Newmont (NEM) Return on Capital Employed (2009 - 2026)
Newmont (NEM) recorded quarterly Return on Capital Employed of 21.1% in Q1 2026, up 59.5% quarter-over-quarter from 13.23% in Q4 2025, and up 2150.0% on a YoY basis from 0.94% in Q1 2025.
Newmont (NEM) Return on Capital Employed (2009 - 2026) Analysis & Trends
Newmont's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 21.1% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 2150.0% year-over-year to 21.1%; the TTM figure through Mar 2026 stood at 21.1% (up 2150.0% YoY), while the FY2025 annual figure was 5.64%, down 332.0% from the prior year.
- Return on Capital Employed was 21.1% for Q1 2026 at Newmont, up from 13.23% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 21.1% in Q1 2026 to a low of 14.31% in Q3 2024.
- Historically, Return on Capital Employed has averaged 0.17% across 5 years, with a median of 1.1% in 2023.
- The sharpest annual moves came in 2024 and 2025: Return on Capital Employed slumped 1321 bps in 2024, then surged 2947 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 4.07% in 2022, then plunged by 144 bps to 9.94% in 2023, then surged by 100 bps to 0.03% in 2024, then surged by 40387 bps to 13.23% in 2025, then soared by 59 bps to 21.1% in 2026.
- The last three Return on Capital Employed figures came in at 21.1% (Q1 2026), 13.23% (Q4 2025), and 15.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -5.02% |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 9.05% |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 9.04% |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 22.92% |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | - |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 21.10% |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | - |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | - |
| 10 | Aura Minerals | 47.46 Bn | 47.17 Bn | 19.58 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.10% |
| Dec 31, 2025 | 13.23% |
| Sep 30, 2025 | 15.16% |
| Jun 30, 2025 | 7.77% |
| Mar 31, 2025 | -0.40% |
| Dec 31, 2024 | -0.03% |
| Sep 30, 2024 | -14.31% |
| Jun 30, 2024 | -11.45% |
| Mar 31, 2024 | -8.46% |
| Dec 31, 2023 | -9.94% |
| Sep 30, 2023 | -1.10% |
| Jun 30, 2023 | -5.17% |
| Mar 31, 2023 | -4.84% |
| Dec 31, 2022 | -4.07% |
| Sep 30, 2022 | -1.76% |
| Jun 30, 2022 | 1.70% |
| Mar 31, 2022 | -0.41% |
| Dec 31, 2021 | -3.49% |
| Sep 30, 2021 | -12.23% |
| Jun 30, 2021 | -9.76% |