Newmont (TSX:NGT) 3-Year FCF Growth Rate : -70.40% (As of Dec. 2023)

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What is Newmont 3-Year FCF Growth Rate?

Newmont's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$-0.42.

During the past 12 months, Newmont's average Free Cash Flow per Share Growth Rate was -91.60% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -70.40% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -33.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Newmont was 43.40% per year. The lowest was -70.40% per year. And the median was -8.15% per year.

Competitive Comparison of Newmont's 3-Year FCF Growth Rate

For the Gold subindustry, Newmont's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.

Newmont's 3-Year FCF Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newmont's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Newmont's 3-Year FCF Growth Rate falls into.

Newmont 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Newmont (TSX:NGT) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Newmont 3-Year FCF Growth Rate Related Terms

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Newmont (TSX:NGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (TSX:NGT) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

NEM:USA NEM:Peru NEM:Mexico NEM_KZ:Kazakhstan 1NEM:Italy 0R28:UK NMM:Germany NEM:Chile N1EM34:Brazil NEM:Australia NEWM:Austria NEM:Argentina

Address

6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237

Website

https://www.newmont.com

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.

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