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Side-by-side financial comparison of Bunge Global (BG) and S&P Global (SPGI). Click either name above to swap in a different company.

Bunge Global is the larger business by last-quarter revenue ($21.9B vs $4.2B, roughly 5.2× S&P Global). S&P Global runs the higher net margin — 36.1% vs 0.3%, a 35.7% gap on every dollar of revenue. On growth, Bunge Global posted the faster year-over-year revenue change (43.4% vs 10.0%). Over the past eight quarters, Bunge Global's revenue compounded faster (142.0% CAGR vs 8.4%).

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

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, S&P Global Mobility, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

BG vs SPGI — Head-to-Head

Bigger by revenue
BG
BG
5.2× larger
BG
$21.9B
$4.2B
SPGI
Growing faster (revenue YoY)
BG
BG
+33.4% gap
BG
43.4%
10.0%
SPGI
Higher net margin
SPGI
SPGI
35.7% more per $
SPGI
36.1%
0.3%
BG
Faster 2-yr revenue CAGR
BG
BG
Annualised
BG
142.0%
8.4%
SPGI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BG
BG
SPGI
SPGI
Revenue
$21.9B
$4.2B
Net Profit
$68.0M
$1.5B
Gross Margin
3.5%
Operating Margin
48.0%
Net Margin
0.3%
36.1%
Revenue YoY
43.4%
10.0%
Net Profit YoY
-66.2%
28.0%
EPS (diluted)
$0.35
$4.69

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
SPGI
SPGI
Q1 26
$21.9B
$4.2B
Q4 25
$4.9B
$3.9B
Q3 25
$4.4B
$3.9B
Q2 25
$4.0B
$3.8B
Q1 25
$3.7B
$3.8B
Q4 24
$4.0B
$3.6B
Q3 24
$3.9B
$3.6B
Q2 24
$3.7B
$3.5B
Net Profit
BG
BG
SPGI
SPGI
Q1 26
$68.0M
$1.5B
Q4 25
$95.0M
$1.1B
Q3 25
$166.0M
$1.2B
Q2 25
$354.0M
$1.1B
Q1 25
$201.0M
$1.1B
Q4 24
$602.0M
$879.0M
Q3 24
$221.0M
$971.0M
Q2 24
$70.0M
$1.0B
Gross Margin
BG
BG
SPGI
SPGI
Q1 26
3.5%
Q4 25
20.7%
70.1%
Q3 25
24.3%
71.2%
Q2 25
18.4%
70.2%
Q1 25
16.3%
69.5%
Q4 24
27.0%
69.8%
Q3 24
19.9%
70.0%
Q2 24
17.8%
69.4%
Operating Margin
BG
BG
SPGI
SPGI
Q1 26
48.0%
Q4 25
1.8%
42.7%
Q3 25
6.2%
43.1%
Q2 25
12.3%
41.3%
Q1 25
7.8%
41.8%
Q4 24
18.3%
36.4%
Q3 24
8.3%
40.1%
Q2 24
2.8%
40.9%
Net Margin
BG
BG
SPGI
SPGI
Q1 26
0.3%
36.1%
Q4 25
1.9%
28.9%
Q3 25
3.8%
30.2%
Q2 25
8.8%
28.5%
Q1 25
5.5%
28.9%
Q4 24
15.0%
24.5%
Q3 24
5.7%
27.2%
Q2 24
1.9%
28.5%
EPS (diluted)
BG
BG
SPGI
SPGI
Q1 26
$0.35
$4.69
Q4 25
$-0.02
$3.76
Q3 25
$0.84
$3.86
Q2 25
$2.61
$3.50
Q1 25
$1.48
$3.54
Q4 24
$4.27
$2.85
Q3 24
$1.56
$3.11
Q2 24
$0.48
$3.23

Balance Sheet & Financial Strength

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

Metric
BG
BG
SPGI
SPGI
Cash + ST InvestmentsLiquidity on hand
$839.0M
Total DebtLower is stronger
$13.2B
$13.3B
Stockholders' EquityBook value
$17.4B
$31.3B
Total Assets
$47.6B
$60.8B
Debt / EquityLower = less leverage
0.76×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BG
BG
SPGI
SPGI
Q1 26
$839.0M
Q4 25
$2.0B
$1.8B
Q3 25
$3.2B
$1.7B
Q2 25
$7.1B
$1.8B
Q1 25
$3.9B
$1.5B
Q4 24
$3.8B
$1.7B
Q3 24
$3.0B
$1.7B
Q2 24
$1.3B
$2.0B
Total Debt
BG
BG
SPGI
SPGI
Q1 26
$13.2B
$13.3B
Q4 25
$10.2B
$13.1B
Q3 25
$11.1B
$11.4B
Q2 25
$7.7B
$11.4B
Q1 25
$5.4B
$11.4B
Q4 24
$5.4B
$11.4B
Q3 24
$5.4B
$11.4B
Q2 24
$4.1B
$11.4B
Stockholders' Equity
BG
BG
SPGI
SPGI
Q1 26
$17.4B
$31.3B
Q4 25
$15.9B
$31.1B
Q3 25
$15.8B
$33.1B
Q2 25
$10.9B
$33.4B
Q1 25
$10.6B
$33.4B
Q4 24
$9.9B
$33.2B
Q3 24
$10.1B
$34.0B
Q2 24
$10.0B
$34.9B
Total Assets
BG
BG
SPGI
SPGI
Q1 26
$47.6B
$60.8B
Q4 25
$44.5B
$61.2B
Q3 25
$46.3B
$59.7B
Q2 25
$31.2B
$60.4B
Q1 25
$26.7B
$59.9B
Q4 24
$24.9B
$60.2B
Q3 24
$25.3B
$60.4B
Q2 24
$24.4B
$61.0B
Debt / Equity
BG
BG
SPGI
SPGI
Q1 26
0.76×
0.43×
Q4 25
0.64×
0.42×
Q3 25
0.71×
0.34×
Q2 25
0.71×
0.34×
Q1 25
0.51×
0.34×
Q4 24
0.54×
0.34×
Q3 24
0.54×
0.34×
Q2 24
0.41×
0.33×

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
SPGI
SPGI
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$919.0M
FCF MarginFCF / Revenue
22.0%
Capex IntensityCapex / Revenue
1.5%
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BG
BG
SPGI
SPGI
Q1 26
Q4 25
$1.3B
$1.7B
Q3 25
$854.0M
$1.5B
Q2 25
$-1.1B
$1.4B
Q1 25
$-285.0M
$953.0M
Q4 24
$1.1B
$1.7B
Q3 24
$1.3B
$1.4B
Q2 24
$-1.5B
$1.6B
Free Cash Flow
BG
BG
SPGI
SPGI
Q1 26
$919.0M
Q4 25
$809.0M
$1.7B
Q3 25
$385.0M
$1.5B
Q2 25
$-1.5B
$1.4B
Q1 25
$-595.0M
$910.0M
Q4 24
$564.0M
$1.7B
Q3 24
$973.0M
$1.4B
Q2 24
$-1.8B
$1.5B
FCF Margin
BG
BG
SPGI
SPGI
Q1 26
22.0%
Q4 25
16.6%
43.5%
Q3 25
8.8%
37.6%
Q2 25
-36.8%
36.9%
Q1 25
-16.2%
24.1%
Q4 24
14.1%
47.5%
Q3 24
25.1%
39.4%
Q2 24
-47.4%
42.9%
Capex Intensity
BG
BG
SPGI
SPGI
Q1 26
1.5%
0.6%
Q4 25
11.0%
1.2%
Q3 25
10.7%
1.2%
Q2 25
10.1%
1.6%
Q1 25
8.5%
1.1%
Q4 24
12.2%
0.9%
Q3 24
9.1%
1.0%
Q2 24
8.0%
0.9%
Cash Conversion
BG
BG
SPGI
SPGI
Q1 26
Q4 25
14.18×
1.54×
Q3 25
5.14×
1.28×
Q2 25
-3.03×
1.35×
Q1 25
-1.42×
0.87×
Q4 24
1.75×
1.98×
Q3 24
6.00×
1.49×
Q2 24
-21.06×
1.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BG
BG

Segment breakdown not available.

SPGI
SPGI

Ratings$1.3B31%
Market Intelligence$1.3B31%
Energy$652.0M16%
Indices$519.0M12%
Mobility$454.0M11%

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