Stock research

Newmont Corporation (NEM) Stock Research

Newmont is the world's largest gold-mining company, with operations spread across the Americas, Africa, and Australia.

For the fiscal year ended December 31, 2025, Newmont Corporation reported revenue of $22.7B and net income of $7.1B, with operating cash flow of $10.3B. Source: Form 10-K filed February 19, 2026

SEC data as of

Revenue
$22.7B
FY ending 2025-12-31
Net income
$7.1B
FY ending 2025-12-31
Diluted EPS
$6.39
Net margin
31.3%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Newmont

Its earnings move with gold prices, which often rise during periods of economic uncertainty.

Exchange
NYSE: NEM
Sector
Materials
SEC industry
Gold and Silver Ores (SIC 1040)
Fiscal year end
December 31
Headquarters
Denver, Colorado
Founded
1921

NEM key financials

Reported figures from Newmont Corporation's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$22.7B2025-01-01 – 2025-12-31SEC filing
Net income$7.1B2025-01-01 – 2025-12-31SEC filing
Operating cash flow$10.3B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$6.392025-01-01 – 2025-12-31SEC filing
Net margin31.3%2025-01-01 – 2025-12-31SEC filing
Shares outstanding1.09BAs of 2026-02-12SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in NEM

Newmont Corporation sits in Materials. Miners, chemicals, and building materials — an early-cycle, China-sensitive read on global industrial demand. We have not yet written company-specific drivers for NEM; the forces that matter most for the sector are:

  • ◆Chinese industrial and construction demand
  • ◆The US dollar and commodity prices
  • ◆Energy-transition metals like copper and lithium
  • ◆Tariffs and global trade flows

Key questions for the NEM thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does NEM's reported profit turn into cash?

Operating cash flow was $10.3B, 1.46 times net income of $7.1B, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 19, 2026

How much of NEM's revenue is left as profit?

Net income was 31.3% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 19, 2026

Members-only research

Our members-only research on NEM

The thesis, the numbers behind it, and what would break it. Full access is $39 a month.

Read the full research

Congressional trading in NEM

PoliticianTrade dateTypeOwnerAmountSource
Alan Armstrong2026-03-27PurchaseSelf$1,001 - $15,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
Valerie Hoyle2025-09-23SaleSpouse$1,001 - $15,000Filing #20032211
Adam Smith2025-08-08SaleSpouse$1,001 - $15,000Filing #20030868
Lisa McClain2025-07-16SaleSpouse$1,001 - $15,000Filing #20030891
Lisa McClain2025-06-17PurchaseSpouse$1,001 - $15,000Filing #20030891
Jefferson Shreve2025-05-12SaleSelf$15,001 - $50,000Filing #20030387
Robert Bresnahan2025-04-08PurchaseSelf$1,001 - $15,000Filing #20030291
Jefferson Shreve2025-03-13PurchaseSelf$15,001 - $50,000Filing #20029038

All verified NEM congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

NEM — frequently asked questions

What does Newmont Corporation do?

Newmont is the world's largest gold-mining company, with operations spread across the Americas, Africa, and Australia.

What were NEM's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, Newmont Corporation reported revenue of $22.7B and net income of $7.1B, with operating cash flow of $10.3B. The figures come from Newmont Corporation's SEC XBRL filings.

When does Newmont Corporation's fiscal year end?

The SEC lists Newmont Corporation's fiscal year end as December 31.

Do members of Congress trade NEM?

The current verified House and Senate snapshot contains 8 transaction rows for NEM, each linked to the original filing.

Where is Newmont Corporation headquartered?

Newmont Corporation is headquartered in Denver, Colorado and was founded in 1921.

Is NEM a good investment?

This page does not rate NEM as a buy or sell. It sets out what Newmont Corporation reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the NEM numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

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