• Newmont average return on equity for 2023 was -5.49, a 302.58% decline from 2022.
• Newmont average return on equity for 2022 was 2.71, a 70.29% decline from 2021.
• Newmont average return on equity for 2021 was 9.12, a 35.77% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.