Newmont (NEM) 10-K Summary — Year Ended Dec 31, 2024
Newmont Corporation filed its annual report for the most recent fiscal year. The filing provides an overview of the company's business, financial performance, risk factors, and liquidity.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
Newmont Corporation filed its annual report for the most recent fiscal year. The filing provides an overview of the company's business, financial performance, risk factors, and liquidity.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$18.7B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$3.3B
Net income reported for the year.
Operating cash flow
$6.4B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $12.2B | n/a |
| Dec 31, 2022 | $11.9B | -2.5% |
| Dec 31, 2023 | $11.8B | -0.9% |
| Dec 31, 2024 | $18.7B | +58.2% |
Business overview
The company is engaged in the mining and production of gold and other metals, as detailed in the business overview section. It operates through multiple segments and faces competition in the industry. The filing also notes the importance of licenses, concessions, and environmental stewardship.
Financial performance
Revenue increased compared to the prior year, while net income and operating cash flow remained positive. The trend data indicates a significant improvement in revenue over recent periods. The management discussion provides context for these results.
Material risks
The filing identifies a range of risk factors that could impact the company's operations and financial condition. These include operational, regulatory, and market risks. Investors should consider these uncertainties.
Liquidity and capital
The liquidity and capital resources section discusses the company's cash flow and funding strategies. It also addresses environmental obligations and capital allocation priorities.
What to watch
Monitor the company's revenue performance in the next filing to see if the recent growth trend continues.