General Mills Inc (GIS)
Profitability ratios
Return on sales
| May 26, 2024 | Feb 25, 2024 | Nov 26, 2023 | Aug 27, 2023 | May 28, 2023 | Feb 26, 2023 | Nov 27, 2022 | Aug 28, 2022 | May 29, 2022 | Feb 27, 2022 | Nov 28, 2021 | Aug 29, 2021 | May 30, 2021 | Feb 28, 2021 | Nov 29, 2020 | Aug 30, 2020 | May 31, 2020 | Feb 23, 2020 | Nov 24, 2019 | Aug 25, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.33% | 35.00% | 34.67% | 34.18% | 32.14% | 32.57% | 31.94% | 31.89% | 33.71% | 33.37% | 34.57% | 35.66% | 36.00% | 36.00% | 35.85% | 35.63% | 35.23% | 35.21% | 35.54% | 35.23% |
| Operating profit margin | 17.49% | 17.42% | 16.46% | 16.32% | 16.86% | 17.95% | 18.77% | 18.96% | 18.30% | 16.15% | 16.39% | 17.32% | 17.56% | 18.59% | 17.98% | 17.70% | 16.98% | 17.18% | 17.22% | 15.64% |
| Pretax margin | 15.75% | 15.83% | 14.99% | 15.01% | 15.74% | 16.85% | 17.82% | 18.02% | 17.34% | 15.36% | 15.39% | 16.32% | 16.58% | 17.42% | 16.73% | 16.23% | 15.30% | 14.47% | 14.33% | 12.61% |
| Net profit margin | 12.72% | 12.82% | 12.19% | 12.18% | 12.74% | 13.85% | 14.69% | 14.79% | 14.25% | 12.36% | 12.15% | 12.86% | 13.06% | 13.83% | 13.31% | 12.94% | 12.54% | 12.85% | 12.84% | 11.42% |
General Mills Inc has shown relatively stable gross profit margins over the past two years, ranging between 31.94% and 35.33%. The operating profit margin has fluctuated slightly but has generally remained in the range of 16% to 19%. The company has maintained a consistent pretax margin of around 15% to 18% over the same period. In terms of net profit margin, General Mills has demonstrated a narrow range of 11.42% to 14.79%, indicating a consistently profitable performance. Overall, the company has managed to maintain healthy levels of profitability, with solid margins across different periods.
Return on investment
| May 26, 2024 | Feb 25, 2024 | Nov 26, 2023 | Aug 27, 2023 | May 28, 2023 | Feb 26, 2023 | Nov 27, 2022 | Aug 28, 2022 | May 29, 2022 | Feb 27, 2022 | Nov 28, 2021 | Aug 29, 2021 | May 30, 2021 | Feb 28, 2021 | Nov 29, 2020 | Aug 30, 2020 | May 31, 2020 | Feb 23, 2020 | Nov 24, 2019 | Aug 25, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.90% | 11.25% | 10.53% | 10.47% | 10.92% | 11.64% | 11.87% | 11.95% | 11.18% | 9.66% | 9.29% | 9.70% | 9.88% | 10.49% | 10.06% | 10.06% | 9.59% | 9.39% | 9.33% | 8.50% |
| Return on assets (ROA) | 7.93% | 8.28% | 7.80% | 7.81% | 8.25% | 8.98% | 9.29% | 9.32% | 8.71% | 7.39% | 6.89% | 7.20% | 7.35% | 7.81% | 7.45% | 7.36% | 7.08% | 7.03% | 6.96% | 6.21% |
| Return on total capital | 38.00% | 38.30% | 36.60% | 33.40% | 34.34% | 20.63% | 20.81% | 20.50% | 18.67% | 15.60% | 15.76% | 16.78% | 17.60% | 19.55% | 17.77% | 17.34% | 16.48% | 14.96% | 15.31% | 13.60% |
| Return on equity (ROE) | 26.57% | 27.06% | 25.98% | 23.85% | 24.82% | 27.38% | 28.74% | 27.43% | 25.68% | 23.45% | 23.48% | 24.02% | 24.71% | 28.67% | 28.15% | 27.23% | 27.07% | 28.06% | 27.47% | 25.48% |
General Mills Inc has shown relatively consistent profitability over the past few quarters based on the profitability ratios analyzed.
- Operating return on assets (Operating ROA) has ranged from around 9.29% to 11.87% over the past few quarters, indicating that the company is generating between 9.29% and 11.87% in operating profit for every dollar of assets employed. The latest figure of 10.90% suggests a solid operating performance.
- Return on assets (ROA) has ranged from around 6.89% to 9.32% over the same period, showcasing that General Mills is generating between 6.89% and 9.32% in profit for every dollar of total assets. The latest ROA figure of 7.93% signifies the company's ability to generate a decent return on its total assets.
- Return on total capital has fluctuated significantly, with values ranging from 13.60% to 38.30% over the quarters analyzed. The latest figure of 38.30% indicates a strong return on the total capital employed by the company, reflecting efficient capital utilization.
- Return on equity (ROE) has also shown variability, with figures ranging from 23.45% to 28.74% over the same period. The latest ROE figure of 26.57% suggests that General Mills is generating a favorable return for its shareholders' equity, indicating good profitability from the equity investors' perspective.
Overall, General Mills has demonstrated solid profitability ratios across most quarters, showing efficient management of assets, capital, and equity to generate profits.