General Mills (GIS) | Financial Analysis & Statements

General Mills Inc. | Large-cap | Consumer Defensive

$54.74

0.94%

| General Mills Stock Comparison:

General Mills vs Kraft Heinz General Mills vs Kellanova General Mills vs McCormick & Company General Mills vs McCormick & Company General Mills vs Hormel Foods General Mills vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 19.9B

Gross Profit 6.9B 34.91%

Operating Income 3.7B 18.50%

Net Income 2.5B 12.68%

EPS (Diluted) $4.31

Balance Sheet Metrics

Total Assets 31.5B

Total Liabilities 21.8B

Shareholders Equity 9.6B

Debt to Equity 2.26

Cash Flow Metrics

Operating Cash Flow 3.2B

Free Cash Flow 2.5B

Revenue & Profitability Trend

Income Statement

Metric	2024	2023	2022	2021	2020
Revenue	19.9B	20.1B	19.0B	18.1B	17.6B
Cost of Goods Sold	12.9B	13.5B	12.6B	11.7B	11.5B
Gross Profit	6.9B	6.5B	6.4B	6.4B	6.1B
Operating Expenses	3.3B	3.5B	3.1B	3.1B	3.2B
Operating Income	3.7B	3.0B	3.3B	3.4B	3.0B
Pre-tax Income	3.0B	3.1B	3.2B	2.9B	2.6B
Income Tax	594.5M	612.2M	586.3M	629.1M	480.5M
Net Income	2.5B	2.6B	2.7B	2.3B	2.2B
EPS (Diluted)	$4.31	$4.31	$4.42	$3.78	$3.56

Income Statement Trend

Balance Sheet

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	4.6B	5.2B	5.1B	5.8B	5.1B
Non-Current Assets	26.9B	26.3B	26.0B	26.1B	25.7B
Total Assets	31.5B	31.5B	31.1B	31.8B	30.8B
Liabilities
Current Liabilities	7.0B	7.5B	8.0B	8.3B	7.5B
Non-Current Liabilities	14.8B	13.2B	12.3B	13.2B	14.4B
Total Liabilities	21.8B	20.8B	20.3B	21.5B	21.9B
Equity
Total Shareholders Equity	9.6B	10.7B	10.8B	10.4B	8.9B

Balance Sheet Composition

Cash Flow Statement

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	2.5B	2.6B	2.7B	2.3B	2.2B
Operating Cash Flow	3.2B	3.2B	3.5B	3.0B	3.6B
Investing Activities
Capital Expenditures	-773.3M	-688.2M	-565.4M	-528.1M	-459.1M
Investing Cash Flow	-1.2B	-346.4M	-1.7B	-512.8M	-486.2M
Financing Activities
Dividends Paid	-1.4B	-1.3B	-1.2B	-1.2B	-1.2B
Financing Cash Flow	-2.3B	-2.6B	-2.7B	-2.8B	-2.2B
Free Cash Flow	2.5B	2.1B	2.7B	2.5B	3.2B

Cash Flow Trend

Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 11.77

Forward P/E 11.40

Price to Book 3.17

Price to Sales 1.49

PEG Ratio 11.40

Profitability Ratios

Profit Margin 13.02%

Operating Margin 16.71%

Return on Equity 26.83%

Return on Assets 7.20%

Financial Health

Current Ratio 0.67

Debt to Equity 149.14

Beta 0.02

Per Share Data

EPS (TTM) $4.55

Book Value per Share $16.92

Revenue per Share $35.14

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
gis	29.3B	11.77	3.17	26.83%	13.02%	149.14
Kraft Heinz	30.9B	11.91	0.63	5.35%	10.44%	43.55
Kellanova	27.7B	20.12	7.08	38.15%	10.93%	155.53
McCormick & Company	19.8B	25.52	3.66	14.66%	11.67%	79.05
McCormick & Company	19.8B	25.22	3.62	14.66%	11.67%	79.05
Hormel Foods	16.8B	22.49	2.09	9.37%	6.27%	35.54

Financial data is updated regularly. All figures are in the company's reporting currency.