Newmont Net Income from 2010 to 2024

NEM Stock  USD 41.94  0.10  0.24%   
Newmont Goldcorp Net Loss yearly trend continues to be very stable with very little volatility. Net Loss is likely to grow to about -2.4 B this year. During the period from 2010 to 2024, Newmont Goldcorp Net Loss quarterly data regression pattern had sample variance of 2750746 T and median of  16,000,000. View All Fundamentals
 
Net Loss  
First Reported
1989-06-30
Previous Quarter
853 M
Current Value
922 M
Quarterly Volatility
524.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Newmont Goldcorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newmont Goldcorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 B, Interest Expense of 125.6 M or Total Revenue of 12.4 B, as well as many indicators such as Price To Sales Ratio of 4.02, Dividend Yield of 0.0427 or PTB Ratio of 1.14. Newmont financial statements analysis is a perfect complement when working with Newmont Goldcorp Valuation or Volatility modules.
  
Check out the analysis of Newmont Goldcorp Correlation against competitors.

Latest Newmont Goldcorp's Net Income Growth Pattern

Below is the plot of the Net Income of Newmont Goldcorp Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Newmont Goldcorp Corp financial statement analysis. It represents the amount of money remaining after all of Newmont Goldcorp Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Newmont Goldcorp's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Newmont Goldcorp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (2.47 B)10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

Newmont Net Income Regression Statistics

Arithmetic Mean18,603,333
Geometric Mean481,291,766
Coefficient Of Variation8,915
Mean Deviation1,166,370,222
Median16,000,000
Standard Deviation1,658,537,313
Sample Variance2750746T
Range5.3B
R-Value(0.22)
Mean Square Error2819720.9T
R-Squared0.05
Significance0.43
Slope(81,373,750)
Total Sum of Squares38510444.2T

Newmont Net Income History

2024-2.4 B
2023-2.5 B
2022-506 M
202110 M
20202.8 B
20192.8 B
2018341 M

Other Fundumenentals of Newmont Goldcorp Corp

Newmont Goldcorp Net Income component correlations

About Newmont Goldcorp Financial Statements

Newmont Goldcorp investors utilize fundamental indicators, such as Net Income, to predict how Newmont Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Loss-2.5 B-2.3 B
Net Loss-493.4 M-468.7 M
Net Loss-803 M-762.9 M
Net Loss(3.00)(2.85)
Net Income Per E B T 1.24  1.30 

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When determining whether Newmont Goldcorp Corp is a strong investment it is important to analyze Newmont Goldcorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newmont Goldcorp's future performance. For an informed investment choice regarding Newmont Stock, refer to the following important reports:
Check out the analysis of Newmont Goldcorp Correlation against competitors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.039
Dividend Share
1
Earnings Share
(2.19)
Revenue Per Share
15.331
Quarterly Revenue Growth
0.847
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.