Glencore Historical Income Statement

GLEN Stock   352.90  1.20  0.34%   
Historical analysis of Glencore PLC income statement accounts such as Selling General Administrative of 19.9 M or Selling And Marketing Expenses of 1.5 B can show how well Glencore PLC performed in making a profits. Evaluating Glencore PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Glencore PLC's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Glencore PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Glencore PLC is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glencore PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Glencore Income Statement Analysis

Glencore PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Glencore PLC shareholders. The income statement also shows Glencore investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Glencore PLC Income Statement Chart

At this time, Glencore PLC's Minority Interest is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 20.9 B in 2024, whereas Interest Expense is likely to drop slightly above 1.7 B in 2024.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from Glencore PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Glencore PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Glencore PLC income statement and represents the costs associated with goods and services Glencore PLC provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Glencore PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Glencore PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glencore PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Glencore PLC's Minority Interest is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 20.9 B in 2024, whereas Interest Expense is likely to drop slightly above 1.7 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.3B1.8B2.5B1.7B
Depreciation And Amortization6.3B7.0B6.6B4.9B

Glencore PLC income statement Correlations

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0.250.430.150.440.640.990.640.590.60.990.50.560.240.440.670.550.110.560.62-0.44-0.050.410.28
0.40.250.420.80.640.510.970.920.940.50.790.880.150.840.950.420.40.860.95-0.360.270.460.47
0.20.440.080.340.990.510.520.480.481.00.410.440.230.330.560.530.050.450.51-0.42-0.110.370.22
0.260.250.280.710.640.970.520.950.920.510.70.90.250.860.940.560.330.80.95-0.310.180.520.36
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0.190.430.070.330.990.51.00.510.470.480.40.440.230.320.550.530.050.440.5-0.42-0.110.370.21
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0.180.090.290.590.560.880.440.90.950.90.440.590.580.980.890.450.370.850.88-0.270.240.40.34
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0.210.080.290.580.440.840.330.860.930.890.320.590.980.590.840.360.430.840.85-0.210.240.390.36
0.450.30.40.750.670.950.560.940.940.970.550.740.890.290.840.520.420.910.96-0.260.260.430.38
-0.180.14-0.320.180.550.420.530.560.550.440.530.190.450.310.360.52-0.080.30.53-0.04-0.210.52-0.13
0.710.510.050.640.110.40.050.330.310.490.050.630.370.030.430.42-0.080.680.53-0.18-0.170.520.71
0.620.410.330.780.560.860.450.80.820.910.440.790.850.310.840.910.30.680.88-0.280.130.510.55
0.420.280.340.760.620.950.510.950.930.950.50.750.880.240.850.960.530.530.88-0.280.190.520.49
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0.03-0.530.840.15-0.050.27-0.110.180.210.2-0.110.090.240.060.240.26-0.21-0.170.130.190.04-0.69-0.18
0.270.63-0.510.510.410.460.370.520.440.470.370.540.40.00.390.430.520.520.510.52-0.29-0.690.5
0.580.320.220.630.280.470.220.360.340.480.210.640.34-0.170.360.38-0.130.710.550.49-0.49-0.180.5
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Glencore PLC Account Relationship Matchups

Glencore PLC income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization7.2B6.7B6.3B7.0B6.6B4.9B
Interest Expense1.9B1.6B1.3B1.8B2.5B1.7B
Selling General Administrative1.6B1.7B2.1B2.4B21M20.0M
Selling And Marketing Expenses1.4B1.7B2.1B2.4B2.1B1.5B
Total Revenue215.1B142.3B203.8B256.0B217.8B209.1B
Gross Profit4.7B3.7B12.4B27.3B10.8B7.9B
Other Operating Expenses211.8B140.3B193.4B231.2B209.1B202.8B
Operating Income1.9B(1.5B)7.2B19.7B8.7B4.7B
Ebit3.6B(3.5B)9.7B25.2B8.7B6.3B
Ebitda10.7B3.1B16.0B32.2B15.3B11.2B
Cost Of Revenue210.4B138.6B191.4B228.7B207.0B201.2B
Total Operating Expenses1.4B1.7B2.0B2.4B2.1B1.6B
Income Before Tax(888M)(5.1B)7.4B22.9B5.4B2.9B
Total Other Income Expense Net(2.5B)(7.1B)(3.0B)(2.0B)(3.3B)(3.4B)
Net Income(404M)(1.9B)5.0B17.3B4.3B2.2B
Income Tax Expense618M(1.2B)3.0B6.4B2.2B1.2B
Minority Interest(1.0B)(3.2B)625M809M1.1B1.1B
Net Income Applicable To Common Shares(404M)(1.9B)5.0B17.3B19.9B20.9B
Net Income From Continuing Ops(1.5B)(3.9B)4.3B16.5B3.2B3.4B
Tax Provision618M(1.2B)3.0B6.4B2.2B1.9B
Net Interest Income(1.7B)(1.5B)(1.1B)(1.3B)(1.9B)(2.0B)
Interest Income227M120M118M435M615M645.8M
Reconciled Depreciation7.2B6.7B6.3B7.0B6.0B7.0B

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When running Glencore PLC's price analysis, check to measure Glencore PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Glencore PLC is operating at the current time. Most of Glencore PLC's value examination focuses on studying past and present price action to predict the probability of Glencore PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glencore PLC's price. Additionally, you may evaluate how the addition of Glencore PLC to your portfolios can decrease your overall portfolio volatility.