General Mills Inc (GIS)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 3,450,700 | 3,472,200 | 3,322,700 | 3,430,100 | 3,522,200 | 3,555,300 | 3,558,100 | 3,580,700 | 3,563,600 | 3,574,500 | 3,210,600 | 3,006,600 | 2,988,200 | 2,972,500 | 2,631,000 | 2,995,100 | 3,055,400 | 3,272,700 | 3,725,100 | 3,471,300 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 8,140,200 | — | 8,622,500 | — | 8,474,600 | — |
| Total stockholders’ equity | US$ in thousands | 9,263,200 | 9,200,700 | 9,275,600 | 9,396,700 | 9,396,700 | 9,436,800 | 9,436,800 | 9,378,800 | 9,378,800 | 10,262,400 | 10,262,400 | 10,449,600 | 10,449,600 | 10,234,500 | 10,234,500 | 10,121,200 | 10,121,200 | 10,574,800 | 10,574,800 | 10,542,400 |
| 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% |
February 28, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $3,450,700K ÷ ($—K + $9,263,200K)
= 37.25%
General Mills Inc's return on total capital has exhibited fluctuations over the periods provided. It started at a high of 32.93% on May 31, 2022, then dropped to 16.30% on November 27, 2022, before gradually increasing again. The return on total capital improved to 38.18% by November 30, 2023. There was a slight dip to 35.82% by August 31, 2024, but the ratio remained relatively steady around the mid to high 30s percentage range in subsequent periods, with the latest data showing a return of 37.25% as of February 28, 2025. This suggests that General Mills Inc has been effectively utilizing its total capital to generate returns for its stakeholders, with some variability in performance over time.
Peer comparison
Feb 28, 2025