Newmont (NEM) Debt Ratio (2009 - 2026)
Newmont's (NEM) Debt Ratio was 0.09 for Q2 2026, down 31.8% from 0.13 a year earlier but up 0.1% from the prior quarter.
Analysis
Newmont (NEM) Debt Ratio (2009 - 2026) Analysis & Trends
Dating back to Q1 2009, Newmont's Debt Ratio record includes 69 quarters.
- By year, Debt Ratio came in at 0.15 in FY2024 (-5.9%), 0.16 in FY2023 (+10.4%), 0.14 in FY2022 (+3.9%) and 0.14 in FY2021 (-4.4%).
- Five-year quarterly Debt Ratio spans a low of 0.09 in Q1 2026 and a high of 0.16 in Q1 2024.
- Year over year, Debt Ratio has now declined in each of the last seven quarters, with an average decline of 22.5% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q1 2024 (growth of 11.2%); the low point was Q4 2025 (a decline of 40.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.09 (Q1 2026), 0.09 (Q4 2025) and 0.09 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 0.16 |
| 2 | Southern Copper | 167.53 Bn | 146.32 Bn | 2.90 Bn | 0.33 |
| 3 | Rio Tinto | 145.19 Bn | 105.69 Bn | - | - |
| 4 | Newmont | 125.76 Bn | 93.76 Bn | 4.03 Bn | 0.09 |
| 5 | Freeport-Mcmoran | 100.06 Bn | 84.10 Bn | 2.19 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 94.12 Bn | 83.75 Bn | 2.43 Bn | 0.01 |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn | 0.09 |
| 8 | Nucor | 59.59 Bn | 48.98 Bn | 2.03 Bn | 0.19 |
| 9 | ArcelorMittal | 47.82 Bn | 26.84 Bn | - | 0.16 |
| 10 | AngloGold Ashanti | 46.49 Bn | 34.38 Bn | 1.70 Bn | 0.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.09 |
| Mar 31, 2026 | 0.09 |
| Dec 31, 2025 | 0.09 |
| Sep 30, 2025 | 0.09 |
| Jun 30, 2025 | 0.13 |
| Mar 31, 2025 | 0.14 |
| Dec 31, 2024 | 0.15 |
| Sep 30, 2024 | 0.15 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | 0.16 |
| Dec 31, 2023 | 0.16 |
| Sep 30, 2023 | 0.15 |
| Jun 30, 2023 | 0.15 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.14 |
| Mar 31, 2022 | 0.14 |
| Dec 31, 2021 | 0.14 |
| Sep 30, 2021 | 0.14 |
API Access
Newmont Debt Ratio 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=debt-ratio&ticker=NEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=NEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();