Newmont Goldcorp Corp (NEM)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,348,000 | -1,213,000 | -1,977,000 | -2,675,000 | -2,494,000 | -831,000 | -776,000 | -544,000 | -447,000 | 284,000 | 74,000 | 337,000 | 448,000 | 2,036,000 | 2,872,000 | 2,566,000 | 2,829,000 | 2,570,000 | 3,909,000 | 3,540,000 |
| 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 |
| Net profit margin | 17.97% | -7.19% | -13.39% | -20.37% | -21.11% | -7.52% | -6.93% | -4.70% | -3.75% | 2.35% | 0.60% | 2.72% | 3.67% | 16.67% | 23.00% | 21.77% | 24.61% | 23.19% | 36.79% | 33.66% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,348,000K ÷ $18,636,000K
= 17.97%
The net profit margin of Newmont Goldcorp Corp has shown fluctuations over the period from March 31, 2020, to December 31, 2024. Initially, the net profit margin exhibited a positive trend starting from 33.66% in March 2020, reaching a peak of 36.79% in June 2020. However, there was a noticeable decline in the net profit margin in the subsequent quarters, with values dropping to 21.77% by March 31, 2021.
This downward trend continued, and by December 31, 2021, the net profit margin had decreased significantly to 3.67%. The company faced further challenges, resulting in negative net profit margins in the following quarters up to June 30, 2024. The lowest net profit margin was recorded at -21.11% in December 31, 2023.
The company's performance started to improve in the subsequent periods, with the net profit margin turning positive again and reaching 17.97% by December 31, 2024. This indicates a rebound in profitability for Newmont Goldcorp Corp towards the end of the period under consideration.