General Mills Inc (GIS)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 32,706,200 | 33,396,100 | 31,769,200 | 31,469,900 | 31,469,900 | 30,860,500 | 30,860,500 | 31,233,400 | 31,233,400 | 31,319,700 | 31,319,700 | 31,451,700 | 31,451,700 | 31,199,800 | 31,199,800 | 31,319,800 | 31,319,800 | 31,107,200 | 31,107,200 | 31,488,400 |
| Operating ROA | 10.95% | 10.38% | 10.33% | 10.68% | 10.78% | 11.10% | 11.23% | 11.15% | 11.17% | 11.16% | 10.01% | 9.33% | 9.27% | 9.29% | 8.19% | 9.30% | 9.49% | 10.25% | 11.71% | 10.71% |
February 28, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $3,580,000K ÷ $32,706,200K
= 10.95%
General Mills Inc's operating return on assets (Operating ROA) has shown some fluctuations over the period under review. The Operating ROA started around 10.71% on May 31, 2022, increased to a peak of 11.71% on August 28, 2022, and then gradually declined to 8.19% on February 26, 2023.
Subsequently, the Operating ROA showed a mixed trend with some fluctuations, ranging from 9.27% to 11.23% until February 28, 2025, where it stood at 10.95%. Overall, the Operating ROA demonstrates General Mills Inc's ability to generate operating profit from its assets, with some variability in performance observed during the period.
Peer comparison
Feb 28, 2025