Newmont (NEM) Gross Margin (2009 - 2026)
Newmont (NEM) posted quarterly Gross Margin of 99.74% for Q1 2026, up 4178.0% year-over-year from 2.33% in Q1 2025, and up 41.94% on a QoQ basis from 70.27% in Q4 2025.
Newmont (NEM) Gross Margin (2009 - 2026) Analysis & Trends
Newmont (NEM) has reported Gross Margin for 18 consecutive years, with 99.74% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 4178.0% year-over-year to 99.74%; the TTM figure through Mar 2026 stood at 91.06% (up 2449.0% YoY), while the FY2025 annual figure was 64.33%, down 3464.0% from the prior year.
- Gross Margin came in at 99.74% for Q1 2026 at Newmont, up from 70.27% in the prior quarter.
- The five-year high for Gross Margin was 99.93% in Q4 2024, with the low at 41.34% in Q3 2022.
- Average Gross Margin over 5 years is 82.4%, with a median of 98.19% recorded in 2024.
- Across the five-year window, Gross Margin slumped 5776 bps in 2023 and surged 5813 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 99.56% in 2022, then sank by 58 bps to 41.8% in 2023, then soared by 139 bps to 99.93% in 2024, then dropped by 30 bps to 70.27% in 2025, then jumped by 42 bps to 99.74% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 99.74%, 70.27%, and 97.48% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 59.77% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 61.79% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 99.74% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | 86.39% |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 77.58% |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 54.68% |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 80.88% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 59.87% |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | 52.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.74% |
| Dec 31, 2025 | 70.27% |
| Sep 30, 2025 | 97.48% |
| Jun 30, 2025 | 99.10% |
| Mar 31, 2025 | 57.96% |
| Dec 31, 2024 | 99.93% |
| Sep 30, 2024 | 49.84% |
| Jun 30, 2024 | 51.02% |
| Mar 31, 2024 | 98.19% |
| Dec 31, 2023 | 41.80% |
| Sep 30, 2023 | 98.52% |
| Jun 30, 2023 | 99.78% |
| Mar 31, 2023 | 99.70% |
| Dec 31, 2022 | 99.56% |
| Sep 30, 2022 | 41.34% |
| Jun 30, 2022 | 97.71% |
| Mar 31, 2022 | 98.84% |
| Dec 31, 2021 | 99.73% |
| Sep 30, 2021 | 99.00% |
| Jun 30, 2021 | 58.21% |