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Newmont NEM Reclamation and remediation — Accretion expense

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Other financials

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

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Market cap$109.89B+47.3%
Enterprise value$105.93B+40.3%
P/E12.8×+0.9×
P/S4.3×+0.6×

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×

Where this comes from

Reported directly by Newmont in its filing.

Tagged under the XBRL concept us-gaap:AssetRetirementObligationAccretionExpense.

The source filing: Newmont’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:46 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001164727-26-000036
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Reclamation adjustments and other$2$1$3$2
Reclamation accretion7476146163
Reclamation expense7677149165
Remediation adjustments and other4477
Remediation accretion1234
Remediation expense561011
Reclamation and remediation$81$83$159$176

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Newmont's reclamation and remediation — accretion expense?
Newmont (NEM) reported reclamation and remediation — accretion expense of $74M in Q2 2026.
How has Newmont's reclamation and remediation — accretion expense changed year-over-year?
Newmont's reclamation and remediation — accretion expense decreased by 2.6% year-over-year, from $76M to $74M.
What is the long-term trend for Newmont's reclamation and remediation — accretion expense?
Over 4 years (2021 to 2025), Newmont's reclamation and remediation — accretion expense has grown at a 25.2% compound annual growth rate (CAGR), from $125M to $307M.
What does reclamation and remediation — accretion expense mean?
This represents the non-cash interest expense associated with the passage of time on the discounted mine reclamation and closure liability. As the expected date of closure approaches, the present value of the liability increases, resulting in this periodic charge. It reflects the time value of money applied to long-term environmental obligations.

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