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

General Mills, Inc. (GIS) Gross margin

Alert me on 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

Against its own ten years

Low 32.6% High 35.7%
Ten-year median 34.5%
Current reading's percentile 16

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

The full definition of Gross margin →

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