General Mills, Inc. logo

General Mills, Inc.

GIS

NYSEConsumer DefensivePackaged Foods

Previous close

$39.97

+$0.36 · +0.91%

Aug 21, 4:00 PM ET

Pre-market

$40.20

+$0.23 · +0.58%

Aug 24, 7:44 AM ET

GIS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

72

Undervalued

Momentum

39

Weakening

Sentiment

59

Mixed

Risk resilience

63

Moderate Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

General Mills, Inc. functions as a prominent global producer and vendor of well-known consumer food brands. The company structures its widespread operations into five main divisions: North American retail, convenience stores and foodservice providers, Europe and Australia, Asia and Latin America, and a dedicated pet segment. Their broad catalog of products features a diverse range of items for consumers. This includes breakfast cereals, chilled yogurts, various soups, and ready-to-prepare meal kits. The offering also extends to refrigerated and frozen dough items, baking and dessert mixes, flours for culinary use, frozen pizzas and pizza snacks, along with an assortment of snack bars, fruit snacks, savory and grain snacks, and ice cream. For health-conscious consumers, they provide nutrition bars and wellness beverages, in addition to organic frozen and shelf-stable vegetables. Beyond direct consumer sales, General Mills supplies both branded and unbranded food goods to the North American foodservice sector and commercial bakeries. Furthermore, they are a significant participant in the pet food industry, manufacturing a variety of dog and cat food products. The company markets its merchandise under an extensive collection of trademarks, such as: Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait. General Mills distributes its products through a vast network, utilizing both direct sales and arrangements with brokers and distributors. Their reach encompasses a wide array of sales points, including traditional grocery stores, large-scale mass merchandisers, membership clubs, natural food retailers, online marketplaces, various commercial and non-commercial foodservice distributors and operators, restaurants, convenience stores, specialized pet stores, as well as drug, dollar, and discount retail chains. Complementing its extensive business, the corporation also oversees 466 leased and 392 franchised ice cream parlors. General Mills, Inc., established in 1866, maintains its corporate headquarters in Minneapolis, Minnesota.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
US
CEO
Jeffrey L. Harmening
Listed since
Mar 17, 1980
Employees
30,000

Market position

Day range

Current $39.97

52-week range

Current $39.97

Open
$39.60
Previous close
$39.61
Volume
5.18M
0.53× average
Average volume
9.69M
Average daily volume
Market cap
21.33B USD
Beta
-0.05
Market reference 1
50-day average
$36.5722
+9.29% above average
200-day average
$40.2236
-0.63% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
31.5B USD
P/E (TTM)
-235.12×
P/B (TTM)
2.91×
P/S (TTM)
1.16×
EV / EBITDA
9.46×
Earnings yield
-0.48%
Free cash flow yield
8.83%
Dividend yield
6.10%

Profitability & efficiency

Gross margin
33.44%
Operating margin
20.02%
Net margin
-0.48%
Return on equity
-1.19%
Return on assets
-0.29%
Return on invested capital
-2.95%

Financial health

Debt / equity
1.84×
Current ratio
0.68×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%24%10%-4%Gross margin, FY2022: 33.71%Gross margin, FY2023: 32.58%Gross margin, FY2024: 34.91%Gross margin, FY2025: 34.55%Gross margin, FY2026: 33.49%Operating margin, FY2022: 18.30%Operating margin, FY2023: 17.09%Operating margin, FY2024: 17.28%Operating margin, FY2025: 16.96%Operating margin, FY2026: 15.06%Net margin, FY2022: 14.25%Net margin, FY2023: 12.91%Net margin, FY2024: 12.57%Net margin, FY2025: 11.78%Net margin, FY2026: -0.48%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 33.71%. Gross margin FY2023 32.58%. Gross margin FY2024 34.91%. Gross margin FY2025 34.55%. Gross margin FY2026 33.49%. Operating margin FY2022 18.30%. Operating margin FY2023 17.09%. Operating margin FY2024 17.28%. Operating margin FY2025 16.96%. Operating margin FY2026 15.06%. Net margin FY2022 14.25%. Net margin FY2023 12.91%. Net margin FY2024 12.57%. Net margin FY2025 11.78%. Net margin FY2026 -0.48%.

Income trends

Revenue

18.42B USD-5.45%

Operating income

2.78B USD-16.03%

Net income

−87.6M USD−2.38B USD
Income trends across reported periods22.11B USD14.04B USD5.97B USD−2.11B USDRevenue, FY2022: 18.99B USDRevenue, FY2023: 20.09B USDRevenue, FY2024: 19.86B USDRevenue, FY2025: 19.49B USDRevenue, FY2026: 18.42B USDOperating income, FY2022: 3.48B USDOperating income, FY2023: 3.43B USDOperating income, FY2024: 3.43B USDOperating income, FY2025: 3.3B USDOperating income, FY2026: 2.78B USDNet income, FY2022: 2.71B USDNet income, FY2023: 2.59B USDNet income, FY2024: 2.5B USDNet income, FY2025: 2.3B USDNet income, FY2026: −87.6M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 18.99B USD. Revenue FY2023 20.09B USD. Revenue FY2024 19.86B USD. Revenue FY2025 19.49B USD. Revenue FY2026 18.42B USD. Operating income FY2022 3.48B USD. Operating income FY2023 3.43B USD. Operating income FY2024 3.43B USD. Operating income FY2025 3.3B USD. Operating income FY2026 2.78B USD. Net income FY2022 2.71B USD. Net income FY2023 2.59B USD. Net income FY2024 2.5B USD. Net income FY2025 2.3B USD. Net income FY2026 −87.6M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue18.42B USD19.49B USD19.86B USD20.09B USD18.99B USD
Cost of goods sold12.25B USD12.75B USD12.93B USD13.55B USD12.59B USD
Gross profit6.17B USD6.73B USD6.93B USD6.55B USD6.4B USD
Research and development256M USD
Selling, general, and administrative3.14B USD3.45B USD3.26B USD3.5B USD3.15B USD
Operating expenses3.4B USD3.43B USD3.5B USD3.11B USD2.93B USD
Interest income31M USD24.6M USD18.8M USD14M USD3.8M USD
Interest expense570.3M USD549.3M USD503.1M USD393.4M USD376.6M USD
Depreciation and amortization555.2M USD539M USD552.7M USD546.6M USD570.3M USD
Operating income2.78B USD3.3B USD3.43B USD3.43B USD3.48B USD
Net income−87.6M USD2.3B USD2.5B USD2.59B USD2.71B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+5.94%
11 comparable reports
Latest EPS result
0.95
Estimate 0.8 · Beat by 19.20%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.461.170.870.58Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ3 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 18, 2024: actual 1.4, estimate 1.22, surprise +14.75%, Beat. Q1 2025, reported Mar 19, 2025: actual 1, estimate 0.958, surprise +4.38%, Beat. Q2 2025, reported Jun 25, 2025: actual 0.74, estimate 0.709, surprise +4.37%, Beat. Q3 2025, reported Sep 17, 2025: actual 0.86, estimate 0.818, surprise +5.13%, Beat. Q4 2025, reported Dec 17, 2025: actual 1.1, estimate 1.03, surprise +6.80%, Beat. Q1 2026, reported Mar 18, 2026: actual 0.64, estimate 0.728, surprise -12.09%, Miss. Q3 2026, reported Jul 1, 2026: actual 0.95, estimate 0.797, surprise +19.20%, Beat. Q3 2026, reported Sep 23, 2026: actual —, estimate 0.717, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.45B5.01B4.57B4.12BQ4 '24BeatQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ3 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 18, 2024: actual 5.24B USD, estimate 5.14B USD, surprise +1.91%, Beat. Q1 2025, reported Mar 19, 2025: actual 4.84B USD, estimate 4.95B USD, surprise -2.19%, Miss. Q2 2025, reported Jun 25, 2025: actual 4.56B USD, estimate 4.59B USD, surprise -0.64%, Miss. Q3 2025, reported Sep 17, 2025: actual 4.52B USD, estimate 4.54B USD, surprise -0.44%, Miss. Q4 2025, reported Dec 17, 2025: actual 4.86B USD, estimate 4.78B USD, surprise +1.66%, Beat. Q1 2026, reported Mar 18, 2026: actual 4.44B USD, estimate 4.41B USD, surprise +0.58%, Beat. Q3 2026, reported Jul 1, 2026: actual 4.61B USD, estimate 4.59B USD, surprise +0.46%, Beat. Q3 2026, reported Sep 23, 2026: actual —, estimate 4.33B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

12 institutions
Freedom BrokermaintainHold
BNP ParibasmaintainNeutral

GIS news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.42

2025 complete year+18.6% since 2021

2026 partial: $1.83

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 10, 2026

$0.61

Quarterly

Record Jul 10, 2026 · Payment Aug 3, 2026

Dividend

Ex-dividend Apr 10, 2026

$0.61

Quarterly

Record Apr 10, 2026 · Payment May 1, 2026

Dividend

Ex-dividend Jan 9, 2026

$0.61

Quarterly

Record Jan 9, 2026 · Payment Feb 2, 2026

Dividend

Ex-dividend Oct 10, 2025

$0.61

Quarterly

Record Oct 10, 2025 · Payment Nov 3, 2025

Dividend

Ex-dividend Jul 10, 2025

$0.61

Quarterly

Record Jul 10, 2025 · Payment Aug 1, 2025

Dividend

Ex-dividend Apr 10, 2025

$0.60

Quarterly

Record Apr 10, 2025 · Payment May 1, 2025

GIS peers

ETFs holding GIS

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research GIS

research.disclaimer