General Mills Inc (GIS)

Gross profit margin

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	May 26, 2024	Feb 29, 2024	Feb 25, 2024	Nov 30, 2023	Nov 26, 2023	Aug 31, 2023	Aug 27, 2023	May 31, 2023	May 28, 2023	Feb 28, 2023	Feb 26, 2023	Nov 30, 2022	Nov 27, 2022	Aug 31, 2022	Aug 28, 2022	May 31, 2022
Gross profit (ttm)	US$ in thousands	6,947,300	6,996,500	6,747,200	6,765,800	6,843,400	6,921,000	7,009,700	7,072,800	7,035,100	6,997,400	6,891,700	6,786,000	6,762,900	6,739,800	6,522,700	6,305,600	6,254,000	6,318,800	6,274,800	6,230,800
Revenue (ttm)	US$ in thousands	19,644,300	19,638,700	19,497,800	19,627,200	20,052,700	20,237,700	20,043,200	19,853,400	19,744,000	19,857,000	20,078,200	20,331,800	20,522,500	20,517,100	20,108,800	20,128,300	19,798,800	19,665,300	19,485,400	19,045,900
Gross profit margin		35.37%	35.63%	34.60%	34.47%	34.13%	34.20%	34.97%	35.63%	35.63%	35.24%	34.32%	33.38%	32.95%	32.85%	32.44%	31.33%	31.59%	32.13%	32.20%	32.71%

February 28, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,947,300K ÷ $19,644,300K
= 35.37%

The gross profit margin of General Mills Inc has shown some fluctuations over the past few years, ranging from 31.33% to 35.63%. The trend indicates that there have been some improvements in the gross profit margin over time, with the latest reported figure for February 28, 2025, standing at 35.37%. This suggests that the company has been effective in managing its cost of goods sold and generating profits from its core operations. However, it is essential to closely monitor the gross profit margin to ensure sustained profitability and operational efficiency in the future.