• Newmont average ebitda margin for 2023 was 12.92%, a 48.55% decline from 2022.
• Newmont average ebitda margin for 2022 was 25.11%, a 39.55% decline from 2021.
• Newmont average ebitda margin for 2021 was 41.54%, a 3.59% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.