Glencore

OverviewSuggest Edit

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 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, CHMap
Websiteglencore.com
Employee Ratings3.8More
View Jobs (165)

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Latest Updates

Employees (est.) (Dec 2020)145,000(-9%)
Job Openings165
Revenue (FY, 2020)$142.3 B(-33%)
Share Price (Jul 2021)£3.1(-3%)
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 37/1 Macquarie Pl
Toronto, CA
100 King St W #6900
Show all (9)

Glencore Financials and Metrics

Glencore Revenue

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Glencore's revenue was reported to be $142.34 b in FY, 2020 which is a 33.8% decrease from the previous period.
USD

Revenue (FY, 2020)

142.3b

Revenue growth (FY, 2019 - FY, 2020), %

(33.8%)

Gross profit (FY, 2020)

3.7b

Gross profit margin (FY, 2020), %

2.6%

Net income (FY, 2020)

(3.9b)

Market capitalization (16-Jul-2021)

41.2b

Closing stock price (16-Jul-2021)

3.1

Cash (31-Dec-2020)

1.5b

EV

77.2b
Glencore's current market capitalization is £41.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

219.8b215.1b142.3b

Revenue growth, %

7%(2%)(34%)

Cost of goods sold

210.7b210.4b138.6b

Gross profit

9.1b4.7b3.7b
Half Year
USDH1, 2019H1, 2020

Revenue

107.1b71.0b

Cost of goods sold

104.3b69.2b

Gross profit

2.8b1.7b

Gross profit Margin, %

3%2%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

2.0b1.9b1.5b

Accounts Receivable

17.8b17.0b15.2b

Prepaid Expenses

389.0m315.0m220.0m

Inventories

20.6b19.9b22.9b
Half Year
USDH1, 2019H1, 2020

Cash

1.8b1.4b

Accounts Receivable

16.5b2.6b

Prepaid Expenses

351.0m318.0m

Inventories

20.4b19.7b
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.6b(1.5b)(3.9b)

Depreciation and Amortization

6.3b7.2b6.7b

Inventories

3.5b678.0m(3.2b)

Accounts Payable

(4.9b)199.0m(436.0m)
Half Year
USDH1, 2019H1, 2020

Net Income

(158.0m)(4.5b)

Depreciation and Amortization

3.2b3.1b

Inventories

385.0m14.0m

Accounts Payable

617.0m(6.0b)
show all
USDFY, 2018

Revenue/Employee

1.4m

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.8 x
Show all financial metrics

Glencore Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020FY, 2020

Copper Produced, tonnes

1.45 m320.7 k342.3 k352.8 k355.4 k13.71 k293.3 k294.8 k346.6 k323.4 k1.26 m

Cobalt Produced, tonnes

42.2 k10.9 k10.4 k13.1 k11.9 k46.3 k6.1 k8.2 k7.3 k5.8 k27.4 k

Zinc Produced, tonnes

1.07 m262.3 k273.6 k273.3 k268.3 k1.08 m295.6 k254.5 k310 k310.3 k1.17 m

Lead Produced, tonnes

273.3 k73.9 k73.6 k72.3 k60.2 k280 k61.7 k66.2 k66.4 k65.1 k259.4 k
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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 Revenue Breakdown

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Glencore revenue breakdown by business segment: 25.0% from Industrial Activities and 75.0% from Marketing Activities

Glencore revenue breakdown by geographic segment: 42.4% from Asia, 18.1% from The Americas, 30.0% from Europe and 9.5% from Other

Human Capital Metrics

Source: www.glencore.com, uploads2.craft.co
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Glencore Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

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Glencore Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Glencore Online and Social Media Presence

Glencore's Trends

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Glencore Company Culture

  • CEO Rating

    F

    55/100

  • Compensation

    F

    10/100

Learn more on Comparably

Glencore News and Updates

July 09, 2021

Gupta Agrees Refinancing Deal With Glencore on Aluminum Unit

Sanjeev Gupta’s GFG Alliance has agreed a deal with Glencore Plc to refinance the group’s aluminum unit.
July 05, 2021

Glencore Names New Chairman to Complete Leadership Overhaul

Glencore Names New Chairman to Complete Leadership Overhaul
June 28, 2021

Falco Enters Into an Agreement in Principle With Glencore Regarding Horne 5 Development and Operating License

MONTREAL, June 28, 2021 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”) is pleased to announce that it has entered into an agreement in principle with Glencore Canada Corporation (“Glencore”) establishing the framework of the terms and conditions (the “Agreemen…
June 28, 2021

Billionaire Boss Ivan Glasenberg  Makes One Last Coal Deal in Final Days at Glencore

Billionaire Boss Ivan Glasenberg  Makes One Last Coal Deal in Final Days at Glencore
June 21, 2021

Glencore to Reopen One of World’s Biggest Cobalt Mines in Congo

Glencore to Reopen One of World’s Biggest Cobalt Mines in Congo
May 18, 2021

Global Silver (Demand, Supply & Production) Market Report 2021-2025 with Profiles of Glencore, Polymetal International, Fresnillo, Pan American Silver, First Majestic Silver & Asahi Refining

Dublin, May 18, 2021 (GLOBE NEWSWIRE) -- The "Global Silver Market (Demand, Supply & Production): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.
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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 145,000 employees.

  • What is Glencore revenue?

    Latest Glencore annual revenue is $142.3 b.

  • What is Glencore revenue per employee?

    Latest Glencore revenue per employee is $981.6 k.

  • Who are Glencore competitors?

    Competitors of Glencore include Banpu Power, Sempra Energy and Coal India.

  • 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.