Anglo American annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Anglo American Debt-to-Equity Ratio Growth & History (AAL)
Anglo American's debt-to-equity ratio was 0.86 for fiscal 2025.
View full Anglo American company overviewAnglo American annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.86 | −0.02 | −1.81% |
| 2024 | 2024-12-31 | 0.88 | 0.20 | +29.96% |
| 2023 | 2023-12-31 | 0.67 | 0.15 | +28.35% |
| 2022 | 2022-12-31 | 0.53 | 0.06 | +13.81% |
| 2021 | 2021-12-31 | 0.46 | −0.06 | −11.69% |
| 2020 | 2020-12-31 | 0.52 | — | — |
Anglo American quarterly debt-to-equity ratio
Q4.24
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.01 | — | — |
| Q4 2025 | 2025-12-31 | 0.86 | −0.02 | −1.81% |
| Q4 2024 | 2024-12-31 | 0.88 | — | — |
Anglo American debt-to-equity ratio trends
Over the last five fiscal years, Anglo American's debt-to-equity ratio increased from 0.52 to 0.86, a change of 0.34. The latest reported quarter, Q2 2026, shows 1.01.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Anglo American source filings ↗Community posts
Anglo American’s nickel-business sale faces possible EU objections
The European Commission is preparing antitrust objections to MMG’s purchase of Anglo American’s ($AAL-LSE) Brazilian nickel business, according to Reuters sources. The sources expected a formal statement of objections to follow. Anglo Ameri ...