General Mills Inc (GIS)
Return on total capital
| May 31, 2025 | May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 3,359,200 | 3,526,300 | 3,570,300 | 3,536,600 | 3,588,200 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,199,200 | 9,396,700 | 9,396,700 | 10,449,600 | 10,449,600 |
| Return on total capital | 36.52% | 37.53% | 38.00% | 33.84% | 34.34% |
May 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $3,359,200K ÷ ($—K + $9,199,200K)
= 36.52%
The data indicates that General Mills Inc's return on total capital has experienced fluctuations over the reporting periods. As of May 28, 2023, the return stood at 34.34%, which decreased slightly to 33.84% by May 31, 2023. Moving forward, there was a notable increase in the subsequent fiscal year, with the return reaching 38.00% on May 26, 2024, and slightly declining to 37.53% by May 31, 2024. These figures suggest an improvement in the company's efficiency in generating profits from its total capital, signaling enhanced operational performance or effective capital utilization during this period. The return on total capital for May 31, 2025, decreased to 36.52%, indicating a slight decline compared to the previous year but remaining above the levels observed in the earlier periods. Overall, the trend indicates a period of growth followed by marginal contraction, with the company's ability to generate returns from its invested capital remaining relatively strong across the analyzed periods.
Peer comparison
May 31, 2025