General Mills, Inc. (GIS)

General Mills Income Statement

Financials in millions USD. Fiscal year is June - May.

Year Ending	TTM	May 26, 2024	May 28, 2023	May 29, 2022	May 30, 2021	May 31, 2020
Revenue	19,857	19,857	20,094	18,993	18,127	17,627
Revenue Growth (YoY)	-1.18%	-1.18%	5.80%	4.78%	2.84%	4.51%
Cost of Revenue	12,925	12,925	13,548	12,591	11,679	11,497
Gross Profit	6,932	6,932	6,546	6,402	6,448	6,130
Selling, General & Admin	3,259	3,259	3,500	3,147	3,080	3,152
Other Operating Expenses	241.4	241.4	-388.4	-220.6	223.9	24.4
Operating Expenses	3,500	3,500	3,112	2,926	3,304	3,176
Operating Income	3,432	3,432	3,434	3,476	3,145	2,954
Interest Expense / Income	479.2	479.2	382.1	379.6	420.3	466.5
Other Expense / Income	-138.6	-138.6	-154.4	-197.4	-244.4	-174.3
Pretax Income	3,091	3,091	3,206	3,294	2,969	2,662
Income Tax	594.5	594.5	612.2	586.3	629.1	480.5
Net Income	2,497	2,497	2,594	2,707	2,340	2,181
Net Income Growth	-3.75%	-3.75%	-4.19%	15.71%	7.27%	24.45%
Shares Outstanding (Basic)	565	565	587	602	610	606
Shares Change	-3.88%	-3.88%	-2.47%	-1.27%	0.63%	1.23%
EPS (Basic)	4.34	4.34	4.36	4.46	3.81	3.59
EPS (Diluted)	4.31	4.31	4.31	4.42	3.78	3.56
EPS Growth	0%	0%	-2.49%	16.93%	6.18%	22.76%
Free Cash Flow	2,529	2,529	2,090	2,751	2,455	3,217
Free Cash Flow Per Share	4.48	4.48	3.56	4.57	4.03	5.31
Dividend Per Share	2.360	2.360	2.160	2.040	2.020	1.960
Dividend Growth	9.26%	9.26%	5.88%	0.99%	3.06%	0%
Gross Margin	34.91%	34.91%	32.58%	33.71%	35.57%	34.78%
Operating Margin	17.28%	17.28%	17.09%	18.30%	17.35%	16.76%
Profit Margin	12.57%	12.57%	12.91%	14.25%	12.91%	12.37%
Free Cash Flow Margin	12.74%	12.74%	10.40%	14.48%	13.54%	18.25%
Effective Tax Rate	19.23%	19.23%	19.09%	17.80%	21.19%	18.05%
EBITDA	4,123	4,123	4,135	4,244	3,991	3,723
EBITDA Margin	20.76%	20.76%	20.58%	22.34%	22.01%	21.12%
Depreciation & Amortization	552.7	552.7	546.6	570.3	601.3	594.7
EBIT	3,570	3,570	3,588	3,673	3,389	3,128
EBIT Margin	17.98%	17.98%	17.86%	19.34%	18.70%	17.75%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).