Bunge Limited (BG)

Operating return on assets (Operating ROA)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Operating income (ttm) US$ in thousands 1,832,000 2,034,000 2,216,000 2,943,000 3,419,000 3,006,000 2,977,000 2,403,000 2,398,000 2,158,000 2,368,000 2,493,000 2,760,000 3,151,000 2,728,000 3,007,000 1,656,000 950,000 -838,000 -1,231,000
Total assets US$ in thousands 24,899,000 25,267,000 24,428,000 25,821,000 25,372,000 25,133,000 25,712,000 27,110,000 24,580,000 24,792,000 27,419,000 28,724,000 23,819,000 24,109,000 25,085,000 24,533,000 23,655,000 20,761,000 18,559,000 18,596,000
Operating ROA 7.36% 8.05% 9.07% 11.40% 13.48% 11.96% 11.58% 8.86% 9.76% 8.70% 8.64% 8.68% 11.59% 13.07% 10.88% 12.26% 7.00% 4.58% -4.52% -6.62%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,832,000K ÷ $24,899,000K
= 7.36%

The operating return on assets (operating ROA) for Bunge Limited has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA started in negative territory in March 2020 at -6.62% and improved to -4.52% by June 2020. Subsequently, there was a significant positive turnaround with an operating ROA of 4.58% in September 2020, which further increased to 7.00% by December 2020.

Throughout the following periods, the operating ROA continued to demonstrate growth, reaching its peak at 13.48% in December 2023. However, there was a slight decline in the subsequent periods with the operating ROA reducing to 7.36% by December 31, 2024. Despite the fluctuations, the operating ROA generally exhibited an upward trend, indicating the company's ability to generate operating income relative to its total assets.

Overall, the operating ROA trend suggests that Bunge Limited efficiently utilized its assets to generate operating income during the period under review. Further analysis and comparison with industry benchmarks may provide additional insights into the company's operating efficiency and profitability.


Peer comparison

Dec 31, 2024

Company name
Symbol
Operating ROA
Bunge Limited
BG
7.36%
Archer-Daniels-Midland Company
ADM
5.78%
Darling Ingredients Inc
DAR
4.65%