NEM vs SCCO
Newmont Corp. and Southern Copper Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NEM | SCCO |
|---|---|---|
| Revenue | $22.7B | $13.4B |
| Net income | $7.1B | $4.3B |
| Gross margin | 64.3% | 60.1% |
| Net margin | 31.6% | 32.4% |
| Return on equity | 22.2% | 43.0% |
| Diluted EPS | $6.39 | $5.24 |
| Dividend / share | $1.00 | $3.10 |
| Payout ratio | 15.6% | 57.2% |
| Free cash flow | $7.3B | $3.4B |
| Equity | $33.9B | $11.0B |
| Net debt / equity | −0.07× | 0.22× |
| Current ratio | 2.29× | 3.89× |
| Revenue CAGR 5y | 14.5% | 10.9% |
| Profit CAGR 5y | 20.2% | 22.5% |
NEM bills 1.7× the revenue of SCCO, and SCCO keeps more of each dollar of revenue as profit (32.4% against 31.6%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | NEM | SCCO |
|---|---|---|
| FY2025 | $22.7B | $13.4B |
| FY2024 | $18.7B | $11.4B |
| FY2023 | $11.8B | $9.9B |
| FY2022 | $11.9B | $10.0B |
| FY2021 | $12.2B | $10.9B |
| FY2020 | $11.5B | $8.0B |
| FY2019 | $9.7B | $7.3B |
| FY2018 | $7.3B | $7.1B |
| FY2017 | $7.4B | $6.7B |
| FY2016 | $6.7B | $5.4B |
Bottom line
| Fiscal year | NEM | SCCO |
|---|---|---|
| FY2025 | $7.1B | $4.3B |
| FY2024 | $3.3B | $3.4B |
| FY2023 | $-2.5B | $2.4B |
| FY2022 | $-429.0M | $2.6B |
| FY2021 | $1.2B | $3.4B |
| FY2020 | $2.8B | $1.6B |
| FY2019 | $2.8B | $1.5B |
| FY2018 | $341.0M | $1.5B |
| FY2017 | $-114.0M | $732.4M |
| FY2016 | $-629.0M | $778.8M |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$9,249,000,000 | NEM |
| FY2024 | +$7,248,600,000 | NEM |
| FY2023 | +$1,916,200,000 | NEM |
| FY2022 | +$1,867,100,000 | NEM |
| FY2021 | +$1,287,900,000 | NEM |
| FY2020 | +$3,512,100,000 | NEM |
| FY2019 | +$2,454,400,000 | NEM |
| FY2018 | +$156,300,000 | NEM |
| FY2017 | +$724,500,000 | NEM |
| FY2016 | +$1,300,200,000 | NEM |
| FY2015 | +$1,039,100,000 | NEM |
| FY2014 | +$1,031,300,000 | NEM |
| FY2013 | +$2,461,100,000 | NEM |
| FY2012 | +$3,294,700,000 | NEM |
NEM has reported the higher revenue in every one of these 14 fiscal years. The gap has widened since the earliest year compared.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −0.8 pp | SCCO |
| FY2024 | −11.5 pp | SCCO |
| FY2023 | −45.5 pp | SCCO |
| FY2022 | −29.5 pp | SCCO |
| FY2021 | −29.3 pp | SCCO |
| FY2020 | +4.5 pp | NEM |
| FY2019 | +9.1 pp | NEM |
| FY2018 | −16.6 pp | SCCO |
| FY2017 | −12.5 pp | SCCO |
| FY2016 | −28.6 pp | SCCO |
| FY2015 | −9.7 pp | SCCO |
| FY2014 | −18.3 pp | SCCO |
| FY2013 | −60.5 pp | SCCO |
| FY2012 | −7.9 pp | SCCO |
The higher net margin has changed hands between NEM and SCCO over this period.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NEM's net margin has been more volatile than SCCO's over the 14 comparable fiscal years — 18.4 percentage points of standard deviation against 6.4.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NEM and SCCO over these 14 fiscal years — NEM led in 2 and SCCO in 12.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SCCO's return on equity has been more volatile than NEM's over the 18 comparable fiscal years — 12.4 percentage points of standard deviation against 10.8.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
SCCO led in return on equity in every one of the 18 comparable fiscal years — a structural lead, not a recent swing.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.