Bunge Limited (BG)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,137,000 | 2,243,000 | 1,610,000 | 2,078,000 | 1,145,000 |
| Total assets | US$ in thousands | 24,899,000 | 25,372,000 | 24,580,000 | 23,819,000 | 23,655,000 |
| ROA | 4.57% | 8.84% | 6.55% | 8.72% | 4.84% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,137,000K ÷ $24,899,000K
= 4.57%
Based on the provided data for Bunge Limited's Return on Assets (ROA) for the years 2020 to 2024, the company has shown fluctuations in its efficiency in generating profit from its assets over the period.
The ROA increased from 4.84% in December 31, 2020, to 8.72% in December 31, 2021, indicating an improvement in the company's ability to generate earnings from its assets. This could be attributed to better asset management and operational efficiency during that year.
However, in December 31, 2022, the ROA decreased to 6.55%, suggesting a slight decline in the company's ability to generate profits relative to its assets compared to the previous year.
There was a notable increase in ROA to 8.84% in December 31, 2023, indicating a strong performance in utilizing its assets to generate profits during that period.
In the following year, December 31, 2024, the ROA decreased to 4.57%, signifying a decline in the company's efficiency in utilizing its assets to generate earnings compared to the previous year.
Overall, Bunge Limited's ROA has shown varying performance over the years, with fluctuations reflecting changes in the company's asset management and profitability levels. Further analysis and consideration of the underlying factors driving these fluctuations would provide more insights into the company's financial performance.
Peer comparison
Dec 31, 2024