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Side-by-side financial comparison of Bunge Global (BG) and Morgan Stanley (MS). Click either name above to swap in a different company.

Bunge Global is the larger business by last-quarter revenue ($21.9B vs $17.9B, roughly 1.2× Morgan Stanley). Morgan Stanley runs the higher net margin — 24.6% vs 0.3%, a 24.3% gap on every dollar of revenue.

Bunge Global SA (BUN-ghee) is a global agribusiness and food company, incorporated in Geneva, Switzerland and headquartered in St. Louis, Missouri, United States.

Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2023 Fortune 500 list of the largest United States corporations by total revenue and in the same year ranked No. 30 in the Forbes Global 2000.

BG vs MS — Head-to-Head

Bigger by revenue
BG
BG
1.2× larger
BG
$21.9B
$17.9B
MS
Higher net margin
MS
MS
24.3% more per $
MS
24.6%
0.3%
BG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BG
BG
MS
MS
Revenue
$21.9B
$17.9B
Net Profit
$68.0M
$4.4B
Gross Margin
3.5%
Operating Margin
32.2%
Net Margin
0.3%
24.6%
Revenue YoY
43.4%
Net Profit YoY
-66.2%
EPS (diluted)
$0.35
$2.68

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.

Revenue
BG
BG
MS
MS
Q1 26
$21.9B
Q4 25
$4.9B
$17.9B
Q3 25
$4.4B
$18.2B
Q2 25
$4.0B
$16.8B
Q1 25
$3.7B
$17.7B
Q4 24
$4.0B
Q3 24
$3.9B
$15.4B
Q2 24
$3.7B
$15.0B
Net Profit
BG
BG
MS
MS
Q1 26
$68.0M
Q4 25
$95.0M
$4.4B
Q3 25
$166.0M
$4.6B
Q2 25
$354.0M
$3.5B
Q1 25
$201.0M
$4.3B
Q4 24
$602.0M
Q3 24
$221.0M
$3.2B
Q2 24
$70.0M
$3.1B
Gross Margin
BG
BG
MS
MS
Q1 26
3.5%
Q4 25
20.7%
Q3 25
24.3%
Q2 25
18.4%
Q1 25
16.3%
Q4 24
27.0%
Q3 24
19.9%
Q2 24
17.8%
Operating Margin
BG
BG
MS
MS
Q1 26
Q4 25
1.8%
32.2%
Q3 25
6.2%
33.1%
Q2 25
12.3%
27.5%
Q1 25
7.8%
31.3%
Q4 24
18.3%
Q3 24
8.3%
27.4%
Q2 24
2.8%
27.1%
Net Margin
BG
BG
MS
MS
Q1 26
0.3%
Q4 25
1.9%
24.6%
Q3 25
3.8%
25.3%
Q2 25
8.8%
21.1%
Q1 25
5.5%
24.3%
Q4 24
15.0%
Q3 24
5.7%
20.7%
Q2 24
1.9%
20.5%
EPS (diluted)
BG
BG
MS
MS
Q1 26
$0.35
Q4 25
$-0.02
$2.68
Q3 25
$0.84
$2.80
Q2 25
$2.61
$2.13
Q1 25
$1.48
$2.60
Q4 24
$4.27
Q3 24
$1.56
$1.88
Q2 24
$0.48
$1.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BG
BG
MS
MS
Cash + ST InvestmentsLiquidity on hand
$839.0M
$111.7B
Total DebtLower is stronger
$13.2B
$341.7B
Stockholders' EquityBook value
$17.4B
$111.6B
Total Assets
$47.6B
$1420.3B
Debt / EquityLower = less leverage
0.76×
3.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BG
BG
MS
MS
Q1 26
$839.0M
Q4 25
$2.0B
$111.7B
Q3 25
$3.2B
$103.7B
Q2 25
$7.1B
$109.1B
Q1 25
$3.9B
$90.7B
Q4 24
$3.8B
Q3 24
$3.0B
$91.1B
Q2 24
$1.3B
$90.2B
Total Debt
BG
BG
MS
MS
Q1 26
$13.2B
Q4 25
$10.2B
$341.7B
Q3 25
$11.1B
$324.1B
Q2 25
$7.7B
$320.1B
Q1 25
$5.4B
$297.0B
Q4 24
$5.4B
Q3 24
$5.4B
$291.2B
Q2 24
$4.1B
$269.9B
Stockholders' Equity
BG
BG
MS
MS
Q1 26
$17.4B
Q4 25
$15.9B
$111.6B
Q3 25
$15.8B
$110.0B
Q2 25
$10.9B
$108.2B
Q1 25
$10.6B
$106.8B
Q4 24
$9.9B
Q3 24
$10.1B
$103.6B
Q2 24
$10.0B
$100.7B
Total Assets
BG
BG
MS
MS
Q1 26
$47.6B
Q4 25
$44.5B
$1420.3B
Q3 25
$46.3B
$1364.8B
Q2 25
$31.2B
$1353.9B
Q1 25
$26.7B
$1300.3B
Q4 24
$24.9B
Q3 24
$25.3B
$1258.0B
Q2 24
$24.4B
$1212.4B
Debt / Equity
BG
BG
MS
MS
Q1 26
0.76×
Q4 25
0.64×
3.06×
Q3 25
0.71×
2.95×
Q2 25
0.71×
2.96×
Q1 25
0.51×
2.78×
Q4 24
0.54×
Q3 24
0.54×
2.81×
Q2 24
0.41×
2.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BG
BG
MS
MS
Operating Cash FlowLast quarter
$-2.4B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
-0.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BG
BG
MS
MS
Q1 26
Q4 25
$1.3B
$-2.4B
Q3 25
$854.0M
$-3.3B
Q2 25
$-1.1B
$11.8B
Q1 25
$-285.0M
$-24.0B
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$-1.5B
Free Cash Flow
BG
BG
MS
MS
Q1 26
Q4 25
$809.0M
Q3 25
$385.0M
Q2 25
$-1.5B
Q1 25
$-595.0M
Q4 24
$564.0M
Q3 24
$973.0M
Q2 24
$-1.8B
FCF Margin
BG
BG
MS
MS
Q1 26
Q4 25
16.6%
Q3 25
8.8%
Q2 25
-36.8%
Q1 25
-16.2%
Q4 24
14.1%
Q3 24
25.1%
Q2 24
-47.4%
Capex Intensity
BG
BG
MS
MS
Q1 26
1.5%
Q4 25
11.0%
Q3 25
10.7%
Q2 25
10.1%
Q1 25
8.5%
Q4 24
12.2%
Q3 24
9.1%
Q2 24
8.0%
Cash Conversion
BG
BG
MS
MS
Q1 26
Q4 25
14.18×
-0.55×
Q3 25
5.14×
-0.72×
Q2 25
-3.03×
3.34×
Q1 25
-1.42×
-5.56×
Q4 24
1.75×
Q3 24
6.00×
Q2 24
-21.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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