Bunge Limited (BG)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,524,000 | 3,051,000 | 2,066,000 | 2,565,000 | 1,413,000 |
| Revenue | US$ in thousands | 53,108,000 | 59,540,000 | 67,232,000 | 59,152,000 | 41,404,000 |
| Pretax margin | 2.87% | 5.12% | 3.07% | 4.34% | 3.41% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,524,000K ÷ $53,108,000K
= 2.87%
Bunge Limited's pretax margin, which indicates the company's efficiency in generating profits before taxes, has shown variability over the years. In 2020, the pretax margin was reported at 3.41%, which improved to 4.34% in 2021, indicating an increase in profitability during that period. However, in 2022, the pretax margin declined to 3.07%, signaling a decrease in profitability compared to the previous year.
The trend reversed in 2023 as the pretax margin rose to 5.12%, reflecting a significant improvement in profitability. Nevertheless, in 2024, the pretax margin decreased to 2.87%, indicating a decline in the company's profitability compared to the previous year.
Overall, Bunge Limited's pretax margin has exhibited fluctuations, both positive and negative, over the years, suggesting varying levels of efficiency in generating profits before tax expenses. It is essential for the company to analyze the factors contributing to these fluctuations to maintain or improve its profitability in the future.
Peer comparison
Dec 31, 2024