general mills inc. - GIS

GIS

Close Chg Chg %
63.81 0.30 0.47%

Closed Market

64.11

+0.30 (0.47%)

Volume: 3.66M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: general mills inc. - GIS

GIS Key Data

Open

$63.69

Day Range

62.88 - 64.16

52 Week Range

61.48 - 75.90

Market Cap

$35.42B

Shares Outstanding

555.16M

Public Float

552.94M

Beta

0.11

Rev. Per Employee

N/A

P/E Ratio

15.20

EPS

$4.22

Yield

373.04%

Dividend

$0.60

EX-DIVIDEND DATE

Jan 10, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

3.88M

 

GIS Performance

1 Week
 
0.93%
 
1 Month
 
-6.59%
 
3 Months
 
-9.93%
 
1 Year
 
-2.12%
 
5 Years
 
21.09%
 

GIS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
Full Ratings ➔

About general mills inc. - GIS

General Mills, Inc. engages in the manufacture and marketing of branded consumer foods sold through retail stores. Its product categories include snacks, ready-to-eat cereal, convenient meals, pet food, refrigerated and frozen dough, baking mixes and ingredients, yogurt, and ice cream. The firm operates through the following segments: North America Retail, International, Pet, and North America Foodservice. The North America Retail segment includes grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, convenience stores, and e-commerce grocery providers. The International segment refers to the retail and foodservice businesses outside of the US and Canada. The Pet segment includes pet food products sold in national pet superstore chains, e-commerce retailers, grocery stores, regional pet store chains, mass merchandisers, and veterinary clinics and hospitals. The North America Foodservice segment offers ready-to-eat cereals, snacks, refrigerated yogurt, frozen meals, unbaked and fully baked frozen dough products, baking mixes, and bakery flour. The company was founded by Cadwallader C. Washburn on June 20, 1928 and is headquartered in Minneapolis, MN.

GIS At a Glance

General Mills, Inc.
1 General Mills Boulevard
Minneapolis, Minnesota 55426-1347
Phone 1-763-764-7600 Revenue 19.86B
Industry Food: Major Diversified Net Income 2.50B
Sector Consumer Non-Durables Employees 34,000
Fiscal Year-end 05 / 2025
View SEC Filings

GIS Valuation

P/E Current 15.203
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 15.854
Price to Sales Ratio 1.993
Price to Book Ratio 4.064
Price to Cash Flow Ratio 11.985
Enterprise Value to EBITDA 12.52
Enterprise Value to Sales 2.655
Total Debt to Enterprise Value 0.253

GIS Efficiency

Revenue/Employee 584,035.294
Income Per Employee 73,429.412
Receivables Turnover 10.243
Total Asset Turnover 0.626

GIS Liquidity

Current Ratio 0.651
Quick Ratio 0.381
Cash Ratio 0.059

GIS Profitability

Gross Margin 34.776
Operating Margin 18.426
Pretax Margin 15.25
Net Margin 12.573
Return on Assets 7.873
Return on Equity 25.159
Return on Total Capital 10.993
Return on Invested Capital 11.987

GIS Capital Structure

Total Debt to Total Equity 141.70
Total Debt to Total Capital 58.626
Total Debt to Total Assets 42.311
Long-Term Debt to Equity 123.309
Long-Term Debt to Total Capital 51.018
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for General Mills Inc. - GIS

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
18.13B 18.99B 20.09B 19.86B
Sales Growth
+2.84% +4.78% +5.80% -1.18%
Cost of Goods Sold (COGS) incl D&A
11.82B 12.71B 13.27B 12.95B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
601.30M 570.30M 546.60M 552.70M
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
+3.91% +7.49% +4.43% -2.42%
Gross Income
6.30B 6.28B 6.82B 6.91B
Gross Income Growth
+0.89% -0.32% +8.56% +1.23%
Gross Profit Margin
+34.77% +33.08% +33.95% +34.78%
2021 2022 2023 2024 5-year trend
SG&A Expense
3.07B 3.11B 3.46B 3.25B
Research & Development
239.30M 243.10M 257.60M 257.80M
Other SG&A
2.83B 2.86B 3.20B 2.99B
SGA Growth
-1.47% +1.07% +11.22% -6.03%
Other Operating Expense
- - - -
-
Unusual Expense
21.90M (105.40M) 404.00M 230.30M
EBIT after Unusual Expense
3.21B 3.28B 2.96B 3.43B
Non Operating Income/Expense
67.60M 303.90M 571.60M 102.80M
Non-Operating Interest Income
7.40M 3.80M 14.00M 18.80M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
418.00M 376.60M 393.40M 503.10M
Interest Expense Growth
-9.33% -9.90% +4.46% +27.89%
Gross Interest Expense
421.20M 380.40M 397.80M 514.50M
Interest Capitalized
3.20M 3.80M 4.40M 11.40M
Pretax Income
2.86B 3.21B 3.14B 3.03B
Pretax Income Growth
+9.89% +12.33% -2.15% -3.57%
Pretax Margin
+15.76% +16.90% +15.63% +15.25%
Income Tax
629.10M 586.30M 612.20M 594.50M
Income Tax - Current - Domestic
417.30M 445.00M 569.30M 584.80M
Income Tax - Current - Foreign
93.00M 79.10M 65.10M 58.20M
Income Tax - Deferred - Domestic
131.50M 93.30M 1.50M 37.10M
Income Tax - Deferred - Foreign
(12.70M) (31.10M) (23.70M) (85.60M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.35B 2.73B 2.61B 2.52B
Minority Interest Expense
6.20M 27.70M 15.70M 22.00M
Net Income
2.34B 2.71B 2.59B 2.50B
Net Income Growth
+7.27% +15.71% -4.19% -3.75%
Net Margin Growth
+12.91% +14.25% +12.91% +12.57%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.34B 2.71B 2.59B 2.50B
Preferred Dividends
- - - -
-
Net Income Available to Common
2.34B 2.71B 2.59B 2.50B
EPS (Basic)
3.8101 4.4565 4.361 4.3381
EPS (Basic) Growth
+6.22% +16.97% -2.14% -0.53%
Basic Shares Outstanding
614.10M 607.50M 594.80M 575.50M
EPS (Diluted)
3.7794 4.4194 4.3145 4.3082
EPS (Diluted) Growth
+6.27% +16.93% -2.37% -0.15%
Diluted Shares Outstanding
619.10M 612.60M 601.20M 579.50M
EBITDA
3.83B 3.75B 3.91B 4.21B
EBITDA Growth
+2.90% -2.19% +4.42% +7.63%
EBITDA Margin
+21.13% +19.73% +19.47% +21.21%

Snapshot

Average Recommendation HOLD Average Target Price 74.833
Number of Ratings 23 Current Quarters Estimate 1.217
FY Report Date 11 / 2024 Current Year's Estimate 4.515
Last Quarter’s Earnings 1.07 Median PE on CY Estimate N/A
Year Ago Earnings 4.52 Next Fiscal Year Estimate 4.703
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 17 17 19 19
Mean Estimate 1.22 1.15 4.52 4.70
High Estimates 1.25 1.21 4.55 4.84
Low Estimate 1.17 1.12 4.47 4.55
Coefficient of Variance 1.75 1.93 0.48 2.19

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 3
OVERWEIGHT 0 0 1
HOLD 20 20 20
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for General Mills Inc. - GIS

Date Name Shares Transaction Value
Oct 18, 2024 Mark A. Pallot Chief Accounting Officer 17,064 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $55.52 per share 947,393.28
Oct 18, 2024 Mark A. Pallot Chief Accounting Officer 15,820 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $71.29 per share 1,127,807.80
Oct 18, 2024 Mark A. Pallot Chief Accounting Officer 14,813 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $71.25 per share 1,055,426.25
Oct 18, 2024 Mark A. Pallot Chief Accounting Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Oct 18, 2024 Mark A. Pallot Chief Accounting Officer 14,813 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $71.28 per share 1,055,870.64
Sep 27, 2024 Stephen A. Odland Director 177,826 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Sep 27, 2024 Eric D. Sprunk Director 30,436 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Sep 27, 2024 Jorge Alberto Uribe Lopez Director 34,309 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Sep 27, 2024 Maria A. Sastre Director 23,834 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Sep 27, 2024 Jorge Alberto Uribe Lopez Director 33,884 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $73.77 per share 2,499,622.68
Aug 28, 2024 Maria G. Henry Director 41,416 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $70.63 per share 2,925,212.08
Jul 3, 2024 Pankaj Mn Sharma Segment President 18,772 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Jonathon J. Nudi Group President 146,627 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Jeffrey L. Harmening Chairman of the Board & CEO; Director 197,598 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Jeffrey L. Harmening Chairman of the Board & CEO; Director 425,317 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $63.26 per share 26,905,553.42
Jul 3, 2024 Jeffrey L. Harmening Chairman of the Board & CEO; Director 429,172 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $63.26 per share 27,149,420.72
Jul 3, 2024 Jeffrey L. Harmening Chairman of the Board & CEO; Director 482,232 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Jonathon J. Nudi Group President 19,094 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Jaime Montemayor Chief Technology Officer 43,472 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Jaime Montemayor Chief Technology Officer 76,570 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $63.26 per share 4,843,818.20

General Mills Inc. in the News