Glencore

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.
TypePublic
Founded1974
HQBaar, CH
Websiteglencore.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2020)145,000(-9%)
Job Openings258
Revenue (FY, 2021)$203.8 B(+44%)
Share Price (Aug 2022)£4.5
Cybersecurity ratingCMore
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Key People/Management at Glencore

Gary Nagle

Gary Nagle

Chief Executive Officer
Matt O'Neill

Matt O'Neill

Chief Operating Officer, Australia
Troy Wilson

Troy Wilson

Chief Operating Officer, APAC
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, 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
Show all (13)

Glencore Financials and Metrics

Glencore Revenue

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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
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

220.5b215.1b142.3b203.8b

Cost of goods sold

(203.7b)(201.3b)(126.5b)(185.0b)

Gross profit

16.8b14.1b15.9b18.8b

Gross profit Margin, %

8%7%11%9%
Half Year
USDH1, 2019H1, 2020H1, 2021

Revenue

107.1b71.0b93.8b

Cost of goods sold

(101.1b)(66.1b)(86.0b)

Gross profit

6.0b4.9b7.9b

Gross profit Margin, %

6%7%8%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

2.0b1.9b1.5b3.3b

Accounts Receivable

10.6b10.3b7.9b10.4b

Prepaid Expenses

4.1b4.1b3.5b3.0b

Inventories

20.6b20.0b23.0b28.5b
Half Year
USDH1, 2019H1, 2020H1, 2021

Cash

1.8b1.4b2.5b

Accounts Receivable

10.5b7.0b9.3b

Prepaid Expenses

4.3b3.8b3.2b

Inventories

20.4b19.7b24.8b
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

4.7b(888.0m)(5.1b)7.4b

Depreciation and Amortization

6.3b7.2b6.7b6.3b

Inventories

3.5b678.0m(3.2b)(5.7b)

Accounts Payable

(4.9b)199.0m(436.0m)6.4b
Half Year
USDH1, 2019H1, 2020H1, 2021

Net Income

519.0m(5.2b)2.0b

Depreciation and Amortization

3.2b3.1b3.1b

Inventories

385.0m14.0m(1.8b)

Accounts Payable

617.0m(6.0b)4.8b
USDFY, 2018

Revenue/Employee

1.4m

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.8 x
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Glencore Operating Metrics

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: 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

Human Capital Metrics

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Glencore Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Glencore Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Glencore Online and Social Media Presence

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Glencore Company Culture

  • CEO Rating

    F

    55/100

  • Compensation

    F

    10/100

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Glencore News and Updates

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.

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 …

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.

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.

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.

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…
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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 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.