General Net Income from 2010 to 2024

GIS Stock  USD 64.58  0.46  0.72%   
General Mills Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income is likely to outpace its year average in 2024. From the period from 2010 to 2024, General Mills Net Income quarterly data regression had r-value of  0.84 and coefficient of variation of  33.45. View All Fundamentals
 
Net Income  
First Reported
1989-05-31
Previous Quarter
557.5 M
Current Value
579.9 M
Quarterly Volatility
195 M
 
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' Net Income Growth Pattern

Below is the plot of the Net Income of General Mills over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in General Mills financial statement analysis. It represents the amount of money remaining after all of General Mills operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is General Mills' Net Income 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.
ViewLast Reported 2.5 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

General Net Income Regression Statistics

Arithmetic Mean1,925,335,333
Geometric Mean1,729,981,279
Coefficient Of Variation33.45
Mean Deviation479,184,356
Median1,855,200,000
Standard Deviation643,946,442
Sample Variance414667T
Range2.5B
R-Value0.84
Mean Square Error130135.3T
R-Squared0.71
Significance0.000083
Slope121,207,893
Total Sum of Squares5805338.3T

General Net Income History

20242.6 B
20232.5 B
20222.6 B
20212.7 B
20202.3 B
20192.2 B
20181.8 B

Other Fundumenentals of General Mills

General Mills Net Income component correlations

About General Mills Financial Statements

General Mills shareholders use historical fundamental indicators, such as Net Income, 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 ReportedProjected for Next Year
Net Income2.5 B2.6 B
Net Income Applicable To Common SharesB1.7 B
Net Income From Continuing Ops2.5 B2.1 B
Net Income Per Share 4.34  3.59 
Net Income Per E B T 0.82  0.84 

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Additional Tools for General Stock Analysis

When running General Mills' price analysis, check to measure General Mills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Mills is operating at the current time. Most of General Mills' value examination focuses on studying past and present price action to predict the probability of General Mills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Mills' price. Additionally, you may evaluate how the addition of General Mills to your portfolios can decrease your overall portfolio volatility.