General Mills Statistics
Total Valuation
General Mills has a market cap or net worth of $40.18 billion. The enterprise value is $52.10 billion.
| Market Cap | 40.18B |
| Enterprise Value | 52.10B |
Important Dates
The last earnings date was Wednesday, March 20, 2024, before market open.
| Earnings Date | Mar 20, 2024 |
| Ex-Dividend Date | Apr 9, 2024 |
Share Statistics
General Mills has 564.55 million shares outstanding. The number of shares has decreased by -3.68% in one year.
| Shares Outstanding | 564.55M |
| Shares Change (YoY) | -3.68% |
| Shares Change (QoQ) | -2.30% |
| Owned by Insiders (%) | 0.21% |
| Owned by Institutions (%) | 80.66% |
| Float | 562.09M |
Valuation Ratios
The trailing PE ratio is 16.32 and the forward PE ratio is 15.79. General Mills's PEG ratio is 1.98.
| PE Ratio | 16.32 |
| Forward PE | 15.79 |
| PS Ratio | 1.99 |
| Forward PS | 1.99 |
| PB Ratio | 4.26 |
| P/FCF Ratio | 16.97 |
| PEG Ratio | 1.98 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.52, with an EV/FCF ratio of 22.01.
| EV / Earnings | 20.40 |
| EV / Sales | 2.58 |
| EV / EBITDA | 12.52 |
| EV / EBIT | 14.42 |
| EV / FCF | 22.01 |
Financial Position
The company has a current ratio of 0.66, with a Debt / Equity ratio of 1.33.
| Current Ratio | 0.66 |
| Quick Ratio | 0.33 |
| Debt / Equity | 1.33 |
| Debt / EBITDA | 3.01 |
| Debt / FCF | 5.29 |
| Interest Coverage | 7.84 |
Financial Efficiency
Return on equity (ROE) is 25.80% and return on invested capital (ROIC) is 12.81%.
| Return on Equity (ROE) | 25.80% |
| Return on Assets (ROA) | 8.20% |
| Return on Capital (ROIC) | 12.81% |
| Revenue Per Employee | $593,332 |
| Profits Per Employee | $75,118 |
| Employee Count | 34,000 |
| Asset Turnover | 0.65 |
| Inventory Turnover | 6.75 |
Taxes
In the past 12 months, General Mills has paid $599.20 million in taxes.
| Income Tax | 599.20M |
| Effective Tax Rate | 19.00% |
Stock Price Statistics
The stock price has decreased by -18.77% in the last 52 weeks. The beta is 0.14, so General Mills's price volatility has been lower than the market average.
| Beta (1Y) | 0.14 |
| 52-Week Price Change | -18.77% |
| 50-Day Moving Average | 66.84 |
| 200-Day Moving Average | 66.83 |
| Relative Strength Index (RSI) | 63.36 |
| Average Volume (30 Days) | 4,244,972 |
Short Selling Information
The latest short interest is 15.52 million, so 2.75% of the outstanding shares have been sold short.
| Short Interest | 15.52M |
| Short Previous Month | 13.83M |
| Short % of Shares Out | 2.75% |
| Short % of Float | 2.76% |
| Short Ratio (days to cover) | 3.17 |
Income Statement
In the last 12 months, General Mills had revenue of $20.17 billion and earned $2.55 billion in profits. Earnings per share was $4.36.
| Revenue | 20.17B |
| Gross Profit | 6.97B |
| Operating Income | 3.47B |
| Pretax Income | 3.15B |
| Net Income | 2.55B |
| EBITDA | 4.16B |
| EBIT | 3.61B |
| Earnings Per Share (EPS) | $4.36 |
Balance Sheet
The company has $588.60 million in cash and $12.51 billion in debt, giving a net cash position of -$11.93 billion or -$21.12 per share.
| Cash & Cash Equivalents | 588.60M |
| Total Debt | 12.51B |
| Net Cash | -11.93B |
| Net Cash Per Share | -$21.12 |
| Equity / Book Value | 9.44B |
| Book Value Per Share | 16.72 |
| Working Capital | -2.41B |
Cash Flow
In the last 12 months, operating cash flow was $3.19 billion and capital expenditures -$823.10 million, giving a free cash flow of $2.37 billion.
| Operating Cash Flow | 3.19B |
| Capital Expenditures | -823.10M |
| Free Cash Flow | 2.37B |
| FCF Per Share | $4.17 |
Margins
Gross margin is 34.56%, with operating and profit margins of 17.20% and 12.66%.
| Gross Margin | 34.56% |
| Operating Margin | 17.20% |
| Pretax Margin | 15.63% |
| Profit Margin | 12.66% |
| EBITDA Margin | 20.63% |
| EBIT Margin | 17.92% |
| FCF Margin | 11.74% |
Dividends & Yields
This stock pays an annual dividend of $2.36, which amounts to a dividend yield of 3.32%.
| Dividend Per Share | $2.36 |
| Dividend Yield | 3.32% |
| Dividend Growth (YoY) | 9.26% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 54.13% |
| Buyback Yield | 3.68% |
| Shareholder Yield | 7.00% |
| Earnings Yield | 6.36% |
| FCF Yield | 5.89% |
Analyst Forecast
The average price target for General Mills is $72.18, which is 1.42% higher than the current price. The consensus rating is "Hold".
| Price Target | $72.18 |
| Price Target Difference | 1.42% |
| Analyst Consensus | Hold |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | 2.40% |
| EPS Growth Forecast (5Y) | 5.57% |
Stock Splits
The last stock split was on June 9, 2010. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 9, 2010 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
General Mills has an Altman Z-Score of 3.01 and a Piotroski F-Score of 8.
| Altman Z-Score | 3.01 |
| Piotroski F-Score | 8 |