Newmont (NEM) Long-Term Deferred Tax (2009 - 2026)
Newmont (NEM) reported Long-Term Deferred Tax of $22 million for Q2 2026, down 60.0% from $55 million a year earlier and down 31.3% from the prior quarter.
Newmont (NEM) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
At the end of FY2025, Newmont posted Long-Term Deferred Tax of $45 million, down 63.7% from FY2024.
- Long-Term Deferred Tax has a five-year compound annual growth rate of -33.1% (FY2020 to FY2025).
- By year, Long-Term Deferred Tax came in at $124 million in FY2024 (-53.7%), $268 million in FY2023 (+54.9%), $173 million in FY2022 (-35.7%) and $269 million in FY2021 (-20.2%).
- The Q2 2026 figure ranks as the lowest quarterly Long-Term Deferred Tax in data going back to Q1 2009.
- Year over year, Long-Term Deferred Tax has now declined in each of the last seven quarters, with an average decline of 48.9% over the last eight quarters.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q3 2024 (growth of 65.9%); the low point was Q3 2025 (a decline of 82.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $32 million (Q1 2026), $45 million (Q4 2025) and $40 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 167.53 Bn | 146.32 Bn | 2.90 Bn |
| 3 | Rio Tinto | 145.19 Bn | 105.69 Bn | - |
| 4 | Newmont | 125.76 Bn | 93.76 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 100.06 Bn | 84.10 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 94.12 Bn | 83.75 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn |
| 8 | Nucor | 59.59 Bn | 48.98 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 47.82 Bn | 26.84 Bn | - |
| 10 | AngloGold Ashanti | 46.49 Bn | 34.38 Bn | 1.70 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.00 Mn |
| Mar 31, 2026 | 32.00 Mn |
| Dec 31, 2025 | 45.00 Mn |
| Sep 30, 2025 | 40.00 Mn |
| Jun 30, 2025 | 55.00 Mn |
| Mar 31, 2025 | 59.00 Mn |
| Dec 31, 2024 | 124.00 Mn |
| Sep 30, 2024 | 229.00 Mn |
| Jun 30, 2024 | 273.00 Mn |
| Mar 31, 2024 | 210.00 Mn |
| Dec 31, 2023 | 268.00 Mn |
| Sep 30, 2023 | 138.00 Mn |
| Jun 30, 2023 | 166.00 Mn |
| Mar 31, 2023 | 170.00 Mn |
| Dec 31, 2022 | 173.00 Mn |
| Sep 30, 2022 | 208.00 Mn |
| Jun 30, 2022 | 209.00 Mn |
| Mar 31, 2022 | 227.00 Mn |
| Dec 31, 2021 | 269.00 Mn |
| Sep 30, 2021 | 313.00 Mn |
Newmont Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=NEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=NEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();