve-month revenue with net income of $8.6B, representing a net margin of 33.4%. Gross margin stands at 68.9%, with free cash flow of $9.7B. These figures are based on the Q2 2026 filing.
Who are Newmont's competitors?
Newmont's key competitors include Barrick Gold Corporation, Agnico Eagle Mines, AngloGold Ashanti, and others. These companies compete in similar markets and product categories.
Who does Newmont partner with?
Newmont's notable partners include Barrick Gold Corporation, Lundin Gold.
What subsidiaries does Newmont have?
Newmont's subsidiaries include Newcrest Mining Limited, Nevada Gold Mines.
Where is Newmont headquartered?
Newmont is headquartered in United States of America and employs approximately 21,700 people. It has been publicly traded since 1951.