Newmont
NEM
#473
Rank
$41.56 B
Marketcap
$36.06
Share price
2.30%
Change (1 day)
-25.20%
Change (1 year)

Operating Margin for Newmont (NEM)

Operating Margin as of March 2024 (TTM): -2.21%

According to Newmont's latest financial reports and stock price the company's current Operating Margin is -2.21%. At the end of 2022 the company had an Operating Margin of 1.48%.

Operating Margin history for Newmont from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20221.48%-86.94%
202111.31%-62.33%
202030.02%-26.8%
201941.01%214.73%
201813.03%-26.78%
201717.79%1923.96%
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
23.79%-1,176.47%๐Ÿ‡บ๐Ÿ‡ธ USA
44.63%-2,119.46%๐Ÿ‡บ๐Ÿ‡ธ USA
5.02%-327.15% Peru
-2.48% 12.22%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
28.84%-1,404.98%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
10.86%-591.40%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
-10.33% 367.42%๐Ÿ‡บ๐Ÿ‡ธ USA
48.11%-2,276.92%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.