Newmont Corporation (NEM)

Newmont Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	16,987	11,812	11,915	12,222	11,497	9,740
Revenue Growth (YoY)	53.66%	-0.86%	-2.51%	6.31%	18.04%	34.29%
Cost of Revenue	10,434	8,232	7,389	7,281	5,380	5,363
Gross Profit	6,553	3,580	4,526	4,941	6,117	4,377
Selling, General & Admin	398	299	276	259	275	313
Research & Development	217	200	229	154	122	150
Operating Expenses	3,440	2,872	2,921	2,945	2,884	2,643
Operating Income	3,113	708	1,605	1,996	3,233	1,734
Interest Expense	-363	-243	-227	-274	-316	-301
Interest & Investment Income	154	148	78	18	24	57
Earnings From Equity Investments	83	63	107	166	189	95
Currency Exchange Gain (Loss)	-70	-56	-5	23	-73	-7
Other Non Operating Income (Expenses)	35	15	16	-11	703	4
EBT Excluding Unusual Items	2,952	635	1,574	1,918	3,760	1,582
Merger & Restructuring Charges	-50	-24	-4	-11	-41	-224
Impairment of Goodwill	-1,760	-1,760	-800	-	-	-
Gain (Loss) on Sale of Investments	34	-47	-46	-136	159	2,554
Gain (Loss) on Sale of Assets	-1,041	-197	35	-359	677	30
Asset Writedown	-160	-131	-520	-25	-726	-162
Other Unusual Items	-483	-481	-197	-113	-497	-30
Pretax Income	-496	-1,968	56	1,274	3,332	3,788
Income Tax Expense	772	526	455	1,098	704	832
Earnings From Continuing Operations	-1,268	-2,494	-399	176	2,628	2,956
Earnings From Discontinued Operations	80	27	30	57	163	-72
Net Income to Company	-1,188	-2,467	-369	233	2,791	2,884
Minority Interest in Earnings	-25	-27	-60	933	38	-79
Net Income	-1,213	-2,494	-429	1,166	2,829	2,805
Net Income to Common	-1,213	-2,494	-429	1,166	2,829	2,805
Net Income Growth	-	-	-	-58.78%	0.86%	722.58%
Shares Outstanding (Basic)	1,108	841	794	799	804	735
Shares Outstanding (Diluted)	1,108	841	795	801	806	737
Shares Change (YoY)	39.28%	5.79%	-0.75%	-0.62%	9.36%	37.76%
EPS (Basic)	-1.09	-2.97	-0.54	1.46	3.52	3.82
EPS (Diluted)	-1.10	-2.97	-0.54	1.46	3.51	3.81
EPS Growth	-	-	-	-58.45%	-7.87%	495.88%
Free Cash Flow	1,021	97	1,089	2,626	3,580	1,403
Free Cash Flow Per Share	0.92	0.12	1.37	3.28	4.44	1.90
Dividend Per Share	1.000	1.450	2.050	2.200	1.450	0.560
Dividend Growth	-37.50%	-29.27%	-6.82%	51.72%	158.93%	0%
Gross Margin	38.58%	30.31%	37.99%	40.43%	53.21%	44.94%
Operating Margin	18.33%	5.99%	13.47%	16.33%	28.12%	17.80%
Profit Margin	-7.14%	-21.11%	-3.60%	9.54%	24.61%	28.80%
Free Cash Flow Margin	6.01%	0.82%	9.14%	21.49%	31.14%	14.40%
EBITDA	6,009	3,061	3,969	4,450	5,673	3,782
EBITDA Margin	35.37%	25.91%	33.31%	36.41%	49.34%	38.83%
D&A For EBITDA	2,896	2,353	2,364	2,454	2,440	2,048
EBIT	3,113	708	1,605	1,996	3,233	1,734
EBIT Margin	18.33%	5.99%	13.47%	16.33%	28.12%	17.80%
Effective Tax Rate	-	-	812.50%	86.19%	21.13%	21.96%

Source: S&P Capital IQ. Standard template. Financial Sources.