Newmont (NEM) Change in Working Capital (2011 - 2024)
Newmont (NEM) posted Change in Working Capital of -$113 million for Q4 2024, compared with $171 million a year earlier.
Analysis
Newmont (NEM) Change in Working Capital (2011 - 2024) Analysis & Trends
For FY2024, Newmont's Change in Working Capital came in at $1.03 billion, up 99.8% from FY2023.
- Annual Change in Working Capital shows a five-year compound annual growth rate of 27.1% (FY2019 to FY2024).
- In prior years, Newmont's Change in Working Capital was $513 million in FY2023 (-39.0%), $841 million in FY2022 (+55.5%), $541 million in FY2021 and -$295 million in FY2020.
- The Q4 2024 figure stands as the lowest quarterly Change in Working Capital since Q3 2023.
- On a year-over-year basis, Change in Working Capital increased in four of the last five quarters, with growth averaging 177.3%.
- The strongest year-over-year quarter for Change in Working Capital in the past five years was Q4 2023, with growth of 489.7%; the weakest was Q2 2022, with a decline of 86.1%.
- According to Business Quant data, Change in Working Capital for the three prior quarters was $209 million (Q3 2024), $263 million (Q2 2024) and $666 million (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 152.64 Bn | 131.43 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 136.96 Bn | 97.46 Bn | - | - |
| 4 | Newmont | 120.07 Bn | 88.07 Bn | 4.03 Bn | - |
| 5 | Freeport-Mcmoran | 93.93 Bn | 77.97 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 88.81 Bn | 78.44 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 65.86 Bn | 41.06 Bn | 2.90 Bn | -379.00 Mn |
| 8 | Nucor | 57.95 Bn | 47.33 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 46.12 Bn | 25.14 Bn | - | -457.00 Mn |
| 10 | AngloGold Ashanti | 43.85 Bn | 31.74 Bn | 1.70 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 113.00 Mn |
| Sep 30, 2024 | -209.00 Mn |
| Jun 30, 2024 | -263.00 Mn |
| Mar 31, 2024 | -666.00 Mn |
| Dec 31, 2023 | -171.00 Mn |
| Sep 30, 2023 | 127.00 Mn |
| Jun 30, 2023 | -107.00 Mn |
| Mar 31, 2023 | -362.00 Mn |
| Dec 31, 2022 | -29.00 Mn |
| Sep 30, 2022 | -310.00 Mn |
| Jun 30, 2022 | -37.00 Mn |
| Mar 31, 2022 | -465.00 Mn |
| Dec 31, 2021 | 37.00 Mn |
| Sep 30, 2021 | 13.00 Mn |
| Jun 30, 2021 | -266.00 Mn |
| Mar 31, 2021 | -325.00 Mn |
| Dec 31, 2020 | 245.00 Mn |
| Sep 30, 2020 | 168.00 Mn |
| Jun 30, 2020 | -145.00 Mn |
| Mar 31, 2020 | 27.00 Mn |
API Access
Newmont Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=NEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "NEM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=NEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();