Newmont Goldcorp Corp (NEM)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 20.08% | 23.53% | 23.70% | 25.37% | 28.26% | 39.54% | 42.30% | 45.68% | 46.66% | 51.92% | 53.68% | 52.60% | 62.26% | 55.77% | 48.11% | 40.73% | 23.66% | 23.41% | 22.36% | 24.85% |
| 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% |
| Pretax margin | -16.91% | -2.31% | -1.58% | -0.63% | 0.22% | 13.66% | 12.68% | 17.33% | 18.60% | 25.48% | 32.42% | 30.39% | 31.30% | 28.60% | 44.84% | 40.17% | 37.33% | 36.32% | 4.16% | 8.83% |
| Net profit margin | -21.44% | -7.46% | -6.87% | -4.59% | -3.63% | 8.32% | 6.43% | 8.58% | 9.58% | 16.78% | 23.22% | 22.11% | 25.07% | 23.37% | 37.00% | 33.67% | 28.79% | 25.41% | -1.03% | 3.25% |
Newmont Corp's gross profit margin has shown a slight decline over the past eight quarters, starting at 45.72% in Q4 2022 and decreasing to 43.29% in Q4 2023. This indicates that the company's profitability from its core operations has decreased slightly.
The operating profit margin has fluctuated over the same period, with the highest margin of 15.57% in Q1 2022 and the lowest margin of 5.99% in Q4 2023. This suggests that Newmont Corp's ability to generate profit from its operations has also been somewhat inconsistent.
The pretax margin has been negative in the last four quarters, indicating that the company incurred losses before taking into account taxes. The largest decline was from a positive 9.28% in Q1 2022 to a negative 16.66% in Q4 2023, signifying deteriorating financial performance.
Similarly, the net profit margin has also been negative in the last four quarters, reflecting losses after all expenses including taxes have been accounted for. The most significant decline in net profit margin occurred from 8.53% in Q1 2022 to -21.11% in Q4 2023, highlighting a substantial decrease in profitability.
Overall, Newmont Corp's profitability ratios have shown a downward trend, with decreasing margins across all key metrics over the past eight quarters. This suggests potential challenges in maintaining profitability and efficiency in the company's operations.
Return on investment
| 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 return on assets (Operating ROA) | -2.16% | 0.42% | 0.80% | 1.70% | 2.71% | 9.05% | 10.08% | 10.99% | 11.08% | 13.90% | 14.36% | 12.92% | 16.35% | 14.95% | 17.18% | 19.48% | 15.88% | 14.98% | 12.39% | 20.28% |
| Return on assets (ROA) | -4.49% | -2.13% | -1.99% | -1.37% | -1.11% | 2.56% | 2.00% | 2.64% | 2.87% | 5.11% | 7.06% | 6.25% | 6.84% | 6.34% | 9.80% | 8.92% | 7.02% | 5.50% | -0.22% | 1.13% |
| Return on total capital | -3.33% | 0.65% | 1.23% | 2.62% | 4.18% | 13.23% | 14.82% | 16.23% | 16.29% | 20.01% | 20.69% | 18.88% | 23.74% | 21.36% | 26.35% | 29.19% | 24.45% | 23.75% | 18.45% | 30.43% |
| Return on equity (ROE) | -8.59% | -4.26% | -3.94% | -2.71% | -2.22% | 4.72% | 3.70% | 4.92% | 5.29% | 8.96% | 12.36% | 11.10% | 12.30% | 11.34% | 17.76% | 16.23% | 13.10% | 10.46% | -0.42% | 2.25% |
Newmont Corp's profitability ratios demonstrate fluctuations over the past eight quarters.
The operating return on assets (Operating ROA) has ranged from 1.28% to 4.83%, showing a downward trend from Q4 2022 to Q1 2023. This ratio indicates how efficiently the company is generating profits from its assets before interest and taxes.
The return on assets (ROA) has been negative in all quarters except for Q4 2022 and Q3 2022. This suggests that the company has struggled to generate a positive return relative to its total assets.
The return on total capital has varied between 2.00% and 7.53%, also reflecting a decline from Q4 2022 to Q1 2023. This ratio measures the profitability of the company from all capital sources, including debt and equity.
The return on equity (ROE) has shown a similar pattern to ROA, with negative values in all quarters except for Q4 2022 and Q3 2022. ROE indicates how effectively the company is utilizing shareholders' equity to generate profits.
Overall, Newmont Corp's profitability ratios suggest a mixed performance, with challenges in generating positive returns on assets and equity. Further analysis of the company's operational efficiency and financial management practices may be warranted to improve profitability in the future.