General Mills is a manufacturer and marketer of branded consumer foods. Co.'s business is focused on snacks, ready-to-eat cereal, convenient meals, wholesome natural pet food, refrigerated and frozen dough, baking mixes and ingredients, yogurt, and ice cream categories. Co.'s segments include: North America Retail, which reflects business with a variety of grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, convenience stores, and e-commerce grocery providers; International, which reflects retail and foodservice business outside of the U.S. and Canada; and Pet, which includes pet food products sold primarily in the U.S. and Canada. We show 53 historical shares outstanding datapoints in our GIS shares outstanding history coverage, used to compute GIS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing General Mills market cap history over the course of time is important for investors
interested in comparing General Mills's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of General Mills versus a peer is one thing; comparing
General Mills market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like General Mills can fluctuate over the course of history.
With this page we aim to empower investors researching General Mills by allowing them to research the General Mills market cap history. |
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