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Anglo AmericanXSWX:AAM 44 Debt-to-Equity is 0.86 as of Dec. 2025, which is 65% above its 10-year median of 0.52. GuruFocus rates XSWX:AAM with a GF Score™ of 44/100 and a GF Value™ of CHF15.32 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,221 Metals & Mining companies, Anglo American ranks worse than 84.85% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Anglo American's Debt-to-Equity or its related term are showing as below:
XSWX:AAM'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.52 Max: 0.88
Current: 0.86
During the past 13 years, the highest Debt-to-Equity Ratio of Anglo American was 0.88. The lowest was 0.38. And the median was 0.52.
XSWX:AAM's Debt-to-Equity is ranked worse than 84.85% of 1221
companies
in the Metals & Mining industry
Industry Median: 0.15
vs XSWX:AAM: 0.86
Anglo American (XSWX:AAM) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Anglo American Debt-to-Equity Related Terms
Anglo American Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Anglo American's Debt-to-Equity 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-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Anglo American's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Anglo American's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Anglo American's Debt-to-Equity falls into.
* 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 (XSWX:AAM) has a Debt-to-Equity of 0.86 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Anglo American and its competitors. This is 65% above median its historical median of 0.52. Over the past decade, Anglo American's Debt-to-Equity has ranged from 0.38 to 0.88. According to the industry distribution chart, Anglo American ranks #1036 out of 1221 companies in the Metals & Mining industry, placing it in the top 84.8%.
Is Anglo American's Debt-to-Equity too high?
Anglo American's current Debt-to-Equity of 0.86 is 65% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.88. The Metals & Mining industry median Debt-to-Equity is 0.15. Anglo American's value of 0.86 is 473.3% above this industry median. Based on the distribution chart, Anglo American ranks #1036 out of 1221 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Anglo American has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anglo American's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Anglo American ranks #1036 out of 1221 companies for Debt-to-Equity. This places Anglo American in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Anglo American's value of 0.86 is 473.3% above this benchmark. Historically, Anglo American's own Debt-to-Equity has ranged from 0.38 to 0.88 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.15, Anglo American has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,221 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anglo American's current Debt-to-Equity of 0.86 is 473.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Anglo American and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anglo American's current Debt-to-Equity is 0.86, which is 65% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anglo American stock overvalued right now?
Based on GuruFocus' analysis, Anglo American (XSWX:AAM) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF15.32, compared to a current price of CHF39.80 — trading 159.8% above its estimated fair value. The current Debt-to-Equity is 0.86, which is 65% above median its 10-year median of 0.52 and 473.3% above the Metals & Mining industry median of 0.15. Anglo American's overall GF Score™ is 44/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Anglo American (XSWX:AAM), the current Debt-to-Equity is 0.86 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Anglo American (XSWX:AAM) Overvalued in 2026?
Based on GuruFocus' analysis, Anglo American stock appears to be overvalued.
The current stock price of CHF39.80 is trading 159.8% above its estimated GF Value™ of CHF15.32.
GuruFocus considers Anglo American to be Significantly Overvalued.
Key valuation signals for XSWX:AAM:
Debt-to-Equity: 0.86 (65% above median its 10-year median of 0.52)
GF Value™: CHF15.32 vs. price of CHF39.80 (159.8% above fair value)
Industry Position: 473.3% above the Metals & Mining median (#1036 of 1221)
No single metric tells the full story. See the XSWX:AAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
44GF Score
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