General Mills Inc (GIS)

Operating profit margin

May 31, 2025 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
Operating income (ttm) US$ in thousands 3,304,800 3,580,000 3,467,800 3,300,600 3,379,800 3,412,400 3,445,000 3,464,300 3,483,600 3,490,000 3,496,400 3,296,600 3,096,800 3,078,400 3,060,000 3,415,400 3,770,800 3,987,100 4,203,400 3,933,100
Revenue (ttm) US$ in thousands 19,486,600 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
Operating profit margin 16.96% 18.22% 17.66% 16.93% 17.22% 17.02% 17.02% 17.28% 17.55% 17.68% 17.61% 16.42% 15.23% 15.00% 14.91% 16.98% 18.73% 20.14% 21.37% 20.18%

May 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,304,800K ÷ $19,486,600K
= 16.96%

The operating profit margin of General Mills Inc. has demonstrated variability over the period from August 2022 through May 2025. Initially, the margin was relatively high, with values around 20.18% in August 2022, peaking slightly at 21.37% in the same month. During the subsequent months, there was a notable decline, reaching a low of approximately 14.91% in February 2023. This decline continued into early 2023, with the margin decreasing further to around 15.00% in May 2023 before experiencing a modest recovery.

Between August 2023 and February 2024, the operating profit margin showed signs of stabilization and gradual improvement, rising from approximately 16.42% in August 2023 to about 17.28% in February 2024. This upward trend was maintained into mid-2024, with the margin reaching roughly 17.66% in late November 2024. The margin then fluctuated slightly but remained around 17-18% through early 2025.

Overall, the trend indicates periods of decline followed by partial recoveries, with the average operating profit margin fluctuating within a range approximately between 14.91% and 21.37%. In recent data, the margin appears relatively stable, averaging near 17%. This pattern suggests periods of external or internal challenges impacting profitability, followed by strategic adjustments that enabled partial recovery. The current figures imply a relatively stable profitability margin, although still below the highest levels observed in late 2022.


Peer comparison

May 31, 2025


See also:

General Mills Inc Operating Profit Margin (Quarterly Data)