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.
Follow GIS
General Mills, Inc. (GIS) Operating margin
General Mills, Inc.'s operating margin over the twelve months to 31 August 2026 was −1.13%, down 5.9 percentage points from fiscal 2026 (4.81%). Over the past ten years it has ranged from 4.81% (fiscal 2026) to 18.3% (fiscal 2022) — the current reading is the lowest in ten years. That is below the Packaged Foods industry median of 0.00% and below the Consumer Defensive sector median of 1.55%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 4.81% | (12.15) |
| FY2025 | 17.0% | (0.32) |
| FY2024 | 17.3% | 0.19 |
| FY2023 | 17.1% | (1.21) |
| FY2022 | 18.3% | 0.95 |
| FY2021 | 17.4% | 0.59 |
| FY2020 | 16.8% | 1.84 |
| FY2019 | 14.9% | (0.45) |
| FY2018 | 15.4% | (0.58) |
| FY2017 | 16.0% | (0.40) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Aug 2026 | 14.4% | 59.83 |
| May 2026 | −45.4% | (57.22) |
| Feb 2026 | 11.8% | (3.16) |
| Nov 2025 | 15.0% | (23.22) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| DAR Darling Ingredients Inc. compare | 14.5% |
| MKC McCormick & Company, Incorporated compare | 13.4% |
| SJM The J. M. Smucker Company compare | 9.02% |
| LW Lamb Weston compare | 7.80% |
| JBS JBS N.V. compare | 3.57% |
| HRL Hormel Foods Corporation compare | 3.47% |
| GIS General Mills, Inc. | −1.13% |
| KHC Kraft Heinz Company compare | −12.8% |
| MICC The Magnum Ice Cream Company N.V. compare | — |
| Packaged Foods industry median | 0.00% |
| Consumer Defensive sector median | 1.55% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on GIS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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