General Mills Past Earnings Performance

Past criteria checks 3/6

General Mills has been growing earnings at an average annual rate of 4.3%, while the Food industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 3.8% per year. General Mills's return on equity is 25.4%, and it has net margins of 12.1%.

Key information

4.3%

Earnings growth rate

5.4%

EPS growth rate

Food Industry Growth12.7%
Revenue growth rate3.8%
Return on equity25.4%
Net Margin12.1%
Last Earnings Update25 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How General Mills makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

WBAG:GIS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
25 Aug 2419,8012,4033,2020
26 May 2419,8572,4973,1830
25 Feb 2420,1732,5543,2480
26 Nov 2320,2002,4373,4010
27 Aug 2320,2812,4473,4580
28 May 2320,0942,5943,4060
26 Feb 2319,9552,8023,3210
27 Nov 2219,3672,9093,1200
28 Aug 2219,1712,9003,0530
29 May 2218,9932,7073,0340
27 Feb 2218,6252,3013,0430
28 Nov 2118,6082,2373,0020
29 Aug 2118,3032,3282,9720
30 May 2118,1272,3402,9470
28 Feb 2118,6262,5493,0620
29 Nov 2018,2872,4073,0950
30 Aug 2017,9882,3003,0530
31 May 2017,6272,1813,0390
23 Feb 2016,7652,1262,8520
24 Nov 1916,7832,1182,8110
25 Aug 1916,7741,8812,8150
26 May 1916,8651,7532,8480
24 Feb 1916,5941,5372,8060
25 Nov 1816,2782,0322,7840
26 Aug 1816,0652,1192,7660
27 May 1815,7402,1312,7610
25 Feb 1815,6572,1862,7430
26 Nov 1715,5681,6022,7780
27 Aug 1715,4811,6532,7710
28 May 1715,6201,6582,8150
26 Feb 1715,7411,6282,8870
27 Nov 1615,9501,6322,9550
28 Aug 1616,2631,6803,0200
29 May 1616,5631,6973,1190
28 Feb 1616,9341,5053,1580
29 Nov 1517,2831,4863,1830
30 Aug 1517,5701,3033,2560
31 May 1517,6301,2213,3120
22 Feb 1517,6151,4393,3600
23 Nov 1417,6421,5073,4210
24 Aug 1417,8051,7103,4660
25 May 1417,9101,8243,4740
23 Feb 1418,0371,7863,5250
24 Nov 1318,0901,7743,5570

Quality Earnings: GIS has high quality earnings.

Growing Profit Margin: GIS's current net profit margins (12.1%) are higher than last year (12.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GIS's earnings have grown by 4.3% per year over the past 5 years.

Accelerating Growth: GIS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GIS had negative earnings growth (-1.9%) over the past year, making it difficult to compare to the Food industry average (26.2%).


Return on Equity

High ROE: Whilst GIS's Return on Equity (25.42%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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