Discontinued — last reported Q3 '24

Business Segments · Gross Profit

Agribusiness — Gross Profit

Bunge Agribusiness — Gross Profit increased by 35.6% to $392.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 39.2%, from $645.00M to $392.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2024
Rolls up toGross Profit

How to read this metric

An increase suggests improved margins through better commodity sourcing, pricing power, or operational efficiency, while a decrease may indicate rising input costs or competitive pricing pressure.

Detailed definition

This metric represents the difference between net sales and the direct costs of goods sold specifically for the agribusi...

Peer comparison

Commonly reported as Segment Gross Profit or Segment Contribution Margin in global agribusiness and commodity trading firms.

Metric ID: bg_segment_agribusiness_gross_profit

Historical Data

6 periods
 Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24
Value$808.00M$997.00M$645.00M$454.00M$289.00M$392.00M
QoQ Change+23.4%-35.3%-29.6%-36.3%+35.6%
YoY Change-43.8%-71.0%-39.2%
Range$289.00M$997.00M
CAGR-43.9%
Avg YoY Growth-51.3%
Median YoY Growth-43.8%

Frequently Asked Questions

What is Bunge's agribusiness — gross profit?
Bunge (BG) reported agribusiness — gross profit of $392.00M in Q3 2024.
How has Bunge's agribusiness — gross profit changed year-over-year?
Bunge's agribusiness — gross profit decreased by 39.2% year-over-year, from $645.00M to $392.00M.
What does agribusiness — gross profit mean?
The profit earned from agribusiness operations after subtracting the direct costs of producing or sourcing the goods sold.