Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Newmont Corp

NEM · NYSE · Materials

Fundamental quality

ATTRACTIVE

88

out of 100

Newmont Corp fits the profile of a quality compounder: it pairs high return on capital (ROE 24.4%) with wide margins (net margin 33.4%) and a business that keeps growing (15.8% a year). On fundamental quality it scores 88 out of 100, profiling it as a company with solid fundamentals. Its weakest area is its growth (revenue +15.8%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Newmont is the world's largest gold miner, operating across the Americas, Africa and Australia. Its product isn't consumed: it's hoarded — its fortunes track the gold price, which rises with fear, inflation and central-bank buying.

What will shape its future

  • The gold price, 90% of the story.
  • Its extraction costs (AISC): the gap between price and cost is the entire margin.
  • Capital discipline: gold mining has a terrible record of buying expensive at cycle tops.

Breakdown by area

I.Growth
75

EPS growth: 16% · Revenue growth: 15.8%

II.Profitability
93

Net margin: 33.4% · ROE: 24.4% · ROIC: 27.7%

III.Financial health
95

Net debt/EBITDA: -0.25x · FCF: 37.8%

Source: SEC EDGAR · TTM through 30/06/2026

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 27 Materials companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 93%
ROEbeats 89%
Growthbeats 93%
Cash generationbeats 100%
Less debtbeats 96%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Newmont Corp strengths

  • Excellent free-cash-flow generation (FCF margin of 37.8%): profit turns into real cash.
  • Exceptional net margin (33.4%), high even for its sector: the business is clearly profitable.
  • Strong return on equity (ROE of 24.4%): it puts shareholder capital to good use.
  • Revenue growing (15.8% annualized).

Newmont Corp risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

Newmont Corp historical evolution

YearRevenueNet incomeFree cash flowNet debt
202011,4972,8293,580491
202112,2221,1662,626660
202211,915-4291,0892,694
202311,812-2,494975,872
202418,6823,3482,9614,857
202522,6697,0857,299-2,532

Between 2020 and 2025, revenue went from $11,497M to $22,669M (+97%) and net income went from $2,829M to $7,085M (+150%). Meanwhile, its margins have widened (from 25% to 31%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue+30%
  • Net income+38.3%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Net margin33.9%33.4%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$1

per share, yearly

15.6% of earnings

Payout

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Newmont Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Newmont Corp a good company to invest in?

In terms of business quality, Newmont Corp scores 88 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Newmont Corp a profitable company?

Very. Newmont Corp shows a net margin of 33.4% and an ROE of 24.4%, typical of a highly profitable business.

Does Newmont Corp have a lot of debt?

No. Newmont Corp has a net cash position: more cash than debt.

Is Newmont Corp growing?

Its revenue has grown 15.8% annualized in recent years and its earnings per share 16%.

Does Newmont Corp generate cash?

Yes. It converts about 37.8% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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