General Mills (GIS) Operating Leases (2020 - 2022)
General Mills (GIS) reported Operating Leases of $248.3 million for Q2 2022, down 12.32% on a YoY basis from $283.2 million in Q2 2021, and down 12.32% sequentially from $283.2 million in Q2 2021.
General Mills (GIS) Operating Leases (2020 - 2022) Analysis & Trends
General Mills (GIS) has 3 years of Operating Leases data on file, last reported at $248.3 million in Q2 2022.
- For the quarter ending Q2 2022, Operating Leases fell 12.32% year-over-year to $248.3 million; the trailing twelve-month figure through May 2022 stood at $248.3 million (down 12.32% YoY), and the FY2022 full-year result was $248.3 million, down 12.32% from the prior year.
- Operating Leases retreated to $248.3 million in Q2 2022, from $283.2 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $283.2 million in Q2 2021 to a low of $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.
- Across the five-year window, Operating Leases climbed 2.24% in 2021 and slipped 12.32% in 2022, its largest moves.
- Tracing GIS's Operating Leases over 3 years: stood at $277.0 million in 2020, then gained by 2.24% to $283.2 million in 2021, then fell by 12.32% to $248.3 million in 2022.
- Business Quant data shows GIS's Operating Leases at $248.3 million in Q2 2022, $283.2 million in Q2 2021, and $277.0 million in Q2 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 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 |