Stock Analysis on Net

Newmont Corp. (NYSE:NEM)

$22.49

This company has been moved to the archive! The financial data has not been updated since April 29, 2024.

Net Profit Margin
since 2005

Microsoft Excel

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Calculation

Newmont Corp., net profit margin, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions


The financial data indicates considerable volatility in profitability over the examined periods. Net income attributable to stockholders exhibits notable fluctuations, with several years recording losses, particularly in 2007, 2013, 2016, 2017, 2022, and 2023. These negative results contrast with periods of strong income generation, such as 2010, 2015, 2019, and 2020, highlighting an inconsistent profit trend.

Sales figures show a generally upward trajectory from 2005 through 2021, increasing from 4,406 million US dollars to peak at 12,222 million US dollars in 2021. This suggests sustained revenue growth during this timeframe. However, after 2021, sales show a slight decline, dropping to 11,815 million US dollars by 2023, indicating some recent challenges in sales volume or market demand.

The net profit margin further illustrates the variability in financial performance. Margins started modestly at 7.31% in 2005, peaked substantially at 28.8% in 2019, and generally maintained strong profitability between 2009 and 2021. Notably, there were significant negative margins in 2007, 2013, 2016, 2017, 2022, and 2023, consistent with the loss-making years, reflecting operational or market difficulties affecting profitability. The margin’s sharp swings emphasize the company's sensitivity to external factors or internal operational efficiency over time.

Overall, the data portrays a company with rising sales but facing volatile profitability. While growth in sales contributed positively in many years, intermittent losses and negative margins suggest exposure to risks impacting earnings consistency. The recent downward trends in both net income and profit margin warrant attention toward potential underlying causes and the implementation of strategies to stabilize and enhance profitability moving forward.


Comparison to Competitors


Comparison to Industry (Materials)