Newmont Goldcorp Corp (NEM)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 6,503,000 | 4,918,000 | 4,107,000 | 3,359,000 | 3,005,000 | 2,881,000 | 2,820,000 | 2,895,000 | 3,200,000 | 977,000 | 1,354,000 | 1,848,000 | 1,879,000 | 4,664,000 | 5,015,000 | 4,571,000 | 4,183,000 | 3,667,000 | 3,131,000 | 2,756,000 |
| Revenue (ttm) | US$ in thousands | 18,636,000 | 16,869,000 | 14,762,000 | 13,134,000 | 11,812,000 | 11,055,000 | 11,196,000 | 11,571,000 | 11,915,000 | 12,105,000 | 12,366,000 | 12,373,000 | 12,222,000 | 12,213,000 | 12,488,000 | 11,788,000 | 11,497,000 | 11,083,000 | 10,626,000 | 10,518,000 |
| Gross profit margin | 34.89% | 29.15% | 27.82% | 25.57% | 25.44% | 26.06% | 25.19% | 25.02% | 26.86% | 8.07% | 10.95% | 14.94% | 15.37% | 38.19% | 40.16% | 38.78% | 36.38% | 33.09% | 29.47% | 26.20% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,503,000K ÷ $18,636,000K
= 34.89%
The gross profit margin of Newmont Goldcorp Corp has displayed fluctuations over the given time period. The margin started at 26.20% in March 2020, increased to 40.16% by June 2021, and then began to decline. The margin decreased significantly to 10.95% in June 2022, indicating a potential decrease in profitability.
Subsequently, there was a recovery as the margin increased to 34.89% by December 2024. This indicates improved profitability compared to the low point in mid-2022. The trend shows some volatility, with periods of both growth and decline in the gross profit margin.
It is important to analyze the factors that influenced these fluctuations to understand the company's performance better and assess its ability to generate profits from its core operations.