General Gross Profit from 2010 to 2024

GIS Stock

USD 64.12 0.32 0.50%

General Mills Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 4.9 B in 2024. Gross Profit is the profit General Mills makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1985-08-31

Previous Quarter

1.6 B

Current Value

1.7 B

Quarterly Volatility

335.3 M

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check General Mills financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among General Mills' main balance sheet or income statement drivers, such as Depreciation And Amortization of 408 M, Interest Expense of 522.9 M or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 2.19, Dividend Yield of 0.0309 or PTB Ratio of 4.79. General financial statements analysis is a perfect complement when working with General Mills Valuation or Volatility modules.

Check out the analysis of General Mills Correlation against competitors.

For more information on how to buy General Stock please use our How to Invest in General Mills guide.

Latest General Mills' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of General Mills over the last few years. Gross profit is a required income statement account that reflects total revenue of General Mills minus its cost of goods sold. It is profit before General Mills operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. General Mills' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in General Mills' overall financial position and show how it may be relating to other accounts over time.

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Last Reported 6.55 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

General Gross Profit Regression Statistics

	Arithmetic Mean	5,760,201,268
	Geometric Mean	5,538,250,253
	Coefficient Of Variation	21.44
	Mean Deviation	726,251,642
	Median	6,044,700,000
	Standard Deviation	1,234,786,256
	Sample Variance	1524697.1T
	Range	5.2B
	R-Value	0.40
	Mean Square Error	1380557.7T
	R-Squared	0.16
	Significance	0.14
	Slope	110,170,476
	Total Sum of Squares	21345759.4T

General Gross Profit History

	2024	4.9 B
	2023	6.9 B
	2022	6.5 B
	2021	6.4 B
	2020	6.4 B
	2019	6.1 B
	2018	5.8 B

Other Fundumenentals of General Mills

Gross Profit Margin

General Mills Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Intangible Assets	Good Will	Short Term Investments	Long Term Debt	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Long Term Investments	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.71	0.77	0.69	0.66	0.95	0.98	0.92	0.83	-0.74	0.56	0.98	0.98	0.3	0.89	-0.6	0.76	-0.71	0.74	0.12	0.64	-0.5	-0.08	0.61	0.06	-0.62	0.17
Total Stockholder Equity	0.71		0.69	0.9	0.89	0.67	0.63	0.71	0.51	-0.65	0.14	0.76	0.77	0.43	0.61	-0.63	0.54	-0.55	0.56	-0.22	0.54	-0.39	-0.39	0.78	0.16	-0.65	-0.39
Net Debt	0.77	0.69		0.84	0.79	0.66	0.82	0.56	0.75	-0.72	0.45	0.87	0.85	0.04	0.93	-0.75	0.7	-0.89	0.91	-0.21	0.69	-0.63	-0.48	0.8	-0.04	-0.83	-0.35
Retained Earnings	0.69	0.9	0.84		0.95	0.65	0.68	0.63	0.49	-0.73	0.19	0.77	0.78	0.22	0.73	-0.85	0.64	-0.66	0.7	-0.44	0.69	-0.68	-0.57	0.79	0.08	-0.68	-0.54
Accounts Payable	0.66	0.89	0.79	0.95		0.59	0.65	0.6	0.48	-0.52	0.23	0.73	0.78	0.4	0.72	-0.86	0.43	-0.74	0.75	-0.34	0.74	-0.69	-0.52	0.91	0.13	-0.79	-0.47
Net Receivables	0.95	0.67	0.66	0.65	0.59		0.92	0.87	0.66	-0.71	0.36	0.9	0.92	0.18	0.81	-0.55	0.75	-0.55	0.63	0.04	0.58	-0.42	-0.18	0.49	-0.1	-0.48	0.18
Total Liab	0.98	0.63	0.82	0.68	0.65	0.92		0.87	0.85	-0.73	0.61	0.97	0.97	0.22	0.95	-0.64	0.76	-0.78	0.81	0.1	0.67	-0.57	-0.11	0.62	0.04	-0.65	0.15
Total Current Assets	0.92	0.71	0.56	0.63	0.6	0.87	0.87		0.76	-0.71	0.5	0.87	0.87	0.46	0.69	-0.51	0.72	-0.52	0.5	0.15	0.5	-0.39	0.14	0.46	0.29	-0.41	0.24
Short Term Debt	0.83	0.51	0.75	0.49	0.48	0.66	0.85	0.76		-0.6	0.66	0.86	0.8	0.31	0.79	-0.47	0.65	-0.76	0.69	0.22	0.48	-0.29	0.1	0.55	0.11	-0.66	0.21
Common Stock	-0.74	-0.65	-0.72	-0.73	-0.52	-0.71	-0.73	-0.71	-0.6		-0.38	-0.77	-0.71	0.06	-0.65	0.54	-0.95	0.41	-0.44	0.26	-0.37	0.45	0.21	-0.32	-0.04	0.29	0.19
Current Deferred Revenue	0.56	0.14	0.45	0.19	0.23	0.36	0.61	0.5	0.66	-0.38		0.55	0.54	0.32	0.56	-0.34	0.34	-0.59	0.45	0.37	0.42	-0.46	0.38	0.27	0.23	-0.41	0.39
Intangible Assets	0.98	0.76	0.87	0.77	0.73	0.9	0.97	0.87	0.86	-0.77	0.55		0.99	0.26	0.93	-0.64	0.78	-0.8	0.81	0.05	0.65	-0.51	-0.18	0.71	0.06	-0.72	0.02
Good Will	0.98	0.77	0.85	0.78	0.78	0.92	0.97	0.87	0.8	-0.71	0.54	0.99		0.31	0.94	-0.69	0.71	-0.81	0.83	0.04	0.71	-0.58	-0.21	0.74	0.05	-0.74	0.03
Short Term Investments	0.3	0.43	0.04	0.22	0.4	0.18	0.22	0.46	0.31	0.06	0.32	0.26	0.31		0.11	-0.24	-0.07	-0.25	0.12	0.25	0.31	-0.15	0.28	0.39	0.3	-0.36	0.19
Long Term Debt	0.89	0.61	0.93	0.73	0.72	0.81	0.95	0.69	0.79	-0.65	0.56	0.93	0.94	0.11		-0.7	0.68	-0.91	0.95	0.01	0.75	-0.64	-0.31	0.76	-0.01	-0.8	-0.06
Treasury Stock	-0.6	-0.63	-0.75	-0.85	-0.86	-0.55	-0.64	-0.51	-0.47	0.54	-0.34	-0.64	-0.69	-0.24	-0.7		-0.44	0.7	-0.69	0.46	-0.79	0.86	0.49	-0.7	0.09	0.65	0.32
Property Plant Equipment	0.76	0.54	0.7	0.64	0.43	0.75	0.76	0.72	0.65	-0.95	0.34	0.78	0.71	-0.07	0.68	-0.44		-0.4	0.47	-0.18	0.35	-0.38	-0.18	0.27	0.0	-0.26	-0.1
Net Tangible Assets	-0.71	-0.55	-0.89	-0.66	-0.74	-0.55	-0.78	-0.52	-0.76	0.41	-0.59	-0.8	-0.81	-0.25	-0.91	0.7	-0.4		-0.95	-0.07	-0.71	0.63	0.27	-0.87	-0.06	0.92	0.11
Long Term Debt Total	0.74	0.56	0.91	0.7	0.75	0.63	0.81	0.5	0.69	-0.44	0.45	0.81	0.83	0.12	0.95	-0.69	0.47	-0.95		-0.03	0.75	-0.63	-0.43	0.87	-0.01	-0.9	-0.21
Capital Surpluse	0.12	-0.22	-0.21	-0.44	-0.34	0.04	0.1	0.15	0.22	0.26	0.37	0.05	0.04	0.25	0.01	0.46	-0.18	-0.07	-0.03		-0.09	0.27	0.63	-0.12	0.3	0.05	0.69
Deferred Long Term Liab	0.64	0.54	0.69	0.69	0.74	0.58	0.67	0.5	0.48	-0.37	0.42	0.65	0.71	0.31	0.75	-0.79	0.35	-0.71	0.75	-0.09		-0.69	-0.35	0.71	0.04	-0.68	-0.17
Short Long Term Debt	-0.5	-0.39	-0.63	-0.68	-0.69	-0.42	-0.57	-0.39	-0.29	0.45	-0.46	-0.51	-0.58	-0.15	-0.64	0.86	-0.38	0.63	-0.63	0.27	-0.69		0.34	-0.54	-0.05	0.48	0.24
Long Term Investments	-0.08	-0.39	-0.48	-0.57	-0.52	-0.18	-0.11	0.14	0.1	0.21	0.38	-0.18	-0.21	0.28	-0.31	0.49	-0.18	0.27	-0.43	0.63	-0.35	0.34		-0.48	0.47	0.41	0.75
Net Invested Capital	0.61	0.78	0.8	0.79	0.91	0.49	0.62	0.46	0.55	-0.32	0.27	0.71	0.74	0.39	0.76	-0.7	0.27	-0.87	0.87	-0.12	0.71	-0.54	-0.48		0.12	-0.95	-0.41
Cash And Equivalents	0.06	0.16	-0.04	0.08	0.13	-0.1	0.04	0.29	0.11	-0.04	0.23	0.06	0.05	0.3	-0.01	0.09	0.0	-0.06	-0.01	0.3	0.04	-0.05	0.47	0.12		0.06	-0.04
Net Working Capital	-0.62	-0.65	-0.83	-0.68	-0.79	-0.48	-0.65	-0.41	-0.66	0.29	-0.41	-0.72	-0.74	-0.36	-0.8	0.65	-0.26	0.92	-0.9	0.05	-0.68	0.48	0.41	-0.95	0.06		0.26
Capital Stock	0.17	-0.39	-0.35	-0.54	-0.47	0.18	0.15	0.24	0.21	0.19	0.39	0.02	0.03	0.19	-0.06	0.32	-0.1	0.11	-0.21	0.69	-0.17	0.24	0.75	-0.41	-0.04	0.26

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About General Mills Financial Statements

General Mills shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although General Mills investors may analyze each financial statement separately, they are all interrelated. The changes in General Mills' assets and liabilities, for example, are also reflected in the revenues and expenses on on General Mills' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	6.9 B	4.9 B
Gross Profit Margin	0.35	0.35

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