DOW vs. NEM: Dow vs. Newmont Stock Comparison

November 11, 2026

How do Dow (DOW) 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

Dow (DOW) and Newmont (NEM) both fall under the Materials industry group, but DOW is classified in Chemicals while NEM is classified in Metals & Mining.

Company profile comparison for Dow (DOW) and Newmont (NEM)
Profile Item	DOW	NEM
Name	Dow Inc.	Newmont Corporation
Country/Region	United States	United States
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Chemicals	Metals & Mining
GICS Sub-Industry	Commodity Chemicals	Gold
Market Capitalization	22.73 billion USD	125.65 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 20, 2019	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

DOW

NEM

GSPC

Dow (DOW) 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

Loading price history…

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

Calendar-Year Returns

Loading price history…

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

Performance Metrics

Price performance metrics for Dow (DOW) and Newmont (NEM)
Metric	DOW	NEM
Total Return (1Y)	46.93%	51.53%
Total Return (3Y, Annualized)	-8.46%	57.50%
Total Return (5Y, Annualized)	-6.94%	20.41%

Risk Profile

Drawdown History

DOW

NEM

GSPC

Dow (DOW) 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

Loading price history…

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

Risk Metrics

Risk profile metrics for Dow (DOW) and Newmont (NEM)
Metric	DOW	NEM
Volatility (1Y, Annualized)	41.81%	48.55%
Beta (5Y)	0.44	0.51
Max Drawdown (5Y)	-64.37%	-62.40%
Avg. Volume (3M)	8.52M	6.95M

Risk-Adjusted Performance

Risk-Return Positioning

DOW 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 Dow (DOW) and Newmont (NEM)
Metric	DOW	NEM
Sharpe Ratio (1Y)	1.02	0.97
Sortino Ratio (1Y)	1.62	1.41

Profitability

ROE (TTM)

Dow (DOW) reports a negative ROE of -3.24%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Newmont (NEM) reports 27.26%, ranking against industry peers normally.

DOW

Materials industry group

-3.24%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
DOW: -3.24%
Q1: -3.41%
Min: -32.81%

NEM

Materials industry group

27.26%

Max: 52.88%
NEM: 27.26%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

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

Net Margin (TTM)

Dow (DOW) reports a negative net margin of -2.11%, usually indicating a net loss over the period. Meanwhile Newmont (NEM) reports 34.73%, ranking against industry peers normally.

DOW

Materials industry group

-2.11%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
DOW: -2.11%
Min: -20.40%

NEM

Materials industry group

34.73%

Max: 38.66%
NEM: 34.73%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

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

Operating Margin (TTM)

Newmont (NEM) at 49.99% operates in the top operating margin quartile, ahead of Dow (DOW) at 6.78%, which runs around its industry’s norm.

DOW

Materials industry group

6.78%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
DOW: 6.78%
Q1: 3.28%
Min: -14.07%

NEM

Materials industry group

49.99%

Max: 66.70%
NEM: 49.99%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

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

Profitability Metrics

Profitability metrics for Dow (DOW) and Newmont (NEM)
Metric	DOW	NEM
ROE (TTM)	-3.24%	27.26%
ROA (TTM)	1.87%	16.37%
Net Margin (TTM)	-2.11%	34.73%
Operating Margin (TTM)	6.78%	49.99%
Gross Margin (TTM)	11.01%	68.04%

Growth

Revenue Growth

Newmont (NEM) at 21.34% is around its peer norm for revenue growth, while Dow (DOW) at -6.97% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Dow (DOW) 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 Dow (DOW) at -335.67% falls below its industry range — a large difference in per-share earnings trajectories.

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

Growth Metrics

Growth metrics for Dow (DOW) and Newmont (NEM)
Metric	DOW	NEM
Revenue Growth (YoY)	-6.97%	21.34%
Revenue Growth (3Y CAGR)	-11.11%	23.91%
EPS Growth (YoY)	-335.67%	118.84%
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Both Dow (DOW) at 1.76 and Newmont (NEM) at 2.45 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

DOW

Materials industry group

1.76

Max: 5.96
Q3: 3.30
Median: 2.24
DOW: 1.76
Q1: 1.45
Min: 0.16

NEM

Materials industry group

2.45

Max: 5.96
Q3: 3.30
NEM: 2.45
Median: 2.24
Q1: 1.45
Min: 0.16

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

Debt / Equity (MRQ)

Newmont (NEM) at 0.16 carries an industry-typical debt-to-equity mix, while Dow (DOW) at 1.08 uses more debt funding than most peers.

DOW

Materials industry group

1.08

Max: 1.98
DOW: 1.08
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

NEM

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
NEM: 0.16
Q1: 0.13
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Dow (DOW) and Newmont (NEM)
Metric	DOW	NEM
Current Ratio (MRQ)	1.76	2.45
Debt / Equity (MRQ)	1.08	0.16
Net Debt / EBITDA	3.21	-0.18

Dividends

Dividend Yield (TTM)

Dow (DOW) at 4.38% delivers top-quartile income for its industry, while Newmont (NEM) at 0.87% pays a more typical yield — both are credible income propositions, DOW the richer one.

DOW

Materials industry group

4.38%

Max: 4.52%
DOW: 4.38%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

NEM

Materials industry group

0.87%

Max: 4.52%
Q3: 1.85%
NEM: 0.87%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Dow (DOW) reports payout ratio above 100% at 700.00%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Newmont (NEM) reports 11.95%, ranking against industry peers normally.

DOW

Materials industry group

700.00%

DOW: 700.00%
Max: 83.62%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

NEM

Materials industry group

11.95%

Max: 83.62%
Q3: 41.37%
NEM: 11.95%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Dow (DOW) and Newmont (NEM)
Metric	DOW	NEM
Dividend Yield (TTM)	4.38%	0.87%
Dividend Payout Ratio (TTM)	700.00%	11.95%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Newmont (NEM) trades at 14.03 times trailing earnings, ranked against its peers, while Dow (DOW) has no P/E ratio this period.

DOW

Materials industry group

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93
DOW: --

NEM

Materials industry group

14.03

Max: 59.00
Q3: 32.93
Median: 18.82
NEM: 14.03
Q1: 11.96
Min: 3.93

Dow (DOW) vs. Newmont (NEM): DOW does not report P/E ratio, so it has no value marker; NEM is benchmarked against the Materials industry group.

P/S Ratio (TTM)

Dow (DOW) at 0.53 looks cheap on sales in the lower P/S ratio quartile, while Newmont (NEM) at 4.72 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

DOW

Materials industry group

0.53

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
DOW: 0.53
Min: 0.00

NEM

Materials industry group

4.72

Max: 9.62
NEM: 4.72
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

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

P/B Ratio (MRQ)

On P/B ratio, both Dow (DOW) at 1.41 and Newmont (NEM) at 3.53 are valued close to their industries’ norm against book — neither stands out from peers.

DOW

Materials industry group

1.41

Max: 6.59
Q3: 3.55
Median: 2.08
DOW: 1.41
Q1: 1.26
Min: -0.17

NEM

Materials industry group

3.53

Max: 6.59
Q3: 3.55
NEM: 3.53
Median: 2.08
Q1: 1.26
Min: -0.17

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

Valuation Metrics

Valuation metrics for Dow (DOW) and Newmont (NEM)
Metric	DOW	NEM
P/E Ratio (TTM)	--	14.03
P/S Ratio (TTM)	0.53	4.72
P/B Ratio (MRQ)	1.41	3.53
Free Cash Flow Yield (TTM)	3.95%	7.29%