Newmont Goldcorp Corp (NEM)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -1,197,000 | 159,000 | 305,000 | 654,000 | 1,041,000 | 3,543,000 | 3,999,000 | 4,385,000 | 4,494,000 | 5,542,000 | 5,840,000 | 5,307,000 | 6,764,000 | 6,062,000 | 6,851,000 | 7,735,000 | 6,347,000 | 6,108,000 | 4,582,000 | 4,235,000 |
| Revenue (ttm) | US$ in thousands | 11,635,000 | 10,897,000 | 11,038,000 | 11,451,000 | 11,807,000 | 12,044,000 | 12,312,000 | 12,300,000 | 12,171,000 | 12,135,000 | 12,371,000 | 11,608,000 | 11,286,000 | 10,998,000 | 10,564,000 | 10,515,000 | 9,743,000 | 8,824,000 | 7,852,000 | 7,267,000 |
| Operating profit margin | -10.29% | 1.46% | 2.76% | 5.71% | 8.82% | 29.42% | 32.48% | 35.65% | 36.92% | 45.67% | 47.21% | 45.72% | 59.93% | 55.12% | 64.85% | 73.56% | 65.14% | 69.22% | 58.35% | 58.28% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-1,197,000K ÷ $11,635,000K
= -10.29%
Newmont Corp's operating profit margin has shown fluctuations over the past eight quarters. The operating profit margins for Q4 2023, Q3 2023, and Q2 2023 were 5.99%, 9.93%, and 10.08% respectively, indicating a downward trend compared to the previous quarters. The decline in operating profit margins during these periods could suggest either a decrease in revenues or an increase in operating expenses, impacting the company's profitability.
Furthermore, the operating profit margins for Q1 2023, Q4 2022, Q3 2022, and Q2 2022 were 11.10%, 13.47%, 9.17%, and 11.95% respectively. These figures showcase fluctuations in the operating profit margin, indicating potential shifts in the company's operational efficiency and cost management strategies over the past year.
Overall, Newmont Corp's operating profit margin has varied significantly over the analyzed periods, potentially reflecting changing market conditions, operational challenges, or strategic decisions implemented by the company. Further analysis of the underlying factors affecting the operating profit margin would be necessary to gain a comprehensive understanding of Newmont Corp's financial performance.
See also:
Newmont Goldcorp Corp Operating Profit Margin (Quarterly Data)