Newmont (NEM) Gross Margin (2009 - 2026)
Newmont (NEM) posted quarterly Gross Margin of 65.87% for Q2 2026, up 351.0% year-over-year from 14.61% in Q2 2025, and down 10.37% quarter-over-quarter from 73.49% in Q1 2026.
Newmont (NEM) Gross Margin (2009 - 2026) Analysis & Trends
Newmont's Gross Margin history runs 18 years deep, the most recent figure standing at 65.87% for Q2 2026.
- In Q2 2026, Gross Margin rose 351.0% year-over-year to 65.87%; the TTM figure through Jun 2026 stood at 68.94% (up 1173.0% YoY), while the FY2025 annual figure was 64.33%, up 1231.0% from the prior year.
- Gross Margin for Q2 2026 stood at 65.87%, down from 73.49% in the prior quarter.
- The five-year high for Gross Margin was 97.71% in Q2 2022, with the low at 41.34% in Q3 2022.
- The 5-year median for Gross Margin is 51.78% (2022), against an average of 56.15%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 3951 bps in 2022, then plunged 5522 bps in 2023.
- Newmont's Gross Margin stood at 44.38% in 2022, then decreased by 6 bps to 41.8% in 2023, then jumped by 38 bps to 57.7% in 2024, then rose by 22 bps to 70.27% in 2025, then retreated by 6 bps to 65.87% in 2026.
- Business Quant data shows NEM's Gross Margin at 65.87% in Q2 2026, 73.49% in Q1 2026, and 70.27% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 65.87% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 63.79% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 54.74% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 74.03% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 54.86% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 40.66% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 49.36% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 86.66% |
| 10 | Alamos Gold | 15.41 Bn | 14.78 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 65.87% |
| Mar 31, 2026 | 73.49% |
| Dec 31, 2025 | 70.27% |
| Sep 30, 2025 | 64.68% |
| Jun 30, 2025 | 62.37% |
| Mar 31, 2025 | 57.96% |
| Dec 31, 2024 | 57.70% |
| Sep 30, 2024 | 49.84% |
| Jun 30, 2024 | 51.02% |
| Mar 31, 2024 | 47.65% |
| Dec 31, 2023 | 41.80% |
| Sep 30, 2023 | 45.01% |
| Jun 30, 2023 | 42.49% |
| Mar 31, 2023 | 44.68% |
| Dec 31, 2022 | 44.38% |
| Sep 30, 2022 | 41.34% |
| Jun 30, 2022 | 97.71% |
| Mar 31, 2022 | 52.53% |
| Dec 31, 2021 | 54.57% |
| Sep 30, 2021 | 52.78% |