Popularity #472Earnings in 1d
GIS · NYSE · Packaged Foods

General Mills (GIS)

Makes branded cereal, snacks, meals, baking products, pet food, and ice cream.

$35.44
vs last close+0.03 (+0.08%)
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General Mills, Inc.GIS
Consumer Staples

Sells branded cereal, snacks, meals, dough, baking products, premium pet food, ice cream, and foodservice products across regional and channel-based businesses. Most sales come from the United States, with Walmart representing more than one-fifth of consolidated sales.

Markets branded human and pet foods through North America Retail, International, North America Pet, and North America Foodservice. The portfolio spans cereal, snacks, convenient meals, dough, baking products, premium pet food and treats, and super-premium ice cream. Cheerios, Nature Valley, Old El Paso, Pillsbury, Betty Crocker, Blue Buffalo, Tiki Pets, and Häagen-Dazs anchor these categories.

Builds demand through brand investment and product innovation, then distributes through retail, e-commerce, pet specialty, restaurants, and institutional foodservice. Most sales come from the United States; international operations and cereal and ice-cream joint ventures extend reach abroad. North American yogurt has been sold, and Brazil remains held for sale. Food-safety and labeling rules govern the portfolio, while Walmart accounts for more than one-fifth of consolidated sales.

Company facts

CEOJeffrey L. Harmening
ListedMar 17, 1980
ExchangeNYSE
HeadquartersMinneapolis, MN
CountryUnited States
Employees30,000
CIK0000040704
ISINUS3703341046

Market cap$18.90B
EPS (ttm)−$0.1800
P/E (ttm)−196.72
ROE-1.0%
P/B2.56
P/S1.03
Dividend yieldDiv yield6.89%
Beta−0.31vs XLP 1.19

Price target$35.50+0.3%Average of 36 analysts
ConsensusHold22 of 36 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 14, 2026Evercore ISITarget
Target: $45
Target: $38
Sep 10, 2026JefferiesTarget
Target: $36
Target: $35
Sep 1, 2026ScotiabankTarget
Target:
Target: $43
Jul 6, 2026UBSTarget
Target: $30
Target: $33
Jul 2, 2026Deutsche BankReiterate
Rating: Target: $51
Rating: HoldTarget: $33

Next report
Sep 23, 26
tomorrow
EPS estimate
$0.72
Revenue estimate
$4.35B
Fiscal quarter
Q1 FY27

EPSReportedEstimate

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jul '26Sep '26
Reported$1.40$1.00$0.74$0.86$1.10$0.64$0.95Pending
Estimate$1.22$0.96$0.71$0.82$1.03$0.73$0.80$0.72
Surprise+14.8%+4.4%+4.4%+5.1%+6.8%−12.1%+19.2%

RevenueReportedEstimate

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jul '26Sep '26
Reported$5.24B$4.84B$4.56B$4.52B$4.86B$4.44B$4.61BPending
Estimate$5.14B$4.95B$4.59B$4.54B$4.78B$4.41B$4.59B$4.35B
Surprise+1.9%−2.2%−0.6%−0.4%+1.7%+0.6%+0.5%
Estimate$0.72
ReportedDue Sep 23, 2026
Estimate$4.35B
ReportedDue Sep 23, 2026
View details

Debt to equity183.70%
Current ratio68.20%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue$4.85B$5.24B$4.84B$4.56B$4.52B$4.86B$4.44B$4.61B
Net income$579.9M$795.7M$625.6M$294.0M$1.20B$413.0M$303.1M−$2.01B
Net margin12.0%15.2%12.9%6.5%26.7%8.5%6.8%0.0%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Operating income$831.5M$1.08B$891.4M$504.0M$1.73B$728.0M$545.2M$689.9M
YoY growth−10.6%+32.8%−2.1%−35.3%+107.6%−32.5%−38.8%+36.9%

Balance sheet, May 31, 2026Cash & short-term investments $453.8M · Total debt $13.54B · Total assets $30.02B · Shareholders' equity $7.37B

Revenue
$4.61B
Operating income
$689.9M
Net income
−$2.01B
View details

Dividend yield
6.89%
Next ex-date
Oct 10, 26
estimated · in 18 days
Annual dividend
$2.44
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Oct '24Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26
Dividend$0.60$0.60$0.60$0.61$0.61$0.61$0.61$0.61
Annual yield3.34%4.09%4.20%4.69%4.90%5.45%6.86%6.74%
Ex-dateOct 10Jan 10Apr 10Jul 10Oct 10Jan 9Apr 10Jul 10
Payment dateNov 1Feb 3May 1Aug 1Nov 3Feb 2May 1Aug 3
View details

Institutions91.32%487.36M shares
1,394 holders · as of Jun 30, 2026
Insiders0.41%2.18M shares
27 holders · as of Aug 31, 2026
Other8.27%44.17M shares
remainder

533.71M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
11.75%62.69Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.53%34.83Mas of Jun 30, 2026
State Street CorpInstitution
6.37%34.00Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.00%26.67Mas of Jun 30, 2026
Charles Schwab Investment Management IncInstitution
3.38%18.05Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 12, 2026Ricardo Fernandezofficer: Segment President−7,995$34.50
May 13, 2026Jacqueline Williams-Rollofficer: Chief Human Resources Officer−10,000$33.97
May 12, 2026Jacqueline Williams-Rollofficer: Chief Human Resources Officer−10,000$34.27
Dec 19, 2025Paul Joseph Gallagherofficer: Chief Supply Chain Officer−1,500$48.15
Sep 19, 2025Jacqueline Williams-Rollofficer: Chief Human Resources Officer−4,000$50.04
View details

  • PepsiCo

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  • Post

    Direct cereal and pet-food overlap through Post Consumer Brands

  • Kraft Heinz

    Center-store meals, snacks, desserts, and cheese overlap

  • Mondelez International

    Global snack brands pressure biscuits, bars, and shelf space

  • Conagra Brands

    Frozen meals, snacks, baking, and foodservice overlap

  • J.M. Smucker

    Pet snacks, frozen handhelds, and sweet baked goods overlap

  • Colgate-Palmolive

    Hill's challenges premium and therapeutic pet nutrition

Compare

CompanyPriceChange
General Mills$35.44+0.08%$18.90B11.71.0+1.2%
PepsiCo$130.75+0.90%$177.02B17.015.01.8+6.4%
Post$75.93+0.88%$3.41B13.810.80.4−1.8%
Kraft Heinz$24.01−1.48%$28.90B12.11.2−1.4%
Mondelez International$60.98+1.35%$76.80B22.218.91.9+4.1%
Conagra Brands$14.78−0.57%$7.10B10.00.6+3.6%
J.M. Smucker$120.81+0.78%$12.81B56.012.01.4+5.0%
Colgate-Palmolive$86.91+0.75%$69.02B34.222.23.3+4.9%
Median22.212.11.4+4.1%