General Mills GIS Ratios & Valuation
| TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 135.7%-2.3pp | 138%-1.5pp | 139.5%-0.3pp | 139.8%-0.4pp | 140.1%+0.8pp | |
| Operating margin | 78.3%+0.7pp | 77.6%+2.4pp | 75.2%+5.1pp | 70.1%-0.3pp | 70.4%+1.0pp | |
| Net margin | 52.6%-1.0pp | 53.6%+0.4pp | 53.1%+3.1pp | 50%-0.8pp | 50.8%+0.4pp | |
| EBITDA margin | 89.8%+1.0pp | 88.9%+2.5pp | 86.3%+5.1pp | 81.2%-0.3pp | 81.6%+1.1pp | |
| Free cash flow margin | 41.2%-3.6pp | 44.8%-4.6pp | 49.4%-3.1pp | 52.5%-1.0pp | 53.4%+0.9pp | |
| Returns | ||||||
| Return on equity | 107%-3.6pp | 110.5%-0.6pp | 111.2%+6.5pp | 104.7%-0.5pp | 105.1%+1.4pp | |
| Return on assets | 30.6%-1.2pp | 31.9%-0.4pp | 32.2%+1.4pp | 30.8%-0.8pp | 31.7%-0.2pp | |
| Return on invested capital | 54%-0.7pp | 54.7%+0.6pp | 54%+3.1pp | 50.9%-1.1pp | 52%+0.3pp | |
| Efficiency | ||||||
| Asset turnover | 2.3×-0.1× | 2.4×0.0× | 2.4×0.0× | 2.5×0.0× | 2.5×0.0× | |
| Inventory turnover | 26×-0.1× | 26.1×0.0× | 26.1×+0.1× | 26×+0.3× | 25.7×+0.2× | |
| Liquidity | ||||||
| Current ratio | 2.6×-0.1× | 2.7×-0.3× | 2.9×0.0× | 2.9×0.0× | 2.9×0.0× | |
| Quick ratio | 1.6×-0.1× | 1.7×-0.3× | 1.9×0.0× | 1.9×0.0× | 1.9×0.0× | |
| Cash ratio | 0.3×0.0× | 0.3×-0.2× | 0.5×+0.1× | 0.5×0.0× | 0.5×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 5.5×-0.1× | 5.6×-0.1× | 5.7×-0.1× | 5.8×+0.2× | 5.6×0.0× | |
| Debt-to-assets | 1.6×0.0× | 1.6×0.0× | 1.6×0.0× | 1.6×0.0× | 1.6×0.0× | |
| Net debt / EBITDA | 11.6×-0.1× | 11.7×+0.1× | 11.6×-0.9× | 12.5×+0.6× | 11.9×-0.1× | |
| Interest coverage | 28×-0.4× | 28.4×-0.1× | 28.5×+1.0× | 27.5×-0.9× | 28.4×-0.5× | |
| Valuation | ||||||
| Market capitalization | $105.41B-8.1% | $114.69B-9.1% | $126.22B-9.9% | $140.08B-6.1% | $149.25B-2.0% | |
| Enterprise value | $154.17B-6.1% | $164.13B-6.0% | $174.57B-8.1% | $190B-3.6% | $197.13B-1.6% | |
| Price / earnings | 42.8×-2.2× | 45×-4.2× | 49.1×-7.7× | 56.8×-2.6× | 59.5×-1.2× | |
| Price / sales | 5.6×-0.4× | 5.9×-0.5× | 6.4×-0.7× | 7.1×-0.4× | 7.5×-0.1× | |
| Price / book | 11.3×-1.0× | 12.3×-1.3× | 13.6×-1.6× | 15.2×-0.9× | 16.1×-0.3× | |
| EV / EBITDA | 36.6×-2.2× | 38.9×-3.0× | 41.9×-5.7× | 47.6×-1.4× | 48.9×-1.1× | |
| EV / sales | 8.1×-0.4× | 8.5×-0.4× | 8.9×-0.7× | 9.6×-0.3× | 10×-0.1× | |
| Free cash flow yield | 29.6%-0.6pp | 30.2%-0.6pp | 30.7%+1.0pp | 29.7%+1.2pp | 28.4%+0.9pp | |
| Earnings yield | 38%+1.5pp | 36.5%+3.0pp | 33.5%+5.1pp | 28.4%+1.3pp | 27.1%+0.6pp | |
| Dividend yield | 20.3%+1.4pp | 18.8%+1.6pp | 17.3%+1.7pp | 15.6%+1.0pp | 14.6%+0.3pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are General Mills's profit margins?
- General Mills (GIS) runs a 33.0% gross margin and a 19.0% operating margin, with a 12.1% net margin.
- Where do General Mills's ratios come from?
- Every ratio is computed from General Mills's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
