Goodwill
General Mills Goodwill increased by 0.2% to $15.63B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.7%, from $15.52B to $15.63B. Over 4 years (FY 2021 to FY 2025), Goodwill shows an upward trend with a 2.7% CAGR.
Analysis
How to read this metric
A significant increase indicates recent M&A activity, while a sudden decrease typically signals an impairment charge due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Standard metric for companies that grow through acquisition; comparable across all industries.
goodwillHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $14.06B | $14.55B | $14.52B | $14.55B | $14.38B | $14.45B | $14.48B | $14.49B | $14.51B | $14.52B | $14.44B | $14.43B | $14.75B | $14.79B | $14.43B | $15.52B | $15.62B | $15.66B | $15.60B | $15.63B |
| QoQ Change | — | +3.5% | -0.2% | +0.2% | -1.2% | +0.5% | +0.1% | +0.1% | +0.2% | +0.1% | -0.6% | -0.1% | +2.2% | +0.3% | -2.4% | +7.6% | +0.7% | +0.2% | -0.4% | +0.2% |
| YoY Change | — | — | — | — | +2.2% | -0.7% | -0.3% | -0.4% | +0.9% | +0.5% | -0.2% | -0.4% | +1.7% | +1.8% | -0.1% | +7.5% | +5.9% | +5.9% | +8.1% | +0.7% |
Business Segments
| Segment | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| North America Pet | $6.06B | $6.06B | $6.06B | $7.15B | $7.15B | $7.15B | $7.12B | $7.12B |
| North America Retail | $6.54B | $6.54B | $6.32B | $6.32B | $6.32B | $6.32B | $6.32B | $6.32B |
| International | — | — | — | — | $951.70M | — | $960.70M | $984.80M |
| North America Foodservice | $805.50M | $805.50M | $755.50M | $755.50M | $755.50M | $755.40M | $755.40M | $755.30M |
| Total | $14.75B | $14.79B | $14.43B | $15.52B | $15.62B | $15.66B | $15.60B | $15.63B |
International, North America Foodservice, North America Pet, North America Retail were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is General Mills's goodwill?
- General Mills (GIS) reported goodwill of $15.63B in Q4 2025.
- How has General Mills's goodwill changed year-over-year?
- General Mills's goodwill increased by 0.7% year-over-year, from $15.52B to $15.63B.
- What is the long-term trend for General Mills's goodwill?
- Over 4 years (2021 to 2025), General Mills's goodwill has grown at a 2.7% compound annual growth rate (CAGR), from $14.06B to $15.62B.
- What does goodwill mean?
- The excess price paid for an acquisition over the fair value of its net assets.