See more : Nvni Group Limited Ordinary Shares (NVNI) Income Statement Analysis – Financial Results
Complete financial analysis of General Mills, Inc. (GIS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of General Mills, Inc., a leading company in the Packaged Foods industry within the Consumer Defensive sector.
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General Mills, Inc. (GIS)
About General Mills, Inc.
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also supplies branded and unbranded food products to the North American foodservice and commercial baking industries; and manufactures and markets pet food products, including dog and cat food. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | 1984 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 19.86B | 20.09B | 18.99B | 18.13B | 17.63B | 16.87B | 15.74B | 15.62B | 16.56B | 17.63B | 17.91B | 17.77B | 16.66B | 14.88B | 14.80B | 14.69B | 13.65B | 12.44B | 11.64B | 11.24B | 11.07B | 10.51B | 7.95B | 7.08B | 6.70B | 6.25B | 6.03B | 5.61B | 5.42B | 5.03B | 8.52B | 8.13B | 7.78B | 7.15B | 6.45B | 5.62B | 5.18B | 5.19B | 4.59B | 4.29B | 4.12B |
| Cost of Revenue | 12.91B | 13.55B | 12.59B | 11.68B | 11.50B | 11.11B | 10.31B | 10.06B | 10.73B | 11.68B | 11.54B | 11.35B | 10.61B | 8.93B | 8.92B | 9.46B | 8.78B | 7.96B | 6.97B | 6.83B | 6.58B | 6.11B | 4.77B | 2.84B | 2.49B | 2.40B | 2.39B | 2.33B | 2.24B | 2.02B | 4.46B | 4.30B | 4.12B | 3.72B | 3.49B | 3.11B | 2.85B | 2.83B | 2.56B | 2.48B | 2.43B |
| Gross Profit | 6.95B | 6.55B | 6.40B | 6.45B | 6.13B | 5.76B | 5.43B | 5.56B | 5.83B | 5.95B | 6.37B | 6.42B | 6.04B | 5.95B | 5.87B | 5.23B | 4.87B | 4.49B | 4.67B | 4.41B | 4.49B | 4.40B | 3.18B | 4.24B | 4.21B | 3.85B | 3.64B | 3.28B | 3.18B | 3.00B | 4.06B | 3.84B | 3.65B | 3.43B | 2.96B | 2.51B | 2.33B | 2.36B | 2.02B | 1.81B | 1.69B |
| Gross Profit Ratio | 35.01% | 32.58% | 33.71% | 35.57% | 34.78% | 34.13% | 34.48% | 35.62% | 35.20% | 33.74% | 35.57% | 36.14% | 36.29% | 40.01% | 39.70% | 35.62% | 35.70% | 36.06% | 40.15% | 39.22% | 40.52% | 41.85% | 40.03% | 59.86% | 62.85% | 61.59% | 60.40% | 58.49% | 58.62% | 59.75% | 47.65% | 47.17% | 46.99% | 47.97% | 45.95% | 44.58% | 45.01% | 45.39% | 44.10% | 42.24% | 40.92% |
| Research & Development | 257.80M | 257.60M | 243.10M | 239.30M | 224.40M | 221.90M | 219.10M | 218.20M | 222.10M | 229.40M | 243.60M | 237.90M | 245.40M | 235.00M | 218.30M | 208.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.16B | 2.69B | 2.46B | 2.34B | 2.46B | 2.33B | 2.18B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.37B | 1.26B |
| Selling & Marketing | 824.60M | 810.00M | 690.10M | 736.30M | 691.80M | 601.60M | 575.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 3.26B | 3.50B | 3.15B | 3.08B | 3.15B | 2.94B | 2.75B | 2.80B | 3.12B | 3.33B | 3.47B | 3.55B | 3.38B | 3.19B | 3.24B | 2.95B | 2.63B | 2.39B | 2.68B | 2.42B | 2.44B | 2.47B | 1.91B | 3.07B | 2.90B | 2.63B | 2.50B | 2.24B | 2.13B | 2.12B | 2.76B | 2.65B | 2.50B | 2.39B | 2.14B | 1.81B | 1.71B | 1.76B | 1.55B | 1.37B | 1.26B |
| Other Expenses | 0.00 | 88.80M | 113.40M | 132.90M | 112.80M | 87.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 186.00M | 46.00M |
| Operating Expenses | 3.50B | 3.50B | 3.15B | 3.08B | 3.15B | 2.94B | 2.75B | 2.80B | 3.12B | 3.33B | 3.47B | 3.55B | 3.38B | 3.17B | 3.24B | 2.87B | 2.63B | 2.39B | 2.68B | 2.42B | 2.44B | 2.47B | 1.91B | 3.07B | 3.11B | 2.83B | 2.69B | 2.42B | 2.32B | 2.31B | 3.06B | 2.92B | 2.75B | 2.60B | 2.32B | 1.96B | 1.85B | 1.89B | 1.66B | 1.55B | 1.31B |
| Cost & Expenses | 16.43B | 17.05B | 15.74B | 14.76B | 14.65B | 14.04B | 13.07B | 12.86B | 13.85B | 15.01B | 15.01B | 14.90B | 13.99B | 12.10B | 12.16B | 12.33B | 11.40B | 10.35B | 9.64B | 9.25B | 9.03B | 8.58B | 6.68B | 5.91B | 5.60B | 5.23B | 5.08B | 4.75B | 4.56B | 4.34B | 7.52B | 7.22B | 6.88B | 6.33B | 5.80B | 5.08B | 4.70B | 4.72B | 4.22B | 4.03B | 3.74B |
| Interest Income | 18.80M | 14.00M | 3.80M | 7.40M | 6.00M | 5.60M | 11.70M | 7.00M | 8.10M | 13.20M | 16.10M | 12.60M | 9.90M | 7.40M | 6.80M | 7.20M | 27.30M | 31.00M | 26.80M | 30.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 498.00M | 396.10M | 383.40M | 427.70M | 472.50M | 527.40M | 385.40M | 302.10M | 311.90M | 328.60M | 318.50M | 329.50M | 361.80M | 353.70M | 408.40M | 390.00M | 449.00M | 458.00M | 426.40M | 485.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -60.00M | -19.00M |
| Depreciation & Amortization | 552.70M | 546.60M | 570.30M | 601.30M | 594.70M | 620.10M | 618.80M | 603.60M | 608.10M | 588.30M | 585.40M | 588.00M | 541.50M | 472.60M | 457.10M | 453.60M | 459.20M | 418.00M | 424.00M | 443.00M | 399.00M | 365.00M | 296.00M | 223.10M | 208.80M | 194.20M | 194.90M | 182.80M | 186.70M | 191.40M | 303.80M | 274.20M | 247.40M | 218.40M | 180.10M | 152.30M | 140.00M | 131.70M | 113.10M | 109.00M | 99.00M |
| EBITDA | 4.08B | 4.08B | 4.16B | 3.88B | 3.66B | 3.22B | 3.15B | 3.18B | 3.31B | 2.67B | 3.55B | 3.44B | 3.10B | 3.24B | 3.01B | 2.82B | 2.86B | 2.51B | 2.42B | 2.74B | 2.44B | 2.29B | 1.51B | 1.44B | 1.31B | 1.21B | 1.15B | 1.04B | 1.05B | 880.40M | 1.30B | 1.19B | 1.15B | 1.05B | 825.20M | 697.30M | 620.50M | 598.90M | 477.00M | 57.00M | 467.00M |
| EBITDA Ratio | 20.57% | 15.94% | 18.98% | 23.14% | 20.41% | 22.21% | 21.98% | 22.81% | 20.06% | 21.29% | 19.09% | 19.58% | 19.30% | 21.88% | 21.13% | 19.18% | 20.04% | 20.46% | 21.05% | 19.16% | 22.22% | 22.39% | 22.13% | 18.94% | 19.47% | 20.18% | 21.58% | 19.55% | 19.38% | 21.16% | 17.03% | 14.65% | 14.79% | 14.61% | 12.80% | 12.41% | 11.98% | 11.56% | 10.43% | 1.33% | 11.34% |
| Operating Income | 3.43B | 2.66B | 3.48B | 3.14B | 2.95B | 2.52B | 2.51B | 2.57B | 2.71B | 2.08B | 2.96B | 2.85B | 2.56B | 2.77B | 2.61B | 2.32B | 2.23B | 2.06B | 1.97B | 1.91B | 2.02B | 1.86B | 1.27B | 1.17B | 1.10B | 1.02B | 950.20M | 858.90M | 860.00M | 689.00M | 999.40M | 917.60M | 902.70M | 826.70M | 645.10M | 545.00M | 480.50M | 467.20M | 363.90M | 256.00M | 376.00M |
| Operating Income Ratio | 17.28% | 13.22% | 18.30% | 17.35% | 16.76% | 14.92% | 15.94% | 16.43% | 16.35% | 11.78% | 16.51% | 16.04% | 15.38% | 18.65% | 17.61% | 15.81% | 16.32% | 16.54% | 16.89% | 16.97% | 18.22% | 17.73% | 16.01% | 16.52% | 16.40% | 16.29% | 15.75% | 15.31% | 15.88% | 13.71% | 11.73% | 11.28% | 11.61% | 11.56% | 10.00% | 9.70% | 9.28% | 9.00% | 7.93% | 5.97% | 9.13% |
| Total Other Income/Expenses | -403.40M | -6.80M | -266.20M | -287.40M | -353.70M | -838.10M | -564.60M | -295.10M | -303.80M | -315.40M | -302.40M | -313.10M | -570.20M | -346.30M | -453.50M | -415.40M | -399.70M | -402.00M | -369.00M | -156.00M | -508.00M | -486.00M | -573.00M | -189.00M | -149.00M | -179.20M | -286.50M | -155.20M | -104.20M | -284.40M | -246.10M | -73.60M | -58.20M | -61.10M | -32.40M | -27.50M | -37.70M | -34.00M | -40.30M | -60.00M | -19.00M |
| Income Before Tax | 3.03B | 3.14B | 3.21B | 2.86B | 2.60B | 2.08B | 2.14B | 2.27B | 2.40B | 1.76B | 2.66B | 2.53B | 2.21B | 2.43B | 2.20B | 1.93B | 1.81B | 1.63B | 1.57B | 1.82B | 1.51B | 1.38B | 700.00M | 998.30M | 950.30M | 838.50M | 663.70M | 703.70M | 755.80M | 404.60M | 753.30M | 844.00M | 844.50M | 765.60M | 612.70M | 517.50M | 442.80M | 433.20M | 323.60M | 196.00M | 357.00M |
| Income Before Tax Ratio | 15.25% | 15.63% | 16.90% | 15.76% | 14.75% | 12.34% | 13.57% | 14.54% | 14.51% | 9.99% | 14.82% | 14.26% | 13.27% | 16.32% | 14.90% | 13.16% | 13.23% | 13.11% | 13.46% | 16.14% | 13.63% | 13.11% | 8.81% | 14.10% | 14.18% | 13.42% | 11.00% | 12.55% | 13.95% | 8.05% | 8.84% | 10.38% | 10.86% | 10.70% | 9.50% | 9.21% | 8.55% | 8.35% | 7.06% | 4.57% | 8.67% |
| Income Tax Expense | 594.50M | 612.20M | 586.30M | 629.10M | 480.50M | 367.80M | 57.30M | 655.20M | 755.20M | 586.80M | 883.30M | 741.20M | 709.60M | -721.10M | 771.20M | 720.40M | 622.20M | 560.00M | 541.00M | 664.00M | 528.00M | 460.00M | 239.00M | 349.90M | 335.90M | 304.00M | 241.90M | 258.30M | 279.40M | 144.90M | 283.60M | 337.90M | 338.90M | 301.40M | 239.00M | 202.20M | 177.40M | 211.20M | 140.10M | 81.00M | 154.00M |
| Net Income | 2.50B | 2.59B | 2.71B | 2.34B | 2.18B | 1.75B | 2.13B | 1.66B | 1.70B | 1.22B | 1.82B | 1.86B | 1.57B | 1.80B | 1.53B | 1.30B | 1.29B | 1.14B | 1.09B | 1.24B | 1.06B | 917.00M | 458.00M | 665.10M | 614.40M | 534.50M | 421.80M | 445.40M | 476.40M | 367.40M | 469.90M | 506.10M | 495.60M | 472.70M | 381.40M | 484.30M | 283.10M | 222.00M | 183.50M | -73.00M | 233.00M |
| Net Income Ratio | 12.57% | 12.91% | 14.25% | 12.91% | 12.37% | 10.39% | 13.54% | 10.61% | 10.25% | 6.93% | 10.19% | 10.44% | 9.41% | 12.09% | 10.34% | 8.88% | 9.48% | 9.19% | 9.36% | 11.03% | 9.53% | 8.73% | 5.76% | 9.40% | 9.17% | 8.56% | 6.99% | 7.94% | 8.80% | 7.31% | 5.52% | 6.22% | 6.37% | 6.61% | 5.91% | 8.62% | 5.47% | 4.28% | 4.00% | -1.70% | 5.66% |
| EPS | 4.34 | 4.36 | 4.46 | 3.81 | 3.59 | 2.92 | 3.69 | 2.82 | 2.83 | 2.02 | 2.90 | 2.86 | 2.42 | 2.80 | 2.32 | 1.96 | 1.93 | 1.65 | 1.53 | 1.67 | 1.41 | 1.25 | 0.69 | 1.17 | 1.02 | 0.88 | 0.67 | 0.71 | 0.75 | 0.59 | 0.74 | 0.78 | 0.75 | 0.72 | 0.59 | 0.75 | 0.42 | 0.32 | 0.26 | -0.10 | 0.31 |
| EPS Diluted | 4.31 | 4.31 | 4.42 | 3.78 | 3.56 | 2.90 | 3.64 | 2.77 | 2.77 | 1.97 | 2.83 | 2.79 | 2.35 | 2.70 | 2.24 | 1.90 | 1.86 | 1.59 | 1.45 | 1.54 | 1.30 | 1.22 | 0.67 | 1.14 | 1.00 | 0.85 | 0.65 | 0.69 | 0.74 | 0.59 | 0.74 | 0.78 | 0.75 | 0.72 | 0.59 | 0.75 | 0.42 | 0.32 | 0.26 | -0.10 | 0.31 |
| Weighted Avg Shares Out | 575.50M | 594.80M | 607.50M | 614.10M | 608.10M | 600.40M | 576.80M | 587.10M | 598.40M | 599.90M | 628.60M | 648.60M | 648.10M | 642.50M | 659.60M | 663.70M | 666.00M | 693.00M | 715.40M | 742.00M | 750.00M | 738.00M | 662.00M | 568.00M | 598.20M | 613.00M | 632.40M | 631.77M | 635.20M | 628.03M | 635.00M | 653.03M | 660.80M | 656.53M | 651.97M | 650.07M | 674.05M | 704.76M | 705.77M | 715.00M | 750.00M |
| Weighted Avg Shares Out (Dil) | 579.50M | 601.20M | 612.60M | 619.10M | 613.30M | 605.40M | 585.70M | 598.00M | 611.20M | 614.90M | 645.70M | 665.60M | 666.70M | 664.40M | 683.30M | 687.10M | 693.80M | 720.40M | 757.60M | 818.00M | 826.00M | 756.00M | 684.00M | 584.00M | 614.60M | 629.40M | 649.20M | 645.51M | 648.16M | 628.03M | 635.00M | 653.03M | 660.80M | 656.53M | 651.97M | 650.07M | 674.05M | 704.76M | 705.77M | 715.00M | 750.00M |
GIS Q1 Earnings Top, Organic Sales Dip on Unfavorable Pricing
General Mills' first-quarter fiscal 2025 results reflect lower earnings and sales due to the adverse net price realization and mix.
General Mills, Inc. (GIS) Q1 2025 Earnings Call Transcript
General Mills, Inc. (NYSE:GIS ) Q1 2025 Earnings Call Transcript September 18, 2024 9:00 AM ET Company Participants Jeff Siemon - VP of IR and Treasurer Jeffrey Harmening - Chairman and CEO Kofi Bruce - CFO Conference Call Participants Matt...
General Mills Reports Decline in Profits Amid 'Uncertain' Consumer Backdrop
General Mills (GIS) reported sales and profits dropped in its fiscal first quarter from the same time last year as lower prices and higher costs weighed on the breakfast and snack food giant's margins.
General Mills (GIS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for General Mills (GIS) give insight into how the company performed in the quarter ended August 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cramer's Mad Dash: General Mills
CNBC's Jim Cramer delivers his daily Mad Dash.
US Stocks Mixed; General Mills Posts Upbeat Earnings
U.S. stocks traded mixed this morning, with the Dow Jones index falling over 50 points on Wednesday.
General Mills (GIS) Tops Q1 Earnings and Revenue Estimates
General Mills (GIS) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1.09 per share a year ago.
General Mills profit falls 14% on inflation woes, margin pressure
General Mills Inc.'s stock was down 2.7% in premarket trading on Wednesday after the packaged food giant said its first-quarter profit fell 14% due to inflation and pressure on margins.
General Mills Beats Earnings Estimates. Why the Stock Is Trading Lower.
The maker of packaged foods reports adjusted earnings of $1.07 a share, beating Wall Street estimates by a penny.
General Mills posts smaller-than-expected drop in quarterly sales
Cheerios maker General Mills posted a smaller-than-expected drop in quarterly sales on Wednesday, helped by benefits from its higher priced products including snacks and pet foods, to combat a consumer demand slowdown.
Source: https://incomestatements.info
Category: Stock Reports