NEM Q4 2023 Earnings — Newmont Corporation Revenue & Financial Results | Market Cap Arena

NEMNewmont Corporation

$131B

Q4 2023 Earnings

Basic Materials Gold

Income Statement

Revenue

$3.9B+24.5% YoY

Gross Profit

-$315M-8.0% margin

Operating Income

-$470M-12.0% margin

Net Income

-$3.1B-80.4% margin

EPS (Diluted)

$-3.22

QoQ Revenue Growth

+57.2%

Cash Flow

Operating Cash Flow

$616M

Free Cash Flow

-$304M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$55.5B

Total Liabilities

$26.3B

Stockholders' Equity

$29.0B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.9B	$3.1B	+24.5%
Gross Profit	-$315M	-$23M	-1269.6%
Operating Income	-$470M	-$161M	-191.9%
Net Income	-$3.1B	-$1.5B	-111.7%

Revenue Segments

Gold Dore

$2.8B70%

Sales From Concentrate And Other Production

$1.2B30%