FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
As of today, Newmont's Trailing 12-Month Free Cash Flow is $1,021 Mil, and Market Cap is $51,731 Mil. Therefore, Newmont's FCF Yield % for today is 1.97%.
The historical rank and industry rank for Newmont's FCF Yield % or its related term are showing as below:
NEM'
s FCF Yield % Range Over the Past 10 Years
Min: 0.13 Med: 4.86 Max: 14.03
Current: 1.97
During the past 13 years, the highest FCF Yield % of Newmont was 14.03%. The lowest was 0.13%. And the median was 4.86%.
NEM's FCF Yield % is ranked better than 88.44% of 2699
companies
in the Metals & Mining industry
Industry Median: -12.24
vs NEM: 1.97
The historical data trend for Newmont's FCF Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Newmont's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Newmont's FCF Yield % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newmont's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Newmont's FCF Yield % falls into.
Newmont FCF Yield % Calculation
FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Newmont's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Newmont FCF Yield % Explanation
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Newmont FCF Yield % Related Terms
Thank you for viewing the detailed overview of Newmont's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.
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