General Mills Inc (GIS)

Net 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
Net income (ttm)	US$ in thousands	2,558,700	2,490,600	2,365,000	2,455,200	2,493,200	2,531,200	2,534,600	2,538,000	2,557,400	2,576,800	2,456,400	2,336,000	2,327,000	2,318,000	2,584,900	2,851,800	3,068,700	3,285,600	3,125,900	2,966,200
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
Net profit margin		13.03%	12.68%	12.13%	12.51%	12.43%	12.51%	12.65%	12.78%	12.95%	12.98%	12.23%	11.49%	11.34%	11.30%	12.85%	14.17%	15.50%	16.71%	16.04%	15.57%

February 28, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,558,700K ÷ $19,644,300K
= 13.03%

General Mills Inc's net profit margin has shown some fluctuations over the given time period. The net profit margin is a measure of a company's profitability, indicating how much of each dollar of revenue is translated into profit.

From May 31, 2022, to February 28, 2025, the net profit margin ranged between 11.30% and 16.71%. It started at 15.57% on May 31, 2022, reached a peak of 16.71% on August 31, 2022, and then experienced a slight decline. There was a notable drop to 11.30% by February 28, 2023, before gradually increasing to 13.03% by February 28, 2025.

The variations in net profit margin suggest that General Mills Inc's profitability levels have been fluctuating over the analyzed period. It is crucial to further investigate the company's financial performance and related factors to understand the reasons behind these fluctuations and to assess the overall health of the organization.