Saturday 17 October 2026 Export GIS’s income statement to Excel — free account

General Mills, Inc.

In the quarter to August 2026, revenue fell 2.83%, EPS fell 66.7%, free cash flow fell 28.6% and total debt fell 6.75%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

33.13 0.25 +0.76%

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Market cap: $17.6B
P/E: 0.0×
Fwd P/E: 10.6×
Dividend yield: 7.36%
F-score: 4/9
Altman Z: 2.06
Beneish M: −2.92
Dividend safety: 37/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Impairment Jul 1, 2026

All filings →

Insider Decisions trades per month

Total sells 1.23

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	—	—	—	—	2	—	—	—	—	1

Insider Ownership 0.92%

Capital & Financial Ratios $m

Market Cap 17,580.00

Revenue 18,296.60

Net Income (891.20)

Free Cash Flow 1,548.10

Net Debt 12,980.90

Current Ratio 0.70

Debt/Equity 1.80

P/E ratio 0.00

Fwd P/E 10.60

P/S ratio 0.97

P/B ratio 2.39

Past 5Y EPS Growth —

This Y EPS Growth (13.20%)

Next Y EPS Growth 2.42%

Next Y revenue growth (4.02%)

Next 5Y EPS Growth (2.11%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 0.81%

10-year low 10-year high

P/B against its own 10 years 2.62%

10-year low 10-year high

EV/Sales against its own 10 years 1.47%

10-year low 10-year high

EV/FCF against its own 10 years 53.15%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 2.44

Annual Dividend Yield 7.36%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	2.44	0.61 0.61 0.61 0.61
2025	2.42	0.60 0.60 0.61 0.61
2024	2.38	0.59 0.59 0.60 0.60
2023	2.26	0.54 0.54 0.59 0.59
2022	2.10	0.51 0.51 0.54 0.54
2021	2.04	0.51 0.51 0.51 0.51
2020	1.98	0.49 0.49 0.49 0.51
2019	1.96	0.49 0.49 0.49 0.49
2018	1.96	0.49 0.49 0.49 0.49
2017	1.94	0.48 0.48 0.49 0.49
2016	1.86	0.44 0.46 0.48 0.48

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	418	364	454	433
Receivables	1,696	1,796	1,647	1,775
Inventory	1,898	1,911	1,918	2,163
Other	—	740	—	—
	4,581	5,276	4,618	4,884

	2024	2025	2026	Q'26
Payables	3,988	4,010	3,730	3,715
ST’ Debt	1,614	1,528	1,054	1,047
Other	1,419	1,642	1,923	1,976
	7,033	7,857	6,774	6,940

Compound Annual Growth %

	10y	5y	3y
Sales	1.07%	0.33%	(2.85%)
Cash Flow	(2.41%)	(6.20%)	(7.96%)
Earnings	0.00%	0.00%	0.00%
Book Value	3.35%	(5.46%)	(11.64%)

Revenue $m

	Aug	Nov	Feb	May	Year
’26	4,390	—	—	—	—
’26	4,518	4,861	4,437	4,610	18,425
’25	4,848	5,240	4,842	4,556	19,487
’24	4,905	5,139	5,099	4,714	19,857
’23	4,718	5,221	5,126	5,030	20,094
’22	4,540	5,024	4,538	4,891	18,993
’21	4,364	4,719	4,520	4,524	18,127

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Aug	Nov	Feb	May	Year
’26	298	—	—	—	—
’26	397	819	398	552	2,166
’25	624	1,151	532	612	2,918
’24	378	1,118	943	864	3,303
’23	389	812	826	752	2,779
’22	370	1,128	730	1,088	3,316
’21	584	843	781	775	2,983

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Aug	Nov	Feb	May	Year
’26	207	—	—	—	—
’26	290	675	298	367	1,631
’25	485	990	428	392	2,294
’24	236	966	752	576	2,529
’23	298	677	702	414	2,090
’22	266	1,009	604	872	2,751
’21	467	734	662	589	2,452

Fiscal quarters ending in the months shown.

EPS $

	Aug	Nov	Feb	May	Year
’26	0.74	—	—	—	—
’26	2.22	0.78	0.56	(3.74)	(0.16)
’25	1.03	1.42	1.12	0.53	4.10
’24	1.14	1.02	1.17	0.98	4.31
’23	1.35	1.01	0.92	1.03	4.31
’22	1.02	0.97	1.08	1.35	4.42
’21	1.03	1.11	0.96	0.68	3.78

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	49.65	36.42	38.12	46.59	53.96	61.67	60.33	61.48	45.15	31.18	Analyst estimates 2027–2029 Powerpack
	High	63.73	60.69	56.40	66.14	69.68	88.34	90.89	75.90	67.35	49.59
People
People	Employees	38,000	40,000	40,000	35,000	35,000	32,500	34,000	34,000	33,000	30,000
	Revenue/emp, $m	0.41	0.39	0.42	0.50	0.52	0.58	0.59	0.58	0.59	0.61
Income, $m
Income, $m	Revenue	15,620	15,740	16,865	17,627	18,127	18,993	20,094	19,857	19,487	18,425
	Gross margin, %	35.65	34.53	34.13	34.78	35.57	33.71	32.58	34.91	34.55	33.63
	EBT	2,271	2,136	2,082	2,600	2,857	3,210	3,141	3,028	2,835	406
	EBT margin, %	14.54	13.57	12.34	14.75	15.76	16.90	15.63	15.25	14.55	2.20
	Net income	1,701	2,163	1,786	2,211	2,346	2,735	2,610	2,519	2,319	(85)
	Depreciation	604	619	620	595	601	570	547	553	539	555
Per share, $
Per share, $	Revenue	26.61	27.29	28.09	28.99	29.52	31.26	33.78	34.50	35.14	34.27
	Earnings	2.82	3.69	2.92	3.59	3.81	4.46	4.36	4.34	4.14	(0.16)
	Cash flow	4.11	4.93	4.68	6.05	4.86	5.46	4.67	5.74	5.26	4.03
	Capex	(1.16)	(1.08)	(0.87)	(0.75)	(0.86)	(0.93)	(1.16)	(1.34)	(1.13)	(1.00)
	Free cash flow	2.96	3.85	3.80	5.29	3.99	4.53	3.51	4.40	4.14	3.03
	Book value	7.98	11.26	12.27	13.73	15.91	17.76	17.99	16.77	16.61	13.73
	Shares, m	587	577	600	608	614	608	595	576	555	538
Valuation, ×
Valuation, ×	P/E	20.12	11.49	16.93	17.65	16.45	15.66	19.35	15.84	13.11	0.00
	P/S	2.13	1.55	1.76	2.19	2.12	2.23	2.49	1.99	1.54	0.98
	P/B	7.11	3.76	4.03	4.63	3.94	3.93	4.68	4.10	3.26	2.45
	EV/Sales	2.61	2.43	2.51	2.85	2.72	2.77	3.04	2.62	2.25	1.69
	EV/FCF	23.51	17.24	18.50	15.61	20.07	19.15	29.25	20.59	19.12	19.07
Cash, $m
Cash, $m	Operating cash flow	2,415	2,841	2,807	3,676	2,983	3,316	2,779	3,303	2,918	2,166
	Capex	(680)	(621)	(523)	(459)	(531)	(565)	(688)	(773)	(624)	(535)
	Free cash flow	1,735	2,220	2,284	3,217	2,452	2,751	2,090	2,529	2,294	1,631
Balance, $m
Balance, $m	Working capital	(1,269)	(3,218)	(2,901)	(2,370)	(2,511)	(2,930)	(2,359)	(2,452)	(2,582)	(2,156)
	Total debt	8,248	14,269	13,021	13,261	12,251	10,809	11,674	12,918	14,202	13,470
	Net debt	7,482	13,870	12,571	11,583	10,746	10,240	11,089	12,500	13,838	13,016
	Shareholders’ equity	4,686	6,492	7,368	8,350	9,773	10,788	10,700	9,649	9,211	7,381
Returns, %
Returns, %	ROA	7.62	8.13	5.77	7.16	7.47	8.60	8.29	7.94	7.11	(0.28)
	ROIC	12.80	7.43	7.89	9.26	9.58	10.33	9.85	9.68	8.96	2.71
	ROE	33.17	38.13	25.29	27.76	25.82	26.33	24.14	24.54	24.34	(1.06)

Negative figures in brackets.

All 10 years →

Fiscal years to May 2026 · latest quarter Aug 2026 · fundamentals updated 2 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
KHC Kraft Heinz Company	$27.6B	— (loss-making)	10.8×	−1.42% (below 0%: shrinking)	n/m	−12.62% (below 0%: shrinking)	32.39%	(102.70%)	Compare
GIS General Mills, Inc.	$17.6B	— (loss-making)	10.6×	−2.83% (below 0%: shrinking)	−66.67% (below 0%: shrinking)	−28.59% (below 0%: shrinking)	33.88%	14.43%
JBS JBS N.V.	$13.6B	12.8×	9.2×	+13.82% (above 0%: growing)	n/m	+238.90% (above 0%: growing)	10.83%	2.50%	Compare
SJM The J. M. Smucker Company	$13.5B	59.3×	12.9×	+5.02% (above 0%: growing)	n/m	+511.71% (above 0%: growing)	44.14%	23.05%	Compare
MKC McCormick & Company, Incorporated	$12.3B	8.3×	15.7×	+17.39% (above 0%: growing)	−53.76% (below 0%: shrinking)	−45.61% (below 0%: shrinking)	39.26%	10.72%	Compare
MICC The Magnum Ice Cream Company N.V.	$11.3B	—	—	—	—	—	—	—	Compare
HRL Hormel Foods Corporation	$11.1B	32.4×	16.1×	−2.36% (below 0%: shrinking)	−66.67% (below 0%: shrinking)	+107.16% (above 0%: growing)	15.92%	2.49%	Compare
DAR Darling Ingredients Inc.	$9.6B	16.3×	13.8×	+16.37% (above 0%: growing)	+2,950.00% (above 0%: growing)	+428.22% (above 0%: growing)	29.20%	32.20%	Compare
LW Lamb Weston	$7.5B	28.9×	14.4×	+0.66% (above 0%: growing)	−54.02% (below 0%: shrinking)	−47.29% (below 0%: shrinking)	15.96%	4.92%	Compare
Median of peers	$11.8B	22.6×	13.8×	+5.02%	−53.89%	+107.16%	29.20%	4.92%

All 71 Packaged Foods stocks →

General Mills, Inc. (GIS) key facts

General Mills, Inc. (GIS) is a Packaged Foods company in the Consumer Defensive sector, listed on the New York Stock Exchange.
As of October 16, 2026, GIS traded at $33.13, a market capitalization of $17.6 billion.
General Mills, Inc. pays an annual dividend of $2.44 per share, a yield of 7.36%.
Return on equity was −1.06% and debt-to-equity 1.80.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 2.06 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 2, 2026.

Financial Analysis (summary)

Updated 25 September 2026

General Mills reported $18.4 billion of revenue in FY2026 and −$85.3 million of net income in FY2026. In Q1 FY2027, revenue was $4.4 billion, operating income was $633.6 million, and net income was $398.1 million. Trailing-twelve-month revenue to Q1 FY2027 was $18.3 billion, while trailing-twelve-month net income was −$891.2 million.

Revenue, cash generation, and profitability were lower in FY2026 than in FY2025, while total debt and net debt also declined. In Q1 FY2027, revenue, EPS, and free cash flow were lower than both the preceding quarter and the year-earlier quarter; operating margin recovered from the preceding quarter but remained below the year-earlier quarter.

Read the full analysis →