General Mills Revenue, Profits - GIS Annual Income Statement

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$44.98 $0.25 (0.56%) GIS stock closing price Jun 19, 2018 (Closing)

Financial analysis of General Mills involves more than just checking the General Mills stock price, by looking at the financial statements of the company in detail. The income statement is a summary of the revenue or sales, expenses and profitability - shown as Net Income, or lack of it. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has decreased from 16.56B to 15.62B and how operating and non operating activities have impacted the GIS stock. Revenue for year 2017 is $15.62B and has decreased from $16.56B year on year as is evident when you compare the latest figures in the latest General Mills profit and loss statement with those of the prior corresponding period. Also see General Mills assets and General Mills free cash flow for a complete valuation of GIS stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jun - May2017201620152014201320122011201020092008
General Mills Revenues or Net Sales
15.62B16.56B17.63B17.91B17.77B16.66B14.88B14.8B14.69B13.65B
Cost Of Goods Sold (COGS)10.06B10.73B11.68B11.54B11.35B10.61B8.93B8.92B9.46B8.78B
General Mills Gross Profit
5.56B5.83B5.95B6.37B6.42B6.04B5.95B5.87B5.23B4.87B
Research & Development Expense----------
Selling General & Admin Expense3B3.12B3.87B3.41B3.57B3.48B3.18B3.27B2.91B2.63B
Income Before Depreciation Depletion Amortization2.57B2.71B2.08B2.96B2.85B2.56B2.77B2.61B2.32B2.25B
Depreciation Depletion Amortization----------
Non Operating Income----------21M
Interest Expense295.1M303.8M315.4M302.4M316.9M351.9M346.3M401.6M390M421.7M
General Mills Pretax Income
2.27B2.4B1.76B2.66B2.53B2.21B2.43B2.2B1.93B1.81B
Provision for Income Taxes655.2M755.2M586.8M883.3M741.2M709.6M721.1M771.2M720.4M622.2M
MinorityInterest43.6M39.4M38.1M36.9M37.3M21.8M5.2M4.5M--
Investment Gains Losses85M88.4M84.3M89.6M98.8M88.2M96.4M101.7M91.9M-
Other Income---------110.8M
Income Before Extraordinaries & Disc Operations1.7B1.74B1.26B1.86B1.89B1.59B1.8B1.54B1.3B1.29B
Extraordinary Items & Discontinued Operations----------
General Mills Profit/ Loss (Net Income)
1.66B1.7B1.22B1.82B1.86B1.57B1.8B1.53B1.3B1.29B
Average Shares used to compute Diluted EPS598M611.9M618.8M645.7M665.6M666.7M664.8M659.7M686.53M670.83M
Average Shares used to compute Basic EPS587.1M598.9M603.3M628.6M648.6M648.1M642.7M659.7M663.82M670.83M
Income Before Nonrecurring Items1.84B1.79B1.77B1.82B1.79B1.71B1.65B1.57B1.36B1.23B
Income from Nonrecurring Items-185.38M-91.79M-550.73M6.46M63.5M-139.6M148.9M-36.54M-59.74M63.73M
General Mills Earnings Per Share Basic Net
2.822.832.022.902.862.422.802.321.971.93
General Mills Earnings Per Share Diluted Net
2.772.771.972.832.792.352.702.241.901.86
EPS Diluted Before Nonrecurring Items3.082.922.862.822.692.562.482.301.991.76
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common1.921.781.671.551.321.221.120.960.860.79
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on General Mills stock analysis. It helps to look at the following income statement items:

  • Topline: A growing topline, as seen from the General Mills revenue chart, as isn't the case with General Mills indicates a sagging business. One needs to compare the YoY topline or sales growth of GIS stock with its peers like SYY stock and ASBFY stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: Most businesses like General Mills try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called statement of revenue and expense. The GIS financials along with General Mills historical stock prices provide a lot of details about the firm.

General Mills Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
11.96
PS Ratio (price sales ratio)
1.64
Operating Margin
15.3
Net Profit Margin
24.2
Dividend Yield
4.36%