Flagship explainer

What drives GENERAL MILLS, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−1%Tax burden−22%net income ÷ pretax incomeInterest burden46%pretax ÷ operating incomeOperating margin5%operating income ÷ revenueAsset turnover0.58×revenue ÷ average assetsEquity multiplier3.81×average assets ÷ average equityAs of 2026-05-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$87.6MFY2026
Income before tax$406MFY2026
Operating income$886MFY2026
$18.4BFY2026
Ending assets$30.0BFY2026
Beginning assets$33.1BFY2025
$7.4BFY2026
$9.2BFY2025
Source: · event May 31, 2026 · retrieved Oct 16, 2026 · annual-row source set
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