Glencore PLC

GLEN: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Glencore Earnings: Dividend Higher Than Expected Despite a Soft Result

Jon Mills

Feb 19, 2026

Glencore's 2025 adjusted net profit after tax fell 37% to USD 2.3 billion or USD 0.19 per share. This was mainly due to lower copper sales volumes in its Industrials business, while weaker energy and metallurgical coal markets impacted its marketing business.

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Glencore PLC

Glencore Earnings: Dividend Higher Than Expected Despite a Soft Result

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