Glencore annual net debt
2020
2021
2022
2023
2024
2025
Glencore Net Debt Growth & History (GLEN)
Glencore's net debt was $38.54B for fiscal 2025.
View full Glencore company overviewGlencore annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $38.54B | $2.82B | +7.90% |
| 2024 | 2024-12-31 | $35.72B | $5.40B | +17.82% |
| 2023 | 2023-12-31 | $30.32B | $3.46B | +12.89% |
| 2022 | 2022-12-31 | $26.85B | −$4.55B | −14.48% |
| 2021 | 2021-12-31 | $31.40B | −$4.58B | −12.73% |
| 2020 | 2020-12-31 | $35.98B | — | — |
Glencore quarterly net debt
Q4.24
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $41.63B | — | — |
| Q4 2025 | 2025-12-31 | $38.63B | $2.69B | +7.49% |
| Q4 2024 | 2024-12-31 | $35.94B | — | — |
Glencore net debt trends
Over the last five fiscal years, Glencore's net debt increased from $35.98B to $38.54B, a change of $2.56B. The latest reported quarter, Q2 2026, shows $41.63B.
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.
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