Operating Expenses

Occupancy and equipment

General Mills Occupancy and equipment remained flat by 0.0% to $36.43M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.0%, from $32.23M to $36.43M. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows relatively stable performance with a 2.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025

How to read this metric

Increasing costs may signal expansion or rising real estate/maintenance expenses, while decreases may indicate efficiency gains or footprint consolidation.

Detailed definition

This includes the costs associated with leasing and maintaining facilities, office space, and operational equipment. It...

Peer comparison

Commonly categorized under 'General and Administrative' or 'Operating Expenses' in peer financial statements.

Metric ID: occupancy_and_equipment

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$132.70M$129.70M$127.60M$128.90M$145.70M
YoY Change-2.3%-1.6%+1.0%+13.0%
Range$127.60M$145.70M
CAGR+2.4%
Avg YoY Growth+2.5%
Median YoY Growth-0.3%
Current Streak2 years growth

Frequently Asked Questions

What is General Mills's occupancy and equipment?
General Mills (GIS) reported occupancy and equipment of $36.43M in Q1 2025.
How has General Mills's occupancy and equipment changed year-over-year?
General Mills's occupancy and equipment increased by 13.0% year-over-year, from $32.23M to $36.43M.
What is the long-term trend for General Mills's occupancy and equipment?
Over 4 years (2021 to 2025), General Mills's occupancy and equipment has grown at a 2.4% compound annual growth rate (CAGR), from $132.70M to $145.70M.
What does occupancy and equipment mean?
The total cost of rent, facilities, and equipment maintenance.