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GIS's Operating Income Growth by Quarter and Year
General Mills Inc 's Operating Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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GIS Operating Income (in millions $) |
FY 2024 |
FY 2023 |
FY 2022 |
FY 2021 |
IV Quarter |
May |
-
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818.20
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1,016.10
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547.90
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III Quarter |
February |
-
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730.20
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815.30
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826.60
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II Quarter |
November |
-
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799.80
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800.10
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916.60
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I Quarter |
August |
930.00
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1,085.60
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844.30
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853.70
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FY |
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930.00
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3,433.80
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3,475.80
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3,144.80
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GIS Operating Income first quarter 2024 Y/Y Growth Comment |
General Mills Inc reported fall in Operating Income in the first quarter 2024 by -14.33% to $ 930.00 millions, from the same quarter in 2023. The decline in the first quarter 2024 General Mills Inc 's Operating Income compares unfavorably to the Company's average Operating Income growth of 3.88%.
According to the results reported in the first quarter 2024, General Mills Inc achieved the best Operating Income growth in Food Processing industry. While General Mills Inc ' s Operating Income decrease of -14.33% ranks overall at the positon no. 1 in the first quarter 2024.
Explain Operating Income growth
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GIS Operating Income ( Y/Y Growth %) |
2024
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2023 |
2022 |
2021 |
IV Quarter |
May |
- |
-19.48 % |
85.45 % |
-33.95 % |
III Quarter |
February |
- |
-10.44 % |
-1.37 % |
27.01 % |
II Quarter |
November |
- |
-0.04 % |
-12.71 % |
12.99 % |
I Quarter |
August |
-14.33 % |
28.58 % |
-1.1 % |
28.88 % |
FY |
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- |
-1.21 % |
10.53 % |
6.46 % |
GIS Operating Income (Quarter on Quarter Growth %) |
2024
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2023 |
2022 |
2021 |
IV Quarter |
May |
- |
12.05 % |
24.63 % |
-33.72 % |
III Quarter |
February |
- |
-8.7 % |
1.9 % |
-9.82 % |
II Quarter |
November |
- |
-26.33 % |
-5.24 % |
7.37 % |
I Quarter |
August |
13.66 % |
6.84 % |
54.1 % |
2.92 % |
FY (Year on Year) |
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- |
-1.21 % |
10.53 % |
6.46 % |
Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
45.67 % |
3.88 % |
-29.76 % |
(Feb. 23, 2010) |
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(June 30. 2015) |
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Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
45.67 % |
3.88 % |
-29.76 % |
(Feb. 23, 2010) |
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(June 30. 2015) |
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Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024 |
General Mills Inc 's Q/Q Operating Income Growth
Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
81.02 % |
4.07 % |
-51.8 % |
(Nov. 23, 2004) |
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GIS's I. Quarter Q/Q Operating Income Comment |
General Mills Inc achieved in the I. Quarter 2024 above company average sequential Operating Income rise of 13.66%, to $ 930.00 millions, from $818.20 millions in the fourth quarter. GIS is going from strength to strength, not just claiming above regular gain, and also improving pace, Madeline C. Thomas, a business researcher added.
Within Food Processing industry 2 other companies have achieved higher Operating Income quarter on quarter growth. While General Mills Inc 's Operating Income growth quarter on quarter, overall rank is 14. |
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Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
81.02 % |
4.07 % |
-51.8 % |
(Nov. 23, 2004) |
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GIS's I. Quarter Q/Q Operating Income Comment |
General Mills Inc achieved in the I. Quarter 2024 above company average sequential Operating Income rise of 13.66%, to $ 930.00 millions, from $818.20 millions in the fourth quarter. General Mills Inc is undergoing a remarkable growth, not just recording higher then regular increase, and additionally increasing pace.
Within Food Processing industry 2 other companies have achieved higher Operating Income quarter on quarter growth. While General Mills Inc 's Operating Income growth quarter on quarter, overall rank is 14. |
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General Mills Inc 's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending (Aug 27 2023) |
12 Months Ending (May 28 2023) |
12 Months Ending (Feb 26 2023) |
12 Months Ending (Nov 27 2022) |
12 Months Ending (Aug 28 2022) |
Cumulative Operating Income 12 Months Ending |
$ 3,278.20 |
$ 3,433.80 |
$ 3,631.70 |
$ 3,716.80 |
$ 3,717.10 |
Y / Y Operating Income Growth (TTM) |
-11.81 % |
-1.21 % |
20.75 % |
23.12 % |
18.55 % |
Year on Year Operating Income Growth Overall
Ranking |
# 1 |
# 11 |
# 269 |
# 1170 |
# 3 |
Seqeuential Operating Income Change (TTM) |
-4.53 % |
-5.45 % |
-2.29 % |
-0.01 % |
6.94 % |
Seq. Operating Income Growth (TTM) Overall
Ranking |
# 1 |
# 828 |
# 223 |
# 1109 |
# 2 |
Cumulative Operating Income growth
Comment |
General Mills Inc 's cumulative 12 months Operating Income continue to fall, but on the faster rate at -11.81% year on year, at Aug 27 2023 compare to the -1.21% decrease at May 28 2023. If the General Mills Inc 's fiscal year would end at Aug 27 2023, annual Operating Income would be $3,278 millions.
General Mills Inc achieved highest trailing twelve month year on year Operating Income growth. While Total ranking has impoved so far to 1, from total ranking in previous quarter at 11. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
45.67 % |
3.88 % |
-29.76 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
45.67 % |
3.88 % |
-29.76 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 0 |
Sector |
# 0 |
S&P 500 |
# 1 |
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Cumulative Operating Income growth
Comment |
General Mills Inc 's cumulative 12 months Operating Income continue to fall, but on the faster rate at -11.81% year on year, at Aug 27 2023 compare to the -1.21% decrease at May 28 2023. If the General Mills Inc 's fiscal year would end at Aug 27 2023, annual Operating Income would be $3,278 millions.
General Mills Inc achieved highest trailing twelve month year on year Operating Income growth. While Total ranking has impoved so far to 1, from total ranking in previous quarter at 11. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
45.67 % |
3.88 % |
-29.76 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
45.67 % |
3.88 % |
-29.76 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 0 |
Sector |
# 0 |
S&P 500 |
# 1 |
Companies with similar Operating Income fall for the quarter ending Aug 27 2023 within Consumer Non Cyclical Sector | Y/Y Change % | Operating Income for the quarter ending Aug 27 2023 | General Mills Inc | -14.33% | $ -14.333 millions | Ennis Inc | -14.88% | $ -14.881 millions | Chs Inc | -59.93% | $ -59.933 millions | Educational Development Corporation | -72.72% | $ -72.718 millions |
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