Bunge Limited (BG)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,393,000 | 4,845,000 | 3,682,000 | 3,363,000 | 2,785,000 |
| Revenue | US$ in thousands | 53,108,000 | 59,540,000 | 67,232,000 | 59,152,000 | 41,404,000 |
| Gross profit margin | 6.39% | 8.14% | 5.48% | 5.69% | 6.73% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,393,000K ÷ $53,108,000K
= 6.39%
The gross profit margin of Bunge Limited has experienced fluctuations over the past five years. It decreased from 6.73% on December 31, 2020, to 5.69% on December 31, 2021, and further declined to 5.48% on December 31, 2022. However, there was a notable improvement in profitability as the gross profit margin increased to 8.14% on December 31, 2023, before moderating to 6.39% on December 31, 2024. These fluctuations suggest varying levels of efficiency in managing production costs and generating revenue from sales. It is essential for the company to closely monitor and possibly improve its cost structures to sustain and enhance profitability in the future.
Peer comparison
Dec 31, 2024