Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Based on: 10-Q (reporting date: 2019-11-24), 10-Q (reporting date: 2019-08-25), 10-K (reporting date: 2019-05-26), 10-Q (reporting date: 2019-02-24), 10-Q (reporting date: 2018-11-25), 10-Q (reporting date: 2018-08-26), 10-K (reporting date: 2018-05-27), 10-Q (reporting date: 2018-02-25), 10-Q (reporting date: 2017-11-26), 10-Q (reporting date: 2017-08-27), 10-K (reporting date: 2017-05-28), 10-Q (reporting date: 2017-02-26), 10-Q (reporting date: 2016-11-27), 10-Q (reporting date: 2016-08-28), 10-K (reporting date: 2016-05-29), 10-Q (reporting date: 2016-02-28), 10-Q (reporting date: 2015-11-29), 10-Q (reporting date: 2015-08-30), 10-K (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-22), 10-Q (reporting date: 2014-11-23), 10-Q (reporting date: 2014-08-24), 10-K (reporting date: 2014-05-25), 10-Q (reporting date: 2014-02-23), 10-Q (reporting date: 2013-11-24), 10-Q (reporting date: 2013-08-25).
Profitability ratio | Description | The company |
---|---|---|
Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | General Mills Inc. gross profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | General Mills Inc. operating profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | General Mills Inc. net profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | General Mills Inc. ROE improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
ROA | A profitability ratio calculated as net income divided by total assets. | General Mills Inc. ROA improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Gross Profit Margin
Nov 24, 2019 | Aug 25, 2019 | May 26, 2019 | Feb 24, 2019 | Nov 25, 2018 | Aug 26, 2018 | May 27, 2018 | Feb 25, 2018 | Nov 26, 2017 | Aug 27, 2017 | May 28, 2017 | Feb 26, 2017 | Nov 27, 2016 | Aug 28, 2016 | May 29, 2016 | Feb 28, 2016 | Nov 29, 2015 | Aug 30, 2015 | May 31, 2015 | Feb 22, 2015 | Nov 23, 2014 | Aug 24, 2014 | May 25, 2014 | Feb 23, 2014 | Nov 24, 2013 | Aug 25, 2013 | |||||||||
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Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
Gross margin | 1,569,100) | 1,389,500) | 1,461,300) | 1,443,000) | 1,509,700) | 1,342,800) | 1,419,100) | 1,255,300) | 1,443,000) | 1,310,100) | 1,319,700) | 1,307,700) | 1,519,500) | 1,416,900) | 1,376,800) | 1,357,500) | 1,540,600) | 1,554,600) | 1,515,500) | 1,375,900) | 1,619,100) | 1,438,700) | 1,482,400) | 1,512,700) | 1,761,700) | 1,613,000) | ||||||||
Net sales | 4,420,800) | 4,002,500) | 4,161,700) | 4,198,300) | 4,411,200) | 4,094,000) | 3,890,200) | 3,882,300) | 4,198,700) | 3,769,200) | 3,806,600) | 3,793,200) | 4,112,100) | 3,907,900) | 3,927,900) | 4,002,400) | 4,424,900) | 4,207,900) | 4,298,800) | 4,350,900) | 4,712,200) | 4,268,400) | 4,283,800) | 4,377,400) | 4,875,700) | 4,372,700) | ||||||||
Profitability Ratio | ||||||||||||||||||||||||||||||||||
Gross profit margin1 | 34.93% | 34.60% | 34.13% | 34.44% | 33.95% | 33.99% | 34.48% | 34.03% | 34.56% | 35.25% | 35.62% | 35.71% | 35.55% | 35.00% | 35.20% | 35.24% | 34.64% | 34.52% | 33.74% | 33.59% | 34.31% | 34.80% | 35.57% | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
Gross Profit Margin, Competitors2 | ||||||||||||||||||||||||||||||||||
Altria Group Inc. | 49.79% | 49.43% | 50.62% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Coca-Cola Co. | 60.04% | 60.66% | 60.77% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
PepsiCo Inc. | 55.28% | 55.15% | 55.13% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Philip Morris International Inc. | 65.83% | 65.41% | 64.73% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2019-11-24), 10-Q (reporting date: 2019-08-25), 10-K (reporting date: 2019-05-26), 10-Q (reporting date: 2019-02-24), 10-Q (reporting date: 2018-11-25), 10-Q (reporting date: 2018-08-26), 10-K (reporting date: 2018-05-27), 10-Q (reporting date: 2018-02-25), 10-Q (reporting date: 2017-11-26), 10-Q (reporting date: 2017-08-27), 10-K (reporting date: 2017-05-28), 10-Q (reporting date: 2017-02-26), 10-Q (reporting date: 2016-11-27), 10-Q (reporting date: 2016-08-28), 10-K (reporting date: 2016-05-29), 10-Q (reporting date: 2016-02-28), 10-Q (reporting date: 2015-11-29), 10-Q (reporting date: 2015-08-30), 10-K (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-22), 10-Q (reporting date: 2014-11-23), 10-Q (reporting date: 2014-08-24), 10-K (reporting date: 2014-05-25), 10-Q (reporting date: 2014-02-23), 10-Q (reporting date: 2013-11-24), 10-Q (reporting date: 2013-08-25).
1 Q2 2020 Calculation
Gross profit margin = 100
× (Gross marginQ2 2020
+ Gross marginQ1 2020
+ Gross marginQ4 2019
+ Gross marginQ3 2019)
÷ (Net salesQ2 2020
+ Net salesQ1 2020
+ Net salesQ4 2019
+ Net salesQ3 2019)
= 100 × (1,569,100 + 1,389,500 + 1,461,300 + 1,443,000)
÷ (4,420,800 + 4,002,500 + 4,161,700 + 4,198,300)
= 34.93%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | General Mills Inc. gross profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Operating Profit Margin
Nov 24, 2019 | Aug 25, 2019 | May 26, 2019 | Feb 24, 2019 | Nov 25, 2018 | Aug 26, 2018 | May 27, 2018 | Feb 25, 2018 | Nov 26, 2017 | Aug 27, 2017 | May 28, 2017 | Feb 26, 2017 | Nov 27, 2016 | Aug 28, 2016 | May 29, 2016 | Feb 28, 2016 | Nov 29, 2015 | Aug 30, 2015 | May 31, 2015 | Feb 22, 2015 | Nov 23, 2014 | Aug 24, 2014 | May 25, 2014 | Feb 23, 2014 | Nov 24, 2013 | Aug 25, 2013 | |||||||||
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Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
Operating profit | 811,200) | 662,400) | 716,100) | 651,300) | 547,000) | 601,500) | 561,000) | 592,700) | 729,800) | 625,800) | 609,200) | 542,500) | 768,900) | 645,800) | 532,100) | 586,300) | 905,700) | 683,300) | 423,600) | 537,200) | 559,000) | 557,500) | 681,900) | 670,600) | 870,100) | 734,800) | ||||||||
Net sales | 4,420,800) | 4,002,500) | 4,161,700) | 4,198,300) | 4,411,200) | 4,094,000) | 3,890,200) | 3,882,300) | 4,198,700) | 3,769,200) | 3,806,600) | 3,793,200) | 4,112,100) | 3,907,900) | 3,927,900) | 4,002,400) | 4,424,900) | 4,207,900) | 4,298,800) | 4,350,900) | 4,712,200) | 4,268,400) | 4,283,800) | 4,377,400) | 4,875,700) | 4,372,700) | ||||||||
Profitability Ratio | ||||||||||||||||||||||||||||||||||
Operating profit margin1 | 16.93% | 15.36% | 14.92% | 14.23% | 14.14% | 15.47% | 15.94% | 16.33% | 16.11% | 16.45% | 16.43% | 15.81% | 15.88% | 16.42% | 16.35% | 15.35% | 14.75% | 12.54% | 11.78% | 13.26% | 14.00% | 15.61% | 16.51% | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
Operating Profit Margin, Competitors2 | ||||||||||||||||||||||||||||||||||
Altria Group Inc. | 41.04% | 40.34% | 41.12% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Coca-Cola Co. | 26.29% | 26.98% | 27.06% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
PepsiCo Inc. | 14.48% | 14.98% | 15.32% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Philip Morris International Inc. | 37.09% | 37.31% | 35.33% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2019-11-24), 10-Q (reporting date: 2019-08-25), 10-K (reporting date: 2019-05-26), 10-Q (reporting date: 2019-02-24), 10-Q (reporting date: 2018-11-25), 10-Q (reporting date: 2018-08-26), 10-K (reporting date: 2018-05-27), 10-Q (reporting date: 2018-02-25), 10-Q (reporting date: 2017-11-26), 10-Q (reporting date: 2017-08-27), 10-K (reporting date: 2017-05-28), 10-Q (reporting date: 2017-02-26), 10-Q (reporting date: 2016-11-27), 10-Q (reporting date: 2016-08-28), 10-K (reporting date: 2016-05-29), 10-Q (reporting date: 2016-02-28), 10-Q (reporting date: 2015-11-29), 10-Q (reporting date: 2015-08-30), 10-K (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-22), 10-Q (reporting date: 2014-11-23), 10-Q (reporting date: 2014-08-24), 10-K (reporting date: 2014-05-25), 10-Q (reporting date: 2014-02-23), 10-Q (reporting date: 2013-11-24), 10-Q (reporting date: 2013-08-25).
1 Q2 2020 Calculation
Operating profit margin = 100
× (Operating profitQ2 2020
+ Operating profitQ1 2020
+ Operating profitQ4 2019
+ Operating profitQ3 2019)
÷ (Net salesQ2 2020
+ Net salesQ1 2020
+ Net salesQ4 2019
+ Net salesQ3 2019)
= 100 × (811,200 + 662,400 + 716,100 + 651,300)
÷ (4,420,800 + 4,002,500 + 4,161,700 + 4,198,300)
= 16.93%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | General Mills Inc. operating profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Net Profit Margin
Nov 24, 2019 | Aug 25, 2019 | May 26, 2019 | Feb 24, 2019 | Nov 25, 2018 | Aug 26, 2018 | May 27, 2018 | Feb 25, 2018 | Nov 26, 2017 | Aug 27, 2017 | May 28, 2017 | Feb 26, 2017 | Nov 27, 2016 | Aug 28, 2016 | May 29, 2016 | Feb 28, 2016 | Nov 29, 2015 | Aug 30, 2015 | May 31, 2015 | Feb 22, 2015 | Nov 23, 2014 | Aug 24, 2014 | May 25, 2014 | Feb 23, 2014 | Nov 24, 2013 | Aug 25, 2013 | |||||||||
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Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
Net earnings attributable to General Mills | 580,800) | 520,600) | 570,200) | 446,800) | 343,400) | 392,300) | 354,400) | 941,400) | 430,500) | 404,700) | 408,900) | 357,800) | 481,800) | 409,000) | 379,600) | 361,700) | 529,500) | 426,600) | 186,800) | 343,200) | 346,100) | 345,200) | 404,600) | 410,600) | 549,900) | 459,300) | ||||||||
Net sales | 4,420,800) | 4,002,500) | 4,161,700) | 4,198,300) | 4,411,200) | 4,094,000) | 3,890,200) | 3,882,300) | 4,198,700) | 3,769,200) | 3,806,600) | 3,793,200) | 4,112,100) | 3,907,900) | 3,927,900) | 4,002,400) | 4,424,900) | 4,207,900) | 4,298,800) | 4,350,900) | 4,712,200) | 4,268,400) | 4,283,800) | 4,377,400) | 4,875,700) | 4,372,700) | ||||||||
Profitability Ratio | ||||||||||||||||||||||||||||||||||
Net profit margin1 | 12.62% | 11.21% | 10.39% | 9.26% | 12.48% | 13.19% | 13.54% | 13.96% | 10.29% | 10.68% | 10.61% | 10.34% | 10.23% | 10.33% | 10.25% | 8.89% | 8.60% | 7.41% | 6.93% | 8.17% | 8.54% | 9.61% | 10.19% | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
Net Profit Margin, Competitors2 | ||||||||||||||||||||||||||||||||||
Altria Group Inc. | -3.57% | -3.33% | -5.15% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Coca-Cola Co. | 26.77% | 26.95% | 23.94% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
PepsiCo Inc. | 10.13% | 10.62% | 10.89% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Philip Morris International Inc. | 24.98% | 25.35% | 24.11% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2019-11-24), 10-Q (reporting date: 2019-08-25), 10-K (reporting date: 2019-05-26), 10-Q (reporting date: 2019-02-24), 10-Q (reporting date: 2018-11-25), 10-Q (reporting date: 2018-08-26), 10-K (reporting date: 2018-05-27), 10-Q (reporting date: 2018-02-25), 10-Q (reporting date: 2017-11-26), 10-Q (reporting date: 2017-08-27), 10-K (reporting date: 2017-05-28), 10-Q (reporting date: 2017-02-26), 10-Q (reporting date: 2016-11-27), 10-Q (reporting date: 2016-08-28), 10-K (reporting date: 2016-05-29), 10-Q (reporting date: 2016-02-28), 10-Q (reporting date: 2015-11-29), 10-Q (reporting date: 2015-08-30), 10-K (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-22), 10-Q (reporting date: 2014-11-23), 10-Q (reporting date: 2014-08-24), 10-K (reporting date: 2014-05-25), 10-Q (reporting date: 2014-02-23), 10-Q (reporting date: 2013-11-24), 10-Q (reporting date: 2013-08-25).
1 Q2 2020 Calculation
Net profit margin = 100
× (Net earnings attributable to General MillsQ2 2020
+ Net earnings attributable to General MillsQ1 2020
+ Net earnings attributable to General MillsQ4 2019
+ Net earnings attributable to General MillsQ3 2019)
÷ (Net salesQ2 2020
+ Net salesQ1 2020
+ Net salesQ4 2019
+ Net salesQ3 2019)
= 100 × (580,800 + 520,600 + 570,200 + 446,800)
÷ (4,420,800 + 4,002,500 + 4,161,700 + 4,198,300)
= 12.62%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | General Mills Inc. net profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Return on Equity (ROE)
Nov 24, 2019 | Aug 25, 2019 | May 26, 2019 | Feb 24, 2019 | Nov 25, 2018 | Aug 26, 2018 | May 27, 2018 | Feb 25, 2018 | Nov 26, 2017 | Aug 27, 2017 | May 28, 2017 | Feb 26, 2017 | Nov 27, 2016 | Aug 28, 2016 | May 29, 2016 | Feb 28, 2016 | Nov 29, 2015 | Aug 30, 2015 | May 31, 2015 | Feb 22, 2015 | Nov 23, 2014 | Aug 24, 2014 | May 25, 2014 | Feb 23, 2014 | Nov 24, 2013 | Aug 25, 2013 | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
Net earnings attributable to General Mills | 580,800) | 520,600) | 570,200) | 446,800) | 343,400) | 392,300) | 354,400) | 941,400) | 430,500) | 404,700) | 408,900) | 357,800) | 481,800) | 409,000) | 379,600) | 361,700) | 529,500) | 426,600) | 186,800) | 343,200) | 346,100) | 345,200) | 404,600) | 410,600) | 549,900) | 459,300) | ||||||||
Stockholders’ equity | 7,712,300) | 7,382,800) | 7,054,500) | 6,930,400) | 6,651,800) | 6,225,100) | 6,141,100) | 4,965,600) | 4,230,700) | 3,903,800) | 4,327,900) | 4,063,400) | 4,180,600) | 4,908,300) | 4,930,200) | 4,888,800) | 4,797,000) | 4,949,100) | 4,996,700) | 5,441,200) | 5,672,300) | 6,202,300) | 6,534,800) | 6,307,700) | 6,633,400) | 6,824,300) | ||||||||
Profitability Ratio | ||||||||||||||||||||||||||||||||||
ROE1 | 27.47% | 25.48% | 24.85% | 22.18% | 30.54% | 34.03% | 34.70% | 44.01% | 37.86% | 42.35% | 38.30% | 40.07% | 39.04% | 34.22% | 34.43% | 30.78% | 30.98% | 26.32% | 24.44% | 26.45% | 26.56% | 27.58% | 27.92% | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
ROE, Competitors2 | ||||||||||||||||||||||||||||||||||
Altria Group Inc. | -16.07% | -13.16% | -20.78% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Coca-Cola Co. | 52.56% | 55.17% | 46.99% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
PepsiCo Inc. | 54.84% | 53.76% | 49.47% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Philip Morris International Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2019-11-24), 10-Q (reporting date: 2019-08-25), 10-K (reporting date: 2019-05-26), 10-Q (reporting date: 2019-02-24), 10-Q (reporting date: 2018-11-25), 10-Q (reporting date: 2018-08-26), 10-K (reporting date: 2018-05-27), 10-Q (reporting date: 2018-02-25), 10-Q (reporting date: 2017-11-26), 10-Q (reporting date: 2017-08-27), 10-K (reporting date: 2017-05-28), 10-Q (reporting date: 2017-02-26), 10-Q (reporting date: 2016-11-27), 10-Q (reporting date: 2016-08-28), 10-K (reporting date: 2016-05-29), 10-Q (reporting date: 2016-02-28), 10-Q (reporting date: 2015-11-29), 10-Q (reporting date: 2015-08-30), 10-K (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-22), 10-Q (reporting date: 2014-11-23), 10-Q (reporting date: 2014-08-24), 10-K (reporting date: 2014-05-25), 10-Q (reporting date: 2014-02-23), 10-Q (reporting date: 2013-11-24), 10-Q (reporting date: 2013-08-25).
1 Q2 2020 Calculation
ROE = 100
× (Net earnings attributable to General MillsQ2 2020
+ Net earnings attributable to General MillsQ1 2020
+ Net earnings attributable to General MillsQ4 2019
+ Net earnings attributable to General MillsQ3 2019)
÷ Stockholders’ equity
= 100 × (580,800 + 520,600 + 570,200 + 446,800)
÷ 7,712,300 = 27.47%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | General Mills Inc. ROE improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Return on Assets (ROA)
Nov 24, 2019 | Aug 25, 2019 | May 26, 2019 | Feb 24, 2019 | Nov 25, 2018 | Aug 26, 2018 | May 27, 2018 | Feb 25, 2018 | Nov 26, 2017 | Aug 27, 2017 | May 28, 2017 | Feb 26, 2017 | Nov 27, 2016 | Aug 28, 2016 | May 29, 2016 | Feb 28, 2016 | Nov 29, 2015 | Aug 30, 2015 | May 31, 2015 | Feb 22, 2015 | Nov 23, 2014 | Aug 24, 2014 | May 25, 2014 | Feb 23, 2014 | Nov 24, 2013 | Aug 25, 2013 | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
Net earnings attributable to General Mills | 580,800) | 520,600) | 570,200) | 446,800) | 343,400) | 392,300) | 354,400) | 941,400) | 430,500) | 404,700) | 408,900) | 357,800) | 481,800) | 409,000) | 379,600) | 361,700) | 529,500) | 426,600) | 186,800) | 343,200) | 346,100) | 345,200) | 404,600) | 410,600) | 549,900) | 459,300) | ||||||||
Total assets | 30,452,400) | 30,313,200) | 30,111,200) | 30,285,800) | 30,384,000) | 30,554,800) | 30,624,000) | 22,240,600) | 22,191,500) | 22,209,600) | 21,812,600) | 21,670,300) | 21,602,100) | 21,913,100) | 21,712,300) | 21,631,600) | 21,588,700) | 22,322,900) | 21,964,500) | 23,383,100) | 24,203,700) | 23,372,800) | 23,145,700) | 22,925,000) | 23,152,100) | 22,944,600) | ||||||||
Profitability Ratio | ||||||||||||||||||||||||||||||||||
ROA1 | 6.96% | 6.21% | 5.82% | 5.07% | 6.69% | 6.93% | 6.96% | 9.83% | 7.22% | 7.44% | 7.60% | 7.51% | 7.56% | 7.67% | 7.82% | 6.96% | 6.88% | 5.84% | 5.56% | 6.15% | 6.22% | 7.32% | 7.88% | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
ROA, Competitors2 | ||||||||||||||||||||||||||||||||||
Altria Group Inc. | -1.82% | -1.64% | -2.62% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Coca-Cola Co. | 9.70% | 10.65% | 10.33% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
PepsiCo Inc. | 7.65% | 8.51% | 9.31% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Philip Morris International Inc. | 18.60% | 20.42% | 16.76% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2019-11-24), 10-Q (reporting date: 2019-08-25), 10-K (reporting date: 2019-05-26), 10-Q (reporting date: 2019-02-24), 10-Q (reporting date: 2018-11-25), 10-Q (reporting date: 2018-08-26), 10-K (reporting date: 2018-05-27), 10-Q (reporting date: 2018-02-25), 10-Q (reporting date: 2017-11-26), 10-Q (reporting date: 2017-08-27), 10-K (reporting date: 2017-05-28), 10-Q (reporting date: 2017-02-26), 10-Q (reporting date: 2016-11-27), 10-Q (reporting date: 2016-08-28), 10-K (reporting date: 2016-05-29), 10-Q (reporting date: 2016-02-28), 10-Q (reporting date: 2015-11-29), 10-Q (reporting date: 2015-08-30), 10-K (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-22), 10-Q (reporting date: 2014-11-23), 10-Q (reporting date: 2014-08-24), 10-K (reporting date: 2014-05-25), 10-Q (reporting date: 2014-02-23), 10-Q (reporting date: 2013-11-24), 10-Q (reporting date: 2013-08-25).
1 Q2 2020 Calculation
ROA = 100
× (Net earnings attributable to General MillsQ2 2020
+ Net earnings attributable to General MillsQ1 2020
+ Net earnings attributable to General MillsQ4 2019
+ Net earnings attributable to General MillsQ3 2019)
÷ Total assets
= 100 × (580,800 + 520,600 + 570,200 + 446,800)
÷ 30,452,400 = 6.96%
2 Click competitor name to see calculations.
Profitability ratio | Description | The company |
---|---|---|
ROA | A profitability ratio calculated as net income divided by total assets. | General Mills Inc. ROA improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |