Stocks · Consumer Defensive · Packaged Foods

General Mills, Inc. GIS

$32.01 +1.07% Close, Oct 2, 2026 · NYSE · Market cap $17.08B

Next earnings report: Dec 23, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $-1.66, down 131.4% year over year.
  2. Operating margin narrowed to 14.2% from 21.9% a year earlier.
  3. Net debt is 4.4× EBITDA, a high level of leverage.

PromtFinance scores

Each score is a percentile within the Consumer Defensive sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth11Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 20%
  • EPS growth (TTM, YoY)Bottom 12%
  • FCF growth (TTM, YoY)Bottom 24%
  • Revenue growth, 3-year CAGRBottom 16%
  • Revenue growth accelerationTop 39%
Quality63Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 29%
  • Gross marginBottom 49%
  • Operating marginTop 24%
  • Accruals (lower is better)Top 20%
  • Net debt / EBITDA (lower is better)Bottom 22%
  • Interest coverBottom 48%
Value48Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 21%
  • Free-cash-flow yieldTop 29%
  • EBITDA / enterprise valueTop 31%
  • Sales / enterprise valueBottom 34%
Momentum25Very weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 32%
  • 6-month returnBottom 37%
  • 1-year return vs S&P 500Bottom 21%
  • Distance from 52-week highBottom 31%
  • Trend checklist (0–4)Bottom 22%
Revisions15Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 38%
  • Consecutive EPS beatsTop 45%
  • Share of analysts rating BuyBottom 11%
  • Upside to consensus price targetBottom 23%
Stability52Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 38%
  • Maximum drawdown, 3 yearsBottom 42%
  • Beta vs S&P 500 (lower is better)Top 11%
  • Net debt / EBITDA (lower is better)Bottom 22%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)-5.4%-4.5%↑
EPS growth (YoY)-104.4%-131.4%↓
Gross margin34.3%33.4%↓
Operating margin21.9%14.2%↓
FCF margin10.9%8.5%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-4.5%-5.4%↑Bottom 20%
EPS growth (TTM, YoY)-131.4%-104.4%↓Bottom 12%
Gross margin33.4%34.3%↓Bottom 49%
Operating margin14.2%21.9%↓Top 24%
Net margin-4.9%15.2%↓—
Free-cash-flow margin8.5%10.9%↓—
Return on invested capital10.6%—Top 29%
Revenue growth, 3-year CAGR-2.9%—Bottom 16%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-9.8%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.5%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+2.9 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
4.35×
Interest cover (operating income / interest)How many times operating profit covers interest.
4.7×

Shareholder returns

Dividend yield (dividends paid, TTM)
7.70%
Net buyback yield (TTM)
0.00%
Shareholder yield
7.70%
Share count change, 1 year
-0.8%
Share count change, 3-year CAGR
-3.1%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Aug 30, 2026 (filed Sep 23, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
2
Beats in the last 8 reports
7 of 8
Average EPS surprise, last 4
+4.6%
Average 2-day reaction, last 8
-0.1%
Positive 20 days after report
1 of 7

Analysts

Consensus price target
$36.00
Target vs current price
+12.5%
Analysts with a rating
36
Share rating Buy or Strong Buy
22%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Sep 23, 2026+4.6%+1.0%-4.6%——
Jul 1, 2026+19.2%+8.5%+4.4%+9.0%+0.1%
Mar 18, 2026-12.1%-3.0%-5.0%-11.0%-12.7%
Dec 17, 2025+6.8%+3.4%-0.8%-3.0%-17.1%
Sep 17, 2025+5.1%-0.8%+2.0%-2.0%-7.8%
Jun 25, 2025+4.4%-5.1%-0.4%-4.0%-6.7%
Mar 19, 2025+4.4%-2.1%-4.4%-4.3%-9.4%
Dec 18, 2024+14.8%-3.1%-3.3%-9.6%-8.3%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Sep 23, 2026$0.75$0.72+4.6%$4.39B
Jul 1, 2026$0.95$0.80+19.2%$4.61B
Mar 18, 2026$0.64$0.73-12.1%$4.44B
Dec 17, 2025$1.10$1.03+6.8%$4.86B
Sep 17, 2025$0.86$0.82+5.1%$4.52B
Jun 25, 2025$0.74$0.71+4.4%$4.56B
Mar 19, 2025$1.00$0.96+4.4%$4.84B
Dec 18, 2024$1.40$1.22+14.8%$5.24B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (forward)10.4×———
EV / EBITDA10.0×——Top 31%
EV / Sales1.65×——Bottom 34%
Free-cash-flow yield9.05%——Top 29%
Earnings yield-5.19%——Bottom 21%

P/E over the past five years

Range 9.2× – 18.0× since Aug 29, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-36.9%
Earnings per share growth (TTM)
-131.4%
Change in P/E multiple
-29.2%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-1.5%
200-day average slope (20 days)
-2.9%
Distance from 50-day average
-13.9%
Distance from 200-day average
-17.5%
RSI (14)
26.5
Relative volume
1.27×

Risk and drawdowns

Volatility, 60 days (annualized)
32.1%
Volatility vs own 5-year history
96th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
0.06
Correlation with S&P 500
0.04
Current drawdown from 1-year high
-37.1%
Maximum drawdown, 3 years
-57.9%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
May 12, 2023Oct 1, 2026-65.0%849 daysNot yet recovered
Dec 8, 2022Feb 15, 2023-14.2%46 days44 days (Apr 20, 2023)
Oct 13, 2020Jan 12, 2021-13.3%62 days68 days (Apr 21, 2021)
Jun 4, 2021Sep 7, 2021-11.3%65 days62 days (Dec 3, 2021)
Jan 14, 2022Mar 11, 2022-10.9%38 days20 days (Apr 8, 2022)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$17.08B
EPS, diluted (TTM)
-$1.66
Revenue (TTM)
$18.30B
Dividend yield
9.53%
52-week range
$31.18 – $51.26
FY 2022FY 2023FY 2024FY 2025FY 2026
Revenue$18.99B$20.09B$19.86B$19.49B$18.42B
Gross profit$6.40B$6.55B$6.93B$6.73B$6.17B
Operating income$3.48B$3.43B$3.43B$3.30B$2.78B
Net income$2.71B$2.59B$2.50B$2.30B-$87.6M
EPS (diluted)$4.42$4.31$4.31$4.10-$0.16
Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026Q4 2026Q1 2027
Revenue$5.24B$4.84B$4.56B$4.52B$4.86B$4.44B$4.61B$4.39B
Net income$795.7M$625.6M$294.0M$1.20B$413.0M$303.1M-$2.01B$397.0M
EPS (diluted)$1.42$1.12$0.52$2.22$0.78$0.56-$3.74$0.74
FY 2022FY 2023FY 2024FY 2025FY 2026
Operating cash flow$3.32B$2.78B$3.30B$2.92B$2.17B
Capital expenditure-$568.7M-$689.5M-$774.1M-$625.3M-$539.9M
Free cash flow$2.75B$2.09B$2.53B$2.29B$1.63B
Dividends paid-$1.24B-$1.29B-$1.36B-$1.34B-$1.32B
Net share buybacks-$876.8M-$1.40B-$2.00B-$1.20B-$499.8M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$433.1M
Total assets
$30.27B
Total liabilities
$22.83B
Total debt
$13.61B
Net debt
$13.18B
Shareholders’ equity
$7.45B

As of Aug 30, 2026 (filed Sep 23, 2026).

Dividends

Ex-dateAmountPaid
Oct 13, 2026$0.61Nov 2, 2026
Jul 10, 2026$0.61Aug 3, 2026
Apr 10, 2026$0.61May 1, 2026
Jan 9, 2026$0.61Feb 2, 2026
Oct 10, 2025$0.61Nov 3, 2025
Jul 10, 2025$0.61Aug 1, 2025
Apr 10, 2025$0.60May 1, 2025
Jan 10, 2025$0.60Feb 3, 2025

Short interest

Shares sold short
44,831,933
Days to cover
4.76
Change vs previous report
-2.5%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Jun 9, 2010
2-for-1
Nov 9, 1999
2-for-1
May 30, 1995
2,000-for-1,653
Nov 8, 1990
2-for-1
Nov 10, 1986
2-for-1