General Mills (Food Products) Overview
- Year Founded
-
1928
- Status
-
Public
- Employees
-
34,000
- Stock Symbol
-
GIS
- Investments
-
49
- Share Price
-
$66.26
- (As of Friday Closing)
General Mills (Food Products) General Information
Description
General Mills is a global packaged food company that produces snacks, cereal, convenient meals, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2024, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. Although most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.
Contact Information
Website
www.generalmills.comCorporate Office
- Number One General Mills Boulevard
- Minneapolis, MN 55426
- United States
Corporate Office
- Number One General Mills Boulevard
- Minneapolis, MN 55426
- United States
General Mills (Food Products) Timeline
General Mills (Food Products) Stock Performance
As of 29-Nov-2024, General Mills (Food Products)’s stock price is $66.26. Its current market cap is $36.8B with 555M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $66.26 | $66.23 | $61.48 - $75.90 | $36.8B | 555M | 3.74M | $4.22 |
General Mills (Food Products) Financials Summary
As of 31-Aug-2024, General Mills (Food Products) has a trailing 12-month revenue of $19.8B.
|
In Thousands, USD |
TTM 31-Aug-2024 | FY 2024 31-May-2024 | FY 2023 31-May-2023 | FY 2022 31-May-2022 |
|---|---|---|---|---|
| EV | 53,386,937 | 50,992,627 | 60,649,454 | 53,752,610 |
| Revenue | 19,800,600 | 19,857,200 | 20,094,200 | 18,992,800 |
| EBITDA | 3,961,000 | 4,060,200 | 4,069,200 | 4,159,500 |
| Net Income | 2,403,000 | 2,496,600 | 2,593,900 | 2,707,300 |
| Total Assets | 31,769,200 | 31,469,900 | 31,451,700 | 31,090,100 |
| Total Debt | 13,320,400 | 13,315,100 | 12,064,800 | 11,975,400 |
General Mills (Food Products) Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
General Mills (Food Products) Comparisons
Industry
Financing
Details
General Mills (Food Products) Competitors (60)
One of General Mills (Food Products)’s 60 competitors is Hormel Foods, a Corporation company based in Austin, MN.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Hormel Foods | Corporation | Austin, MN | ||||
| The Hershey | Corporation | Hershey, PA | ||||
| Kellanova | Corporate Backed or Acquired | Battle Creek, MI | ||||
| Mondelēz Global | Corporation | Chicago, IL | ||||
| The Campbells | Corporation | Camden, NJ |
General Mills (Food Products) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
General Mills (Food Products) Patents
General Mills (Food Products) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12121936-B1 | Processing system for handling pieces of product | Active | 31-May-2023 | ||
| US-20240382643-A1 | Aroma device applications | Pending | 15-May-2023 | ||
| US-20240367423-A1 | Recyclable polyethylene cold seal film for food packaging | Pending | 03-May-2023 | ||
| US-20240367915-A1 | Assembly and method for supplying product based on weight | Pending | 01-May-2023 | ||
| US-20240324634-A1 | Extruded high insoluble fiber food and high total fiber pieces and methods of making | Pending | 03-Apr-2023 | A23L7/122 |
General Mills (Food Products) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
General Mills (Food Products) Investments & Acquisitions (49)
General Mills (Food Products)’s most recent deal was a Merger/Acquisition with Cloud Star for . The deal was made on 14-Nov-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Cloud Star | 14-Nov-2024 | Merger/Acquisition | Other Consumer Non-Durables | ||
| Edgard & Cooper | 30-Apr-2024 | Merger/Acquisition | Other Consumer Non-Durables | ||
| Smalls | 01-May-2023 | Later Stage VC | Other Consumer Non-Durables | ||
| BeeHero | 01-Dec-2022 | Later Stage VC | Electronic Equipment and Instruments | ||
| GrubMarket | 28-Nov-2022 | Later Stage VC | Distributors/Wholesale |
General Mills (Food Products) Subsidiaries (20)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Edgard & Cooper | Other Consumer Non-Durables | Kortrijk, Belgium | 2014 |
| EPIC Provisions | Food Products | Austin, TX | |
| 301 | Corporate Venture Capital | Minneapolis, MN | |
| The General Mills Retiree Health Plan for Union Employees | Corporate Pension | Minneapolis, MN | |
| Blue Buffalo | Other Consumer Non-Durables | Wilton, CT |
General Mills (Food Products) ESG
Risk Overview
Risk Rating
Updated June, 11, 2024
25.84 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,035
Rank
Percentile
Food Products
Industry
of 569
Rank
Percentile
Packaged Foods
Subindustry
of 337
Rank
Percentile
General Mills (Food Products) Exits (23)
General Mills (Food Products)’s most recent exit was on 05-Feb-2020 from Gathered Foods. The exit was categorized as with 11 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Gathered Foods | 05-Feb-2020 | Completed |
|
||
| Beyond Meat | 20-Oct-2016 | Completed |
|
||
| Carolina Administracao e Participacoes Societarias | 23-Dec-2015 | Completed |
|
||
| FoodShouldTasteGood | 29-Feb-2012 | Completed |
|
||
| Beyond Meat | 01-Jan-2012 | Early Stage VC | Completed |
|
General Mills (Food Products) FAQs
-
When was General Mills (Food Products) founded?
General Mills (Food Products) was founded in 1928.
-
Where is General Mills (Food Products) headquartered?
General Mills (Food Products) is headquartered in Minneapolis, MN.
-
What is the size of General Mills (Food Products)?
General Mills (Food Products) has 34,000 total employees.
-
What industry is General Mills (Food Products) in?
General Mills (Food Products)’s primary industry is Food Products.
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Is General Mills (Food Products) a private or public company?
General Mills (Food Products) is a Public company.
-
What is General Mills (Food Products)’s stock symbol?
The ticker symbol for General Mills (Food Products) is GIS.
-
What is the current stock price of General Mills (Food Products)?
As of 29-Nov-2024 the stock price of General Mills (Food Products) is $66.26.
-
What is the current market cap of General Mills (Food Products)?
The current market capitalization of General Mills (Food Products) is $36.8B.
-
What is General Mills (Food Products)’s current revenue?
The trailing twelve month revenue for General Mills (Food Products) is $19.8B.
-
Who are General Mills (Food Products)’s competitors?
Hormel Foods, The Hershey, Kellanova, Mondelēz Global, and The Campbells are some of the 60 competitors of General Mills (Food Products).
-
What is General Mills (Food Products)’s annual earnings per share (EPS)?
General Mills (Food Products)’s EPS for 12 months was $4.22.
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