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General Mills GIS Return on invested capital

Return on invested capital at other companies

PepsiCo logo
PepsiCoPEP
16.1%-1.7pp
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
-9.1%-12.1pp
PFG
Performance Food GroupPFGC
4.9%-0.9pp
Dollar General logo
Dollar GeneralDG
7.4%+1.7pp
Church & Dwight logo
Church & DwightCHD
13.9%+3.8pp
Mondelez International logo
Mondelez InternationalMDLZ
10%-2.0pp

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
Operating margin19%+0.7pp
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 return on invested capital?
General Mills (GIS) reported return on invested capital of 12.8% in Q4 2025.
How has General Mills's return on invested capital changed year-over-year?
General Mills's return on invested capital decreased by 4.9% year-over-year, from 13.5% to 12.8%.
What is the long-term trend for General Mills's return on invested capital?
Over 4 years (2021 to 2025), General Mills's return on invested capital has grown at a -0.0% compound annual growth rate (CAGR), from 50.9% to 50.9%.
What does return on invested capital mean?
The after-tax return the business earns on all the capital — debt and equity — invested in it.
How do you interpret return on invested capital?
The cleanest measure of business quality: ROIC sustained above the cost of capital creates value, below it destroys value. Compare against WACC, not against zero.
How does return on invested capital compare across companies?
Highly comparable across companies as a quality screen. Sector-sensitive definitions of invested capital mean banks/insurers are best excluded.