Glencore annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Glencore Debt-to-Equity Ratio Growth & History (GLEN)
Glencore's debt-to-equity ratio was 1.07 for fiscal 2025.
View full Glencore company overviewGlencore annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.07 | 0.13 | +13.94% |
| 2024 | 2024-12-31 | 0.94 | 0.20 | +26.65% |
| 2023 | 2023-12-31 | 0.74 | 0.16 | +27.03% |
| 2022 | 2022-12-31 | 0.58 | −0.29 | −32.86% |
| 2021 | 2021-12-31 | 0.87 | −0.13 | −12.88% |
| 2020 | 2020-12-31 | 1.00 | — | — |
Glencore 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 | 1.08 | — | — |
| Q4 2025 | 2025-12-31 | 1.07 | 0.13 | +13.94% |
| Q4 2024 | 2024-12-31 | 0.94 | — | — |
Glencore debt-to-equity ratio trends
Over the last five fiscal years, Glencore's debt-to-equity ratio increased from 1.00 to 1.07, a change of 0.07. The latest reported quarter, Q2 2026, shows 1.08.
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.
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