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Newmont NEM Price / earnings

Price / earnings at other companies

Coeur Mining logo
Coeur MiningCDE
24.3×-6.9×
Freeport-McMoRan Inc. logo
Freeport-McMoRan Inc.FCX
17.8×+4.3×
Southern Copper logo
Southern CopperSCCO
28.5×+7.9×
Royal Gold logo
Royal GoldRGLD
34×+7.1×
Nucor logo
NucorNUE
16.5×-4.2×

Other financials

Income statement

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Revenue$7.3B+45.9%
Gross profit$5.4B+84.9%
Net income$3.3B+72.5%
EPS (diluted)$3.00+78.6%

Balance sheet

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Cash & equivalents$8.8B+86.3%
Total debt$5.1B-32.3%
Total equity$34.9B+11.8%
Total assets$57.7B+3.9%

Cash flow

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Operating cash flow$3.8B+86.4%
CapEx$641.0M-22.4%
Free cash flow$3.1B+161%

Valuation

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Market cap$110.8B+115%
Enterprise value$107.07B+97.8%
P/S4.4×+1.8×

Profitability

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Gross margin68.3%+13.9pp
Net margin33.9%+8.1pp

Returns & leverage

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Return on equity25.6%+8.7pp
Debt / equity0.1×-0.1×
Current ratio2.4×+0.5×

Where this comes from

Calculated from Newmont’s reported figures.

Based on the most recent quarter.

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

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Questions, answered.

What is Newmont's price / earnings?
Newmont (NEM) reported price / earnings of 13.8× in Q1 2026.
How has Newmont's price / earnings changed year-over-year?
Newmont's price / earnings increased by 28.8% year-over-year, from 10.7× to 13.8×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.