General Mills Gross Margin 2010-2024 | GIS
- General Mills average gross margin for 2023 was 33.44%, a 1.06% increase from 2022.
- General Mills average gross margin for 2022 was 33.09%, a 5.91% increase from 2021.
- General Mills average gross margin for 2021 was 35.17%, a 0.37% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.