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General Mills (NYSE:GIS) Gross-Profit-to-Asset %

: 21.85% (As of Nov. 2022)
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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. General Mills's annualized Gross Profit for the quarter that ended in Nov. 2022 was $6,820 Mil. General Mills's average Total Assets over the quarter that ended in Nov. 2022 was $31,214 Mil. Therefore, General Mills's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2022 was 21.85%.


General Mills Gross-Profit-to-Asset % Historical Data

The historical data trend for General Mills's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

General Mills Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Gross-Profit-to-Asset %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.73 18.96 20.13 20.59 20.35

General Mills Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Gross-Profit-to-Asset % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.13 17.65 22.75 18.62 21.85

Competitive Comparison

For the Packaged Foods subindustry, General Mills's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

General Mills Gross-Profit-to-Asset % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where General Mills's Gross-Profit-to-Asset % falls in comparison to its industry or sector. The grey bar indicates the Gross-Profit-to-Asset %'s extreme value range as defined by GuruFocus.



General Mills Gross-Profit-to-Asset % Calculation

General Mills's annualized Gross-Profit-to-Asset % for the fiscal year that ended in May. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: May. 2022 )/( (Total Assets (A: May. 2021 )+Total Assets (A: May. 2022 ))/ count )
=6402.2/( (31841.9+31090.1)/ 2 )
=6402.2/31466
=20.35 %

General Mills's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Nov. 2022 )/( (Total Assets (Q: Aug. 2022 )+Total Assets (Q: Nov. 2022 ))/ count )
=6820.4/( (31107.2+31319.8)/ 2 )
=6820.4/31213.5
=21.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Nov. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


General Mills Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of General Mills's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


General Mills (NYSE:GIS) Business Description

General Mills logo
Address
Number One General Mills Boulevard, Minneapolis, MN, USA, 55426
General Mills is a leading global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, BLUE, and Haagen-Dazs. In fiscal 2021, 75% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products into the food-service channel and the commercial baking industry.
Executives
Thissen Karen Wilson officer: General Counsel & Secretary 1098 AMERIPRISE FINANCIAL CENTER MINNEAPOLIS MN 55474
Gallagher Paul Joseph officer: Chief Supply Chain Officer 1 GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Montemayor Jaime officer: Chief Technology Officer NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Pallot Mark A officer: Chief Accounting Officer NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Jenkins Jo Ann director 2211 SOUTH 47TH STREET PHOENIX AZ 85034
Mcnabb Dana M officer: Group President NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Lempres Elizabeth Cahill director TWO COMMERCE SQUARE 2001 MARKET STREET, SUITE 3600 PHILADELPHIA PA 19103
Walker Sean N officer: Group President NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Neal Diane L director
Benson Jodi J officer: Chief Innovation Officer GENERAL MILLS, INC. ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Sastre Maria director C/O DARDEN RESTAURANTS, INC. 1000 DARDEN CENTER DRIVE ORLANDO FL 32837
Bishop William W Jr officer: Group President C/O BLUE BUFFALO PET PRODUCTS, INC. 11 RIVER ROAD WILTON CT 06897
Bruce Kofi A officer: Vice President GENERAL MILLS, INC. ONE GENERAL MILLS BLVD. MINNEAPOLIS MN 55426
Pollard Ivan officer: Senior Vice President GENERAL MILLS, INC. ONE GENERAL MILLS BLVD. MINNEAPOLIS MN 55426
Law Christina officer: Group President GENERAL MILLS, INC. ONE GENERAL MILLS BLVD. MINNEAPOLIS MN 55426

General Mills (NYSE:GIS) Headlines

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