Is Newmont (NEM) overvalued or fairly valued?

MarketChacha shows Newmont's valuation in context — a trailing P/E of about 13.6, a forward P/E of about 11.6, a price-to-book of about 3.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Newmont's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.45×) from reported figures — education, not a rating.

What is Newmont's revenue?

Newmont reported revenue of $22.7B for FY2025, with net profit of $7.1B, per official filings.

What is the share price of Newmont (NEM)?

Newmont last traded at $116.81 (-1.0% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Newmont

NEM · NYSE · Materials · United States

Snapshot

TickerNEM

ExchangeNYSE

SectorMaterials

IndustryGold

CountryUnited States

Employees17,500

HeadquartersDenver, United States

Websitewww.newmont.com

Filings tracked14

About Newmont

Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.

Who owns it

Insiders0.3%
Institutions81.8%
Public & other17.9%

2,578 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.11.47%
Vanguard Capital Management LLC6.61%
State Street Corporation4.97%
Vanguard Portfolio Management LLC3.66%
Van Eck Associates Corporation3.05%
Geode Capital Management, LLC2.66%
FMR, LLC1.89%
Invesco Ltd.1.66%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.45×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend-21.1% → 31.3%

Margin has expanded by about 52.4 points — the business is getting more profitable.

Return on equity20.9%

Latest ROE of 20.9% — capital is generating a healthy return.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $6.6B · EPS 2.11

Est. earnings growth -16.1%

Next fiscal year

Rev $28.3B · EPS 10.14

Est. earnings growth +10.8%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$22.7B

Net margin

31.3%

ROE

20.9%

Revenue CAGR (2y)

+38.5%

EPS (FY2025)

6.39

Net profit (FY2025)

$7.1B

Ask MarketChacha about NEM

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$22.7B	$7.1B	6.39	31.3%	20.9%
FY2024	$18.7B	$3.3B	2.92	17.9%	11.2%
FY2023	$11.8B	$-2.5B	-2.97	-21.1%	-8.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$6.1B	$2.2B	2.06	36.0%
2026Q1	$7.3B	$3.3B	3.00	44.6%
2025Q3	$5.5B	$1.8B	1.67	33.2%
2025Q2	$5.3B	$2.1B	1.85	38.8%
2025Q1	$5.0B	$1.9B	1.68	37.7%
2024Q3	$4.6B	$922.0M	0.80	20.0%
2024Q2	$4.4B	$853.0M	0.74	19.4%
2024Q1	$4.0B	$170.0M	0.15	4.2%
2023Q3	$2.5B	$158.0M	0.20	6.3%
2023Q2	$2.7B	$155.0M	0.19	5.8%
2023Q1	$2.7B	$351.0M	0.44	13.1%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Executive/director change
SEC8/20/2026material
8-K — Material agreement, Reg FD disclosure, Exhibits
SEC8/13/2026material
8-K — Results of operations, Exhibits
SEC7/23/2026material
10-Q filing
SEC7/23/2026
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC6/15/2026material
8-K — Shareholder vote results
SEC5/13/2026material
8-K — Executive/director change
SEC4/28/2026material
8-K — Results of operations, Exhibits
SEC4/23/2026material
10-Q filing
SEC4/23/2026
8-K — Results of operations, Exhibits
SEC2/19/2026material
10-K filing
SEC2/19/2026

2025

8-K — Results of operations, Exhibits
SEC10/23/2025material
10-Q filing
SEC10/23/2025
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC9/29/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.