Non-Current Assets
PP&E (Net)
General Mills PP&E (Net) decreased by 0.6% to $3.49B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.9%, from $3.46B to $3.49B. Over 4 years (FY 2021 to FY 2025), PP&E (Net) shows relatively stable performance with a 0.2% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026Mar 18, 2026
How to read this metric
An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.
Detailed definition
This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...
Peer comparison
Standard line item for all manufacturing and industrial companies; directly comparable across peers.
Metric ID:
property_plant_equipment_netHistorical Data
20 periods
| 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 | $3.61B | $3.34B | $3.29B | $3.29B | $3.39B | $3.36B | $3.36B | $3.35B | $3.64B | $3.59B | $3.60B | $3.64B | $3.86B | $3.78B | $3.46B | $3.46B | $3.63B | $3.58B | $3.51B | $3.49B |
| QoQ Change | — | -7.3% | -1.5% | -0.1% | +3.2% | -1.0% | -0.0% | -0.1% | +8.4% | -1.4% | +0.4% | +1.2% | +6.0% | -2.3% | -8.5% | +0.1% | +5.0% | -1.4% | -1.9% | -0.6% |
| YoY Change | — | — | — | — | -5.9% | +0.5% | +2.0% | +2.0% | +7.1% | +6.7% | +7.2% | +8.6% | +6.3% | +5.3% | -3.9% | -5.0% | -6.0% | -5.1% | +1.7% | +0.9% |
Range$3.29B – $3.86B
CAGR-0.7%
Avg YoY Growth+1.4%
Median YoY Growth+1.8%
Current Streak3 quarters decline
Geographic Breakdown — Non Us
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Non Us | $892.10M | $718.60M | $715.70M | $708.60M | $596.00M |
| Total | $3.61B | $3.39B | $3.64B | $3.86B | $3.63B |
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is General Mills's pp&e (net)?
- General Mills (GIS) reported pp&e (net) of $3.49B in Q4 2025.
- How has General Mills's pp&e (net) changed year-over-year?
- General Mills's pp&e (net) increased by 0.9% year-over-year, from $3.46B to $3.49B.
- What is the long-term trend for General Mills's pp&e (net)?
- Over 4 years (2021 to 2025), General Mills's pp&e (net) has grown at a 0.2% compound annual growth rate (CAGR), from $3.61B to $3.63B.
- What does pp&e (net) mean?
- The current book value of physical assets after accounting for wear and tear.