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BUNGELTD (BG)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   8-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Agribusiness   43,636.030,047.028,920.032,206.031,741.030,061.031,267.0
    Edible oil products      9,129.08,018.06,859.06,698.0
    Milling products   1,909.01,616.01,739.01,691.01,575.01,647.01,609.0
    Sugar and Bioenergy   270.0142.01,288.02,257.04,054.03,709.03,495.0
    Other       406.0403.0386.0
Total revenues  47,700.016,811.010,533.010,930.011,252.045,794.042,679.043,455.0
            Revenue growth   [+]183.7%59.6%-3.6%-2.9%-75.4%7.3%-1.8%-24.0%
Cost of goods sold  45,410.055,789.038,619.040,598.043,477.044,029.040,269.040,762.0
Gross profit  2,290.0-38,978.0-28,086.0-29,668.0-32,225.01,765.02,410.02,693.0
            Gross margin  4.8%-231.9%-266.6%-271.4%-286.4%3.9%5.6%6.2%
Selling, general and administrative  532.01,234.01,358.01,351.01,423.01,437.01,284.01,435.0
Equity in earnings  67.0       
EBITDA   [+]47,643.02,637.02,115.0-455.01,294.01,119.01,696.01,765.0
            EBITDA margin  99.9%15.7%20.1%-4.2%11.5%2.4%4.0%4.1%
Depreciation  408.0376.0386.0493.0565.0580.0516.0518.0
EBITA  47,235.02,261.01,729.0-948.0729.0539.01,180.01,247.0
            EBITA margin  99.0%13.4%16.4%-8.7%6.5%1.2%2.8%2.9%
Amortization of intangibles   48.049.055.057.029.031.027.0
EBIT   [+]47,235.02,213.01,680.0-1,003.0672.0510.01,149.01,220.0
            EBIT margin  99.0%13.2%15.9%-9.2%6.0%1.1%2.7%2.8%
Non-recurring items   [+]   108.0  -12.0-13.0
Interest expense, net   [+] 243.0265.0339.0339.0263.0234.0215.0
Other income (expense), net   [+]-47,235.0595.0-2.0245.0123.0-17.069.033.0
Pre-tax income  0.02,565.01,413.0-1,205.0456.0230.0996.01,051.0
Income taxes  0.0398.0248.086.0179.056.0220.0296.0
            Tax rate   15.5%17.6% 39.3%24.3%22.1%28.2%
Minority interest   89.020.0-11.020.014.022.0-1.0
Earnings from continuing ops   2,044.01,121.0-1,322.0223.0126.0718.0703.0
Earnings from discontinued ops      10.0 -9.035.0
Net income  0.02,044.01,121.0-1,322.0233.0126.0709.0738.0
            Net margin  0.0%12.2%10.6%-12.1%2.1%0.3%1.7%1.7%
   
Basic EPS   [+] $14.49$7.97($9.34)$1.58$0.90$5.13$4.89
Diluted EPS   [+] $13.42$7.49($9.34)$1.57$0.89$4.84$4.62
   
Dividends per share   [+] $2.08$2.00$2.00$1.96$1.80$1.59$1.44
   
Shares outstanding (basic)   [+] 141.0140.7141.5141.0140.4139.8143.7
Shares outstanding (diluted)   [+] 152.4149.7141.5141.7141.3148.2152.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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