NEM Q1 2024 Earnings — Newmont Corporation Revenue & Financial Results | Market Cap Arena

NEMNewmont Corporation

$131B

Q1 2024 Earnings

Basic Materials Gold

Income Statement

Revenue

$4.0B+50.6% YoY

Gross Profit

$1.1B27.2% margin

Operating Income

$931M23.3% margin

Net Income

$166M4.1% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

$776M

Free Cash Flow

-$74M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$55.3B

Total Liabilities

$26.3B

Stockholders' Equity

$28.9B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$2.7B	+50.6%
Gross Profit	$1.1B	$600M	+81.7%
Operating Income	$931M	$489M	+90.4%
Net Income	$166M	$351M	-52.7%

Revenue Segments

Gold Dore

$2.7B67%

Sales From Concentrate And Other Production

$1.3B33%