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Side-by-side financial comparison of Bunge Global (BG) and Freeport-McMoRan (FCX). Click either name above to swap in a different company.
Bunge Global is the larger business by last-quarter revenue ($21.9B vs $5.3B, roughly 4.2× Freeport-McMoRan). Freeport-McMoRan runs the higher net margin — 10.7% vs 0.3%, a 10.4% gap on every dollar of revenue. On growth, Bunge Global posted the faster year-over-year revenue change (43.4% vs -10.4%). Over the past eight quarters, Bunge Global's revenue compounded faster (142.0% CAGR vs -7.9%).
Bunge Global SA (BUN-ghee) is a global agribusiness and food company, incorporated in Geneva, Switzerland and headquartered in St. Louis, Missouri, United States.
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia.
BG vs FCX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $21.9B | $5.3B |
| Net Profit | $68.0M | $565.0M |
| Gross Margin | 3.5% | 12.4% |
| Operating Margin | — | 15.4% |
| Net Margin | 0.3% | 10.7% |
| Revenue YoY | 43.4% | -10.4% |
| Net Profit YoY | -66.2% | -21.6% |
| EPS (diluted) | $0.35 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $21.9B | — | ||
| Q4 25 | $4.9B | $5.3B | ||
| Q3 25 | $4.4B | $6.8B | ||
| Q2 25 | $4.0B | $7.5B | ||
| Q1 25 | $3.7B | $5.6B | ||
| Q4 24 | $4.0B | $5.9B | ||
| Q3 24 | $3.9B | $6.7B | ||
| Q2 24 | $3.7B | $6.4B |
| Q1 26 | $68.0M | — | ||
| Q4 25 | $95.0M | $565.0M | ||
| Q3 25 | $166.0M | $1.2B | ||
| Q2 25 | $354.0M | $1.5B | ||
| Q1 25 | $201.0M | $793.0M | ||
| Q4 24 | $602.0M | $721.0M | ||
| Q3 24 | $221.0M | $1.2B | ||
| Q2 24 | $70.0M | $1.3B |
| Q1 26 | 3.5% | — | ||
| Q4 25 | 20.7% | 12.4% | ||
| Q3 25 | 24.3% | 29.2% | ||
| Q2 25 | 18.4% | 34.2% | ||
| Q1 25 | 16.3% | 24.3% | ||
| Q4 24 | 27.0% | 27.0% | ||
| Q3 24 | 19.9% | 30.0% | ||
| Q2 24 | 17.8% | 31.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.8% | 15.4% | ||
| Q3 25 | 6.2% | 28.9% | ||
| Q2 25 | 12.3% | 32.3% | ||
| Q1 25 | 7.8% | 23.4% | ||
| Q4 24 | 18.3% | 21.1% | ||
| Q3 24 | 8.3% | 29.0% | ||
| Q2 24 | 2.8% | 32.0% |
| Q1 26 | 0.3% | — | ||
| Q4 25 | 1.9% | 10.7% | ||
| Q3 25 | 3.8% | 18.3% | ||
| Q2 25 | 8.8% | 20.6% | ||
| Q1 25 | 5.5% | 14.2% | ||
| Q4 24 | 15.0% | 12.3% | ||
| Q3 24 | 5.7% | 18.5% | ||
| Q2 24 | 1.9% | 20.0% |
| Q1 26 | $0.35 | — | ||
| Q4 25 | $-0.02 | — | ||
| Q3 25 | $0.84 | $0.46 | ||
| Q2 25 | $2.61 | $0.53 | ||
| Q1 25 | $1.48 | $0.24 | ||
| Q4 24 | $4.27 | — | ||
| Q3 24 | $1.56 | $0.36 | ||
| Q2 24 | $0.48 | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $839.0M | $3.8B |
| Total DebtLower is stronger | $13.2B | $9.4B |
| Stockholders' EquityBook value | $17.4B | $18.9B |
| Total Assets | $47.6B | $58.2B |
| Debt / EquityLower = less leverage | 0.76× | 0.50× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $839.0M | — | ||
| Q4 25 | $2.0B | $3.8B | ||
| Q3 25 | $3.2B | $4.3B | ||
| Q2 25 | $7.1B | $4.5B | ||
| Q1 25 | $3.9B | $4.4B | ||
| Q4 24 | $3.8B | $3.9B | ||
| Q3 24 | $3.0B | $5.0B | ||
| Q2 24 | $1.3B | $5.3B |
| Q1 26 | $13.2B | — | ||
| Q4 25 | $10.2B | $9.4B | ||
| Q3 25 | $11.1B | — | ||
| Q2 25 | $7.7B | — | ||
| Q1 25 | $5.4B | $9.4B | ||
| Q4 24 | $5.4B | $8.9B | ||
| Q3 24 | $5.4B | $9.7B | ||
| Q2 24 | $4.1B | $9.4B |
| Q1 26 | $17.4B | — | ||
| Q4 25 | $15.9B | $18.9B | ||
| Q3 25 | $15.8B | $18.7B | ||
| Q2 25 | $10.9B | $18.2B | ||
| Q1 25 | $10.6B | $17.7B | ||
| Q4 24 | $9.9B | $17.6B | ||
| Q3 24 | $10.1B | $17.5B | ||
| Q2 24 | $10.0B | $17.4B |
| Q1 26 | $47.6B | — | ||
| Q4 25 | $44.5B | $58.2B | ||
| Q3 25 | $46.3B | $56.8B | ||
| Q2 25 | $31.2B | $56.5B | ||
| Q1 25 | $26.7B | $56.0B | ||
| Q4 24 | $24.9B | $54.8B | ||
| Q3 24 | $25.3B | $55.4B | ||
| Q2 24 | $24.4B | $54.6B |
| Q1 26 | 0.76× | — | ||
| Q4 25 | 0.64× | 0.50× | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.51× | 0.53× | ||
| Q4 24 | 0.54× | 0.51× | ||
| Q3 24 | 0.54× | 0.55× | ||
| Q2 24 | 0.41× | 0.54× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $693.0M |
| Free Cash FlowOCF − Capex | — | $-312.0M |
| FCF MarginFCF / Revenue | — | -5.9% |
| Capex IntensityCapex / Revenue | 1.5% | 19.1% |
| Cash ConversionOCF / Net Profit | — | 1.23× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $693.0M | ||
| Q3 25 | $854.0M | $1.7B | ||
| Q2 25 | $-1.1B | $2.2B | ||
| Q1 25 | $-285.0M | $1.1B | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $1.3B | $1.9B | ||
| Q2 24 | $-1.5B | $2.0B |
| Q1 26 | — | — | ||
| Q4 25 | $809.0M | $-312.0M | ||
| Q3 25 | $385.0M | $608.0M | ||
| Q2 25 | $-1.5B | $934.0M | ||
| Q1 25 | $-595.0M | $-114.0M | ||
| Q4 24 | $564.0M | $197.0M | ||
| Q3 24 | $973.0M | $673.0M | ||
| Q2 24 | $-1.8B | $840.0M |
| Q1 26 | — | — | ||
| Q4 25 | 16.6% | -5.9% | ||
| Q3 25 | 8.8% | 8.9% | ||
| Q2 25 | -36.8% | 12.4% | ||
| Q1 25 | -16.2% | -2.0% | ||
| Q4 24 | 14.1% | 3.4% | ||
| Q3 24 | 25.1% | 10.1% | ||
| Q2 24 | -47.4% | 13.1% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 11.0% | 19.1% | ||
| Q3 25 | 10.7% | 15.5% | ||
| Q2 25 | 10.1% | 16.8% | ||
| Q1 25 | 8.5% | 21.0% | ||
| Q4 24 | 12.2% | 21.1% | ||
| Q3 24 | 9.1% | 17.9% | ||
| Q2 24 | 8.0% | 17.4% |
| Q1 26 | — | — | ||
| Q4 25 | 14.18× | 1.23× | ||
| Q3 25 | 5.14× | 1.33× | ||
| Q2 25 | -3.03× | 1.42× | ||
| Q1 25 | -1.42× | 1.33× | ||
| Q4 24 | 1.75× | 1.99× | ||
| Q3 24 | 6.00× | 1.51× | ||
| Q2 24 | -21.06× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BG
Segment breakdown not available.
FCX
| Morenci | $2.5B | 47% |
| Grasberg Segment | $964.0M | 18% |
| Copper In Concentrates | $934.0M | 18% |
| Molybdenum | $541.0M | 10% |
| Gold | $388.0M | 7% |
