Newmont
NEM
#528
Rank
$33.45 B
Marketcap
$42.09
Share price
-0.89%
Change (1 day)
-38.81%
Change (1 year)

Operating Margin for Newmont (NEM)

Operating Margin as of June 2023 (TTM): -1.20%

According to Newmont's latest financial reports and stock price the company's current Operating Margin is -1.20%. At the end of 2021 the company had an Operating Margin of 11.31%.

Operating Margin history for Newmont from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202111.31%-62.33%
202030.02%-26.8%
201941.01%214.73%
201813.03%-28.18%
201718.14%1963.46%
20160.88%-94.74%
201516.70%40.49%
201411.89%-130.15%
2013-39.44%-215.72%
201234.08%71.86%
201119.83%-55.76%
201044.82%13.86%
200939.36%77.08%
200822.23%-7.15%
200723.94%-16.1%
200628.53%28.68%
200522.17%-17.51%
200426.88%22.72%
200321.90%97.64%
200211.08%1047.07%
20010.97%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
25.68%-2,240.00%๐Ÿ‡บ๐Ÿ‡ธ USA
44.42%-3,801.67%๐Ÿ‡บ๐Ÿ‡ธ USA
5.02%-518.33% Peru
-2.48% 106.67%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
32.30%-2,791.67%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
23.77%-2,080.83%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
-0.95%-20.83%๐Ÿ‡บ๐Ÿ‡ธ USA
48.71%-4,159.17%๐Ÿ‡จ๐Ÿ‡ฆ Canada

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.