Bunge Limited (BG)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 9,913,000 | 10,851,000 | 9,224,000 | 7,669,000 | 6,069,000 |
| ROE | 11.47% | 20.67% | 17.45% | 27.10% | 18.87% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,137,000K ÷ $9,913,000K
= 11.47%
Based on the data provided, Bunge Limited's return on equity (ROE) has fluctuated over the past five years. In 2020, the ROE stood at 18.87%, showing a reasonable performance. Subsequently, it saw a notable increase to 27.10% by the end of 2021, indicating improved profitability and efficiency in generating returns for shareholders.
However, in 2022, there was a decline in ROE to 17.45%, signaling a decrease in the company's ability to generate profits from shareholders' equity. The following year, in 2023, there was a modest recovery with an ROE of 20.67%, suggesting some improvement in performance.
By the end of 2024, the ROE dropped significantly to 11.47%, marking a considerable decline compared to the previous years. This decline could be attributed to various factors such as lower net income, higher expenses, or inefficient utilization of shareholder equity.
Overall, Bunge Limited's ROE has displayed variability in recent years, with fluctuations in profitability and efficiency levels. Analyzing the company's financial performance alongside industry benchmarks and trends would provide further insights into the factors driving these changes in ROE.
Peer comparison
Dec 31, 2024