Glencore Future Growth

Future criteria checks 1/6

Glencore's revenue is forecast to decline at 0.6% per annum while its annual earnings are expected to grow at 9.1% per year. EPS is expected to grow by 10.4% per annum. Return on equity is forecast to be 11.8% in 3 years.

Key information

9.1%

Earnings growth rate

10.4%

EPS growth rate

Metals and Mining earnings growth4.6%
Revenue growth rate-0.6%
Future return on equity11.8%
Analyst coverage

Good

Last updated24 Apr 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BMV:GLEN N - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026212,3856,3587,19613,91511
12/31/2025215,9356,3427,41113,68312
12/31/2024216,6374,6166,64312,29712
12/31/2023217,8294,2806,55211,036N/A
9/30/2023223,3977,0428,05412,486N/A
6/30/2023228,9649,8039,55513,936N/A
3/31/2023242,47413,5629,51913,798N/A
12/31/2022255,98417,3209,48213,659N/A
9/30/2022250,18316,5517,31511,377N/A
6/30/2022244,38115,7825,1479,095N/A
3/31/2022224,06610,3785,1958,978N/A
12/31/2021203,7514,9745,2428,860N/A
9/30/2021184,4673,4745,0058,596N/A
6/30/2021165,1821,9744,7678,331N/A
3/31/2021153,760361,9315,498N/A
12/31/2020142,338-1,903-9052,664N/A
9/30/2020160,491-2,566N/AN/AN/A
6/30/2020178,643-3,230-4193,735N/A
3/31/2020196,877-1,8171,7996,232N/A
12/31/2019215,111-4044,0178,729N/A
9/30/2019217,255227N/AN/AN/A
6/30/2019219,3998586,40411,254N/A
3/31/2019219,9622,1336,63811,407N/A
12/31/2018220,5243,4086,87211,559N/A
9/30/2018217,1344,7563,9148,303N/A
6/30/2018213,7436,1039565,047N/A
3/31/2018209,6105,9401,0944,932N/A
12/31/2017205,4765,7771,2314,817N/A
9/30/2017194,6433,942N/A5,527N/A
6/30/2017183,8102,107N/A6,236N/A
3/31/2017168,379682N/A5,535N/A
12/31/2016152,948-744N/A4,833N/A
9/30/2016147,934-2,790N/A7,023N/A
6/30/2016142,919-4,836N/A9,212N/A
3/31/2016145,135-5,028N/A11,215N/A
12/31/2015147,351-5,220N/A13,218N/A
9/30/2015164,109-2,708N/A12,212N/A
6/30/2015180,866-197N/A11,205N/A
3/31/2015200,9701,056N/A9,671N/A
12/31/2014221,0732,308N/A8,136N/A
9/30/2014227,8982,684N/A7,580N/A
6/30/2014234,7233,060N/A7,023N/A
3/31/2014233,709-2,493N/A8,104N/A
12/31/2013232,694-8,046N/A9,184N/A
9/30/2013225,604-9,351N/A8,914N/A
6/30/2013218,514-10,657N/A8,644N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GLEN N's forecast earnings growth (9.1% per year) is above the savings rate (7.7%).

Earnings vs Market: GLEN N's earnings (9.1% per year) are forecast to grow slower than the MX market (11.2% per year).

High Growth Earnings: GLEN N's earnings are forecast to grow, but not significantly.

Revenue vs Market: GLEN N's revenue is expected to decline over the next 3 years (-0.6% per year).

High Growth Revenue: GLEN N's revenue is forecast to decline over the next 3 years (-0.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GLEN N's Return on Equity is forecast to be low in 3 years time (11.8%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/28 11:10
End of Day Share Price 2024/01/30 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Glencore plc is covered by 42 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Teun TeeuwisseABN AMRO Bank N.V.
Pierre-Yves GauthierAlphaValue
Wade NapierAvior Capital Markets