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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

General Mills (GIS) Gross Margin (2016 - 2026)

General Mills' Gross Margin history spans 16 years, with the latest figure at 33.48% for Q1 2024.

  • For Q1 2024, Gross Margin rose 101.0% year-over-year to 33.48%; the TTM value through Feb 2024 reached 34.56%, up 155.0%, while the annual FY2023 figure was 32.58%, 113.0% down from the prior year.
  • Gross Margin for Q1 2024 was 33.48% at General Mills, down from 34.36% in the prior quarter.
  • Across five years, Gross Margin topped out at 36.47% in Q4 2020 and bottomed at 30.69% in Q3 2022.
  • The 5-year median for Gross Margin is 34.36% (2023), against an average of 34.11%.
  • The largest annual shift saw Gross Margin crashed -450bps in 2022 before it surged 541bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 36.47% in 2020, then decreased by -11bps to 32.47% in 2021, then grew by 1bps to 32.66% in 2022, then grew by 5bps to 34.36% in 2023, then decreased by -3bps to 33.48% in 2024.
  • Per Business Quant, the three most recent readings for GIS's Gross Margin are 33.48% (Q1 2024), 34.36% (Q4 2023), and 36.1% (Q3 2023).