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

Newmont (TSX:NGT) 3-Year Revenue Growth Rate

: -0.50% (As of Dec. 2023)
View and export this data going back to 2019. Start your Free Trial

Newmont's Revenue per Share for the three months ended in Dec. 2023 was C$5.42.

During the past 12 months, Newmont's average Revenue per Share Growth Rate was -6.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -0.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 0.40% 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 Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Newmont was 16.80% per year. The lowest was -16.10% per year. And the median was 2.60% per year.


Competitive Comparison

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

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

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



Newmont 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue 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 Revenue per Share growth rate.


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

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


Newmont 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Newmont's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Newmont (TSX:NGT) Business Description

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

Newmont (TSX:NGT) Headlines

No Headlines