GIS
General Mills Inc
NYSE: GIS · CONSUMER DEFENSIVE · PACKAGED FOODS
$34.47
-0.81% today
Updated 2026-04-29
Market cap
$18.40B
P/E ratio
8.43
P/S ratio
1.00x
EPS (TTM)
$4.09
Dividend yield
6.99%
52W range
$34 – $53
Volume
9.0M
General Mills Inc (GIS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.71B | $12.44B | $13.65B | $14.69B | $14.64B | $14.88B | $16.66B | $17.77B | $17.91B | $17.63B | $16.56B | $15.62B | $15.74B | $16.87B | $17.63B | $18.13B | $18.99B | $20.09B | $19.86B | $19.49B |
| Revenue growth (YoY) | — | +6.2% | +9.7% | +7.6% | -0.4% | +1.7% | +11.9% | +6.7% | +0.8% | -1.6% | -6.1% | -5.7% | +0.8% | +7.1% | +4.5% | +2.8% | +4.8% | +5.8% | -1.2% | -1.9% |
| Cost of revenue | $7.54B | $7.96B | $8.78B | $9.46B | $8.84B | $8.93B | $10.61B | $11.35B | $11.54B | $11.68B | $10.73B | $10.05B | $10.30B | $11.11B | $11.50B | $11.68B | $12.59B | $13.55B | $12.93B | $12.75B |
| Gross profit | $4.17B | $4.49B | $4.87B | $5.23B | $5.80B | $5.95B | $6.04B | $6.42B | $6.37B | $5.95B | $5.83B | $5.57B | $5.44B | $5.76B | $6.13B | $6.45B | $6.40B | $6.55B | $6.93B | $6.73B |
| Gross margin | 35.6% | 36.1% | 35.7% | 35.6% | 39.6% | 40.0% | 36.3% | 36.1% | 35.6% | 33.7% | 35.2% | 35.6% | 34.5% | 34.1% | 34.8% | 35.6% | 33.7% | 32.6% | 34.9% | 34.6% |
| R&D | $173.00M | $191.00M | $204.70M | $208.20M | $218.30M | $235.00M | $245.40M | $237.90M | $243.60M | $229.40M | $222.10M | $218.20M | $219.10M | $221.90M | $224.40M | $239.30M | $243.10M | $257.60M | $257.80M | $256.60M |
| SG&A | $2.68B | $2.39B | $2.63B | $2.95B | $3.25B | $3.19B | $3.38B | $3.58B | $3.46B | $3.33B | $3.11B | $2.89B | $2.18B | $2.25B | $2.35B | $2.21B | $2.34B | $2.60B | $2.34B | $2.53B |
| Operating income | $1.96B | $2.06B | $2.23B | $2.33B | $2.61B | $2.77B | $2.56B | $2.85B | $2.96B | $2.08B | $2.71B | $2.49B | $2.42B | $2.52B | $2.95B | $3.14B | $3.48B | $3.43B | $3.43B | $3.30B |
| Operating margin | 16.7% | 16.5% | 16.3% | 15.8% | 17.8% | 18.6% | 15.4% | 16.0% | 16.5% | 11.8% | 16.3% | 16.0% | 15.4% | 14.9% | 16.8% | 17.3% | 18.3% | 17.1% | 17.3% | 17.0% |
| EBITDA | $2.41B | $2.48B | $2.69B | $2.80B | $3.03B | $3.25B | $3.11B | $3.45B | $3.56B | $2.68B | $3.32B | $3.18B | $3.14B | $3.23B | $3.67B | $3.89B | $4.16B | $4.08B | $4.08B | $3.92B |
| EBITDA margin | 20.6% | 19.9% | 19.7% | 19.1% | 20.7% | 21.9% | 18.7% | 19.4% | 19.9% | 15.2% | 20.1% | 20.3% | 19.9% | 19.1% | 20.8% | 21.4% | 21.9% | 20.3% | 20.5% | 20.1% |
| EBIT | $1.99B | $2.06B | $2.23B | $2.35B | $2.57B | $2.78B | $2.57B | $2.86B | $2.97B | $2.09B | $2.72B | $2.57B | $2.52B | $2.61B | $3.07B | $3.29B | $3.59B | $3.54B | $3.53B | $3.38B |
| Interest expense | $366.00M | $394.00M | $427.00M | $353.20M | $350.40M | $341.50M | $352.30M | $317.80M | $307.00M | $319.00M | $301.30M | $301.50M | $398.70M | $518.20M | $461.00M | $418.00M | $376.60M | $393.40M | $503.10M | $549.30M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.09B | $1.14B | $1.29B | $1.30B | $1.53B | $1.80B | $1.57B | $1.86B | $1.82B | $1.22B | $1.70B | $1.66B | $2.13B | $1.75B | $2.18B | $2.34B | $2.71B | $2.59B | $2.50B | $2.30B |
| Net income growth (YoY) | — | +4.9% | +13.2% | +0.7% | +17.3% | +17.5% | -12.8% | +18.4% | -1.7% | -33.1% | +39.0% | -2.4% | +28.6% | -17.8% | +24.4% | +7.3% | +15.7% | -4.2% | -3.8% | -8.1% |
| Profit margin | 9.3% | 9.2% | 9.5% | 8.9% | 10.5% | 12.1% | 9.4% | 10.4% | 10.2% | 6.9% | 10.2% | 10.6% | 13.5% | 10.4% | 12.4% | 12.9% | 14.3% | 12.9% | 12.6% | 11.8% |