General Mills
GIS
#477
Rank
$40.29 B
Marketcap
$71.38
Share price
-0.32%
Change (1 day)
-19.34%
Change (1 year)
Categories

Operating Margin for General Mills (GIS)

Operating Margin as of April 2024 (TTM): 15.62%

According to General Mills's latest financial reports and stock price the company's current Operating Margin is 15.62%. At the end of 2022 the company had an Operating Margin of 17.14%.

Operating Margin history for General Mills from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202217.14%-7.77%
202118.58%9.99%
202016.90%1.02%
201916.73%-1.57%
201816.99%-3.91%
201717.69%8.07%
201616.37%10.07%
201514.87%-8.04%
201416.17%0.07%
201316.16%4.62%
201215.44%-17.31%
201118.68%4.77%
201017.83%12.74%
200915.81%-4.28%
200816.52%-1.62%
200716.79%-2.09%
200617.15%-3.21%
200517.72%-4.01%
200418.46%0.72%
200318.32%14.41%
200216.01%-3.06%
200116.52%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
8.95%-42.70%๐Ÿ‡บ๐Ÿ‡ธ USA
6.86%-56.08%๐Ÿ‡บ๐Ÿ‡ธ USA
10.54%-32.52%๐Ÿ‡บ๐Ÿ‡ธ USA
14.05%-10.05%๐Ÿ‡บ๐Ÿ‡ธ USA
5.47%-64.98%๐Ÿ‡บ๐Ÿ‡ธ USA
11.15%-28.62%๐Ÿ‡บ๐Ÿ‡ธ USA
2.68%-82.84%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.