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General Mills, Inc.

GIS

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

5/25/2025

Revenue
19,487
Cost of Revenue
12,754
Gross Profit
6,733
Gross Margin
34.6%
Operating Income
3,305
Operating Margin
17.0%
Net Income
2,295
Net Margin
11.8%
EPS (Basic)
$4.12
EPS (Diluted)
$4.10
EBITDA
3,923
EBITDA Margin
20.1%

2024

5/26/2024

Revenue
19,857
Cost of Revenue
12,925
Gross Profit
6,932
Gross Margin
34.9%
Operating Income
3,432
Operating Margin
17.3%
Net Income
2,497
Net Margin
12.6%
EPS (Basic)
$4.34
EPS (Diluted)
$4.31
EBITDA
4,079
EBITDA Margin
20.5%

2023

5/28/2023

Revenue
20,094
Cost of Revenue
13,548
Gross Profit
6,546
Gross Margin
32.6%
Operating Income
3,434
Operating Margin
17.1%
Net Income
2,594
Net Margin
12.9%
EPS (Basic)
$4.36
EPS (Diluted)
$4.31
EBITDA
4,083
EBITDA Margin
20.3%

2022

5/29/2022

Revenue
18,993
Cost of Revenue
12,591
Gross Profit
6,402
Gross Margin
33.7%
Operating Income
3,476
Operating Margin
18.3%
Net Income
2,707
Net Margin
14.3%
EPS (Basic)
$4.46
EPS (Diluted)
$4.42
EBITDA
4,163
EBITDA Margin
21.9%

2021

5/30/2021

Revenue
18,127
Cost of Revenue
11,679
Gross Profit
6,448
Gross Margin
35.6%
Operating Income
3,145
Operating Margin
17.3%
Net Income
2,340
Net Margin
12.9%
EPS (Basic)
$3.81
EPS (Diluted)
$3.78
EBITDA
3,886
EBITDA Margin
21.4%