Newmont (NEM) Return on Assets [ROA] (2009 - 2026)
Newmont (NEM) recorded Return on Assets [ROA] of 15.21% in Q2 2026, up 3.79 percentage points from 11.42% a year earlier and up 0.24 percentage points from the prior quarter.
Newmont (NEM) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Newmont reported Return on Assets [ROA] of 12.63%, up 6.59 percentage points from FY2024.
- Annual Return on Assets [ROA] has a five-year change of +5.77 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at 6.05% in FY2024 (+11.29 pp), -5.25% in FY2023 (-4.32 pp), -0.93% in FY2022 (-1.50 pp) and 0.57% in FY2021 (-6.29 pp).
- The Q2 2026 figure is the highest quarterly Return on Assets [ROA] in data going back to Q1 2009.
- On a year-over-year basis, Return on Assets [ROA] has increased for seven consecutive quarters, with an average year-over-year change of +8.97 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 15.31 percentage points in Q3 2025, against a drop of 7.34 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.97% (Q1 2026), 12.82% (Q4 2025) and 13.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 24.66% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 15.21% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 3.02% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 7.74% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 16.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 24.54% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 8.97% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 1.88% |
| 10 | AngloGold Ashanti | 47.47 Bn | 37.14 Bn | 1.70 Bn | 28.66% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.21% |
| Mar 31, 2026 | 14.97% |
| Dec 31, 2025 | 12.82% |
| Sep 30, 2025 | 13.18% |
| Jun 30, 2025 | 11.42% |
| Mar 31, 2025 | 9.13% |
| Dec 31, 2024 | 6.01% |
| Sep 30, 2024 | -2.12% |
| Jun 30, 2024 | -3.51% |
| Mar 31, 2024 | -4.78% |
| Dec 31, 2023 | -5.27% |
| Sep 30, 2023 | -2.04% |
| Jun 30, 2023 | -1.88% |
| Mar 31, 2023 | -1.24% |
| Dec 31, 2022 | -0.95% |
| Sep 30, 2022 | 0.82% |
| Jun 30, 2022 | -0.35% |
| Mar 31, 2022 | 0.31% |
| Dec 31, 2021 | 0.58% |
| Sep 30, 2021 | 4.37% |
Newmont Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=NEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=NEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();