General Mills (GIS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

General Mills

NYSE•Consumer Defensive•Packaged Foods

$36.66-0.15(<0.01%)After hours

Market Cap

$19.75B

P/S

1.1x

P/B

2.7x

General Mills, Inc. manufactures and markets branded consumer food in the United States and internationally. The company operates through four segments: North America Retail; International; North America Pet; and North America Foodservice. It offers snacks, including grain, fruit and savory snacks, nutrition bars, and frozen hot snacks; ready-to-eat cereal; convenient meals comprising meal kits, ethnic meals, pizza, soup, side dish mixes, frozen breakfast, and frozen entrees; wholesome natural pet food; refrigerated and frozen dough; baking mixes and ingredients; and ice cream products. The company also offers dog and cat food, such as dry food, wet food, fresh food, and treats. In addition, it operates 232 and franchises 376 ice cream parlors. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, Dunkaroos, Edgard & Cooper, Fiber One, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Gold Medal, Golden Grahams, Häagen-Dazs, Kitano, Kix, Lärabar, Latina, Lucky Charms, Nature Valley, Nudges, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Tastefuls, Tiki Pets, Total, Totino's, Trix, True Solutions, Wanchai Ferry, Wheaties, Wilderness, and Yoki brands. It sells its products to grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores. The company was founded in 1866 and is headquartered in Minneapolis, Minnesota.

How this company scores

WeakMetricSide Score: 36/100

Strongest: Cash & Earnings Quality (14/25); weakest: Growth (5/25).

Profitability8/25

Growth5/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality14/25

Strengths

Long cash runwayConsistent free cash flowNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 10.8x5y range 9.3x – 19.2x

Currently below its 19-quarter median.

P/S · 1.1x5y range 1.1x – 2.6x

Currently below its 20-quarter median.

P/B · 2.7x5y range 2.6x – 4.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 70.8% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $19.75B

Metrics at a Glance

as of May 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $18.42B
Q. Revenue: $4.61B
TTM EBITDA: $1.44B
TTM Op. Income: $885.80M
Q. Op. Income: $-2.09B
TTM Net Income: $-87.60M
Q. Net Income: $-2.01B
EPS: $-3.743
Shares Out.: $536.50M

$18.42B in TTM revenue declined 5.4% YoY, reaching $4.61B last quarter. TTM EBITDA of $1.44B and TTM operating income of $885.80M show growth is flowing through to the bottom line. However, net income is negative at $87.60M — growth is not yet reaching the bottom line. Over the past year, TTM revenue is down 5% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 34.8%
EBITDA Margin: -36.4%
Op. Margin: -45.4%
Net Margin: -43.6%

Op. margin of -45.4% is down 56.5% YoY — costs are rising relative to revenue. Net margin at -43.6% and gross margin of 34.8% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 3 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 1.1x
P/B Ratio: 2.7x

P/S of 1.1x and P/B of 2.7x. P/S is low relative to typical market levels. Across the last 7 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $30.02B
Cash: $453.80M
Long-Term Debt: $13.47B
Book Value: $7.37B
D/E Ratio: 1.8
Debt/EBITDA: N/A

With $30.02B in assets and $13.47B in long-term debt, D/E is 1.8and book value is $7.37B — moderate leverage. Over the past year, debt/equity is up 33% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $552.00M
TTM Free Cash Flow: $1.63B
FCF Margin: 8.8%
FCF / Net Income: -18.6

TTM FCF of $1.63B on $552.00M in operating cash flow. The FCF / Net Income ratio of -18.6x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 6 consecutive quarters — a weakening trend.