RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

General Mills Net Income 2024

General Mills Net Income

2.57 B USD

General Mills Dividend yield

4.28 %

Ticker

GIS

ISIN

US3703341046

WKN

853862

In 2024, General Mills's profit amounted to 2.57 B USD, a -0.96% increase from the 2.59 B USD profit recorded in the previous year.

The General Mills Net Income history

YEARNET INCOME (undefined USD)
2029e3.56
2028e3.19
2027e2.88
2027e3
2026e2.86
2026e2.82
2025e2.67
2024e2.57
20232.59
20222.71
20212.34
20202.18
20191.75
20182.13
20171.66
20161.7
20151.22
20141.82
20131.86
20121.57
20111.8
20101.53
20091.3
20081.3
20071.14
20061.09
20051.24
20041.06

General Mills Aktienanalyse

What does General Mills do?

General Mills Inc is an American food company specializing in the production and distribution of food. It was founded in 1866 by Cadwallader C. Washburn, who established the Washburn-Crosby Company. In 1928, Washburn-Crosby merged with 26 other grain mill companies to form General Mills. The company is headquartered in Minneapolis, Minnesota and has been a significant player in the food product market for many years. General Mills has primarily focused on the production of breakfast cereals, snacks, and baked goods in recent decades and also operates the well-known yogurt company Yoplait. General Mills' business model is based on developing products that meet the needs and desires of customers. The company places great importance on the high quality of ingredients and the use of sustainable methods in production. Today, the company is divided into various divisions including baked goods, cereal products, yogurt, and snack products. Each division offers a variety of products tailored to the needs of customers in different regions and markets. Some of General Mills' most famous brands include Cheerios, Lucky Charms, Nature Valley, Pillsbury, Old El Paso, and Betty Crocker. These brands are well-known and popular worldwide, ensuring General Mills maintains a leading position in many markets. Cheerios is one of General Mills' most well-known brands. The breakfast cereal was first introduced in 1941 and has since become a crucial part of the American breakfast. Cheerios are available in many different varieties, including Honey Nut Cheerios, Chocolate Cheerios, and Multi-Grain Cheerios. Pillsbury is another significant brand of General Mills, known primarily for its baked goods such as cookies, rolls, and dough. Pillsbury's product range also includes dishes like pizza and frozen cakes. Nature Valley is a brand of snack products produced by General Mills. The brand is known for its granola bars made from natural ingredients. The bars are available in many different varieties, some of which are gluten-free or free of artificial sweeteners. General Mills also has a wide range of yogurt products under the Yoplait brand. Yoplait yogurt is available in many different flavors, including some specifically tailored to the needs of children. In summary, General Mills is a leading manufacturer of food products. The company offers a wide range of products tailored to the needs of customers in various regions and markets. General Mills emphasizes quality and sustainability in the production of its products, and it is a significant player in the food product market in many areas. General Mills ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding General Mills's Profit Margins

The profit margins of General Mills represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of General Mills's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating General Mills's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

General Mills's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When General Mills’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about General Mills Stock

How much profit has General Mills made this year?

General Mills has made 2.57 B USD this year.

How has the profit developed compared to last year?

The profit has increased by -0.96% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does General Mills publish its earnings?

General Mills publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of General Mills?

The profits of General Mills are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of General Mills?

You can learn more about the earnings of General Mills by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does General Mills pay?

Over the past 12 months, General Mills paid a dividend of 2.85 USD . This corresponds to a dividend yield of about 4.28 %. For the coming 12 months, General Mills is expected to pay a dividend of 3.21 USD.

What is the dividend yield of General Mills?

The current dividend yield of General Mills is 4.28 %.

When does General Mills pay dividends?

General Mills pays a quarterly dividend. This is distributed in the months of December, December, March, May.

How secure is the dividend of General Mills?

General Mills paid dividends every year for the past 28 years.

What is the dividend of General Mills?

For the upcoming 12 months, dividends amounting to 3.21 USD are expected. This corresponds to a dividend yield of 4.82 %.

In which sector is General Mills located?

General Mills is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von General Mills kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of General Mills from 5/1/2024 amounting to 0.59 USD, you needed to have the stock in your portfolio before the ex-date on 4/9/2024.

When did General Mills pay the last dividend?

The last dividend was paid out on 5/1/2024.

What was the dividend of General Mills in the year 2023?

In the year 2023, General Mills distributed 2.1 USD as dividends.

In which currency does General Mills pay out the dividend?

The dividends of General Mills are distributed in USD.

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Andere Kennzahlen von General Mills

Our stock analysis for General Mills Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of General Mills Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.