Glencore/£GLEN

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About Glencore

Glencore is a global diversified natural resources company headquartered in Baar, Switzerland. The company operates in three main segments: Metals and Minerals, Energy Products, and Agricultural Products. It is involved in the production, refinement, and trading of essential commodities including copper, zinc, nickel, coal, and oil. Glencore's assets are spread across a wide geographic footprint, with operations in over 35 countries. The company's integrated marketing and logistics business model allows it to manage supply and demand dynamics effectively, providing a competitive edge in the volatile commodities market. Founded in 1974, Glencore has grown through significant mergers and acquisitions, such as its merger with Xstrata in 2013.

Ticker

£GLEN
Sector

Primary listing

LSE

Employees

150,000

Headquarters

Baar, Switzerland

Glencore Metrics

BasicAdvanced
£42B
-
-£0.13
0.89
£0.07
2.06%

What the Analysts think about Glencore

Analyst ratings (Buy, Hold, Sell) for Glencore stock.

Bulls say / Bears say

Glencore expects full-year marketing EBIT to hit the midpoint of its raised $2.3–3.5 bn range, supporting robust trading profits in metals, coal, oil, and LNG following the Viterra sale.
The company has launched a $1 bn cost savings program across its industrial assets, aiming to improve operations and raise technical focus to boost margins by the end of 2026.
Copper prices reached a record $11,137/t on October 29, 2025, due to supply concerns, increasing revenue potential for large producers such as Glencore.
Glencore’s copper production dropped 17% year-on-year to 583,500 t in the first nine months of 2025, as lower ore grades at key mines signaled a reduction in industrial output capacity.
First-half adjusted EBITDA decreased 14% to $5.43 bn compared to H1 2024, as weaker coal prices and lower copper volumes pressured margins across the company’s industrial segment.
Political uncertainty before Argentina’s October 26 midterm elections has stalled mining investment decisions, putting Glencore’s long-term copper projects under the RIGI incentive regime at risk of delays.
Data summarised monthly by Lightyear AI. Last updated on 1 Nov 2025.

Glencore Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Glencore Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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