Newmont (NEM) Gross Margin (2009 - 2026)
Newmont's Gross Margin came in at 65.87% for Q2 2026, up 3.51 percentage points from 62.37% a year earlier but down 7.62 percentage points from the prior quarter.
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Analysis
Newmont (NEM) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Newmont reported Gross Margin of 68.94%, up 11.73 percentage points year-over-year; for FY2025, it came in at 64.33%, up 12.31 percentage points from FY2024.
- Gross Margin carries a five-year change of +7.95 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 52.02% in FY2024 (+8.74 pp), 43.29% in FY2023 (-2.43 pp), 45.72% in FY2022 (-9.82 pp) and 55.53% in FY2021 (-0.86 pp).
- The five-year range for quarterly Gross Margin is 41.34% (Q3 2022) to 73.49% (Q1 2026).
- Year-over-year, Gross Margin has increased for ten consecutive quarters, with an average year-over-year change of +11.10 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2024 (a gain of 15.90 percentage points), and the weakest in Q2 2022 (a drop of 14.06 percentage points).
- Business Quant data shows NEM's Gross Margin at 73.49% (Q1 2026), 70.27% (Q4 2025) and 64.68% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn | 67.60% |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn | 65.87% |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn | 21.68% |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn | 31.10% |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn | 54.74% |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - | - |
| 10 | AngloGold Ashanti | 47.78 Bn | 37.45 Bn | 1.70 Bn | 54.86% |
Historic Data
Download Data
Historic 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 | 44.15% |
| Mar 31, 2022 | 52.53% |
| Dec 31, 2021 | 54.57% |
| Sep 30, 2021 | 52.78% |
API Access
Newmont Gross Margin 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=gross-margin&ticker=NEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=NEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();