OverviewSuggest Edit

General Mills is a company manufacturing and marketing branded consumer foods. It operates in five segments: North America Retail, Convenience Stores & Foodservice, Europe & Australia, Asia & Latin America, and Pet. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, snack bars, fruit snacks, nutrition bars, and savory snacks, as well as organic products, including refrigerated yogurt, frozen and shelf-stable vegetables, meal kits, salty snacks, ready-to-eat cereal, and grain snacks. It also supplies branded and unbranded food products to the North American foodservice and commercial baking industries; and manufactures and markets pet food products, including dog and cat food. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, BLUE Basics, BLUE Freedom, BLUE Wilderness, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Haagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberta, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Yoki, and Yoplait trademarks.
TypePublic
Founded1928
HQMinneapolis, US
Websitegeneralmills.com
Employee Ratings4
Overall CultureA+

Locations

General Mills is headquartered in
Minneapolis, United States

Location Map

Latest Updates

Employees (est.) (May 2020)35,000(-12%)
Job Openings123
Revenue (FY, 2020)$17.6 B(+5%)
Share Price (Nov 2020)$61
Cybersecurity ratingBMore

Key People/Management at General Mills

Jeffrey L. Harmening

Jeffrey L. Harmening

Chairman of the Board and CEO
Eric D. Sprunk

Eric D. Sprunk

Director
Richard C. Allendorf

Richard C. Allendorf

General Counsel and Secretary, SVP
Jodi Benson

Jodi Benson

Chief Innovation, Technology and Quality Officer, SVP
Kofi Bruce

Kofi Bruce

Chief Financial Officer
John R. Church

John R. Church

Chief Supply Chain Officer and Global Business Solutions Officer
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General Mills Office Locations

General Mills has offices in Minneapolis, Burzaco, Victoria, Melbourne and in 28 other locations
Minneapolis, US (HQ)
1 General Mills Blvd
Burzaco, AR
Juan XXIII 2472
Victoria, AR
Uruguay 3675
Melbourne, AU
4 Ricketts Rd
Sydney, AU
16 Kellogg Rd
Recife, BR
Av. Getúlio Vargas, 635 - Curado
Show all (33)

General Mills Financials and Metrics

General Mills Revenue

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General Mills's revenue was reported to be $17.63 b in FY, 2020
USD

Revenue (FY, 2020)

17.6b

Gross profit (FY, 2020)

6.1b

Gross profit margin (FY, 2020), %

34.8%

Net income (FY, 2020)

2.2b

EBIT (FY, 2020)

3.0b

Market capitalization (13-Nov-2020)

37.3b

Closing stock price (13-Nov-2020)

61.0

Cash (31-May-2020)

1.7b

EV

37.9b
General Mills's current market capitalization is $37.3 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

14.8b14.9b16.7b17.8b17.9b17.6b16.6b15.6b15.7b16.9b17.6b

Revenue growth, %

(2%)(6%)(6%)

Cost of goods sold

8.9b8.9b10.6b11.4b11.5b11.7b10.7b10.1b10.3b11.1b11.5b

Gross profit

5.9b6.0b6.0b6.4b6.4b5.9b5.8b5.6b5.4b5.8b6.1b
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

3.5b4.1b3.6b4.6b4.1b4.1b4.9b4.4b4.4b4.9b4.4b4.3b4.7b4.4b4.2b4.4b4.0b3.9b4.1b3.8b3.8b4.2b3.9b4.1b4.4b4.2b4.0b4.4b4.2b

Cost of goods sold

2.0b2.4b2.2b3.0b2.6b2.4b3.1b2.9b2.8b3.1b2.9b2.8b3.1b3.0b2.7b2.9b2.6b2.5b2.6b2.5b2.5b2.8b2.6b2.8b2.9b2.8b2.9b2.8b

Gross profit

1.5b1.6b1.4b1.6b1.5b1.6b1.7b1.5b1.6b1.8b1.5b1.4b1.6b1.4b1.6b1.5b1.4b1.4b1.5b1.3b1.3b1.4b1.3b1.3b1.5b1.4b1.6b1.4b

Gross profit Margin, %

43%40%39%34%37%40%36%34%37%36%35%34%34%32%37%35%34%36%37%34%35%34%32%33%34%34%35%34%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

673.2m619.6m471.2m741.4m867.3m334.2m763.7m766.1m399.0m450.0m1.7b

Accounts Receivable

1.0b1.2b1.3b1.4b30.2m1.7b1.7b1.6b

Prepaid Expenses

378.5m161.0m358.1m437.6m398.3m497.5m402.1m

Inventories

1.3b1.6b1.5b1.5b1.6b1.5b1.4b1.5b1.6b1.6b1.4b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.5b1.8b1.6b1.9b1.9b1.3b1.7b1.7b2.2b1.8b2.2b

Depreciation and Amortization

457.1m472.6m541.5m588.0m603.6m618.8m620.1m594.7m

Inventories

(16.7m)(240.0m)144.5m18.7m(88.3m)(24.2m)(146.1m)(61.5m)15.6m53.7m103.1m

Accounts Payable

69.6m109.0m12.1m263.6m191.5m145.8m318.7m99.5m575.3m162.4m392.5m
USDFY, 2010

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.1 x
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General Mills Operating Metrics

FY, 2015FY, 2016FY, 2017

Countries

7 8 9

Facilities

66 59 52

Ice Cream Parlors

481 530 433

Warehouse Space, square feet

12 m12 m12 m
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General Mills Acquisitions / Subsidiaries

Company NameDateDeal Size
Blue Buffalo Pet ProductsFebruary 23, 2018$8 b

General Mills Revenue Breakdown

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General Mills revenue breakdown by business segment: 65.3% from North America Retail, 12.0% from Convenience Stores & Foodservice, 11.7% from Europe & Australia and 11.1% from Asia & Latin America

General Mills Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

General Mills Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

General Mills Online and Social Media Presence

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General Mills Company Culture

  • Overall Culture

    A+

    79/100

  • CEO Rating

    A+

    82/100

  • Compensation

    A+

    85/100

  • Diversity

    A

    77/100

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General Mills Frequently Asked Questions

  • When was General Mills founded?

    General Mills was founded in 1928.

  • Who are General Mills key executives?

    General Mills's key executives are Jeffrey L. Harmening, Eric D. Sprunk and Richard C. Allendorf.

  • How many employees does General Mills have?

    General Mills has 35,000 employees.

  • What is General Mills revenue?

    Latest General Mills annual revenue is $17.6 b.

  • What is General Mills revenue per employee?

    Latest General Mills revenue per employee is $503.6 k.

  • Who are General Mills competitors?

    Competitors of General Mills include Hormel Foods, Post Holdings and Strauss Group.

  • Where is General Mills headquarters?

    General Mills headquarters is located at 1 General Mills Blvd, Minneapolis.

  • Where are General Mills offices?

    General Mills has offices in Minneapolis, Burzaco, Victoria, Melbourne and in 28 other locations.

  • How many offices does General Mills have?

    General Mills has 33 offices.