• Newmont average pre-tax profit margin for 2023 was -5.86%, a 229.36% decline from 2022.
• Newmont average pre-tax profit margin for 2022 was 4.53%, a 78.51% decline from 2021.
• Newmont average pre-tax profit margin for 2021 was 21.08%, a 38.58% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.