Glencore plc

LSE-GLEN

Basic

Market Cap
£52.54B
EV
£72.61B
Shares Out
12.15B
Revenue
$217.83B
Employees
83,426

Margins

Gross
4.85%
EBITDA
6.93%
Operating
3.89%
Pre-Tax
2.49%
Net
1.96%
FCF
3.01%

Returns (5Yr Avg)

ROA
3.78%
ROTA
12.37%
ROE
12.02%
ROCE
10.69%
ROIC
4.42%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
£5.26
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
$1,946M
Net Debt
$30.9B
Debt/Equity
0.86
EBIT/Interest
3.37

Growth (CAGR)

Rev 3Yr
15.24%
Rev 5Yr
-0.25%
Rev 10Yr
-0.66%
Dil EPS 3Yr
33.17%
Dil EPS 5Yr
7.21%
Dil EPS 10Yr
-7.36%
Rev Fwd 2Yr
0.58%
EBITDA Fwd 2Yr
5.68%
EPS Fwd 2Yr
0.1%
EPS LT Growth Est
-11.41%

Dividends

Yield
—
Payout
37.74%
DPS
$0.13
DPS Growth 3Yr
2.7%
DPS Growth 5Yr
-8.25%
DPS Growth 10Yr
-2.36%
DPS Growth Fwd 2Yr
22.77%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
Impairment of Oil, Gas & Mineral Properties		—	—			763	3,852	531	981	1,304
Total Revenues						215,111	142,338	203,751	255,984	217,829
Total Revenues % Chg.						-2.5%	-33.8%	43.1%	25.6%	-14.9%
Cost of Goods Sold, Total						210,503	138,640	191,303	228,519	207,266
Gross Profit						4,608	3,698	12,448	27,465	10,563
Selling General & Admin Expenses, Total						1,391	1,681	2,115	2,430	2,105
Provision for Bad Debts	—	—	—	—	—	—	—	—	256	-21
Impairment of Oil, Gas & Mineral Properties		—				763	3,852	531	—	—
Other Operating Expenses	—	—	—	—	—	—	232	—	—	—
Other Operating Expenses, Total						2,154	5,765	2,646	2,686	2,084
Operating Income						2,454	-2,067	9,802	24,779	8,479
Interest Expense, Total						-1,940	-1,573	-1,348	-1,771	-2,515
Interest And Investment Income						276	152	231	480	621
Net Interest Expenses						-1,664	-1,421	-1,117	-1,291	-1,894
Income (Loss) On Equity Invest.						114	444	2,618	2,300	1,337
Currency Exchange Gains (Loss)		—	—	—	—	—	-192	-187	-349	46
Other Non Operating Income (Expenses)	—	—	—	—	—	-248	-435	-304	-1,175	-982
EBT, Excl. Unusual Items						656	-3,671	10,812	24,264	6,986
Restructuring Charges	—			—	—	-173	-214	—	—	-40
Merger & Related Restructuring Charges		—	—	—		-6	—	—	—	—
Impairment of Goodwill	—		—	—	—	-50	—	—	—	—
Gain (Loss) On Sale Of Investments						-90	574	-269	-273	-103
Gain (Loss) On Sale Of Assets		—	—	—		-43	-36	-607	1,287	850
Asset Writedown						-1,141	-1,656	-921	-2,097	-2,108
Legal Settlements	—					-159	-113	-1,640	-302	-168
Other Unusual Items						118	—	—	—	—
EBT, Incl. Unusual Items						-888	-5,116	7,375	22,879	5,417
Income Tax Expense						618	-1,170	3,026	6,368	2,207
Earnings From Continuing Operations						-1,506	-3,946	4,349	16,511	3,210
Earnings Of Discontinued Operations	—			—	—	—	—	—	—	—
Minority Interest						1,102	2,043	625	809	1,070
Net Income						-404	-1,903	4,974	17,320	4,280
Net Income to Common Incl Extra Items						-404	-1,903	4,974	17,320	4,280
Net Income to Common Excl. Extra Items						-404	-1,903	4,974	17,320	4,280
Total Shares Outstanding						13,194.3	13,221.3	13,096.6	12,764.9	12,173.4
Weighted Avg. Shares Outstanding						13,684.1	13,216.9	13,204.1	13,042.3	12,425.8
Weighted Avg. Shares Outstanding Dil						13,684.1	13,216.9	13,336.6	13,140.8	12,537.9
EPS						-0	-0.1	0.4	1.3	0.3
EPS Diluted						-0	-0.1	0.4	1.3	0.3
EBITDA						9,981	7,937	16,029	32,174	15,099
Effective Tax Rate						-69.6%	22.9%	41%	27.8%	40.7%