Newmont (NEM) Operating Margin (2009 - 2026)
Newmont (NEM) reported Operating Margin of 16.48% for Q2 2026, down 3.59 percentage points from 20.07% a year earlier and down 18.13 percentage points from the prior quarter.
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Analysis
Newmont (NEM) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Newmont's Operating Margin came in at 20.19%, up 22.15 percentage points year-over-year; for FY2025, it came in at 12.69%, up 36.43 percentage points from FY2024.
- Operating Margin has a five-year change of +31.89 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at -23.74% in FY2024 (+47.36 pp), -71.11% in FY2023 (-18.52 pp), -52.58% in FY2022 (-18.40 pp) and -34.18% in FY2021 (-14.98 pp).
- Five-year quarterly Operating Margin spans a low of -129.19% in Q4 2023 and a high of 34.61% in Q1 2026.
- Year over year, Operating Margin gained in seven of the last eight quarters, with an average year-over-year change of +40.01 percentage points.
- The high point for year-over-year Operating Margin in five years was Q4 2024 (a gain of 121.56 percentage points); the low point was Q4 2021 (a drop of 51.03 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 34.61% (Q1 2026), 15.27% (Q4 2025) and 11.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 61.16% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 16.48% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 12.17% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 28.50% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 51.63% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 15.67% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 6.29% |
| 10 | AngloGold Ashanti | 47.47 Bn | 37.14 Bn | 1.70 Bn | 57.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.48% |
| Mar 31, 2026 | 34.61% |
| Dec 31, 2025 | 15.27% |
| Sep 30, 2025 | 11.31% |
| Jun 30, 2025 | 20.07% |
| Mar 31, 2025 | 2.85% |
| Dec 31, 2024 | -7.63% |
| Sep 30, 2024 | -25.67% |
| Jun 30, 2024 | -25.37% |
| Mar 31, 2024 | -42.41% |
| Dec 31, 2023 | -129.19% |
| Sep 30, 2023 | -45.45% |
| Jun 30, 2023 | -43.87% |
| Mar 31, 2023 | -36.47% |
| Dec 31, 2022 | -100.34% |
| Sep 30, 2022 | -47.46% |
| Jun 30, 2022 | -38.19% |
| Mar 31, 2022 | -21.04% |
| Dec 31, 2021 | -63.89% |
| Sep 30, 2021 | -44.94% |
API Access
Newmont Operating 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=operating-margin&ticker=NEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=NEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();