General Mills Inc (GIS)

Gross profit margin

May 31, 2025 May 31, 2024 May 26, 2024 May 31, 2023 May 28, 2023
Gross profit US$ in thousands 6,727,000 6,932,100 6,932,100 6,545,800 6,545,800
Revenue US$ in thousands 19,486,600 19,857,200 2,037,800 20,094,200 1,957,400
Gross profit margin 34.52% 34.91% 340.18% 32.58% 334.41%

May 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $6,727,000K ÷ $19,486,600K
= 34.52%

The provided data on General Mills Inc.'s gross profit margin reveals a notable inconsistency and potential data inaccuracies. For the period ending May 28, 2023, the gross profit margin is reported at 334.41%, which substantially exceeds typical industry ranges and suggests a data anomaly or typographical error. Such an extraordinarily high figure is not plausible given standard gross profit margin calculations, which usually fall within a range of 20% to 50% for most consumer food companies.

Conversely, for May 31, 2023, the gross profit margin is documented at 32.58%, aligning more closely with industry expectations and indicating a typical margin level for General Mills during that period. For subsequent periods, notably May 26, 2024, and May 31, 2024, the gross profit margins are reported as 340.18% and 34.91%, respectively. Again, the figure for May 26, 2024, significantly exceeds normal margins, suggesting a probable data error or misreporting. The May 31, 2024, figure appears more realistic and suggests a slight increase in gross profit margin compared to the previous year.

The most recent data point, May 31, 2025, shows a gross profit margin of 34.52%, indicating stability and a modest increase from the previous year, reflecting consistent profitability at the gross level.

Overall, excluding the anomalous high figures, the gross profit margin for General Mills demonstrates a relatively stable trend around 32.5% to 34.9% over the evaluated periods. This stability suggests effective cost control and pricing strategies, enabling the company to maintain its profitability despite potential market fluctuations. The pronounced discrepancies in some data points highlight the importance of verifying figures for accuracy and contextual relevance before drawing comprehensive conclusions.


Peer comparison

May 31, 2025


See also:

General Mills Inc Gross Profit Margin