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 Growth | 16.0% |
| Revenue growth rate | 3.8% |
| Return on equity | 25.4% |
| Net Margin | 12.1% |
| Last Earnings Update | 25 Aug 2024 |
Recent past performance updates
Recent updates
General Mills: Adding Pet Food Exposure
Nov 14General Mills, Inc.'s (NYSE:GIS) Low P/E No Reason For Excitement
Nov 12
General Mills (NYSE:GIS) Has Announced A Dividend Of $0.60
Oct 04General Mills Stock: Going Without Dessert
Sep 26General Mills: Q1 Earnings, A Report I Didn't Like
Sep 19Why We Think General Mills, Inc.'s (NYSE:GIS) CEO Compensation Is Not Excessive At All
Sep 18General Mills (NYSE:GIS) Reaffirms FY 2025 Guidance Amid Strategic Shifts and Investor Activism
Sep 16General Mills' (NYSE:GIS) Returns On Capital Are Heading Higher
Aug 26General Mills: The Market Is Overreacting To A Bad Quarter
Aug 22Investors Don't See Light At End Of General Mills, Inc.'s (NYSE:GIS) Tunnel
Jul 21General Mills (NYSE:GIS) Will Pay A Larger Dividend Than Last Year At $0.60
Jun 29We Think General Mills (NYSE:GIS) Can Stay On Top Of Its Debt
Jun 27General Mills FY Earnings: A Good Investment (But Not For Everyone)
Jun 23General Mills: Do Not Always Seek Alpha
Jun 16General Mills Is A Top Consumer Staples Compounder
May 01Getting In Cheap On General Mills, Inc. (NYSE:GIS) Is Unlikely
Apr 13We Think General Mills (NYSE:GIS) Can Stay On Top Of Its Debt
Mar 26General Mills Stock: Trends We're Watching Ahead Of Q3 Earnings
Mar 13General Mills (NYSE:GIS) Shareholders Will Want The ROCE Trajectory To Continue
Mar 11General Mills: Losing Market Share To Store Brands
Feb 08General Mills Stock Still Isn't Cheap Enough
Jan 12General Mills: Softening Sales Growth Creates An Attractive Entry Point
Jan 05Pinning Down General Mills, Inc.'s (NYSE:GIS) P/E Is Difficult Right Now
Jan 01Is General Mills (NYSE:GIS) A Risky Investment?
Dec 16General Mills: This Steady Dividend Payer Is An Attractive Buy Right Now
Dec 11General Mills Stock Is In Buy Territory Again (Rating Upgrade)
Dec 05The Returns At General Mills (NYSE:GIS) Aren't Growing
Dec 01Pet And International Area Provide New Aisle For Growth For General Mills
Nov 09Hold On To General Mills To Get A Healthy Dividend Yield For Breakfast
Nov 02Is There An Opportunity With General Mills, Inc.'s (NYSE:GIS) 45% Undervaluation?
Oct 30Down About 30%, Yielding 4% - How Attractive Is General Mills?
Oct 01General Mills (NYSE:GIS) Seems To Use Debt Quite Sensibly
Aug 31General Mills: Things Are Looking Up
Aug 30General Mills' (NYSE:GIS) Returns Have Hit A Wall
Aug 01General Mills: Underlying Volume Challenges
Jul 31Is There An Opportunity With General Mills, Inc.'s (NYSE:GIS) 33% Undervaluation?
Jul 17General Mills: Promising Opportunity With A High Price Tag
Jun 28General Mills: A Decent Year, But Seems Overpriced
Jun 12General Mills (NYSE:GIS) Seems To Use Debt Quite Sensibly
Jun 01General Mills: Flawless Dividend But There's A Problem
May 25Here's Why We Think General Mills (NYSE:GIS) Is Well Worth Watching
May 08The Returns At General Mills (NYSE:GIS) Aren't Growing
Apr 12Is General Mills, Inc. (NYSE:GIS) Trading At A 21% Discount?
Mar 31Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How General Mills makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 25 Aug 24 | 19,801 | 2,403 | 3,202 | 0 |
| 26 May 24 | 19,857 | 2,497 | 3,183 | 0 |
| 25 Feb 24 | 20,173 | 2,554 | 3,248 | 0 |
| 26 Nov 23 | 20,200 | 2,437 | 3,401 | 0 |
| 27 Aug 23 | 20,281 | 2,447 | 3,458 | 0 |
| 28 May 23 | 20,094 | 2,594 | 3,406 | 0 |
| 26 Feb 23 | 19,955 | 2,802 | 3,321 | 0 |
| 27 Nov 22 | 19,367 | 2,909 | 3,120 | 0 |
| 28 Aug 22 | 19,171 | 2,900 | 3,053 | 0 |
| 29 May 22 | 18,993 | 2,707 | 3,034 | 0 |
| 27 Feb 22 | 18,625 | 2,301 | 3,043 | 0 |
| 28 Nov 21 | 18,608 | 2,237 | 3,002 | 0 |
| 29 Aug 21 | 18,303 | 2,328 | 2,972 | 0 |
| 30 May 21 | 18,127 | 2,340 | 2,947 | 0 |
| 28 Feb 21 | 18,626 | 2,549 | 3,062 | 0 |
| 29 Nov 20 | 18,287 | 2,407 | 3,095 | 0 |
| 30 Aug 20 | 17,988 | 2,300 | 3,053 | 0 |
| 31 May 20 | 17,627 | 2,181 | 3,039 | 0 |
| 23 Feb 20 | 16,765 | 2,126 | 2,852 | 0 |
| 24 Nov 19 | 16,783 | 2,118 | 2,811 | 0 |
| 25 Aug 19 | 16,774 | 1,881 | 2,815 | 0 |
| 26 May 19 | 16,865 | 1,753 | 2,848 | 0 |
| 24 Feb 19 | 16,594 | 1,537 | 2,806 | 0 |
| 25 Nov 18 | 16,278 | 2,032 | 2,784 | 0 |
| 26 Aug 18 | 16,065 | 2,119 | 2,766 | 0 |
| 27 May 18 | 15,740 | 2,131 | 2,761 | 0 |
| 25 Feb 18 | 15,657 | 2,186 | 2,743 | 0 |
| 26 Nov 17 | 15,568 | 1,602 | 2,778 | 0 |
| 27 Aug 17 | 15,481 | 1,653 | 2,771 | 0 |
| 28 May 17 | 15,620 | 1,658 | 2,815 | 0 |
| 26 Feb 17 | 15,741 | 1,628 | 2,887 | 0 |
| 27 Nov 16 | 15,950 | 1,632 | 2,955 | 0 |
| 28 Aug 16 | 16,263 | 1,680 | 3,020 | 0 |
| 29 May 16 | 16,563 | 1,697 | 3,119 | 0 |
| 28 Feb 16 | 16,934 | 1,505 | 3,158 | 0 |
| 29 Nov 15 | 17,283 | 1,486 | 3,183 | 0 |
| 30 Aug 15 | 17,570 | 1,303 | 3,256 | 0 |
| 31 May 15 | 17,630 | 1,221 | 3,312 | 0 |
| 22 Feb 15 | 17,615 | 1,439 | 3,360 | 0 |
| 23 Nov 14 | 17,642 | 1,507 | 3,421 | 0 |
| 24 Aug 14 | 17,805 | 1,710 | 3,466 | 0 |
| 25 May 14 | 17,910 | 1,824 | 3,474 | 0 |
| 23 Feb 14 | 18,037 | 1,786 | 3,525 | 0 |
| 24 Nov 13 | 18,090 | 1,774 | 3,557 | 0 |
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 (-2.1%).
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.