Newmont (NEMCL) Tax Rate (2009 - 2026)

Newmont (NEMCL) posted quarterly Tax Rate of 30.63% for Q1 2026, up 445.0% year-over-year from 5.62% in Q1 2025, and down 51.96% on a QoQ basis from 63.77% in Q4 2025.

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

Newmont (NEMCL) has reported Tax Rate for 18 consecutive years, with 30.63% the latest figure, recorded in 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 came in at 30.63% for Q1 2026 at Newmont, down from 63.77% 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.
  • Average Tax Rate over 5 years is 27.88%, with a median of 31.47% recorded in 2023.
  • The largest YoY upside for Tax Rate was 34511 bps in 2022 against a maximum downside of 6680 bps in 2022.
  • Year by year, Tax Rate 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 tumbled by 52 bps to 30.63% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 30.63%, 63.77%, and 31.39% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn -22.87%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 85.30%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 30.63%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -16.06%
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 14.49%
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -4.28%
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 21.40%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn -35.21%
10 Newmont - - 7.29 Bn 30.63%

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%