General Mills, Inc. (GIS) Financials

NYSE:GIS

Market Cap

38.29B

Total Revenue

20.09B

Gross Profit

6.55B

Operating Income

2.66B

Net Income

2.59B

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
revenue	17,909,600,000	17,630,300,000	16,563,100,000	15,619,800,000	15,740,400,000	16,865,200,000	17,626,600,000	18,127,000,000	18,992,800,000	20,094,200,000
costOfRevenue	11,539,800,000	11,681,100,000	10,733,600,000	10,056,000,000	10,312,900,000	11,108,400,000	11,496,700,000	11,678,700,000	12,590,600,000	13,548,400,000
grossProfit	6,369,800,000	5,949,200,000	5,829,500,000	5,563,800,000	5,427,500,000	5,756,800,000	6,129,900,000	6,448,300,000	6,402,200,000	6,545,800,000
researchAndDevelopmentExpenses	243,600,000	--	222,100,000	218,200,000	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	--	--	--	--	--	--	--	--	--	--
sellingGeneralAndAdministrativeExpenses	3,474,300,000	3,328,000,000	3,118,900,000	2,801,300,000	2,752,600,000	2,935,800,000	3,151,600,000	3,079,600,000	3,147,000,000	3,500,400,000
operatingExpenses	3,474,300,000	3,328,000,000	3,118,900,000	2,801,300,000	2,752,600,000	2,935,800,000	3,151,600,000	3,079,600,000	3,147,000,000	3,500,400,000
operatingIncome	2,957,400,000	2,077,300,000	2,707,400,000	2,566,400,000	2,509,300,000	2,515,900,000	2,953,900,000	3,144,800,000	3,475,800,000	2,657,000,000
totalOtherIncomeExpensesNet	61,900,000	-543,900,000	-3,200,000	-196,100,000	-165,600,000	-217,200,000	-353,700,000	-287,400,000	-266,200,000	483,500,000
ebitda	3,419,000,000	3,753,400,000	3,321,900,000	3,562,200,000	3,459,300,000	3,746,200,000	3,597,400,000	4,193,900,000	3,604,900,000	3,203,600,000
depreciationAndAmortization	585,400,000	588,300,000	608,100,000	603,600,000	618,800,000	620,100,000	643,500,000	1,049,100,000	129,100,000	546,600,000
interestIncome	16,100,000	13,200,000	8,100,000	7,000,000	11,700,000	5,600,000	6,000,000	7,400,000	3,800,000	14,000,000
interestExpense	318,500,000	328,600,000	311,900,000	302,100,000	385,400,000	527,400,000	472,500,000	427,700,000	383,400,000	396,100,000
incomeBeforeTax	2,655,000,000	1,761,900,000	2,403,600,000	2,271,300,000	2,135,600,000	2,082,000,000	2,600,200,000	2,857,400,000	3,209,600,000	3,140,500,000
incomeTaxExpense	883,300,000	586,800,000	755,200,000	655,200,000	57,300,000	367,800,000	480,500,000	629,100,000	586,300,000	612,200,000
netIncome	1,824,400,000	1,221,300,000	1,697,400,000	1,657,500,000	2,131,000,000	1,752,700,000	2,181,200,000	2,339,800,000	2,707,300,000	2,593,900,000
eps	2.9	2.02	2.83	2.82	3.69	2.92	3.59	3.81	4.46	4.36
epsdiluted	2.83	1.97	2.77	2.77	3.64	2.9	3.56	3.78	4.42	4.31
weightedAverageShsOut	628,600,000	599,900,000	598,400,000	587,100,000	576,800,000	600,400,000	608,100,000	614,100,000	607,500,000	594,800,000
weightedAverageShsOutDil	645,700,000	614,900,000	611,200,000	598,000,000	585,700,000	605,400,000	613,300,000	619,100,000	612,600,000	601,200,000
costAndExpenses	15,014,100,000	15,009,100,000	13,852,500,000	12,857,300,000	13,065,500,000	14,044,200,000	14,648,300,000	14,758,300,000	15,737,600,000	17,048,800,000
otherExpenses	--	--	--	--	--	87,900,000	112,800,000	132,900,000	113,400,000	88,800,000

Key Facts

Industry

Packaged Foods

Sector

Consumer Defensive

Headquarters

Minneapolis, MN, US

Website

generalmills.com

CEO

Mr. Jeffrey L. Harmening

Employees

34000

About the Company

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.