Newmont Corporation
Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.
Newmont Corporation (NEM) - Net Assets
Latest net assets as of December 2025: AU$34.06 Billion AUD
Based on the latest financial reports, Newmont Corporation (NEM) has net assets worth AU$34.06 Billion AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$57.16 Billion) and total liabilities (AU$23.09 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$34.06 Billion |
| % of Total Assets | 59.6% |
| Annual Growth Rate | 7.22% |
| 5-Year Change | 55.83% |
| 10-Year Change | N/A |
| Growth Volatility | 19.96 |
Newmont Corporation - Net Assets Trend (2019–2025)
This chart illustrates how Newmont Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Newmont Corporation (2019–2025)
The table below shows the annual net assets of Newmont Corporation from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$34.06 Billion | +13.14% |
| 2024-12-31 | AU$30.11 Billion | +3.10% |
| 2023-12-31 | AU$29.20 Billion | +49.52% |
| 2022-12-31 | AU$19.53 Billion | -10.65% |
| 2021-12-31 | AU$21.86 Billion | -8.45% |
| 2020-12-31 | AU$23.88 Billion | +6.52% |
| 2019-12-31 | AU$22.42 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newmont Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 49.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$3.43 Billion | 10.13% |
| Common Stock | AU$1.75 Billion | 5.18% |
| Other Comprehensive Income | AU$137.09 Million | 0.40% |
| Other Components | AU$28.57 Billion | 84.29% |
| Total Equity | AU$33.89 Billion | 100.00% |
Newmont Corporation Competitors by Market Cap
The table below lists competitors of Newmont Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kweichow Moutai Co Ltd
SHG:600519
|
$104.84 Billion |
|
Sanofi
PINK:SNYNF
|
$104.98 Billion |
|
Agnico Eagle Mines Limited
NYSE:AEM
|
$105.35 Billion |
|
Crowdstrike Holdings Inc
NASDAQ:CRWD
|
$105.61 Billion |
|
Constellation Energy Corp
NASDAQ:CEG
|
$103.57 Billion |
|
Adobe Inc.
LSE:0R2Y
|
$103.53 Billion |
|
Boston Scientific Corp
NYSE:BSX
|
$103.18 Billion |
|
Adobe Systems Incorporated
NASDAQ:ADBE
|
$103.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newmont Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 29,928,000,000 to 33,889,868,000, a change of 3,961,868,000 (13.2%).
- Net income of 7,332,073,454 contributed positively to equity growth.
- Dividend payments of 1,144,569,264 reduced retained earnings.
- Share repurchases of 2,383,311,949 reduced equity.
- Other comprehensive income increased equity by 232,093,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$7.33 Billion | +21.64% |
| Dividends Paid | AU$1.14 Billion | -3.38% |
| Share Repurchases | AU$2.38 Billion | -7.03% |
| Other Comprehensive Income | AU$232.09 Million | +0.68% |
| Other Changes | AU$-74.42 Million | -0.22% |
| Total Change | AU$- | 13.24% |
Book Value vs Market Value Analysis
This analysis compares Newmont Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.83x to 5.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | AU$26.58 | AU$154.95 | x |
| 2020-12-31 | AU$28.55 | AU$154.95 | x |
| 2021-12-31 | AU$27.49 | AU$154.95 | x |
| 2022-12-31 | AU$24.34 | AU$154.95 | x |
| 2023-12-31 | AU$34.51 | AU$154.95 | x |
| 2024-12-31 | AU$26.07 | AU$154.95 | x |
| 2025-12-31 | AU$30.59 | AU$154.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newmont Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.25%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.69x
- Recent ROE (21.64%) is above the historical average (7.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 13.10% | 28.80% | 0.24x | 1.87x | AU$663.00 Million |
| 2020 | 12.30% | 24.61% | 0.28x | 1.80x | AU$528.20 Million |
| 2021 | 5.29% | 9.54% | 0.30x | 1.84x | AU$-1.04 Billion |
| 2022 | -2.22% | -3.60% | 0.31x | 1.99x | AU$-2.36 Billion |
| 2023 | -8.59% | -21.11% | 0.21x | 1.91x | AU$-5.40 Billion |
| 2024 | 11.19% | 17.92% | 0.33x | 1.88x | AU$355.20 Million |
| 2025 | 21.64% | 31.25% | 0.41x | 1.69x | AU$3.94 Billion |
Industry Comparison
This section compares Newmont Corporation's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $7,902,647
- Average return on equity (ROE) among peers: -82.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newmont Corporation (NEM) | AU$34.06 Billion | 13.10% | 0.68x | $104.16 Billion |
| Australasian Metals Ltd (A8G) | $5.45 Million | -47.41% | 0.04x | $1.25 Million |
| Aruma Resources Ltd (AAJ) | $1.53 Million | -123.06% | 0.10x | $1.95 Million |
| Astral Resources NL (AAR) | $1.50 Million | -28.28% | 0.15x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $2.90 Million | -71.05% | 0.15x | $6.07 Million |
| Ardiden Ltd (ADV) | $2.31 Million | -344.43% | 0.16x | $10.51 Million |
| Ark Mines Ltd (AHK) | $6.10 Million | -19.74% | 0.04x | $6.97 Million |
| Aureka Ltd (AKA) | $5.45 Million | -87.03% | 0.13x | $6.48 Million |
| Alkane Resources Ltd (ALK) | $43.70 Million | 5.26% | 0.02x | $196.91 Million |
| Alchemy Resources Ltd (ALY) | $6.40 Million | -6.11% | 0.04x | $4.22 Million |
| Alto Metals Ltd (AME) | $3.69 Million | -100.36% | 0.03x | $20.54 Million |