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.
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General Mills, Inc. (GIS) Gross margin
General Mills, Inc.'s gross margin over the twelve months to 31 August 2026 was 33.6%, down 0.0 percentage points from fiscal 2026 (33.6%). Over the past ten years it has ranged from 32.6% (fiscal 2023) to 35.7% (fiscal 2017); the current reading is higher than 17% of that period. That is above the Packaged Foods industry median of 27.5% and in line with the Consumer Defensive sector median of 34.8%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 33.6% | (0.92) |
| FY2025 | 34.6% | (0.36) |
| FY2024 | 34.9% | 2.33 |
| FY2023 | 32.6% | (1.13) |
| FY2022 | 33.7% | (1.86) |
| FY2021 | 35.6% | 0.79 |
| FY2020 | 34.8% | 0.65 |
| FY2019 | 34.1% | (0.40) |
| FY2018 | 34.5% | (1.12) |
| FY2017 | 35.7% | 0.45 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Aug 2026 | 33.9% | (0.91) |
| May 2026 | 34.8% | 3.98 |
| Feb 2026 | 30.8% | (4.01) |
| Nov 2025 | 34.8% | 0.89 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| MKC McCormick & Company, Incorporated compare | 39.1% |
| SJM The J. M. Smucker Company compare | 38.7% |
| GIS General Mills, Inc. | 33.6% |
| KHC Kraft Heinz Company compare | 33.4% |
| DAR Darling Ingredients Inc. compare | 26.3% |
| LW Lamb Weston compare | 19.4% |
| HRL Hormel Foods Corporation compare | 15.7% |
| JBS JBS N.V. compare | 11.8% |
| MICC The Magnum Ice Cream Company N.V. compare | — |
| Packaged Foods industry median | 27.5% |
| Consumer Defensive sector median | 34.8% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on GIS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement