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
DateValue
May 29, 2022 248.30 Mn
May 30, 2021 283.20 Mn
May 31, 2020 277.00 Mn