Barrick Mining vs Newmont
Newmont is the larger business, with $22.67bn of revenue in fiscal 2025 against $16.96bn for Barrick Mining (1.3 times as much). Barrick Mining grew faster (31.2% against 21.3%). Newmont kept more of each dollar of sales as profit: a net margin of 31.3% against 29.4%. Newmont carries less debt relative to equity (15.8% against 17.5%).
| Latest fiscal year | Barrick MiningB, 2025 | NewmontNEM, 2025 |
|---|---|---|
| Revenue | $16.96bn | $22.67bn |
| Revenue growth | 31.2% | 21.3% |
| Net income | $4.99bn | $7.08bn |
| Operating margin | — | — |
| Net margin | 29.4% | 31.3% |
| Return on equity | 19.6% | 22.2% |
| Free cash flow | $3.87bn | $7.30bn |
| Cash | $6.71bn | $7.65bn |
| Total debt | $4.65bn | $5.34bn |
| Debt to equity | 17.5% | 15.8% |
| Dividend per share | — | $1.00 |
| Dividend yield | 1.4% | 1.0% |
| Share buybacks | $1.50bn | $2.30bn |
| Employees | — | — |
| Market value | $64.81bn | $114.65bn |
| Price vs our value range | — | Below our value range |
| Moat score | — | 44 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 25 sales |