Newmont (NEMCL) Operating Margin (2009 - 2026)
Newmont (NEMCL) posted Operating Margin of 16.48% for Q2 2026, down 52.4% on a QoQ basis from 34.61% in Q1 2026, and down 359.0% year-over-year from 6.36% in Q2 2025.
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Newmont (NEMCL) Operating Margin (2009 - 2026) Analysis & Trends
Newmont has reported Operating Margin for 18 years, with the latest figure at 16.48% in Q2 2026.
- On a quarterly basis, Operating Margin fell 359.0% year-over-year to 16.48% in Q2 2026; TTM through Jun 2026 was 20.19%, a 2215.0% increase from a year earlier, with the FY2025 full-year figure at 12.69%, up 3643.0% from the prior year.
- Operating Margin was 16.48% for Q2 2026 at Newmont, down from 34.61% in the prior quarter.
- The five-year high for Operating Margin was 34.61% in Q1 2026, with the low at 129.19% in Q4 2023.
- Average Operating Margin over 5 years is 25.69%, with a median of 25.52% recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Margin plunged 3645 bps in 2022, then surged 12156 bps in 2024.
- Over 5 years, Operating Margin stood at 100.34% in 2022, then retreated by 29 bps to 129.19% in 2023, then surged by 94 bps to 7.63% in 2024, then soared by 300 bps to 15.27% in 2025, then rose by 8 bps to 16.48% in 2026.
- The last three Operating Margin figures came in at 16.48% (Q2 2026), 34.61% (Q1 2026), and 15.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 16.48% |
| 2 | Barrick Mining | 74.19 Bn | 68.26 Bn | 2.90 Bn | 51.63% |
| 3 | AngloGold Ashanti | 52.70 Bn | 49.74 Bn | 1.70 Bn | 56.06% |
| 4 | Alamos Gold | 14.98 Bn | 14.30 Bn | 587.30 Mn | 60.14% |
| 5 | Iamgold | 11.53 Bn | 11.03 Bn | 415.10 Mn | 44.17% |
| 6 | Eldorado Gold | 8.68 Bn | 8.12 Bn | 302.67 Mn | 43.95% |
| 7 | Buenaventura Mining | 8.59 Bn | 7.63 Bn | - | 47.67% |
| 8 | Equinox Gold | 7.68 Bn | 7.84 Bn | 428.20 Mn | 16.02% |
| 9 | B2Gold | 7.08 Bn | 7.08 Bn | 308.29 Mn | - |
| 10 | Centerra Gold | 6.32 Bn | 5.86 Bn | 433.81 Mn | 27.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.48% |
| Mar 31, 2026 | 34.61% |
| Dec 31, 2025 | 15.27% |
| Sep 30, 2025 | 11.31% |
| Jun 30, 2025 | 20.07% |
| Mar 31, 2025 | 2.85% |
| Dec 31, 2024 | -7.63% |
| Sep 30, 2024 | -25.67% |
| Jun 30, 2024 | -25.37% |
| Mar 31, 2024 | -42.41% |
| Dec 31, 2023 | -129.19% |
| Sep 30, 2023 | -45.45% |
| Jun 30, 2023 | -43.87% |
| Mar 31, 2023 | -36.47% |
| Dec 31, 2022 | -100.34% |
| Sep 30, 2022 | -47.46% |
| Jun 30, 2022 | -38.19% |
| Mar 31, 2022 | -21.04% |
| Dec 31, 2021 | -63.89% |
| Sep 30, 2021 | -44.94% |