General Mills Inc financial data

Symbol
GIS on NYSE
Industry
Grain Mill Products
Location
Number One General Mills Blvd, Minneapolis, Minnesota
State of incorporation
Delaware
Fiscal year end
May 30
Latest financial report
Q2 2024 - Jun 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 66.7 % +11.7%
Quick Ratio 27.9 % +14.7%
Debt-to-equity 222 % +11.1%
Return On Equity 23.6 % -7.68%
Return On Assets 8 % -3.62%
Operating Margin 17.3 % +1.11%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 558 M shares -4.62%
Entity Public Float 37.1 B USD -24.2%
Common Stock, Value, Issued 75.5 M USD 0%
Weighted Average Number of Shares Outstanding, Basic 576 M shares -3.25%
Weighted Average Number of Shares Outstanding, Diluted 580 M shares -3.61%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.04 B USD +4.11%
Revenue from Contract with Customer, Excluding Assessed Tax 19.9 B USD -1.18%
Research and Development Expense 258 M USD +0.08%
Operating Income (Loss) 3.43 B USD -0.06%
Income Tax Expense (Benefit) 595 M USD -2.89%
Net Income (Loss) Attributable to Parent 2.5 B USD -3.75%
Earnings Per Share, Basic 4.34 USD/shares -0.46%
Earnings Per Share, Diluted 4.31 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 418 M USD -28.6%
Inventory, Net 1.9 B USD -12.6%
Other Assets, Current 569 M USD -22.7%
Assets, Current 4.58 B USD -11.5%
Deferred Income Tax Assets, Net 168 M USD
Property, Plant and Equipment, Net 3.86 B USD +6.26%
Operating Lease, Right-of-Use Asset 366 M USD +7.68%
Intangible Assets, Net (Excluding Goodwill) 6.98 B USD +0.18%
Goodwill 14.8 B USD +1.65%
Other Assets, Noncurrent 1.29 B USD +11.6%
Assets 31.5 B USD +0.06%
Accounts Payable, Current 3.99 B USD -4.92%
Employee-related Liabilities, Current 305 M USD -28.6%
Liabilities, Current 7.03 B USD -6.67%
Long-term Debt and Lease Obligation 11.3 B USD +13.4%
Accrued Income Taxes, Noncurrent 187 M USD -23.8%
Deferred Income Tax Liabilities, Net 2.2 B USD +4.25%
Operating Lease, Liability, Noncurrent 283 M USD +10%
Other Liabilities, Noncurrent 1.28 B USD +12.6%
Liabilities 21.8 B USD +5.16%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.52 B USD -10.7%
Retained Earnings (Accumulated Deficit) 21 B USD +5.71%
Stockholders' Equity Attributable to Parent 9.4 B USD -10.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 9.65 B USD -9.83%
Liabilities and Equity 31.5 B USD +0.06%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.3 B USD +18.9%
Net Cash Provided by (Used in) Financing Activities -2.27 B USD +5.48%
Net Cash Provided by (Used in) Investing Activities -1.2 B USD -246%
Common Stock, Shares Authorized 1 B shares 0%
Common Stock, Shares, Issued 755 M shares 0%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -168 M USD -1140%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 418 M USD -28.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 464 M USD +37.8%
Deferred Tax Assets, Valuation Allowance 256 M USD -1.43%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 854 M USD +12.3%
Operating Lease, Liability 385 M USD +7.27%
Payments to Acquire Property, Plant, and Equipment 774 M USD +12.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 2.25 B USD -1.47%
Lessee, Operating Lease, Liability, to be Paid 440 M USD +9.31%
Property, Plant and Equipment, Gross 11.1 B USD +5.02%
Operating Lease, Liability, Current 102 M USD +0.29%
Lessee, Operating Lease, Liability, to be Paid, Year Two 96.7 M USD +11.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 118 M USD +5.63%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +22.7%
Deferred Income Tax Expense (Benefit) -48.5 M USD -118%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 55.2 M USD +26%
Lessee, Operating Lease, Liability, to be Paid, Year Three 66.2 M USD +2.96%
Deferred Tax Assets, Operating Loss Carryforwards 260 M USD +17.3%
Deferred Federal Income Tax Expense (Benefit) 27.4 M USD +185%
Current Income Tax Expense (Benefit) 643 M USD +1.36%
Preferred Stock, Shares Authorized 5 M shares 0%
Unrecognized Tax Benefits 149 M USD -17.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 42.2 M USD -1.63%
Operating Lease, Payments 130 M USD -0.15%
Current State and Local Tax Expense (Benefit) 72 M USD -12.4%
Current Federal Tax Expense (Benefit) 513 M USD +5.28%
Depreciation, Depletion and Amortization 553 M USD +1.12%
Deferred Tax Assets, Net of Valuation Allowance 598 M USD +19.4%
Deferred State and Local Income Tax Expense (Benefit) 9.7 M USD
Interest Expense 479 M USD +25.4%