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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
General Mills's Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$18.13 B | $18.99 B | $20.09 B | $19.86 B | $19.49 B |
| Cost of Revenue |
|
$11.68 B | $12.59 B | $13.55 B | $12.93 B | $12.76 B |
| Gross Profit |
|
$6.45 B | $6.40 B | $6.55 B | $6.93 B | $6.73 B |
| Research & Development |
|
- | - | - | - | - |
| Selling,General & Administrative |
|
$2.95 B | $3.03 B | $3.41 B | $3.18 B | $3.38 B |
| Operating Expense |
|
$3.30 B | $2.93 B | $3.11 B | $3.50 B | $3.45 B |
| Operating Income |
|
$3.14 B | $3.48 B | $3.43 B | $3.43 B | $3.30 B |
| Net Income |
|
$2.34 B | $2.71 B | $2.59 B | $2.50 B | $2.28 B |
General Mills's Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$1.87 B | $819.20 M | $702.70 M | $418.00 M | $363.90 M |
| Inventories |
|
$1.82 B | $1.87 B | $2.17 B | $1.90 B | $1.91 B |
| Total Current Assets |
|
$5.75 B | $5.09 B | $5.18 B | $4.58 B | $5.28 B |
| Property,Plant and Equipment |
|
$3.99 B | $3.73 B | $3.98 B | $4.23 B | $4.03 B |
| Goodwill |
|
$14.06 B | $14.38 B | $14.51 B | $14.75 B | $15.62 B |
| Total Assets |
|
$31.84 B | $31.09 B | $31.45 B | $31.47 B | $33.07 B |
| Total Liabilities |
|
$21.46 B | $20.30 B | $20.75 B | $21.82 B | $23.86 B |
| Retained Earnings |
|
$17.07 B | $18.53 B | $19.84 B | $20.97 B | $21.92 B |
| Total Shareholder Equity |
|
$9.47 B | $10.54 B | $10.45 B | $9.40 B | $9.20 B |
| Common Stock |
|
$75.50 M | $75.50 M | $75.50 M | $75.50 M | $75.50 M |
General Mills's Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$601.30 M | $570.30 M | $546.60 M | $552.70 M | $539.00 M |
| Dividends Payout |
|
-$1.25 B | -$1.24 B | -$1.29 B | -$1.36 B | -$1.34 B |
| Capital Expenditures (Capex) |
|
-$530.80 M | -$568.70 M | -$689.50 M | -$774.10 M | -$625.30 M |
| Free Cash Flow (FCF) |
|
$2.45 B | $2.75 B | $2.09 B | $2.53 B | $2.29 B |
General Mills's Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$6.45 B | $6.40 B | $6.55 B | $6.93 B | $6.73 B |
| Gross Profit Margin (%) |
|
35.57% | 33.71% | 32.58% | 34.91% | 34.55% |
| Operating Income |
|
$3.14 B | $3.48 B | $3.43 B | $3.43 B | $3.30 B |
| Operating Income Margin (%) |
|
17.35% | 18.30% | 17.09% | 17.28% | 16.96% |
| Net Income |
|
$2.34 B | $2.71 B | $2.59 B | $2.50 B | $2.28 B |
| Net Income Margin (%) |
|
12.91% | 14.25% | 12.91% | 12.57% | 11.78% |
| EBITDA |
|
$3.89 B | $4.16 B | $4.08 B | $4.08 B | $3.92 B |
| EBITDA Margin (%) |
|
21.44% | 21.92% | 20.32% | 20.54% | 20.13% |
General Mills's Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
24.71% | 25.68% | 24.82% | 26.57% | 24.84% |
| Return on Assets (ROA) |
|
7.35% | 8.71% | 8.25% | 7.93% | 6.91% |
| Debt to Equity |
|
137.34% | 113.59% | 115.46% | 141.70% | 166.28% |
| Debt to total asset |
|
40.85% | 38.52% | 38.36% | 42.31% | 46.25% |
| Enterprise value to revenue |
|
2.76 | 2.84 | 3.06 | 2.63 | 2.29 |
| Enterprise value to EBITDA |
|
12.89 | 12.94 | 15.07 | 12.80 | 11.35 |
| Enterprise value |
|
$50.10 B | $53.86 B | $61.55 B | $52.20 B | $44.53 B |
| Tax Rate (%) |
|
21.15% | 17.65% | 19.00% | 19.10% | 19.83% |
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