General Mills, Inc.

NYSE:GIS Stock Report

Market Cap: US$26.9b

General Mills Past Earnings Performance

Past criteria checks 4/6

General Mills has been growing earnings at an average annual rate of 1.6%, while the Food industry saw earnings growing at 11% annually. Revenues have been growing at an average rate of 1.9% per year. General Mills's return on equity is 30.9%, and it has net margins of 15.2%.

Key information

1.58%

Earnings growth rate

3.86%

EPS growth rate

Food Industry Growth15.98%
Revenue growth rate1.92%
Return on equity30.88%
Net Margin15.19%
Last Earnings Update24 Aug 2025

Recent past performance updates

General Mills (NYSE:GIS) Strong Profits May Be Masking Some Underlying Issues

Sep 30
General Mills (NYSE:GIS) Strong Profits May Be Masking Some Underlying Issues

Recent updates

General Mills: Could A Potential Dividend Cut Be On The Menu? (Rating Downgrade)

Sep 30

General Mills (NYSE:GIS) Strong Profits May Be Masking Some Underlying Issues

Sep 30
General Mills (NYSE:GIS) Strong Profits May Be Masking Some Underlying Issues

Is General Mills (NYSE:GIS) Using Too Much Debt?

Aug 12
Is General Mills (NYSE:GIS) Using Too Much Debt?

There's No Escaping General Mills, Inc.'s (NYSE:GIS) Muted Earnings

Jul 25
There's No Escaping General Mills, Inc.'s (NYSE:GIS) Muted Earnings

General Mills' (NYSE:GIS) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 01
General Mills' (NYSE:GIS) Shareholders Will Receive A Bigger Dividend Than Last Year

Returns On Capital At General Mills (NYSE:GIS) Have Hit The Brakes

Apr 24
Returns On Capital At General Mills (NYSE:GIS) Have Hit The Brakes

General Mills: A Decent Dividend Yield And Undervaluation Make It Attractive

Apr 16

Is General Mills (NYSE:GIS) A Risky Investment?

Apr 06
Is General Mills (NYSE:GIS) A Risky Investment?

General Mills Q3 Earnings Preview: More Than A Cash Cow, Initiating With A 'Buy'

Mar 19

General Mills Is A Solid Long-Term Investment With Upside Potential

Mar 10

General Mills: Relative Valuation Has Become More Attractive

Feb 25

General Mills Makes For A Sweet Treat For Your Portfolio

Feb 04

General Mills: 2 Scoops Of Value And Income

Jan 23

General Mills (NYSE:GIS) Hasn't Managed To Accelerate Its Returns

Jan 07
General Mills (NYSE:GIS) Hasn't Managed To Accelerate Its Returns

Is General Mills (NYSE:GIS) Using Too Much Debt?

Dec 18
Is General Mills (NYSE:GIS) Using Too Much Debt?

What Makes General Mills A Top Pick For 2025

Dec 16

General Mills: Offers Relative Value, But Risks Remain

Nov 26

General Mills: Adding Pet Food Exposure

Nov 14

General Mills, Inc.'s (NYSE:GIS) Low P/E No Reason For Excitement

Nov 12
General Mills, Inc.'s (NYSE:GIS) Low P/E No Reason For Excitement

General Mills (NYSE:GIS) Has Announced A Dividend Of $0.60

Oct 04
General Mills (NYSE:GIS) Has Announced A Dividend Of $0.60

General Mills Stock: Going Without Dessert

Sep 26

General Mills: Q1 Earnings, A Report I Didn't Like

Sep 19

General Mills: The Market Is Overreacting To A Bad Quarter

Aug 22

General Mills FY Earnings: A Good Investment (But Not For Everyone)

Jun 23

General Mills: Do Not Always Seek Alpha

Jun 16

General Mills Is A Top Consumer Staples Compounder

May 01

Revenue & Expenses Breakdown

How General Mills makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:GIS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
24 Aug 2519,1562,9093,3660
25 May 2519,4872,2853,3780
23 Feb 2519,6442,5593,2740
24 Nov 2419,9012,6033,2160
25 Aug 2419,8012,4033,1880
26 May 2419,8572,4973,1690
25 Feb 2420,1732,5543,2480
26 Nov 2320,2002,4373,4010
27 Aug 2320,2812,4473,4580
28 May 2320,0942,5943,4120
26 Feb 2319,9552,8023,3210
27 Nov 2219,3672,9093,1200
28 Aug 2219,1712,9003,0530
29 May 2218,9932,7073,0340
27 Feb 2218,6252,3013,0430
28 Nov 2118,6082,2373,0020
29 Aug 2118,3032,3282,9720
30 May 2118,1272,3402,9470
28 Feb 2118,6262,5493,0620
29 Nov 2018,2872,4073,0950
30 Aug 2017,9882,3003,0530
31 May 2017,6272,1813,0390
23 Feb 2016,7652,1262,8520
24 Nov 1916,7832,1182,8110
25 Aug 1916,7741,8812,8150
26 May 1916,8651,7532,8480
24 Feb 1916,5941,5372,8060
25 Nov 1816,2782,0322,7840
26 Aug 1816,0652,1192,7660
27 May 1815,7402,1312,7610
25 Feb 1815,6572,1862,7430
26 Nov 1715,5681,6022,7780
27 Aug 1715,4811,6532,7710
28 May 1715,6201,6582,8150
26 Feb 1715,7411,6282,8870
27 Nov 1615,9501,6322,9550
28 Aug 1616,2631,6803,0200
29 May 1616,5631,6973,1190
28 Feb 1616,9341,5053,1580
29 Nov 1517,2831,4863,1830
30 Aug 1517,5701,3033,2560
31 May 1517,6301,2213,3120
22 Feb 1517,6151,4393,3600
23 Nov 1417,6421,5073,4210

Quality Earnings: GIS has a large one-off gain of $1.0B impacting its last 12 months of financial results to 24th August, 2025.

Growing Profit Margin: GIS's current net profit margins (15.2%) are higher than last year (12.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GIS's earnings have grown by 1.6% per year over the past 5 years.

Accelerating Growth: GIS's earnings growth over the past year (21%) exceeds its 5-year average (1.6% per year).

Earnings vs Industry: GIS earnings growth over the past year (21%) exceeded the Food industry 4.9%.

Return on Equity

High ROE: Whilst GIS's Return on Equity (30.88%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/01 16:16
End of Day Share Price 2025/10/01 00:00
Earnings2025/08/24
Annual Earnings2025/05/25

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

General Mills, Inc. is covered by 46 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher GrajaArgus Research Company
Andrew LazarBarclays
Kenneth ZaslowBMO Capital Markets Equity Research