Similar companies
| Company | Revenue | |
|---|---|---|
 |
Lamb WestonLW |
1.59B 3.8% |
 |
Conagra BrandsCAG |
3.09B 15% |
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 5.24B | 10.9% |
| Gross Profit | 1.09B | 51.2% |
| Cost of Revenue | 4.15B | 3.6% |
| Operating expense | 853M | 0.5% |
| Net Income | 796M | 37.2% |
| EBITDA | 1.08B | 9.4% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 33.4B | 5.1% |
| Total Liabilities | 23.9B | 7.7% |
| Total Equity | 9.2B | 0.8% |
| Shares Outstanding | 557M | 0.6% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.15B | 84.3% |
| Cash from investing | -158M | 6.7% |
| Cash from financing | 852M | 298.3% |
EPS
Financial Highlights for General Mills in Q4 '24
General Mills reported a revenue of 5.24B, which is a 10.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.09B, marking a 51.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.15B, a 3.6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 853M, showing a -0.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 796M, showing a 37.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.08B, showing a 9.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for General Mills with growth in revenue, gross profit, and net income.
