Newmont Return On Tangible Equity 2010-2024 | NEM
- Newmont average return on tangible equity for 2023 was -6.13, a 297.74% decline from 2022.
- Newmont average return on tangible equity for 2022 was 3.1, a 69.99% decline from 2021.
- Newmont average return on tangible equity for 2021 was 10.33, a 36.08% decline from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.