Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
Profitability ratio | Description | The company |
---|---|---|
Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Newmont Corp. gross profit margin ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 not reaching Q3 2023 level. |
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Newmont Corp. operating profit margin ratio deteriorated from Q3 2023 to Q4 2023 but then slightly improved from Q4 2023 to Q1 2024. |
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Newmont Corp. net profit margin ratio deteriorated from Q3 2023 to Q4 2023 but then slightly improved from Q4 2023 to Q1 2024. |
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Newmont Corp. ROE deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
ROA | A profitability ratio calculated as net income divided by total assets. | Newmont Corp. ROA deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Gross Profit Margin
Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
Gross profit | 1,165) | (262) | 476) | 588) | 670) | 91) | 528) | 742) | 980) | (415) | 841) | 1,166) | 1,026) | 1,161) | 1,271) | 739) | 646) | 780) | 711) | 331) | 483) | |||||||
Sales | 4,023) | 3,957) | 2,493) | 2,683) | 2,679) | 3,200) | 2,634) | 3,058) | 3,023) | 3,390) | 2,895) | 3,065) | 2,872) | 3,381) | 3,170) | 2,365) | 2,581) | 2,967) | 2,713) | 2,257) | 1,803) | |||||||
Profitability Ratio | ||||||||||||||||||||||||||||
Gross profit margin1 | 14.95% | 12.46% | 16.51% | 16.76% | 17.55% | 19.65% | 15.16% | 17.37% | 20.79% | 21.42% | 34.34% | 37.03% | 35.60% | 33.20% | 31.00% | 27.07% | 23.46% | 23.67% | — | — | — | |||||||
Benchmarks | ||||||||||||||||||||||||||||
Gross Profit Margin, Competitors2 | ||||||||||||||||||||||||||||
Freeport-McMoRan Inc. | 30.34% | 31.33% | 30.56% | 28.81% | 30.38% | 33.76% | 36.22% | 40.49% | 41.20% | 38.59% | 36.85% | 33.01% | 27.67% | 17.91% | 11.94% | 5.94% | 3.86% | 9.01% | — | — | — |
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Gross profit margin = 100
× (Gross profitQ1 2024
+ Gross profitQ4 2023
+ Gross profitQ3 2023
+ Gross profitQ2 2023)
÷ (SalesQ1 2024
+ SalesQ4 2023
+ SalesQ3 2023
+ SalesQ2 2023)
= 100 × (1,165 + -262 + 476 + 588)
÷ (4,023 + 3,957 + 2,493 + 2,683)
= 14.95%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Newmont Corp. gross profit margin ratio deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 not reaching Q3 2023 level. |
Operating Profit Margin
Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
Operating income (loss) | 400) | (2,809) | 238) | 366) | 505) | (1,431) | 295) | 540) | 799) | (626) | 66) | 961) | 856) | 920) | 998) | 431) | 457) | 519) | 458) | 12) | 288) | |||||||
Sales | 4,023) | 3,957) | 2,493) | 2,683) | 2,679) | 3,200) | 2,634) | 3,058) | 3,023) | 3,390) | 2,895) | 3,065) | 2,872) | 3,381) | 3,170) | 2,365) | 2,581) | 2,967) | 2,713) | 2,257) | 1,803) | |||||||
Profitability Ratio | ||||||||||||||||||||||||||||
Operating profit margin1 | -13.72% | -14.39% | -2.91% | -2.37% | -0.79% | 1.70% | 8.33% | 6.30% | 9.70% | 10.28% | 22.95% | 29.91% | 27.19% | 24.41% | 21.70% | 17.55% | 13.75% | 13.11% | — | — | — | |||||||
Benchmarks | ||||||||||||||||||||||||||||
Operating Profit Margin, Competitors2 | ||||||||||||||||||||||||||||
Freeport-McMoRan Inc. | 26.31% | 27.24% | 26.57% | 25.14% | 27.03% | 30.89% | 33.69% | 38.37% | 39.20% | 36.62% | 36.69% | 32.66% | 27.34% | 17.16% | 11.04% | 4.53% | 2.22% | 7.58% | — | — | — |
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Operating profit margin = 100
× (Operating income (loss)Q1 2024
+ Operating income (loss)Q4 2023
+ Operating income (loss)Q3 2023
+ Operating income (loss)Q2 2023)
÷ (SalesQ1 2024
+ SalesQ4 2023
+ SalesQ3 2023
+ SalesQ2 2023)
= 100 × (400 + -2,809 + 238 + 366)
÷ (4,023 + 3,957 + 2,493 + 2,683)
= -13.72%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Newmont Corp. operating profit margin ratio deteriorated from Q3 2023 to Q4 2023 but then slightly improved from Q4 2023 to Q1 2024. |
Net Profit Margin
Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
Net income (loss) attributable to Newmont stockholders | 170) | (3,158) | 158) | 155) | 351) | (1,477) | 213) | 387) | 448) | (46) | 3) | 650) | 559) | 824) | 839) | 344) | 822) | 565) | 2,178) | (25) | 87) | |||||||
Sales | 4,023) | 3,957) | 2,493) | 2,683) | 2,679) | 3,200) | 2,634) | 3,058) | 3,023) | 3,390) | 2,895) | 3,065) | 2,872) | 3,381) | 3,170) | 2,365) | 2,581) | 2,967) | 2,713) | 2,257) | 1,803) | |||||||
Profitability Ratio | ||||||||||||||||||||||||||||
Net profit margin1 | -20.33% | -21.11% | -7.35% | -6.77% | -4.55% | -3.60% | 8.28% | 6.40% | 8.53% | 9.54% | 16.67% | 23.00% | 21.77% | 24.61% | 23.19% | 36.79% | 33.66% | 28.80% | — | — | — | |||||||
Benchmarks | ||||||||||||||||||||||||||||
Net Profit Margin, Competitors2 | ||||||||||||||||||||||||||||
Freeport-McMoRan Inc. | 6.97% | 8.09% | 9.50% | 9.63% | 12.07% | 15.22% | 16.72% | 20.08% | 20.79% | 18.85% | 18.45% | 14.98% | 11.13% | 4.22% | -0.73% | -4.92% | -5.68% | -1.66% | — | — | — |
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Net profit margin = 100
× (Net income (loss) attributable to Newmont stockholdersQ1 2024
+ Net income (loss) attributable to Newmont stockholdersQ4 2023
+ Net income (loss) attributable to Newmont stockholdersQ3 2023
+ Net income (loss) attributable to Newmont stockholdersQ2 2023)
÷ (SalesQ1 2024
+ SalesQ4 2023
+ SalesQ3 2023
+ SalesQ2 2023)
= 100 × (170 + -3,158 + 158 + 155)
÷ (4,023 + 3,957 + 2,493 + 2,683)
= -20.33%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Newmont Corp. net profit margin ratio deteriorated from Q3 2023 to Q4 2023 but then slightly improved from Q4 2023 to Q1 2024. |
Return on Equity (ROE)
Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
Net income (loss) attributable to Newmont stockholders | 170) | (3,158) | 158) | 155) | 351) | (1,477) | 213) | 387) | 448) | (46) | 3) | 650) | 559) | 824) | 839) | 344) | 822) | 565) | 2,178) | (25) | 87) | |||||||
Total Newmont stockholders’ equity | 28,890) | 29,027) | 19,074) | 19,225) | 19,377) | 19,354) | 21,219) | 21,421) | 21,449) | 22,022) | 22,712) | 23,239) | 23,127) | 23,008) | 22,661) | 22,004) | 21,806) | 21,420) | 21,430) | 19,354) | 10,499) | |||||||
Profitability Ratio | ||||||||||||||||||||||||||||
ROE1 | -9.26% | -8.59% | -4.26% | -3.94% | -2.71% | -2.22% | 4.72% | 3.70% | 4.92% | 5.29% | 8.96% | 12.36% | 11.10% | 12.30% | 11.34% | 17.76% | 16.23% | 13.10% | — | — | — | |||||||
Benchmarks | ||||||||||||||||||||||||||||
ROE, Competitors2 | ||||||||||||||||||||||||||||
Freeport-McMoRan Inc. | 9.77% | 11.07% | 13.11% | 13.00% | 16.22% | 22.30% | 25.93% | 32.72% | 34.41% | 30.80% | 29.27% | 23.63% | 16.56% | 5.89% | -1.08% | -7.10% | -8.59% | -2.57% | — | — | — |
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
ROE = 100
× (Net income (loss) attributable to Newmont stockholdersQ1 2024
+ Net income (loss) attributable to Newmont stockholdersQ4 2023
+ Net income (loss) attributable to Newmont stockholdersQ3 2023
+ Net income (loss) attributable to Newmont stockholdersQ2 2023)
÷ Total Newmont stockholders’ equity
= 100 × (170 + -3,158 + 158 + 155)
÷ 28,890 = -9.26%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Newmont Corp. ROE deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Return on Assets (ROA)
Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
Net income (loss) attributable to Newmont stockholders | 170) | (3,158) | 158) | 155) | 351) | (1,477) | 213) | 387) | 448) | (46) | 3) | 650) | 559) | 824) | 839) | 344) | 822) | 565) | 2,178) | (25) | 87) | |||||||
Total assets | 55,335) | 55,506) | 38,084) | 38,133) | 38,374) | 38,482) | 39,143) | 39,690) | 39,913) | 40,564) | 39,865) | 40,677) | 41,063) | 41,369) | 40,551) | 39,885) | 39,699) | 39,974) | 40,763) | 36,987) | 20,880) | |||||||
Profitability Ratio | ||||||||||||||||||||||||||||
ROA1 | -4.83% | -4.49% | -2.13% | -1.99% | -1.37% | -1.11% | 2.56% | 2.00% | 2.64% | 2.87% | 5.11% | 7.06% | 6.25% | 6.84% | 6.34% | 9.80% | 8.92% | 7.02% | — | — | — | |||||||
Benchmarks | ||||||||||||||||||||||||||||
ROA, Competitors2 | ||||||||||||||||||||||||||||
Freeport-McMoRan Inc. | 3.06% | 3.52% | 4.18% | 4.14% | 5.12% | 6.79% | 7.77% | 9.72% | 10.47% | 8.97% | 8.33% | 6.25% | 4.14% | 1.42% | -0.24% | -1.58% | -1.89% | -0.59% | — | — | — |
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
ROA = 100
× (Net income (loss) attributable to Newmont stockholdersQ1 2024
+ Net income (loss) attributable to Newmont stockholdersQ4 2023
+ Net income (loss) attributable to Newmont stockholdersQ3 2023
+ Net income (loss) attributable to Newmont stockholdersQ2 2023)
÷ Total assets
= 100 × (170 + -3,158 + 158 + 155)
÷ 55,335 = -4.83%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROA | A profitability ratio calculated as net income divided by total assets. | Newmont Corp. ROA deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |