Glencore
- Revenue$203.8 BFY, 2021
- Market Capitalization£58.8 B2022-08-03
OverviewSuggest Edit
Glencore (formerly known as Glencore Xstrata) is a natural resources company that specializes in the production, refinement, processing, storage, transport, and marketing of metals, minerals, and energy products. It offers metals and minerals, including zinc, copper, lead, alumina, aluminum, ferroalloys, nickel, cobalt, and iron ore, as well as thermal coal and crude oil, oil products, and natural gas. The company is also engaged in recycling of copper and precious metals, and end-of-life electronics.
| Type | Public | |
| Founded | 1974 | |
| HQ | Baar, CH | Map |
| Website | glencore.com | |
| Employee Ratings |
Recent NewsAll News
- Dow Jones Newswires: Glencore to pay $4.5 billion top-up shareholder returns after 1H profit soared
- Founder of Orange Telecom and Ex-Chairman of Glencore Joins Inery Blockchain as Chairman
- Glencore Places Order For Battery-Powered Mining Vehicles
- Dow Jones Newswires: Glencore raises coal price, cost guidance amid ‘unprecedented’ environment
Key People/Management at Glencore
Gary Nagle
Chief Executive Officer
Matt O'Neill
Chief Operating Officer, Australia
Troy Wilson
Chief Operating Officer, APAC
Peter Freyberg
Head of Industrial Assets
Shaun Teichner
General Counsel
Glencore Office Locations
Glencore has offices in Baar, San Jose, Brisbane City, Sydney and in 8 other locations
Baar, CH (HQ)
Baarermattstrasse 3
Brisbane City, AU
Level 10/160 Ann St
Sydney, AU
Level 44/1 Macquarie Pl
Douala, CM
Ave du General de Gaulle
Toronto, CA
100 King St W #6900
Kristiansand, NO
Vesterveien 31
Glencore Financials and Metrics
Glencore Revenue
Glencore's revenue was reported to be $203.75 b in FY, 2021
| USD | |
|---|---|
Revenue (FY, 2021) | 203.8b |
Gross profit (FY, 2021) | 18.8b |
Gross profit margin (FY, 2021), % | 9.2% |
Net income (FY, 2021) | 4.3b |
EBITDA (FY, 2021) | 17.4b |
EBIT (FY, 2021) | 9.0b |
Market capitalization (3-Aug-2022) | 58.8b |
Closing stock price (3-Aug-2022) | 4.5 |
Cash (31-Dec-2021) | 3.3b |
EV | 91.4b |
Glencore's current market capitalization is £58.8 b.
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 220.5b | 215.1b | 142.3b | 203.8b |
Cost of goods sold | (203.7b) | (201.3b) | (126.5b) | (185.0b) |
Gross profit | 16.8b | 14.1b | 15.9b | 18.8b |
Gross profit Margin, % | 8% | 7% | 11% | 9% |
Half Year
| USD | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Revenue | 107.1b | 71.0b | 93.8b |
Cost of goods sold | (101.1b) | (66.1b) | (86.0b) |
Gross profit | 6.0b | 4.9b | 7.9b |
Gross profit Margin, % | 6% | 7% | 8% |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 2.0b | 1.9b | 1.5b | 3.3b |
Accounts Receivable | 10.6b | 10.3b | 7.9b | 10.4b |
Prepaid Expenses | 4.1b | 4.1b | 3.5b | 3.0b |
Inventories | 20.6b | 20.0b | 23.0b | 28.5b |
Half Year
| USD | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Cash | 1.8b | 1.4b | 2.5b |
Accounts Receivable | 10.5b | 7.0b | 9.3b |
Prepaid Expenses | 4.3b | 3.8b | 3.2b |
Inventories | 20.4b | 19.7b | 24.8b |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 4.7b | (888.0m) | (5.1b) | 7.4b |
Depreciation and Amortization | 6.3b | 7.2b | 6.7b | 6.3b |
Inventories | 3.5b | 678.0m | (3.2b) | (5.7b) |
Accounts Payable | (4.9b) | 199.0m | (436.0m) | 6.4b |
Half Year
| USD | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Net Income | 519.0m | (5.2b) | 2.0b |
Depreciation and Amortization | 3.2b | 3.1b | 3.1b |
Inventories | 385.0m | 14.0m | (1.8b) |
Accounts Payable | 617.0m | (6.0b) | 4.8b |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 1.4m |
Debt/Equity | 0.8 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.8 x |
Glencore Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q4, 2020 | FY, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Copper Produced, tonnes | 1.45 m | 320.7 k | 342.3 k | 352.8 k | 355.4 k | 13.71 k | 293.3 k | 294.8 k | 346.6 k | 323.4 k | 1.26 m |
Cobalt Produced, tonnes | 42.2 k | 10.9 k | 10.4 k | 13.1 k | 11.9 k | 46.3 k | 6.1 k | 8.2 k | 7.3 k | 5.8 k | 27.4 k |
Zinc Produced, tonnes | 1.07 m | 262.3 k | 273.6 k | 273.3 k | 268.3 k | 1.08 m | 295.6 k | 254.5 k | 310 k | 310.3 k | 1.17 m |
Lead Produced, tonnes | 273.3 k | 73.9 k | 73.6 k | 72.3 k | 60.2 k | 280 k | 61.7 k | 66.2 k | 66.4 k | 65.1 k | 259.4 k |
Glencore Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| ALE Combustiveis | August 31, 2018 | $141 m |
| TRT | November 30, 2015 | $193 m |
| Magdeburg | March 31, 2015 | $134 m |
| Sable Zinc | June 01, 2011 | $29 m |
| Biopetrol Industries | December 29, 2009 | |
| Access World Group | ||
| African Carbon Producers (Pty) Ltd | ||
| African Fine Carbon (Pty) Ltd | ||
| ALE Combustiveis | ||
| AR Zinc Group |
Glencore Revenue Breakdown
Glencore revenue breakdown by business segment: 89.2% from MARKETING ACTIVITIES, 27.8% from INDUSTRIAL and -17.0% from Other
Glencore revenue breakdown by geographic segment: 18.6% from THE AMERICAS, 31.6% from EUROPE, 42.5% from ASIA and 7.3% from Other
Glencore Cybersecurity Score
Glencore Environment, Social & Governance (ESG) Ratings
Glencore Online and Social Media Presence
169.16k Twitter followers
Glencore has 169.16k Twitter Followers. The number of followers has increased 0.1% month over month and increased 1.6% quarter over quarter
Glencore's Trends
Twitter Engagement Stats for @glencore
3.5k
Tweets
544
Following
169.2k
Followers
18
Tweets last 30 days
8.2
Avg. likes per Tweet
88.9%
Tweets with engagement
Glencore News and Updates
August 04, 2022
Dow Jones Newswires: Glencore to pay $4.5 billion top-up shareholder returns after 1H profit soared
Glencore PLC on Thursday reported a significantly improved profit for the first half of the year and said that it will pay $4.5 billion in "top-up" shareholder returns.
August 02, 2022
Founder of Orange Telecom and Ex-Chairman of Glencore Joins Inery Blockchain as Chairman
Dubai, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Ex-chairman of Glencore, ex-head of Deutsche Bank in Asia, ex- group MD of Hutchison Whampoa Limited, present executive director of General Enterprise Management Services Ltd (GEMS) are just some of the many titles that Simon Murray has achieved in his 60 …
July 10, 2022
Glencore Places Order For Battery-Powered Mining Vehicles
Glencore is using electric mining machines from Epiroc to provide emissions free raw materials for electric vehicles.
June 17, 2022
Dow Jones Newswires: Glencore raises coal price, cost guidance amid ‘unprecedented’ environment
"Unprecedented dislocation" in energy markets has resulted in record pricing differentials between coal benchmarks and quality categories, says Glencore.
May 26, 2022
Bribery Scandal To Cost Glencore $1.1B — Billionaire Execs Avoid Blame, For Now
Commodities trading giant Glencore International has admitted to a decade-long scheme of bribery and market manipulation and will pay $1.1 billion in criminal fines — while its cadre of billionaire traders go free, for now.
May 08, 2022
Glencore & Li-Cycle Partner For Battery Recycling
Li-Cycle and Glencore have announced a long-term battery supply agreement to better serve the EV battery supply chain. The agreement is a global feedstock supply agreement. Glencore will supply a wide variety of manufacturing scrap as well as end-of-life lithium-ion batteries to Li-Cycle. The two co…
Glencore Frequently Asked Questions
When was Glencore founded?
Glencore was founded in 1974.
Who are Glencore key executives?
Glencore's key executives are Gary Nagle, Matt O'Neill and Troy Wilson.
How many employees does Glencore have?
Glencore has 145,000 employees.
What is Glencore revenue?
Latest Glencore annual revenue is $203.8 b.
What is Glencore revenue per employee?
Latest Glencore revenue per employee is $1.4 m.
Who are Glencore competitors?
Competitors of Glencore include Vale, China Shenhua Energy Company and Anglo American.
Where is Glencore headquarters?
Glencore headquarters is located at Baarermattstrasse 3, Baar.
Where are Glencore offices?
Glencore has offices in Baar, San Jose, Brisbane City, Sydney and in 8 other locations.
How many offices does Glencore have?
Glencore has 13 offices.
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