Glencore (LSE:GLEN) FCF Margin %: 1.01% (As of Dec. 2025) — 47% Below Median


LSE:GLEN Glencore PLC LSE:GLEN
73 GF Score
Price £5.22
GF Value £4.57
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Glencore FCF Margin %?

Glencore LSE:GLEN -2.54% 73 FCF Margin % is 1.01% as of Dec. 2025, which is 47% below its 10-year median of 1.90. GuruFocus rates LSE:GLEN with a GF Score™ of 73/100 and a GF Value™ of £4.57 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 847 Metals & Mining companies, Glencore ranks better than 54.78% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Glencore's Free Cash Flow for the six months ended in Dec. 2025 was £977 Mil. Glencore's Revenue for the six months ended in Dec. 2025 was £97,214 Mil. Therefore, Glencore's FCF Margin % for the quarter that ended in Dec. 2025 was 1.01%.

As of today, Glencore's current FCF Yield % is -0.32%.

The historical rank and industry rank for Glencore's FCF Margin % or its related term are showing as below:

LSE:GLEN' s FCF Margin % Range Over the Past 10 Years
Min: -0.64   Med: 1.9   Max: 3.7
Current: -0.11


During the past 13 years, the highest FCF Margin % of Glencore was 3.70%. The lowest was -0.64%. And the median was 1.90%.

LSE:GLEN's FCF Margin % is ranked better than
54.78% of 847 companies
in the Metals & Mining industry
Industry Median: -2.17 vs LSE:GLEN: -0.11


Glencore FCF Margin % Related Terms


Glencore FCF Margin % Historical Data

* Premium members only.

The historical data trend for Glencore's FCF Margin % 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.

Glencore FCF Margin % Chart

Glencore Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 3.70 3.01 1.92 -0.12

Glencore Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.37 2.31 1.53 -1.36 1.01

Glencore FCF Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Glencore's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Glencore's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Glencore's FCF Margin % falls into.


LSE:GLEN
73GF Score
Glencore PLC LSE:GLEN
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Glencore FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Glencore's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-216.63/184908.645
=-0.12 %

Glencore's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=977.076/97213.833
=1.01 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 1.01% mean?
Glencore (LSE:GLEN) has a FCF Margin % of 1.01% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Glencore and its competitors. This is 47% below median its historical median of 1.90. According to the industry distribution chart, Glencore ranks #383 out of 847 companies in the Metals & Mining industry, placing it in the top 45.2%.
Is Glencore's FCF Margin % too high?
Glencore's current FCF Margin % of 1.01% is 47% below median its 10-year median of 1.90. Based on the distribution chart, Glencore ranks #383 out of 847 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Glencore has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glencore's FCF Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Glencore ranks #383 out of 847 companies for FCF Margin %. This puts Glencore in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Glencore and its competitors. Glencore's current FCF Margin % is 1.01%, which is 47% below median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glencore stock overvalued right now?
Based on GuruFocus' analysis, Glencore (LSE:GLEN) is currently considered Modestly Overvalued. The stock's GF Value™ is £4.57, compared to a current price of £5.22 — trading 14.2% above its estimated fair value. The current FCF Margin % is 1.01%, which is 47% below median its 10-year median of 1.90. Glencore's overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Glencore (LSE:GLEN), the current FCF Margin % is 1.01% 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 Glencore (LSE:GLEN) Overvalued in 2026?

Based on GuruFocus' analysis, Glencore stock appears to be overvalued. The current stock price of £5.22 is trading 14.2% above its estimated GF Value™ of £4.57. GuruFocus considers Glencore to be Modestly Overvalued.

Key valuation signals for LSE:GLEN:

  • FCF Margin %: 1.01% (47% below median its 10-year median of 1.90)
  • GF Value™: £4.57 vs. price of £5.22 (14.2% above fair value)
  • GF Score™: 73/100 with 11 warning signs

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


Glencore Business Description

Address Baarermattstrasse 3, Baar, CHE, CH-6340
Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, and energy products. Its marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Its mining or industrials business produces thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners who are generally reducing their exposure to coal, it 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. We agree. It also expanded its coking coal exposure via the purchase of 77% of Teck's metallurgical coal business in July 2024.
73GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£5.22
Price
£4.57
GF Value