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General Mills GIS Gain (loss) on disposal of assets

Gain (loss) on disposal of assets at other companies

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-$400K+55.6%

Other financials

Income statement

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Revenue$4.6B+1.2%
Gross profit$1.6B+8.8%
Operating income$524.6M-41.1%
Net income-$2.0B-783%
EPS (diluted)-$3.74-806%

Balance sheet

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Cash & equivalents$453.8M+24.7%
Total debt$12.9B-15.8%
Total equity$7.4B-19.9%
Total assets$30.0B-9.2%

Cash flow

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Operating cash flow$552.0M-9.7%
CapEx$184.4M-16.3%
Free cash flow$367.6M-6.1%

Valuation

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Market cap$19.18B-28.3%
Enterprise value$31.61B-22.6%
P/S-0.3×

Profitability

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Gross margin33%-2.3pp
Operating margin4.8%-12.2pp
Net margin-0.5%-12.3pp
FCF margin5%-6.8pp

Returns & leverage

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Return on equity-1.1%-25.8pp
Debt / equity1.8×+0.2×
Current ratio0.7×0.0×

Where this comes from

Reported directly by General Mills in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnSaleOfBusiness.

The source filing: General Mills’s 10-K, filed July 1, 2026.

Filed
Jul 1, 2026, 3:20 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-046466
Line itemFiscal Year / 2026Fiscal Year / 2025Fiscal Year / 2024
Net sales$18,424.6$19,486.6$19,857.2
Cost of sales12,228.912,753.612,925.1
Selling, general, and administrative expenses3,388.53,445.83,259.0
Divestitures gain, net(1,049.4)(95.9)
Restructuring, transformation, impairment, and other exit costs2,970.878.3241.4
Operating profit885.83,304.83,431.7
Benefit plan non-service income(58.3)(54.4)(75.8)
Interest, net538.6524.2479.2

ITEM 8 - Financial Statements and Supplementary Data

FAQ

What is General Mills's gain (loss) on disposal of assets?
General Mills (GIS) reported gain (loss) on disposal of assets of $0 in Q1 2026.
What is the long-term trend for General Mills's gain (loss) on disposal of assets?
Over 4 years (2022 to 2026), General Mills's gain (loss) on disposal of assets has grown at a 52.5% compound annual growth rate (CAGR), from $194.1M to $1.05B.
What does gain (loss) on disposal of assets mean?
Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.

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