Newmont Historical Income Statement

NEM Stock  USD 38.55  0.01  0.03%   
Historical analysis of Newmont Goldcorp income statement accounts such as Gross Profit of 1.9 B can show how well Newmont Goldcorp Corp performed in making a profits. Evaluating Newmont Goldcorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Newmont Goldcorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Newmont Goldcorp Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Newmont Goldcorp Corp is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

About Newmont Income Statement Analysis

Newmont Goldcorp Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Newmont Goldcorp shareholders. The income statement also shows Newmont investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Newmont Goldcorp Income Statement Chart

Newmont Goldcorp Corp Income Statement is one of the three primary financial statements used for reporting Newmont's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Newmont Goldcorp Corp revenue and expense. Newmont Goldcorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Newmont Goldcorp's EBIT is very stable compared to the past year. As of the 18th of April 2024, EBITDA is likely to grow to about 4.5 B, though Total Other Income Expense Net is likely to grow to (2.5 B).

Total Revenue

Total revenue comprises all receipts Newmont Goldcorp Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Newmont Goldcorp Corp minus its cost of goods sold. It is profit before Newmont Goldcorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Newmont Goldcorp Corp. It is also known as Newmont Goldcorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Newmont Goldcorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Newmont Goldcorp Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, Newmont Goldcorp's EBIT is very stable compared to the past year. As of the 18th of April 2024, EBITDA is likely to grow to about 4.5 B, though Total Other Income Expense Net is likely to grow to (2.5 B).
 2021 2022 2023 2024 (projected)
Gross Profit4.5B3.3B1.2B1.9B
Total Revenue12.2B11.9B11.8B12.4B

Newmont Goldcorp income statement Correlations

0.620.790.030.92-0.01-0.030.580.960.16-0.29-0.41-0.370.14-0.030.48-0.110.630.040.42-0.27-0.060.070.38-0.380.74
0.620.680.180.70.160.20.530.720.16-0.09-0.28-0.120.110.10.39-0.250.890.150.14-0.320.140.010.17-0.130.2
0.790.680.590.930.450.440.840.850.640.06-0.32-0.050.360.390.720.120.810.210.28-0.130.080.060.32-0.260.41
0.030.180.590.270.810.810.680.080.860.550.070.440.510.660.560.460.360.28-0.110.320.11-0.030.120.08-0.28
0.920.70.930.270.150.140.680.970.43-0.19-0.42-0.280.210.160.6-0.010.780.110.38-0.320.060.070.37-0.30.61
-0.010.160.450.810.151.00.810.030.570.730.150.650.510.550.640.30.30.16-0.280.58-0.010.30.13-0.19-0.28
-0.030.20.440.810.141.00.80.020.560.730.150.660.480.570.620.290.310.2-0.290.570.010.310.1-0.17-0.31
0.580.530.840.680.680.810.80.590.560.43-0.110.320.490.440.820.170.640.190.030.3-0.030.30.31-0.370.19
0.960.720.850.080.970.030.020.590.22-0.29-0.45-0.360.110.060.5-0.140.750.070.41-0.360.030.080.33-0.380.7
0.160.160.640.860.430.570.560.560.220.34-0.030.210.470.470.550.540.340.2-0.020.090.13-0.030.310.2-0.13
-0.29-0.090.060.55-0.190.730.730.43-0.290.340.790.960.70.090.280.35-0.040.0-0.210.88-0.570.380.2-0.19-0.46
-0.41-0.28-0.320.07-0.420.150.15-0.11-0.45-0.030.790.780.58-0.37-0.190.24-0.31-0.19-0.070.74-0.820.260.19-0.12-0.38
-0.37-0.12-0.050.44-0.280.650.660.32-0.360.210.960.780.5-0.030.170.23-0.140.09-0.090.89-0.490.460.1-0.2-0.56
0.140.110.360.510.210.510.480.490.110.470.70.580.50.060.480.390.27-0.37-0.20.48-0.630.090.59-0.220.0
-0.030.10.390.660.160.550.570.440.060.470.09-0.37-0.030.060.360.210.30.36-0.4-0.020.38-0.25-0.350.21-0.01
0.480.390.720.560.60.640.620.820.50.550.28-0.190.170.480.360.240.6-0.07-0.070.090.060.340.32-0.410.28
-0.11-0.250.120.46-0.010.30.290.17-0.140.540.350.240.230.390.210.24-0.010.220.070.25-0.180.390.150.270.03
0.630.890.810.360.780.30.310.640.750.34-0.04-0.31-0.140.270.30.6-0.010.020.09-0.360.140.090.23-0.240.37
0.040.150.210.280.110.160.20.190.070.20.0-0.190.09-0.370.36-0.070.220.020.30.120.220.09-0.620.38-0.12
0.420.140.28-0.110.38-0.28-0.290.030.41-0.02-0.21-0.07-0.09-0.2-0.4-0.070.070.090.3-0.13-0.030.20.14-0.280.26
-0.27-0.32-0.130.32-0.320.580.570.3-0.360.090.880.740.890.48-0.020.090.25-0.360.12-0.13-0.620.380.06-0.21-0.37
-0.060.140.080.110.06-0.010.01-0.030.030.13-0.57-0.82-0.49-0.630.380.06-0.180.140.22-0.03-0.62-0.26-0.260.32-0.16
0.070.010.06-0.030.070.30.310.30.08-0.030.380.260.460.09-0.250.340.390.090.090.20.38-0.260.13-0.380.14
0.380.170.320.120.370.130.10.310.330.310.20.190.10.59-0.350.320.150.23-0.620.140.06-0.260.13-0.330.13
-0.38-0.13-0.260.08-0.3-0.19-0.17-0.37-0.380.2-0.19-0.12-0.2-0.220.21-0.410.27-0.240.38-0.28-0.210.32-0.38-0.33-0.43
0.740.20.41-0.280.61-0.28-0.310.190.7-0.13-0.46-0.38-0.560.0-0.010.280.030.37-0.120.26-0.37-0.160.140.13-0.43
Click cells to compare fundamentals

Newmont Goldcorp Account Relationship Matchups

Newmont Goldcorp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.0B2.3B2.3B2.2B3.6B3.8B
Interest Expense301M308M274M227M337M353.9M
Total Revenue9.7B11.5B12.2B11.9B11.8B12.4B
Gross Profit2.6B4.2B4.5B3.3B1.2B1.9B
Other Operating Expenses8.2B8.4B10.2B10.3B11.1B11.7B
Operating Income4.0B2.8B1.7B1.5B650M1.1B
Ebit4.0B2.8B1.7B1.5B650M1.2B
Ebitda6.0B5.1B4.1B3.6B4.3B4.5B
Cost Of Revenue7.2B7.3B7.8B8.7B10.6B11.1B
Total Operating Expenses1.0B1.1B2.5B1.7B520M827.7M
Income Before Tax3.7B3.1B1.1B(51M)(2.0B)(1.9B)
Total Other Income Expense Net(306M)320M(633M)(1.5B)(2.7B)(2.5B)
Net Income2.8B2.8B10M(506M)(2.5B)(2.4B)
Income Tax Expense832M704M1.1B455M526M295.7M
Research Development150M122M154M229M200M183.7M
Selling General Administrative313M269M259M276M299M217.5M
Minority Interest79M(38M)933M(60M)(36M)(34.2M)
Extraordinary Items(72M)163M57M30M34.5M36.2M
Net Income Applicable To Common Shares2.8B2.8B1.2B(429M)(493.4M)(468.7M)
Discontinued Operations(72M)163M57M30M34.5M36.2M
Net Income From Continuing Ops3.0B2.6B176M(399M)(803M)(762.9M)
Tax Provision832M704M1.1B455M561M753.3M
Interest Income57M24M368M78M143M123.9M
Net Interest Income(244M)(284M)(256M)(149M)(72M)(75.6M)
Reconciled Depreciation2.0B2.3B2.3B2.2B2.0B2.1B

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Newmont Goldcorp Corp information on this page should be used as a complementary analysis to other Newmont Goldcorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Newmont Goldcorp's industry 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
(0.26)
Dividend Share
1.45
Earnings Share
(3.00)
Revenue Per Share
14.045
Quarterly Revenue Growth
0.237
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.