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Newmont NEM Tanami — CapEx

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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$98.19B+40.4%
Enterprise value$94.23B+33.0%
P/E11.4×+0.3×
P/S3.8×+0.4×

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:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Newmont’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Newmont's tanami — capex?
Newmont (NEM) reported tanami — capex of $161M in Q2 2026.
How has Newmont's tanami — capex changed year-over-year?
Newmont's tanami — capex increased by 38.8% year-over-year, from $116M to $161M.
What is the long-term trend for Newmont's tanami — capex?
Over 4 years (2021 to 2025), Newmont's tanami — capex has grown at a 17.1% compound annual growth rate (CAGR), from $304M to $571M.
What does tanami — capex mean?
This metric tracks the cash spent on acquiring, upgrading, or maintaining physical assets at the Tanami site, such as machinery, processing plants, or mine development. It is a key indicator of the company's reinvestment strategy and commitment to the long-term viability of the asset. High capital expenditure is often required to sustain or grow production levels.