General Mills, Inc. is a global manufacturer and marketer of branded consumer foods with more than 100 brands in 100 countries across six continents. Its segments include North America Retail, International, Pet and North America Foodservice. The North America Retail segment 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. The International segment reflects retail and foodservice businesses outside of the U.S. and Canada. Its product categories include super-premium ice cream and frozen desserts, meal kits and others. We show 57 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 GIS market cap history over the course of time is important for investors
interested in comparing GIS'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 GIS versus a peer is one thing; comparing
GIS 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 GIS can fluctuate over the course of history.
With this page we aim to empower investors researching GIS by allowing them to research the GIS market cap history. |
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Video: The Importance of Market Cap
