Newmont Goldcorp Corp (NEM) - Net Assets
Based on the latest financial reports, Newmont Goldcorp Corp (NEM) has net assets worth $35.41 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($57.64 Billion) and total liabilities ($22.23 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. Check NEM strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $35.41 Billion |
| % of Total Assets | 61.44% |
| Annual Growth Rate | 8.3% |
| 5-Year Change | 55.72% |
| 10-Year Change | 186.69% |
| Growth Volatility | 53.28 |
Newmont Goldcorp Corp - Net Assets Trend (1985–2025)
This chart illustrates how Newmont Goldcorp Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see NEM company net worth.
Annual Net Assets for Newmont Goldcorp Corp (1985–2025)
The table below shows the annual net assets of Newmont Goldcorp Corp from 1985 to 2025. Also explore NEM net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $34.04 Billion | +13.06% |
| 2024-12-31 | $30.11 Billion | +3.10% |
| 2023-12-31 | $29.20 Billion | +49.52% |
| 2022-12-31 | $19.53 Billion | -10.65% |
| 2021-12-31 | $21.86 Billion | -8.45% |
| 2020-12-31 | $23.88 Billion | +6.52% |
| 2019-12-31 | $22.42 Billion | +94.73% |
| 2018-12-31 | $11.51 Billion | -0.06% |
| 2017-12-31 | $11.52 Billion | -2.99% |
| 2016-12-31 | $11.87 Billion | -16.92% |
| 2015-12-31 | $14.29 Billion | +9.19% |
| 2014-12-31 | $13.09 Billion | +0.19% |
| 2013-12-31 | $13.06 Billion | -22.92% |
| 2012-12-31 | $16.95 Billion | +7.46% |
| 2011-12-31 | $15.77 Billion | +0.35% |
| 2010-12-31 | $15.72 Billion | +24.60% |
| 2009-12-31 | $12.61 Billion | +77.60% |
| 2008-12-31 | $7.10 Billion | -21.06% |
| 2007-12-31 | $9.00 Billion | -13.78% |
| 2006-12-31 | $10.44 Billion | +12.12% |
| 2005-12-31 | $9.31 Billion | +6.82% |
| 2004-12-31 | $8.71 Billion | +12.68% |
| 2003-12-31 | $7.73 Billion | +33.92% |
| 2002-12-31 | $5.77 Billion | +233.36% |
| 2001-12-31 | $1.73 Billion | +4.69% |
| 2000-12-31 | $1.65 Billion | +4.84% |
| 1999-12-31 | $1.58 Billion | +2.99% |
| 1998-12-31 | $1.53 Billion | -12.91% |
| 1997-12-31 | $1.76 Billion | +55.41% |
| 1996-12-31 | $1.13 Billion | +37.24% |
| 1995-12-31 | $824.90 Million | +9.55% |
| 1994-12-31 | $753.00 Million | +4.41% |
| 1993-12-31 | $721.20 Million | +18.46% |
| 1992-12-31 | $608.80 Million | +122.11% |
| 1991-12-31 | $274.10 Million | +60.95% |
| 1990-12-31 | $170.30 Million | +211.75% |
| 1989-12-31 | $-152.40 Million | +47.77% |
| 1988-12-31 | $-291.80 Million | +36.32% |
| 1987-12-31 | $-458.20 Million | -131.56% |
| 1986-12-31 | $1.45 Billion | +3.40% |
| 1985-12-31 | $1.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newmont Goldcorp Corp'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 230.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.43 Billion | 10.13% |
| Common Stock | $1.75 Billion | 5.18% |
| Other Comprehensive Income | $137.00 Million | 0.40% |
| Other Components | $28.55 Billion | 84.29% |
| Total Equity | $33.87 Billion | 100.00% |
Newmont Goldcorp Corp Competitors by Market Cap
The table below lists competitors of Newmont Goldcorp Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mizuho Financial Group Inc.
NYSE:MFG
|
$130.47 Billion |
|
Siemens Energy AG
XETRA:ENR
|
$130.64 Billion |
|
Honeywell International Inc
NASDAQ:HON
|
$131.08 Billion |
|
Iberdrola S.A.
MC:IBE
|
$131.27 Billion |
|
Corning Incorporated
NYSE:GLW
|
$129.21 Billion |
|
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
|
$128.84 Billion |
|
Bristol-Myers Squibb Company
NYSE:BMY
|
$128.81 Billion |
|
Prologis Inc
NYSE:PLD
|
$128.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newmont Goldcorp Corp'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 33,867,000,000, a change of 3,939,000,000 (13.2%).
- Net income of 7,085,000,000 contributed positively to equity growth.
- Dividend payments of 1,106,000,000 reduced retained earnings.
- Share repurchases of 2,303,000,000 reduced equity.
- Other comprehensive income increased equity by 232,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.08 Billion | +20.92% |
| Dividends Paid | $1.11 Billion | -3.27% |
| Share Repurchases | $2.30 Billion | -6.8% |
| Other Comprehensive Income | $232.00 Million | +0.69% |
| Other Changes | $31.00 Million | +0.09% |
| Total Change | $- | 13.16% |
Book Value vs Market Value Analysis
This analysis compares Newmont Goldcorp Corp'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: 4.04x
- 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 6.39x to 4.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $19.31 | $123.41 | x |
| 1986-12-31 | $19.10 | $123.41 | x |
| 1987-12-31 | $-5.71 | $123.41 | x |
| 1988-12-31 | $-3.47 | $123.41 | x |
| 1989-12-31 | $-2.38 | $123.41 | x |
| 1990-12-31 | $1.30 | $123.41 | x |
| 1991-12-31 | $2.37 | $123.41 | x |
| 1992-12-31 | $6.15 | $123.41 | x |
| 1993-12-31 | $7.37 | $123.41 | x |
| 1994-12-31 | $8.94 | $123.41 | x |
| 1995-12-31 | $8.60 | $123.41 | x |
| 1996-12-31 | $8.48 | $123.41 | x |
| 1997-12-31 | $10.24 | $123.41 | x |
| 1998-12-31 | $9.04 | $123.41 | x |
| 1999-12-31 | $8.82 | $123.41 | x |
| 2000-12-31 | $7.71 | $123.41 | x |
| 2001-12-31 | $7.66 | $123.41 | x |
| 2002-12-31 | $14.43 | $123.41 | x |
| 2003-12-31 | $17.84 | $123.41 | x |
| 2004-12-31 | $17.76 | $123.41 | x |
| 2005-12-31 | $18.65 | $123.41 | x |
| 2006-12-31 | $20.66 | $123.41 | x |
| 2007-12-31 | $16.70 | $123.41 | x |
| 2008-12-31 | $15.61 | $123.41 | x |
| 2009-12-31 | $21.98 | $123.41 | x |
| 2010-12-31 | $26.69 | $123.41 | x |
| 2011-12-31 | $25.59 | $123.41 | x |
| 2012-12-31 | $27.60 | $123.41 | x |
| 2013-12-31 | $20.35 | $123.41 | x |
| 2014-12-31 | $20.63 | $123.41 | x |
| 2015-12-31 | $22.18 | $123.41 | x |
| 2016-12-31 | $20.18 | $123.41 | x |
| 2017-12-31 | $19.69 | $123.41 | x |
| 2018-12-31 | $19.63 | $123.41 | x |
| 2019-12-31 | $29.06 | $123.41 | x |
| 2020-12-31 | $28.55 | $123.41 | x |
| 2021-12-31 | $27.49 | $123.41 | x |
| 2022-12-31 | $24.34 | $123.41 | x |
| 2023-12-31 | $34.51 | $123.41 | x |
| 2024-12-31 | $26.07 | $123.41 | x |
| 2025-12-31 | $30.57 | $123.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newmont Goldcorp Corp 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): 20.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.06%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.69x
- Recent ROE (20.92%) is above the historical average (12.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 1.14% | 2.33% | 0.33x | 1.48x | $-124.41 Million |
| 1986 | 4.67% | 17.80% | 0.19x | 1.36x | $-77.39 Million |
| 1987 | 0.00% | 65.68% | 0.26x | 0.00x | $383.42 Million |
| 1988 | 0.00% | 34.97% | 0.38x | 0.00x | $204.08 Million |
| 1989 | 0.00% | 21.63% | 0.45x | 0.00x | $145.86 Million |
| 1990 | 312.59% | 50.12% | 0.72x | 8.68x | $331.64 Million |
| 1991 | 46.82% | 15.14% | 0.76x | 4.06x | $74.16 Million |
| 1992 | 14.95% | 12.88% | 0.50x | 2.30x | $26.14 Million |
| 1993 | 21.15% | 21.00% | 0.53x | 1.88x | $70.21 Million |
| 1994 | 11.30% | 12.74% | 0.36x | 2.46x | $8.75 Million |
| 1995 | 15.16% | 17.70% | 0.36x | 2.39x | $38.31 Million |
| 1996 | 8.30% | 11.07% | 0.37x | 2.03x | $-17.39 Million |
| 1997 | 4.30% | 4.35% | 0.44x | 2.27x | $-90.71 Million |
| 1998 | -27.33% | -27.06% | 0.46x | 2.21x | $-537.35 Million |
| 1999 | 1.71% | 1.77% | 0.41x | 2.33x | $-120.37 Million |
| 2000 | -1.29% | -1.21% | 0.45x | 2.39x | $-165.59 Million |
| 2001 | -1.55% | -1.39% | 0.41x | 2.74x | $-171.10 Million |
| 2002 | 2.92% | 5.76% | 0.27x | 1.87x | $-383.86 Million |
| 2003 | 6.43% | 14.78% | 0.29x | 1.50x | $-263.50 Million |
| 2004 | 6.17% | 11.11% | 0.35x | 1.61x | $-303.77 Million |
| 2005 | 4.30% | 8.27% | 0.31x | 1.67x | $-477.60 Million |
| 2006 | 8.47% | 15.86% | 0.32x | 1.67x | $-142.70 Million |
| 2007 | -24.99% | -33.91% | 0.36x | 2.07x | $-2.64 Billion |
| 2008 | 12.01% | 13.66% | 0.39x | 2.23x | $142.80 Million |
| 2009 | 12.12% | 17.25% | 0.34x | 2.08x | $226.70 Million |
| 2010 | 17.06% | 24.28% | 0.37x | 1.92x | $942.50 Million |
| 2011 | 2.84% | 3.51% | 0.38x | 2.13x | $-923.60 Million |
| 2012 | 13.13% | 18.38% | 0.33x | 2.15x | $431.70 Million |
| 2013 | -24.28% | -29.49% | 0.34x | 2.44x | $-3.48 Billion |
| 2014 | 4.94% | 6.94% | 0.29x | 2.43x | $-519.40 Million |
| 2015 | 1.94% | 3.62% | 0.24x | 2.22x | $-915.00 Million |
| 2016 | -0.25% | -0.40% | 0.32x | 1.96x | $-1.10 Billion |
| 2017 | -1.08% | -1.55% | 0.36x | 1.96x | $-1.17 Billion |
| 2018 | 3.25% | 4.70% | 0.35x | 1.97x | $-709.20 Million |
| 2019 | 13.10% | 28.84% | 0.24x | 1.87x | $663.00 Million |
| 2020 | 12.30% | 24.78% | 0.28x | 1.80x | $528.20 Million |
| 2021 | 5.29% | 9.57% | 0.30x | 1.84x | $-1.04 Billion |
| 2022 | -2.37% | -3.84% | 0.31x | 1.99x | $-2.39 Billion |
| 2023 | -8.69% | -21.41% | 0.21x | 1.91x | $-5.42 Billion |
| 2024 | 11.19% | 18.04% | 0.33x | 1.88x | $355.20 Million |
| 2025 | 20.92% | 32.06% | 0.39x | 1.69x | $3.70 Billion |
Industry Comparison
This section compares Newmont Goldcorp Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,901,247,234
- Average return on equity (ROE) among peers: -309.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newmont Goldcorp Corp (NEM) | $35.41 Billion | 1.14% | 0.63x | $130.04 Billion |
| Allied Gold Corporation (AAUC) | $381.03 Million | -54.71% | 1.51x | $1.61 Billion |
| Aura Minerals Inc. Common Shares (AUGO) | $314.80 Million | 10.13% | 1.93x | $6.37 Billion |
| Austin Gold Corp (AUST) | $9.28 Million | -33.16% | 0.02x | $17.66 Million |
| Barrick Mining Corporation (B) | $35.85 Billion | 13.93% | 0.44x | $72.60 Billion |
| Blue Gold Limited Class A Ordinary Shares (BGL) | $51.32 Million | 10.03% | 0.04x | $8.75 Million |
| Coeur Mining Inc (CDE) | $293.45 Million | -5.74% | 0.79x | $20.31 Billion |
| Caledonia Mining Corporation (CMCL) | $16.68 Million | -49.97% | 0.15x | $440.34 Million |
| Collective Mining Ltd. (CNL) | $2.10 Billion | 7.19% | 1.99x | $1.45 Billion |
| Contango ORE Inc (CTGO) | $1.27 Million | -2988.29% | 104.21x | $346.52 Million |
| Dakota Gold Corp. (DC) | $-2.37 Million | 0.00% | 0.00x | $698.29 Million |
About Newmont Goldcorp Corp
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.