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General Mills GIS Operating margin

Operating margin at other companies

PepsiCo logo
PepsiCoPEP
12.7%-1.2pp
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
-22.9%-34.4pp
PFG
Performance Food GroupPFGC
1.2%-0.1pp
Dollar General logo
Dollar GeneralDG
5.3%+1.0pp
Church & Dwight logo
Church & DwightCHD
17.3%+4.2pp
Mondelez International logo
Mondelez InternationalMDLZ
9.4%-2.4pp

Other financials

Income statement

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Revenue$4.4B-8.4%
Gross profit$1.4B-16.6%
Operating income$524.6M-41.2%
Net income$303.1M-51.6%
EPS (diluted)$0.56-50.0%

Balance sheet

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Cash & equivalents$785.5M+50.7%
Total debt$11.8B-3.4%
Total equity$9.3B+0.9%
Total assets$32.4B-0.9%

Cash flow

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Operating cash flow$397.9M-25.2%
CapEx$102.4M-1.4%
Free cash flow$295.5M-31.0%

Valuation

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Market cap$17.8B-27.8%
Enterprise value$28.85B-22.1%
P/E-1.6×
P/S-0.3×

Profitability

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Gross margin33%-2.3pp
Net margin12.1%-1.0pp

Returns & leverage

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Return on equity23.8%-3.6pp
Debt / equity1.3×-0.1×
Current ratio0.6×-0.1×

Where this comes from

Calculated from General Mills’s reported figures.

Based on trailing twelve months.

The official record: General Mills’s 10-Q, filed March 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is General Mills's operating margin?
General Mills (GIS) reported operating margin of 19% in Q4 2025.
How has General Mills's operating margin changed year-over-year?
General Mills's operating margin increased by 4.0% year-over-year, from 18.2% to 19%.
What is the long-term trend for General Mills's operating margin?
Over 4 years (2021 to 2025), General Mills's operating margin has grown at a -0.3% compound annual growth rate (CAGR), from 71% to 70.1%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.