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%-4.5pp | 138%-1.3pp | 139.5%+1.1pp | 139.8%+2.1pp | 140.1%+4.8pp | |
| Operating margin | 78.3%+7.9pp | 77.6%+8.2pp | 75.2%+7.6pp | 70.1%+3.2pp | 70.4%+3.7pp | |
| Net margin | 52.6%+1.8pp | 53.6%+3.1pp | 53.1%+3.7pp | 50%+0.7pp | 50.8%+1.1pp | |
| EBITDA margin | 89.8%+8.2pp | 88.9%+8.4pp | 86.3%+7.8pp | 81.2%+3.4pp | 81.6%+4.0pp | |
| Free cash flow margin | 41.2%-12.2pp | 44.8%-7.7pp | 49.4%-0.6pp | 52.5%+6.5pp | 53.4%+9.8pp | |
| Returns | ||||||
| Return on equity | 107%+1.8pp | 110.5%+6.8pp | 111.2%+10.4pp | 104.7%+5.1pp | 105.1%+6.0pp | |
| Return on assets | 30.6%-1.0pp | 31.9%0.0pp | 32.2%+0.7pp | 30.8%-1.0pp | 31.7%-0.5pp | |
| Return on invested capital | 54%+2.0pp | 54.7%+3.0pp | 54%+3.8pp | 50.9%+0.7pp | 52%+1.7pp | |
| Efficiency | ||||||
| Asset turnover | 2.3×-0.2× | 2.4×-0.1× | 2.4×-0.1× | 2.5×-0.1× | 2.5×-0.1× | |
| Inventory turnover | 26×+0.3× | 26.1×+0.6× | 26.1×+0.7× | 26×+0.5× | 25.7×-0.2× | |
| Liquidity | ||||||
| Current ratio | 2.6×-0.3× | 2.7×-0.2× | 2.9×+0.3× | 2.9×+0.2× | 2.9×+0.2× | |
| Quick ratio | 1.6×-0.3× | 1.7×-0.2× | 1.9×+0.4× | 1.9×+0.4× | 1.9×+0.3× | |
| Cash ratio | 0.3×-0.1× | 0.3×-0.2× | 0.5×+0.2× | 0.5×+0.2× | 0.5×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 5.5×0.0× | 5.6×0.0× | 5.7×+0.1× | 5.8×+0.5× | 5.6×+0.5× | |
| Debt-to-assets | 1.6×0.0× | 1.6×0.0× | 1.6×-0.1× | 1.6×0.0× | 1.6×0.0× | |
| Net debt / EBITDA | 11.6×-0.3× | 11.7×-0.3× | 11.6×-1.0× | 12.5×+0.1× | 11.9×-0.2× | |
| Interest coverage | 28×-0.4× | 28.4×-0.4× | 28.5×-0.5× | 27.5×-2.6× | 28.4×-3.6× | |
| Valuation | ||||||
| Market capitalization | $105.41B-29.4% | $114.69B-24.7% | $126.22B-17.2% | $140.08B-7.6% | $149.25B-8.0% | |
| Enterprise value | $154.17B-21.8% | $164.13B-18.1% | $174.57B-13.7% | $190B-5.1% | $197.13B-5.9% | |
| Price / earnings | 42.8×-16.7× | 45×-15.7× | 49.1×-12.6× | 56.8×-4.2× | 59.5×-5.1× | |
| Price / sales | 5.6×-2.0× | 5.9×-1.7× | 6.4×-1.2× | 7.1×-0.4× | 7.5×-0.5× | |
| Price / book | 11.3×-4.8× | 12.3×-4.0× | 13.6×-2.7× | 15.2×-0.6× | 16.1×-0.3× | |
| EV / EBITDA | 36.6×-12.3× | 38.9×-11.2× | 41.9×-9.6× | 47.6×-3.6× | 48.9×-4.6× | |
| EV / sales | 8.1×-1.8× | 8.5×-1.5× | 8.9×-1.2× | 9.6×-0.3× | 10×-0.4× | |
| Free cash flow yield | 29.6%+1.1pp | 30.2%+2.6pp | 30.7%+4.5pp | 29.7%+5.2pp | 28.4%+6.3pp | |
| Earnings yield | 38%+10.9pp | 36.5%+10.0pp | 33.5%+7.5pp | 28.4%+2.2pp | 27.1%+2.1pp | |
| Dividend yield | 20.3%+5.7pp | 18.8%+4.6pp | 17.3%+3.1pp | 15.6%+1.4pp | 14.6%+1.3pp |
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.
