Ticker
GIS

Price
70.00
Stock movement up
+0.21 (0.30%)
Company name
General Mills Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Consumer Defensive >
Packaged Foods
Market cap
41.27B
Ent value
61.37B
Price/Sales
2.07
Price/Book
3.94
Div yield
3.37%
Div growth
2.89%
Growth years
4
FCF payout
58.05%
Trailing P/E
18.26
Forward P/E
15.84
PEG
3.72
EPS growth
12.53%
1 year return
-19.60%
3 year return
4.39%
5 year return
6.84%
10 year return
3.06%
Last updated: 2024-04-08

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share2.36
Dividend yield3.37%
Payout frequencyQuarterly
Maximum yield4.15%
Average yield3.28%
Minimum yield2.38%
Discount to avg yield2.71%
Upside potential2.78%
Yield as % of max yield81.33%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.37%
Current yield distribution46.27%
Yield at 100% (Min)2.38%
Yield at 90%2.71%
Yield at 80%2.88%
Yield at 50% (Median)3.33%
Yield at 20%3.65%
Yield at 10%3.73%
Yield at 0% (Max)4.15%

Dividend per share

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Dividend per share data
Years of growth4 years
CCC status-
Dividend per share2.36
Payout frequencyQuarterly
Ex-div date9 Apr 2024
EPS (TTM)3.73
EPS (1y forward)4.42
EPS growth (5y)12.53%
EPS growth (5y forward)4.91%

Dividend growth

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Dividend growth data
GISS&P500
DGR MR9.26%-16.32%
DGR TTM9.26%4.05%
DGR 3 years4.51%5.24%
DGR 5 years2.89%5.40%
DGR 10 years4.76%7.07%
DGR 15 years6.95%6.12%
Time since last change announced298 days
EPS growth (5y)12.53%
EPS growth (5y forward)4.91%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM65.39%58.05%
Average53.41%54.40%
Forward53.39%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E18.26
Price to OCF13.25
Price to FCF16.21
Price to EBITDA10.17
EV to EBITDA15.12

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.07
Price to Book3.94
EV to Sales3.08

FINANCIALS

Per share

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Per share data
Current share count589.61M
EPS (TTM)3.73
FCF per share (TTM)4.20

Income statement

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Income statement data
Revenue (TTM)19.96B
Gross profit (TTM)6.59B
Operating income (TTM)3.63B
Net income (TTM)2.26B
EPS (TTM)3.73
EPS (1y forward)4.42

Margins

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Margins data
Gross margin (TTM)33.01%
Operating margin (TTM)18.20%
Profit margin (TTM)11.33%

Balance Sheet

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Balance Sheet data
Cash618.70M
Net receivables1.77B
Total current assets5.12B
Goodwill14.49B
Intangible assets6.97B
Property, plant and equipment0.00
Total assets31.20B
Accounts payable3.87B
Short/Current long term debt11.59B
Total current liabilities9.42B
Total liabilities20.72B
Shareholder's equity10.48B
Net tangible assets-11.22B

Cash flow

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Cash flow data
Operating cash flow (TTM)3.12B
Capital expenditures (TTM)569.40M
Free cash flow (TTM)2.55B
Dividends paid (TTM)1.48B

Financial returns

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Financial returns data
Return on Equity21.56%
Return on Assets7.24%
Return on Invested Capital10.24%
Cash Return on Invested Capital11.53%

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STOCK INFORMATION

Stock chart

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Stock price data
Open69.79
Daily high70.48
Daily low69.57
Daily Volume4.02M
All-time high90.61
1y analyst estimate81.65
Beta0.27
EPS (TTM)3.73
Dividend per share2.36
Ex-div date9 Apr 2024
Next earnings date26 Jun 2024

Downside potential

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Downside potential data
GISS&P500
Current price drop from All-time high-22.75%-0.85%
Highest price drop-49.48%-56.47%
Date of highest drop18 Dec 20189 Mar 2009
Avg drop from high-11.46%-11.35%
Avg time to new high24 days13 days
Max time to new high1448 days1805 days

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COMPANY DETAILS
GIS (General Mills Inc) company logo
Marketcap
41.27B
Marketcap category
Large-cap
Description
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also supplies branded and unbranded food products to the North American foodservice and commercial baking industries; and manufactures and markets pet food products, including dog and cat food. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.
Employees
32500
SEC filings
CEO
Jeffrey Harmening
Country
USA
City
Minneapolis
Stock type
Common stock
CCC status
-
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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February 20, 2024

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UNDERSTAND THE BUSINESS
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