Newmont (FRA:NMM) Net Margin %

: -79.81% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Newmont's Net Income for the three months ended in Dec. 2023 was €-2,896 Mil. Newmont's Revenue for the three months ended in Dec. 2023 was €3,629 Mil. Therefore, Newmont's net margin for the quarter that ended in Dec. 2023 was -79.81%.

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

FRA:NMM' s Net Margin % Range Over the Past 10 Years
Min: -21.11 Med: 4.16 Max: 28.8
Current: -21.11

FRA:NMM's Net Margin % is ranked worse than
65.19% of 859 companies
in the Metals & Mining industry
Industry Median: 0.37 vs FRA:NMM: -21.11

Newmont Net Margin % Historical Data

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.

* Premium members only.

Newmont Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

28.80

24.61

9.54

-3.60

-21.11

Newmont Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																-46.16	13.10	5.78	6.34	-79.81

Competitive 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 % Distribution

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.

Newmont 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.

Newmont's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-2286.998	/	10831.604
	=	-21.11 %

Newmont's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-2895.886	/	3628.569
	=	-79.81 %

Newmont (FRA:NMM) 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

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

Newmont (FRA:NMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (FRA:NMM) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

NEM:USA NEM:Peru NEM:Mexico NEM_KZ:Kazakhstan 1NEM:Italy 0R28:UK NMM:Germany NEM:Chile NGT:Canada 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.