Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Newmont.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.56B | $11.81B | $11.91B | $12.22B | $11.50B | $9.74B | $7.25B | $7.38B | $6.71B | $7.73B |
| Cost of Revenue | $12.13B | $8.81B | $8.65B | $7.76B | $7.31B | $7.16B | $5.31B | $5.32B | $4.99B | $5.55B |
| Gross Profit | $6.42B | $3.00B | $3.26B | $4.46B | $4.18B | $2.58B | $1.95B | $2.06B | $1.72B | $2.18B |
| Gross Profit Ratio | 34.60% | 25.40% | 27.00% | 36.50% | 36.00% | 27.00% | 27.00% | 28.00% | 26.00% | 28.00% |
| Research and Development Expenses | $197.00M | $200.00M | $229.00M | $154.00M | $122.00M | $150.00M | $153.00M | $143.00M | $134.00M | $133.00M |
| General and Administrative Expenses | $442.00M | $299.00M | $276.00M | $259.00M | $269.00M | $313.00M | $244.00M | $237.00M | $233.00M | $183.00M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $442.00M | $299.00M | $276.00M | $259.00M | $269.00M | $313.00M | $244.00M | $237.00M | $233.00M | $183.00M |
| Other Expenses | $-37.00M | $1.80B | $1.15B | $2.06B | $731.00M | $545.00M | $126.00M | $2.00M | $11.00M | $-93.00M |
| Operating Expenses | $676.00M | $2.30B | $1.66B | $2.48B | $1.12B | $1.01B | $757.00M | $751.00M | $694.00M | $738.00M |
| Cost and Expenses | $12.81B | $11.10B | $10.31B | $10.23B | $8.44B | $8.16B | $6.07B | $6.07B | $5.69B | $6.29B |
| Interest Income | $152.00M | $148.00M | $78.00M | $18.00M | $24.00M | $57.00M | $56.00M | $28.00M | $11.00M | $34.00M |
| Interest Expense | $385.00M | $243.00M | $227.00M | $274.00M | $308.00M | $301.00M | $207.00M | $241.00M | $273.00M | $325.00M |
| Depreciation and Amortization | $2.90B | $2.11B | $3.11B | $4.17B | $2.67B | $2.24B | $1.38B | $1.45B | $1.40B | $1.24B |
| EBITDA | $7.87B | $320.00M | $3.28B | $5.54B | $6.10B | $6.25B | $2.31B | $2.60B | $1.43B | $1.69B |
| EBITDA Ratio | 61.33% | 15.73% | 30.60% | 33.25% | 44.56% | 61.18% | 34.87% | 35.18% | 33.62% | 33.46% |
| Operating Income | $5.75B | $708.00M | $1.46B | $1.74B | $2.82B | $4.00B | $1.19B | $1.32B | $1.02B | $1.30B |
| Operating Income Ratio | -0.95% | 5.99% | 12.26% | 14.24% | 24.55% | 41.06% | 16.38% | 17.96% | 15.24% | 16.83% |
| Total Other Income Expenses Net | $-1.17B | $-2.74B | $348.00M | $932.00M | $-90.00M | $-306.00M | $-450.00M | $-233.00M | $576.00M | $-676.00M |
| Income Before Tax | $4.58B | $-2.03B | $-51.00M | $1.11B | $3.14B | $3.69B | $738.00M | $1.07B | $-214.00M | $966.00M |
| Income Before Tax Ratio | 64.08% | -17.19% | -0.43% | 9.07% | 27.34% | 37.92% | 10.18% | 14.53% | -3.19% | 12.50% |
| Income Tax Expense | $1.40B | $526.00M | $455.00M | $1.10B | $704.00M | $832.00M | $386.00M | $1.13B | $563.00M | $644.00M |
| Net Income | $3.35B | $-2.49B | $-506.00M | $10.00M | $2.83B | $2.81B | $341.00M | $-114.00M | $-627.00M | $220.00M |
| Net Income Ratio | 0.46% | -21.34% | -4.25% | 0.08% | 24.61% | 28.80% | 4.70% | -1.54% | -9.34% | 2.85% |
| EPS | $2.92 | $-2.94 | $-0.64 | $0.01 | $3.52 | $3.82 | $0.64 | $-0.21 | $-1.18 | $0.43 |
| EPS Diluted | $2.92 | $-2.94 | $-0.64 | $0.01 | $3.51 | $3.81 | $0.64 | $-0.21 | $-1.18 | $0.43 |
| Weighted Average Shares Outstanding | 1.15B | 841.00M | 794.00M | 799.00M | 804.00M | 735.00M | 533.00M | 533.00M | 530.00M | 511.63M |
| Weighted Average Shares Outstanding Diluted | 1.15B | 841.00M | 795.00M | 801.00M | 806.00M | 737.00M | 535.00M | 535.00M | 531.36M | 511.63M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $3.62B | $3.00B | $2.88B | $4.99B | $5.54B | $2.24B | $3.40B | $3.26B | $2.76B | $2.78B |
| Short Term Investments | $21.00M | $23.00M | $880.00M | $82.00M | $290.00M | $237.00M | $48.00M | $62.00M | $56.00M | $19.00M |
| Cash and Short Term Investments | $3.64B | $3.02B | $3.76B | $5.07B | $5.83B | $2.48B | $3.44B | $3.32B | $2.81B | $2.80B |
| Net Receivables | $1.06B | $1.23B | $366.00M | $337.00M | $449.00M | $373.00M | $346.00M | $237.00M | $343.00M | $215.00M |
| Inventory | $2.18B | $2.64B | $1.75B | $1.79B | $1.79B | $1.83B | $1.33B | $1.35B | $1.38B | $1.61B |
| Other Current Assets | $5.39B | $618.00M | $639.00M | $498.00M | $436.00M | $1.59B | $159.00M | $153.00M | $142.00M | $1.04B |
| Total Current Assets | $12.28B | $7.51B | $6.51B | $7.70B | $8.51B | $6.27B | $5.28B | $5.07B | $4.68B | $4.98B |
| Property Plant Equipment Net | $33.55B | $37.56B | $24.07B | $24.12B | $24.28B | $25.28B | $12.26B | $12.34B | $12.48B | $14.30B |
| Goodwill | $2.66B | $3.00B | $1.97B | $2.77B | $2.77B | $2.67B | $58.00M | $- | $- | $58.00M |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $94.00M |
| Goodwill and Intangible Assets | $2.66B | $3.00B | $1.97B | $2.77B | $2.77B | $2.67B | $58.00M | $- | $- | $152.00M |
| Long Term Investments | $4.66B | $4.14B | $3.28B | $3.24B | $3.20B | $3.20B | $271.00M | $280.00M | $227.00M | $402.00M |
| Tax Assets | $124.00M | $268.00M | $173.00M | $269.00M | $337.00M | $549.00M | $401.00M | $549.00M | $1.33B | $1.72B |
| Other Non-Current Assets | $3.09B | $3.02B | $2.47B | $2.46B | $2.28B | $2.00B | $2.45B | $2.41B | $2.31B | $3.62B |
| Total Non-Current Assets | $44.07B | $47.99B | $31.97B | $32.87B | $32.86B | $33.70B | $15.44B | $15.58B | $16.35B | $20.20B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $56.35B | $55.51B | $38.48B | $40.56B | $41.37B | $39.97B | $20.71B | $20.65B | $21.03B | $25.18B |
| Account Payables | $843.00M | $960.00M | $633.00M | $518.00M | $493.00M | $539.00M | $303.00M | $375.00M | $320.00M | $315.00M |
| Short Term Debt | $1.03B | $2.04B | $96.00M | $193.00M | $780.00M | $128.00M | $653.00M | $4.00M | $571.00M | $9.00M |
| Tax Payables | $381.00M | $88.00M | $199.00M | $384.00M | $657.00M | $162.00M | $71.00M | $255.00M | $153.00M | $38.00M |
| Deferred Revenue | $- | $- | $173.00M | $770.00M | $1.04B | $523.00M | $376.00M | $920.00M | $457.00M | $331.00M |
| Other Current Liabilities | $5.29B | $2.91B | $2.00B | $1.56B | $1.44B | $1.56B | $760.00M | $764.00M | $706.00M | $1.05B |
| Total Current Liabilities | $7.54B | $6.00B | $2.93B | $2.65B | $3.37B | $2.38B | $1.79B | $1.40B | $1.75B | $1.42B |
| Long Term Debt | $7.94B | $7.40B | $6.04B | $6.11B | $6.04B | $6.78B | $3.61B | $4.06B | $4.05B | $5.85B |
| Deferred Revenue Non-Current | $99.00M | $106.00M | $94.00M | $6.28B | $4.31B | $3.91B | $2.88B | $2.78B | $2.44B | $2.24B |
| Deferred Tax Liabilities Non-Current | $2.82B | $2.99B | $1.81B | $2.14B | $2.07B | $2.41B | $612.00M | $595.00M | $592.00M | $840.00M |
| Other Non-Current Liabilities | $7.94B | $9.92B | $8.18B | $7.80B | $6.00B | $5.98B | $3.20B | $3.07B | $2.76B | $3.57B |
| Total Non-Current Liabilities | $18.70B | $20.30B | $16.02B | $16.05B | $14.12B | $15.17B | $7.42B | $7.73B | $7.41B | $9.47B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $26.24B | $26.30B | $18.95B | $18.70B | $17.49B | $17.56B | $9.20B | $9.13B | $9.16B | $10.89B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $1.81B | $1.85B | $1.28B | $1.28B | $1.29B | $1.30B | $855.00M | $853.00M | $849.00M | $847.00M |
| Retained Earnings | $-1.32B | $-3.00B | $916.00M | $3.10B | $4.00B | $2.29B | $383.00M | $410.00M | $716.00M | $1.41B |
| Accumulated Other Comprehensive Income Loss | $-95.00M | $14.00M | $29.00M | $-133.00M | $-216.00M | $-265.00M | $-284.00M | $-292.00M | $-334.00M | $-334.00M |
| Other Total Stockholders Equity | $29.71B | $30.16B | $17.13B | $17.78B | $17.93B | $18.10B | $9.55B | $9.56B | $9.49B | $9.43B |
| Total Stockholders Equity | $30.11B | $29.03B | $19.35B | $22.02B | $23.01B | $21.42B | $10.50B | $10.54B | $10.72B | $11.35B |
| Total Equity | $30.29B | $29.20B | $19.53B | $21.86B | $23.88B | $22.42B | $11.51B | $11.52B | $11.87B | $14.29B |
| Total Liabilities and Stockholders Equity | $56.35B | $55.51B | $38.48B | $40.56B | $41.37B | $39.97B | $20.71B | $20.65B | $21.03B | $25.18B |
| Minority Interest | $181.00M | $178.00M | $179.00M | $-161.00M | $871.00M | $997.00M | $1.01B | $984.00M | $1.15B | $2.94B |
| Total Liabilities and Total Equity | $56.35B | $55.51B | $38.48B | $40.56B | $41.37B | $39.97B | $20.71B | $20.65B | $21.03B | $25.18B |
| Total Investments | $4.49B | $4.17B | $4.16B | $3.33B | $3.49B | $3.44B | $319.00M | $342.00M | $283.00M | $421.00M |
| Total Debt | $8.97B | $9.44B | $6.13B | $6.30B | $6.70B | $6.83B | $4.26B | $4.07B | $4.62B | $6.24B |
| Net Debt | $5.35B | $6.43B | $3.25B | $1.31B | $1.16B | $4.59B | $864.00M | $806.00M | $1.86B | $3.45B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.38B | $-2.52B | $-399.00M | $233.00M | $2.79B | $2.88B | $380.00M | $-109.00M | $-923.00M | $304.00M |
| Depreciation and Amortization | $2.58B | $2.11B | $2.19B | $2.32B | $2.30B | $1.96B | $1.22B | $1.26B | $1.22B | $1.24B |
| Deferred Income Tax | $80.00M | $-104.00M | $-278.00M | $-109.00M | $-222.00M | $334.00M | $150.00M | $797.00M | $434.00M | $317.00M |
| Stock Based Compensation | $89.00M | $80.00M | $73.00M | $72.00M | $72.00M | $97.00M | $76.00M | $70.00M | $70.00M | $77.00M |
| Change in Working Capital | $-1.02B | $-513.00M | $-841.00M | $-541.00M | $295.00M | $-309.00M | $-743.00M | $-392.00M | $-490.00M | $-336.00M |
| Accounts Receivables | $- | $- | $5.00M | $-233.00M | $585.00M | $-219.00M | $-348.00M | $-120.00M | $-138.00M | $40.00M |
| Inventory | $- | $- | $-161.00M | $-136.00M | $-139.00M | $-132.00M | $-250.00M | $-204.00M | $-302.00M | $-270.00M |
| Accounts Payables | $-2.00M | $-42.00M | $102.00M | $-11.00M | $-50.00M | $144.00M | $-73.00M | $10.00M | $4.00M | $-39.00M |
| Other Working Capital | $-1.02B | $-471.00M | $-787.00M | $-161.00M | $-101.00M | $-102.00M | $-72.00M | $-198.00M | $-192.00M | $-27.00M |
| Other Non Cash Items | $1.26B | $3.71B | $2.48B | $2.30B | $-354.00M | $-2.10B | $749.00M | $497.00M | $2.48B | $544.00M |
| Net Cash Provided by Operating Activities | $6.36B | $2.76B | $3.22B | $4.28B | $4.88B | $2.87B | $1.83B | $2.12B | $2.79B | $2.15B |
| Investments in Property Plant and Equipment | $- | $-2.67B | $-2.13B | $-1.65B | $-1.30B | $-1.46B | $-1.03B | $-866.00M | $-1.13B | $-1.40B |
| Acquisitions Net | $-40.00M | $668.00M | $-147.00M | $-460.00M | $-2.00M | $259.00M | $-140.00M | $46.00M | $914.00M | $-823.00M |
| Purchases of Investments | $-66.00M | $-659.00M | $-940.00M | $-59.00M | $-37.00M | $-112.00M | $-39.00M | $-130.00M | $-46.00M | $- |
| Sales Maturities of Investments | $- | $1.63B | $264.00M | $194.00M | $307.00M | $67.00M | $18.00M | $35.00M | $195.00M | $29.00M |
| Other Investing Activities | $-2.60B | $22.00M | $-29.00M | $110.00M | $1.12B | $23.00M | $16.00M | $15.00M | $-56.00M | $154.00M |
| Net Cash Used for Investing Activities | $-2.70B | $-1.00B | $-2.98B | $-1.87B | $91.00M | $-1.23B | $-1.18B | $-946.00M | $-80.00M | $-2.04B |
| Debt Repayment | $-471.00M | $-67.00M | $-155.00M | $-463.00M | $-241.00M | $-1.24B | $-4.00M | $-384.00M | $-1.31B | $-229.00M |
| Common Stock Issued | $- | $- | $194.00M | $- | $- | $- | $- | $- | $- | $675.00M |
| Common Stock Repurchased | $-1.25B | $-25.00M | $-39.00M | $-525.00M | $-521.00M | $-479.00M | $-98.00M | $-14.00M | $-5.00M | $- |
| Dividends Paid | $-1.15B | $-1.42B | $-1.75B | $-1.76B | $-834.00M | $-889.00M | $-301.00M | $-134.00M | $-67.00M | $-52.00M |
| Other Financing Activities | $-91.00M | $-121.00M | $-455.00M | $-213.00M | $-84.00M | $-168.00M | $-52.00M | $-150.00M | $-438.00M | $-92.00M |
| Net Cash Used Provided by Financing Activities | $-2.95B | $-1.60B | $-2.36B | $-2.96B | $-1.68B | $-2.78B | $-455.00M | $-668.00M | $-1.80B | $296.00M |
| Effect of Forex Changes on Cash | $-20.00M | $-2.00M | $-30.00M | $-8.00M | $6.00M | $-3.00M | $-4.00M | $6.00M | $1.00M | $-21.00M |
| Net Change in Cash | $550.00M | $156.00M | $-2.15B | $-555.00M | $3.30B | $-1.14B | $191.00M | $516.00M | $393.00M | $379.00M |
| Cash at End of Period | $3.65B | $3.10B | $2.94B | $5.09B | $5.65B | $2.35B | $3.49B | $3.30B | $2.76B | $2.78B |
| Cash at Beginning of Period | $3.10B | $2.94B | $5.09B | $5.65B | $2.35B | $3.49B | $3.30B | $2.78B | $2.36B | $2.40B |
| Operating Cash Flow | $6.36B | $2.76B | $3.22B | $4.28B | $4.88B | $2.87B | $1.83B | $2.12B | $2.79B | $2.15B |
| Capital Expenditure | $- | $-2.67B | $-2.13B | $-1.65B | $-1.30B | $-1.46B | $-1.03B | $-866.00M | $-1.13B | $-1.40B |
| Free Cash Flow | $6.36B | $97.00M | $1.09B | $2.63B | $3.58B | $1.40B | $795.00M | $1.26B | $1.65B | $744.00M |