Newmont Corporation (NEM) Stock Analysis
Basic Materials · Gold · NYSE
Newmont Corporation (NEM) posted $22.67B in revenue for fiscal 2025 (up 21.3% year over year), at a 31.3% net margin, and has compounded revenue about 14.5%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Newmont Corporation
Newmont Corporation has grown revenue from $6.71B to $22.67B over the last 10 fiscal years, compounding about 14.5% a year. The most recent year was up 21.3%, so growth is actually accelerating.
Net margin sits at 31.3%, up 13.4 points year over year. It carries about $5.12B of total debt.
At today's valuation the market is pricing in roughly 2.4% annual free-cash-flow growth — versus the 15.3% it actually delivered over the last five years, so the price is arguably undemanding against what it has already proven. The one thing worth a second look in the filings is share count rising (dilution).
Synthesised from Newmont Corporation's SEC filings — descriptive, not advice. Ask the analyst your own question →
Newmont Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.71B | $7.38B | $7.25B | $9.74B | $11.50B | $12.22B | $11.91B | $11.81B | $18.68B | $22.67B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $-629.00M | $-114.00M | $341.00M | $2.81B | $2.83B | $1.17B | $-429.00M | $-2.48B | $3.35B | $7.08B |
| Net margin | -9.4% | -1.5% | 4.7% | 28.8% | 24.6% | 9.5% | -3.6% | -21.0% | 17.9% | 31.3% |
Source: Newmont Corporation SEC filings (10-K). 19 years of history available in the interactive view.
Newmont Corporation: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Share count rising (dilution)Shares outstanding grew 37.5% over 4 years (792M → 1089M) — existing holders' stakes are being diluted.
What growth is priced into NEM stock?
At today's market cap of $98.74B, Newmont Corporation is priced for free-cash-flow growth of about 2.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $7.30B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 15.3%/yr over the last five fiscal years and revenue 14.5%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of Newmont Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Newmont Corporation financial history by metric
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About Newmont Corporation
Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.
Newmont Corporation — frequently asked questions
What is Newmont Corporation's revenue?
Newmont Corporation (NEM) reported revenue of $22.67B for fiscal year 2025, up 21.3% from the prior year, according to its SEC filings.
Is Newmont Corporation profitable?
Yes. NEM earned net income of $7.08B in fiscal 2025, a net margin of 31.3%.
What is NEM's P/E ratio?
Newmont Corporation trades at a price-to-earnings ratio of about 11.8 based on the latest data in our nightly-refreshed cache.
How fast is Newmont Corporation growing?
NEM's revenue grew at roughly 14.5% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Newmont Corporation have?
As of fiscal year 2025, NEM carried roughly $5.12B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Newmont Corporation's market cap?
Newmont Corporation (NEM) has a market capitalization of about $98.74B, based on the latest data in our nightly-refreshed cache.
When does Newmont Corporation's fiscal year end?
NEM's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into NEM stock?
At today's market cap of $98.74B, Newmont Corporation is priced for free-cash-flow growth of about 2.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $7.30B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 15.3%/yr over the last five fiscal years and revenue 14.5%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Newmont Corporation's official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.