US stock · Consumer Defensive sector · Packaged Foods
Company Logo

General Mills, Inc.

GISNYSE

77.89

USD
+1.09
(+1.42%)
Market Closed
16.26P/E
18Forward P/E
0.82P/E to S&P500
45.925BMarket CAP
2.73%Div Yield
Upcoming Earnings
21 Mar-27 Mar
Shares Short
1/13/23
15.18M
Short % of Float
2.58%
Short % of Shares Outs.
2.57%
% Held by Insiders
0.17%
% Held by Institutions
78.51%
Beta
0.33
PEG Ratio
2.87
52w. high/low
88.34/61.67
Avg. Daily Volume
3.83M
Return %
Stock
S&P 500
1 year
13.61
(6.69)
3 years
46.27
24.50
5 years
30.25
42.35
Scale: |
High
Low
36.01
25.50
36.04
23.18
38.98
33.11
40.80
34.54
41.88
36.75
53.07
40.44
55.64
46.70
59.87
47.50
72.95
53.53
63.73
49.65
60.69
36.42
56.40
38.12
66.14
46.59
69.68
53.96
88.34
61.67
86.22
76.24
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
17.93
20.50
22.13
22.43
23.16
25.70
27.40
28.49
29.39
27.68
26.61
27.29
28.09
28.99
29.52
31.26
32.12
Earnings per share
1.65
1.94
1.97
2.32
2.80
2.42
2.86
2.90
2.04
2.84
2.82
3.69
2.92
3.59
3.81
4.46
4.83
FCF per share
1.88
1.81
1.91
2.32
1.37
2.66
3.56
2.99
3.05
3.18
2.77
3.85
3.78
5.29
3.99
4.52
4.61
Dividends per share
0.73
0.80
0.87
0.98
1.14
1.23
1.34
1.56
1.70
1.79
1.93
1.98
1.97
1.97
2.03
2.38
2.42
CAPEX per share
0.66
0.78
0.85
0.99
1.01
1.04
0.95
1.06
1.19
1.22
1.17
1.08
0.90
0.76
0.86
0.94
0.92
Book Value per sh.
7.66
9.33
7.80
8.19
9.91
9.91
10.29
10.40
8.33
8.24
7.37
10.65
11.75
13.25
15.42
17.35
17.02
Comm.Shares outs.
694
666
664
660
643
648
649
629
600
598
587
577
600
608
614
608
603
Avg. annual P/E ratio
17.6
15.9
14.9
15.5
13.5
16.3
16.9
17.7
27.3
22.4
20.1
12.6
17.4
16.4
15.9
16.5
16.3
P/E to S&P500
1.0
0.7
0.2
0.7
0.8
1.1
1.0
1.0
1.4
1.0
0.9
0.5
0.7
0.4
0.5
0.8
0.8
Avg. annual div. yield
2.5%
2.6%
3.0%
2.7%
3.0%
3.1%
2.8%
3.0%
3.0%
2.8%
3.4%
4.3%
3.9%
3.3%
3.4%
3.2%
3.2%
Revenue (m)
12,442
13,652
14,691
14,797
14,880
16,658
17,774
17,910
17,630
16,563
15,620
15,740
16,865
17,627
18,127
18,993
19,367
Operating margin
16.5%
16.3%
15.8%
17.6%
18.6%
15.4%
16.0%
16.5%
11.8%
16.3%
16.4%
15.9%
14.9%
16.8%
17.3%
18.3%
19.3%
Depreciation (m)
418
459
454
457
473
542
588
585
588
608
604
619
620
595
601
570
418
Net profit (m)
1,144
1,295
1,304
1,531
1,798
1,567
1,855
1,824
1,221
1,697
1,658
2,131
1,753
2,181
2,340
2,707
2,909
Income tax rate
34.3%
34.4%
37.3%
35.0%
29.7%
32.1%
29.2%
33.3%
33.3%
31.4%
28.8%
2.7%
17.7%
18.5%
22.0%
18.3%
18.0%
Net profit margin
9.2%
9.5%
8.9%
10.3%
12.1%
9.4%
10.4%
10.2%
6.9%
10.2%
10.6%
13.5%
10.4%
12.4%
12.9%
14.3%
15.1%
Working capital (m)
(2,791)
(1,236)
(71)
(289)
243
(152)
(995)
(1,030)
(1,104)
(1,078)
(1,269)
(3,218)
(2,901)
(2,370)
(2,511)
(2,930)
(3,878)
Long-term debt (m)
3,218
4,349
5,755
5,269
5,543
6,162
5,926
6,424
7,608
7,058
7,643
12,669
11,625
11,206
10,070
9,383
8,623
Equity (m)
5,319
6,216
5,175
5,403
6,366
6,422
6,672
6,535
4,997
4,930
4,328
6,141
7,055
8,059
9,470
10,542
10,121
ROIC
12.7%
11.1%
10.8%
12.9%
13.7%
11.2%
13.0%
12.4%
9.0%
12.3%
12.2%
11.3%
9.8%
11.4%
11.7%
13.2%
12.8%
Return on capital
12.7%
12.6%
13.7%
15.5%
15.6%
13.3%
13.8%
14.0%
10.3%
13.5%
12.7%
8.7%
9.1%
10.5%
11.0%
11.9%
11.0%
Return on equity
21.5%
20.8%
25.2%
28.3%
28.3%
24.4%
27.8%
27.9%
24.4%
34.4%
38.3%
34.7%
24.8%
27.1%
24.7%
25.7%
28.7%
Plowback ratio
55.8%
59.1%
55.6%
58.1%
59.6%
49.7%
54.2%
47.2%
19.2%
38.3%
33.3%
47.3%
33.8%
45.9%
46.9%
47.2%
50.1%
Div.&Repurch./FCF
115.7%
221.2%
124.1%
61.8%
168.8%
64.5%
82.7%
145.3%
119.1%
88.3%
171.1%
34.8%
52.1%
37.3%
63.1%
84.5%
96.6%
Capital Structure
20 Dec · 2022 | Q2
All numbers in millions
Total liabilities
$ 20,948
Total assets
$ 31,320
Long-term debt
$ 8,623
Cash and equiv.
$ 644
Goodwill
$ 14,476
Retained earnings
$ 18,992
Common stock
600
Enterprise Value
$ 53,903
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
1,678
1,865
819
Receivables
1,771
1,815
1,961
Inventory
1,426
1,821
1,867
Other
246
81
(666)
Current assets
5,121
5,755
5,090
Acc. Payable
3,248
3,654
3,982
Debt due
2,713
2,936
2,592
Other
1,531
1,676
1,445
Current liabilities
7,492
8,266
8,020
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
4.78%
4.82%
0.83%
Cash flow
12.03%
8.07%
4.08%
Earnings
15.71%
7.42%
6.68%
Dividends
15.89%
6.25%
5.94%
Book value
11.32%
14.49%
6.74%
Insider Trading
Type
Shares
Date
Nudi Jonathon
Exempt
10,894
01/11/23
Nudi Jonathon
Sale
10,894
01/11/23
Nudi Jonathon
Exempt
10,894
01/11/23
Walker Sean N
Exempt
27,157
01/09/23
Walker Sean N
Sale
27,157
01/09/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
4,364
4,719
4,520
4,524
18,127
2022
4,540
5,024
4,538
4,891
18,993
2023
4,718
5,221
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
1.04
1.12
0.97
0.68
3.81
2022
1.03
0.98
1.09
1.35
4.46
2023
1.37
1.01
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.49
0.51
0.51
0.51
2.03
2022
0.51
0.51
0.51
0.84
2.38
2023
0.54
- -
- -
- -
- -
Company Description
Sector:
Consumer Defensive
Industry:
Packaged Foods
CEO:
Mr. Jeffrey Harmening
Full-time employees:
32,500
City:
Minneapolis
Address:
Number One General Mills Blvd
IPO:
Nov 30, 1928
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.
Recent News
· 20 Dec, 2022 · The Wall Street Journal
· 20 Dec, 2022 · The Wall Street Journal
· 21 Sep, 2022 · The Wall Street Journal
· 1 Jul, 2022 · The Wall Street Journal
· 29 Jun, 2022 · The Wall Street Journal
· 17 Apr, 2022 · The Wall Street Journal
· 21 Dec, 2021 · The Wall Street Journal
· 22 Sep, 2021 · The Wall Street Journal