GIS - General Mills, Inc.
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$52.20
DETAILS
HIGH:
$63.00
LOW:
$47.00
MEDIAN:
$51.50
CONSENSUS:
$52.20
UPSIDE:
17.28%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 19,486.6 | 19,857.2 | 20,094.2 | 18,992.8 | 18,127.0 | 17,626.6 | 16,865.2 | 15,740.4 | 15,619.8 | 16,563.1 |
| Cost of Revenue | 12,753.6 | 12,925.1 | 13,548.4 | 12,590.6 | 11,678.7 | 11,496.7 | 11,108.4 | 10,304.8 | 10,052.0 | 10,733.6 |
| Gross Profit | 6,733.0 | 6,932.1 | 6,545.8 | 6,402.2 | 6,448.3 | 6,129.9 | 5,756.8 | 5,435.6 | 5,567.8 | 5,829.5 |
| Operating Expenses | ||||||||||
| R&D Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| SG&A Expenses | 3,445.8 | 3,259.0 | 3,500.4 | 3,147.0 | 3,079.6 | 3,151.6 | 2,935.8 | 2,850.1 | 2,888.8 | 3,118.9 |
| Other Expenses | (17.6) | 241.4 | (388.4) | (220.6) | 223.9 | 24.4 | 305.1 | 165.6 | 186.9 | 3.2 |
| Operating Expenses | 3,428.2 | 3,500.4 | 3,112.0 | 2,926.4 | 3,303.5 | 3,176.0 | 3,240.9 | 3,015.7 | 3,075.7 | 3,122.1 |
| Operating Income | ||||||||||
| Operating Income | 3,304.8 | 3,431.7 | 3,433.8 | 3,475.8 | 3,144.8 | 2,953.9 | 2,515.9 | 2,419.9 | 2,492.1 | 2,707.4 |
| Interest Expense | 549.3 | 503.1 | 393.4 | 376.6 | 418.0 | 461.0 | 518.2 | 398.7 | 301.5 | 301.3 |
| Interest Income | 24.6 | 18.8 | 14.0 | 3.8 | 7.4 | 6.0 | 5.6 | 11.7 | 7.0 | 8.1 |
| Profitability | ||||||||||
| EBITDA | 3,922.8 | 4,079.0 | 4,083.2 | 4,163.3 | 3,886.4 | 3,667.4 | 3,229.5 | 3,139.8 | 3,177.0 | 3,323.6 |
| EBIT | 3,383.8 | 3,526.3 | 3,536.6 | 3,593.0 | 3,285.1 | 3,072.7 | 2,609.4 | 2,521.0 | 2,573.4 | 2,715.5 |
| Income Before Tax | 2,892.6 | 3,113.1 | 3,221.8 | 3,321.3 | 2,975.1 | 2,691.3 | 2,154.0 | 2,220.3 | 2,356.3 | 2,492.0 |
| Income Tax Expense | 573.7 | 594.5 | 612.2 | 586.3 | 629.1 | 480.5 | 367.8 | 57.3 | 655.2 | 755.2 |
| Net Income | 2,295.2 | 2,496.6 | 2,593.9 | 2,707.3 | 2,339.8 | 2,181.2 | 1,752.7 | 2,131.0 | 1,657.5 | 1,697.4 |
| Per Share Data | ||||||||||
| EPS (Basic) | 4.12 | 4.34 | 4.36 | 4.46 | 3.81 | 3.59 | 2.92 | 3.69 | 2.82 | 2.83 |
| EPS (Diluted) | 4.10 | 4.31 | 4.31 | 4.42 | 3.78 | 3.56 | 2.90 | 3.64 | 2.77 | 2.77 |
| Shares Outstanding | 554.5 | 575.5 | 594.8 | 607.5 | 614.1 | 608.1 | 600.4 | 576.8 | 587.1 | 598.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 363.9 | 418.0 | 585.5 | 569.4 | 1,505.2 | 1,677.8 | 450.0 | 399.0 | 766.1 | 763.7 |
| Short-Term Investments | 0.0 | 0.0 | 117.2 | 249.8 | 360.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Receivables | 1,937.1 | 1,938.6 | 2,014.0 | 1,961.0 | 1,815.1 | 1,770.9 | 1,972.1 | 1,899.1 | 1,628.8 | 1,564.7 |
| Inventory | 1,910.8 | 1,898.2 | 2,172.0 | 1,867.3 | 1,820.5 | 1,426.3 | 1,559.3 | 1,642.2 | 1,483.6 | 1,413.7 |
| Other Current Assets | 794.9 | 60.0 | 43.3 | 228.8 | 32.0 | 51.8 | 16.1 | 17.8 | 14.0 | 17.2 |
| Total Current Assets | 5,275.7 | 4,580.9 | 5,176.4 | 5,089.8 | 5,754.5 | 5,121.3 | 4,186.5 | 4,123.7 | 4,061.4 | 3,937.2 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 4,031.7 | 4,230.0 | 3,976.2 | 3,730.6 | 3,985.4 | 3,945.8 | 3,787.2 | 4,047.2 | 3,687.7 | 3,743.6 |
| Goodwill | 15,622.4 | 14,750.7 | 14,511.2 | 14,378.5 | 14,062.4 | 13,923.2 | 13,995.8 | 14,065.0 | 8,747.2 | 8,741.2 |
| Intangible Assets | 7,081.4 | 6,979.9 | 6,967.6 | 6,999.9 | 7,150.6 | 7,095.8 | 7,166.8 | 7,445.1 | 4,530.4 | 4,538.6 |
| Long-Term Investments | 431.9 | 397.9 | 462.0 | 513.8 | 566.4 | 566.7 | 452.9 | 499.6 | 505.3 | 531.6 |
| Other Non-Current Assets | 441.9 | 363.0 | 358.3 | 377.5 | 322.6 | 153.9 | 522.0 | 443.4 | 280.6 | 220.1 |
| Total Non-Current Assets | 27,795.4 | 26,889.0 | 26,275.3 | 26,000.3 | 26,087.4 | 25,685.4 | 25,924.7 | 26,500.3 | 17,751.2 | 17,775.1 |
| Total Assets | 33,071.1 | 31,469.9 | 31,451.7 | 31,090.1 | 31,841.9 | 30,806.7 | 30,111.2 | 30,624.0 | 21,812.6 | 21,712.3 |
| Current Liabilities | ||||||||||
| Account Payables | 4,009.5 | 3,987.8 | 4,194.2 | 3,982.3 | 3,653.5 | 3,247.7 | 2,854.1 | 2,746.2 | 2,119.8 | 2,046.5 |
| Short-Term Debt | 2,205.4 | 1,625.9 | 1,740.8 | 2,485.6 | 2,825.1 | 2,610.5 | 2,865.2 | 3,149.9 | 1,838.8 | 1,373.2 |
| Deferred Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Current Liabilities | 414.3 | 298.5 | 396.8 | 388.6 | 480.0 | 317.5 | 375.4 | 370.9 | 381.6 | 384.6 |
| Total Current Liabilities | 7,857.3 | 7,033.1 | 7,535.7 | 8,019.9 | 8,265.8 | 7,491.5 | 7,087.1 | 7,341.9 | 5,330.8 | 5,014.7 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 12,673.2 | 11,304.2 | 9,965.1 | 9,134.8 | 9,786.9 | 10,929.0 | 11,624.8 | 12,668.7 | 7,642.9 | 7,057.7 |
| Deferred Tax Liabilities | 2,100.8 | 2,200.6 | 2,110.9 | 2,218.3 | 2,118.4 | 1,947.1 | 2,031.0 | 2,003.8 | 1,719.4 | 1,399.6 |
| Other Non-Current Liabilities | 925.8 | 1,000.7 | 883.0 | 680.8 | 1,009.5 | 1,268.0 | 1,448.9 | 1,341.0 | 1,523.1 | 2,087.6 |
| Total Non-Current Liabilities | 16,002.6 | 14,788.3 | 13,216.0 | 12,282.2 | 13,198.0 | 14,421.1 | 15,104.7 | 16,013.5 | 10,885.4 | 10,544.9 |
| Total Liabilities | 23,859.9 | 21,821.4 | 20,751.7 | 20,302.1 | 21,463.8 | 21,912.6 | 22,191.8 | 23,355.4 | 16,216.2 | 15,559.6 |
| Stockholders' Equity | ||||||||||
| Common Stock | 75.5 | 75.5 | 75.5 | 75.5 | 75.5 | 75.5 | 75.5 | 75.5 | 75.5 | 75.5 |
| Retained Earnings | 21,917.8 | 20,971.8 | 19,838.6 | 18,532.6 | 17,069.8 | 15,982.1 | 14,996.7 | 14,459.6 | 13,138.9 | 12,616.5 |
| Accumulated Other Comprehensive Income | (2,545.0) | (2,519.7) | (2,276.9) | (1,970.5) | (2,429.2) | (2,914.4) | (2,625.4) | (2,429.0) | (2,244.5) | (2,612.2) |
| Total Stockholders' Equity | 9,199.2 | 9,396.7 | 10,449.6 | 10,542.4 | 9,470.4 | 8,058.5 | 7,054.5 | 6,141.1 | 4,327.9 | 4,930.2 |
| Total Liabilities & Equity | 33,071.1 | 31,469.9 | 31,451.7 | 31,090.1 | 31,841.9 | 30,806.7 | 30,111.2 | 30,624.0 | 21,812.6 | 21,712.3 |
| Debt Metrics | ||||||||||
| Total Debt | 15,296.7 | 13,315.1 | 12,064.8 | 11,975.4 | 13,006.4 | 13,918.5 | 14,490.0 | 15,818.6 | 9,481.7 | 8,430.9 |
| Net Debt | 14,932.8 | 12,897.1 | 11,479.3 | 11,406.0 | 11,501.2 | 12,240.7 | 14,040.0 | 15,419.6 | 8,715.6 | 7,667.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 2,318.9 | 2,518.6 | 2,609.6 | 2,735.0 | 2,346.0 | 2,210.8 | 1,786.2 | 2,163.0 | 1,701.1 | 1,736.8 |
| Depreciation & Amortization | 539.0 | 552.7 | 546.6 | 570.3 | 601.3 | 594.7 | 620.1 | 618.8 | 603.6 | 608.1 |
| Stock-Based Compensation | 91.7 | 95.3 | 111.7 | 98.7 | 89.9 | 94.9 | 84.9 | 77.0 | 95.7 | 89.8 |
| Change in Working Capital | 192.4 | 10.6 | (48.9) | 277.4 | (155.9) | 793.9 | (7.5) | 542.1 | (194.2) | 298.5 |
| Other Non-Cash Items | (102.9) | 173.9 | (418.2) | (427.5) | (16.9) | 11.5 | 229.8 | (55.6) | 25.1 | (89.6) |
| Operating Cash Flow | 2,918.2 | 3,302.6 | 2,778.6 | 3,316.1 | 2,983.2 | 3,676.2 | 2,807.0 | 2,841.0 | 2,313.3 | 2,629.8 |
| Investing Activities | ||||||||||
| Capital Expenditure | (625.3) | (774.1) | (689.5) | (568.7) | (530.8) | (460.8) | (537.6) | (622.7) | (684.4) | (729.3) |
| Acquisitions | (1,164.2) | (454.6) | 349.4 | (1,111.8) | 18.4 | (48.0) | 26.5 | (8,053.1) | 20.8 | 808.4 |
| Purchases of Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Sales/Maturities of Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Investing Activities | (5.4) | 31.3 | (6.3) | (10.2) | (0.4) | 22.6 | (45.4) | (9.6) | 16.7 | 14.3 |
| Investing Cash Flow | (1,794.9) | (1,197.4) | (346.4) | (1,690.7) | (512.8) | (486.2) | (556.5) | (8,685.4) | (646.9) | 93.4 |
| Financing Activities | ||||||||||
| Net Debt Issuance | 1,722.0 | 1,143.2 | 133.4 | (385.8) | (960.8) | (917.2) | (1,221.0) | 6,277.4 | 1,034.5 | (781.7) |
| Stock Repurchased | (1,202.9) | (2,002.4) | (1,403.6) | (876.8) | (301.4) | (3.4) | (1.1) | (601.6) | (1,651.5) | (606.7) |
| Dividends Paid | (1,338.7) | (1,363.4) | (1,287.9) | (1,244.5) | (1,246.4) | (1,195.8) | (1,181.7) | (1,139.7) | (1,135.1) | (1,071.7) |
| Other Financing Activities | (360.5) | (49.7) | 154.0 | 3.9 | (206.9) | 174.9 | 227.4 | (60.5) | 4.7 | 40.1 |
| Financing Cash Flow | (1,180.1) | (2,272.3) | (2,404.1) | (2,503.2) | (2,715.5) | (1,941.5) | (2,176.4) | 5,445.5 | (1,645.5) | (2,285.6) |
| Cash Position | ||||||||||
| Net Change in Cash | (54.1) | (167.5) | 16.1 | (935.8) | (172.6) | 1,227.8 | 51.0 | (367.1) | 2.4 | 429.5 |
| Cash at Beginning | 418.0 | 585.5 | 569.4 | 1,505.2 | 1,677.8 | 450.0 | 399.0 | 766.1 | 763.7 | 334.2 |
| Cash at End | 363.9 | 418.0 | 585.5 | 569.4 | 1,505.2 | 1,677.8 | 450.0 | 399.0 | 766.1 | 763.7 |
| Free Cash Flow | 2,292.9 | 2,528.5 | 2,089.1 | 2,747.4 | 2,452.4 | 3,215.4 | 2,269.4 | 2,218.3 | 1,730.8 | 2,034.9 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 19,486.6 | 19,857.2 | 20,094.2 | 18,992.8 | 18,127.0 | 17,626.6 | 16,865.2 | 15,740.4 | 15,619.8 | 16,563.1 |
| Gross Profit | 6,733.0 | 6,932.1 | 6,545.8 | 6,402.2 | 6,448.3 | 6,129.9 | 5,756.8 | 5,435.6 | 5,567.8 | 5,829.5 |
| Operating Income | 3,304.8 | 3,431.7 | 3,433.8 | 3,475.8 | 3,144.8 | 2,953.9 | 2,515.9 | 2,419.9 | 2,492.1 | 2,707.4 |
| Net Income | 2,295.2 | 2,496.6 | 2,593.9 | 2,707.3 | 2,339.8 | 2,181.2 | 1,752.7 | 2,131.0 | 1,657.5 | 1,697.4 |
| EPS (Diluted) | 4.10 | 4.31 | 4.31 | 4.42 | 3.78 | 3.56 | 2.90 | 3.64 | 2.77 | 2.77 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 363.9 | 418.0 | 585.5 | 569.4 | 1,505.2 | 1,677.8 | 450.0 | 399.0 | 766.1 | 763.7 |
| Total Assets | 33,071.1 | 31,469.9 | 31,451.7 | 31,090.1 | 31,841.9 | 30,806.7 | 30,111.2 | 30,624.0 | 21,812.6 | 21,712.3 |
| Total Debt | 15,296.7 | 13,315.1 | 12,064.8 | 11,975.4 | 13,006.4 | 13,918.5 | 14,490.0 | 15,818.6 | 9,481.7 | 8,430.9 |
| Stockholders' Equity | 9,199.2 | 9,396.7 | 10,449.6 | 10,542.4 | 9,470.4 | 8,058.5 | 7,054.5 | 6,141.1 | 4,327.9 | 4,930.2 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 2,918.2 | 3,302.6 | 2,778.6 | 3,316.1 | 2,983.2 | 3,676.2 | 2,807.0 | 2,841.0 | 2,313.3 | 2,629.8 |
| Capital Expenditure | (625.3) | (774.1) | (689.5) | (568.7) | (530.8) | (460.8) | (537.6) | (622.7) | (684.4) | (729.3) |
| Free Cash Flow | 2,292.9 | 2,528.5 | 2,089.1 | 2,747.4 | 2,452.4 | 3,215.4 | 2,269.4 | 2,218.3 | 1,730.8 | 2,034.9 |