Newmont Corporation (NEM) Financial Statements

Newmont Corporation

NEM · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$22.67B	$18.68B	$11.81B	$11.91B	$12.22B	$11.50B	$9.74B	$7.25B
Research & Development	$166.00M	$197.00M	$200.00M	$229.00M	$154.00M	$122.00M	$150.00M	$153.00M
Selling, General & Administrative	$382.00M	$442.00M	$299.00M	$276.00M	$259.00M	$269.00M	$313.00M	$244.00M
Operating Expenses	$11.71B	$14.15B	$13.51B	$11.71B	$10.96B	$8.69B	$8.46B	$6.46B
Other Income / (Expense)	$381.00M	$50.00M	-$331.00M	-$254.00M	-$149.00M	$337.00M	$2.42B	-$52.00M
Income Before Taxes	$11.34B	$4.58B	-$2.03B	-$51.00M	$1.11B	$3.14B	$3.69B	$738.00M
Provision for Income Taxes	$4.60B	$1.40B	$526.00M	$455.00M	$1.10B	$704.00M	$832.00M	$386.00M
Net Income	$7.08B	$3.35B	-$2.49B	-$429.00M	$1.17B	$2.83B	$2.81B	$341.00M
Basic EPS	$6.41	$2.92	-$2.97	-$0.54	$1.46	$3.52	$3.82	$0.64
Diluted EPS	$6.39	$2.92	-$2.97	-$0.54	$1.46	$3.51	$3.81	$0.64
Basic Shares Outstanding	1.11B	1.15B	841.00M	794.00M	799.00M	804.00M	735.00M	533.00M
Diluted Shares Outstanding	1.11B	1.15B	841.00M	795.00M	801.00M	806.00M	737.00M	535.00M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$9.06	$8.61	$9.55	8	↑1 ↓6
Dec 2027	$9.95	$8.16	$12.09	8	↑1 ↓6
Dec 2028	$11.78	$10.14	$14.24	4	↑0 ↓0
Dec 2029	$13.86	$13.86	$13.86	1	↑0 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: NEM
Type: Stock
Sector: Basic Materials
Industry: Precious Metals
Country: North America
Exchange: NYSE

Newmont is the world's leading gold company and a producer of copper, zinc, lead, silver and molybdenum, providing the metals the world needs for today and tomorrow. Founded in 1921 and publicly traded since 1925, Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. At Newmont, our purpose is to unearth value sustainably to advance lives. To learn more, visit www.newmont.com.

Key Issues

Bullish view

Fiscal 2025 revenue rose to $22.7 billion from $18.7 billion and net income increased to $7.1 billion from $3.3 billion, providing evidence of substantially improved earnings power. Zacks also describes Newmont as having a growth pipeline, solid balance sheet, and shareholder returns.

Bearish view

The supplied research does not establish that the improvement will persist, while Zacks identifies valuation, production outlook, and expansion plans as key differences in comparing Newmont with Equinox Gold. The lack of a disclosed target range also makes the valuation debate difficult to quantify.

Analyst Consensus

See all

Buy

17 analysts

$104

Current

—

Low

$128

Average

—

High

Average target implies +22.17% versus the current price.

Earnings History

BeatMissNo estimate

Peers

Rio Tinto PlcRIO · NYSE$101.44