NewmontWBO:NEWM -3.51%85 Net Margin % is 44.64% as of Mar. 2026, which is 527% above its 10-year median of 7.12. GuruFocus rates WBO:NEWM with a GF Score™ of 85/100 and a GF Value™ of €64.01 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 843 Metals & Mining companies, Newmont ranks better than 87.78% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Newmont's Net Income for the
three
months ended in Mar. 2026 was €2,822 Mil. Newmont's Revenue for the
three
months ended in Mar. 2026 was €6,321 Mil. Therefore, Newmont's net margin for the quarter that ended in Mar. 2026 was 44.64%.
The historical rank and industry rank for Newmont's Net Margin % or its related term are showing as below:
WBO:NEWM'
s Net Margin % Range Over the Past 10 Years
Min: -21.11 Med: 7.12 Max: 33.87
Current: 33.87
WBO:NEWM's Net Margin % is ranked better than 87.78% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs WBO:NEWM: 33.87
Newmont (WBO:NEWM) 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.
Newmont Net Margin % Related Terms
Newmont Net Margin % Historical Data
* Premium members only.
The historical data trend for Newmont'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.
WBO:NEWM vs AU, CDE, RGLD: Net Margin % Comparison
For the Gold subindustry, Newmont'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.
Newmont Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newmont's Net Margin % distribution charts can be found below:
* The bar in red indicates where Newmont's Net Margin % falls into.
* 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.
Newmont (WBO:NEWM) has a Net Margin % of 44.64% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Newmont and its competitors. This is 527% above median its historical median of 7.12. According to the industry distribution chart, Newmont ranks #103 out of 843 companies in the Metals & Mining industry, placing it in the top 12.2%.
Is Newmont's Net Margin % too high?
Newmont's current Net Margin % of 44.64% is 527% above median its 10-year median of 7.12. The Metals & Mining industry median Net Margin % is 3.41. Newmont's value of 44.64% is 1209.1% above this industry median. Based on the distribution chart, Newmont ranks #103 out of 843 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Newmont has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newmont's Net Margin % compare to AU and CDE?
According to the Metals & Mining industry distribution chart, Newmont ranks #103 out of 843 companies for Net Margin %. This places Newmont in the top 12% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.41. Newmont's value of 44.64% is 1209.1% above this benchmark. While the company's 10-year median is 7.12 vs. the industry median of 3.41, Newmont has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Metals & Mining company?
The median Net Margin % among Metals & Mining companies is 3.41, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Newmont's current Net Margin % of 44.64% is 1209.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Newmont and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newmont's current Net Margin % is 44.64%, which is 527% above median its own 10-year median of 7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmont stock overvalued right now?
Based on GuruFocus' analysis, Newmont (WBO:NEWM) is currently considered Modestly Overvalued. The stock's GF Value™ is €64.01, compared to a current price of €82.96 — trading 29.6% above its estimated fair value. The current Net Margin % is 44.64%, which is 527% above median its 10-year median of 7.12 and 1209.1% above the Metals & Mining industry median of 3.41. Newmont's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Newmont (WBO:NEWM), the current Net Margin % is 44.64% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Newmont (WBO:NEWM) Overvalued in 2026?
Based on GuruFocus' analysis, Newmont stock appears to be overvalued.
The current stock price of €82.96 is trading 29.6% above its estimated GF Value™ of €64.01.
GuruFocus considers Newmont to be Modestly Overvalued.
Key valuation signals for WBO:NEWM:
Net Margin %: 44.64% (527% above median its 10-year median of 7.12)
GF Value™: €64.01 vs. price of €82.96 (29.6% above fair value)
Industry Position: 1209.1% above the Metals & Mining median (#103 of 843)
No single metric tells the full story. See the WBO:NEWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. The company is expected to sell roughly 5.3 million ounces of gold in 2026 from its continuing mines after selling six higher-cost, smaller mines following the Newcrest acquisition. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves, along with significant byproduct reserves at the end of December 2025.
85GF Score
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