Newmont (NEM) Debt Ratio (2009 - 2026)
Newmont's (NEM) Debt Ratio was 0.09 for Q3 2026, down 7.7% from 0.09 a year earlier and down 0.9% from the prior quarter.
Analysis
Newmont (NEM) Debt Ratio (2009 - 2026) Analysis & Trends
Dating back to Q1 2009, Newmont's Debt Ratio record includes 70 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%).
- The Q3 2026 figure ranks as the lowest quarterly Debt Ratio in data going back to Q1 2009.
- Year over year, Debt Ratio has now declined in each of the last eight quarters, with an average decline of 24.0% 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 Q3 2026 came in at 0.09 (Q2 2026), 0.09 (Q1 2026) and 0.09 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 146.13 Bn | 120.87 Bn | 3.10 Bn | 0.31 |
| 3 | Rio Tinto | 139.91 Bn | 100.73 Bn | - | 0.16 |
| 4 | Newmont | 132.02 Bn | 97.16 Bn | 4.22 Bn | 0.09 |
| 5 | Agnico Eagle Mines | 99.99 Bn | 86.94 Bn | 2.15 Bn | 0.01 |
| 6 | Ternium | 99.94 Bn | 68.19 Bn | 1.04 Bn | 0.16 |
| 7 | Freeport-Mcmoran | 89.88 Bn | 73.92 Bn | 2.19 Bn | 0.16 |
| 8 | Barrick Mining | 72.35 Bn | 47.55 Bn | 2.90 Bn | 0.09 |
| 9 | Nucor | 56.88 Bn | 46.26 Bn | 2.03 Bn | 0.19 |
| 10 | AngloGold Ashanti | 50.33 Bn | 37.64 Bn | 1.30 Bn | 0.11 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.09 |
| 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 |
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();