What is General Mills, Inc.'s earnings per share (EPS)?

General Mills, Inc. (GIS) reported diluted earnings per share of -$0.16 for fiscal year 2026. This represents a -103.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

General Mills, Inc. (GIS) Financials

GIS

Trailing 12 months to August 30, 2026

Revenue $18.3B -4.5% YoY

Net Income -$894.8M -130.6% YoY

EPS (Diluted) -$1.66 -131.4% YoY

Free Cash Flow $1.5B -26.3% YoY

Market Cap $17.2B as of Oct 6, 2026

Price / Sales 0.9x on $18.3B revenue, trailing 12 months to August 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to August 30, 2026

Price / Book 2.3x on $7.5B equity, Q1 FY2027

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2027, ended Aug 30, 2026 Reported Sep 23, 2026 Currency USD FYE May

Newest figures come from the 10-Q for Q1 FY2027, filed Sep 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GIS SEC filings page.

General Mills, Inc. (GIS) reported $18.3B in revenue over the twelve months to Aug 30, 2026, down 4.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI GIS FY2026 2026-10-04

FY2026 shows a business still converting sales into cash, but with sharply thinner operating profit and a more leveraged balance sheet.

The unusual split is between earnings and cash: FY2026 produced a net loss of $85M but operating cash flow of $2.2B, indicating that noncash and working-capital effects still materially supported cash generation. Free cash flow of $1.6B sat below dividends and buybacks of $1.8B, so distributions exceeded internally generated cash even while reported cash generation remained positive.

Revenue declined 5.4% while gross margin eased to 33.6%, a modest deterioration in gross economics rather than a collapse. Operating margin then fell to 4.8% from 17.0%, showing the much larger damage occurred below gross profit, where the cost structure or other operating items absorbed most of the remaining economics.

Debt-to-equity climbed from 0.9x in FY2022 to 1.7x in FY2026, showing a materially more debt-supported equity base. The current ratio was 0.7x in FY2026, meaning current liabilities exceeded current assets and short-term obligations were not fully matched by short-term assets.

Financial Health Signals

Financial Health Score 37/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of General Mills, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

General Mills, Inc. has an operating margin of 4.8%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 58/100, indicating healthy but not exceptional operating efficiency. This is down from 17.0% the prior year.

Growth

General Mills, Inc.'s revenue declined 5.4% year-over-year, from $19.5B to $18.4B. This contraction results in a growth score of 19/100.

Leverage

General Mills, Inc. has elevated debt relative to equity (D/E of 1.69), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 6/100, reflecting increased financial risk.

Liquidity

General Mills, Inc.'s current ratio of 0.68 is below the typical benchmark, resulting in a score of 8/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

General Mills, Inc. converts 8.8% of revenue into free cash flow ($1.6B). This strong cash generation earns a score of 67/100.

Returns

General Mills, Inc. posts a -1.1% return on equity (ROE), meaning it loses $1 for every $100 of shareholders' equity. This results in a returns score of 63/100. This is down from 25.2% the prior year.

Altman Z-Score Grey Zone

2.04

General Mills, Inc. scores 2.04, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

5/9

General Mills, Inc. passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

General Mills, Inc. reported a net loss of $85.0M while generating $2.2B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

1.52x

General Mills, Inc. earns $1.52 in operating income for every $1 of interest expense ($885.8M vs $581.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$4.4B

YoY-2.8%

QoQ-4.8%

5Y CAGR-0.7%

10Y CAGR+1.2%

General Mills, Inc. generated $4.4B in revenue in Q1 2027. This represents a decrease of 2.8% from the same quarter a year earlier. Against the prior quarter it is down 4.8%.

EBITDA

$773.4M

YoY-58.5%

General Mills, Inc.'s EBITDA was $773.4M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 58.5% from the same quarter a year earlier.

Net Income

$397.0M

YoY-67.0%

QoQ+119.8%

5Y CAGR-8.7%

10Y CAGR-0.3%

General Mills, Inc. reported $397.0M in net income in Q1 2027. This represents a decrease of 67.0% from the same quarter a year earlier. Against the prior quarter it is up 119.8%.

EPS (Diluted)

$0.74

YoY-66.7%

QoQ+119.8%

5Y CAGR-6.2%

10Y CAGR+1.0%

General Mills, Inc. earned $0.74 per diluted share (EPS) in Q1 2027. This represents a decrease of 66.7% from the same quarter a year earlier. Against the prior quarter it is up 119.8%.

Cash & Balance Sheet

Free Cash Flow

$207.3M

YoY-27.9%

QoQ-43.6%

5Y CAGR-4.8%

10Y CAGR-0.5%

General Mills, Inc. generated $207.3M in free cash flow in Q1 2027, representing cash available after capex. This represents a decrease of 27.9% from the same quarter a year earlier. Against the prior quarter it is down 43.6%.

Cash & Debt

$433.1M

YoY-54.5%

QoQ-4.6%

5Y CAGR-9.4%

10Y CAGR-5.5%

General Mills, Inc. held $433.1M in cash against $12.4B in long-term debt as of Q1 2027.

Dividends Per Share

$0.61

YoY0.0%

5Y CAGR+3.6%

10Y CAGR+2.4%

General Mills, Inc. paid $0.61 per share in dividends in Q1 2027. That is unchanged from the same quarter a year earlier.

Shares Outstanding

535M

YoY+0.2%

QoQ+0.2%

5Y CAGR-2.5%

10Y CAGR-1.0%

General Mills, Inc. had 535M shares outstanding in Q1 2027. This represents an increase of 0.2% from the same quarter a year earlier. Against the prior quarter it is up 0.2%.

Margins & Returns

Gross Margin

33.9%

YoY-0.1pp

QoQ-0.9pp

5Y change-1.3pp

10Y change-2.4pp

General Mills, Inc.'s gross margin was 33.9% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.9 percentage points.

Operating Margin

14.4%

YoY-23.8pp

General Mills, Inc.'s operating margin was 14.4% in Q1 2027, reflecting core business profitability. This is down 23.8 percentage points from the same quarter a year earlier.

Net Margin

9.0%

YoY-17.6pp

QoQ+52.6pp

5Y change-4.8pp

10Y change-1.4pp

General Mills, Inc.'s net profit margin was 9.0% in Q1 2027, showing the share of revenue converted to profit. This is down 17.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 52.6 percentage points.

Return on Equity

5.3%

YoY-7.3pp

QoQ+32.6pp

5Y change-1.1pp

10Y change-3.0pp

General Mills, Inc.'s ROE was 5.3% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is down 7.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 32.6 percentage points.

Capital Allocation

Share Buybacks

YoY-100.0%

General Mills, Inc. repurchased no shares in Q1 2027. This represents a decrease of 100.0% from the same quarter a year earlier.

Capital Expenditures

$90.5M

YoY-17.4%

QoQ-50.9%

5Y CAGR-2.7%

10Y CAGR-5.1%

General Mills, Inc. invested $90.5M in capex in Q1 2027, funding long-term assets and infrastructure. This represents a decrease of 17.4% from the same quarter a year earlier. Against the prior quarter it is down 50.9%.

R&D Spending

Not reported for Q1 2027.

GIS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GIS quarterly income statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$18.3B	$18.4B-5.4%	$19.5B-1.9%	$19.9B-1.2%	$20.1B+5.8%	$19.0B+4.8%	$18.1B+2.8%	$17.6B+4.5%	$16.9B+7.1%	$15.7B+0.8%	$15.6B-5.7%	$16.6B-6.1%	$17.6B-1.6%	$17.9B+0.8%	$17.8B+6.7%	$16.7B
Cost of Revenue	N/A	$12.2B-4.1%	$12.8B-1.3%	$12.9B-4.6%	$13.5B+7.6%	$12.6B+7.8%	$11.7B+1.6%	$11.5B+3.5%	$11.1B+7.8%	$10.3B+2.5%	$10.1B-6.4%	$10.7B-8.1%	$11.7B+1.2%	$11.5B+1.7%	$11.4B+6.9%	$10.6B
Gross Profit	$6.2B	$6.2B-8.0%	$6.7B-2.9%	$6.9B+5.9%	$6.5B+2.2%	$6.4B-0.7%	$6.4B+5.2%	$6.1B+6.5%	$5.8B+5.9%	$5.4B-2.4%	$5.6B-4.5%	$5.8B-2.0%	$5.9B-6.6%	$6.4B-0.8%	$6.4B+6.3%	$6.0B
R&D Expenses	N/A	$256.0M-0.2%	$256.6M-0.5%	$257.8M+0.1%	$257.6M+6.0%	$243.1M+1.6%	$239.3M+6.6%	$224.4M+1.1%	$221.9M+1.3%	$219.1M+0.4%	$218.2M-1.8%	$222.1M-3.2%	$229.4M-5.8%	$243.6M+2.4%	$237.9M-3.1%	$245.4M
SG&A Expenses	N/A	$3.4B-1.7%	$3.4B+5.7%	$3.3B-6.9%	$3.5B+11.2%	$3.1B+2.2%	$3.1B-2.3%	$3.2B+7.4%	$2.9B+3.0%	$2.9B-1.3%	$2.9B-7.4%	$3.1B-6.3%	$3.3B-4.2%	$3.5B-2.2%	$3.6B+5.1%	$3.4B
Operating Income	N/A	$885.8M-73.2%	$3.3B-3.7%	$3.4B-0.1%	$3.4B-1.2%	$3.5B+10.5%	$3.1B+6.5%	$3.0B+17.4%	$2.5B+4.0%	$2.4B-2.9%	$2.5B-8.0%	$2.7B+30.3%	$2.1B-29.8%	$3.0B+3.7%	$2.9B+11.3%	$2.6B
EBITDA	N/A	$1.4B-62.5%	$3.8B-3.5%	$4.0B+0.1%	$4.0B-1.6%	$4.0B+8.0%	$3.7B+5.6%	$3.5B+13.2%	$3.1B+3.2%	$3.0B-1.8%	$3.1B-6.6%	$3.3B+24.4%	$2.7B-24.8%	$3.5B+3.0%	$3.4B+10.8%	$3.1B
Interest Expense	N/A	$581.1M+10.9%	$524.2M+9.4%	$479.2M+25.4%	$382.1M+0.7%	$379.6M-9.7%	$420.3M-9.9%	$466.5M-10.6%	$521.8M+39.6%	$373.7M+26.6%	$295.1M-2.9%	$303.8M-3.7%	$315.4M+4.3%	$302.4M-4.6%	$316.9M-9.9%	$351.9M
Income Tax	N/A	$414.3M-27.8%	$573.7M-3.5%	$594.5M-2.9%	$612.2M+4.4%	$586.3M-6.8%	$629.1M+30.9%	$480.5M+30.6%	$367.8M+541.9%	$57.3M-91.3%	$655.2M-13.2%	$755.2M+28.7%	$586.8M-33.6%	$883.3M+19.2%	$741.2M+4.5%	$709.6M
Net Income	-$894.8M	-$85.0M-103.7%	$2.3B-7.9%	$2.5B-3.5%	$2.6B-4.6%	$2.7B+16.9%	$2.3B+7.3%	$2.2B+24.4%	$1.8B-17.8%	$2.1B+28.6%	$1.7B-2.4%	$1.7B+39.0%	$1.2B-33.1%	$1.8B-1.7%	$1.9B+18.4%	$1.6B
EPS (Basic)	N/A	-$0.16-103.9%	$4.12-5.1%	$4.34-0.5%	$4.36-2.2%	$4.46+17.1%	$3.81+6.1%	$3.59+22.9%	$2.92-20.9%	$3.69+30.9%	$2.82-0.4%	$2.83+40.1%	$2.02-30.3%	$2.90+1.4%	$2.86+18.2%	$2.42
EPS (Diluted)	-$1.66	-$0.16-103.9%	$4.10-4.9%	$4.310.0%	$4.31-2.5%	$4.42+16.9%	$3.78+6.2%	$3.56+22.8%	$2.90-20.3%	$3.64+31.4%	$2.770.0%	$2.77+40.6%	$1.97-30.4%	$2.83+1.4%	$2.79+18.7%	$2.35
Diluted Shares (Avg)	N/A	538M-3.6%	558M-3.8%	580M-3.6%	601M-1.9%	613M-1.0%	619M+0.9%	613M+1.3%	605M+3.4%	586M-2.1%	598M-2.3%	612M-1.1%	619M-4.2%	646M-3.0%	666M-0.2%	667M

Metric	Q1'2710-Q	Q4'2610-K	Q3'2610-K	Q2'2610-K	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K
Revenue	$4.4B-2.8%	$4.6B+1.2%	$4.4B-8.4%	$4.9B-7.2%	$4.5B-6.8%	$4.6B-3.3%	$4.8B-5.0%	$5.2B+2.0%
Cost of Revenue	$2.9B-2.8%	N/A	$3.1B-4.2%	$3.2B-4.3%	$3.0B-5.5%	N/A	$3.2B-5.6%	$3.3B-1.9%
Gross Profit	$1.5B-3.0%	$1.6B+8.8%	$1.4B-16.6%	$1.7B-12.4%	$1.5B-9.2%	$1.5B-12.7%	$1.6B-4.0%	$1.9B+9.4%
SG&A Expenses	$832.2M-1.5%	N/A	$812.9M-3.7%	$842.4M-1.1%	$845.1M-1.2%	N/A	$844.4M+6.8%	$852.0M+2.6%
Operating Income	$633.6M-63.3%	N/A	$524.6M-41.1%	$728.0M-32.5%	$1.7B+107.6%	N/A	$891.4M-2.1%	$1.1B+32.8%
EBITDA	$773.4M-58.5%	N/A	$664.0M-35.3%	$866.0M-28.3%	$1.9B+92.0%	N/A	$1.0B-3.0%	$1.2B+28.4%
Interest Expense	$142.2M+7.1%	N/A	$128.4M-5.8%	$125.9M+1.0%	$132.8M+7.4%	N/A	$136.3M+12.0%	$124.6M+5.8%
Income Tax	$122.8M-70.1%	N/A	$99.9M-34.4%	$143.9M-26.1%	$410.9M+161.1%	N/A	$152.4M+2.1%	$194.8M+43.2%
Net Income	$397.0M-67.0%	-$2.0B-783.0%	$303.1M-51.6%	$413.0M-48.1%	$1.2B+107.7%	$294.0M-47.3%	$625.6M-6.6%	$795.7M+33.6%
EPS (Basic)	$0.74-66.7%	-$3.74-805.7%	$0.57-50.0%	$0.78-45.5%	$2.22+115.5%	$0.53-45.9%	$1.14-3.4%	$1.43+38.8%
EPS (Diluted)	$0.74-66.7%	-$3.74-805.7%	$0.56-50.0%	$0.78-45.1%	$2.22+115.5%	$0.53-45.9%	$1.12-4.3%	$1.42+39.2%
Diluted Shares (Avg)	538M-0.8%	N/A	537M-3.2%	537M-4.1%	543M-3.8%	N/A	555M-3.1%	560M-3.9%

Not reported in any period shown, so not listed: R&D Expenses.

GIS Balance Sheet

GIS quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$30.0B-9.2%	$33.1B+5.1%	$31.5B+0.1%	$31.5B+1.2%	$31.1B-2.4%	$31.8B+3.4%	$30.8B+2.3%	$30.1B-1.7%	$30.6B+40.4%	$21.8B+0.5%	$21.7B-0.5%	$21.8B-5.7%	$23.1B+2.2%	$22.7B+7.4%	$21.1B
Current Assets	$4.6B-12.5%	$5.3B+15.2%	$4.6B-11.5%	$5.2B+1.7%	$5.1B-11.6%	$5.8B+12.4%	$5.1B+22.3%	$4.2B+1.5%	$4.1B+1.5%	$4.1B+3.2%	$3.9B+6.8%	$3.7B-16.1%	$4.4B+2.2%	$4.3B+16.5%	$3.7B
Cash & Equivalents	$453.8M+24.7%	$363.9M-12.9%	$418.0M-28.6%	$585.5M+2.8%	$569.4M-62.2%	$1.5B-10.3%	$1.7B+272.8%	$450.0M+12.8%	$399.0M-47.9%	$766.1M0.0%	$766.1M+129.2%	$334.2M-61.5%	$867.3M+17.0%	$741.4M+57.3%	$471.2M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$1.9B+0.4%	$1.9B+0.7%	$1.9B-12.6%	$2.2B+16.3%	$1.9B+2.6%	$1.8B+27.6%	$1.4B-8.5%	$1.6B-5.0%	$1.6B+10.7%	$1.5B+4.9%	$1.4B-8.3%	$1.5B-1.2%	$1.6B+0.9%	$1.5B+4.5%	$1.5B
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$14.1B-9.6%	$15.6B+5.9%	$14.8B+1.7%	$14.5B+0.9%	$14.4B+2.2%	$14.1B+1.0%	$13.9B-0.5%	$14.0B-0.5%	$14.1B+60.8%	$8.7B+0.1%	$8.7B-1.5%	$8.9B+2.6%	$8.7B+0.3%	$8.6B+5.4%	$8.2B
Total Liabilities	$22.6B-5.1%	$23.9B+9.3%	$21.8B+5.2%	$20.8B+2.2%	$20.3B-5.4%	$21.5B-2.0%	$21.9B-1.3%	$22.2B-5.0%	$23.4B+44.0%	$16.2B+4.2%	$15.6B-0.6%	$15.7B+3.3%	$15.2B+4.1%	$14.6B+8.9%	$13.4B
Current Liabilities	$6.8B-13.8%	$7.9B+11.7%	$7.0B-6.7%	$7.5B-6.0%	$8.0B-3.0%	$8.3B+10.3%	$7.5B+5.7%	$7.1B-3.5%	$7.3B+37.7%	$5.3B+6.3%	$5.0B+2.5%	$4.9B-9.8%	$5.4B+2.4%	$5.3B+37.7%	$3.8B
Non-Current Liabilities	$15.9B-0.9%	$16.0B+8.2%	$14.8B+11.9%	$13.2B+7.6%	$12.3B-6.9%	$13.2B-8.5%	$14.4B-4.5%	$15.1B-5.7%	$16.0B+47.1%	$10.9B+3.2%	$10.5B-2.1%	$10.8B+10.7%	$9.7B+5.0%	$9.3B-2.7%	$9.5B
Long-Term Debt	$12.4B-2.0%	$12.7B+12.1%	$11.3B+13.4%	$10.0B+9.1%	$9.1B-6.7%	$9.8B-10.5%	$10.9B-6.0%	$11.6B-8.2%	$12.7B+65.8%	$7.6B+8.3%	$7.1B-6.8%	$7.6B+17.9%	$6.4B+8.4%	$5.9B-3.8%	$6.2B
Total Equity	$7.4B-19.9%	$9.2B-2.1%	$9.4B-10.1%	$10.4B-0.9%	$10.5B+11.3%	$9.5B+17.5%	$8.1B+14.2%	$7.1B+14.9%	$6.1B+41.9%	$4.3B-12.2%	$4.9B-1.3%	$5.0B-23.5%	$6.5B-2.1%	$6.7B+3.9%	$6.4B
Retained Earnings	$20.5B-6.4%	$21.9B+4.5%	$21.0B+5.7%	$19.8B+7.0%	$18.5B+8.6%	$17.1B+6.8%	$16.0B+6.6%	$15.0B+3.7%	$14.5B+10.1%	$13.1B+4.1%	$12.6B+5.2%	$12.0B+1.7%	$11.8B+10.1%	$10.7B+7.5%	$10.0B

Metric	Q1'2710-Q	Q4'2610-K	Q3'2610-K	Q2'2610-K	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K
Total Assets	$30.3B-8.3%	$30.0B-9.2%	$32.4B-0.9%	$32.5B-2.5%	$33.0B+3.9%	$33.1B+5.1%	$32.7B+6.0%	$33.4B+6.9%
Current Assets	$4.9B-6.8%	$4.6B-12.5%	$4.9B-7.0%	$5.1B-31.3%	$5.2B+8.9%	$5.3B+15.2%	$5.3B+12.9%	$7.4B+46.3%
Cash & Equivalents	$433.1M-54.5%	$453.8M+24.7%	$785.5M+50.7%	$683.4M-70.2%	$952.9M+103.6%	$363.9M-12.9%	$521.3M-11.4%	$2.3B+286.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.2B+5.4%	$1.9B+0.4%	$1.8B-3.1%	$2.1B+4.2%	$2.1B+2.8%	$1.9B+0.7%	$1.8B-0.9%	$2.0B-9.1%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$14.1B-9.9%	$14.1B-9.6%	$15.6B+0.7%	$15.6B+8.1%	$15.7B+5.9%	$15.6B+5.9%	$15.5B+7.5%	$14.4B-0.1%
Total Liabilities	$22.8B-2.9%	$22.6B-5.1%	$23.0B-0.6%	$23.2B-3.0%	$23.5B+5.6%	$23.9B+9.3%	$23.2B+9.6%	$23.9B+10.9%
Current Liabilities	$6.9B-12.8%	$6.8B-13.8%	$8.7B+10.3%	$7.7B-3.9%	$8.0B+9.2%	$7.9B+11.7%	$7.9B+11.5%	$8.0B+1.5%
Non-Current Liabilities	$15.9B+2.1%	$15.9B-0.9%	$14.4B-6.2%	$15.5B-2.6%	$15.5B+3.9%	$16.0B+8.2%	$15.3B+8.6%	$15.9B+16.2%
Long-Term Debt	$12.4B+1.2%	$12.4B-2.0%	$11.0B-7.2%	$12.2B-2.2%	$12.2B+6.9%	$12.7B+12.1%	$11.8B+7.5%	$12.4B+18.1%
Total Equity	$7.5B-21.6%	$7.4B-19.9%	$9.3B+0.9%	$9.3B+1.3%	$9.5B+2.5%	$9.2B-2.1%	$9.3B-1.8%	$9.2B-1.9%
Retained Earnings	$20.6B-9.7%	$20.5B-6.4%	$22.5B+4.1%	$22.6B+5.7%	$22.8B+7.4%	$21.9B+4.5%	$21.6B+6.0%	$21.3B+6.3%

Not reported in any period shown, so not listed: Accounts Receivable.

GIS Cash Flow Statement

GIS quarterly cash flow statement

Metric	TTM	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$2.1B	$2.2B-25.8%	$2.9B-11.6%	$3.3B+18.9%	$2.8B-16.2%	$3.3B+11.2%	$3.0B-18.9%	$3.7B+31.0%	$2.8B-1.2%	$2.8B+17.6%	$2.4B-12.6%	$2.8B+8.7%	$2.5B+0.1%	$2.5B-13.2%	$2.9B+21.6%	$2.4B
Depreciation & Amortization	N/A	$555.2M+3.0%	$539.0M-2.5%	$552.7M+1.1%	$546.6M-4.2%	$570.3M-5.2%	$601.3M+1.1%	$594.7M-4.1%	$620.1M+0.2%	$618.8M+2.5%	$603.6M-0.7%	$608.1M+3.4%	$588.3M+0.5%	$585.4M-0.4%	$588.0M+8.6%	$541.5M
Stock-Based Compensation	N/A	$79.4M-13.4%	$91.7M-3.8%	$95.3M-14.7%	$111.7M+13.2%	$98.7M+9.8%	$89.9M-5.3%	$94.9M+11.8%	$84.9M+10.3%	$77.0M-19.5%	$95.7M+6.6%	$89.8M-15.6%	$106.4M-1.9%	$108.5M+8.1%	$100.4M-7.3%	$108.3M
Capital Expenditures	$520.9M	$539.9M-13.7%	$625.3M-19.2%	$774.1M+12.3%	$689.5M+21.2%	$568.7M+7.1%	$530.8M+15.2%	$460.8M-14.3%	$537.6M-13.7%	$622.7M-9.0%	$684.4M-6.2%	$729.3M+2.4%	$712.4M+7.4%	$663.5M+8.1%	$613.9M-9.2%	$675.9M
Free Cash Flow	$1.5B	$1.6B-29.1%	$2.3B-9.3%	$2.5B+21.0%	$2.1B-24.0%	$2.7B+12.0%	$2.5B-23.7%	$3.2B+41.7%	$2.3B+2.3%	$2.2B+28.2%	$1.7B-14.9%	$2.0B+11.2%	$1.8B-2.5%	$1.9B-18.8%	$2.3B+33.5%	$1.7B
Investing Cash Flow	-$552.5M	$1.3B+170.1%	-$1.8B-49.9%	-$1.2B-245.7%	-$346.4M+79.5%	-$1.7B-229.7%	-$512.8M-5.5%	-$486.2M+12.6%	-$556.5M+93.6%	-$8.7B-1242.6%	-$646.9M-792.6%	$93.4M+105.8%	-$1.6B-185.2%	-$561.8M+62.9%	-$1.5B+19.0%	-$1.9B
Financing Cash Flow	-$2.0B	-$3.3B-180.9%	-$1.2B+48.1%	-$2.3B+5.5%	-$2.4B+4.0%	-$2.5B+7.8%	-$2.7B-39.9%	-$1.9B+10.8%	-$2.2B-140.0%	$5.4B+411.6%	-$1.7B+27.8%	-$2.4B-74.8%	-$1.4B+24.1%	-$1.8B-60.0%	-$1.1B-71.0%	-$666.6M
Dividends Paid	$1.3B	$1.3B-1.7%	$1.3B-1.8%	$1.4B+5.9%	$1.3B+3.5%	$1.2B-0.2%	$1.2B+4.2%	$1.2B+1.2%	$1.2B+3.7%	$1.1B+0.4%	$1.1B+5.9%	$1.1B+5.3%	$1.0B+3.5%	$983.3M+13.3%	$867.6M+8.4%	$800.1M
Share Buybacks	$300K	$500.3M-58.4%	$1.2B-39.9%	$2.0B+42.7%	$1.4B+60.1%	$876.8M+190.9%	$301.4M+8764.7%	$3.4M+209.1%	$1.1M-99.8%	$601.6M-63.6%	$1.7B+172.2%	$606.7M-47.8%	$1.2B-33.4%	$1.7B+67.0%	$1.0B+233.8%	$313.0M

Metric	Q1'2710-Q	Q4'2610-K	Q3'2610-K	Q2'2610-K	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K
Operating Cash Flow	$297.8M-25.0%	$552.0M-9.7%	$397.9M-25.2%	$819.3M-28.8%	$397.0M-36.4%	$611.6M-29.2%	$531.9M-43.6%	$1.2B+2.9%
Depreciation & Amortization	$139.8M+0.8%	$139.1M+2.6%	$139.4M+3.8%	$138.0M+6.6%	$138.7M-0.6%	$135.6M-3.5%	$134.3M-8.3%	$129.5M+0.7%
Stock-Based Compensation	$21.8M+44.4%	N/A	N/A	N/A	$15.1M-25.6%	N/A	N/A	N/A
Capital Expenditures	$90.5M-17.4%	$184.4M-16.3%	$102.4M-1.4%	$143.6M-10.8%	$109.5M-22.0%	$220.2M-23.7%	$103.9M-45.8%	$160.9M+5.7%
Free Cash Flow	$207.3M-27.9%	$367.6M-6.1%	$295.5M-31.0%	$675.7M-31.7%	$287.5M-40.6%	$391.4M-32.0%	$428.0M-43.0%	$989.6M+2.5%
Investing Cash Flow	-$115.9M-106.8%	-$174.7M+19.2%	-$106.0M+91.7%	-$155.9M+1.3%	$1.7B+1245.1%	-$216.3M+68.6%	-$1.3B-564.9%	-$157.9M+12.6%
Financing Cash Flow	-$209.6M+86.1%	-$670.6M-17.6%	-$210.2M+79.6%	-$927.0M-208.9%	-$1.5B-251.0%	-$570.4M-65.5%	-$1.0B-36.8%	$851.5M+201.4%
Dividends Paid	$330.5M-0.1%	$328.1M-0.7%	$328.4M-1.3%	$327.9M-3.0%	$330.9M-2.0%	$330.3M-1.5%	$332.6M-1.3%	$338.0M-1.3%
Share Buybacks	$0-100.0%	$0-100.0%	$200K-99.9%	$100K-100.0%	$500.0M+66.7%	$301.0M-24.9%	$301.5M+0.4%	$300.4M-62.5%

GIS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

GIS quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	33.6%-0.9pp	34.5%-0.4pp	34.9%+2.3pp	32.6%-1.1pp	33.7%-1.9pp	35.6%+0.8pp	34.8%+0.7pp	34.1%-0.4pp	34.5%-1.1pp	35.6%+0.5pp	35.2%+1.5pp	33.7%-1.8pp	35.6%-0.6pp	36.1%-0.2pp	36.3%
Operating Margin	4.8%-12.2pp	17.0%-0.3pp	17.3%+0.2pp	17.1%-1.2pp	18.3%+1.0pp	17.3%+0.6pp	16.8%+1.8pp	14.9%-0.5pp	15.4%-0.6pp	16.0%-0.4pp	16.4%+4.6pp	11.8%-4.7pp	16.5%+0.5pp	16.0%+0.7pp	15.4%
Net Margin	-0.5%-12.4pp	11.9%-0.8pp	12.7%-0.3pp	13.0%-1.4pp	14.4%+1.5pp	12.9%+0.5pp	12.4%+2.0pp	10.4%-3.1pp	13.5%+2.9pp	10.6%+0.4pp	10.3%+3.3pp	6.9%-3.3pp	10.2%-0.3pp	10.4%+1.0pp	9.4%
Return on Equity	-1.1%-26.4pp	25.2%-1.6pp	26.8%+1.8pp	25.0%-1.0pp	25.9%+1.2pp	24.7%-2.4pp	27.1%+2.2pp	24.9%-9.8pp	34.7%-3.6pp	38.3%+3.9pp	34.4%+10.0pp	24.4%-3.5pp	27.9%+0.1pp	27.8%+3.4pp	24.4%
Return on Assets	-0.3%-7.3pp	7.0%-1.0pp	8.0%-0.3pp	8.3%-0.5pp	8.8%+1.4pp	7.3%+0.3pp	7.1%+1.3pp	5.8%-1.1pp	7.0%-0.6pp	7.6%-0.2pp	7.8%+2.2pp	5.6%-2.3pp	7.9%-0.3pp	8.2%+0.8pp	7.4%
Current Ratio	0.680.0x	0.670.0x	0.650.0x	0.69+0.1x	0.63-0.1x	0.700.0x	0.68+0.1x	0.590.0x	0.56-0.2x	0.760.0x	0.790.0x	0.75-0.1x	0.810.0x	0.81-0.1x	0.96
Debt-to-Equity	1.69+0.3x	1.38+0.2x	1.20+0.2x	0.95+0.1x	0.87-0.2x	1.03-0.3x	1.36-0.3x	1.65-0.4x	2.06+0.3x	1.77+0.3x	1.43-0.1x	1.52+0.5x	0.98+0.1x	0.89-0.1x	0.96
Asset Turnover	0.610.0x	0.590.0x	0.630.0x	0.640.0x	0.610.0x	0.570.0x	0.570.0x	0.560.0x	0.51-0.2x	0.720.0x	0.760.0x	0.810.0x	0.770.0x	0.780.0x	0.79
FCF Margin	8.8%-2.9pp	11.8%-1.0pp	12.7%+2.3pp	10.4%-4.1pp	14.5%+0.9pp	13.5%-4.7pp	18.2%+4.8pp	13.5%-0.6pp	14.1%+3.0pp	11.1%-1.2pp	12.3%+1.9pp	10.4%-0.1pp	10.5%-2.5pp	13.0%+2.6pp	10.4%

Metric	Q1'2710-Q	Q4'2610-K	Q3'2610-K	Q2'2610-K	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-K
Gross Margin	33.9%-0.1pp	34.8%+2.4pp	30.8%-3.0pp	34.8%-2.0pp	33.9%-0.9pp	32.4%-3.5pp	33.9%+0.4pp	36.9%+2.5pp
Operating Margin	14.4%-23.8pp	N/A	11.8%-6.6pp	15.0%-5.6pp	38.2%+21.1pp	N/A	18.4%+0.6pp	20.6%+4.8pp
Net Margin	9.0%-17.6pp	-43.6%-50.0pp	6.8%-6.1pp	8.5%-6.7pp	26.7%+14.7pp	6.5%-5.4pp	12.9%-0.2pp	15.2%+3.6pp
Return on Equity	5.3%-7.3pp	-27.3%-30.4pp	3.2%-3.5pp	4.4%-4.2pp	12.7%+6.4pp	3.2%-2.7pp	6.8%-0.3pp	8.6%+2.3pp
Return on Assets	1.3%-2.3pp	-6.7%-7.6pp	0.9%-1.0pp	1.3%-1.1pp	3.6%+1.8pp	0.9%-0.9pp	1.9%-0.3pp	2.4%+0.5pp
Current Ratio	0.700.0x	0.680.0x	0.56-0.1x	0.66-0.3x	0.660.0x	0.670.0x	0.670.0x	0.92+0.3x
Debt-to-Equity	1.66+0.4x	1.69+0.3x	1.18-0.1x	1.310.0x	1.29+0.1x	1.38+0.2x	1.28+0.1x	1.35+0.2x
Asset Turnover	0.140.0x	0.150.0x	0.140.0x	0.150.0x	0.140.0x	0.140.0x	0.150.0x	0.160.0x
FCF Margin	4.7%-1.6pp	8.0%-0.6pp	6.7%-2.2pp	13.9%-5.0pp	6.4%-3.6pp	8.6%-3.6pp	8.8%-5.9pp	18.9%+0.1pp

Note: The current ratio is below 1.0 (0.68), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
General Mills, Inc. GIS	FY2026	$18.4B	-$85.0M	-0.5%	$17.2B	37/100
Kellanova K	FY2024	$12.7B	$1.3B	10.5%	$29.0B	49/100
The Kraft Heinz Company KHC	FY2025	$24.9B	-$5.8B	-23.4%	$25.9B	39/100
McCormick & Company, Incorporated Non-VTG CS MKC	FY2025	$6.8B	$789.4M	11.5%	$12.3B	50/100
Hormel Foods Corporation HRL	FY2025	$12.1B	$478.2M	4.0%	$11.1B	52/100
The J.M. Smucker Company SJM	FY2026	$9.1B	-$138.7M	-1.5%	$12.4B	35/100

Where General Mills, Inc. Ranks

Frequently Asked Questions

What is General Mills, Inc.'s annual revenue?

General Mills, Inc. (GIS) reported $18.4B in total revenue for fiscal year 2026. This represents a -5.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is General Mills, Inc.'s revenue growing?

General Mills, Inc. (GIS) revenue declined by 5.4% year-over-year, from $19.5B to $18.4B in fiscal year 2026.

Is General Mills, Inc. profitable?

No, General Mills, Inc. (GIS) reported a net income of -$85.0M in fiscal year 2026, with a net profit margin of -0.5%.

What is General Mills, Inc.'s EBITDA?

General Mills, Inc. (GIS) had EBITDA of $1.4B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does General Mills, Inc. have?

As of fiscal year 2026, General Mills, Inc. (GIS) had $453.8M in cash and equivalents against $12.4B in long-term debt.

What is General Mills, Inc.'s gross margin?

General Mills, Inc. (GIS) had a gross margin of 33.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is General Mills, Inc.'s operating margin?

General Mills, Inc. (GIS) had an operating margin of 4.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is General Mills, Inc.'s net profit margin?

General Mills, Inc. (GIS) had a net profit margin of -0.5% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does General Mills, Inc. pay dividends?

Yes, General Mills, Inc. (GIS) paid $2.44 per share in dividends during fiscal year 2026.

What is General Mills, Inc.'s return on equity (ROE)?

General Mills, Inc. (GIS) has a return on equity of -1.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is General Mills, Inc.'s free cash flow?

General Mills, Inc. (GIS) generated $1.6B in free cash flow during fiscal year 2026. This represents a -29.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is General Mills, Inc.'s operating cash flow?

General Mills, Inc. (GIS) generated $2.2B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are General Mills, Inc.'s total assets?

General Mills, Inc. (GIS) had $30.0B in total assets as of fiscal year 2026, including both current and long-term assets.

What are General Mills, Inc.'s capital expenditures?

General Mills, Inc. (GIS) invested $539.9M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does General Mills, Inc. spend on research and development?

General Mills, Inc. (GIS) invested $256.0M in research and development during fiscal year 2026.

Does General Mills, Inc. buy back shares?

Yes, General Mills, Inc. (GIS) spent $500.3M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does General Mills, Inc. have outstanding?

General Mills, Inc. (GIS) had 534M shares outstanding as of fiscal year 2026.

What is General Mills, Inc.'s current ratio?

General Mills, Inc. (GIS) had a current ratio of 0.68 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.

What is General Mills, Inc.'s debt-to-equity ratio?

General Mills, Inc. (GIS) had a debt-to-equity ratio of 1.69 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is General Mills, Inc.'s return on assets (ROA)?

General Mills, Inc. (GIS) had a return on assets of -0.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is General Mills, Inc.'s P/E ratio?

General Mills, Inc. (GIS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to August 30, 2026). The market capitalization is $17.2B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is General Mills, Inc.'s price-to-sales ratio?

General Mills, Inc. (GIS) trades at 0.9x sales, its market capitalization divided by revenue of $18.3B revenue, trailing 12 months to August 30, 2026. The market capitalization is $17.2B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is General Mills, Inc.'s Altman Z-Score?

General Mills, Inc. (GIS) has an Altman Z-Score of 2.04, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is General Mills, Inc.'s Piotroski F-Score?

General Mills, Inc. (GIS) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are General Mills, Inc.'s earnings high quality?

General Mills, Inc. (GIS) reported a net loss of $85.0M while generating $2.2B in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can General Mills, Inc. cover its interest payments?

General Mills, Inc. (GIS) has an interest coverage ratio of 1.52x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is General Mills, Inc.?

General Mills, Inc. (GIS) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.