Newmont (NEM) Invested Capital (2009 - 2026)
Newmont's Invested Capital came in at $40.5 billion for Q2 2026, up 2.7% from $39.42 billion a year earlier and up 0.8% from the prior quarter.
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Analysis
Newmont (NEM) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Newmont's Invested Capital was $39.16 billion, up 1.5% from FY2024.
- Invested Capital has increased in each of the last three years, with a five-year compound annual growth rate of 5.6% (FY2020 to FY2025).
- Going back by year, Invested Capital was $38.59 billion in FY2024 (+1.3%), $38.08 billion in FY2023 (+51.7%), $25.1 billion in FY2022 (-8.6%) and $27.47 billion in FY2021 (-8.1%).
- The Q2 2026 figure represents the highest quarterly Invested Capital in data going back to Q1 2009.
- Year-over-year, Invested Capital has increased for 11 consecutive quarters, with growth averaging 8.7% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q3 2024 (growth of 54.8%), and the weakest in Q1 2022 (a decline of 9.3%).
- Business Quant data shows NEM's Invested Capital at $40.18 billion (Q1 2026), $39.16 billion (Q4 2025) and $38.59 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 93.52 Bn |
| 2 | Southern Copper | 163.15 Bn | 141.93 Bn | 2.90 Bn | 20.70 Bn |
| 3 | Rio Tinto | 141.75 Bn | 102.25 Bn | - | 89.20 Bn |
| 4 | Newmont | 122.93 Bn | 90.93 Bn | 4.03 Bn | 40.50 Bn |
| 5 | Freeport-Mcmoran | 96.82 Bn | 80.86 Bn | 2.19 Bn | 41.61 Bn |
| 6 | Agnico Eagle Mines | 92.41 Bn | 82.04 Bn | 2.43 Bn | 28.80 Bn |
| 7 | Barrick Mining | 67.97 Bn | 43.17 Bn | 2.90 Bn | 31.99 Bn |
| 8 | Nucor | 58.39 Bn | 47.77 Bn | 2.03 Bn | 30.37 Bn |
| 9 | ArcelorMittal | 47.21 Bn | 26.24 Bn | - | 71.13 Bn |
| 10 | AngloGold Ashanti | 45.47 Bn | 33.35 Bn | 1.70 Bn | 10.53 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.50 Bn |
| Mar 31, 2026 | 40.18 Bn |
| Dec 31, 2025 | 39.16 Bn |
| Sep 30, 2025 | 38.59 Bn |
| Jun 30, 2025 | 39.42 Bn |
| Mar 31, 2025 | 38.94 Bn |
| Dec 31, 2024 | 38.59 Bn |
| Sep 30, 2024 | 38.45 Bn |
| Jun 30, 2024 | 38.26 Bn |
| Mar 31, 2024 | 38.01 Bn |
| Dec 31, 2023 | 38.08 Bn |
| Sep 30, 2023 | 24.84 Bn |
| Jun 30, 2023 | 24.99 Bn |
| Mar 31, 2023 | 25.13 Bn |
| Dec 31, 2022 | 25.10 Bn |
| Sep 30, 2022 | 26.97 Bn |
| Jun 30, 2022 | 27.17 Bn |
| Mar 31, 2022 | 27.20 Bn |
| Dec 31, 2021 | 27.47 Bn |
| Sep 30, 2021 | 28.72 Bn |
API Access
Newmont Invested Capital 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=invested-capital&ticker=NEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();