General Mills Inc (GIS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.37% | 35.63% | 34.60% | 34.47% | 34.13% | 34.20% | 34.97% | 35.63% | 35.63% | 35.24% | 34.32% | 33.38% | 32.95% | 32.85% | 32.44% | 31.33% | 31.59% | 32.13% | 32.20% | 32.71% |
| 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% |
| Pretax margin | 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% | 18.05% |
| 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% |
General Mills Inc has shown consistency in maintaining a relatively stable gross profit margin over the analyzed periods, with a slight increase from 32.71% on May 31, 2022, to 35.37% on February 28, 2025. This indicates the company's ability to efficiently control direct production costs and generate profits from its core operations.
The operating profit margin fluctuated during the observed timeframe, ranging from 12.71% on February 26, 2023, to 18.69% on August 28, 2022. However, the margin trended upwards towards the later periods, reaching 18.22% on February 28, 2025. This suggests improvements in the efficiency of General Mills' day-to-day operations.
The pretax margin experienced some variations, starting at 13.64% on February 28, 2023, and peaking at 20.10% on August 31, 2022. The margin then stabilized around the mid to high teens, ending at 15.96% on February 28, 2025. This metric reflects the company's ability to control operating expenses and generate profits before taxes.
Regarding net profit margin, General Mills Inc maintained a steady trend with fluctuations between 11.30% and 16.71% over the analyzed periods. The margin improved gradually and stood at 13.03% on February 28, 2025. This demonstrates the company's ability to efficiently manage various costs to generate net profits.
In conclusion, General Mills Inc has demonstrated resilience in maintaining and improving profitability margins which indicates effective cost management and operational efficiency over the analysis period.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 7.82% | 7.46% | 7.44% | 7.80% | 7.92% | 8.20% | 8.21% | 8.13% | 8.19% | 8.23% | 7.84% | 7.43% | 7.40% | 7.43% | 8.28% | 9.11% | 9.80% | 10.56% | 10.05% | 9.42% |
| Return on total capital | 37.25% | 37.74% | 35.82% | 36.50% | 37.48% | 37.67% | 37.70% | 38.18% | 38.00% | 34.83% | 31.29% | 28.77% | 28.60% | 29.04% | 14.32% | 29.59% | 16.30% | 30.95% | 19.55% | 32.93% |
| Return on equity (ROE) | 27.62% | 27.07% | 25.50% | 26.13% | 26.53% | 26.82% | 26.86% | 27.06% | 27.27% | 25.11% | 23.94% | 22.35% | 22.27% | 22.65% | 25.26% | 28.18% | 30.32% | 31.07% | 29.56% | 28.14% |
General Mills Inc has shown a consistent and favorable trend in its profitability ratios over the past few quarters.
1. Operating Return on Assets (Operating ROA) has ranged between 8.19% to 11.71%, indicating that the company has been efficient in generating profits from its assets over time.
2. Return on Assets (ROA) has varied from 7.40% to 10.56%, reflecting the company's ability to generate profits relative to its total assets. The higher end of the range demonstrates General Mills' efficient asset utilization.
3. Return on Total Capital has demonstrated a strong performance, fluctuating between 14.32% to 38.18%. This highlights the company's effective utilization of both equity and debt capital to generate returns for its investors.
4. Return on Equity (ROE) has ranged from 22.27% to 31.07%, reflecting the company's ability to generate profits from shareholders' equity. General Mills Inc has consistently provided solid returns to its equity investors.
Overall, General Mills Inc's profitability ratios reflect a positive trend, indicating the company's ability to effectively manage its assets, capital, and equity to generate profits for its investors.