Paying users zone. Data is covered by hidden.

  • Get to General Mills Inc. for $13.99, or

  • get to whole website for at least 3 months from $49.99.

Microsoft Excel LibreOffice Calc


DuPont Analysis: Decomposition of ROE

Difficulty: Beginner


Two-Component Disaggregation of ROE

General Mills Inc., decomposition of ROE

Microsoft Excel LibreOffice Calc
ROE = ROA × Leverage
May 27, 2018 hidden% hidden% hidden
May 28, 2017 hidden% hidden% hidden
May 29, 2016 hidden% hidden% hidden
May 31, 2015 hidden% hidden% hidden
May 25, 2014 hidden% hidden% hidden
May 26, 2013 hidden% hidden% hidden

Source: Based on data from General Mills Inc. Annual Reports

 

The primary reason for the decrease in Return on Equity (ROE) over 2018 year is the decrease in profitability measured by Return on Assets (ROA).


Three-Component Disaggregation of ROE

General Mills Inc., decomposition of ROE

Microsoft Excel LibreOffice Calc
ROE = Net Profit Margin × Asset Turnover × Leverage
May 27, 2018 hidden% hidden% hidden hidden
May 28, 2017 hidden% hidden% hidden hidden
May 29, 2016 hidden% hidden% hidden hidden
May 31, 2015 hidden% hidden% hidden hidden
May 25, 2014 hidden% hidden% hidden hidden
May 26, 2013 hidden% hidden% hidden hidden

Source: Based on data from General Mills Inc. Annual Reports

 

The primary reason for the decrease in Return on Equity (ROE) over 2018 year is the decrease in efficiency measured by Asset Turnover.


Five-Component Disaggregation of ROE

General Mills Inc., decomposition of ROE

Microsoft Excel LibreOffice Calc
ROE = Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Leverage
May 27, 2018 hidden% hidden hidden hidden% hidden hidden
May 28, 2017 hidden% hidden hidden hidden% hidden hidden
May 29, 2016 hidden% hidden hidden hidden% hidden hidden
May 31, 2015 hidden% hidden hidden hidden% hidden hidden
May 25, 2014 hidden% hidden hidden hidden% hidden hidden
May 26, 2013 hidden% hidden hidden hidden% hidden hidden

Source: Based on data from General Mills Inc. Annual Reports

 

The primary reason for the decrease in Return on Equity (ROE) over 2018 year is the decrease in efficiency measured by Asset Turnover.


Two-Way Decomposition of ROA

General Mills Inc., decomposition of ROA

Microsoft Excel LibreOffice Calc
ROA = Net Profit Margin × Asset Turnover
May 27, 2018 hidden% hidden% hidden
May 28, 2017 hidden% hidden% hidden
May 29, 2016 hidden% hidden% hidden
May 31, 2015 hidden% hidden% hidden
May 25, 2014 hidden% hidden% hidden
May 26, 2013 hidden% hidden% hidden

Source: Based on data from General Mills Inc. Annual Reports

 

The primary reason for the decrease in Return on Assets (ROA) over 2018 year is the decrease in Asset Turnover.


Four-Way Decomposition of ROA

General Mills Inc., decomposition of ROA

Microsoft Excel LibreOffice Calc
ROA = Tax Burden × Interest Burden × EBIT Margin × Asset Turnover
May 27, 2018 hidden% hidden hidden hidden% hidden
May 28, 2017 hidden% hidden hidden hidden% hidden
May 29, 2016 hidden% hidden hidden hidden% hidden
May 31, 2015 hidden% hidden hidden hidden% hidden
May 25, 2014 hidden% hidden hidden hidden% hidden
May 26, 2013 hidden% hidden hidden hidden% hidden

Source: Based on data from General Mills Inc. Annual Reports

 

The primary reason for the decrease in Return on Assets (ROA) over 2018 year is the decrease in efficiency measured by Asset Turnover.


Decomposition of Net Profit Margin

General Mills Inc., decomposition of Net Profit Margin

Microsoft Excel LibreOffice Calc
Net Profit Margin = Tax Burden × Interest Burden × EBIT Margin
May 27, 2018 hidden% hidden hidden hidden%
May 28, 2017 hidden% hidden hidden hidden%
May 29, 2016 hidden% hidden hidden hidden%
May 31, 2015 hidden% hidden hidden hidden%
May 25, 2014 hidden% hidden hidden hidden%
May 26, 2013 hidden% hidden hidden hidden%

Source: Based on data from General Mills Inc. Annual Reports

 

The primary reason for the increase in Net Profit Margin over 2018 year is the increase in effect of taxes measured by Tax Burden.