General Mills GIS · USD
Consumer Staples · Food Products · US listing · 🇺🇸 United States
S&P 500
34.88
-1.77%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$18.42bn
FY2017FY2026
Net income
−$87.6m
FY2017FY2026
Free cash flow
$1.63bn
FY2017FY2026
Shareholders' equity
$7.37bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.42bn | $19.49bn | $19.86bn | $20.09bn | $18.99bn | $18.13bn | $17.63bn | $16.87bn | $15.74bn | $15.62bn |
| Gross profit | $6.17bn | $6.73bn | $6.93bn | $6.55bn | $6.40bn | $6.45bn | $6.13bn | $5.76bn | $5.44bn | $5.57bn |
| Research and development | $256.0m | $256.6m | $257.8m | $257.6m | $243.1m | $239.3m | $224.4m | $221.9m | $219.1m | $218.2m |
| Operating income | $2.78bn | $3.30bn | $3.43bn | $3.43bn | $3.48bn | $3.14bn | $2.95bn | $2.52bn | $2.42bn | $2.49bn |
| Net income | −$87.6m | $2.30bn | $2.50bn | $2.59bn | $2.71bn | $2.34bn | $2.18bn | $1.75bn | $2.13bn | $1.66bn |
| Diluted earnings per share | -0.16 | 4.23 | 4.46 | 4.45 | 4.50 | 3.82 | 3.52 | 2.86 | 3.53 | 2.86 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $30.02bn | $33.07bn | $31.47bn | $31.45bn | $31.09bn | $31.84bn | $30.81bn | $30.11bn | $30.62bn | $21.81bn |
| Cash and short-term investments | $453.8m | $363.9m | $418.0m | $702.7m | $819.2m | $1.87bn | $1.68bn | $450.0m | $399.0m | $766.1m |
| Total liabilities | $22.64bn | $23.86bn | $21.82bn | $20.75bn | $20.30bn | $21.46bn | $21.91bn | $22.19bn | $23.36bn | $16.22bn |
| Debt | $13.54bn | $15.30bn | $13.32bn | $12.06bn | $11.98bn | $13.01bn | $13.92bn | $14.49bn | $15.82bn | $9.48bn |
| Shareholders' equity | $7.37bn | $9.20bn | $9.40bn | $10.45bn | $10.54bn | $9.47bn | $8.06bn | $7.05bn | $6.14bn | $4.33bn |
| Shares outstanding | 538m | 543m | 560m | 583m | 602m | 613m | 620m | 612m | 605m | 580m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $2.17bn | $2.92bn | $3.30bn | $2.78bn | $3.32bn | $2.98bn | $3.68bn | $2.81bn | $2.84bn | $2.31bn |
| Capital spending | −$539.9m | −$625.3m | −$774.1m | −$689.5m | −$568.7m | −$530.8m | −$460.8m | −$537.6m | −$622.7m | −$684.4m |
| Free cash flow | $1.63bn | $2.29bn | $2.53bn | $2.09bn | $2.75bn | $2.45bn | $3.22bn | $2.27bn | $2.22bn | $1.63bn |
| Dividends paid | −$1.32bn | −$1.34bn | −$1.36bn | −$1.29bn | −$1.24bn | −$1.25bn | −$1.20bn | −$1.18bn | −$1.14bn | −$1.14bn |
Latest quarters
By quarter end
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.39bn | $4.61bn | $4.44bn | $4.86bn | $4.52bn | $4.56bn | $4.84bn | $5.24bn |
| Gross profit | $1.49bn | $1.58bn | $1.36bn | $1.70bn | $1.53bn | $1.48bn | $1.64bn | $1.93bn |
| Operating income | $633.6m | $689.9m | $545.2m | $858.7m | $702.9m | $610.9m | $822.4m | $1.09bn |
| Net income | $397.0m | −$2.01bn | $303.1m | $413.0m | $1.20bn | $294.0m | $625.6m | $795.7m |
| Diluted earnings per share | 0.74 | -3.73 | 0.56 | 0.78 | 2.22 | 0.53 | 1.13 | 1.42 |
| Cash from operations | $297.0m | $552.0m | $397.0m | $819.0m | $397.0m | $611.0m | $531.0m | $1.15bn |
| Capital spending | −$90.0m | −$184.0m | −$102.0m | −$143.0m | −$109.0m | −$220.0m | −$103.0m | −$160.0m |
| Free cash flow | $207.0m | $368.0m | $295.0m | $676.0m | $288.0m | $391.0m | $428.0m | $990.0m |
| Total assets | $30.27bn | $30.02bn | $32.40bn | $32.55bn | $33.02bn | $33.07bn | $32.71bn | $33.40bn |
| Cash and short-term investments | $433.1m | $453.8m | $785.5m | $683.4m | $952.9m | $363.9m | $521.3m | $2.29bn |
| Debt | $1.25bn | $13.54bn | $13.97bn | $13.73bn | $14.41bn | $14.99bn | $14.19bn | $14.52bn |
| Shareholders' equity | $7.45bn | $7.37bn | $9.34bn | $9.32bn | $9.51bn | $9.20bn | $9.26bn | $9.20bn |
Financial ratios
Data as of 23 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Gross margin | 33.5% | 34.6% | 34.9% | 32.6% | 33.7% | 35.6% |
| Operating margin | 15.1% | 17.0% | 17.3% | 17.1% | 18.3% | 17.3% |
| Net margin | -0.5% | 11.8% | 12.6% | 12.9% | 14.3% | 12.9% |
| Return on equity | -1.2% | 24.9% | 26.6% | 24.8% | 25.7% | 24.7% |
| Return on assets | -0.3% | 6.9% | 7.9% | 8.2% | 8.7% | 7.3% |
| Free cash flow yield | 14.1% | 18.3% | 20.4% | 16.7% | 18.1% | 16.1% |
| Revenue growth | -5.4% | -1.9% | -1.2% | 5.8% | 4.8% | 2.8% |
| Earnings growth | -103.8% | -8.1% | -3.8% | -4.2% | 15.7% | 7.3% |
| Current ratio | 0.68x | 0.67x | 0.65x | 0.69x | 0.63x | 0.70x |
| Debt to equity | 1.84x | 1.63x | 1.39x | 1.13x | 1.11x | 1.34x |
| Equity ratio | 24.5% | 27.8% | 29.9% | 33.2% | 33.9% | 29.7% |
| Interest coverage | 4.87x | 6.02x | 6.82x | 8.73x | 9.23x | 7.52x |
| R&D as a share of sales | 1.4% | 1.3% | 1.3% | 1.3% | 1.3% | 1.3% |
| Buybacks as a share of market value | 1.0% | 3.2% | 3.9% | 3.1% | 1.8% | 1.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.9% | 0.3% | 1.1% |
| Operating income | -6.9% | -2.5% | 0.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 34.0% | 33.9% | 34.1% | 34.4% |
| Operating margin | 16.0% | 16.6% | 17.0% | 16.5% |
| Net margin | 5.8% | 9.4% | 10.7% | 11.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -220.1 | 11.0 | 14.3 | 14.7 | 18.6 | 17.6 | 16.7 | 18.7 | 11.1 | 20.8 |
| Price to sales | 1.1 | 1.3 | 1.8 | 1.9 | 2.7 | 2.3 | 2.1 | 1.9 | 1.5 | 2.2 |
Market value over time
31 Mar 2016 to 22 Sept 2026, in USD
$38.58bn$19.03bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -24% | -4% | -23% | 29% | 15% | 11% | 36% | -34% | -4% | 7% |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 13 Oct 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.22 | 2.44 | 2.40 | 2.95 | 2.16 | 2.04 | 2.02 | 1.96 |
- 2-for-1 split · 9 Jun 2010
- 2-for-1 split · 9 Nov 1999
- 2-for-1 split · 8 Nov 1990
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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