GIS General Mills, Inc.

Price (delayed)

$62.14

Market cap

$37.9B

P/E Ratio

17.31

Dividend/share

$1.96

EPS

$3.59

Enterprise value

$49.76B

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 47% YoY and by 26% from the previous quarter
The net income rose by 24% YoY and by 2.6% QoQ
The price to earnings (P/E) is 8% lower than the 5-year quarterly average of 18.9 but 6% higher than the last 4 quarters average of 16.3

Key stats

What are the main financial stats of GIS
Market
Shares outstanding
609.87M
Market cap
$37.9B
Enterprise value
$49.76B
Valuations
Price to earnings (P/E)
17.31
Price to book (P/B)
4.67
Price to sales (P/S)
2.14
EV/EBIT
15.91
EV/EBITDA
13.37
EV/Sales
2.82
Earnings
Revenue
$17.63B
EBIT
$3.13B
EBITDA
$3.72B
Free cash flow
$3.22B
Per share
EPS
$3.59
Free cash flow per share
$5.31
Book value per share
$13.29
Revenue per share
$29.08
TBVPS
$16.15
Balance sheet
Total assets
$30.81B
Total liabilities
$21.91B
Debt
$13.54B
Equity
$8.06B
Working capital
-$2.37B
Liquidity
Debt to equity
1.68
Current ratio
0.68
Quick ratio
0.44
Net debt/EBITDA
3.19
Margins
EBITDA margin
21.1%
Gross margin
34.8%
Net margin
12.4%
Operating margin
16.8%
Efficiency
Return on assets
7.2%
Return on equity
28.4%
Return on invested capital
20.5%
Return on capital employed
13.4%
Return on sales
17.7%
Dividend
Dividend yield
3.15%
DPS
$1.96
Payout ratio
54.6%

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
$17.63B
Gross profit
$6.13B
Operating income
$2.95B
Net income
$2.18B
Gross margin
34.8%
Net margin
12.4%
The net income rose by 24% YoY and by 2.6% QoQ
The company's net margin rose by 19% YoY but it fell by 2.4% QoQ
General Mills's operating income has increased by 16% YoY and by 2.9% QoQ
The operating margin is up by 11% year-on-year

Valuation

What is General Mills stock price valuation
P/E
17.31
P/B
4.67
P/S
2.14
EV/EBIT
15.91
EV/EBITDA
13.37
EV/Sales
2.82
The company's EPS rose by 23% YoY and by 2% QoQ
The price to earnings (P/E) is 8% lower than the 5-year quarterly average of 18.9 but 6% higher than the last 4 quarters average of 16.3
GIS's price to book (P/B) is 23% lower than its 5-year quarterly average of 6.1 but 6% higher than its last 4 quarters average of 4.4
General Mills's equity has increased by 14% YoY and by 6% from the previous quarter
GIS's price to sales (P/S) is 7% higher than its 5-year quarterly average of 2.0 and 7% higher than its last 4 quarters average of 2.0
The revenue has grown by 5% from the previous quarter and by 4.5% YoY

Efficiency

How efficient is General Mills business performance
The company's return on invested capital rose by 27% YoY and by 7% QoQ
General Mills's return on assets has increased by 24% YoY and by 2.9% QoQ
The company's return on sales rose by 13% YoY
General Mills's ROE has increased by 9% YoY

Dividends

What is GIS's dividend history
DPS
$1.96
Dividend yield
3.15%
Payout ratio
54.6%
Recent dividends

Financial health

How did General Mills financials performed over time
GIS's total assets is 41% greater than its total liabilities
General Mills's quick ratio has increased by 47% YoY and by 26% from the previous quarter
The current ratio is up by 15% year-on-year and by 6% since the previous quarter
The company's debt is 68% higher than its equity
The debt to equity has declined by 18% year-on-year and by 7% since the previous quarter
General Mills's equity has increased by 14% YoY and by 6% from the previous quarter

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