GIS General Mills, Inc.

Price (delayed)

$60.97

Market cap

$37.27B

P/E Ratio

16.13

Dividend/share

$1.98

EPS

$3.78

Enterprise value

$49.1B

Sector: Consumer Defensive
Industry: Packaged Foods
General Mills, Inc. engages in the manufacture and marketing of branded consumer foods sold through retail stores. It operates through the following segments: North America Retail; Convenience Stores and Foodservice; Europe and Australia; and Asia and Latin America; and Pet. The North America Retail segment reflects business with a variety of grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, and e-commerce grocery providers. The Convenience Stores and Foodservice segment consists of ready-to-eat cereals, snacks, refrigerated yogurt, frozen meals, unbaked and fully baked frozen dough products, and baking mixes. The Europe and Australia segment refers to the retail and foodservice businesses in the greater Europe and Australian region, which includes yogurt, meal kits, super-premium ice cream, refrigerated and frozen dough products, shelf stable vegetables, grain snacks, and dessert and baking mixes. The Asia and Latin America segment encompasses the retail and foodservice businesses in the greater Asia and South America regions, which consist of premium ice cream and frozen desserts, refrigerated and frozen dough products, dessert and baking mixes, meal kits, salty and grain snacks, wellness beverages, and refrigerated yogurt. The Pet segment represents the pet food products sold primarily in the United States in specialty channels, including national pet superstore chains, regional pet store chains, neighborhood pet stores, and farm and feed stores; e-commerce retailers; military outlets; hardware stores; veterinary clinics and hospitals; and grocery and mass merchandisers. The company was founded by Cadwallader C. Washburn in 1866 and is headquartered in Minneapolis, MN.

Highlights

General Mills's quick ratio has increased by 41% YoY and by 2.3% from the previous quarter
The net income rose by 22% YoY and by 5% QoQ

Key stats

What are the main financial stats of GIS
Market
Shares outstanding
611.33M
Market cap
$37.27B
Enterprise value
$49.1B
Valuations
Price to earnings (P/E)
16.13
Price to book (P/B)
4.4
Price to sales (P/S)
2.07
EV/EBIT
14.69
EV/EBITDA
12.5
EV/Sales
2.73
Earnings
Revenue
$17.99B
EBIT
$3.34B
EBITDA
$3.93B
Free cash flow
$3.18B
Per share
EPS
$3.78
Free cash flow per share
$5.22
Book value per share
$13.85
Revenue per share
$29.5
TBVPS
$16.56
Balance sheet
Total assets
$31.26B
Total liabilities
$21.92B
Debt
$13.62B
Equity
$8.44B
Working capital
-$2.26B
Liquidity
Debt to equity
1.61
Current ratio
0.7
Quick ratio
0.45
Net debt/EBITDA
3.01
Margins
EBITDA margin
21.8%
Gross margin
35.2%
Net margin
12.8%
Operating margin
17.5%
Efficiency
Return on assets
7.5%
Return on equity
28.9%
Return on invested capital
22.6%
Return on capital employed
14.1%
Return on sales
18.6%
Dividend
Dividend yield
3.25%
DPS
$1.98
Payout ratio
52.4%

GIS stock price

How has the General Mills stock price performed over time

Financial performance

How have General Mills's revenue and profit performed over time
Revenue
$17.99B
Gross profit
$6.33B
Operating income
$3.15B
Net income
$2.3B
Gross margin
35.2%
Net margin
12.8%
The net income rose by 22% YoY and by 5% QoQ
General Mills's operating income has increased by 21% YoY and by 6% QoQ
The company's net margin rose by 14% YoY and by 3.2% QoQ
The operating margin is up by 13% year-on-year and by 4.2% since the previous quarter

Growth

What is General Mills's growth rate over time

Valuation

What is General Mills stock price valuation
P/E
16.13
P/B
4.4
P/S
2.07
EV/EBIT
14.69
EV/EBITDA
12.5
EV/Sales
2.73
The company's EPS rose by 21% YoY and by 5% QoQ
The price to earnings (P/E) is 12% lower than the 5-year quarterly average of 18.4
GIS's price to book (P/B) is 27% lower than its 5-year quarterly average of 6.0
General Mills's equity has increased by 14% YoY and by 4.8% from the previous quarter
The revenue has grown by 7% YoY and by 2.1% from the previous quarter
GIS's price to sales (P/S) is 3.5% higher than its 5-year quarterly average of 2.0 and 3.5% higher than its last 4 quarters average of 2.0

Efficiency

How efficient is General Mills business performance
The company's return on invested capital rose by 35% YoY and by 10% QoQ
General Mills's return on assets has increased by 21% YoY and by 4.2% QoQ
The company's return on sales rose by 15% YoY and by 5% QoQ
General Mills's ROE has increased by 7% YoY

Dividends

What is GIS's dividend history
DPS
$1.98
Dividend yield
3.25%
Payout ratio
52.4%
Recent dividends

Financial health

How did General Mills financials performed over time
GIS's total assets is 43% greater than its total liabilities
General Mills's quick ratio has increased by 41% YoY and by 2.3% from the previous quarter
The current ratio is up by 13% year-on-year and by 2.9% since the previous quarter
The company's debt is 61% higher than its equity
The debt to equity has declined by 17% year-on-year and by 4.2% since the previous quarter
General Mills's equity has increased by 14% YoY and by 4.8% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.