Newmont (NEM) FY2022 results: revenue $11.9 billion, down 2.5% on the year
Newmont Corp. (NEM) reported revenue of $11.9 billion for fiscal 2022, the year ended 31 December 2022, down 2.5% on the year before. Net income was -$429 million, and diluted earnings per share $-0.54. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$11.9 billion
-2.5% on the year
FY2015FY2022
Operating margin
1.7%
10.3% a year earlier
FY2015FY2022
Net income
-$429 million
FY2015FY2022
Diluted EPS
-$0.54
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
3,220
4,279
4,882
-24.7%
Capital expenditure
2,131
1,653
1,302
+28.9%
Free cash flow
1,089
2,626
3,580
-58.5%
Free cash flow margin
9.1%
21.5%
31.1%
Cash from investing
-2,983
-1,868
91.0
Cash from financing
-2,356
-2,958
-1,680
Depreciation and amortisation
2,185
2,323
2,300
-5.9%
Share-based compensation
76.0
72.0
84.0
+5.6%
Buybacks
0.0
525
521
Dividends paid
1,746
1,757
834
-0.6%
Dividend per share
$2.20
$2.20
$1.04
0.0%
Diluted shares, weighted
795m
801m
806m
-0.7%
Shares outstanding at period end
793m
792m
800m
+0.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
19,354
22,022
23,008
-12.1%
Non-controlling interest
179
-209
837
Redeemable equity
0.0
48.0
34.0
Debt
5,571
5,711
6,080
-2.5%
Operating lease liabilities
n/a
n/a
91.0
Other liabilities
13,378
12,992
11,319
+3.0%
Total liabilities and equity
38,482
40,564
41,369
-5.1%
Fixed assets
24,073
24,124
24,281
-0.2%
Goodwill
1,971
2,771
2,771
-28.9%
Investments
4,158
3,325
3,487
+25.1%
Cash and equivalents
2,877
4,992
5,540
-42.4%
Receivables
366
337
449
+8.6%
Other assets
5,037
5,015
4,841
+0.4%
Total assets
38,482
40,564
41,369
-5.1%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.