Glencore (Glencore) Pre-Tax Income

: $5,417 Mil (TTM As of Dec. 2023)

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Pretax income is the income that a company earns before paying income taxes. Glencore's pretax income for the six months ended in Dec. 2023 was $-582 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $5,417 Mil. Glencore's pretax margin was -0.53%.

During the past 13 years, Glencore's highest Pretax Margin was 8.94%. The lowest was -5.69%. And the median was 2.02%.

Glencore Pre-Tax Income Historical Data

The historical data trend for Glencore's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Glencore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-888.00

-5,116.00

7,375.00

22,879.00

5,417.00

Glencore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pre-Tax Income																5,361.00	16,012.00	6,867.00	5,999.00	-582.00

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Glencore's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Glencore Pre-Tax Income Distribution

For the Metals & Mining industry and Basic Materials sector, Glencore's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Glencore's Pre-Tax Income falls into.

Glencore Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Glencore's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	8699	+	0	+	-2515	+	615	+	-1382
	=	5,417

Glencore's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	3232	+	0	+	-1355	+	294	+	-2753
	=	-582

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $5,417 Mil.

Glencore (OTCPK:GLCNF) Pre-Tax Income Explanation

Glencore's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-582	/	110414
	=	-0.53%

During the past 13 years, Glencore's highest Pretax Margin was 8.94%. The lowest was -5.69%. And the median was 2.02%.

Glencore Pre-Tax Income Related Terms

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Glencore (Glencore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Glencore PLC (OTCPK:GLCNF) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

GLN:South Africa GLNCY:USA GLENl:UK GLEN:UK 8GC:Germany

Address

Baarermattstrasse 3, P.O. Box 1363, Baar, CHE, CH-6340

Website

https://www.glencore.com

Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's Marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It has also agreed to buy Teck's metallurgical coal business, with the deal likely closing in the third quarter of 2024.