General Mills
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. General Mills's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $19,857,200,000. Profit margin reached 13%. Total operating expenses were $3,500,400,000.
Profit Margin
| 2015 | 17.63B | 1.22B | 6.93% |
|---|---|---|---|
| 2016 | 16.56B | 1.69B | 10.25% |
| 2017 | 15.61B | 1.65B | 10.61% |
| 2018 | 15.74B | 2.13B | 13.54% |
| 2019 | 16.86B | 1.75B | 10.39% |
| 2020 | 17.62B | 2.18B | 12.37% |
| 2021 | 18.12B | 2.33B | 12.91% |
| 2022 | 18.99B | 2.70B | 14.25% |
| 2023 | 20.09B | 2.59B | 12.91% |
| 2024 | 19.85B | 2.49B | 12.57% |
0R1X.L Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 19.85B | 20.09B | 18.99B | 18.12B | 17.62B | 16.86B | 15.74B | 15.61B | 16.56B | 17.63B |
Cost of revenue | 12.90B | 13.54B | 12.59B | 11.67B | 11.49B | 11.10B | 10.31B | 10.05B | 10.73B | 11.68B |
Gross profit | 6.95B | 6.54B | 6.40B | 6.44B | 6.12B | 5.75B | 5.42B | 5.56B | 5.82B | 5.94B |
Operating exp. | ||||||||||
Research and development | 257.8M | 257.6M | 243.1M | 239.3M | 224.4M | 221.9M | 219.1M | 218.2M | 222.1M | 229.4M |
Selling and marketing | 824.6M | 810M | 690.1M | 736.3M | 691.8M | 601.6M | 575.9M | 0 | 0 | 0 |
Total operating expenses | 3.50B | 3.50B | 3.14B | 3.07B | 3.15B | 2.93B | 2.75B | 2.80B | 3.11B | 3.32B |
Operating income | 3.43B | 2.65B | 3.47B | 3.14B | 2.95B | 2.51B | 2.50B | 2.56B | 2.70B | 2.07B |
Other income (expenses), net | -403.4M | -6.8M | -266.2M | -287.4M | -353.7M | -217.2M | -165.6M | -295.1M | -3.2M | -315.4M |
Income before tax | 3.02B | 3.14B | 3.20B | 2.85B | 2.60B | 2.08B | 2.13B | 2.27B | 2.40B | 1.76B |
Income tax expense | 594.5M | 612.2M | 586.3M | 629.1M | 480.5M | 367.8M | 57.3M | 655.2M | 755.2M | 586.8M |
Net income | 2.49B | 2.59B | 2.70B | 2.33B | 2.18B | 1.75B | 2.13B | 1.65B | 1.69B | 1.22B |
Earnings per share | ||||||||||
Basic EPS | 4.34 | 4.36 | 4.46 | 3.81 | 3.59 | 2.92 | 3.69 | 2.82 | 2.83 | 2.02 |
Diluted EPS | 4.31 | 4.31 | 4.42 | 3.78 | 3.56 | 2.9 | 3.64 | 2.77 | 2.77 | 1.97 |
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