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

Bunge Global is the larger business by last-quarter revenue ($21.9B vs $7.4B, roughly 3.0× U.S. Bancorp). U.S. Bancorp runs the higher net margin — 27.8% vs 0.3%, a 27.5% gap on every dollar of revenue. On growth, Bunge Global posted the faster year-over-year revenue change (43.4% vs 5.1%). Over the past eight quarters, Bunge Global's revenue compounded faster (142.0% CAGR vs 4.7%).

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

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

BG vs USB — Head-to-Head

Bigger by revenue
BG
BG
3.0× larger
BG
$21.9B
$7.4B
USB
Growing faster (revenue YoY)
BG
BG
+38.3% gap
BG
43.4%
5.1%
USB
Higher net margin
USB
USB
27.5% more per $
USB
27.8%
0.3%
BG
Faster 2-yr revenue CAGR
BG
BG
Annualised
BG
142.0%
4.7%
USB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BG
BG
USB
USB
Revenue
$21.9B
$7.4B
Net Profit
$68.0M
$2.0B
Gross Margin
3.5%
Operating Margin
34.4%
Net Margin
0.3%
27.8%
Revenue YoY
43.4%
5.1%
Net Profit YoY
-66.2%
23.0%
EPS (diluted)
$0.35
$1.26

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
USB
USB
Q1 26
$21.9B
Q4 25
$4.9B
$7.4B
Q3 25
$4.4B
$7.3B
Q2 25
$4.0B
$7.0B
Q1 25
$3.7B
$7.0B
Q4 24
$4.0B
$7.0B
Q3 24
$3.9B
$6.9B
Q2 24
$3.7B
$6.9B
Net Profit
BG
BG
USB
USB
Q1 26
$68.0M
Q4 25
$95.0M
$2.0B
Q3 25
$166.0M
$2.0B
Q2 25
$354.0M
$1.8B
Q1 25
$201.0M
$1.7B
Q4 24
$602.0M
$1.7B
Q3 24
$221.0M
$1.7B
Q2 24
$70.0M
$1.6B
Gross Margin
BG
BG
USB
USB
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
USB
USB
Q1 26
Q4 25
1.8%
34.4%
Q3 25
6.2%
34.5%
Q2 25
12.3%
32.7%
Q1 25
7.8%
31.0%
Q4 24
18.3%
30.1%
Q3 24
8.3%
30.2%
Q2 24
2.8%
29.9%
Net Margin
BG
BG
USB
USB
Q1 26
0.3%
Q4 25
1.9%
27.8%
Q3 25
3.8%
27.3%
Q2 25
8.8%
25.9%
Q1 25
5.5%
24.6%
Q4 24
15.0%
23.7%
Q3 24
5.7%
25.0%
Q2 24
1.9%
23.3%
EPS (diluted)
BG
BG
USB
USB
Q1 26
$0.35
Q4 25
$-0.02
$1.26
Q3 25
$0.84
$1.22
Q2 25
$2.61
$1.11
Q1 25
$1.48
$1.03
Q4 24
$4.27
$1.01
Q3 24
$1.56
$1.03
Q2 24
$0.48
$0.97

Balance Sheet & Financial Strength

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

Metric
BG
BG
USB
USB
Cash + ST InvestmentsLiquidity on hand
$839.0M
Total DebtLower is stronger
$13.2B
Stockholders' EquityBook value
$17.4B
$65.2B
Total Assets
$47.6B
$692.3B
Debt / EquityLower = less leverage
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BG
BG
USB
USB
Q1 26
$839.0M
Q4 25
$2.0B
Q3 25
$3.2B
Q2 25
$7.1B
Q1 25
$3.9B
Q4 24
$3.8B
Q3 24
$3.0B
Q2 24
$1.3B
Total Debt
BG
BG
USB
USB
Q1 26
$13.2B
Q4 25
$10.2B
Q3 25
$11.1B
Q2 25
$7.7B
Q1 25
$5.4B
Q4 24
$5.4B
Q3 24
$5.4B
Q2 24
$4.1B
Stockholders' Equity
BG
BG
USB
USB
Q1 26
$17.4B
Q4 25
$15.9B
$65.2B
Q3 25
$15.8B
$63.3B
Q2 25
$10.9B
$61.4B
Q1 25
$10.6B
$60.1B
Q4 24
$9.9B
$58.6B
Q3 24
$10.1B
$58.9B
Q2 24
$10.0B
$56.4B
Total Assets
BG
BG
USB
USB
Q1 26
$47.6B
Q4 25
$44.5B
$692.3B
Q3 25
$46.3B
$695.4B
Q2 25
$31.2B
$686.4B
Q1 25
$26.7B
$676.5B
Q4 24
$24.9B
$678.3B
Q3 24
$25.3B
$686.5B
Q2 24
$24.4B
$680.1B
Debt / Equity
BG
BG
USB
USB
Q1 26
0.76×
Q4 25
0.64×
Q3 25
0.71×
Q2 25
0.71×
Q1 25
0.51×
Q4 24
0.54×
Q3 24
0.54×
Q2 24
0.41×

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
USB
USB
Operating Cash FlowLast quarter
$2.8B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
1.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BG
BG
USB
USB
Q1 26
Q4 25
$1.3B
$2.8B
Q3 25
$854.0M
$3.4B
Q2 25
$-1.1B
$2.0B
Q1 25
$-285.0M
$-285.0M
Q4 24
$1.1B
$4.8B
Q3 24
$1.3B
$972.0M
Q2 24
$-1.5B
$2.9B
Free Cash Flow
BG
BG
USB
USB
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
USB
USB
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
USB
USB
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
USB
USB
Q1 26
Q4 25
14.18×
1.39×
Q3 25
5.14×
1.69×
Q2 25
-3.03×
1.12×
Q1 25
-1.42×
-0.17×
Q4 24
1.75×
2.87×
Q3 24
6.00×
0.57×
Q2 24
-21.06×
1.79×

Financial Flow Comparison

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

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