NEM Q2 2024 Earnings — Newmont Corporation Revenue & Financial Results | Market Cap Arena

NEMNewmont Corporation

$131B

Q2 2024 Earnings

Basic Materials Gold

Income Statement

Revenue

$4.3B+59.4% YoY

Gross Profit

$1.4B32.5% margin

Operating Income

$1.2B28.6% margin

Net Income

$853M19.8% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$628M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$55.7B

Total Liabilities

$26.1B

Stockholders' Equity

$29.4B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$2.7B	+59.4%
Gross Profit	$1.4B	$544M	+157.7%
Operating Income	$1.2B	$423M	+191.5%
Net Income	$853M	$155M	+450.3%

Revenue Segments

Gold Dore

$2.8B64%

Sales From Concentrate And Other Production

$1.6B36%