Bunge Global S.A.
- Open
- 116.87
- Day high
- 118.34
- Day low
- 109.82
- Prev close
- 115.48
- Volume
- 2.5M
- Mkt cap
- $22.3B
- P/E (TTM)
- 22.6
- EPS (TTM)
- $5.15
- P/B
- 1.4
- P/S
- 0.2
- Yield
- 2.44%
- Per share
- $2.84
- ▲Insiders net buying $689K over the last 3 months (2 open-market buys, 0 sales)
- 🏛Institutions accumulating (13F)
Bunge Global S.A. (BG) is a Consumer Defensive company listed on NYSE. The stock is up 40% over the past year. Over the trailing 3 months, insiders filed 2 open-market buys and 0 sales (SEC Form 4). Drillr has 3 published research articles covering BG.
Bunge Global S.A. (BG) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
BG earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 29, 2026 | $1.97 | $2.00 | +1.5% | $24.0B | +5.4% |
| Apr 29, 2026 | $0.97 | $1.83 | +88.7% | $21.9B | -6.5% |
| Feb 4, 2026 | $1.82 | $1.99 | +9.3% | $23.8B | +2.9% |
| Nov 5, 2025 | $1.94 | $2.27 | +17.0% | $22.2B | +50.4% |
| Jul 30, 2025 | $1.09 | $1.31 | +20.2% | $12.8B | +4.3% |
| Feb 5, 2025 | $2.30 | $2.13 | -7.4% | $13.5B | +2.7% |
| Oct 30, 2024 | $2.14 | $2.29 | +7.0% | $12.9B | -2.2% |
| Jul 31, 2024 | $1.83 | $1.73 | -5.5% | $13.2B | -7.4% |
| Feb 7, 2024 | $2.81 | $3.70 | +31.7% | $14.9B | +6.0% |
| Oct 26, 2023 | $2.50 | $2.99 | +19.6% | $14.2B | -7.2% |
| Aug 2, 2023 | $2.69 | $3.72 | +38.3% | $15.0B | -8.2% |
| May 3, 2023 | $3.24 | $3.26 | +0.6% | $15.3B | +3.7% |
BG insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 4, 2026 | Mahoney Christopherdirector | Buy | 5,000 | $105.53 |
| Aug 4, 2026 | Mahoney Christopherdirector | Buy | 1,500 | $107.60 |
| May 22, 2026 | Walt Markusdirector | Grant | 1,654 | — |
| May 22, 2026 | Simril Kennethdirector | Grant | 1,654 | — |
| May 22, 2026 | Jensen Annedirector | Grant | 1,654 | — |
| May 22, 2026 | McGurk Monica Houledirector | Grant | 1,654 | — |
| May 22, 2026 | Jojo Linda Pdirector | Grant | 1,654 | — |
| May 22, 2026 | Zenuk Mark Ndirector | Grant | 3,308 | — |
| May 22, 2026 | Isman Adriandirector | Grant | 1,654 | — |
| May 22, 2026 | Browner Carol M.director | Grant | 1,654 | — |
| May 22, 2026 | Mahoney Christopherdirector | Grant | 1,654 | — |
| May 22, 2026 | Lustosa de Andrade Eliane Aleixodirector | Grant | 1,654 | — |
| May 22, 2026 | WINSHIP HENRY WARD IVdirector | Grant | 1,654 | — |
| May 19, 2026 | Zenuk Mark Ndirector | Tax | 1,213 | $122.68 |
| May 19, 2026 | Browner Carol M.director | Tax | 647 | $122.68 |
Source: BG SEC Form 4 filings, latest Aug 4, 2026. For informational purposes only — not investment advice.
See the full BG insider & 13F page →BG research & analysis
BG Q1: Guidance +20%, Grain Merchandising Collapses
Bunge raised FY26 adjusted EPS guidance by ~20% on strong Q1 processing results and Viterra integration gains, but the filing reveals a $122M swing in grain merchandising EBIT that the tape has overlooked. Processing strength is structural (Viterra capacity), but the guidance raise is partially inflated by $336M in mark-to-market timing differences and elevated integration costs that may not normalize as quickly as assumed.
Iran War Oil Shock: USO Up 24%, XLE Up 8% — Which ETFs Have More Room to Run?
War disruptions choke sugar exports from a key hub, spiking prices to benefit producers ADM and BG while pressuring Hershey, Mondelez, and KDP margins. Bunge leads conviction with 32% revenue growth and attractive P/E; Hershey trails as most vulnerable.
ADMHSYMDLZBG Stock: Viterra Merger Drove 32% Revenue Jump — Can New Exec Pay Plan Unlock the Rest?
Bunge Global approved a performance-based executive incentive program on March 26, 2026, linking compensation to Viterra acquisition synergies through 2028. Post-merger revenue surged 32% to $70.3B in FY2025, but margins compressed; this alignment could unlock FCF and EPS growth. Bullish on BG shares amid 33% 3M gains and attractive valuation.
Bunge Global S.A. company profile
Overview
Bunge Global SA (NYSE:BG) is one of the world's largest agribusiness companies, with roots dating back to 1818 when it was founded in Amsterdam by Johann Peter Gottlieb Bunge. The company went public in 2001 and has evolved into a global leader in agricultural commodity processing, trading, and food ingredient manufacturing. Headquartered in St. Louis, Missouri, Bunge operates across four continents and serves as a critical link between farmers and consumers in the global food supply chain. The company is currently pursuing a major strategic combination with Viterra, which would create one of the world's premier agribusiness solutions companies.
Business
Bunge operates as an integrated agribusiness company that connects farmers to consumers through four main business segments. The company's core function is to purchase agricultural commodities from farmers, process them into food ingredients and animal feed, and distribute these products to food manufacturers, retailers, and other end users globally. **Agribusiness Segment** (approximately 60-70% of total revenue): This is Bunge's largest division, which purchases, stores, transports, processes, and sells agricultural commodities. The segment focuses primarily on oilseeds such as soybeans, rapeseed, canola, and sunflower seeds, as well as grains like wheat and corn. The company operates crush facilities that process oilseeds into two main products: vegetable oils (used for cooking, biofuels, and industrial applications) and protein meals (used primarily for animal feed). This segment also includes merchandising activities, where Bunge trades commodities globally to optimize supply chains and capture arbitrage opportunities. **Refined and Specialty Oils Segment** (approximately 15-20% of revenue): This division takes crude vegetable oils from the agribusiness segment and refines them into consumer and industrial products. These include cooking oils, shortenings, margarines, mayonnaise, and specialized fats for baked goods companies, snack food producers, restaurant chains, and grocery retailers. The segment serves both business-to-business customers (food manufacturers) and consumer markets through retail channels. **Milling Segment** (approximately 10-15% of revenue): This business processes grains into flour and other milled products. For wheat, this includes various flour types and bakery mixes. For corn, the segment produces both dry-milled products (corn meals and flours) and wet-milled products (masa and specialized flours). The division also produces specialty products like quinoa, millet, and non-GMO grain products. **Sugar and Bioenergy Segment** (approximately 5-10% of revenue): This segment, which Bunge recently divested to BP, produced sugar and ethanol from sugarcane in Brazil, while also generating electricity from burning sugarcane bagasse (the fibrous residue left after juice extraction).
Revenue model
Bunge generates revenue through multiple interconnected business models that capitalize on different aspects of the agricultural value chain. The company's primary revenue source is product sales from processing agricultural commodities into higher-value food ingredients and animal feed products. When Bunge crushes soybeans, for example, it sells both the resulting soybean oil and soybean meal, typically earning margins on the processing spread between input costs and output prices. The company also generates significant revenue through merchandising and trading activities, where it buys and sells agricultural commodities globally, earning margins on price differentials across geographic regions and time periods. This includes providing logistics services, storage, and transportation solutions to optimize supply chains for customers ranging from farmers to large food manufacturers. Bunge's customers span the entire food ecosystem. Primary customers include animal feed manufacturers who purchase protein meals, livestock producers, food processing companies that buy refined oils and specialty ingredients, biofuel producers who use vegetable oils as feedstock, and retail chains that purchase packaged consumer products. The company also serves industrial customers who use agricultural products for non-food applications. Several factors significantly impact Bunge's profitability margins. Commodity price volatility affects both input costs and output prices, with the company's margins depending on favorable processing spreads. Weather conditions globally influence crop yields and commodity availability, directly impacting procurement costs. Global trade policies and tariffs can create arbitrage opportunities or constraints, while biofuel mandates and renewable fuel policies drive demand for vegetable oils, particularly soybean oil used in biodiesel production. Currency fluctuations affect international operations, and energy costs impact processing and transportation expenses. Animal protein consumption trends influence demand for protein meals used in livestock feed, while competition from other oilseed processors and alternative protein sources can pressure margins.
Competitive moat
Bunge's competitive moat is moderately strong but faces ongoing challenges from scale competitors and market dynamics. The company's primary moat stems from its global integrated supply chain infrastructure, which includes strategically located processing facilities, storage elevators, port terminals, and transportation networks that would be extremely expensive and time-consuming for competitors to replicate. This infrastructure provides Bunge with advantageous logistics costs and the ability to optimize commodity flows globally. The company benefits from economies of scale in procurement, processing, and distribution that allow it to negotiate better terms with suppliers and customers while spreading fixed costs across large volumes. Bunge's diversified geographic footprint provides natural hedging against regional weather, political, and economic risks while enabling the company to capitalize on price differentials between markets. However, Bunge's moat faces several challenges. The agribusiness industry is characterized by commodity-like products with limited differentiation, making it difficult to command premium pricing. Major competitors like Archer-Daniels-Midland, Cargill, and Louis Dreyfus possess similar scale and global reach, creating intense competition for margins. The industry is also subject to significant regulatory oversight and potential policy changes that can quickly alter competitive dynamics. Emerging threats include alternative protein sources that could reduce demand for traditional animal feed, technological disruptions in agriculture and food production, and potential consolidation among competitors that could create even larger rivals. Climate change poses long-term risks to agricultural production patterns, potentially disrupting established supply chains and processing locations. The company's dependence on global trade makes it vulnerable to protectionist policies and trade wars that could limit arbitrage opportunities.
Risks & safety
Bunge presents a moderate margin of safety with manageable financial risks but some operational volatility concerns. **Debt and Solvency**: The company maintains a reasonable debt-to-equity ratio of 0.72, indicating moderate leverage. With $3.3 billion in cash and short-term investments against total debt levels, Bunge has adequate liquidity. Current ratio of 2.04 suggests solid short-term financial health. **Cash Flow Dynamics**: Operating cash flow shows significant volatility, ranging from negative $1.5 billion in Q2 2024 to positive $1.9 billion for full year 2024, reflecting the seasonal and cyclical nature of agricultural commodity business. Free cash flow similarly volatile but generally positive on annual basis. **Valuation Metrics**: Trading at P/E ratio of 12.7 based on recent earnings, which appears reasonable for a cyclical commodity business. EV/EBITDA of 7.2 suggests moderate valuation. Price-to-book ratio of 0.97 indicates trading near book value. **Other Considerations**: Pending Viterra acquisition creates integration risks and regulatory uncertainty. Commodity price volatility can significantly impact quarterly earnings. Geographic diversification provides some risk mitigation, but global exposure also creates currency and political risks.
Recent development
Over the past few years, Bunge has pursued an aggressive growth and consolidation strategy centered around the pending Viterra acquisition, which represents the company's largest strategic initiative. This transaction, announced in 2023 and still awaiting regulatory approvals in key markets including Canada, China, and the EU, would significantly expand Bunge's global footprint and create substantial commercial synergies. The company has been actively portfolio optimization through strategic divestitures, including the recent sale of its sugar and bioenergy joint venture to BP and the announced divestiture of its European margarines and spreads business and North American corn milling operations. These moves reflect management's focus on core, higher-return agribusiness activities. Bunge has made significant investments in renewable fuels and sustainability initiatives, including forming partnerships with Repsol for renewable fuels development and expanding its winter canola pilot program to develop lower-carbon feedstocks. The company has also invested in regenerative agriculture programs in Brazil and achieved 100% traceability for soy purchases in Brazil's priority regions to support deforestation-free supply chains. Capacity expansion projects have been a key focus, with the company breaking ground on new facilities including the Destrehan oilseed processing plant, expanding its palm and specialty oils facility in Louisiana, and commissioning an edible oil refinery in India. These projects are expected to contribute meaningfully to earnings beginning in 2026. The company has maintained an active capital allocation strategy, repurchasing $1.1 billion in shares during 2024 while continuing to invest in growth projects. Management has indicated expectations for higher capital expenditures in 2025 (approximately $1.9-2 billion) to support these expansion initiatives.
BG company profile · for informational purposes only — not investment advice.
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