Company / Operating Income
General Mills Operating Income History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$3.3B
FY2024
5-year range
$3.3B / $3.5B
FY2020-FY2024
Trend
-3.7%
vs FY2023
Sector context
#11 of 72
Consumer Staples
What the data says
General Mills's operating income of $3.3B is higher than 85% of companies in the Consumer Staples sector (FY2024). Operating Income has declined for 3 consecutive years, from $3.5B in FY2021 to $3.3B in FY2024.
Based on SEC 10-K filings.
$3.3B in FY2024 with a 5-year CAGR of +2.3%. Top quartile in the Consumer Staples sector.
Declined from $3.4B to $3.3B over the past 2 years.
Consumer Staples sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -1.7%
- 5-Year CAGR
- +2.3%
- 10-Year CAGR
- -
Sector benchmark
+94.2% above sector average
Key checks
Key Insights
- General Mills's operating income has declined for 3 consecutive years.
- 5-year CAGR of +2.3%, indicating consistent growth.
- In FY2024, operating income decreased 3.7% year-over-year.
- Ranks #11 out of 72 companies in the Consumer Staples sector.
Company context
Key Data Points
- Altman Z-Score 0.81 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $3.3B | -3.7% |
| FY2023 | $3.4B | -0.1% |
| FY2022 | $3.4B | -1.2% |
| FY2021 | $3.5B | +10.5% |
| FY2020 | $3.1B | +6.5% |
| FY2019 | $3.0B | +17.4% |
| FY2018 | $2.5B | +4.0% |
| FY2017 | $2.4B | -2.9% |
| FY2016 | $2.5B | -8.0% |
As of FY2024 · SEC 10-K · Updated Mar 8, 2026