Newcrest Mining (Newcrest Mining) Net Margin % : 20.46% (As of Jun. 2023)

View and export this data going back to . Start your Free Trial

What is Newcrest Mining Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Newcrest Mining's Net Income for the six months ended in Jun. 2023 was $485 Mil. Newcrest Mining's Revenue for the six months ended in Jun. 2023 was $2,371 Mil. Therefore, Newcrest Mining's net margin for the quarter that ended in Jun. 2023 was 20.46%.

The historical rank and industry rank for Newcrest Mining's Net Margin % or its related term are showing as below:

NCMGY' s Net Margin % Range Over the Past 10 Years
Min: -54.98 Med: 13.78 Max: 25.44
Current: 17.27

NCMGY's Net Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 0.085 vs NCMGY: 17.27

Newcrest Mining Net Margin % Historical Data

The historical data trend for Newcrest Mining's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Newcrest Mining Net Margin % Chart

Newcrest Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Net Margin %

Get a 7-Day Free Trial

14.99

16.50

25.44

20.73

17.26

Newcrest Mining Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Net Margin %	Get a 7-Day Free Trial															25.42	17.37	23.04	13.71	20.46

Competitive Comparison of Newcrest Mining's Net Margin %

For the Gold subindustry, Newcrest Mining's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Newcrest Mining's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newcrest Mining's Net Margin % distribution charts can be found below:

* The bar in red indicates where Newcrest Mining's Net Margin % falls into.

Newcrest Mining Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Newcrest Mining's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	778	/	4508
	=	17.26 %

Newcrest Mining's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	485	/	2371
	=	20.46 %

Newcrest Mining (OTCPK:NCMGY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Newcrest Mining Net Margin % Related Terms

Thank you for viewing the detailed overview of Newcrest Mining's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Newcrest Mining (Newcrest Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newcrest Mining Ltd (OTCPK:NCMGY) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Saint Kilda Road, Level 8, Melbourne, VIC, AUS, 3004

Website

https://www.newcrest.com.au

Newcrest is an Australia-based gold and, to a lesser extent, copper miner. Operations are mainly in Australia and Papua New Guinea. The company also owns a 32% stake in the Fruta Del Norte gold mine in Ecuador, while the acquisition of Brucejack in 2022 adds to its 70% stake in the Red Chris mine in Canada. The company is likely to produce around 2 million ounces of gold per year over the next decade, making it one of the larger global gold producers but still only accounting for less than 2% of total supply. Cash costs are below the industry average, underpinned by improvements at Lihir and Cadia. Organic growth options include its Havieron prospect, the Red Chris underground mine, and the high-grade Wafi-Golpu copper-gold prospect in PNG.