Bunge Limited (BG)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,137,000 | 1,151,000 | 1,303,000 | 1,855,000 | 2,243,000 | 1,963,000 | 1,970,000 | 1,554,000 | 1,610,000 | 1,505,000 | 1,778,000 | 1,934,000 | 2,077,000 | 2,397,000 | 2,006,000 | 2,160,000 | 1,145,000 | 543,000 | -1,207,000 | -1,509,000 |
| Total stockholders’ equity | US$ in thousands | 9,913,000 | 10,135,000 | 10,002,000 | 10,551,000 | 10,851,000 | 10,251,000 | 10,575,000 | 9,955,000 | 9,224,000 | 8,705,000 | 8,732,000 | 8,581,000 | 7,669,000 | 7,495,000 | 7,184,000 | 6,637,000 | 6,069,000 | 5,327,000 | 5,093,000 | 4,862,000 |
| ROE | 11.47% | 11.36% | 13.03% | 17.58% | 20.67% | 19.15% | 18.63% | 15.61% | 17.45% | 17.29% | 20.36% | 22.54% | 27.08% | 31.98% | 27.92% | 32.54% | 18.87% | 10.19% | -23.70% | -31.04% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,137,000K ÷ $9,913,000K
= 11.47%
The return on equity (ROE) of Bunge Limited has shown a fluctuating trend over the past few years. Starting from negative values in 2020, the ROE improved significantly to double-digit positive figures by the end of 2020. Subsequently, there was a continued positive momentum in ROE during 2021, reaching its peak in March 2023 at 32.54%.
However, after the peak in early 2023, the ROE started to decline gradually but remained above the levels seen in the previous years. By the end of 2024, the ROE stood at 11.47%, indicating a moderate decrease compared to the earlier periods.
Overall, the ROE of Bunge Limited has shown resilience with fluctuations, achieving significant improvements and maintaining relatively stable levels in the later years. It is essential for stakeholders to monitor future ROE trends to assess the company's profitability and efficiency in utilizing shareholder equity.
Peer comparison
Dec 31, 2024