Newmont Corporation Ratios | P/E, ROE & Valuation

On the Key Ratios page for Newmont Corporation (NEM), the latest P/E of 11.7 frames valuation, while ROE 25.02% and ROIC 16.12% indicates profitability and capital efficiency. Together with the current ratio of 2.55 and debt-to-equity 0.15, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

NEM Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$19.25$16.19$14.00$15.05$15.26$14.20$13.23$13.62$13.80$12.63
Net Income per Share$8.07$2.86$-3.00$-0.58$1.46$3.52$3.82$0.64$-0.21$-0.05
Operating Cash Flow per Share$11.86$5.55$3.29$4.06$5.36$6.07$3.90$3.43$3.98$5.26
Free Cash Flow per Share$11.99$2.58$0.12$1.37$3.29$4.45$1.91$1.49$2.36$3.12
Cash per Share$12.33$3.18$3.60$4.73$6.35$7.25$3.37$6.46$6.23$5.31
Book Value per Share$33.25$26.27$34.73$24.60$27.36$29.70$30.50$21.60$21.61$22.40
Tangible Book Value per Share$30.76$23.95$31.16$22.12$23.89$26.25$26.86$21.49$21.61$22.40
Interest Debt per Share$5.22$8.16$11.51$8.01$8.22$8.70$9.82$8.36$8.06$9.16
CAPEX per Share$0.13$2.97$3.17$2.68$2.07$1.62$1.99$1.94$1.62$2.14

NEM Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)11.7213-13.81-81.6542.517.0211.3954.16-175.42-668.78
Price to Book (P/B)2.81.431.21.942.252.091.491.761.91.68
Price to Sales (P/S)4.792.32.963.144.074.223.282.542.722.7
Enterprise Value to EBITDA6.376.122.212.419.188.085.868.367.5513.98
EV to Sales4.622.593.53.414.174.323.762.662.832.98
EV to Operating Cash Flow7.57.5414.9312.6511.8910.112.7710.589.797.15
EV to Free Cash Flow7.4116.21425.1937.419.3713.7726.0924.3216.5412.05
Enterprise Value$94.65B$48.01B$41.24B$40.73B$50.86B$49.31B$36.60B$19.33B$20.80B$19.92B

NEM Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)25.02%10.96%-8.69%-2.37%5.29%12.30%13.10%3.25%-1.08%-0.25%
Return on Invested Capital (ROIC)16.12%8.11%1.60%-32.40%0.69%6.05%3.15%2.73%-0.43%16.34%
Return on Tangible Assets15.64%6.11%-4.80%-1.26%3.09%7.33%7.52%1.65%-0.55%-0.13%
Earnings Yield8.66%7.69%-7.24%-1.22%2.35%5.88%8.78%1.85%-0.57%-0.15%
Free Cash Flow Yield13.00%6.94%0.28%2.91%5.30%7.43%4.39%4.30%6.29%9.15%
Dividend Yield1.09%2.68%4.07%4.66%3.55%1.73%2.78%1.63%0.67%0.37%

NEM Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio2.551.631.252.232.92.522.632.953.622.67
Interest Coverage132.0414.932.627.147.210.194.8865.363.88
Income Quality1.441.88-1.12-8.0718.361.750.994.81-19.49-3.02
Debt to Equity0.150.30.330.320.290.290.320.410.390.43
Debt to Assets9.48%15.92%17.00%15.93%15.54%16.20%17.28%20.57%19.69%21.94%
Net Debt to EBITDA-0.240.683.460.990.240.190.750.370.291.3

NEM Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover17.4117.579.617.3236.1725.4326.0820.9931.0319.51
Payables Turnover11.3414.3911.0515.4918.9515.9614.2918.7315.2616.81
Inventory Turnover2.565.564.015.595.494.44.224.284.223.9
Days Sales Outstanding20.9720.7738.0321.0810.0914.351417.3911.7618.71
Days Payables Outstanding32.1725.3633.0423.5619.2722.8725.5419.4923.9321.72
Days of Inventory on Hand142.5565.790.9365.2666.4683.0386.5285.3686.4593.66

NEM Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA6.376.122.212.419.188.085.868.367.5513.98
Market Cap$98.19B$42.65B$34.81B$37.48B$49.55B$48.15B$31.94B$18.47B$20.00B$18.06B
Enterprise Value$94.65B$48.01B$41.24B$40.73B$50.86B$49.31B$36.60B$19.33B$20.80B$19.92B
Dividend Yield1.09%2.68%4.07%4.66%3.55%1.73%2.78%1.63%0.67%0.37%
Payout Ratio9.62%34.91%-56.13%-380.39%150.69%29.48%31.69%88.27%-117.54%-248.15%

Frequently Asked Questions

How does Newmont Corporation’s P/E ratio compare with its history?

On this page, NEM's current P/E is 11.7, compared with a multi-year average around 25.0. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is Newmont Corporation market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $98.19B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Newmont Corporation’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Newmont Corporation's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Newmont Corporation compare to its competitors in key financial ratios?

The fastest way to compare Newmont Corporation with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Newmont Corporation outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Newmont Corporation's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Newmont Corporation is financially strong. Current ratio is about 2.55, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 132.04, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.15, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Newmont Corporation's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Newmont Corporation is sustaining strong returns (for example ROE at 25.02% and ROIC at 16.12%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.