Bunge Global SA
BG · Fats & Oils · 194.0M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $531M (gross $600M, SBC $69M)
Grade
C60Scaled global agribusiness, larger post-Viterra, but with thin commodity margins, mid-pack returns, and a negative-FCF year.
Strengths
- Large, diversified scale (sizable tangible book at 95th pct) and investment-grade access with ample committed liquidity
- ROA 1.8% (59th pct) reasonable for the sector
Risks
- Negative free cash flow (-$879M, 1.9th pct) and razor-thin gross margin (4.8%) with net income down 28%
- Elevated debt post-Viterra (debt/equity 74th pct), commodity-price/weather volatility, and Ukraine operating exposure
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Cash burnNegative free cash flow (-879.0M)
- Strong balance sheetStrong balance sheet — $2.1B cash & investments, ~10 quarters of runway
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
4.8%
Net margin
1.2%
Return on equity
5.1%
Return on assets
1.8%
Revenue growth (QoQ)
-8.0%
Net-income growth
-28.2%
Debt / equity
0.9×
Current ratio
1.6×
Free cash flow
-$879M
Tangible book value
$12.5B
Cash & investments
$2.1B
Cash runway
10q
Stock comp / revenue
0.1%
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-22 | Shareholder voteExhibits | filing ↗ |
| 2026-04-29 | ResultsExhibits | filing ↗ |
| 2026-04-02 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-04-01 | Exec/director changeExhibits | filing ↗ |
| 2026-03-19 | OtherExhibits | filing ↗ |
| 2026-03-17 | OtherExhibits | filing ↗ |
| 2026-02-04 | ResultsExhibits | filing ↗ |
| 2025-12-19 | 5.03Exhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-22 | 2026-05-20 | 0001628280-26-037544 ↗ |
| 10-Q | 2026-04-29 | 2026-03-31 | 0001628280-26-028235 ↗ |
| 8-K | 2026-04-29 | 2026-04-29 | 0001628280-26-028079 ↗ |
| 8-K | 2026-04-02 | 2026-03-31 | 0001628280-26-023140 ↗ |
| 8-K | 2026-04-01 | 2026-03-26 | 0001628280-26-022783 ↗ |
| 8-K | 2026-03-19 | 2026-03-17 | 0001104659-26-032113 ↗ |
| 8-K | 2026-03-17 | 2026-03-17 | 0001104659-26-029042 ↗ |
| 10-K | 2026-02-19 | 2025-12-31 | 0001628280-26-009842 ↗ |
| 8-K | 2026-02-04 | 2026-02-04 | 0001628280-26-005261 ↗ |
| 8-K | 2025-12-19 | 2025-12-16 | 0001628280-25-058310 ↗ |
| 8-K | 2025-12-12 | 2025-12-11 | 0001628280-25-056765 ↗ |
| 8-K | 2025-12-11 | 2025-12-05 | 0001628280-25-056527 ↗ |