Financials Glencore plc

Equities

Market Closed - London S.E. Other stock markets 11:35:08 2024-10-11 am EDT			5-day change	1st Jan Change
424.25 ^GBX	+0.53%		-2.04%	-10.14%

Oct. 09	FTSE 100 rallies as US markets climb ahead of CPI	AN
Oct. 09	Glencore's ex-head of oil faces 2027 trial in UK court on bribery charges	RE

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	215,111	142,338	203,751	255,984	217,829	232,067	228,636	226,384
Change	-	-33.83%	43.15%	25.64%	-14.91%	6.54%	-1.48%	-0.98%
EBITDA ¹	11,601	11,560	21,323	34,060	17,102	15,385	18,343	18,711
Change	-	-0.35%	84.46%	59.73%	-49.79%	-10.04%	19.23%	2.01%
EBIT ¹	4,151	4,416	14,495	26,657	10,392	7,702	10,322	10,499
Change	-	6.38%	228.24%	83.9%	-61.02%	-25.88%	34.02%	1.72%
Interest Paid ¹	-1,713	-1,453	-1,140	-1,336	-1,900	-2,232	-2,044	-1,769
Earnings before Tax (EBT) ¹	-888	-5,116	7,375	22,879	5,417	4,225	8,237	8,926
Change	-	476.13%	-	210.22%	-76.32%	-22.01%	94.97%	8.37%
Net income ¹	-404	-1,903	4,974	17,320	4,280	2,885	5,693	6,171
Change	-	371.04%	-	248.21%	-75.29%	-32.59%	97.32%	8.4%
Announcement Date	2/18/20	2/16/21	2/15/22	2/15/23	2/21/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2
Net sales ¹	70,961	71,377	93,805	109,946	134,435	121,549	107,415	110,414	117,091	109,615	105,527	105,744
Change	-	0.59%	31.42%	17.21%	22.27%	-9.59%	-11.63%	2.79%	6.05%	-6.38%	-3.73%	0.21%
EBITDA	4,833	6,727	8,654	12,669	18,918	15,142	9,397	7,705	6,335	-	-	-
Change	-	39.19%	28.65%	46.39%	49.33%	-19.96%	-37.94%	-18.01%	-17.78%	-100%	-	-
EBIT ¹	1,472	2,944	5,305	9,190	15,415	11,242	6,305	4,087	2,850	5,816	5,468	5,714
Change	-	100%	80.2%	73.23%	67.74%	-27.07%	-43.92%	-35.18%	-30.27%	104.08%	-5.98%	4.49%
Charge d'intérêts	-	-	-	-	-	-740	-839	-	-	-	-	-
Earnings before Tax (EBT)	-5,175	59	2,014	5,361	16,012	6,867	5,999	-	-370	-	-	-
Change	-	-	3,313.56%	166.19%	198.68%	-57.11%	-12.64%	-100%	-	100%	-	-
Net income	-2,600	697	1,277	3,697	12,085	5,235	4,568	-	-233	-	-	-
Change	-	-	83.21%	189.51%	226.89%	-56.68%	-12.74%	-100%	-	100%	-	-
Announcement Date	8/6/20	2/16/21	8/5/21	2/15/22	8/4/22	2/15/23	8/8/23	2/21/24	8/7/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	35,144	35,428	31,400	26,854	30,316	32,820	29,008	25,123
Change	-	0.81%	-11.37%	-14.48%	12.89%	8.26%	-11.61%	-13.39%
Announcement Date	2/18/20	2/16/21	2/15/22	2/15/23	2/21/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	4,712	3,921	3,618	4,177	4,484	5,403	5,795	5,466
Change	-	-16.79%	-7.73%	15.45%	7.35%	20.49%	7.26%	-5.66%
Free Cash Flow (FCF) ¹	4,017	-1,257	5,242	9,482	6,552	6,279	6,773	8,287
Change	-	-131.29%	-517.02%	80.89%	-30.9%	-4.17%	7.87%	22.36%
Announcement Date	2/18/20	2/16/21	2/15/22	2/15/23	2/21/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	5.39%	8.12%	10.47%	13.31%	7.85%	6.63%	8.02%	8.27%
EBIT Margin (%)	1.93%	3.1%	7.11%	10.41%	4.77%	3.32%	4.51%	4.64%
EBT Margin (%)	-0.41%	-3.59%	3.62%	8.94%	2.49%	1.82%	3.6%	3.94%
Net margin (%)	-0.19%	-1.34%	2.44%	6.77%	1.96%	1.24%	2.49%	2.73%
FCF margin (%)	1.87%	-0.88%	2.57%	3.7%	3.01%	2.71%	2.96%	3.66%
FCF / Net Income (%)	-994.31%	66.05%	105.39%	54.75%	153.08%	217.61%	118.96%	134.28%
Profitability
ROA	1.85%	-1.57%	7.43%	14.52%	5.22%	2.28%	4.53%	4.79%
ROE	5.68%	-4.89%	23.53%	42.27%	14.41%	9.16%	13.94%	13.73%
Financial Health
Leverage (Debt/EBITDA)	3.03x	3.06x	1.47x	0.79x	1.77x	2.13x	1.58x	1.34x
Debt / Free cash flow	8.75x	-28.18x	5.99x	2.83x	4.63x	5.23x	4.28x	3.03x
Capital Intensity
CAPEX / Current Assets (%)	2.19%	2.75%	1.78%	1.63%	2.06%	2.33%	2.53%	2.41%
CAPEX / EBITDA (%)	40.62%	33.92%	16.97%	12.26%	26.22%	35.12%	31.59%	29.21%
CAPEX / FCF (%)	117.3%	-311.93%	69.02%	44.05%	68.44%	86.05%	85.56%	65.96%
Items per share
Cash flow per share ¹	0.6336	0.2016	0.6643	1.039	0.88	0.8515	0.9421	0.9142
Change	-	-68.18%	229.53%	56.46%	-15.34%	-3.23%	10.63%	-2.96%
Dividend per Share ¹	0.2	-	0.26	0.44	0.13	0.1273	0.1703	0.2055
Change	-	-	-	69.23%	-70.45%	-2.06%	33.74%	20.7%
Book Value Per Share ¹	2.943	2.848	2.796	3.522	3.566	3.383	3.559	3.738
Change	-	-3.25%	-1.82%	25.96%	1.27%	-5.14%	5.2%	5.03%
EPS ¹	-0.03	-0.14	0.38	1.33	0.34	0.2294	0.4689	0.5047
Change	-	366.67%	-371.43%	250%	-74.44%	-32.54%	104.42%	7.63%
Nbr of stocks (in thousands)	13,194,320	13,221,312	13,094,998	12,762,238	12,169,709	12,157,132	12,157,132	12,157,132
Announcement Date	2/18/20	2/16/21	2/15/22	2/15/23	2/21/24	-	-	-