General Mills (GIS) Operating Leases (2020 - 2022)
General Mills (GIS) posted Operating Leases of $248.3 million for Q2 2022, down 12.32% sequentially from $283.2 million in Q2 2021, and down 12.32% YoY from $283.2 million in Q2 2021.
General Mills (GIS) Operating Leases (2020 - 2022) Analysis & Trends
General Mills has reported Operating Leases for 3 years, with the latest figure at $248.3 million in Q2 2022.
- Quarterly Operating Leases fell 12.32% year-over-year to $248.3 million in Q2 2022, while the trailing twelve-month figure through May 2022 was $248.3 million (down 12.32% YoY) and the FY2022 annual result came in at $248.3 million, down 12.32% from the prior year.
- Operating Leases retreated to $248.3 million in Q2 2022 per GIS's latest filing, from $283.2 million in the prior quarter.
- Over five years, Operating Leases peaked at $283.2 million in Q2 2021 and troughed at $248.3 million in Q2 2022.
- A 3-year average of $269.5 million and a median of $277.0 million in 2020 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2021 and 2022: Operating Leases increased 2.24% in 2021, then declined 12.32% in 2022.
- Over 3 years, Operating Leases stood at $277.0 million in 2020, then grew by 2.24% to $283.2 million in 2021, then slipped by 12.32% to $248.3 million in 2022.
- According to Business Quant data, Operating Leases over the past three periods registered $248.3 million, $283.2 million, and $277.0 million for Q2 2022, Q2 2021, and Q2 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 29, 2022 | 248.30 Mn |
| May 30, 2021 | 283.20 Mn |
| May 31, 2020 | 277.00 Mn |