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

General Mills, Inc.

GIS Consumer Defensive Packaged Foods

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%
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

General Mills, Inc. (GIS) Debt to equity

Alert me on Debt to equity

General Mills, Inc.'s debt to equity at the end of the quarter to 31 August 2026 was 1.8×, down 0.0× from fiscal 2026 (1.8×). Over the past ten years it has ranged from 1.0× (fiscal 2022) to 2.2× (fiscal 2018); the current reading is higher than 92% of that period. That is above the Packaged Foods industry median of 0.2× and above the Consumer Defensive sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 1.8× 18.37%
FY2025 1.5× 15.15%
FY2024 1.3× 22.72%
FY2023 1.1× 8.89%
FY2022 1.0× (20.07%)
FY2021 1.3× (21.07%)
FY2020 1.6× (10.13%)
FY2019 1.8× (19.59%)
FY2018 2.2× 24.86%
FY2017 1.8× 14.46%

Quarterly newest first

Period Debt to equity Change
Aug 2026 1.8× (1.52%)
May 2026 1.8× 30.05%
Feb 2026 1.4× (4.57%)
Nov 2025 1.5× (2.69%)
43 more quarters

Against its own ten years

Low 1.0× High 2.2×
Ten-year median 1.6×
Current reading's percentile 92

Debt to equity against peers

Company Debt to equity
HRL Hormel Foods Corporation compare 0.4×
MKC McCormick & Company, Incorporated compare 0.5×
KHC Kraft Heinz Company compare 0.5×
DAR Darling Ingredients Inc. compare 0.7×
SJM The J. M. Smucker Company compare 1.2×
GIS General Mills, Inc. 1.8×
LW Lamb Weston compare 2.2×
JBS JBS N.V. compare 2.7×
MICC The Magnum Ice Cream Company N.V. compare 3.4×
Packaged Foods industry median 0.2×
Consumer Defensive sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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