Newmont (NEM) Return on Equity [ROE] (2009 - 2026)
Newmont (NEM) recorded Return on Equity [ROE] of 26.49% in Q3 2026, up 4.45 percentage points from 22.04% a year earlier and up 1.62 percentage points from the prior quarter.
Newmont (NEM) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Newmont reported Return on Equity [ROE] of 22.34%, up 10.94 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of +10.27 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 11.40% in FY2024 (+21.52 pp), -10.12% in FY2023 (-8.34 pp), -1.78% in FY2022 (-2.81 pp) and 1.02% in FY2021 (-11.06 pp).
- The Q3 2026 figure is the highest quarterly Return on Equity [ROE] in data going back to Q1 2009.
- On a year-over-year basis, Return on Equity [ROE] has increased for nine consecutive quarters, with an average year-over-year change of +15.92 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 26.49 percentage points in Q2 2025, against a drop of 12.55 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.87% (Q2 2026), 24.86% (Q1 2026) and 21.25% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 17.56% |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 48.47% |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 26.49% |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 11.08% |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 21.20% |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 15.28% |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 29.77% |
| 10 | ArcelorMittal | 49.98 Bn | 33.48 Bn | - | 1.90% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.49% |
| Jun 30, 2026 | 24.87% |
| Mar 31, 2026 | 24.86% |
| Dec 31, 2025 | 21.25% |
| Sep 30, 2025 | 22.04% |
| Jun 30, 2025 | 19.84% |
| Mar 31, 2025 | 16.59% |
| Dec 31, 2024 | 11.27% |
| Sep 30, 2024 | -4.00% |
| Jun 30, 2024 | -6.65% |
| Mar 31, 2024 | -9.10% |
| Dec 31, 2023 | -10.18% |
| Sep 30, 2023 | -4.02% |
| Jun 30, 2023 | -3.69% |
| Mar 31, 2023 | -2.43% |
| Dec 31, 2022 | -1.80% |
| Sep 30, 2022 | 1.51% |
| Jun 30, 2022 | -0.64% |
| Mar 31, 2022 | 0.57% |
| Dec 31, 2021 | 1.03% |
Newmont Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=NEM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=NEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();