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General Mills, Inc. GIS SPX

Consumer Defensive · Packaged Foods · United States
https://www.generalmills.com

General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. The company operates through four segments: North America Retail; International; North America Pet; and North America Foodservice. It offers grain, 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 savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables. The company also manufactures and markets pet food products, including dog and cat food; and operates ice cream parlors. It markets its products under the Annies, Betty Crocker, Bisquick, Blue Buffalo, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, Dunkaroos, Edgard & Cooper, Fiber One, By The Foot, Gushers, Roll-Ups, Gardettos, Gold Medal, Golden Grahams, Häagen-Dazs, Kitano, Kix, Lärabar, Latina, Lucky Charms, As Well As Muir Glen, Nature Valley, Nudges, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Tastefuls, Tiki Pets, Total, Totinos, Trix, True Chews, True Solutions, Wanchai Ferry, Wheaties, Wilderness, and Yoki brands. In addition, the company sells its products to grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores. The company was founded in 1866 and is headquartered in Minneapolis, Minnesota.

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$33.81
-34.15% 1Y

Market & Price

Market Cap
$18.04B
Current Price
$33.81
High / Low (52W)
$51.86 / $32.99
Beta
-0.03

Valuation

Stock P/E
8.27
Industry PE
18.88
Forward P/E
10.46
PEG Ratio
11.74
Book Value
$10.35
Price to Book
3.27
P/S
0.98
EV/EBITDA
6.26
Dividend Yield
7.22%

Profitability & Returns

ROCE
13.42%
ROE
23.59%
ROA
5.31%
Profit Margin
12.05%
Op Margin
19.19%
EPS (Latest Qtr)
$0.56
EPS (TTM)
$4.09

Balance Sheet & Liquidity

Debt/Equity
2.18
Quick Ratio
0.30
Current Ratio
0.56
Debt
$0
Total Assets
$33.07B
Current Assets
$5.28B
Working Capital
$-2.58B

Ownership

Promoter Holding
0.29%
Chg in Prom Hold
-
FII / Inst Holding
90.40%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$20.78B
Total Revenue (TTM)
$18.37B
EBITDA
$3.32B
Free Cash Flow
$2.26B
Operating Cash Flow
$2.23B
Shares Outstanding
533.68M
Gross Margin
33.14%
Payout Ratio
59.41%

Growth (CAGR)

Revenue 5Y
0.86%
Profit 5Y
-5.36%
Revenue (YoY)
2.20%
Earnings (YoY)
-14.50%

PROS

  • Strong return on equity of 23.6%.
  • Attractive dividend yield of 7.22%.
  • Generates positive free cash flow.

CONS

  • Earnings shrank at -5.4% CAGR over 5 years.
  • Trading 34.8% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Defensive).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 GIS General Mills, Inc. SPX 33.81 8.27 $18.04B 7.22% 13.42% 23.59% 0.86% -5.36%
2 WMT Walmart Inc. SPX 115.75 40.76 $922.64B 0.86% 18.21% 24.13% 5.27% 23.30%
3 COST Costco Wholesale Corporation NDXSPX 956.32 49.76 $424.27B 0.61% 27.44% 29.65% 6.64% 11.49%
4 KO The Coca-Cola Company SPX 79.01 24.85 $339.94B 2.68% 21.13% 43.37% 3.69% 11.16%
5 PG The Procter & Gamble Company SPX 143.56 21.02 $334.29B 2.97% 23.63% 31.11% 1.67% 2.71%
6 PM Philip Morris International Inc. SPX 177.38 24.98 $276.46B 3.31% 35.35% - 8.57% 7.84%
7 PEP PepsiCo, Inc. NDXSPX 144.19 22.64 $197.10B 4.11% 15.23% 43.88% 2.83% -2.57%
8 MO Altria Group, Inc. SPX 69.58 14.53 $116.19B 6.09% 40.85% - -0.89% 6.42%
9 MNST Monster Beverage Corporation NDXSPX 88.08 42.55 $86.14B - 28.33% 26.65% 9.54% 16.94%
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Quarterly Results

Figures in USD.

Metric May 2016Aug 2016Nov 2016Feb 2017May 2017Aug 2017Nov 2017Feb 2018May 2018Aug 2018Nov 2018Feb 2019May 2019Aug 2019Nov 2019Feb 2020May 2020Aug 2020Nov 2020Feb 2021May 2021Aug 2021Nov 2021Feb 2022May 2022Aug 2022Nov 2022Feb 2023May 2023Aug 2023Nov 2023Feb 2024May 2024Aug 2024Nov 2024Feb 2025May 2025Aug 2025Nov 2025Feb 2026
Revenue -----3.77B4.20B3.88B3.89B4.09B4.41B4.20B4.16B4.00B4.42B4.18B5.02B4.36B4.72B4.52B4.52B4.54B5.02B4.54B4.89B4.72B5.22B5.13B5.03B4.90B5.14B5.10B4.71B--4.84B4.56B4.52B4.86B4.44B
Cost of Revenue -----------------------------------3.20B3.08B2.98B3.17B3.07B
Gross Profit 1.38B1.42B1.52B1.31B1.32B1.31B1.45B1.26B1.42B1.34B1.51B1.44B1.46B1.39B1.57B1.40B1.77B1.59B1.72B1.55B1.58B1.60B1.63B1.40B1.77B1.45B1.71B1.66B1.73B1.77B1.77B1.71B1.69B--1.64B1.47B1.53B1.69B1.37B
Operating Expenses -----------------------------------844.40M894.30M845.10M842.40M812.90M
Operating Income -645.80M768.90M542.50M-605.30M709.00M569.50M-601.50M547.00M651.30M-662.40M811.20M650.80M-853.70M916.60M826.60M-844.30M800.10M815.30M-1.09B799.80M730.20M-930.00M811.80M910.70M---794.70M579.70M687.70M850.10M554.00M
EBITDA -----------------------------------1.04B811.90M826.40M881.70M679.30M
Interest Expense ----------------------------------124.60M136.30M--125.90M128.40M
Pretax Income -----------------------------------769.00M377.10M1.61B617.80M411.50M
Tax Provision -----------------------------------152.40M69.10M410.90M143.90M99.90M
Net Income 379.60M409.00M481.80M357.80M408.90M404.70M430.50M941.40M354.40M392.30M343.40M446.80M570.20M520.60M580.80M454.10M625.70M638.90M688.40M595.70M416.80M627.00M597.20M660.30M822.80M820.00M605.90M553.10M614.90M673.50M595.50M670.10M557.50M--625.60M294.00M1.20B413.00M303.10M
Diluted EPS 0.620.670.800.610.690.690.741.620.590.650.570.740.940.850.950.741.021.031.110.960.681.020.971.081.361.351.010.921.031.141.021.170.98--1.120.532.220.780.56

Profit & Loss (Annual)

Figures in USD.

Metric May 2008May 2009May 2010May 2011May 2012May 2013May 2014May 2015May 2016May 2017May 2018May 2019May 2020May 2021May 2022May 2023May 2024May 2025
Revenue ---------15.62B15.74B16.87B17.63B18.13B18.99B20.09B19.86B19.49B
Cost of Revenue --------------12.59B13.55B12.93B12.75B
Gross Profit --------------6.40B6.55B6.93B6.73B
Operating Expenses --------------3.15B3.50B3.26B3.45B
Operating Income 2.23B2.33B2.61B2.77B2.56B2.85B2.96B2.08B2.71B2.49B2.42B2.52B2.95B3.14B3.26B3.05B3.67B3.29B
EBITDA --------------4.16B4.08B4.08B3.92B
Interest Expense --------------383.40M396.10M498.00M548.80M
Pretax Income --------------3.21B3.14B3.03B2.83B
Tax Provision --------------586.30M612.20M594.50M573.70M
Net Income 1.29B1.30B1.53B1.80B1.57B1.86B1.82B1.22B1.70B1.66B2.13B1.75B2.18B2.34B2.71B2.59B2.50B2.30B
Diluted EPS 1.851.902.242.702.352.792.831.972.772.773.642.903.563.784.424.314.314.10
R&D Expense -208.20M218.30M235.00M245.40M237.90M243.60M229.40M222.10M218.20M219.10M221.90M224.40M239.30M243.10M257.60M257.80M256.60M

Compounded Sales Growth

5 Years:0.86%
1 Year:2.20%

Compounded Profit Growth

5 Years:-5.36%
1 Year:-14.50%

Stock Price Performance

1 Year:-34.15%
6 Months:-25.74%
3 Months:-23.99%
1 Month:-1.91%

Balance Sheet (Annual)

Figures in USD.

Metric May 2007May 2008May 2009May 2010May 2011May 2012May 2013May 2014May 2015May 2016May 2017May 2018May 2019May 2020May 2021May 2022May 2023May 2024May 2025
Total Assets --17.87B17.68B18.67B21.10B22.66B23.15B21.83B21.71B21.81B30.62B30.11B30.81B-31.09B31.45B31.47B33.07B
Current Assets ---------------5.09B5.18B4.58B5.28B
Cash & Equivalents 417.10M661.00M749.80M673.20M619.60M471.20M741.40M867.30M334.20M766.10M766.10M399.00M450.00M1.68B-569.40M585.50M418.00M363.90M
Inventory ---------------1.87B2.17B1.90B1.91B
Receivables ---------------1.69B1.68B1.70B1.80B
Total Liabilities --12.46B12.03B12.06B13.37B14.56B15.16B15.66B15.56B16.22B23.36B22.19B21.91B-20.30B20.75B21.82B23.86B
Current Liabilities --3.61B3.77B3.66B3.84B5.29B5.42B4.89B5.01B5.33B7.34B7.09B7.49B-8.02B7.54B7.03B7.86B
Long Term Debt ---5.38B6.57B----------9.13B9.97B11.30B12.67B
Total Debt ---------------11.98B12.06B13.32B15.30B
Total Equity --5.17B5.40B6.37B6.42B6.67B6.53B5.00B4.93B4.33B6.14B7.05B8.06B-10.54B10.45B9.40B9.20B
Shares Outstanding ---------------754.60M754.60M754.60M754.61M

Cash Flows (Annual)

Figures in USD.

Metric May 2008May 2009May 2010May 2011May 2012May 2013May 2014May 2015May 2016May 2017May 2018May 2019May 2020May 2021May 2022May 2023May 2024May 2025
Operating Cash Flow 1.73B1.83B2.18B1.53B2.41B2.93B2.54B2.54B2.76B2.42B2.84B2.81B3.68B-3.32B2.78B3.30B2.92B
Investing Cash Flow -442.40M-288.90M-721.20M-715.10M-1.87B-1.52B-561.80M-1.60B93.40M-646.90M-8.69B-556.50M-486.20M--1.69B-346.40M-1.20B-1.79B
Financing Cash Flow -1.09B-1.40B-1.50B-940.90M-666.60M-1.14B-1.82B-1.38B-2.42B-1.75B5.45B-2.18B-1.94B--2.50B-2.40B-2.27B-1.18B
Capital Expenditure -522.00M-562.60M-649.90M-648.80M-675.90M-613.90M-663.50M-712.40M-729.30M-684.40M-622.70M-537.60M-460.80M--568.70M-689.50M-774.10M-625.30M
Free Cash Flow 1.21B1.27B1.53B882.30M1.73B2.31B1.88B1.83B2.03B1.73B2.22B2.27B3.22B-2.75B2.09B2.53B2.29B
Net Change in Cash ---------------877.80M28.10M-167.10M-56.80M
Share Buybacks 1.43B1.30B691.80M1.16B313.00M1.04B1.75B1.16B606.70M1.65B601.60M1.10M3.40M301.40M876.80M1.40B2.00B1.20B
Dividends Paid 529.70M579.50M643.70M729.40M800.10M867.60M983.30M1.02B1.07B1.14B1.14B1.18B1.20B1.25B1.24B1.29B1.36B1.34B

Ratios (Annual)

Figures in %.

Metric May 2008May 2009May 2010May 2011May 2012May 2013May 2014May 2015May 2016May 2017May 2018May 2019May 2020May 2021May 2022May 2023May 2024May 2025
Gross Margin % --------------33.7%32.6%34.9%34.6%
Operating Margin % ---------16.0%15.4%14.9%16.8%17.3%17.1%15.2%18.5%16.9%
Net Margin % ---------10.6%13.5%10.4%12.4%12.9%14.3%12.9%12.6%11.8%
ROE % -25.2%28.3%28.3%24.4%27.8%27.9%24.4%34.4%38.3%34.7%24.8%27.1%-25.7%24.8%26.6%24.9%
ROCE % -16.3%18.7%18.5%14.9%16.4%16.7%12.3%16.2%15.1%10.4%10.9%12.7%-14.1%12.7%15.0%13.0%

Shareholding Pattern

Insiders
0.29%
Institutions
90.40%
Public Float
90.66%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 11.42% 60.93M $2.06B
2 Vanguard Capital Management LLC 6.50% 34.68M $1.17B
3 State Street Corporation 6.41% 34.19M $1.16B
4 Vanguard Portfolio Management LLC 5.22% 27.88M $942.63M
5 Charles Schwab Investment Management, Inc. 3.02% 16.11M $544.62M
6 Geode Capital Management, LLC 2.96% 15.80M $534.06M
7 AQR Capital Management, LLC 2.45% 13.08M $442.37M
8 Morgan Stanley 2.04% 10.90M $368.47M
9 Nordea Investment Management AB 1.98% 10.58M $357.75M
10 Invesco Ltd. 1.92% 10.24M $346.36M

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