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Side-by-side financial comparison of Bunge Global (BG) and REINSURANCE GROUP OF AMERICA INC (RGA). Click either name above to swap in a different company.
Bunge Global is the larger business by last-quarter revenue ($21.9B vs $6.6B, roughly 3.3× REINSURANCE GROUP OF AMERICA INC). REINSURANCE GROUP OF AMERICA INC runs the higher net margin — 7.0% vs 0.3%, a 6.7% gap on every dollar of revenue. On growth, Bunge Global posted the faster year-over-year revenue change (43.4% vs 26.6%). Over the past eight quarters, Bunge Global's revenue compounded faster (142.0% CAGR vs 2.3%).
Bunge Global SA (BUN-ghee) is a global agribusiness and food company, incorporated in Geneva, Switzerland and headquartered in St. Louis, Missouri, United States.
Reinsurance Group of America, Incorporated is a holding company for a global life and health reinsurance entity based in Greater St. Louis within the western suburb of Chesterfield, Missouri, United States. With approximately $3.9 trillion of life reinsurance in force and assets of $118.7 billion as of December 31, 2024, RGA has grown to become the only international company to focus primarily on life and health-related reinsurance.
BG vs RGA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $21.9B | $6.6B |
| Net Profit | $68.0M | $463.0M |
| Gross Margin | 3.5% | — |
| Operating Margin | — | 7.7% |
| Net Margin | 0.3% | 7.0% |
| Revenue YoY | 43.4% | 26.6% |
| Net Profit YoY | -66.2% | 212.8% |
| EPS (diluted) | $0.35 | $6.91 |
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 | $6.6B | ||
| Q3 25 | $4.4B | $6.2B | ||
| Q2 25 | $4.0B | $5.6B | ||
| Q1 25 | $3.7B | $5.3B | ||
| Q4 24 | $4.0B | $5.2B | ||
| Q3 24 | $3.9B | $5.7B | ||
| Q2 24 | $3.7B | $4.9B |
| Q1 26 | $68.0M | — | ||
| Q4 25 | $95.0M | $463.0M | ||
| Q3 25 | $166.0M | $253.0M | ||
| Q2 25 | $354.0M | $180.0M | ||
| Q1 25 | $201.0M | $286.0M | ||
| Q4 24 | $602.0M | $148.0M | ||
| Q3 24 | $221.0M | $156.0M | ||
| Q2 24 | $70.0M | $203.0M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.8% | 7.7% | ||
| Q3 25 | 6.2% | 5.2% | ||
| Q2 25 | 12.3% | 6.1% | ||
| Q1 25 | 7.8% | 7.0% | ||
| Q4 24 | 18.3% | 4.3% | ||
| Q3 24 | 8.3% | 3.8% | ||
| Q2 24 | 2.8% | 5.5% |
| Q1 26 | 0.3% | — | ||
| Q4 25 | 1.9% | 7.0% | ||
| Q3 25 | 3.8% | 4.1% | ||
| Q2 25 | 8.8% | 3.2% | ||
| Q1 25 | 5.5% | 5.4% | ||
| Q4 24 | 15.0% | 2.8% | ||
| Q3 24 | 5.7% | 2.8% | ||
| Q2 24 | 1.9% | 4.2% |
| Q1 26 | $0.35 | — | ||
| Q4 25 | $-0.02 | $6.91 | ||
| Q3 25 | $0.84 | $3.81 | ||
| Q2 25 | $2.61 | $2.70 | ||
| Q1 25 | $1.48 | $4.27 | ||
| Q4 24 | $4.27 | $2.21 | ||
| Q3 24 | $1.56 | $2.33 | ||
| Q2 24 | $0.48 | $3.03 |
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 | $4.2B |
| Total DebtLower is stronger | $13.2B | $5.7B |
| Stockholders' EquityBook value | $17.4B | $13.5B |
| Total Assets | $47.6B | $156.6B |
| Debt / EquityLower = less leverage | 0.76× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $839.0M | — | ||
| Q4 25 | $2.0B | $4.2B | ||
| Q3 25 | $3.2B | $4.6B | ||
| Q2 25 | $7.1B | $5.4B | ||
| Q1 25 | $3.9B | $5.2B | ||
| Q4 24 | $3.8B | $3.3B | ||
| Q3 24 | $3.0B | $5.2B | ||
| Q2 24 | $1.3B | $4.6B |
| Q1 26 | $13.2B | — | ||
| Q4 25 | $10.2B | $5.7B | ||
| Q3 25 | $11.1B | $5.7B | ||
| Q2 25 | $7.7B | $5.7B | ||
| Q1 25 | $5.4B | $5.7B | ||
| Q4 24 | $5.4B | $5.0B | ||
| Q3 24 | $5.4B | $5.1B | ||
| Q2 24 | $4.1B | $5.1B |
| Q1 26 | $17.4B | — | ||
| Q4 25 | $15.9B | $13.5B | ||
| Q3 25 | $15.8B | $13.0B | ||
| Q2 25 | $10.9B | $12.1B | ||
| Q1 25 | $10.6B | $11.4B | ||
| Q4 24 | $9.9B | $10.8B | ||
| Q3 24 | $10.1B | $11.1B | ||
| Q2 24 | $10.0B | $9.7B |
| Q1 26 | $47.6B | — | ||
| Q4 25 | $44.5B | $156.6B | ||
| Q3 25 | $46.3B | $152.0B | ||
| Q2 25 | $31.2B | $133.5B | ||
| Q1 25 | $26.7B | $128.2B | ||
| Q4 24 | $24.9B | $118.7B | ||
| Q3 24 | $25.3B | $120.3B | ||
| Q2 24 | $24.4B | $109.9B |
| Q1 26 | 0.76× | — | ||
| Q4 25 | 0.64× | 0.42× | ||
| Q3 25 | 0.71× | 0.44× | ||
| Q2 25 | 0.71× | 0.48× | ||
| Q1 25 | 0.51× | 0.50× | ||
| Q4 24 | 0.54× | 0.47× | ||
| Q3 24 | 0.54× | 0.46× | ||
| Q2 24 | 0.41× | 0.52× |
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 | — | $7.3B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 1.5% | — |
| Cash ConversionOCF / Net Profit | — | 15.83× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $7.3B | ||
| Q3 25 | $854.0M | $-990.0M | ||
| Q2 25 | $-1.1B | $-820.0M | ||
| Q1 25 | $-285.0M | $-1.4B | ||
| Q4 24 | $1.1B | $17.1B | ||
| Q3 24 | $1.3B | $-1.1B | ||
| Q2 24 | $-1.5B | $-967.0M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 14.18× | 15.83× | ||
| Q3 25 | 5.14× | -3.91× | ||
| Q2 25 | -3.03× | -4.56× | ||
| Q1 25 | -1.42× | -5.00× | ||
| Q4 24 | 1.75× | 115.81× | ||
| Q3 24 | 6.00× | -6.84× | ||
| Q2 24 | -21.06× | -4.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
