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Glencore (formerly known as Glencore Xstrata) is a diversified natural resources company engaged in the production, refinement, processing, storage, transport, and marketing of metals and minerals, energy products, and agricultural products. The company offers a broad range of metals and minerals, such as zinc, copper, lead, alumina, aluminum, ferroalloys, nickel, cobalt and iron ore, as well as energy products including crude oil, oil products, steam coal, and metallurgical coal. Its agriculture products include wheat, corn, canola, barley, rice, oilseeds, meals, edible oils, biofuels, cotton, and sugar.

TypePublic
Founded1974
HQBaar, CH
Websiteglencore.com
Employee Ratings4

Latest Updates

Employees (est.) (Dec 2018)158,000(+9%)
Job Openings88
Revenue (FY, 2018)$219.8 B(+7%)
Share Price (Sept 2020)£1.7
Cybersecurity ratingCMore

Key People/Management at Glencore

Anthony Hayward

Anthony Hayward

Non-executive Chairman
Ivan Glasenberg

Ivan Glasenberg

Chief Executive Officer
Steven Kalmin

Steven Kalmin

Chief Financial Officer
Peter Freyberg

Peter Freyberg

Head of Industrial Assets
Shaun Teichner

Shaun Teichner

General Counsel
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Glencore Office Locations

Glencore has offices in Baar, Brisbane City, Newcastle West, Singleton and in 5 other locations
Baar, CH (HQ)
Baarermattstrasse 3
Brisbane City, AU
level 10/160 Ann St
Newcastle West, AU
level 4/670 Hunter St
Singleton, AU
567 Broke Rd
Sydney, AU
Level 36, Gateway, 1 Macquarie Pl
Toronto, CA
100 King St W #6900
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Glencore Financials and Metrics

Glencore Revenue

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Glencore's revenue was reported to be $219.75 b in FY, 2018 which is a 6.9% increase from the previous period.
USD

Revenue (H1, 2019)

107.1b

Gross profit (H1, 2019)

2.8b

Gross profit margin (H1, 2019), %

2.6%

Net income (H1, 2019)

(158.0m)

Market capitalization (23-Sept-2020)

22.8b

Closing stock price (23-Sept-2020)

1.7

Cash (30-Jun-2019)

1.8b

EV

56.8b
Glencore's current market capitalization is £22.8 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

152.9b205.5b219.8b

Revenue growth, %

34%7%

Cost of goods sold

149.8b197.7b210.7b

Gross profit

3.2b7.8b9.1b
Half Year
USDH1, 2017H1, 2018H1, 2019

Revenue

100.3b108.6b107.1b

Cost of goods sold

96.5b103.5b104.3b

Gross profit

3.8b5.0b2.8b

Gross profit Margin, %

4%5%3%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

2.5b2.1b2.0b

Accounts Receivable

20.1b20.4b17.8b

Prepaid Expenses

269.0m416.0m389.0m

Inventories

18.3b24.1b20.6b
Half Year
USDH1, 2017H1, 2018H1, 2019

Cash

2.0b2.2b1.8b

Accounts Receivable

16.2b19.9b16.5b

Prepaid Expenses

339.0m431.0m351.0m

Inventories

17.9b24.4b20.4b
Annual
USDFY, 2016FY, 2017FY, 2018

Depreciation and Amortization

5.6b5.4b6.3b

Inventories

(2.7b)(5.6b)3.5b

Accounts Payable

5.5b1.8b(4.9b)

Cash From Operating Activities

4.8b4.8b11.6b
Half Year
USDH1, 2017H1, 2018H1, 2019

Depreciation and Amortization

2.5b2.9b3.2b

Inventories

629.0m(270.0m)385.0m

Accounts Payable

(3.4b)151.0m617.0m

Cash From Operating Activities

4.9b5.1b4.8b
USDFY, 2016

Revenue/Employee

987.8k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.8 x
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Glencore Acquisitions / Subsidiaries

Company NameDateDeal Size
ALE CombustiveisAugust 31, 2018$141 m
TRTNovember 30, 2015$193 m
MagdeburgMarch 31, 2015$134 m
Sable ZincJune 01, 2011$29 m
Biopetrol IndustriesDecember 29, 2009
Access World Group
African Carbon Producers (Pty) Ltd
African Fine Carbon (Pty) Ltd
ALE Combustiveis
AR Zinc Group
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Glencore Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Glencore Revenue Breakdown

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Glencore revenue breakdown by business segment: 62.9% from Energy Products, 37.1% from Metals and Minerals and 0.0% from Other

Glencore revenue breakdown by geographic segment: 43.1% from Asia, 34.6% from Europe, 16.8% from The Americas and 5.5% from Other

Glencore Online and Social Media Presence

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Glencore News and Updates

Chad Asks to Suspend Payments on Glencore Oil-Backed Loan

Chad Asks to Suspend Payments on Glencore Oil-Backed Loan

Giant Glencore Mine Faces Threat as Fund Refuses Backing

Giant Glencore Coal Mine Faces Threat as Fund Refuses Backing

Glencore Makes U-Turn to Back Artisanal Mining of Cobalt

Glencore Makes U-Turn to Back Artisanal Mining of Cobalt

Copper & Copper Manufactured Products Market to Witness Huge Growth with Projected Itafil, Glencore, Wieland

Stay up to date with Copper & Copper Manufactured Products Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday

London Markets: U.K. stocks fall as mining giant Glencore scraps dividend and the pound climbs

U.K. stocks were led lower on Thursday, as mining giant Glencore cut its dividend and the Bank of England warned the economic recovery would be slower than anticipated.

It’s Time for Glencore to Embrace Change

It’s Time for Glencore to Embrace Change
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Glencore Frequently Asked Questions

  • When was Glencore founded?

    Glencore was founded in 1974.

  • Who are Glencore key executives?

    Glencore's key executives are Anthony Hayward, Ivan Glasenberg and Steven Kalmin.

  • How many employees does Glencore have?

    Glencore has 158,000 employees.

  • What is Glencore revenue?

    Latest Glencore annual revenue is $219.8 b.

  • What is Glencore revenue per employee?

    Latest Glencore revenue per employee is $1.4 m.

  • Who are Glencore competitors?

    Competitors of Glencore include Coal India, VALE and China Shenhua Energy Company.

  • Where is Glencore headquarters?

    Glencore headquarters is located at Baarermattstrasse 3, Baar.

  • Where are Glencore offices?

    Glencore has offices in Baar, Brisbane City, Newcastle West, Singleton and in 5 other locations.

  • How many offices does Glencore have?

    Glencore has 9 offices.