Bunge Ltd (BG) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$1.94	$2	+3.1%	—	$24B	—
Q1 26	$0.87	$1.83	+110.3%	—	$21.9B	—
Q3 25	$1.97	$2.27	+15.2%	—	$22.2B	—
Q2 25	$1.08	$1.31	+21.3%	—	$12.8B	—
Q1 25	$1.31	$1.81	+38.2%	—	$11.6B	—
Q4 24	$2.25	$2.13	-5.3%	—	$13.5B	—
Q3 24	$2.15	$2.29	+6.5%	—	$12.9B	—
Q2 24	$1.83	$1.73	-5.5%	—	$13.2B	—
Q1 24	$2.53	$3.04	+20.2%	—	$13.4B	—
Q4 23	$2.8	$3.7	+32.1%	—	$14.9B	—
Q3 23	$2.5	$2.99	+19.6%	—	$14.2B	—
Q2 23	$2.66	$3.72	+39.8%	—	$15B	—
Q1 23	$3.24	$3.26	+0.6%	—	$15.3B	—
Q4 22	$3.21	$3.24	+0.9%	—	$16.7B	—
Q3 22	$2.5	$3.45	+38.0%	—	$16.8B	—
Q2 22	$3.2	$2.97	-7.2%	—	$17.9B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.22	—	—	$70.3B	—
FY24	—	$8.49	—	—	$53.1B	—
FY23	—	$15.1	—	—	$59.5B	—
FY22	—	$10.7	—	—	$67.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$42.7B	$45.8B	$45.7B	$41.1B	$41.4B	$59.2B	$67.2B	$59.5B	$53.1B	$70.3B
YoY change	-1.79%	+7.3%	-0.11%	-10.1%	+0.64%	+42.9%	+13.7%	-11.4%	-10.8%	+32.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	42.7B	45.8B	45.7B	41.1B	41.4B	59.2B	67.2B	59.5B	53.1B	70.3B
Cost of revenue	40.3B	44B	43.5B	40.6B	38.6B	55.8B	63.5B	54.7B	49.7B	66.9B
Gross profit	2.4B	1.8B	2.3B	542M	2.8B	3.4B	3.7B	4.8B	3.4B	3.4B
Gross margin	5.65%	3.85%	4.95%	1.32%	6.73%	5.69%	5.48%	8.14%	6.39%	4.85%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.3B	1.4B	1.4B	1.4B	1.4B	1.2B	1.4B	1.7B	1.8B	2.1B
Operating expenses	1.3B	1.4B	1.4B	1.4B	1.4B	1.2B	1.4B	1.7B	1.8B	2.1B
Operating income	1.1B	328M	843M	-809M	1.4B	2.1B	2.3B	3.1B	1.6B	1.3B
Operating margin	2.64%	0.72%	1.84%	-1.97%	3.45%	3.6%	3.44%	5.26%	3.04%	1.84%
Non-operating income, net	53M	127M	-79M	-88M	229M	631M	85M	289M	215M	264M
Pretax income	996M	230M	456M	-1.2B	1.4B	2.6B	2.1B	3.1B	1.5B	1.1B
Income tax	220M	56M	179M	86M	248M	398M	388M	714M	336M	288M
Net income	767M	174M	287M	-1.3B	1.2B	2.2B	1.7B	2.3B	1.2B	843M
Net margin	1.8%	0.38%	0.63%	-3.14%	2.81%	3.66%	2.5%	3.93%	2.24%	1.2%
EBITDA	1.7B	1B	1.5B	-93M	2B	3.3B	2.9B	4B	2.7B	2.5B
EPS	5.08	0.9	1.65	-9.32	8.02	14.5	10.7	15.1	8.49	4.22
Diluted EPS	5.01	0.89	1.64	-9.34	7.71	13.6	10.5	14.9	7.99	4.22

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	14.2B	14.9B	13.4B	13.2B	12.9B	13.5B	11.6B	12.8B	22.2B	23.8B	21.9B	24B
Cost of revenue	13.2B	13.7B	12.5B	12.6B	12.1B	12.5B	11B	12B	21.1B	22.8B	21.1B	22.4B
Gross profit	1B	1.3B	876M	664M	772M	1.1B	597M	738M	1.1B	1B	766M	1.7B
Gross margin	7.35%	8.4%	6.53%	5.01%	5.98%	7.98%	5.13%	5.78%	4.8%	4.25%	3.5%	6.99%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	447M	495M	439M	449M	437M	451M	380M	418M	678M	637M	531M	606M
Operating expenses	447M	495M	439M	449M	437M	451M	380M	418M	678M	637M	531M	606M
Operating income	598M	759M	437M	215M	335M	630M	217M	320M	385M	374M	235M	1.1B
Operating margin	4.2%	5.08%	3.26%	1.62%	2.6%	4.65%	1.86%	2.51%	1.74%	1.57%	1.07%	4.47%
Non-operating income, net	—	235M	-2M	-26M	81M	162M	112M	234M	30M	-112M	-38M	22M
Pretax income	503M	879M	369M	103M	322M	730M	284M	494M	270M	86M	61M	943M
Income tax	114M	219M	117M	30M	89M	100M	80M	124M	86M	-2M	-14M	236M
Net income	389M	660M	252M	73M	233M	630M	204M	370M	181M	88M	75M	707M
Net margin	2.73%	4.42%	1.88%	0.55%	1.81%	4.65%	1.75%	2.9%	0.82%	0.37%	0.34%	2.94%
EBITDA	792M	1.1B	667M	377M	554M	1.1B	483M	672M	768M	593M	574M	1.4B
EPS	2.55	—	1.7	0.49	1.58	4.49	1.5	2.63	0.86	0.49	0.35	3.53
Diluted EPS	2.47	—	1.68	0.48	1.56	4.36	1.48	2.61	0.84	0.49	0.35	3.47

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	10.1B	9.4B	7.5B	8.2B	9.2B	13.2B	15B	15B	10.4B	—	21B
Enterprise value	13.8B	13.4B	12.4B	13.2B	16.6B	18.6B	19.4B	18.1B	13.7B	—	38.7B
Shares outstanding	139.5M	140.6M	141.1M	141.8M	139.8M	141.1M	149.9M	148.8M	134M	193.4M	193.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	13.1	54.2	26.3	—	7.87	6.08	8.91	6.43	8.77	—	23.5
P/S	0.24	0.21	0.16	0.2	0.22	0.22	0.22	0.25	0.2	—	0.23
P/B	1.37	1.28	1.11	1.27	1.38	1.6	1.5	1.27	0.95	—	1.31
EV/EBITDA	7.95	13.2	8.14	-141.9	8.44	5.68	6.7	4.52	5.18	—	12.4
EV/Sales	0.32	0.29	0.27	0.32	0.4	0.31	0.29	0.3	0.26	—	0.42
Earnings yield	7.61%	1.84%	3.81%	—	12.7%	16.5%	11.2%	15.6%	11.4%	—	4.26%
FCF yield	-3.35%	-28%	-23.3%	-16.3%	-42.6%	-25%	-40.8%	14.6%	5.03%	—	-30.9%
PEG	—	—	—	—	—	—	—	—	—	—	0.69

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	5.65%	3.85%	4.95%	1.32%	6.73%	5.69%	5.48%	8.14%	6.39%	4.85%	6.99%
Operating margin	2.64%	0.72%	1.84%	-1.97%	3.45%	3.6%	3.44%	5.26%	3.04%	1.84%	4.62%
Net margin	1.8%	0.38%	0.63%	-3.14%	2.81%	3.66%	2.5%	3.93%	2.24%	1.2%	1.1%
ROE	10.4%	2.37%	4.22%	-20.1%	17.6%	26.4%	16.8%	19.8%	10.9%	4.84%	7.18%
ROA	4%	0.92%	1.48%	-7.05%	4.92%	9.1%	6.83%	9.21%	4.77%	1.89%	3.47%
ROIC	7.94%	2.19%	4.41%	-7.06%	8.39%	13.2%	13.1%	16.1%	8.83%	3.11%	4.8%
Return on tangible assets	4.32%	1.01%	1.73%	-8.1%	5.44%	9.85%	7.32%	9.9%	5.09%	2.24%	2.66%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.44	1.67	1.54	1.55	1.47	1.77	1.75	2.13	2.15	1.61	1.57
Quick ratio	0.82	0.86	0.72	0.79	0.82	0.86	0.87	1.2	1.27	0.74	0.64
Debt / equity	0.65	0.65	0.79	0.89	1.22	0.83	0.56	0.49	0.65	0.91	0.98
Debt / assets	0.25	0.25	0.28	0.31	0.34	0.29	0.23	0.23	0.29	0.36	0.36
Net debt / EBITDA	2.13	3.92	3.18	-54.2	3.77	1.65	1.52	0.76	1.25	5.43	4.77
Interest coverage	5.26	1.87	2.35	-2.55	6.33	11.6	6.13	6.91	4.24	2.81	2.71
Effective tax rate	22.1%	24.3%	39.3%	0%	17.6%	15.5%	18.8%	23.4%	22%	25.4%	22.5%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	305.9	325.6	324.2	290.1	296.2	419.3	448.5	400.1	396.4	363.6	471.5
EPS (basic)	5.08	0.9	1.65	-9.32	8.02	14.5	10.7	15.1	8.49	4.22	4.22
EPS (diluted)	5.01	0.89	1.64	-9.34	7.71	13.6	10.5	14.9	7.99	4.22	4.65
Book value per share	52.6	52.3	48.2	45.3	47.4	58.2	66.4	79.4	81.7	90.1	83
FCF per share	-2.42	-18.7	-12.5	-9.39	-27.9	-23.3	-40.7	14.7	3.91	-4.54	-3.65
Cash per share	7.83	5.79	3.9	5.03	4.99	10.1	8.16	18.2	28.3	11.4	4.1
Capex per share	0.19	0.11	0.01	—	—	—	—	—	—	8.91	9.16

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.06%	0.03%	0%	—	—	—	—	—	—	2.45%	1.95%
Capex / operating cash flow	5.42%	-0.71%	-0.06%	—	—	—	—	—	—	204.1%	166.1%
Payout ratio	33.5%	161.5%	106.3%	-24.6%	27.1%	14.9%	20.8%	16.4%	31.8%	54.4%	60.8%
Dividend yield	2.55%	2.98%	4.04%	3.88%	3.45%	2.45%	2.33%	2.55%	3.63%	—	2.64%

Yield

2.64%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.72

ex-dividend Aug 18, 2026

Payout ratio

61%

of earnings

Dividend growth

5 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 18, 2026	$0.72
May 22, 2026	$0.72
Feb 17, 2026	$0.70

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$14.2B	$14.9B	$13.4B	$13.2B	$12.9B	$13.5B	$11.6B	$12.8B	$22.2B	$23.8B	$21.9B	$24B
YoY change	-15.1%	-10.3%	-12.5%	-12%	-9.27%	-9.33%	-13.2%	-3.56%	+71.6%	+75.5%	+87.8%	+88.3%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.1B	814M	551M	713M	698M	1.4B	1.2B	2.7B	3.8B	2.2B
Receivables	1.7B	1.5B	1.6B	1.7B	1.7B	2.1B	2.8B	2.6B	2.1B	3.9B
Inventory	4.8B	5.1B	5.9B	5B	7.2B	8.4B	8.4B	7.1B	6.5B	13.2B
Total current assets	11.1B	10.4B	11.1B	10.2B	16.2B	16.5B	16.8B	16.4B	16B	24.4B
Property, plant & equipment	2.6B	2.5B	2.4B	2.9B	2.7B	2.7B	2.9B	3.6B	4.2B	8.4B
Goodwill & intangibles	1.4B	1.7B	2.8B	2.4B	2.2B	1.8B	1.7B	1.8B	1.5B	6.9B
Total assets	19.2B	18.9B	19.4B	18.3B	23.7B	23.8B	24.6B	25.4B	24.9B	44.5B
Accounts payable	3.5B	3.4B	3.5B	2.8B	2.6B	4.3B	4.4B	3.7B	2.8B	4.9B
Short-term debt	1.7B	634M	1.2B	1.5B	3.1B	1.5B	1.8B	1.1B	1.8B	5.9B
Total current liabilities	7.7B	6.2B	7.2B	6.6B	11B	9.3B	9.6B	7.7B	7.4B	15.1B
Long-term debt	3.1B	4.2B	4.2B	4.3B	5B	5.3B	3.8B	4.6B	5.3B	9.9B
Total liabilities	11.8B	11.5B	12.6B	11.9B	17B	15.6B	14.6B	13.6B	13.9B	27.1B
Shareholders' equity	7.3B	7.4B	6.8B	6.4B	6.6B	8.2B	10B	11.8B	10.9B	17.4B
Total debt	4.8B	4.8B	5.4B	5.7B	8.1B	6.8B	5.6B	5.8B	7.1B	15.9B
Net debt	3.9B	4.2B	5B	5.4B	7.8B	5.9B	4.5B	3.2B	3.8B	14.7B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	2.3B	2.7B	3.1B	1.3B	3B	3.8B	3.9B	7.1B	3.7B	2.2B	1.7B	833M
Receivables	2.5B	2.6B	2.3B	2.3B	2.1B	2.1B	2.3B	2.3B	3.5B	3.9B	4B	3.9B
Inventory	7.5B	7.1B	7.5B	8.1B	7.5B	6.5B	7.8B	8B	13.3B	13.2B	15.4B	15.5B
Total current assets	16.6B	16.4B	16.7B	15.5B	15.9B	16B	17.4B	21.4B	26.7B	24.4B	27.1B	26.2B
Property, plant & equipment	5.1B	3.6B	5.5B	5.7B	6.1B	4.2B	6.5B	6.8B	13.3B	8.4B	13.6B	13.7B
Goodwill & intangibles	1.8B	1.8B	1.7B	1.6B	1.7B	1.5B	1.6B	1.6B	6.2B	6.9B	7.2B	7.3B
Total assets	25.1B	25.4B	25.8B	24.4B	25.3B	24.9B	26.7B	31.2B	46.3B	44.5B	47.6B	46.8B
Accounts payable	4B	3.7B	4.5B	3.4B	3.2B	2.8B	3.8B	2.9B	4.8B	4.9B	6.2B	5.4B
Short-term debt	1.5B	1.1B	1.3B	1.3B	1.7B	1.8B	2.3B	4.5B	6.8B	5.9B	5.2B	6.3B
Total current liabilities	8.2B	7.7B	8.4B	7.6B	7.7B	7.4B	8.5B	10.4B	16.1B	15.1B	16.9B	16.7B
Long-term debt	4.5B	4.6B	4.6B	4.7B	5.4B	5.3B	5.4B	7.7B	11B	9.9B	11.1B	10.5B
Total liabilities	14B	13.6B	14.3B	13.4B	14.1B	13.9B	15.1B	19.2B	29B	27.1B	30.1B	29.4B
Shareholders' equity	11.1B	11.8B	11.5B	11B	11.2B	10.9B	11.6B	12B	17.3B	17.4B	17.5B	17.4B
Total debt	6B	5.8B	6B	5.9B	7.1B	7.1B	7.7B	12.2B	17.8B	15.9B	16.3B	16.9B
Net debt	3.8B	3.2B	3B	4.8B	4.2B	3.8B	4.4B	5.4B	16.5B	14.7B	15.5B	16.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	767M	174M	287M	-1.3B	1.2B	2.2B	1.7B	2.3B	1.2B	843M
Depreciation & amortization	547M	609M	622M	548M	435M	424M	408M	451M	468M	703M
Stock-based compensation	44M	29M	46M	39M	71M	61M	65M	69M	65M	73M
Change in working capital	-1B	-3.1B	-2.5B	-1.9B	-5B	-5B	-7.7B	1.7B	426M	-677M
Operating cash flow	498M	-2.3B	-1.6B	-2.7B	-3.2B	-2.6B	-5.6B	4.7B	2.2B	844M
Capital expenditure	27M	16M	1M	—	—	—	—	—	—	-1.7B
Investing cash flow	1.3B	2.5B	904M	2B	2.2B	5.5B	7.1B	113M	262M	-5.2B
Dividends paid	-257M	-281M	-305M	-317M	-316M	-323M	-349M	-383M	-378M	-459M
Share repurchases	-200M	0	0	0	-100M	-100M	-200M	-600M	-1.1B	-551M
Financing cash flow	-965M	-463M	-41B	-47.4B	-30.1B	-6.4B	-2.7B	-1.9B	-1.2B	902M
Net change in cash	851M	-218M	-41.7B	-48B	-31.1B	-3.5B	-1.2B	3B	1.3B	-3.5B
Free cash flow	-338M	-2.6B	-1.8B	-1.3B	-3.9B	-3.3B	-6.1B	2.2B	524M	-879M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	389M	660M	252M	73M	233M	630M	204M	370M	181M	88M	75M	707M
Depreciation & amortization	109M	134M	112M	114M	119M	123M	120M	116M	241M	226M	238M	256M
Stock-based compensation	17M	18M	17M	17M	15M	16M	19M	16M	19M	19M	23M	30M
Change in working capital	1.1B	985M	-198M	-980M	1.2B	410M	-1.4B	61M	555M	-354M	-2.3B	-914M
Operating cash flow	1.7B	1.7B	196M	-767M	1.5B	1.2B	-1.1B	623M	854M	1.3B	-541M	-585M
Capital expenditure	—	—	—	—	—	—	—	—	-469M	-538M	-336M	-443M
Investing cash flow	2M	-46M	-160M	145M	-55M	332M	30M	584M	-5.4B	297M	-182M	-93M
Dividends paid	-99M	-96M	-95M	-96M	-96M	-91M	-91M	-94M	-139M	-135M	-136M	-139M
Share repurchases	-466M	-134M	-400M	0	-200M	-500M	0	0	-545M	-6M	—	—
Financing cash flow	-590M	-1B	-492M	-486M	589M	-789M	330M	3.7B	-1.2B	-2.1B	406M	-616M
Net change in cash	1.1B	656M	-456M	-1.1B	2.1B	772M	-695M	4.9B	-5.7B	-506M	-317M	-1.3B
Free cash flow	1.1B	1.1B	758M	-1.8B	973M	564M	-595M	-1.5B	385M	809M	-877M	-1B

Bunge Ltd Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement