Newmont
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
20.3920.1821.7121.00
Price/Sales ratio
2.842.883.173.55
Earnings per Share (EPS)
$3.30$3.34$3.10$3.21

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
18.5241.83-28.79-175.4254.1511.3817.024.95K-74.06-13.80-36.0111.38
Price/Sales ratio
1.291.192.692.712.543.274.184.053.142.942.552.54
Price/Book Value ratio
0.910.811.681.891.751.492.092.251.931.191.461.49
Price/Cash Flow ratio
6.544.296.489.4110.1011.149.8611.5811.6312.599.7811.14
Price/Free Cash Flow ratio
28.6912.3710.9215.8923.2322.7613.4518.8734.41358.8543.6423.23
Price/Earnings Growth ratio
-0.15-0.720.072.13-0.130.02-2.16-49.730.01-0.0334.93-0.13
Dividend Yield
1.21%0.56%0.37%0.67%1.62%2.78%1.73%3.54%4.65%4.06%2.64%1.62%
Profitability Indicator Ratios
Gross Profit Margin
22.02%28.17%25.61%27.86%26.81%26.54%36.38%36.52%27.37%10.21%21.58%26.54%
Operating Profit Margin
5.77%16.83%15.24%17.95%16.37%41.05%24.55%14.24%12.26%5.99%17.77%16.37%
Pretax Profit Margin
6.93%12.49%-3.18%14.52%10.17%37.91%27.33%9.06%-0.42%-17.19%-3.08%37.91%
Net Profit Margin
6.96%2.84%-9.34%-1.54%4.70%28.79%24.60%0.08%-4.24%-21.34%-7.15%28.79%
Effective Tax Rate
26.28%66.66%-263.08%105.13%52.30%22.52%22.39%99.09%-892.15%-25.89%-156.45%22.52%
Return on Assets
2.03%0.87%-2.98%-0.55%1.64%7.01%6.83%0.02%-1.31%-4.54%-2.14%7.01%
Return On Equity
4.94%1.93%-5.84%-1.08%3.24%13.09%12.29%0.04%-2.61%-8.68%-4.11%13.09%
Return on Capital Employed
1.85%5.47%5.30%6.88%6.27%10.63%7.42%4.59%4.10%1.43%6.01%10.63%
Liquidity Ratios
Current Ratio
2.473.512.673.632.952.622.52N/AN/AN/A1.962.62
Quick Ratio
1.852.381.882.652.211.861.992.221.620.811.621.86
Cash ratio
1.091.961.572.331.900.941.641.880.980.500.470.94
Days of Sales Outstanding
60.3610.1518.6511.7217.4113.9714.2510.0611.2137.9121.1117.41
Days of Inventory outstanding
87.68105.60100.9092.9191.2593.1589.3284.0773.9490.9360.1393.15
Operating Cycle
148.05115.75119.55104.63108.66107.12103.5894.1385.15128.8481.24107.12
Days of Payables Outstanding
26.0620.7123.3925.7120.8327.4924.6024.3726.7033.0421.3420.83
Cash Conversion Cycle
121.9995.0496.1578.9287.8279.6378.9869.7658.4595.8059.9079.63
Debt Ratios
Debt Ratio
0.260.230.210.190.190.150.140.130.140.150.150.15
Debt Equity Ratio
0.640.510.430.380.380.280.260.250.280.300.280.28
Long-term Debt to Capitalization
0.380.330.270.270.240.220.190.200.220.190.220.22
Total Debt to Capitalization
0.390.330.300.270.270.220.210.200.220.230.220.22
Interest Coverage Ratio
2.153.913.695.435.695.119.59N/AN/AN/A7.535.69
Cash Flow to Debt Ratio
0.210.360.600.520.450.460.790.750.570.310.510.45
Company Equity Multiplier
2.422.211.961.951.971.861.791.841.981.911.891.89
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.190.270.410.280.250.290.420.350.270.230.260.25
Free Cash Flow / Operating Cash Flow Ratio
0.220.340.590.590.430.480.730.610.330.030.220.48
Cash Flow Coverage Ratio
0.210.360.600.520.450.460.790.750.570.310.510.45
Short Term Coverage Ratio
8.66N/A4.92N/A2.91N/A7.2449.18N/A1.43N/AN/A
Dividend Payout Ratio
22.44%23.63%-10.68%-117.54%88.26%31.69%29.48%17570%-345.05%-56.12%-109.87%31.69%