cash flow reconciliationreview2025-06-30
Operating, investing and financing flows differ from the reported change in cash by 160000000, beyond tolerance 23840000.00.
Revenue
$6.36B
Fiscal year ended 2026-09-30Operating income
Unavailable
Fiscal year ended 2026-09-30Free cash flow
Unavailable
Fiscal year ended 2026-09-30Valuation, from the filing
| Public float | $64.11B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $58.93 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 9.0× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 2.8× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.9× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
9.0× earnings today, against a median of 15.9× across 6 years on record. Below its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $64.11B | 9.0× | |
| 2024-06-30 | $48.15B | 14.4× | |
| 2021-06-30 | $50.63B | 43.4× | |
| 2020-06-30 | $49.52B | 17.5× | |
| 2019-06-30 | $31.45B | 11.2× | |
| 2018-06-30 | $20.05B | 58.8× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Gold and Silver Ores filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Effective tax rate | 40.5% | 100th | |
| Net margin | 31.3% | 88th | |
| Revenue YoY growth | 21.3% | 67th | |
| Current ratio | 2.29x | 48th |
NEWMONT Corp /DE/ (NEM) reported revenue of $6.36B and net income of $2.48B for the fiscal year ended 2026-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from NEWMONT Corp /DE/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Gold and Silver Ores.
Income
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.36B | $6.12B | $7.31B | $6.82B | $5.52B | $5.32B | $5.01B | $5.65B | $4.60B | $4.40B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $2.48B | $2.20B | $3.26B | $1.30B | $1.83B | $2.06B | $1.89B | $1.40B | $922.00M | $853.00M |
| Research & development | $58.00M | $47.00M | $45.00M | $43.00M | $40.00M | $40.00M | $43.00M | $48.00M | $47.00M | $49.00M |
| Weighted-average diluted shares | shares 1.05B | shares 1.07B | shares 1.09B | Unavailable | shares 1.10B | shares 1.11B | shares 1.13B | Unavailable | shares 1.15B | shares 1.16B |
| Pretax income | $3.21B | $3.00B | $4.58B | $3.25B | $2.51B | $3.12B | $2.47B | $2.05B | $1.06B | $1.04B |
| Income tax expense | $839.00M | $952.00M | $1.40B | $2.07B | $787.00M | $1.09B | $647.00M | $702.00M | $244.00M | $191.00M |
| Diluted EPS | $2.35 | $2.06 | $3.00 | Unavailable | $1.67 | $1.85 | $1.68 | Unavailable | $0.80 | $0.74 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $82.00M | $74.00M | $79.00M | $91.00M | $86.00M | $95.00M | $110.00M | $128.00M | $113.00M | $100.00M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $8.83B | $9.01B | $8.78B | $7.65B | $5.64B | $6.18B | $4.70B | $3.62B | $3.02B | $2.60B |
| Total assets | $58.18B | $57.64B | $57.67B | $57.12B | $54.69B | $55.16B | $55.52B | $56.35B | $56.18B | $55.68B |
| Current assets | $13.57B | $13.31B | $13.51B | $13.07B | $10.37B | $10.40B | $10.74B | $12.28B | $12.58B | $12.07B |
| Total liabilities | $22.33B | $22.23B | $22.57B | $23.08B | $21.28B | $22.88B | $24.09B | $26.24B | $26.28B | $26.12B |
| Current liabilities | $5.54B | $5.23B | $5.53B | $5.71B | $5.09B | $4.67B | $5.43B | $7.54B | $6.41B | $5.73B |
| Total equity incl. NCI | $35.85B | $35.41B | $35.10B | $34.04B | $33.41B | $32.29B | $31.43B | $30.11B | $29.90B | $29.56B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $952.00M | $686.00M | $1.14B | $1.07B | $1.05B | $637.00M | $887.00M | $1.06B | $974.00M | $955.00M |
| Goodwill | $2.66B | $2.66B | $2.66B | $2.66B | $2.66B | $2.66B | $2.66B | $2.66B | $2.72B | $2.79B |
| Long-term debt | $5.09B | $5.08B | $5.08B | $5.12B | $5.18B | $7.13B | $7.51B | $7.55B | $8.55B | $8.69B |
| Accounts payable | $879.00M | $906.00M | $828.00M | $816.00M | $832.00M | $742.00M | $771.00M | $843.00M | $772.00M | $683.00M |
Cash flow
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.77B | $2.92B | $3.78B | $3.62B | $2.30B | $2.38B | $2.03B | $2.51B | $1.65B | $1.43B |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$817.00M | -$731.00M | -$302.00M | -$780.00M | -$31.00M | $679.00M | $738.00M | -$701.00M | -$562.00M | -$641.00M |
| Financing cash flow | -$2.11B | -$1.94B | -$2.36B | -$833.00M | -$2.80B | -$1.74B | -$1.66B | -$1.21B | -$789.00M | -$658.00M |
| Net change in cash | -$167.00M | $232.00M | $1.13B | $2.01B | -$546.00M | $1.49B | $1.08B | $600.00M | $414.00M | $255.00M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | $272.00M | $277.00M | $282.00M | $272.00M | $273.00M | $279.00M | $282.00M | $282.00M | $286.00M | $289.00M |
| Common share repurchases | $1.78B | $1.57B | $1.90B | $428.00M | $516.00M | $1.01B | $348.00M | $798.00M | $344.00M | $104.00M |
| Depreciation & amortization | $632.00M | $604.00M | $632.00M | $665.00M | $643.00M | $620.00M | $593.00M | $689.00M | $631.00M | $602.00M |
Derived
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 2.45x | 2.55x | 2.44x | 2.29x | 2.04x | 2.23x | 1.98x | 1.63x | 1.96x | 2.11x |
| Revenue YoY growth | 15.2% | 15.1% | 45.8% | 20.6% | 20.0% | 20.8% | 24.5% | 42.8% | 84.7% | 64.1% |
| Net margin | 38.9% | 36.0% | 44.6% | 19.1% | 33.2% | 38.8% | 37.7% | 24.8% | 20.0% | 19.4% |
| R&D / revenue | 0.9% | 0.8% | 0.6% | 0.6% | 0.7% | 0.8% | 0.9% | 0.8% | 1.0% | 1.1% |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.14x | Unavailable | Unavailable | 0.15x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 26.1% | 31.7% | 30.6% | 63.8% | 31.4% | 35.0% | 26.2% | 34.2% | 23.0% | 18.4% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NEM in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-10-22View SEC filing
10-Q · Filed 2026-07-23View SEC filing
10-Q · Filed 2026-04-23View SEC filing
10-K · Filed 2026-02-19View SEC filing
10-Q · Filed 2025-10-23View SEC filing
10-Q · Filed 2025-07-24View SEC filing
Reconciliation checks needing review
5 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
cash flow reconciliationreview2025-03-31
Operating, investing and financing flows differ from the reported change in cash by 22000000, beyond tolerance 20310000.00.
cash flow reconciliationreview2024-09-30
Operating, investing and financing flows differ from the reported change in cash by 118000000, beyond tolerance 16480000.00.
cash flow reconciliationreview2024-06-30
Operating, investing and financing flows differ from the reported change in cash by 137000000, beyond tolerance 14280000.00.
cash flow reconciliationreview2024-03-31
Operating, investing and financing flows differ from the reported change in cash by 395000000, beyond tolerance 7980000.00.