Stocktoria

GENERAL MILLS INC GIS

NYSE · stock · Grain Mill Products · website · IPO 1928-11-30 · LEI

GENERAL MILLS INC statistics & valuation

Market cap$19.2B
P / S1.0×
P / B2.6×
P / FCF11.8×
Dividend yield6.84%
Net margin-0.5%
Return on equity-1.2%
FCF margin8.8%
Net debt$13.0B
Net debt / EBITDA9×
Enterprise value USD$32.2B
EV / EBITDA22.4×
Earnings yield EBIT/EV2.7%
Return on capital3.8%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
10.60% 13.50% 10.40% 12.40% 12.90% 14.30% 12.90% 12.60% 11.80% -0.50% 2017201820192020202120222023202420252026
Gross margin (%)
2017201820192020202120222023202420252026
Operating margin (%)
16.00% 15.40% 14.90% 16.80% 17.30% 18.30% 17.10% 17.30% 17.00% 4.80% 2017201820192020202120222023202420252026
Return on equity (%)
35.40% 32.80% 23.80% 26.10% 23.90% 25.10% 24.20% 25.90% 24.90% -1.20% 2017201820192020202120222023202420252026
Shares outstanding
598.0M 585.7M 605.4M 613.3M 619.1M 612.6M 601.2M 579.5M 557.5M 537.7M 2017201820192020202120222023202420252026
Net debt ($)
$6.88B $12.27B $11.17B $9.25B $8.28B $8.57B $13.84B $13.02B 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
7.60% 7.00% 5.80% 7.10% 7.30% 8.70% 8.20% 7.90% 6.90% -0.30% 2017201820192020202120222023202420252026
Free cash flow margin (%)
11.10% 14.10% 13.50% 18.20% 13.50% 14.50% 10.40% 12.70% 11.80% 8.80% 2017201820192020202120222023202420252026
Debt / equity (×)
1.63× 1.95× 1.58× 1.31× 1.00× 0.85× 1.54× 1.83× 2017201820192020202120222023202420252026
EPS ($)
$2.77 $3.64 $2.90 $3.56 $3.78 $4.42 $4.31 $4.31 $4.10 -$0.16 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

GENERAL MILLS INC trades at about 9.3× earnings — below its 10-year norm (10-year range 12.2×–25.7×, median 17.3×).

9.3× 25.7×

Shaded band = 10-year range (12.2×–25.7×); dot = today's 9.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating margin4.8%17.0%17.3%17.1%18.3%17.3%16.8%14.9%15.4%16.0%
Net margin-0.5%11.8%12.6%12.9%14.3%12.9%12.4%10.4%13.5%10.6%
FCF margin8.8%11.8%12.7%10.4%14.5%13.5%18.2%13.5%14.1%11.1%
Return on assets-0.3%6.9%7.9%8.2%8.7%7.3%7.1%5.8%7.0%7.6%
Return on equity-1.2%24.9%25.9%24.2%25.1%23.9%26.1%23.8%32.8%35.4%
Debt / equity1.83×1.54×——0.85×1.00×1.31×1.58×1.95×1.63×
Current ratio0.680.670.650.690.630.700.680.590.560.76

Computed from company filings · US · as of 2026-05-31. Facts plus Stocktoria's own computed scores — not investment advice.