General Mills Inc (GIS)

Operating 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
Operating income (ttm)	US$ in thousands	3,580,000	3,467,800	3,280,800	3,360,000	3,392,600	3,425,200	3,464,300	3,483,600	3,490,000	3,496,400	3,134,900	2,935,100	2,916,700	2,898,300	2,556,800	2,912,200	2,972,500	3,188,800	3,641,200	3,370,900
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
Operating profit margin		18.22%	17.66%	16.83%	17.12%	16.92%	16.92%	17.28%	17.55%	17.68%	17.61%	15.61%	14.44%	14.21%	14.13%	12.71%	14.47%	15.01%	16.22%	18.69%	17.70%

February 28, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,580,000K ÷ $19,644,300K
= 18.22%

General Mills Inc's operating profit margin has shown fluctuations over the period from May 2022 to February 2025. The operating profit margin ranged from a low of 12.71% in February 2023 to a high of 18.69% in August 2022.

The trend shows some variability but generally indicates a relatively stable performance, with some improvements in recent periods. For example, there was an increase in the operating profit margin from May 2023 (14.44%) to August 2023 (17.61%) before reaching a peak of 18.22% in February 2025.

Overall, the operating profit margin has been above 15% for most of the period, indicating that General Mills Inc has been able to effectively manage its operating costs and generate profits from its core business operations. It is important for the company to continue monitoring and improving its operating efficiency to sustain profitability in the long term.