Fundamental analysis · SEC EDGAR · as of 31/05/2026

Fundamental analysis of General Mills Inc

GIS · NYSE · Consumer

Fundamental quality

DEMANDING

53

out of 100

General Mills Inc is in full growth mode but not yet profitable: revenue is growing strongly (53.1% a year), but it doesn't translate into earnings yet. On fundamental quality it scores 53 out of 100, profiling it as a company with demanding fundamentals. Its weakest area is its profitability (net margin -0.5%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

General Mills sells packaged food from century-old brands —Cheerios cereal, Häagen-Dazs, Gold Medal flour— plus pet food (Blue Buffalo). Defensive consumer staples with the sector's typical photo: stable, dividend-paying, slow-growing.

What will shape its future

  • Its pricing power versus private label in a closely watched grocery basket.
  • Pet-food growth, its most dynamic category.
  • GLP-1 drugs and health pressure on processed food, a structural headwind.

Breakdown by area

I.Growth
95

Revenue growth: 53.1%

II.Profitability
19

Net margin: -0.5% · ROE: -1.2% · ROIC: 2.8%

III.Financial health
41

Net debt/EBITDA: 9.03x · FCF: 8.8%

Source: SEC EDGAR · as of 31/05/2026

The score includes +1 for dividend strength: 6 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Versus its sector

Percentile against the other 98 Consumer companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 8%
ROEbeats 10%
Growthbeats 95%
Cash generationbeats 62%
Less debtbeats 1%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

General Mills Inc strengths

  • Revenue growing strongly (53.1% annualized).
  • Positive free cash flow year after year, a self-funding business.

General Mills Inc risks and weaknesses

  • Very high leverage (net debt of 9.03× EBITDA): more exposed to rates and to a rough patch.
  • No profits over the last twelve months (negative EPS).
  • Losses over the last twelve months (net margin of -0.5%).
  • It has slipped into losses after years of profit.

General Mills Inc historical evolution

YearRevenueNet incomeFree cash flowNet debt
20212,1892,3402,45210,746
20222,1342,7072,74710,240
20231,9572,5942,0899,411
20242,0382,4972,52910,898
202519,4872,2952,29313,838
202618,425-881,62613,016

Between 2021 and 2026, revenue went from $2,189M to $18,425M (+742%) and net income went from $2,340M to -$88M (-104%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Dividend

$2.44

per share, yearly

80.9% of free cash flow

Payout

6 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is General Mills Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is General Mills Inc a good company to invest in?

In terms of business quality, General Mills Inc scores 53 out of 100 in our analysis, placing it as a company with demanding fundamentals. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is General Mills Inc a profitable company?

Over the last twelve months, no: General Mills Inc posts a negative net margin (-0.5%).

Does General Mills Inc have a lot of debt?

Yes, its leverage is high: net debt is 9.03 times its EBITDA.

Is General Mills Inc growing?

Its revenue has grown 53.1% annualized in recent years.

Does General Mills Inc generate cash?

Yes. It converts about 8.8% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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