General Mills
GIS
#477
Rank
NZ$67.48 B
Marketcap
$121.24
Share price
1.76%
Change (1 day)
8.64%
Change (1 year)
Categories

Operating Margin for General Mills (GIS)

Operating Margin as of September 2024 (TTM): 15.25%

According to General Mills's latest financial reports and stock price the company's current Operating Margin is 15.25%. At the end of 2023 the company had an Operating Margin of 17.60%.

Operating Margin history for General Mills from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202317.60%-6.96%
202218.92%4.39%
202118.12%3.96%
202017.43%12.67%
201915.47%-3.4%
201816.02%-2.79%
201716.48%0.49%
201616.39%38.27%
201511.86%-28.58%
201416.60%3.02%
201316.12%4.36%
201215.44%-17.4%
201118.70%6.35%
201017.58%10.06%
200915.97%-2.12%
200816.32%-1.34%
200716.54%-2.46%
200616.96%-16.34%
200520.27%9.83%
200418.46%0.72%
200318.32%19.68%
200215.31%-31.38%
200122.31%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
8.64%-43.34%๐Ÿ‡บ๐Ÿ‡ธ USA
16.75% 9.84%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.35%-102.30%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.10%-100.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.21%-147.28%๐Ÿ‡บ๐Ÿ‡ธ USA
5.61%-63.21%๐Ÿ‡บ๐Ÿ‡ธ USA
9.96%-34.69%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.