US stock · Consumer Defensive sector · Packaged Foods
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General Mills, Inc.

GISNYSE

78.81

USD
+0.15
(+0.19%)
Market Open
16.56P/E
18Forward P/E
0.83P/E to S&P500
46.777BMarket CAP
2.63%Div Yield
Upcoming Earnings
19 Dec-23 Dec
Shares Short
8/31/22
13.19M
Short % of Float
2.22%
Short % of Shares Outs.
2.21%
% Held by Insiders
0.18%
% Held by Institutions
78.72%
Beta
0.32
PEG Ratio
3.52
52w. high/low
81.24/58.85
Avg. Daily Volume
3.97M
Return %
Stock
S&P 500
1 year
30.62
(17.80)
3 years
43.83
23.21
5 years
51.47
45.98
Scale: |
High
Low
30.76
27.08
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
81.24
61.67
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
30.93
31.57
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
0.02
3.45
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
5.40
5.30
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
2.03
2.40
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
- -
0.36
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
17.17
16.88
Comm.Shares outs.
694
666
664
660
643
648
649
629
600
598
587
577
600
608
614
614
607
Avg. annual P/E ratio
17.6
15.9
14.9
15.5
13.5
16.3
16.9
17.8
27.3
22.4
20.1
12.6
17.4
16.4
15.9
3,435.1
16.6
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
171.4
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%
2.9%
3.4%
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
19,171
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%
19.1%
Depreciation (m)
418
459
454
457
473
542
588
585
588
608
604
619
620
595
601
570
559
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
13
2,046
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%
18.4%
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%
0.1%
10.6%
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)
(3,462)
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
10,929
10,070
9,135
8,475
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
10,575
ROIC
11.5%
10.9%
10.8%
12.7%
13.5%
10.4%
11.9%
11.4%
8.5%
11.4%
11.3%
10.8%
9.5%
11.1%
11.4%
2.1%
9.8%
Return on capital
11.9%
12.4%
13.7%
15.3%
15.4%
12.5%
12.9%
13.1%
9.9%
12.7%
12.0%
8.4%
8.8%
10.3%
10.8%
1.9%
8.7%
Return on equity
21.5%
20.8%
25.2%
28.3%
28.2%
24.4%
27.8%
27.9%
24.4%
34.4%
38.3%
34.7%
24.8%
27.1%
24.7%
0.1%
19.3%
Plowback ratio
55.8%
59.1%
55.6%
58.0%
59.4%
48.9%
53.2%
46.1%
16.7%
36.9%
31.5%
46.5%
32.6%
45.2%
46.7%
54.5%
49.0%
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%
64.0%
80.4%
Capital Structure
28 Aug · 2022 | Q1
All numbers in millions
Total liabilities
$ 20,282
Total assets
$ 31,107
Long-term debt
$ 8,475
Cash and equiv.
$ 594
Goodwill
$ 14,455
Retained earnings
$ 19,028
Common stock
607
Enterprise Value
$ 54,657
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
1,678
1,865
569
Receivables
1,771
1,815
1,692
Inventory
1,426
1,821
1,867
Other
246
81
(147)
Current assets
5,121
5,755
5,090
Acc. Payable
3,248
3,654
3,982
Debt due
2,713
2,936
2,486
Other
1,531
1,676
1,552
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
35.22%
13.87%
6.65%
Earnings
(99.46)%
(21.37)%
(6.11)%
Dividends
(0.15)%
2.24%
4.16%
Book value
11.32%
14.49%
6.74%
Insider Trading
Type
Shares
Date
Williams-Roll Jacqueline
Exempt
10,048
09/23/22
Williams-Roll Jacqueline
Sale
10,048
09/23/22
Williams-Roll Jacqueline
Exempt
10,048
09/23/22
Ogrady Shawn P
Sale
470
09/22/22
Ogrady Shawn P
Sale
15,088
09/22/22
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
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
1.04
1.12
0.97
0.68
3.81
2022
1.02
0.94
1.03
1.34
4.33
2023
0.02
- -
- -
- -
- -
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
- -
1.01
0.83
2.35
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.
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