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General Mills Inc Stock Research

GIS

84.18USD-0.33(-0.39%)Market Closed

Market Summary

USD84.18-0.33
Market Closed
-0.39%

GIS Alerts

GIS Stock Price

GIS RSI Chart

GIS Valuation

Market Cap

47.8B

Price/Earnings (Trailing)

16.42

Price/Sales (Trailing)

2.47

EV/EBITDA

10.77

Price/Free Cashflow

19.51

GIS Price/Sales (Trailing)

GIS Profitability

EBT Margin

17.79%

Return on Equity

28.74%

Return on Assets

9.29%

Free Cashflow Yield

5.13%

GIS Fundamentals

GIS Revenue

Revenue (TTM)

20.0B

Revenue Y/Y

12.96%

Revenue Q/Q

-1.82%

GIS Earnings

Earnings (TTM)

2.8B

Earnings Y/Y

-16.24%

Earnings Q/Q

-8.71%

Price Action

52 Week Range

64.0390.89
(Low)(High)

Last 7 days

-3.9%

Last 30 days

-4.2%

Last 90 days

4.4%

Trailing 12 Months

22.9%

GIS Financial Health

Current Ratio

0.58

Debt/Equity

0.84

Debt/Cashflow

0.37

GIS Investor Care

Dividend Yield

2.57%

Dividend/Share (TTM)

2.16

Buy Backs (1Y)

2.01%

Diluted EPS (TTM)

4.63

Peers (Alternatives to General Mills)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
47.8B
20.0B
-4.21% 22.91%
16.42
2.47
7.14% 21.75%
40.0B
102.0B
-5.58% -16.45%
8.98
0.39
13.30% 44.96%
23.1B
15.7B
-1.15% -2.35%
24.02
1.51
10.00% -45.78%
21.0B
12.4B
-3.44% -19.67%
21.49
1.7
3.48% 5.62%
15.8B
4.8B
-0.73% 67.36%
29.07
3.28
21.64% 131.27%
MID-CAP
6.9B
8.2B
3.44% 16.26%
14.01
0.87
14.21% 12.17%
5.4B
17.4B
5.35% -31.00%
11.39
0.31
10.47% 122.83%
3.0B
630.7M
-6.91% -5.65%
-45.27
4.79
35.85% -83.58%
5.0B
6.1B
-4.70% 4.80%
5.78
0.83
18.23% 1243.59%
SMALL-CAP
113.5M
263.4M
-1.65% 2.59%
2.48
0.43
5.45% 786.05%
105.4M
145.4M
1.67% 15.53%
39.78
0.72
17.44% 138.65%
39.3M
-
17.94% -22.14%
-1.52
0.88
18.50% -164.64%
32.5M
33.1M
-3.34% -21.30%
-9.01
0.98
2.77% -346.02%
4.9M
41.6M
-25.16% 16.75%
-0.63
0.12
33.68% 12.19%

Financials for General Mills

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue3.0%19,95519,36719,17118,99318,625
  S&GA Expenses6.0%3,4423,2463,1813,1473,161
  R&D Expenses-243----
EBITDA-0.2%4,3744,3814,1603,703-
EBITDA Margin-1.2%0.23*0.23*0.22*0.20*-
Earnings Before Taxes-3.0%3,3443,4463,4513,2102,748
EBT Margin-1.2%0.18*0.18*0.17*0.15*-
Interest Expenses3.2%382370371380378
Net Income-3.7%2,8022,9092,9002,7072,301
Net Income Margin-0.7%0.15*0.15*0.14*0.12*-
Free Cahsflow-11.9%2,4482,7802,7472,468-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-0.4%31,20031,32031,10731,09031,144
  Current Assets-4.0%5,1165,3315,1345,0905,029
    Cash Equivalents-3.9%619644594569844
  Inventory-1.8%2,0832,1212,0901,8671,710
  Net PPE-0.1%3,3543,3583,3593,3943,288
  Goodwill0.1%14,48814,47615414,37914,547
Liabilities-1.1%20,71620,94820,28220,30221,068
  Current Liabilities2.3%9,4189,2088,5968,0206,839
.    Short Term Borrowings-16.8%9601,153992811724
  Long Term Debt-9,135----
    LT Debt, Current26.6%2,4871,9642,0951,674601
    LT Debt, Non Current-5.6%8,1408,6238,4759,13510,945
Shareholder's Equity-1.3%10,23510,37210,82610,54210,076
  Retained Earnings1.2%19,22718,99219,02818,53317,713
  Additional Paid-In Capital3.1%1,1911,1551,1461,1831,162
Shares Outstanding-0.6%594597602--
Minority Interest-0.7%249251251246263
Float-37,857----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations3.2%3,1153,0193,3353,3163,003
  Share Based Compensation-3.0%10510810599.00101
Cashflow From Investing-38.6%-235-169-127-1,690-1,642
Cashflow From Financing7.4%-3,061-3,306-3,307-2,503-3,260
  Dividend Payments0.7%1,2781,2691,2571,2451,248
  Buy Backs5.4%1,4791,4031,228877851

Risks for GIS

What is the probability of a big loss on GIS?

24.6%


Probability that General Mills stock will be more than 20% underwater in next one year

3.9%


Probability that General Mills stock will be more than 30% underwater in next one year.

0%


Probability that General Mills stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GIS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if General Mills was unfortunately bought at previous high price.

Drawdowns

Returns for GIS

Cumulative Returns on GIS

9.0%


10-Year Cumulative Returns

7.7%


7-Year Cumulative Returns

18.3%


5-Year Cumulative Returns

15.0%


3-Year Cumulative Returns

What are the long-term rolling returns for GIS?

FIve years rolling returns for General Mills.

Annualized Returns

Which funds bought or sold GIS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-24
Old North State Trust, LLC
added
1.7
5,000
133,000
0.09%
2023-05-24
Verity Asset Management, Inc.
reduced
-7.9
-13,148
201,173
0.12%
2023-05-23
MOUNTAIN PACIFIC INVESTMENT ADVISERS INC/ID
unchanged
-
6,197
328,936
0.02%
2023-05-23
Front Row Advisors LLC
unchanged
-
4,000
211,000
0.10%
2023-05-23
Brookfield Corp /ON/
new
-
227,836
227,836
-%
2023-05-23
Toroso Investments, LLC
added
121
5,194,000
9,320,000
0.16%
2023-05-22
AMERIPRISE FINANCIAL INC
added
1.93
9,786,360
254,865,000
0.08%
2023-05-22
Raleigh Capital Management Inc.
added
10.66
2,877
25,706
0.01%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
348,000
0.01%
2023-05-22
Arete Wealth Advisors, LLC
reduced
-1.19
-950,038,000
958,000
0.08%

1–10 of 47

Latest Funds Activity

Are funds buying GIS calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own GIS
No. of Funds

General Mills News

MarketBeat
Amalgamated Bank Sells 2130 Shares of General Mills, Inc. (NYSE ....
MarketBeat,
33 hours ago
Nasdaq

Schedule 13G FIlings of General Mills

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
5.7%
33,757,184
SC 13G/A
Feb 09, 2023
vanguard group inc
8.82%
52,009,379
SC 13G/A
Feb 07, 2023
blackrock inc.
9.6%
56,455,475
SC 13G/A
Feb 06, 2023
state street corp
5.75%
33,918,919
SC 13G/A
Feb 14, 2022
state street corp
5.71%
34,440,202
SC 13G/A
Feb 11, 2022
capital international investors
5.7%
34,455,334
SC 13G
Feb 10, 2022
vanguard group inc
8.41%
50,732,057
SC 13G/A
Feb 01, 2022
blackrock inc.
7.5%
45,390,320
SC 13G/A
Feb 12, 2021
state street corp
5.54%
33,903,570
SC 13G
Feb 10, 2021
vanguard group inc
8.32%
50,879,404
SC 13G/A

GIS Fair Value

Recent SEC filings of General Mills

View All Filings
Date Filed Form Type Document
May 19, 2023
4
Insider Trading
May 18, 2023
144
Notice of Insider Sale Intent
May 18, 2023
4
Insider Trading
May 17, 2023
144/A
144/A
May 16, 2023
144
Notice of Insider Sale Intent
May 16, 2023
4
Insider Trading
May 09, 2023
4
Insider Trading
May 05, 2023
144
Notice of Insider Sale Intent
May 05, 2023
8-K
Current Report
Apr 28, 2023
25-NSE
25-NSE

Latest Insider Trading transactions for GIS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-17
Cordani David
sold
-776,847
89.5501
-8,675
-
2023-05-16
Pallot Mark A
sold
-368,591
90.3188
-4,081
chief accounting officer
2023-05-12
Benson Jodi J
sold
-272,600
90.595
-3,009
chief innovation officer
2023-05-05
Williams-Roll Jacqueline
sold
-1,656,800
89.4745
-18,517
chief human resources officer
2023-05-05
Williams-Roll Jacqueline
acquired
994,363
53.7
18,517
chief human resources officer
2023-04-04
Quam Bethany C.
acquired
662,798
51.5997
12,845
group president, pet
2023-04-04
Quam Bethany C.
sold
-1,866,050
85.8587
-21,734
group president, pet
2023-03-29
Nudi Jonathon
sold
-685,190
85.3288
-8,030
group president
2023-03-29
Nudi Jonathon
acquired
431,211
53.7
8,030
group president
2023-02-26
HENRY MARIA
acquired
28,740
80.28
358
-

1–10 of 50

Jeffrey L. Harmening
35000
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also supplies branded and unbranded food products to the North American foodservice and commercial baking industries; and manufactures and markets pet food products, including dog and cat food. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.

GIS Income Statement

2023-02-26
Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Feb. 26, 2023
Feb. 27, 2022
Feb. 26, 2023
Feb. 27, 2022
CONSOLIDATED STATEMENTS OF EARNINGS [ABSTRACT]    
Net sales$ 5,125.9$ 4,537.7$ 15,064.2$ 14,101.6
Cost of sales3,461.13,134.010,246.69,469.3
Selling, general, and administrative expenses946.9751.42,632.52,337.6
Divestitures gain, net(13.7)(170.1)(444.6)(170.1)
Restructuring, impairment, and other exit costs1.47.114.15.1
Operating profit730.2815.32,615.62,459.7
Benefit plan non-service income(21.6)(27.1)(65.0)(84.4)
Interest, net98.386.5277.5275.1
Earnings before income taxes and after-tax earnings from joint ventures653.5755.92,403.12,269.0
Income taxes108.3123.2471.5451.8
After-tax earnings from joint ventures12.729.957.992.0
Net earnings, including earnings attributable to redeemable and noncontrolling interests557.9662.61,989.51,909.2
Net earnings attributable to redeemable and noncontrolling interests4.82.310.524.7
Net earnings attributable to General Mills$ 553.1$ 660.3$ 1,979.0$ 1,884.5
Earnings per share - basic$ 0.94$ 1.09$ 3.32$ 3.10
Earnings per share - diluted$ 0.92$ 1.08$ 3.28$ 3.07

GIS Balance Sheet

2023-02-26
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Feb. 26, 2023
May 29, 2022
Current assets:  
Cash and cash equivalents$ 618.7$ 569.4
Receivables1,770.21,692.1
Inventories2,083.31,867.3
Prepaid expenses and other current assets643.8802.1
Assets held for sale0.0158.9
Total current assets5,116.05,089.8
Land, buildings, and equipment3,353.63,393.8
Goodwill14,487.814,378.5
Other intangible assets6,968.06,999.9
Other assets1,274.41,228.1
Total assets31,199.831,090.1
Current liabilities:  
Accounts payable3,868.23,982.3
Current portion of long-term debt2,487.21,674.2
Notes payable959.8811.4
Other current liabilities2,103.11,552.0
Total current liabilities9,418.38,019.9
Long-term debt8,140.29,134.8
Deferred income taxes2,151.62,218.3
Other liabilities1,006.0929.1
Total liabilities20,716.120,302.1
Stockholders' equity:  
Common stock, 754.6 shares issued, $0.10 par value75.575.5
Additional paid-in capital1,191.11,182.9
Retained earnings19,226.518,532.6
Common stock in treasury, at cost, shares of 166.2 and 155.7(8,220.1)(7,278.1)
Accumulated other comprehensive loss(2,038.5)(1,970.5)
Total stockholders' equity10,234.510,542.4
Noncontrolling interests249.2245.6
Total equity10,483.710,788.0
Total liabilities and equity$ 31,199.8$ 31,090.1