General Mills (GIS) Income Statement: Revenue & Earnings

General Mills Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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General Mills, Inc. income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	May 2025	May 2024	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017
Revenue & Gross Profit
Revenue	19.49	19.86	20.09	18.99	18.13	17.63	16.87	15.74	15.62
Cost of Revenue	12.75	12.93	13.55	12.59	11.68	11.50	11.11	10.30	10.05
Gross Profit	6.73	6.93	6.55	6.40	6.45	6.13	5.76	5.44	5.57
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.24	0.00	0.00	0.00	0.00
Selling, General & Administrative	3.45	3.26	3.50	3.15	3.08	3.15	2.94	2.85	2.89
Operating Expenses	3.45	3.26	3.11	2.93	3.30	3.18	3.24	3.02	3.08
Operating Income	3.29	3.67	3.43	3.48	3.14	2.95	2.52	2.42	2.49
Other Income/Expense
Interest Income	0.02	0.02	0.01	0.00	0.01	0.01	0.01	0.01	0.01
Interest Expense	0.55	0.50	0.39	0.38	0.42	0.46	0.52	0.40	0.30
Other Income/Expense	0.07	-0.17	-0.21	-0.15	-0.17	-0.26	-0.36	-0.20	-0.14
Income
Income Before Tax	2.84	3.03	3.22	3.32	2.98	2.69	2.15	2.22	2.36
Income Tax Expense	0.57	0.59	0.61	0.59	0.63	0.48	0.37	0.06	0.66
Net Income	2.30	2.50	2.59	2.71	2.34	2.18	1.75	2.13	1.66
Net Income - Continuous Operations	2.32	2.52	2.59	2.71	2.34	2.18	1.75	2.13	1.66
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	3.92	4.08	4.08	4.16	3.89	3.67	3.23	3.14	3.18
EBIT	3.38	3.53	3.54	3.59	3.14	0.00	0.00	0.00	0.00
Depreciation & Amortization	0.54	0.55	0.55	0.57	0.60	0.59	0.62	0.62	0.60
Earnings Per Share
Basic EPS	4.00	4.00	4.00	4.00	4.00	4.00	3.00	4.00	3.00
Diluted EPS	4.00	4.00	4.00	4.00	4.00	4.00	3.00	4.00	3.00
Basic Shares Outstanding	0.55	0.58	0.59	0.61	0.61	0.61	0.60	0.58	0.59
Diluted Shares Outstanding	0.56	0.58	0.60	0.61	0.62	0.61	0.61	0.59	0.60