Newmont (NEM) Tax Rate (2009 - 2026)
Newmont (NEM) posted quarterly Tax Rate of 31.74% for Q2 2026, down 328.0% year-over-year from 13.92% in Q2 2025, and up 3.62% quarter-over-quarter from 30.63% in Q1 2026.
Newmont (NEM) Tax Rate (2009 - 2026) Analysis & Trends
Newmont's Tax Rate history runs 18 years deep, the most recent figure standing at 31.74% for Q2 2026.
- In Q2 2026, Tax Rate fell 328.0% year-over-year to 31.74%; the TTM figure through Jun 2026 stood at 39.09% (up 824.0% YoY), while the FY2025 annual figure was 40.52%, up 1000.0% from the prior year.
- Tax Rate for Q2 2026 stood at 31.74%, up from 30.63% in the prior quarter.
- The five-year high for Tax Rate was 63.77% in Q4 2025, with the low at 30.64% in Q2 2022.
- The 5-year median for Tax Rate is 31.6% (2023), against an average of 28.1%.
- Peak annual rise in Tax Rate reached 34511 bps in 2022, while the deepest fall reached 6680 bps in 2022.
- Newmont's Tax Rate stood at 8.1% in 2022, then surged by 69 bps to 2.48% in 2023, then soared by 1477 bps to 34.18% in 2024, then jumped by 87 bps to 63.77% in 2025, then plunged by 50 bps to 31.74% in 2026.
- Business Quant data shows NEM's Tax Rate at 31.74% in Q2 2026, 30.63% in Q1 2026, and 63.77% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 31.74% |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 31.10% |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 27.90% |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 15.78% |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | -28.19% |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | -36.98% |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 19.69% |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 43.35% |
| 10 | Alamos Gold | 15.89 Bn | 15.25 Bn | - | -17.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.74% |
| Jun 30, 2026 | 31.74% |
| Jun 30, 2026 | 31.74% |
| Mar 31, 2026 | 30.63% |
| Mar 31, 2026 | 30.63% |
| Mar 31, 2026 | 30.63% |
| Dec 31, 2025 | 63.77% |
| Dec 31, 2025 | 63.77% |
| Dec 31, 2025 | 63.77% |
| Sep 30, 2025 | 31.39% |
| Sep 30, 2025 | 31.39% |
| Sep 30, 2025 | 31.39% |
| Jun 30, 2025 | 35.02% |
| Jun 30, 2025 | 35.02% |
| Jun 30, 2025 | 35.02% |
| Mar 31, 2025 | 26.18% |
| Mar 31, 2025 | 26.18% |
| Mar 31, 2025 | 26.18% |
| Dec 31, 2024 | 34.18% |
| Dec 31, 2024 | 34.18% |