General Mills, Inc. (GIS) Quarterly Income Statement

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General Mills, Inc. (GIS) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

GIS Income Statement

General Mills, Inc. (GIS) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22

Sales/Revenue	4.39B	4.61B	4.44B	4.86B	4.52B	4.56B	4.84B	5.24B	4.85B	4.71B	5.1B	5.14B	4.9B	5.03B	5.13B	5.22B	4.72B	4.89B	4.54B	5.02B
Revenue Growth %	-2.83%	1.17%	-8.37%	-7.24%	-6.82%	-3.35%	-5.04%	1.96%	-1.15%	-6.28%	-0.52%	-1.56%	3.97%	2.84%	12.96%	3.92%	3.91%	8.13%	0.39%	6.45%
Cost of Goods Sold	2.9B	3.01B	3.07B	3.17B	2.98B	3.08B	3.2B	3.31B	3.16B	3.03B	3.39B	3.37B	3.13B	3.3B	3.46B	3.52B	3.27B	3.12B	3.13B	3.39B
COGS % of Revenue	66.12%	65.21%	69.19%	65.18%	66.07%	67.65%	66.15%	63.15%	65.17%	64.18%	66.52%	65.64%	63.9%	65.64%	67.52%	67.34%	69.31%	63.81%	69.07%	67.53%
Gross Profit	1.49B	1.6B	1.37B	1.69B	1.53B	1.47B	1.64B	1.93B	1.69B	1.69B	1.71B	1.77B	1.77B	1.73B	1.66B	1.71B	1.45B	1.77B	1.4B	1.63B
Gross Margin %	33.88%	34.79%	30.81%	34.82%	33.93%	32.35%	33.85%	36.85%	34.83%	35.82%	33.48%	34.36%	36.1%	34.36%	32.48%	32.66%	30.69%	36.19%	30.93%	32.47%
Gross Profit Growth %	-2.97%	8.79%	-16.61%	-12.36%	-9.24%	-12.69%	-4%	9.35%	-4.61%	-2.31%	2.56%	3.57%	22.3%	-2.36%	18.6%	4.53%	-9.37%	11.81%	-9.67%	-5.22%
Operating Expenses	853.6M	3.7B	842.3M	964.5M	-193M	970M	747.7M	853.2M	857.3M	909.1M	796.7M	954.1M	840.5M	910M	934.6M	905.3M	362.1M	753.8M	588.4M	831.1M
OpEx % of Revenue	19.45%	80.18%	18.98%	19.84%	-4.27%	21.29%	15.44%	16.28%	17.68%	19.29%	15.62%	18.56%	17.14%	18.09%	18.23%	17.34%	7.68%	15.41%	12.97%	16.54%
Selling, General & Admin	832.2M	888.1M	812.9M	842.4M	845.1M	894.3M	844.4M	852M	855.1M	798.3M	790.9M	830.5M	839.3M	867.9M	946.9M	894.2M	791.4M	809.4M	751.4M	828.8M
SG&A % of Revenue	18.96%	19.27%	18.32%	17.33%	18.71%	19.63%	17.44%	16.26%	17.64%	16.93%	15.51%	16.16%	17.11%	17.25%	18.47%	17.13%	16.78%	16.55%	16.56%	16.5%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	1000K	1000K	1000K	-1000K	1000K	-1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	-1000K	1000K	-1000K	-1000K	-1000K	1000K
Operating Income	633.6M	-2.09B	524.6M	728M	1.73B	504M	891.4M	1.08B	831.5M	779.2M	910.7M	811.8M	930M	818.2M	730.2M	799.8M	1.09B	1.02B	815.3M	800.1M
Operating Margin %	14.43%	-45.4%	11.82%	14.98%	38.2%	11.06%	18.41%	20.57%	17.15%	16.53%	17.86%	15.8%	18.96%	16.27%	14.25%	15.32%	23.01%	20.77%	17.97%	15.93%
Operating Income Growth %	-63.29%	-515.2%	-41.15%	-32.46%	107.55%	-35.32%	-2.12%	32.78%	-10.59%	-4.77%	24.72%	1.5%	-14.33%	-19.48%	-10.44%	-0.04%	28.58%	85.45%	-1.37%	-12.71%
EBITDA	773.4M	-1.95B	664M	866M	1.86B	639.6M	1.03B	1.21B	971.1M	919.7M	1.06B	940.4M	1.07B	953.8M	867.3M	939.4M	1.22B	1.16B	959M	941.2M
EBITDA Margin %	17.62%	-42.38%	14.97%	17.82%	41.27%	14.04%	21.18%	23.04%	20.03%	19.51%	20.73%	18.3%	21.76%	18.96%	16.92%	17.99%	25.86%	23.63%	21.13%	18.73%
EBITDA Growth %	-58.52%	-405.43%	-35.26%	-28.28%	92%	-30.46%	-2.97%	28.39%	-9%	-3.58%	21.88%	0.11%	-12.52%	-17.48%	-9.56%	-0.19%	23.21%	66.37%	-2.74%	-11.67%
D&A (Non-Cash Add-back)	139.8M	139.1M	139.4M	138M	138.7M	135.6M	134.3M	129.5M	139.6M	140.5M	146.4M	128.6M	137.2M	135.6M	137.1M	139.6M	134.3M	139.7M	143.7M	141.1M
EBIT	663.1M	715.4M	554M	850.1M	687.7M	676.3M	794.7M	1.08B	833.7M	743.2M	916.5M	935.4M	931.2M	1.35B	717.9M	810.9M	656.3M	1.3B	652.3M	802.4M
Net Interest Income	-142.2M	-151.5M	-128.4M	-125.9M	-132.8M	-139.7M	-136.3M	-124.6M	-123.6M	-122.7M	-122M	-121.2M	-118.3M	-104.6M	-75.2M	-89.7M	-89.6M	-104.5M	-109.6M	-80.6M
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	142.2M	151.5M	128.4M	125.9M	132.8M	139.7M	136.3M	124.6M	123.6M	122.7M	122M	121.2M	118.3M	104.6M	75.2M	89.7M	89.6M	104.5M	109.6M	80.6M
Other Income/Expense	-112.7M	-156.9M	-119.2M	-169.8M	-110.9M	-132.9M	-108M	-80.8M	-90.5M	-83.5M	-85.1M	-73.5M	-76.5M	-57.4M	-64M	-44.4M	-46.2M	-55.8M	-29.5M	-32M
Pretax Income	520.9M	-2.25B	405.4M	558.2M	1.61B	371.1M	783.4M	997.1M	741M	695.7M	825.6M	738.3M	853.5M	760.8M	666.2M	755.4M	1.04B	960.3M	785.8M	768.1M
Pretax Margin %	11.87%	-48.8%	9.14%	11.48%	35.75%	8.14%	16.18%	19.03%	15.28%	14.76%	16.19%	14.37%	17.4%	15.13%	13%	14.47%	22.03%	19.63%	17.32%	15.29%
Income Tax	122.8M	-240.4M	99.9M	143.9M	410.9M	69.1M	152.4M	194.8M	157.4M	136M	149.3M	136M	173.2M	140.7M	108.3M	147.1M	216.1M	134.5M	123.2M	159.7M
Effective Tax Rate %	23.57%	10.69%	24.64%	25.78%	25.44%	18.62%	19.45%	19.54%	21.24%	19.55%	18.08%	18.42%	20.29%	18.49%	16.26%	19.47%	20.79%	14.01%	15.68%	20.79%
Net Income	397M	-2.01B	303.1M	413M	1.2B	294M	625.6M	795.7M	579.9M	557.5M	670.1M	595.5M	673.5M	614.9M	553.1M	605.9M	820M	822.8M	660.3M	597.2M
Net Margin %	9.04%	-43.56%	6.83%	8.5%	26.66%	6.45%	12.92%	15.18%	11.96%	11.83%	13.14%	11.59%	13.73%	12.22%	10.79%	11.61%	17.38%	16.82%	14.55%	11.89%
Net Income Growth %	-67.03%	-782.96%	-51.55%	-48.1%	107.66%	-47.26%	-6.64%	33.62%	-13.9%	-9.33%	21.15%	-1.72%	-17.87%	-25.27%	-16.23%	1.46%	30.78%	97.41%	10.84%	-13.25%
Net Income (Continuing)	398.1M	-2.01B	305.5M	414.3M	1.2B	302M	631M	802.3M	583.6M	559.7M	676.3M	602.3M	680.3M	620.1M	557.9M	608.3M	823.3M	825.8M	662.6M	608.4M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	13.4M	12.2M	13.7M	12.4M	12.3M	12M	249.4M	248.5M	251M	251.8M	254.5M	253.1M	253M	250.4M	249.2M	250.9M	250.8M	245.6M	262.8M	841.8M
EPS (Diluted)	0.74	-3.74	0.56	0.78	2.22	0.52	1.12	1.42	1.03	0.98	1.17	1.02	1.14	1.03	0.92	1.01	1.35	1.35	1.08	0.97
EPS Growth %	-66.67%	-819.23%	-50%	-45.07%	115.53%	-46.94%	-4.27%	39.22%	-9.65%	-4.85%	27.17%	0.99%	-15.56%	-23.7%	-14.81%	4.12%	32.35%	101.49%	12.5%	-12.61%
EPS (Basic)	0.74	-3.74	0.57	0.78	2.22	0.52	1.13	1.43	1.03	0.98	1.18	1.03	1.15	1.04	0.94	1.01	1.37	1.36	1.09	0.98
Diluted Shares Outstanding	537.9M	536.9M	541M	529M	542.5M	550.4M	555M	560.4M	563.8M	570.4M	572.8M	583.4M	591.4M	597.7M	599M	602M	606M	610.6M	612.4M	613M
Basic Shares Outstanding	537.4M	536.9M	532M	529M	541.3M	548.2M	552.6M	556.9M	560.5M	566.2M	569.5M	580.1M	586.3M	590.8M	592.5M	595.9M	600.2M	604.9M	606.8M	608.6M
Dividend Payout Ratio	83.25%	-	108.35%	79.39%	27.48%	112.35%	53.16%	42.48%	58.25%	60.16%	50.29%	57.51%	51.74%	52.12%	57.77%	53.29%	39.63%	62.03%	47.08%	52.06%