Newmont (NEM) Tax Rate (2009 - 2026)

Newmont (NEM) recorded quarterly Tax Rate of 30.63% in Q1 2026, down 51.96% quarter-over-quarter from 63.77% in Q4 2025, and up 445.0% on a YoY basis from 5.62% in Q1 2025.

Newmont (NEM) Tax Rate (2009 - 2026) Analysis & Trends

Newmont's Tax Rate history runs 18 years deep, the most recent figure standing at 30.63% for Q1 2026.

  • In Q1 2026, Tax Rate rose 445.0% year-over-year to 30.63%; the TTM figure through Mar 2026 stood at 39.79% (up 1284.0% YoY), while the FY2025 annual figure was 40.52%, up 1000.0% from the prior year.
  • Tax Rate was 30.63% for Q1 2026 at Newmont, down from 63.77% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 63.77% in Q4 2025 to a low of 30.64% in Q2 2022.
  • Historically, Tax Rate has averaged 27.88% across 5 years, with a median of 31.47% in 2023.
  • Biggest YoY gain for Tax Rate was 34511 bps in 2022; the steepest drop was 6680 bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 8.1% in 2022, then soared by 69 bps to 2.48% in 2023, then jumped by 1477 bps to 34.18% in 2024, then surged by 87 bps to 63.77% in 2025, then slumped by 52 bps to 30.63% in 2026.
  • The last three Tax Rate figures came in at 30.63% (Q1 2026), 63.77% (Q4 2025), and 31.39% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -18.82%
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 23.14%
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn -
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn -
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn -35.21%
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 30.63%
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 -4.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 30.63%
Mar 31, 2026 30.63%
Dec 31, 2025 63.77%
Dec 31, 2025 63.77%
Sep 30, 2025 31.39%
Sep 30, 2025 31.39%
Jun 30, 2025 35.02%
Jun 30, 2025 35.02%
Mar 31, 2025 26.18%
Mar 31, 2025 26.18%
Dec 31, 2024 34.18%
Dec 31, 2024 34.18%
Sep 30, 2024 23.04%
Sep 30, 2024 23.04%
Jun 30, 2024 18.44%
Jun 30, 2024 18.44%
Mar 31, 2024 60.75%
Mar 31, 2024 60.75%
Dec 31, 2023 -2.48%
Dec 31, 2023 -2.48%