Anglo American annual net debt
2020
2021
2022
2023
2024
2025
Anglo American Net Debt Growth & History (AAL)
Anglo American's net debt was $9.06B for fiscal 2025.
View full Anglo American company overviewAnglo American annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.06B | −$1.01B | −10.05% |
| 2024 | 2024-12-31 | $10.08B | −$762.0M | −7.03% |
| 2023 | 2023-12-31 | $10.84B | $4.87B | +81.69% |
| 2022 | 2022-12-31 | $5.96B | $2.17B | +57.02% |
| 2021 | 2021-12-31 | $3.80B | −$2.20B | −36.71% |
| 2020 | 2020-12-31 | $6.00B | — | — |
Anglo American quarterly net debt
Q4.24
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $8.58B | — | — |
| Q4 2025 | 2025-12-31 | $9.34B | −$1.30B | −12.25% |
| Q4 2024 | 2024-12-31 | $10.64B | — | — |
Anglo American net debt trends
Over the last five fiscal years, Anglo American's net debt increased from $6.00B to $9.06B, a change of $3.06B. The latest reported quarter, Q2 2026, shows $8.58B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Anglo American source filings ↗Community posts
Anglo American’s nickel-business sale faces possible EU objections
The European Commission is preparing antitrust objections to MMG’s purchase of Anglo American’s ($AAL-LSE) Brazilian nickel business, according to Reuters sources. The sources expected a formal statement of objections to follow. Anglo Ameri ...