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| Date | Value |
|---|---|
| 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% |