Newmont Corporation (NEM) Debt to Equity Ratio: 0.17
Is Newmont Corporation’s debt to equity ratio high or low?
Newmont Corporation's debt to equity ratio of 0.17 is 40% below its 5-year average of 0.28, near the low end of its 5-year range (0.17–0.33).
As of Thursday, June 11, 2026. 27.66% below its 12-month average of 0.23.
NEM Debt to Equity Ratio Chart
NEM Average Debt to Equity Ratio Chart
NEM Current vs Average Debt to Equity Ratio Chart
NEM Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.17
DEBT TO EQUITY RATIO AVG TTM
0.23
DEBT TO EQUITY RATIO AVG 3Y
0.28
DEBT TO EQUITY RATIO AVG 5Y
0.28
DEBT TO EQUITY RATIO AVG 10Y
0.34
DEBT TO EQUITY RATIO AVG 15Y
0.39
DEBT TO EQUITY RATIO AVG 20Y
0.38
CURRENT VS TTM AVG
-27.66%
CURRENT VS 3Y AVG
-39.29%
CURRENT VS 5Y AVG
-40.00%
CURRENT VS 10Y AVG
-50.53%
CURRENT VS 15Y AVG
-56.20%
CURRENT VS 20Y AVG
-55.26%
NEM Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | $101.04B | 0.17 | 0.23 | 0.28 | 0.28 |
| Freeport-McMoRan Inc. (FCX) | $91.93B | 0.61 | 0.58 | 0.62 | 0.69 |
| The Sherwin-Williams Company (SHW) | $75.55B | 3.16 | 3.05 | 3.33 | 3.47 |
| Ecolab Inc. (ECL) | $72.95B | 0.97 | 0.96 | 1.06 | 1.11 |
| Air Products and Chemicals, Inc. (APD) | $62.06B | 1.23 | 1.05 | 0.88 | 0.80 |
| Nucor Corporation (NUE) | $58.38B | 0.34 | 0.34 | 0.34 | 0.38 |
| Vulcan Materials Company (VMC) | $35.36B | 0.63 | 0.68 | 0.65 | 0.65 |
| International Flavors & Fragrances Inc. (IFF) | $19.79B | 0.47 | 0.58 | 0.64 | 0.65 |
| DuPont de Nemours, Inc. (DD) | $18.56B | 0.23 | 0.27 | 0.29 | 0.33 |
| Alcoa Corporation (AA) | $17.72B | 0.45 | 0.50 | 0.46 | 0.50 |
Financial Health
Debt/Equity
0.17
Current Ratio
2.29
Newmont Corporation Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Newmont Corporation Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Newmont Corporation (NEM)?
- The debt to equity ratio for NEM stock is 0.17.
- Is Newmont Corporation's debt to equity ratio high or low?
- Newmont Corporation's debt to equity ratio of 0.17 is 40% below its 5-year average of 0.28, near the low end of its 5-year range (0.17–0.33).
- What is the TTM average debt to equity ratio for Newmont Corporation (NEM)?
- The TTM average debt to equity ratio for NEM stock is 0.23.
- What is the 3Y average debt to equity ratio for Newmont Corporation (NEM)?
- The 3Y average debt to equity ratio for NEM stock is 0.28.
- What is the 5Y average debt to equity ratio for Newmont Corporation (NEM)?
- The 5Y average debt to equity ratio for NEM stock is 0.28.
- What is the 10Y average debt to equity ratio for Newmont Corporation (NEM)?
- The 10Y average debt to equity ratio for NEM stock is 0.34.
- What is the 15Y average debt to equity ratio for Newmont Corporation (NEM)?
- The 15Y average debt to equity ratio for NEM stock is 0.39.
- What is the 20Y average debt to equity ratio for Newmont Corporation (NEM)?
- The 20Y average debt to equity ratio for NEM stock is 0.38.
Newmont Corporation Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.17 |
| 2024-12-31 | 0.30 |
| 2023-12-31 | 0.33 |
| 2022-12-31 | 0.32 |
| 2021-12-31 | 0.29 |
| 2020-12-31 | 0.29 |
| 2019-12-31 | 0.32 |
| 2018-12-31 | 0.41 |
| 2017-12-31 | 0.39 |
| 2016-12-31 | 0.43 |
| 2015-12-31 | 0.53 |
| 2014-12-31 | 0.65 |
| 2013-12-31 | 0.66 |
| 2012-12-31 | 0.46 |
| 2011-12-31 | 0.33 |
| 2010-12-31 | 0.33 |
| 2009-12-31 | 0.45 |
| 2008-12-31 | 0.50 |
| 2007-12-31 | 0.39 |
| 2006-12-31 | 0.20 |
| 2005-12-31 | 0.23 |
| 2004-12-31 | 0.20 |
| 2003-12-31 | 0.15 |
| 2002-12-31 | 0.34 |
| 2001-12-31 | 0.96 |
| 2000-12-31 | 0.82 |
| 1999-12-31 | 0.71 |
| 1998-12-31 | 0.87 |
| 1997-12-31 | 0.78 |
| 1996-12-31 | 1.08 |
Related Metrics
About Newmont Corporation
Newmont Corporation is primarily involved in the mining and exploration of gold resources. Additionally, the company undertakes prospecting for other base and precious metals, including copper, silver, zinc, and lead. Its operations and assets are geographically widespread, located across various countries such as the United States, Canada, Mexico, the Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of the close of 2021 (December 31st), Newmont reported substantial proven and probable gold reserves, totaling 92.8 million ounces, and managed a vast land portfolio covering 62,800 square kilometers. Founded in 1916, the company's corporate headquarters are situated in Denver, Colorado.
- Sector
- Basic Materials
- Industry
- Gold
- CEO
- Natascha Viljoen