15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 14.5% per year over the past 5 years.
Net income has grown faster than revenue (20.2% vs 14.5% per year).
Free cash flow has grown 15.3% per year over the past 5 years.
Financial health
The company holds more cash ($7.6B) than total debt ($5.1B).
Total debt has grown slower than revenue (-3.4% vs 14.5% per year).
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 15.6% of earnings and 15.2% of free cash flow.
The dividend has grown 5.8% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$22.7B
$7.1B
0.0%
0.0%
$7.3B
$5.1B
$7.6B
2024
$18.7B
$3.3B
0.0%
0.0%
$3.0B
$8.5B
$3.6B
2023
$11.8B
-$2.5B
0.0%
0.0%
$97M
$8.9B
$3.0B
2022
$11.9B
-$429M
0.0%
0.0%
$1.1B
$5.6B
$2.9B
2021
$12.2B
$1.2B
0.0%
0.0%
$2.6B
$5.7B
$5.0B
2020
$11.5B
$2.8B
0.0%
0.0%
$3.6B
$6.1B
$5.5B
2019
$9.7B
$2.8B
0.0%
0.0%
$1.4B
$6.2B
$2.2B
2018
$7.3B
$341M
0.0%
0.0%
$795M
$4.0B
$3.4B
2017
$7.4B
-$114M
0.0%
0.0%
$1.3B
$4.0B
$3.3B
2016
$6.7B
-$629M
0.0%
0.0%
$1.7B
$4.6B
$2.8B
2015
—
$206M
—
—
$834M
$5.9B
$2.4B
2014
—
$508M
—
—
$398M
$6.6B
$2.2B
2013
—
-$2.5B
—
—
-$357M
$6.7B
$1.3B
2012
—
$1.8B
—
—
-$838M
$6.3B
$1.6B
2011
—
$332M
—
—
$797M
$4.3B
$1.8B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$7.3B
$3.3B
0.0%
0.0%
$3.1B
$5.1B
$8.8B
Dec '25
$6.8B
$1.3B
0.0%
0.0%
$2.8B
$5.1B
$7.6B
Sep '25
$5.5B
$1.8B
0.0%
0.0%
$1.6B
$5.2B
$5.6B
Jun '25
$5.3B
$2.1B
0.0%
0.0%
$1.7B
$7.1B
$6.2B
Mar '25
$5.0B
$1.9B
0.0%
0.0%
$1.2B
$7.5B
$4.7B
Dec '24
$5.7B
$1.4B
0.0%
0.0%
$1.6B
$8.5B
$3.6B
Sep '24
$4.6B
$922M
0.0%
0.0%
$771M
$8.6B
$3.0B
Jun '24
$4.4B
$853M
0.0%
0.0%
$628M
$8.7B
$2.6B
Mar '24
$4.0B
$170M
0.0%
0.0%
-$74M
$8.9B
$2.3B
Dec '23
$4.0B
-$3.2B
0.0%
0.0%
-$304M
$8.9B
$3.0B
Sep '23
$2.5B
$158M
0.0%
0.0%
$399M
$5.6B
$3.2B
Jun '23
$2.7B
$155M
0.0%
0.0%
$47M
$5.6B
$2.8B
Mar '23
$2.7B
$351M
0.0%
0.0%
-$45M
$5.6B
$2.7B
Dec '22
$3.2B
-$1.5B
0.0%
0.0%
$364M
$5.6B
$2.9B
Sep '22
$2.6B
$213M
0.0%
0.0%
-$56M
$5.6B
$3.1B
Jun '22
$3.1B
$387M
0.0%
0.0%
$524M
$5.6B
$4.3B
Mar '22
$3.0B
$448M
0.0%
0.0%
$257M
$5.6B
$4.3B
Dec '21
$3.4B
-$46M
0.0%
0.0%
$858M
$5.7B
$5.0B
Sep '21
$2.9B
$3M
0.0%
0.0%
$746M
$5.5B
$4.6B
Jun '21
$3.1B
$650M
0.0%
0.0%
$580M
$5.5B
$4.6B
Valuation over time
How the market has priced NEM against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 11.8× (Dec '24) to 14.4× (Jun '26).
The price-to-sales ratio has risen from 4.4× (Mar '23) to 4.5× (Jun '26).
The dividend yield has fallen from 3.3% (Mar '23) to 1.1% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is NEM growing its revenue and profit?
Over the past 5 years, Newmont's revenue has grown 14.5% per year, and net income grown 20.2% per year. These are computed facts, not advice.
How much debt does NEM have?
As of FY2025, Newmont reported $5.1B of total debt against $7.6B of cash.
What is NEM's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 31.3%.
What is NEM's P/E ratio?
As of Jun '26, Newmont traded at a price-to-earnings ratio of about 14.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.