Newmont Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.67B | $18.68B | $11.81B | $11.92B | $12.22B | $11.50B | $9.74B | $7.25B |
| Cost of Revenue | $8.09B | $8.96B | $6.70B | $6.47B | $5.44B | $5.01B | $5.20B | $4.09B |
| Gross Profit | $14.58B | $9.72B | $5.11B | $5.45B | $6.79B | $6.48B | $4.55B | $3.16B |
| Gross Margin | 64.3% | 52.0% | 43.3% | 45.7% | 55.5% | 56.4% | 46.7% | 43.6% |
| Operating Expenses | ||||||||
| Research & Development | $166.0M | $197.0M | $200.0M | $229.0M | $154.0M | $122.0M | $150.0M | $153.0M |
| SG&A Expense | $382.0M | $442.0M | $299.0M | $276.0M | $259.0M | $269.0M | $313.0M | $244.0M |
| Operating Income | $11.34B | $4.58B | $-2.03B | $-51.0M | $1.11B | $3.14B | $3.69B | $738.0M |
| Operating Margin | 50.0% | 24.5% | -17.2% | -0.4% | 9.1% | 27.3% | 37.9% | 10.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $11.34B | $4.58B | $-2.03B | $-51.0M | $1.11B | $3.14B | $3.69B | $738.0M |
| Income Tax Expense | $4.60B | $1.40B | $526.0M | $455.0M | $1.10B | $704.0M | $832.0M | $386.0M |
| Net Income | $7.09B | $3.35B | $-2.49B | $-429.0M | $1.17B | $2.83B | $2.81B | $341.0M |
| Net Margin | 31.3% | 17.9% | -21.1% | -3.6% | 9.5% | 24.6% | 28.8% | 4.7% |
| EPS (Basic) | $6.41 | $2.92 | $-2.97 | $-0.54 | $1.46 | $3.52 | $3.82 | $0.64 |
| EPS (Diluted) | $6.39 | $2.92 | $-2.97 | $-0.54 | $1.46 | $3.51 | $3.81 | $0.64 |
| Shares Outstanding (Basic) | 1.11B | 1.15B | 841.0M | 794.0M | 799.0M | 804.0M | 735.0M | 533.0M |
| Shares Outstanding (Diluted) | 1.11B | 1.15B | 841.0M | 795.0M | 801.0M | 806.0M | 737.0M | 535.0M |
| Dividends Per Share | $1.00 | $1.00 | $1.60 | $2.20 | $2.20 | $1.04 | $0.56 | $0.56 |