Newmont (NEM) Tax Rate (2009 - 2026)
Newmont (NEM) posted Tax Rate of 31.74% for Q2 2026, up 3.62% on a QoQ basis from 30.63% in Q1 2026, and down 328.0% year-over-year from 13.92% in Q2 2025.
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Analysis
Newmont (NEM) Tax Rate (2009 - 2026) Analysis & Trends
Newmont has reported Tax Rate for 18 years, with the latest figure at 31.74% in Q2 2026.
- On a quarterly basis, Tax Rate fell 328.0% year-over-year to 31.74% in Q2 2026; TTM through Jun 2026 was 39.09%, a 824.0% increase from a year earlier, with the FY2025 full-year figure at 40.52%, up 1000.0% from the prior year.
- Tax Rate was 31.74% for Q2 2026 at Newmont, 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 8.1% in Q4 2022.
- Average Tax Rate over 5 years is 30.25%, with a median of 31.6% recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Tax Rate surged 34511 bps in 2022, then tumbled 3590 bps in 2024.
- Over 5 years, Tax Rate stood at 8.1% in 2022, then jumped by 69 bps to 2.48% in 2023, then surged by 1477 bps to 34.18% in 2024, then soared by 87 bps to 63.77% in 2025, then plunged by 50 bps to 31.74% in 2026.
- The last three Tax Rate figures came in at 31.74% (Q2 2026), 30.63% (Q1 2026), and 63.77% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 31.74% |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | -4.70% |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | -26.43% |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | -20.30% |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | -28.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.74% |
| Mar 31, 2026 | 30.63% |
| Dec 31, 2025 | 63.77% |
| Sep 30, 2025 | 31.39% |
| Jun 30, 2025 | 35.02% |
| Mar 31, 2025 | 26.18% |
| Dec 31, 2024 | 34.18% |
| Sep 30, 2024 | 23.04% |
| Jun 30, 2024 | 18.44% |
| Mar 31, 2024 | 60.75% |
| Dec 31, 2023 | -2.48% |
| Sep 30, 2023 | 31.47% |
| Jun 30, 2023 | 54.33% |
| Mar 31, 2023 | 39.52% |
| Dec 31, 2022 | -8.10% |
| Sep 30, 2022 | 32.43% |
| Jun 30, 2022 | 8.09% |
| Mar 31, 2022 | 34.08% |
| Dec 31, 2021 | -59.17% |
| Sep 30, 2021 | -312.68% |
API Access
Newmont Tax Rate 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=tax-rate&ticker=NEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();