OverviewSuggest Edit

General Mills is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is a supplier of branded and unbranded food products to the foodservice and commercial baking industries. General Mills has three segments: U.S. Retail, International, and Convenience Stores and Foodservice.

TypePublic
Founded1928
HQMinneapolis, US
Websitegeneralmills.com
Employee Ratings3.8
Culture scoreA+

Locations

General Mills is headquartered in
Minneapolis, United States

Location Map

Latest Updates

Employees (est.) (May 2019)40,000
Job Openings136
Revenue (FY, 2019)$16.9 B(+8%)
Share Price (May 2020)$63 (+2%)

Key People/Management at General Mills

Richard C. Allendorf

Richard C. Allendorf

General Counsel and Secretary, SVP
Jeffrey L. Harmening

Jeffrey L. Harmening

Chairman of the Board and CEO
Eric D. Sprunk

Eric D. Sprunk

Director
Jonathon J. Nudi

Jonathon J. Nudi

Group President, North America Retail
Bethany C. Quam

Bethany C. Quam

Group President, Pet
Sean N. Walker

Sean N. Walker

Group President, Asia & Latin America
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General Mills Office Locations

General Mills has offices in Minneapolis, Burzaco, San Fernando, Melbourne and in 8 other locations
Minneapolis, US (HQ)
1 General Mills Blvd
Melbourne, AU
4 Ricketts Rd
Sydney, AU
16 Kellogg Rd
São Paulo, BR
Minas Gerais, Paraná, Pernambuco, Rio Grande de Sul
Dublin, IE
Fonthill Rd
Berwick, GB
Berwick-upon-Tweed
Show all (12)

General Mills Financials and Metrics

General Mills Revenue

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General Mills's revenue was reported to be $16.87 b in FY, 2019
USD

Revenue (Q3, 2020)

4.2b

Gross profit (Q3, 2020)

1.4b

Gross profit margin (Q3, 2020), %

33.6%

Net income (Q3, 2020)

463.9m

EBIT (Q3, 2020)

650.8m

Market capitalization (29-May-2020)

38.2b

Closing stock price (29-May-2020)

63.0

Cash (23-Feb-2020)

606.9m

EV

51.2b
General Mills's current market capitalization is $38.2 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

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

Revenue growth, %

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

Cost of goods sold

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

Gross profit

5.9b6.0b6.0b6.4b6.4b5.9b5.8b5.6b5.4b5.8b
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, 2019

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

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

Net Income

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

Depreciation and Amortization

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

Inventories

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

Accounts Payable

69.6m109.0m12.1m263.6m191.5m145.8m318.7m99.5m575.3m162.4m
USDY, 2020

EV/EBIT

78.7 x

EV/CFO

23.7 x

Financial Leverage

3.8 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 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 Richard C. Allendorf, Jeffrey L. Harmening and Eric D. Sprunk.

  • How many employees does General Mills have?

    General Mills has 40,000 employees.

  • What is General Mills revenue?

    Latest General Mills annual revenue is $16.9 b.

  • What is General Mills revenue per employee?

    Latest General Mills revenue per employee is $421.6 k.

  • Who are General Mills competitors?

    Competitors of General Mills include Seneca Foods, ConAgra and Kerry.

  • 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, San Fernando, Melbourne and in 8 other locations.

  • How many offices does General Mills have?

    General Mills has 12 offices.