BHP vs. NEM: BHP vs. Newmont Stock Comparison

July 23, 2026

How do BHP (BHP) and Newmont (NEM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

BHP (BHP) and Newmont (NEM) both belong to the Metals & Mining industry, though BHP is classified under Diversified Metals & Mining while NEM falls under Gold.

Newmont (NEM) trades as ordinary local shares, while BHP (BHP) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for BHP (BHP) and Newmont (NEM)
Profile Item	BHP	NEM
Name	BHP Group Ltd.	Newmont Corporation
Country/Region	Australia	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Diversified Metals & Mining	Gold
Market Capitalization	211.99 billion USD	98.74 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	March 17, 1980
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

BHP

NEM

GSPC

BHP (BHP) vs. Newmont (NEM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for BHP (BHP) and Newmont (NEM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for BHP (BHP) and Newmont (NEM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for BHP (BHP) and Newmont (NEM)
Metric	BHP	NEM
Total Return (1Y)	60.01%	56.15%
Total Return (3Y, Annualized)	15.71%	31.74%
Total Return (5Y, Annualized)	11.27%	12.12%

Risk Profile

Drawdown History

BHP

NEM

GSPC

BHP (BHP) vs. Newmont (NEM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for BHP (BHP) and Newmont (NEM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for BHP (BHP) and Newmont (NEM)
Metric	BHP	NEM
Volatility (1Y, Annualized)	33.23%	47.81%
Beta (5Y)	0.76	0.47
Max Drawdown (5Y)	-37.21%	-62.40%
Avg. Volume (3M)	2.64M	8.10M

Risk-Adjusted Performance

Risk-Return Positioning

BHP and NEM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for BHP (BHP) and Newmont (NEM)
Metric	BHP	NEM
Sharpe Ratio (1Y)	1.68	1.09
Sortino Ratio (1Y)	2.51	1.51

Profitability

ROE (TTM)

Both BHP (BHP) at 24.71% and Newmont (NEM) at 25.83% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

BHP

Materials industry group

24.71%

Max: 51.93%
BHP: 24.71%
Q3: 18.20%
Median: 5.99%
Q1: -9.69%
Min: -50.42%

NEM

Materials industry group

25.83%

Max: 51.93%
NEM: 25.83%
Q3: 18.20%
Median: 5.99%
Q1: -9.69%
Min: -50.42%

BHP (BHP) vs. Newmont (NEM): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both BHP (BHP) at 18.97% and Newmont (NEM) at 33.87% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

BHP

Materials industry group

18.97%

Max: 35.99%
BHP: 18.97%
Q3: 14.91%
Median: 3.99%
Q1: 0.00%
Min: -21.87%

NEM

Materials industry group

33.87%

Max: 35.99%
NEM: 33.87%
Q3: 14.91%
Median: 3.99%
Q1: 0.00%
Min: -21.87%

BHP (BHP) vs. Newmont (NEM): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both BHP (BHP) at 40.73% and Newmont (NEM) at 61.38% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

BHP

Materials industry group

40.73%

Max: 66.92%
BHP: 40.73%
Q3: 27.44%
Median: 10.11%
Q1: 0.00%
Min: -32.85%

NEM

Materials industry group

61.38%

Max: 66.92%
NEM: 61.38%
Q3: 27.44%
Median: 10.11%
Q1: 0.00%
Min: -32.85%

BHP (BHP) vs. Newmont (NEM): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for BHP (BHP) and Newmont (NEM)
Metric	BHP	NEM
ROE (TTM)	24.71%	25.83%
ROA (TTM)	12.23%	14.89%
Net Margin (TTM)	18.97%	33.87%
Operating Margin (TTM)	40.73%	61.38%
Gross Margin (TTM)	83.09%	67.36%

Growth

Revenue Growth

Newmont (NEM) at 21.34% is around its peer norm for revenue growth, while BHP (BHP) at -7.90% drops into the bottom quartile, signaling weaker demand or pricing momentum.

BHP (BHP) vs. Newmont (NEM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Newmont (NEM) at 118.84% sits in the top EPS growth quartile, while BHP (BHP) at 14.08% is closer to the peer norm — faster per-share earnings growth for NEM.

BHP (BHP) vs. Newmont (NEM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for BHP (BHP) and Newmont (NEM)
Metric	BHP	NEM
Revenue Growth (YoY)	-7.90%	21.34%
Revenue Growth (3Y CAGR)	-7.66%	23.91%
EPS Growth (YoY)	14.08%	118.84%
EPS Growth (3Y CAGR)	-33.72%	--

Financial Strength

Current Ratio (MRQ)

Both BHP (BHP) at 1.65 and Newmont (NEM) at 2.44 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

BHP

Materials industry group

1.65

Max: 6.31
Q3: 3.49
Median: 2.23
BHP: 1.65
Q1: 1.42
Min: 0.12

NEM

Materials industry group

2.44

Max: 6.31
Q3: 3.49
NEM: 2.44
Median: 2.23
Q1: 1.42
Min: 0.12

BHP (BHP) vs. Newmont (NEM): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both BHP (BHP) at 0.53 and Newmont (NEM) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

BHP

Materials industry group

0.53

Max: 2.02
Q3: 0.92
BHP: 0.53
Median: 0.44
Q1: 0.13
Min: 0.00

NEM

Materials industry group

0.16

Max: 2.02
Q3: 0.92
Median: 0.44
NEM: 0.16
Q1: 0.13
Min: 0.00

BHP (BHP) vs. Newmont (NEM): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for BHP (BHP) and Newmont (NEM)
Metric	BHP	NEM
Current Ratio (MRQ)	1.65	2.44
Debt / Equity (MRQ)	0.53	0.16
Net Debt / EBITDA	0.60	-0.20

Dividends

Dividend Yield (TTM)

Both BHP (BHP) at 1.65% and Newmont (NEM) at 1.14% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

BHP

Materials industry group

1.65%

Max: 4.91%
Q3: 1.96%
BHP: 1.65%
Median: 0.46%
Q1: 0.00%
Min: 0.00%

NEM

Materials industry group

1.14%

Max: 4.91%
Q3: 1.96%
NEM: 1.14%
Median: 0.46%
Q1: 0.00%
Min: 0.00%

BHP (BHP) vs. Newmont (NEM): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Newmont (NEM) at 13.10% pays out a band-typical share of earnings, while BHP (BHP) at 54.64% distributes more than its industry norm — less retained, thinner cover.

BHP

Materials industry group

54.64%

Max: 97.44%
BHP: 54.64%
Q3: 40.00%
Median: 9.04%
Q1: 0.00%
Min: 0.00%

NEM

Materials industry group

13.10%

Max: 97.44%
Q3: 40.00%
NEM: 13.10%
Median: 9.04%
Q1: 0.00%
Min: 0.00%

BHP (BHP) vs. Newmont (NEM): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for BHP (BHP) and Newmont (NEM)
Metric	BHP	NEM
Dividend Yield (TTM)	1.65%	1.14%
Dividend Payout Ratio (TTM)	54.64%	13.10%

Valuation

P/E Ratio (TTM)

Newmont (NEM) at 11.58 sits in the cheaper P/E ratio quartile, while BHP (BHP) at 20.01 is closer to its industry’s usual earnings multiple — a discount for NEM, though growth and earnings durability still matter.

BHP

Materials industry group

20.01

Max: 58.49
Q3: 31.23
Median: 20.26
BHP: 20.01
Q1: 12.90
Min: 4.66

NEM

Materials industry group

11.58

Max: 58.49
Q3: 31.23
Median: 20.26
Q1: 12.90
NEM: 11.58
Min: 4.66

BHP (BHP) vs. Newmont (NEM): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both BHP (BHP) at 3.93 and Newmont (NEM) at 3.95 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

BHP

Materials industry group

3.93

Max: 8.72
Q3: 4.01
BHP: 3.93
Median: 1.86
Q1: 0.73
Min: 0.00

NEM

Materials industry group

3.95

Max: 8.72
Q3: 4.01
NEM: 3.95
Median: 1.86
Q1: 0.73
Min: 0.00

BHP (BHP) vs. Newmont (NEM): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Newmont (NEM) at 2.84 is valued about in line with its industry on P/B ratio, while BHP (BHP) at 4.20 carries an above-peer premium to book — BHP is pricier on assets.

BHP

Materials industry group

4.20

Max: 7.76
BHP: 4.20
Q3: 3.99
Median: 2.25
Q1: 1.38
Min: -0.30

NEM

Materials industry group

2.84

Max: 7.76
Q3: 3.99
NEM: 2.84
Median: 2.25
Q1: 1.38
Min: -0.30

BHP (BHP) vs. Newmont (NEM): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for BHP (BHP) and Newmont (NEM)
Metric	BHP	NEM
P/E Ratio (TTM)	20.01	11.58
P/S Ratio (TTM)	3.93	3.95
P/B Ratio (MRQ)	4.20	2.84
Free Cash Flow Yield (TTM)	3.84%	9.93%