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
DateValue
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%