Bunge Global (BG)
Market Price (3/15/2026): $124.75 | Market Cap: $24.2 BilSector: Consumer Staples | Industry: Agricultural Products & Services
Bunge Global (BG)
Market Price (3/15/2026): $124.75Market Cap: $24.2 BilSector: Consumer StaplesIndustry: Agricultural Products & Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 32% | Trading close to highsDist 52W High is -0.9%, Dist 3Y High is -0.9% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 56% |
| Low stock price volatilityVol 12M is 32% | Weak multi-year price returns3Y Excs Rtn is -29% | Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 29x |
| Megatrend and thematic driversMegatrends include Vegan & Alternative Foods, Health & Wellness Trends, and Sustainable Resource Management. Themes include Vegan Products, Show more. | Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.2% | |
| Key risksBG key risks include [1] the significant financial and operational execution risks associated with its massive Viterra merger. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 32% |
| Low stock price volatilityVol 12M is 32% |
| Megatrend and thematic driversMegatrends include Vegan & Alternative Foods, Health & Wellness Trends, and Sustainable Resource Management. Themes include Vegan Products, Show more. |
| Trading close to highsDist 52W High is -0.9%, Dist 3Y High is -0.9% |
| Weak multi-year price returns3Y Excs Rtn is -29% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 56% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 29x |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.2% |
| Key risksBG key risks include [1] the significant financial and operational execution risks associated with its massive Viterra merger. |
Qualitative Assessment
AI Analysis | Feedback
Bunge Global (BG) stock has gained about 30% since 11/30/2025 because of the following key factors:
1. Successful Integration of Viterra Acquisition Drives Revenue Growth.
Bunge completed its transformational acquisition of Viterra in 2025, which significantly contributed to a 75.5% year-over-year revenue surge to $23.76 billion in the fourth quarter of 2025, exceeding consensus estimates by 6.1%. This integration led to the capture of operational and commercial synergies, strengthening the company's global footprint in grains, oilseeds, and specialty oils.
2. Strong Q4 2025 Earnings Beat and Optimistic FY2026 Guidance.
Bunge reported adjusted earnings per share (EPS) of $1.99 for Q4 2025, surpassing analysts' consensus estimates of $1.82 by $0.17. Furthermore, the company provided a positive outlook by setting its fiscal year 2026 EPS guidance at $7.50 to $8.00, which was largely in line with the sell-side consensus of approximately $7.94.
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1. Successful Integration of Viterra Acquisition Drives Revenue Growth.
Bunge completed its transformational acquisition of Viterra in 2025, which significantly contributed to a 75.5% year-over-year revenue surge to $23.76 billion in the fourth quarter of 2025, exceeding consensus estimates by 6.1%. This integration led to the capture of operational and commercial synergies, strengthening the company's global footprint in grains, oilseeds, and specialty oils.
2. Strong Q4 2025 Earnings Beat and Optimistic FY2026 Guidance.
Bunge reported adjusted earnings per share (EPS) of $1.99 for Q4 2025, surpassing analysts' consensus estimates of $1.82 by $0.17. Furthermore, the company provided a positive outlook by setting its fiscal year 2026 EPS guidance at $7.50 to $8.00, which was largely in line with the sell-side consensus of approximately $7.94.
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Stock Movement Drivers
Fundamental Drivers
The 30.6% change in BG stock from 11/30/2025 to 3/14/2026 was primarily driven by a 108.2% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 95.52 | 124.73 | 30.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 60,109 | 70,329 | 17.0% |
| Net Income Margin (%) | 2.2% | 1.2% | -47.3% |
| P/E Multiple | 14.2 | 29.6 | 108.2% |
| Shares Outstanding (Mil) | 197 | 194 | 1.7% |
| Cumulative Contribution | 30.6% |
Market Drivers
11/30/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| BG | 30.6% | |
| Market (SPY) | -3.1% | 5.1% |
| Sector (XLP) | 6.8% | 48.3% |
Fundamental Drivers
The 50.0% change in BG stock from 8/31/2025 to 3/14/2026 was primarily driven by a 265.1% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 83.13 | 124.73 | 50.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 50,862 | 70,329 | 38.3% |
| Net Income Margin (%) | 2.7% | 1.2% | -57.2% |
| P/E Multiple | 8.1 | 29.6 | 265.1% |
| Shares Outstanding (Mil) | 134 | 194 | -30.6% |
| Cumulative Contribution | 50.0% |
Market Drivers
8/31/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| BG | 50.0% | |
| Market (SPY) | 3.0% | 3.6% |
| Sector (XLP) | 5.6% | 37.4% |
Fundamental Drivers
The 73.3% change in BG stock from 2/28/2025 to 3/14/2026 was primarily driven by a 242.8% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 71.97 | 124.73 | 73.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 53,108 | 70,329 | 32.4% |
| Net Income Margin (%) | 2.1% | 1.2% | -45.8% |
| P/E Multiple | 8.6 | 29.6 | 242.8% |
| Shares Outstanding (Mil) | 137 | 194 | -29.6% |
| Cumulative Contribution | 73.3% |
Market Drivers
2/28/2025 to 3/14/2026| Return | Correlation | |
|---|---|---|
| BG | 73.3% | |
| Market (SPY) | 12.4% | 27.7% |
| Sector (XLP) | 4.0% | 35.6% |
Fundamental Drivers
The 42.6% change in BG stock from 2/28/2023 to 3/14/2026 was primarily driven by a 263.8% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 3142026 | Change |
|---|---|---|---|
| Stock Price ($) | 87.47 | 124.73 | 42.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 67,232 | 70,329 | 4.6% |
| Net Income Margin (%) | 2.4% | 1.2% | -51.5% |
| P/E Multiple | 8.1 | 29.6 | 263.8% |
| Shares Outstanding (Mil) | 150 | 194 | -22.7% |
| Cumulative Contribution | 42.6% |
Market Drivers
2/28/2023 to 3/14/2026| Return | Correlation | |
|---|---|---|
| BG | 42.6% | |
| Market (SPY) | 73.4% | 23.6% |
| Sector (XLP) | 26.5% | 29.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BG Return | 46% | 9% | 4% | -21% | 19% | 39% | 115% |
| Peers Return | 35% | 5% | 7% | -18% | 25% | 24% | 91% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 80% |
Monthly Win Rates [3] | |||||||
| BG Win Rate | 58% | 75% | 42% | 33% | 58% | 100% | |
| Peers Win Rate | 67% | 52% | 53% | 38% | 53% | 80% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| BG Max Drawdown | -3% | -11% | -10% | -22% | -11% | 0% | |
| Peers Max Drawdown | -3% | -14% | -16% | -26% | -15% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -2% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ADM, DAR, INGR, ANDE, SEB. See BG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)
How Low Can It Go
| Event | BG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -35.4% | -25.4% |
| % Gain to Breakeven | 54.7% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -47.8% | -33.9% |
| % Gain to Breakeven | 91.5% | 51.3% |
| Time to Breakeven | 224 days | 148 days |
| 2018 Correction | ||
| % Loss | -41.1% | -19.8% |
| % Gain to Breakeven | 69.9% | 24.7% |
| Time to Breakeven | 722 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -77.5% | -56.8% |
| % Gain to Breakeven | 343.5% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to ADM, DAR, INGR, ANDE, SEB
In The Past
Bunge Global's stock fell -35.4% during the 2022 Inflation Shock from a high on 4/18/2022. A -35.4% loss requires a 54.7% gain to breakeven.
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About Bunge Global (BG)
Bunge Limited operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains primarily wheat and corn; and processes oilseeds into vegetable oils and protein meals. This segment offers its products for animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing and biofuel companies; and for industrial and biodiesel production applications. The Refined and Specialty Oils segment sells packaged and bulk oils and fats that include cooking oils, shortenings, margarines, mayonnaise, and other products for baked goods companies, snack food producers, confectioners, restaurant chains, foodservice operators, infant nutrition companies, and other food manufacturers, as well as grocery chains, wholesalers, distributors, and other retailers. The Milling segment provides wheat flours and bakery mixes; corn milling products that comprise dry-milled corn meals and flours, wet-milled masa and flours, and flaking and brewer's grits, as well as soy-fortified corn meal, corn-soy blends, and other products; whole grain and fiber ingredients; quinoas and millets; die-cut pellets; and non-GMO products. The Sugar and Bioenergy segment produces sugar and ethanol; and generates electricity from burning sugarcane bagasse. Bunge Limited was founded in 1818 and is headquartered in St. Louis, Missouri.
AI Analysis | Feedback
Here are 1-3 brief analogies for Bunge Global (BG):
- It's like the 'invisible' ingredient supplier for global food giants; think of it as providing the bulk flours, oils, and sugar that go into products made by companies like PepsiCo or Nestlé.
- Similar to an ExxonMobil for agriculture, Bunge sources, processes, and distributes massive volumes of essential food commodities like soybeans, corn, and sugar globally.
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- Agricultural Commodities: Bunge trades and processes essential oilseeds (e.g., soybeans, canola) and grains (e.g., wheat, corn).
- Vegetable Oils and Protein Meals: These products are derived from oilseed processing, serving food, animal feed, and industrial sectors.
- Refined and Specialty Oils: A range of packaged and bulk oils and fats, including cooking oils, shortenings, and mayonnaise, for various food industries.
- Milling Products: Includes wheat flours, bakery mixes, and diverse corn milling products such as meals and flours.
- Sugar and Ethanol: Production of sugar and biofuel ethanol from sugarcane.
- Bioenergy (Electricity): Generation of electricity using sugarcane bagasse as fuel.
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Bunge Global (symbol: BG) primarily sells its products to other companies rather than directly to individuals. Based on the company description, its major customers fall into the following categories:
- Food Manufacturers and Processors: This broad category includes baked goods companies, snack food producers, confectioners, infant nutrition companies, other food manufacturers, wheat and corn millers, and other oilseed processors who utilize Bunge's oils, flours, specialty ingredients, sugar, and protein meals.
- Animal Feed and Livestock Industry: Bunge supplies protein meals (from oilseed processing) and grains to animal feed manufacturers and livestock producers.
- Foodservice and Retail Sector: This includes restaurant chains, foodservice operators, grocery chains, wholesalers, distributors, and other retailers who purchase packaged and bulk oils, fats, and other food products from Bunge.
- Biofuel and Industrial Companies: Bunge's products are sold to third-party edible oil processing and biofuel companies for industrial and biodiesel production applications, as well as ethanol produced from sugarcane.
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Here is the management team for Bunge Global (symbol: BG): Gregory A. Heckman, Chief Executive OfficerMr. Heckman has served as Bunge's Chief Executive Officer since January 2019, joining the company's board of directors in October 2018. He brings over four decades of experience in the agriculture, energy, and food processing industries. Prior to Bunge, he was a Founding Partner of Flatwater Partners LLC. He also served as CEO of The Gavilon Group from 2008 to 2015, where he oversaw significant growth and the sale of Gavilon's agriculture business to Marubeni Corporation and its energy business to NGL Energy Partners. Before that, he held senior executive roles at ConAgra Foods, including Chief Operating Officer of ConAgra Foods Commercial Products and President and COO of ConAgra Trade Group.
John W. Neppl, Chief Financial Officer
Mr. Neppl assumed his current role as Chief Financial Officer in May 2019. He joined Bunge from Green Plains Inc., where he also served as Chief Financial Officer. Previously, Mr. Neppl held the Chief Financial Officer position at The Gavilon Group, LLC, an agriculture and energy commodities management firm. His career also includes senior financial management positions at ConAgra Foods, Inc., where he was a senior financial officer for ConAgra Trade Group and Commercial Products division, as well as assistant corporate controller. He began his career as an auditor with Deloitte & Touche.
Julio Garros, Chief Operating Officer
Mr. Garros was appointed Chief Operating Officer in December 2025, having previously served as Co-Chief Operating Officer alongside David Mattiske from April 2024. He leads Bunge's global commercial activities, overseeing commodity value chains, country and regional management teams, sustainability efforts, renewable fuels initiatives, regenerative agriculture solutions, and industrial operations & safety. Mr. Garros joined Bunge in 2002 and has held a variety of senior leadership roles across finance, operations, and commercial transformation. Prior to Bunge, he worked at PriceWaterhouseCoopers and as an auditor for Argentina's Foreign Affairs Office.
David Mattiske, Co-Chief Operating Officer
Mr. Mattiske will serve as Co-Chief Operating Officer for the combined Bunge and Viterra business. Previously, he was the Chief Executive Officer of Viterra. His career at Glencore Agriculture (now Viterra) began in 2006 as Chief Financial Officer for the Agriculture department in Australia and New Zealand. He later became Managing Director for the ANZ region and Regional Director for EU/CIS, Asia, Middle East, Africa, and ANZ. He was appointed CEO of Glencore Agriculture in July 2019. Before joining Glencore, Mr. Mattiske held roles at ABB Grain Ltd. and PricewaterhouseCoopers.
Christos Dimopoulos, Executive Vice President, Global Markets & Chief Sustainability Officer
Mr. Dimopoulos assumed his current role in July 2025, also serving as Bunge's Chief Sustainability Officer since December 2025. In this capacity, he is the commercial leader of risk management and optimization activities, overseeing ocean freight, global logistics, financial services, the central hedge desk, special risk, and research units. He joined Bunge in 2004 and has held various roles, including most recently Co-President, Agribusiness. Prior to joining Bunge, he held roles of increasing responsibility in Europe and the United States with Tradigrain and Intrade Risk Management.
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Here are the key risks to Bunge Global's business:- Commodity Price Volatility: Bunge Global's core business involves purchasing, storing, transporting, processing, and selling agricultural commodities such as oilseeds, grains, and their derived products like vegetable oils, protein meals, flours, and sugar. The profitability of these operations is highly sensitive to unpredictable fluctuations in the prices of these agricultural commodities, as well as related energy and freight costs. An oversupply of key commodities, such as soybeans, can specifically put pressure on profit margins. These price movements can directly impact the cost of raw materials and the revenue generated from sales, making it a pervasive and significant risk to the company's financial performance.
- Climate Change and Extreme Weather Events: As a major agribusiness and food company, Bunge Global is highly dependent on agricultural production, which is directly and significantly affected by weather patterns and climatic conditions. The increasing frequency and severity of extreme weather events, including droughts, floods, storms, and wildfires, can disrupt crop yields, impact soil health and water availability, damage infrastructure, and cause supply chain disruptions. These environmental factors can lead to shortages or increased costs of raw materials essential for Bunge's processing and product offerings.
- Regulatory and Geopolitical Risks: The agribusiness industry is subject to extensive regulations across various jurisdictions globally. Changes in government policies, including agricultural and trade policies, tariffs, and biofuels regulations, can directly influence industry profitability and trade flows, thereby impacting Bunge's operations and financial results. Furthermore, geopolitical instability, such as wars or trade conflicts, can disrupt global supply chains, impede operations in affected regions (e.g., the war in Ukraine), and create market uncertainties, posing substantial risks to Bunge's global business.
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Bunge Global (BG) - Addressable Market Sizes for Main Products and Services
Bunge Global (BG) operates across several key segments in the agribusiness and food industries. The addressable market sizes for its main products and services are as follows:
Agribusiness Segment
- Agricultural Commodities (Oilseeds and Grains): The global grains market was valued at approximately USD 87.60 billion in 2024 and is projected to reach USD 123.60 billion by 2033. The annual trade volume for grains exceeded 3.1 billion metric tons globally in 2024. The broader global grains and oilseeds market was valued at USD 118.9 billion by the end of 2025.
- Vegetable Oils: The global vegetable oil market size was projected to be USD 245.8 billion in 2023, with an expected increase to USD 335.7 billion by 2032. Another estimate placed the global vegetable oil market size at USD 294.0 billion in 2025.
- Protein Meals: The global animal feed protein market, which includes protein meals, was estimated at USD 322 billion in 2024 and is expected to grow to USD 512.5 billion by 2034. More specifically, the global soybean meal market was valued at USD 94.1 billion in 2024 and is projected to reach USD 148.6 billion by 2033.
Refined and Specialty Oils Segment
- Packaged and Bulk Oils and Fats (e.g., cooking oils, shortenings, margarines, mayonnaise): The global edible oils & fats market size was valued at USD 551.7 billion in 2024.
Milling Segment
- Wheat Flours and Bakery Mixes: The global wheat flour market size was valued at approximately USD 179.09 billion in 2024 and is predicted to reach around USD 248.99 billion by the end of 2034. Another report indicated the global wheat flour market size reached USD 268.4 billion in 2025. The U.S. wheat flour market alone is projected to reach USD 21.94 billion by 2032.
- Corn Milling Products (Dry and Wet Milled): The global corn wet milling market size was valued at USD 98.99 billion in 2025. The global corn dry milling products market size was USD 9.61 billion in 2024.
Sugar and Bioenergy Segment
- Sugar: The global sugar market size was valued at 194.9 million tons in 2024. In terms of value, the global sugar market was estimated at USD 66.39 billion in 2023 and is projected to reach USD 102.32 billion by 2030. The market size for global sugar production was USD 82.0 billion in 2025.
- Ethanol: The global ethanol market size was estimated at USD 97.52 billion in 2025 and is projected to reach USD 141.05 billion by 2033. Other estimates place the global ethanol market size at USD 109.11 billion in 2024 and approximately USD 110.72 billion in 2023.
- Electricity from Burning Sugarcane Bagasse: While a specific market size for "electricity from sugarcane bagasse" is not readily available, it falls under the broader global biomass power generation market. This market was valued at USD 98.28 billion in 2024 and is expected to reach USD 101.96 billion in 2025. Another report indicated the global biomass power generation market was valued at USD 91.6 billion in 2023 and is projected to reach USD 132.5 billion by 2032.
AI Analysis | Feedback
Bunge Global (BG) is expected to drive future revenue growth over the next 2-3 years through several strategic initiatives and market dynamics:
- Successful Integration and Synergies from Viterra Acquisition: The recent transformational combination with Viterra is a cornerstone of Bunge's expansion. This integration is expected to significantly broaden Bunge's global agricultural network, market access, and operational capabilities, leading to commercial synergies and increased volumes. Bunge anticipates realizing $190 million in synergies in 2026, reaching an annualized run rate of $220 million by year-end.
- Growth in Core Processing and Refining Segments: Bunge continues to experience strong performance and expansion in its core Soybean Processing and Refining and Softseed Processing and Refining segments. This growth is driven by higher processing and refining results, particularly in South America (Argentina and Brazil), and improved average processing margins, further bolstered by the addition of Viterra's assets.
- Strategic Commercial Initiatives and Portfolio Optimization: The company is focused on advancing key commercial and value chain initiatives, alongside strategic portfolio optimization. This involves providing tailored solutions that meet evolving customer needs across the food, feed, and fuel markets, suggesting a focus on innovation and higher-value product offerings.
- Capitalizing on Global Demand for Food, Feed, and Biofuel: Bunge is well-positioned to leverage its expanded global platform to meet the increasing worldwide demand for essential agricultural products. The growing global population, changing dietary patterns, and the rising demand for renewable energy sources, particularly in the biofuel sector, are expected to fuel demand for Bunge’s agricultural commodities and processed products.
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1. Share Repurchases
- Bunge's Board of Directors authorized a new share repurchase program of up to $3 billion on March 10, 2026.
- Under a program authorized on October 27, 2021, the company repurchased 26,417,080 shares for $2,450.65 million through December 31, 2025.
- In 2025, Bunge repurchased 6,749,341 shares for $551 million.
2. Share Issuance
- Bunge issued two tranches of senior notes totaling $1.3 billion to help finance the Viterra acquisition.
3. Inbound Investments
- Glencore plc purchased a new position in Bunge Global shares worth approximately $2.67 billion during the third quarter (likely of 2024 or 2025).
- Norges Bank purchased a new position in Bunge Global worth about $149.38 million during the second quarter (likely of 2024 or 2025).
4. Outbound Investments
- Bunge completed the acquisition of Viterra, a significant strategic move aimed at expanding its global agribusiness operations and generating synergies.
- The company completed the acquisition of the Soy crush, Concentrates, and Lecithin Business of Solae, LLC for $110 million on March 2, 2026.
5. Capital Expenditures
- Bunge plans to invest between $1.5 billion and $1.7 billion in capital expenditures in 2026, primarily focused on maintaining asset cash-generating capacity and pursuing growth in biofuels and plant-based proteins.
- The annual capital expenditures for FY2024 were $1.4 billion.
- In Q3 2025, capital expenditures amounted to $469.0 million.
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Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 92.16 |
| Mkt Cap | 7.9 |
| Rev LTM | 10,377 |
| Op Inc LTM | 725 |
| FCF LTM | 258 |
| FCF 3Y Avg | 560 |
| CFO LTM | 894 |
| CFO 3Y Avg | 1,039 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 2.4% |
| Rev Chg 3Y Avg | -3.6% |
| Rev Chg Q | -2.6% |
| QoQ Delta Rev Chg LTM | -0.7% |
| Op Mgn LTM | 2.1% |
| Op Mgn 3Y Avg | 3.1% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 6.3% |
| CFO/Rev 3Y Avg | 5.6% |
| FCF/Rev LTM | 2.6% |
| FCF/Rev 3Y Avg | 2.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 7.9 |
| P/S | 0.5 |
| P/EBIT | 13.2 |
| P/E | 27.3 |
| P/CFO | 8.3 |
| Total Yield | 4.8% |
| Dividend Yield | 0.9% |
| FCF Yield 3Y Avg | 8.9% |
| D/E | 0.4 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 3.1% |
| 3M Rtn | 26.2% |
| 6M Rtn | 41.2% |
| 12M Rtn | 73.0% |
| 3Y Rtn | 31.5% |
| 1M Excs Rtn | 5.0% |
| 3M Excs Rtn | 32.4% |
| 6M Excs Rtn | 38.0% |
| 12M Excs Rtn | 54.1% |
| 3Y Excs Rtn | -40.6% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Soybean Processing and Refining | 32,754 | ||||
| Grain Merchandising and Milling | 11,641 | ||||
| Softseed Processing and Refining | 7,869 | ||||
| Other Oilseeds Processing and Refining | 4,485 | ||||
| Corporate and Other | 3 | 42 | 35 | 5 | 0 |
| Eliminations | -3,644 | -8,711 | -11,070 | -8,782 | -5,641 |
| Agribusiness | 51,124 | 57,900 | 51,770 | 35,170 | |
| Milling | 2,071 | 2,952 | 2,101 | 1,868 | |
| Refined and Specialty Oils | 14,779 | 17,156 | 13,788 | 9,865 | |
| Sugar and Bioenergy | 235 | 259 | 270 | 142 | |
| Total | 53,108 | 59,540 | 67,232 | 59,152 | 41,404 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Soybean Processing and Refining | 949 | ||||
| Softseed Processing and Refining | 708 | ||||
| Grain Merchandising and Milling | 354 | ||||
| Other Oilseeds Processing and Refining | 284 | ||||
| Eliminations | 0 | ||||
| Other segment items | -678 | ||||
| Total | 1,617 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Soybean Processing and Refining | 10,109 | ||||
| Corporate and Other | 4,487 | 0 | 2,679 | 2,144 | 1,157 |
| Grain Merchandising and Milling | 4,483 | ||||
| Other Oilseeds Processing and Refining | 3,182 | ||||
| Softseed Processing and Refining | 2,638 | ||||
| Eliminations | 0 | 3,948 | 0 | ||
| Agribusiness | 16,000 | 16,486 | 15,989 | 17,453 | |
| Milling | 984 | 1,195 | 1,323 | 1,256 | |
| Refined and Specialty Oils | 3,969 | 3,886 | 4,152 | 3,629 | |
| Sugar and Bioenergy | 471 | 334 | 211 | 160 | |
| Total | 24,899 | 25,372 | 24,580 | 23,819 | 23,655 |
Price Behavior
Price Behavior
| Market Price | $124.73 | |
| Market Cap ($ Bil) | 24.6 | |
| First Trading Date | 08/02/2001 | |
| Distance from 52W High | -0.9% | |
| 50 Days | 200 Days | |
| DMA Price | $113.16 | $91.25 |
| DMA Trend | up | up |
| Distance from DMA | 10.2% | 36.7% |
| 3M | 1YR | |
| Volatility | 26.9% | 32.2% |
| Downside Capture | -71.26 | -4.75 |
| Upside Capture | 110.60 | 53.90 |
| Correlation (SPY) | 4.2% | 29.3% |
BG Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.49 | 0.43 | 0.23 | 0.19 | 0.48 | 0.46 |
| Up Beta | 0.48 | -0.16 | 0.10 | 0.03 | 0.71 | 0.65 |
| Down Beta | 1.47 | 0.48 | 0.25 | 0.28 | 0.49 | 0.44 |
| Up Capture | 59% | 204% | 102% | 69% | 40% | 12% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 11 | 27 | 34 | 61 | 124 | 375 |
| Down Capture | -23% | -91% | -56% | -40% | -1% | 56% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 10 | 14 | 27 | 63 | 126 | 376 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BG | |
|---|---|---|---|---|
| BG | 76.2% | 32.1% | 1.79 | - |
| Sector ETF (XLP) | 8.4% | 13.9% | 0.34 | 35.5% |
| Equity (SPY) | 19.6% | 18.9% | 0.81 | 29.0% |
| Gold (GLD) | 71.9% | 26.3% | 2.05 | 19.5% |
| Commodities (DBC) | 19.3% | 17.3% | 0.89 | 34.5% |
| Real Estate (VNQ) | 6.2% | 16.3% | 0.19 | 35.5% |
| Bitcoin (BTCUSD) | -15.3% | 44.2% | -0.25 | 14.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BG | |
|---|---|---|---|---|
| BG | 12.7% | 29.1% | 0.44 | - |
| Sector ETF (XLP) | 8.1% | 13.1% | 0.40 | 30.2% |
| Equity (SPY) | 13.1% | 17.0% | 0.61 | 30.4% |
| Gold (GLD) | 24.1% | 17.3% | 1.14 | 10.2% |
| Commodities (DBC) | 11.2% | 19.0% | 0.47 | 31.1% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 27.1% |
| Bitcoin (BTCUSD) | 6.3% | 56.7% | 0.33 | 13.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BG | |
|---|---|---|---|---|
| BG | 11.8% | 30.8% | 0.43 | - |
| Sector ETF (XLP) | 7.8% | 14.7% | 0.40 | 37.4% |
| Equity (SPY) | 14.5% | 17.9% | 0.70 | 41.0% |
| Gold (GLD) | 14.4% | 15.6% | 0.77 | 7.1% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 29.9% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 38.2% |
| Bitcoin (BTCUSD) | 67.4% | 66.8% | 1.07 | 12.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/4/2026 | 0.3% | 1.3% | -2.6% |
| 11/5/2025 | 1.8% | 2.7% | 0.4% |
| 7/30/2025 | 5.2% | 8.0% | 11.9% |
| 5/7/2025 | -2.9% | 6.1% | -4.7% |
| 2/5/2025 | -6.9% | -6.8% | 0.5% |
| 10/30/2024 | -2.3% | -3.5% | 2.0% |
| 7/31/2024 | -8.1% | -16.8% | -11.4% |
| 4/24/2024 | -3.5% | -7.2% | -5.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 3 | 4 | 5 |
| # Negative | 6 | 5 | 4 |
| Median Positive | 1.8% | 4.4% | 2.0% |
| Median Negative | -3.2% | -6.8% | -5.0% |
| Max Positive | 5.2% | 8.0% | 11.9% |
| Max Negative | -8.1% | -16.8% | -11.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/19/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 04/24/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 10/26/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 10/26/2022 | 10-Q |
| 06/30/2022 | 07/27/2022 | 10-Q |
| 03/31/2022 | 04/27/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Dimopoulos, Christos | Executive VP, Global Markets | Direct | Sell | 11252025 | 94.37 | 25,300 | 2,387,644 | 9,865,482 | Form |
| 2 | Mahoney, Christopher | Direct | Buy | 8202025 | 81.73 | 5,000 | 408,650 | 585,514 | Form | |
| 3 | Garros, Julio | Chief Operating Officer | Direct | Sell | 2132026 | 119.00 | 2,831 | 336,889 | 15,207,762 | Form |
Industry Resources
| Agricultural Products & Services Resources |
| AgFunder Network Partners |
| The Packer |
| CropLife |
| Agri-Pulse |
| USDA Data |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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