Logo

BG

Bunge Global S.A.

BG

Bunge Global S.A. • NYSE
$96.07 ▼ -0.42% (-0.41)
Market Cap $18.58 B
52w High $99.55
52w Low $67.40
Dividend Yield 2.78%
P/E 10.82
Volume 514.51K
Outstanding Shares 193.36M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $22.155B ▲ $678M ▲ $166M ▼ 0.749% ▼ $0.84 ▼ $698M ▼
Q2-2025 $12.769B ▲ $418M ▲ $354M ▲ 2.772% ▲ $2.63 ▲ $716M ▲
Q1-2025 $11.643B ▼ $380M ▼ $201M ▼ 1.726% ▼ $1.5 ▼ $508M ▼
Q4-2024 $13.542B ▲ $451M ▲ $602M ▲ 4.445% ▲ $4.49 ▲ $966M ▲
Q3-2024 $12.908B $437M $221M 1.712% $1.57 $568M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $3.719B ▼ $46.298B ▲ $29.007B ▲ $15.768B ▲
Q2-2025 $7.137B ▲ $31.154B ▲ $19.198B ▲ $10.883B ▲
Q1-2025 $3.883B ▲ $26.66B ▲ $15.067B ▲ $10.578B ▲
Q4-2024 $3.795B ▲ $24.899B ▼ $13.95B ▼ $9.913B ▼
Q3-2024 $3.014B $25.267B $14.109B $10.135B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $181M ▼ $854M ▲ $-5.422B ▼ $-917M ▼ $-5.487B ▼ $1.57B ▲
Q2-2025 $370M ▲ $-1.072B ▼ $178M ▲ $4.448B ▲ $3.563B ▲ $-1.478B ▼
Q1-2025 $204M ▼ $-285M ▼ $-280M ▼ $490M ▲ $-79M ▼ $-595M ▼
Q4-2024 $630M ▲ $1.053B ▼ $-157M ▲ $-466M ▼ $439M ▼ $564M ▼
Q3-2024 $233M $1.327B $-409M $764M $1.688B $973M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Agribusiness
Agribusiness
 $9.29Bn ▲$9.03Bn ▼$8.16Bn ▼$9.17Bn ▲
Milling Products
Milling Products
 $410.00M ▲$750.00M ▲$380.00M ▼$410.00M ▲
Refined and Specialty Oils
Refined and Specialty Oils
 $3.16Bn ▲$0 ▼$3.09Bn ▲$3.18Bn ▲
Sugar And Bioenergy
Sugar And Bioenergy
 $40.00M ▲$40.00M ▲$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Bunge’s sales have come down from the recent peak, reflecting a normalization after an unusually strong commodity cycle, but the company is still generating solid revenue for its size. Profitability has been positive throughout the past five years, with operating and net income generally healthy, though both have eased from the very strong levels seen a couple of years ago. Earnings per share show the same pattern: high but volatile, influenced by swings in agricultural prices, margins, and trading results. Overall, the income statement tells a story of a cyclical, profitable business coming off peak conditions rather than a structurally weak one.

Balance Sheet

Balance Sheet The balance sheet looks reasonably sturdy. Total assets have been fairly stable over time, suggesting a mature asset base rather than aggressive expansion at any cost. Cash levels have risen meaningfully compared with earlier years, which gives the company more flexibility and a cushion against shocks. Debt has ticked up recently but is still below the levels seen several years ago, while shareholders’ equity has steadily grown. This combination suggests a gradual strengthening of the capital base, though leverage still needs to be watched given the inherently volatile nature of the agricultural sector.

Cash Flow

Cash Flow Bunge’s cash flow profile has improved markedly. A few years ago, the company struggled with negative operating cash flow, which can be a red flag if it persists. More recently, operating cash flow has turned clearly positive, and free cash flow has also moved into positive territory, even as the company has increased its investment spending. This shift indicates better working capital management and more disciplined use of cash. The current picture is of a business that is now funding its investments from internal cash generation rather than relying heavily on borrowings, which is a healthier position.

Competitive Edge

Competitive Edge Bunge operates as one of the key global players in agricultural commodities and food ingredients, alongside a small group of large competitors. Its strength lies in a very broad international footprint, with assets spanning origination, storage, transport, processing, and distribution. This integrated network creates efficiencies, lowers per-unit costs, and makes it difficult for smaller rivals to match its reach. The planned integration with Viterra further deepens this global grain and oilseed network, likely enhancing scale and bargaining power. At the same time, the business remains exposed to intense competition and thin margins typical of commodity trading, so its advantage is meaningful but not unassailable—often described as a narrow moat rather than a wide one.

Innovation and R&D

Innovation and R&D Innovation at Bunge is less about lab-heavy research and more about applied technology, product development, and sustainability. The company is investing in digital tools that link farmers directly to global markets, improve decision-making, and enhance traceability across the supply chain. It is also pushing regenerative agriculture programs, supported by partnerships that bring in advanced analytics, sensors, and satellite monitoring to reduce deforestation risk and improve environmental performance. On the product side, Bunge is expanding in plant-based proteins and specialty oils, developing tailored ingredients for growing segments such as meat alternatives, plant-based dairy, and renewable fuels feedstocks. These moves aim to gradually tilt the business mix toward higher-value, more differentiated offerings rather than pure bulk commodities.

Summary

Bunge today looks like a mature, globally important agribusiness transitioning from a period of exceptional conditions back to more normal profitability, while quietly strengthening its financial footing. Revenue and earnings have cooled from their highs but remain solid, backed by a more robust balance sheet and much improved cash generation. Strategically, the company is leaning on its integrated global network and the upcoming Viterra combination to reinforce its scale advantage, while pushing into higher-value areas like plant-based ingredients, specialty oils, and renewable fuel feedstocks. Execution risks remain—especially around integration, commodity volatility, and regulatory pressures—but the overall picture is of a large, cyclical, reasonably well-capitalized operator that is trying to future-proof its business through digitalization and sustainability-focused innovation.

NEWS

November 5, 2025 · 6:00 AM UTC

Bunge Reports Third Quarter 2025 Results

Read more

October 16, 2025 · 9:00 AM UTC

Bunge Volunteers Serve ‘Hand in Hand' to Advance Food Security on World Food Day 2025

Read more

October 15, 2025 · 6:00 AM UTC

Bunge Announces Reporting Segment Changes and Recast Outlook

Read more

October 2, 2025 · 10:00 AM UTC

Bunge Schedules Third Quarter 2025 Earnings Release and Conference Call

Read more

September 29, 2025 · 12:00 PM UTC

Bunge to Provide Business Update Oct. 15

Read more