Anglo American (LSE:AAL) Debt-to-EBITDA : (As of Jun. 2026)

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LSE:AAL Anglo American PLC LSE:AAL
54 GF Score
Price £39.55
GF Value £19.26
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Anglo American Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Anglo American's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was £936 Mil. Anglo American's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was £12,069 Mil. Anglo American's annualized EBITDA for the quarter that ended in Jun. 2026 was £5,550 Mil. Anglo American's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.34.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Anglo American's Debt-to-EBITDA or its related term are showing as below:

LSE:AAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.62   Med: 1.48   Max: 11.31
Current: 3.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of Anglo American was 11.31. The lowest was 0.62. And the median was 1.48.

LSE:AAL's Debt-to-EBITDA is ranked worse than
74.27% of 614 companies
in the Metals & Mining industry
Industry Median: 1.03 vs LSE:AAL: 3.51

Anglo American  (LSE:AAL) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Anglo American Debt-to-EBITDA Related Terms

Anglo American Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Anglo American's Debt-to-EBITDA 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.

Anglo American Debt-to-EBITDA Chart

Anglo American Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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Anglo American Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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Anglo American Debt-to-EBITDA Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Anglo American's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.

Anglo American Debt-to-EBITDA vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Anglo American's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Anglo American's Debt-to-EBITDA falls into.


LSE:AAL
54GF Score
Anglo American PLC LSE:AAL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anglo American Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Anglo American's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(799.22679454441 + 10710.382513681) / 2974.4509966821
=3.87

Anglo American's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(935.76944810986 + 12069.316255452) / 5550.2569975302
=2.34

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Jun. 2026) EBITDA data.

Is Anglo American (LSE:AAL) Overvalued in 2026?

Based on GuruFocus' analysis, Anglo American stock appears to be overvalued. The current stock price of £39.55 is trading 105.3% above its estimated GF Value™ of £19.26. GuruFocus considers Anglo American to be Significantly Overvalued.

Key valuation signals for LSE:AAL:

  • Debt-to-EBITDA:
  • GF Value™: £19.26 vs. price of £39.55 (105.3% above fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the LSE:AAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Anglo American Business Description

Address 17 Charterhouse Street, London, GBR, EC1N 6RA
Previously one of the more diversified major miners, in May 2024 Anglo American announced that it will restructure to focus on copper, iron ore, and crop nutrients, while selling or spinning off its other businesses. It sold out of platinum group metals in September 2025, and will likely sell or demerge and spin off its majority-owned De Beers diamonds business, in most years the world's largest supplier and marketer of rough gem diamonds by value. It is again trying to sell its remaining metallurgical coal mines after Peabody pulled out of a deal to buy them. Anglo also plans to move back into the crop nutrients business via its Woodsmith polyhalite project in the UK. In September 2025, it also agreed to merge with Teck, with the deal likely to complete in late 2026 or early 2027.
54GF Score

Get the complete analysis for LSE:AAL

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£39.55
Price
£19.26
GF Value