General Mills Stock Net Income

GIS Stock  USD 69.66  1.32  1.93%   
General Mills fundamentals help investors to digest information that contributes to General Mills' financial success or failures. It also enables traders to predict the movement of General Stock. The fundamental analysis module provides a way to measure General Mills' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to General Mills stock.
Net Income is likely to gain to about 3.2 B in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 1.7 B in 2024.
  
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General Net Income Analysis

General Mills' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

General Mills Net Income

3.13 Billion

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current General Mills Net Income

    
  2.61 B  
Most of General Mills' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, General Mills is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

General Net Income Historical Pattern

Today, most investors in General Mills Stock are looking for potential investment opportunities by analyzing not only static indicators but also various General Mills' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of General Mills net income as a starting point in their analysis.
   General Mills Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

General Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(1.95 Billion)

At this time, General Mills' Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, General Mills reported net income of 2.61 B. This is 136.11% higher than that of the Food Products sector and notably lower than that of the Consumer Staples industry. The net income for all United States stocks is significantly lower than that of the firm.

General Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses General Mills' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of General Mills could also be used in its relative valuation, which is a method of valuing General Mills by comparing valuation metrics of similar companies.
General Mills is currently under evaluation in net income category among related companies.

General Mills ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, General Mills' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to General Mills' managers, analysts, and investors.
Environment Score
Governance Score
Social Score

General Mills Institutional Holders

Institutional Holdings refers to the ownership stake in General Mills that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of General Mills' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing General Mills' value.
Shares
Ameriprise Financial Inc2023-12-31
M
Norges Bank2023-12-31
5.8 M
Legal & General Group Plc2023-12-31
5.4 M
Ubs Asset Mgmt Americas Inc2023-12-31
5.3 M
Amundi2023-12-31
5.1 M
Dimensional Fund Advisors, Inc.2023-12-31
M
Nordea Investment Mgmt Bank Demark A/s2023-12-31
M
Bank Of America Corp2023-12-31
4.9 M
Bank Of New York Mellon Corp2023-12-31
4.3 M
Blackrock Inc2023-12-31
54.5 M
Vanguard Group Inc2023-12-31
51.9 M

General Fundamentals

About General Mills Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze General Mills's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of General Mills using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of General Mills based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Net IncomeB3.2 B
Net Income Applicable To Common SharesB1.7 B
Net Income From Continuing Ops2.9 B2.1 B
Net Income Per E B T 0.84  0.54 

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When determining whether General Mills is a strong investment it is important to analyze General Mills' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact General Mills' future performance. For an informed investment choice regarding General Stock, refer to the following important reports:
Check out General Mills Piotroski F Score and General Mills Altman Z Score analysis.
For more information on how to buy General Stock please use our How to Invest in General Mills guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running General Mills' price analysis, check to measure General Mills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Mills is operating at the current time. Most of General Mills' value examination focuses on studying past and present price action to predict the probability of General Mills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Mills' price. Additionally, you may evaluate how the addition of General Mills to your portfolios can decrease your overall portfolio volatility.
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Is General Mills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of General Mills. If investors know General will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about General Mills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.272
Dividend Share
2.31
Earnings Share
4.36
Revenue Per Share
34.686
Quarterly Revenue Growth
(0.01)
The market value of General Mills is measured differently than its book value, which is the value of General that is recorded on the company's balance sheet. Investors also form their own opinion of General Mills' value that differs from its market value or its book value, called intrinsic value, which is General Mills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because General Mills' market value can be influenced by many factors that don't directly affect General Mills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between General Mills' value and its price as these two are different measures arrived at by different means. Investors typically determine if General Mills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, General Mills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.