Newmont (NEM) Operating Margin (2009 - 2026)

Newmont (NEM) posted quarterly Operating Margin of 60.86% for Q1 2026, up 5801.0% year-over-year from 1.03% in Q1 2025, and up 298.6% on a QoQ basis from 15.27% in Q4 2025.

Newmont (NEM) Operating Margin (2009 - 2026) Analysis & Trends

Newmont (NEM) has reported Operating Margin for 18 consecutive years, with 60.86% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Margin rose 5801.0% year-over-year to 60.86%; the TTM figure through Mar 2026 stood at 43.84% (up 4486.0% YoY), while the FY2025 annual figure was 12.69%, down 1052.0% from the prior year.
  • Operating Margin came in at 60.86% for Q1 2026 at Newmont, up from 15.27% in the prior quarter.
  • The five-year high for Operating Margin was 60.86% in Q1 2026, with the low at 129.19% in Q4 2023.
  • Average Operating Margin over 5 years is 1.79%, with a median of 13.42% recorded in 2023.
  • Across the five-year window, Operating Margin plunged 8403 bps in 2023 and surged 16380 bps in 2024, its largest moves.
  • Year by year, Operating Margin stood at 45.16% in 2022, then tumbled by 186 bps to 129.19% in 2023, then jumped by 127 bps to 34.61% in 2024, then plunged by 56 bps to 15.27% in 2025, then jumped by 299 bps to 60.86% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 60.86%, 15.27%, and 44.12% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 58.20%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 82.36%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 60.86%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 105.11%
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 74.85%
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 51.44%
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 79.47%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 55.58%
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 55.72%

Historic Data

Download Data
DateValue
Mar 31, 2026 60.86%
Dec 31, 2025 15.27%
Sep 30, 2025 44.12%
Jun 30, 2025 56.80%
Mar 31, 2025 2.85%
Dec 31, 2024 34.61%
Sep 30, 2024 -25.67%
Jun 30, 2024 -25.37%
Mar 31, 2024 8.13%
Dec 31, 2023 -129.19%
Sep 30, 2023 8.06%
Jun 30, 2023 13.42%
Mar 31, 2023 18.55%
Dec 31, 2022 -45.16%
Sep 30, 2022 -47.46%
Jun 30, 2022 15.37%
Mar 31, 2022 25.27%
Dec 31, 2021 -18.73%
Sep 30, 2021 1.28%
Jun 30, 2021 -10.44%