NEMNEUTRAL

Gross Margin

64.8%

Updated 152h ago

Sector Performance

80th percentile

NEM

64.8%

Sector Median

44.7%

Sector Avg

45.2%

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Deep Analysis

Newmont’s gross margin of 64.8% means that for every dollar of revenue, the company keeps roughly 65 cents after covering direct production costs—a measure of core profitability.

This figure places it well above the sector median of 44.4%, ranking in the 80th percentile among peers. The trend data is not available, with no year-over-year or quarter-over-quarter change reported, so no momentum can be assessed from this metric alone. The high margin level suggests Newmont has strong pricing power or cost advantages, but the absence of a trend makes it unclear whether this advantage is stable or eroding. Because the defensive strength of a high gross margin is not paired with any directional insight, it neither increases nor decreases the appeal of the stock on its own. This metric aligns with the overall NEUTRAL verdict, as the favorable level is tempered by a lack of trend information, offering no clear catalyst for a positive or negative stance.

Frequently Asked Questions

What does the Gross Margin tell investors about NEM?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are NEM's closest peers by Gross Margin?

The closest peers by Gross Margin include: WHR (12.7%), JBHT (12.6%), DVN (12.1%), F (11.9%), GM (11.5%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.