What is General Mills's PP&E (net)?

General Mills (GIS) reported PP&E (net) of $3.44B in Q1 2026.

How has General Mills's PP&E (net) changed year-over-year?

General Mills's PP&E (net) decreased by 5.2% year-over-year, from $3.63B to $3.44B.

What is the long-term trend for General Mills's PP&E (net)?

Over 5 years (2021 to 2026), General Mills's PP&E (net) has grown at a -0.9% compound annual growth rate (CAGR), from $3.61B to $3.44B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

General Mills GIS PP&E (Net)

PP&E (Net) at other companies

BRI

Bridgford FoodsBRID

$59.33M-6.0%

Campbell SoupCPB

$2.74B+2.6%

Conagra BrandsCAG

$2.86B+1.0%

PepsiCoPEP

$29.77B+3.4%

The J.M. Smucker CompanySJM

$3.03B-1.5%

Lifeway FoodsLWAY

$57.84M+106%

Segments

By geography

See full

United States$3.04B—

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$19.46B-29.9%

Enterprise value$31.89B-23.8%

P/S1.1×-0.4×

Profitability

See full

Gross margin33%-2.3pp

Operating margin4.8%-12.2pp

Net margin-0.5%-12.3pp

FCF margin5%-6.8pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentNet.

The official record: General Mills’s 10-K, filed July 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is General Mills's PP&E (net)?: General Mills (GIS) reported PP&E (net) of $3.44B in Q1 2026.
How has General Mills's PP&E (net) changed year-over-year?: General Mills's PP&E (net) decreased by 5.2% year-over-year, from $3.63B to $3.44B.
What is the long-term trend for General Mills's PP&E (net)?: Over 5 years (2021 to 2026), General Mills's PP&E (net) has grown at a -0.9% compound annual growth rate (CAGR), from $3.61B to $3.44B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.