GIS
Income statement / Annual
Last year (2024), General Mills, Inc.'s total revenue was $19.86 B,
a decrease of 1.18% from the previous year.
In 2024, General Mills, Inc.'s net income was $2.50 B.
See General Mills, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
05/26/2024 |
05/28/2023 |
05/29/2022 |
05/30/2021 |
05/31/2020 |
05/26/2019 |
05/27/2018 |
05/28/2017 |
05/29/2016 |
05/31/2015 |
| Operating Revenue |
$19.86 B |
$20.09 B |
$18.99 B |
$18.13 B |
$17.63 B |
$16.87 B |
$15.74 B |
$15.62 B |
$16.56 B |
$17.63 B |
| Cost of Revenue |
$12.91 B
|
$13.55 B
|
$12.59 B
|
$11.68 B
|
$11.50 B
|
$11.11 B
|
$10.31 B
|
$10.06 B
|
$10.73 B
|
$11.68 B
|
| Gross Profit |
$6.95 B
|
$6.55 B
|
$6.40 B
|
$6.45 B
|
$6.13 B
|
$5.76 B
|
$5.43 B
|
$5.56 B
|
$5.83 B
|
$5.95 B
|
| Gross Profit Ratio |
0.35
|
0.33
|
0.34
|
0.36
|
0.35
|
0.34
|
0.34
|
0.36
|
0.35
|
0.34
|
| Research and Development Expenses |
$257.80 M
|
$257.60 M
|
$243.10 M
|
$239.30 M
|
$224.40 M
|
$221.90 M
|
$219.10 M
|
$218.20 M
|
$222.10 M
|
$229.40 M
|
| General & Administrative Expenses |
$2.16 B
|
$2.69 B
|
$2.46 B
|
$2.34 B
|
$2.46 B
|
$2.33 B
|
$2.18 B
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$824.60 M
|
$810.00 M
|
$690.10 M
|
$736.30 M
|
$691.80 M
|
$601.60 M
|
$575.90 M
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$3.26 B
|
$3.50 B
|
$3.15 B
|
$3.08 B
|
$3.15 B
|
$2.94 B
|
$2.75 B
|
$2.80 B
|
$3.12 B
|
$3.33 B
|
| Other Expenses |
$0.00
|
$88.80 M
|
$113.40 M
|
$132.90 M
|
$112.80 M
|
$87.90 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$3.50 B
|
$3.50 B
|
$3.15 B
|
$3.08 B
|
$3.15 B
|
$2.94 B
|
$2.75 B
|
$2.80 B
|
$3.12 B
|
$3.33 B
|
| Cost And Expenses |
$16.43 B
|
$17.05 B
|
$15.74 B
|
$14.76 B
|
$14.65 B
|
$14.04 B
|
$13.07 B
|
$12.86 B
|
$13.85 B
|
$15.01 B
|
| Interest Income |
$18.80 M
|
$14.00 M
|
$3.80 M
|
$7.40 M
|
$6.00 M
|
$5.60 M
|
$11.70 M
|
$7.00 M
|
$8.10 M
|
$13.20 M
|
| Interest Expense |
$498.00 M
|
$396.10 M
|
$383.40 M
|
$427.70 M
|
$472.50 M
|
$527.40 M
|
$385.40 M
|
$302.10 M
|
$311.90 M
|
$328.60 M
|
| Depreciation & Amortization |
$552.70 M
|
$546.60 M
|
$570.30 M
|
$601.30 M
|
$594.70 M
|
$620.10 M
|
$618.80 M
|
$603.60 M
|
$608.10 M
|
$588.30 M
|
| EBITDA |
$4.08 B |
$4.08 B |
$4.16 B |
$3.88 B |
$3.66 B |
$3.22 B |
$3.15 B |
$3.18 B |
$3.31 B |
$2.67 B |
| EBITDA Ratio |
0.21
|
0.16
|
0.19
|
0.23
|
0.2
|
0.22
|
0.22
|
0.23
|
0.2
|
0.21
|
| Operating Income Ratio |
0.17
|
0.13
|
0.18
|
0.17
|
0.17
|
0.15
|
0.16
|
0.16
|
0.16
|
0.12
|
| Total Other Income/Expenses Net |
-$403.40 M
|
-$6.80 M
|
-$266.20 M
|
-$287.40 M
|
-$353.70 M
|
-$838.10 M
|
-$564.60 M
|
-$295.10 M
|
-$303.80 M
|
-$315.40 M
|
| Income Before Tax |
$3.03 B
|
$3.14 B
|
$3.21 B
|
$2.86 B
|
$2.60 B
|
$2.08 B
|
$2.14 B
|
$2.27 B
|
$2.40 B
|
$1.76 B
|
| Income Before Tax Ratio |
0.15
|
0.16
|
0.17
|
0.16
|
0.15
|
0.12
|
0.14
|
0.15
|
0.15
|
0.1
|
| Income Tax Expense |
$594.50 M
|
$612.20 M
|
$586.30 M
|
$629.10 M
|
$480.50 M
|
$367.80 M
|
$57.30 M
|
$655.20 M
|
$755.20 M
|
$586.80 M
|
| Net Income |
$2.50 B
|
$2.59 B
|
$2.71 B
|
$2.34 B
|
$2.18 B
|
$1.75 B
|
$2.13 B
|
$1.66 B
|
$1.70 B
|
$1.22 B
|
| Net Income Ratio |
0.13
|
0.13
|
0.14
|
0.13
|
0.12
|
0.1
|
0.14
|
0.11
|
0.1
|
0.07
|
| EPS |
4.34 |
4.36 |
4.46 |
3.81 |
3.59 |
2.92 |
3.69 |
2.82 |
2.83 |
2.02 |
| EPS Diluted |
4.31 |
4.31 |
4.42 |
3.78 |
3.56 |
2.9 |
3.64 |
2.77 |
2.77 |
1.97 |
| Weighted Average Shares Out |
$575.50 M
|
$594.80 M
|
$607.50 M
|
$614.10 M
|
$608.10 M
|
$600.40 M
|
$576.80 M
|
$587.10 M
|
$598.40 M
|
$599.90 M
|
| Weighted Average Shares Out Diluted |
$579.50 M
|
$601.20 M
|
$612.60 M
|
$619.10 M
|
$613.30 M
|
$605.40 M
|
$585.70 M
|
$598.00 M
|
$611.20 M
|
$614.90 M
|
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