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

GISNYSE

69.46

USD
+0.20
(+0.29%)
Market Closed
18.54P/E
17Forward P/E
0.72P/E to S&P500
41.830BMarket CAP
2.95%Div Yield
Upcoming Earnings
28 Jun-4 Jul
Shares Short
5/13/22
13.15M
Short % of Float
2.19%
Short % of Shares Outs.
2.18%
% Held by Insiders
0.16%
% Held by Institutions
77.85%
Beta
0.44
PEG Ratio
4.19
52w. high/low
73.99/56.67
Avg. Daily Volume
3.89M
Return %
Stock
S&P 500
1 year
10.59
(5.39)
3 years
30.69
40.55
5 years
21.75
64.79
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
73.99
61.67
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
16.26
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
30.56
Earnings per share
1.52
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
3.78
FCF per share
1.97
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
4.62
Dividends per share
0.68
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
2.05
CAPEX per share
0.50
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
0.47
Book Value per sh.
8.06
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
16.01
Comm.Shares outs.
716
694
666
664
660
643
648
649
629
600
598
587
577
600
608
614
610
Avg. annual P/E ratio
17.2
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
18.5
P/E to S&P500
1.0
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
0.7
Avg. annual div. yield
2.6%
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%
Revenue (m)
11,640
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
18,625
Operating margin
16.9%
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%
16.2%
Depreciation (m)
424
418
459
454
457
473
542
588
585
588
608
604
619
620
595
601
577
Net profit (m)
1,090
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
2,253
Income tax rate
34.5%
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%
20.5%
Net profit margin
9.4%
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%
12.1%
Working capital (m)
(2,962)
(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)
(1,810)
Long-term debt (m)
2,415
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
10,945
Equity (m)
5,772
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
10,076
ROIC
8.8%
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%
9.2%
Return on capital
9.0%
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%
9.0%
Return on equity
18.9%
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%
22.4%
Plowback ratio
55.5%
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%
44.6%
Div.&Repurch./FCF
86.0%
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%
71.1%
Capital Structure
23 Mar · 2022 | Q3
All numbers in millions
Total liabilities
$ 21,068
Total assets
$ 31,144
Long-term debt
$ 10,945
Cash and equiv.
$ 844
Goodwill
$ 14,547
Retained earnings
$ 17,713
Common stock
607
Enterprise Value
$ 51,930
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
450
1,678
1,865
Receivables
1,930
1,771
1,815
Inventory
1,559
1,426
1,821
Other
247
1,474
1,309
Current assets
4,187
5,121
5,755
Acc. Payable
2,854
3,248
3,654
Debt due
2,865
2,713
2,936
Other
1,368
1,531
1,676
Current liabilities
7,087
7,492
8,266
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
2.84%
3.82%
1.05%
Cash flow
(23.73)%
14.11%
6.51%
Earnings
7.27%
10.63%
6.98%
Dividends
4.23%
2.38%
5.11%
Book value
17.52%
22.13%
5.92%
Insider Trading
Type
Shares
Date
Harmening Jeffrey L
Exempt
47,306
04/21/22
Harmening Jeffrey L
InKind
11,143
04/21/22
Harmening Jeffrey L
InKind
24,658
04/21/22
Harmening Jeffrey L
Exempt
47,306
04/21/22
Allendorf Richard C
Exempt
8,408
04/20/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
4,003
4,421
4,180
5,023
17,627
2021
4,364
4,719
4,520
4,524
18,127
2022
4,540
5,024
4,538
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.86
0.96
0.75
1.03
3.59
2021
1.04
1.12
0.97
0.68
3.81
2022
1.03
0.95
1.04
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.49
0.49
0.49
0.49
1.97
2021
0.49
0.51
0.51
0.51
2.03
2022
0.51
- -
1.02
- -
- -
Company Description
Sector:
Consumer Defensive
Industry:
Packaged Foods
CEO:
Mr. Jeffrey Harmening
Full-time employees:
35,000
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.