Newmont Goldcorp Corp (NEM)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 31.06% | 17.56% | 13.22% | 8.57% | 5.99% | 10.14% | 10.58% | 11.57% | 12.72% | 6.70% | 9.28% | 12.90% | 14.74% | 29.24% | 31.93% | 28.79% | 26.00% | 23.22% | 18.63% | 16.27% |
| Pretax margin | 24.56% | -3.43% | -9.52% | -16.31% | -17.19% | -2.82% | -2.22% | -1.21% | -0.43% | 6.82% | 3.70% | 8.03% | 9.07% | 20.87% | 28.03% | 26.36% | 27.34% | 25.53% | 44.49% | 39.90% |
| 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% |
The profitability ratios of Newmont Goldcorp Corp have shown fluctuating trends over the years. The gross profit margin has varied from a low of 8.07% in September 30, 2022, to a high of 40.16% in June 30, 2021. The operating profit margin followed a similar pattern, with a low of 5.99% in December 31, 2023, and a peak of 31.06% in December 31, 2024.
The pretax margin indicates the company's profitability before taxes, showing significant volatility. It ranged from -17.19% in December 31, 2023, to a positive 44.49% in June 30, 2020.
The net profit margin, which represents the company's profitability after all expenses, also exhibited wide fluctuations. It hit a low of -21.11% in December 31, 2023, and reached a high of 36.79% in June 30, 2020.
Overall, the profitability ratios of Newmont Goldcorp Corp have been inconsistent, reflecting the impact of various factors on the company's financial performance over the years.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.27% | 5.27% | 3.51% | 2.03% | 1.28% | 2.94% | 3.10% | 3.49% | 3.94% | 2.07% | 2.89% | 4.00% | 4.44% | 8.96% | 9.80% | 8.27% | 7.23% | 6.35% | 4.96% | 4.31% |
| Return on assets (ROA) | 5.94% | -2.16% | -3.55% | -4.83% | -4.49% | -2.18% | -2.03% | -1.42% | -1.16% | 0.73% | 0.19% | 0.84% | 1.10% | 5.11% | 7.06% | 6.25% | 6.84% | 6.34% | 9.80% | 8.92% |
| Return on total capital | 16.43% | -0.73% | -3.68% | -6.48% | -6.16% | -0.51% | -0.48% | 0.12% | 0.57% | 1.46% | 0.11% | 2.66% | 3.18% | 12.49% | 16.33% | 14.22% | 14.48% | 13.36% | 22.40% | 20.74% |
| Return on equity (ROE) | 11.19% | -4.08% | -6.73% | -9.26% | -8.59% | -4.36% | -4.04% | -2.81% | -2.31% | 1.34% | 0.35% | 1.57% | 2.03% | 8.96% | 12.36% | 11.10% | 12.30% | 11.34% | 17.76% | 16.23% |
Newmont Goldcorp Corp's profitability ratios have shown varied trends over the past few years.
- Operating return on assets (Operating ROA) increased steadily from 4.31% in March 2020 to a peak of 9.80% in June 2021, but then fluctuated and declined to 1.28% by December 2023, before recovering slightly to 5.27% in September 2024. This ratio indicates the company's operating income generated per dollar of assets.
- Return on assets (ROA) followed a similar pattern, starting at 8.92% in March 2020, peaking at 9.80% in June 2020, and then declining into negative territory from December 2022 to June 2024. This ratio measures the company's overall profitability relative to its total assets.
- Return on total capital also exhibited a declining trend, fluctuating between positive and negative values, with a notable decline from 14.22% in March 2021 to -6.48% in March 2024, before improving to 16.43% in December 2024. This ratio reflects the company's ability to generate profits from its total capital base.
- Return on equity (ROE) showed a similar trend of decreasing profitability, with values ranging from 16.23% in March 2020 to -9.26% in June 2024, before rebounding to 11.19% in December 2024. ROE indicates the return generated on shareholders' equity investment.
Overall, the profitability ratios of Newmont Goldcorp Corp reflect fluctuating performance, with periods of growth followed by declines. The company may need to address factors affecting profitability to sustain or improve its financial performance in the future.