General Mills Inc (GIS)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,835,000 | 3,134,500 | 3,059,000 | 2,899,500 | 2,997,100 | 3,034,600 | 3,072,600 | 3,095,000 | 3,122,300 | 3,145,600 | 3,169,700 | 2,993,200 | 2,807,900 | 2,800,500 | 2,797,900 | 3,164,000 | 3,538,700 | 3,749,300 | 3,953,600 | 3,689,900 |
| 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 |
| Pretax margin | 14.55% | 15.96% | 15.58% | 14.87% | 15.27% | 15.13% | 15.18% | 15.44% | 15.73% | 15.93% | 15.96% | 14.91% | 13.81% | 13.65% | 13.64% | 15.73% | 17.58% | 18.94% | 20.10% | 18.94% |
May 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,835,000K ÷ $19,486,600K
= 14.55%
The pretax margin of General Mills Inc. has demonstrated notable fluctuations over the observed period, reflecting changes in profitability before tax considerations. Starting from an approximate high of 20.10% on August 31, 2022, the pretax margin subsequently declined to a low of around 13.64% on February 28, 2023. This downward trend indicates a period of diminishing pre-tax profitability during this interval.
Following this trough, there was a gradual recovery, with the margin increasing to approximately 15.96% by August 31, 2023. The margin stabilized in the range between approximately 14.55% and 15.96% through the subsequent quarters, with minor month-to-month variations. The highest points post-decline were observed around late 2023 and early 2024, with margins approaching 15.96%.
Despite some oscillations, the margin's pattern indicates periods of pressure in profitability, potentially attributable to external economic factors, input costs, or operational efficiencies, followed by partial recoveries. As of late February 2025, the pretax margin was approximately 15.96%. Overall, the margin has maintained a relatively stable range over the extended period, albeit with notable short-term variations, reflecting the company's responsiveness to shifting market conditions and operational factors.
Peer comparison
May 31, 2025