BG (Bunge Global) Operating Income: $1,314 Mil (TTM As of Mar. 2026)

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BG Bunge Global SA BG
81 GF Score
Price $123.88
GF Value $109.57
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Bunge Global Operating Income?

Bunge Global BG +1.92% 81 Operating Income is $1,314 Mil as of Mar. 2026. GuruFocus rates BG with a GF Score™ of 81/100 and a GF Value™ of $109.57 (Modestly Overvalued). The stock has 14 warning signs investors should review.

Bunge Global's Operating Income for the three months ended in Mar. 2026 was $235 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $1,314 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bunge Global's Operating Income for the three months ended in Mar. 2026 was $235 Mil. Bunge Global's Revenue for the three months ended in Mar. 2026 was $21,861 Mil. Therefore, Bunge Global's Operating Margin % for the quarter that ended in Mar. 2026 was 1.07%.

Warning Sign:

Bunge Global SA operating margin has been in a 5-year decline. The average rate of decline per year is -8.8%.

Bunge Global's 5-Year average Growth Rate for Operating Margin % was -8.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bunge Global's annualized ROC % for the quarter that ended in Mar. 2026 was 2.53%. Bunge Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.74%.


Bunge Global  (NYSE:BG) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Bunge Global's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=940 * ( 1 - 0% )/( (35815 + 38429)/ 2 )
=940/37122
=2.53 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Bunge Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=968/( ( (13364 + max(12037, 0)) + (13610 + max(12791, 0)) )/ 2 )
=968/( ( 25401 + 26401 )/ 2 )
=968/25901
=3.74 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3870 + 13198 + 4169) - (6509 + 814 + 1877)
=12037

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3975 + 15428 + 5119) - (7446 + 740 + 3545)
=12791

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Bunge Global's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=235/21861
=1.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Bunge Global Operating Income Related Terms


Bunge Global Operating Income Historical Data

* Premium members only.

The historical data trend for Bunge Global's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bunge Global Operating Income Chart

Bunge Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,129.00 2,313.00 3,130.00 1,617.00 1,296.00

Bunge Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 217.00 320.00 385.00 374.00 235.00
BG
81GF Score
Bunge Global SA BG
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Bunge Global Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,314 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $1,314 Mil mean?
Bunge Global (BG) has a Operating Income of $1,314 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bunge Global and its competitors.
Is Bunge Global's Operating Income too high?
Bunge Global's current Operating Income is $1,314 Mil. Overall, Bunge Global has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bunge Global's Operating Income compare to TSN and ADM?
Bunge Global's Operating Income of $1,314 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bunge Global and its competitors. Bunge Global's current Operating Income is $1,314 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bunge Global stock overvalued right now?
Based on GuruFocus' analysis, Bunge Global (BG) is currently considered Modestly Overvalued. The stock's GF Value™ is $109.57, compared to a current price of $123.88 — trading 13.1% above its estimated fair value. The current Operating Income is $1,314 Mil. Bunge Global's overall GF Score™ is 81/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Bunge Global (BG), the current Operating Income is $1,314 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bunge Global (BG) Overvalued in 2026?

Based on GuruFocus' analysis, Bunge Global stock appears to be overvalued. The current stock price of $123.88 is trading 13.1% above its estimated GF Value™ of $109.57. GuruFocus considers Bunge Global to be Modestly Overvalued.

Key valuation signals for BG:

  • Operating Income: $1,314 Mil
  • GF Value™: $109.57 vs. price of $123.88 (13.1% above fair value)
  • GF Score™: 81/100 with 14 warning signs

No single metric tells the full story. See the BG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bunge Global Business Description

Address 1391 Timberlake Manor Parkway, Chesterfield, MO, USA, 63017
Bunge Global SA is an agribusiness solutions company, connecting farmers to consumers and delivering essential food, feed and fuel to the globe. The company segments include Soybean Processing and Refining; Softseed Processing and Refining; Other Oilseeds Processing and Refining; Grain Merchandising and Milling; and Corporate and Other. It generates maximum revenue from the Soybean Processing and Refining segment, which includes integrated business principally involved in the purchase, storage, transportation, processing, distribution, refining, marketing, and sale of soybeans and soybean related products, as well as biodiesel and fertilizer production and distribution. Geographically, the company operates in United States, Switzerland, Netherlands, and Rest of the World.
81GF Score

Get the complete analysis for BG

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$123.88
Price
$109.57
GF Value