• Newmont average net profit margin for 2023 was -9.95%, a 303.06% increase from 2022.
• Newmont average net profit margin for 2022 was 4.9%, a 72.39% decline from 2021.
• Newmont average net profit margin for 2021 was 17.75%, a 39.95% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.