GENERAL MILLS INC (GIS) Fundamental Analysis & Valuation
NYSE:GIS • US3703341046
43.865 USD
+0.3 (+0.68%)
Last: Mar 6, 2026, 11:39 AM
This GIS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, GIS scores 4 out of 10 in our fundamental rating. GIS was compared to 88 industry peers in the Food Products industry. While GIS belongs to the best of the industry regarding profitability, there are concerns on its financial health. GIS has a valuation in line with the averages, but it does not seem to be growing.
1. GIS Profitability Analysis
1.1 Basic Checks
- In the past year GIS was profitable.
- In the past year GIS had a positive cash flow from operations.
- Each year in the past 5 years GIS has been profitable.
- Each year in the past 5 years GIS had a positive operating cash flow.
1.2 Ratios
- GIS's Return On Assets of 7.79% is amongst the best of the industry. GIS outperforms 88.64% of its industry peers.
- With an excellent Return On Equity value of 27.23%, GIS belongs to the best of the industry, outperforming 96.59% of the companies in the same industry.
- GIS has a better Return On Invested Capital (9.65%) than 87.50% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for GIS is significantly below the industry average of 28.23%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.79% | ||
| ROE | 27.23% | ||
| ROIC | 9.65% |
ROA(3y)7.71%
ROA(5y)7.84%
ROE(3y)25.45%
ROE(5y)25.35%
ROIC(3y)10.86%
ROIC(5y)11.02%
1.3 Margins
- GIS has a Profit Margin of 13.51%. This is amongst the best in the industry. GIS outperforms 96.59% of its industry peers.
- In the last couple of years the Profit Margin of GIS has remained more or less at the same level.
- GIS's Operating Margin of 15.95% is amongst the best of the industry. GIS outperforms 92.05% of its industry peers.
- In the last couple of years the Operating Margin of GIS has remained more or less at the same level.
- With a decent Gross Margin value of 33.83%, GIS is doing good in the industry, outperforming 76.14% of the companies in the same industry.
- GIS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.95% | ||
| PM (TTM) | 13.51% | ||
| GM | 33.83% |
OM growth 3Y-0.79%
OM growth 5Y0.02%
PM growth 3Y-6.16%
PM growth 5Y-0.98%
GM growth 3Y0.86%
GM growth 5Y-0.37%
2. GIS Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GIS is still creating some value.
- Compared to 1 year ago, GIS has less shares outstanding
- GIS has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, GIS has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.35 indicates that GIS is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.35, GIS is in line with its industry, outperforming 59.09% of the companies in the same industry.
- The Debt to FCF ratio of GIS is 7.70, which is on the high side as it means it would take GIS, 7.70 years of fcf income to pay off all of its debts.
- GIS has a better Debt to FCF ratio (7.70) than 63.64% of its industry peers.
- GIS has a Debt/Equity ratio of 1.31. This is a high value indicating a heavy dependency on external financing.
- GIS has a worse Debt to Equity ratio (1.31) than 76.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 7.7 | ||
| Altman-Z | 2.35 |
ROIC/WACC1.49
WACC6.48%
2.3 Liquidity
- A Current Ratio of 0.66 indicates that GIS may have some problems paying its short term obligations.
- With a Current ratio value of 0.66, GIS is not doing good in the industry: 84.09% of the companies in the same industry are doing better.
- A Quick Ratio of 0.39 indicates that GIS may have some problems paying its short term obligations.
- GIS has a Quick ratio of 0.39. This is in the lower half of the industry: GIS underperforms 78.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.39 |
3. GIS Growth Analysis
3.1 Past
- GIS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.43%.
- GIS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.12% yearly.
- GIS shows a decrease in Revenue. In the last year, the revenue decreased by -5.65%.
- GIS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.03% yearly.
EPS 1Y (TTM)-20.43%
EPS 3Y2.23%
EPS 5Y3.12%
EPS Q2Q%-21.43%
Revenue 1Y (TTM)-5.65%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-7.24%
3.2 Future
- GIS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.16% yearly.
- The Revenue is expected to decrease by -0.06% on average over the next years.
EPS Next Y-11.89%
EPS Next 2Y-5.35%
EPS Next 3Y-1.68%
EPS Next 5Y0.16%
Revenue Next Year-4.53%
Revenue Next 2Y-2.66%
Revenue Next 3Y-1.17%
Revenue Next 5Y-0.06%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. GIS Valuation Analysis
4.1 Price/Earnings Ratio
- GIS is valuated reasonably with a Price/Earnings ratio of 11.86.
- GIS's Price/Earnings ratio is a bit cheaper when compared to the industry. GIS is cheaper than 79.55% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.69. GIS is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 11.63, which indicates a very decent valuation of GIS.
- GIS's Price/Forward Earnings ratio is rather cheap when compared to the industry. GIS is cheaper than 82.95% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.79, GIS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.86 | ||
| Fwd PE | 11.63 |
4.2 Price Multiples
- 60.23% of the companies in the same industry are more expensive than GIS, based on the Enterprise Value to EBITDA ratio.
- 77.27% of the companies in the same industry are more expensive than GIS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.13 | ||
| EV/EBITDA | 10.25 |
4.3 Compensation for Growth
- GIS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.8
EPS Next 2Y-5.35%
EPS Next 3Y-1.68%
5. GIS Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 5.43%, GIS is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.21, GIS pays a better dividend. On top of this GIS pays more dividend than 85.23% of the companies listed in the same industry.
- GIS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
5.2 History
- The dividend of GIS has a limited annual growth rate of 4.25%.
- GIS has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)4.25%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- GIS pays out 52.10% of its income as dividend. This is a bit on the high side, but may be sustainable.
- GIS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP52.1%
EPS Next 2Y-5.35%
EPS Next 3Y-1.68%
GIS Fundamentals: All Metrics, Ratios and Statistics
NYSE:GIS (3/6/2026, 11:39:07 AM)
43.865
+0.3 (+0.68%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)12-17 2025-12-17/bmo
Earnings (Next)03-17 2026-03-17/bmo
Inst Owners86.24%
Inst Owner Change2.07%
Ins Owners0.28%
Ins Owner Change0.34%
Market Cap23.41B
Revenue(TTM)18.78B
Net Income(TTM)2.54B
Analysts68
Price Target50.57 (15.29%)
Short Float %6.25%
Short Ratio4.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.43% |
Yearly Dividend2.43
Dividend Growth(5Y)4.25%
DP52.1%
Div Incr Years0
Div Non Decr Years0
Ex-Date04-10 2026-04-10 (0.61)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.3%
Min EPS beat(2)4.53%
Max EPS beat(2)6.07%
EPS beat(4)4
Avg EPS beat(4)4.25%
Min EPS beat(4)3.07%
Max EPS beat(4)6.07%
EPS beat(8)8
Avg EPS beat(8)5.3%
EPS beat(12)11
Avg EPS beat(12)4.76%
EPS beat(16)15
Avg EPS beat(16)5.33%
Revenue beat(2)1
Avg Revenue beat(2)-0.12%
Min Revenue beat(2)-0.89%
Max Revenue beat(2)0.66%
Revenue beat(4)1
Avg Revenue beat(4)-1.31%
Min Revenue beat(4)-3.37%
Max Revenue beat(4)0.66%
Revenue beat(8)3
Avg Revenue beat(8)-0.82%
Revenue beat(12)4
Avg Revenue beat(12)-1.14%
Revenue beat(16)5
Avg Revenue beat(16)-0.97%
PT rev (1m)-7.01%
PT rev (3m)-9.1%
EPS NQ rev (1m)-9.07%
EPS NQ rev (3m)-17.06%
EPS NY rev (1m)0%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)-1.97%
Revenue NQ rev (3m)-2.69%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.86 | ||
| Fwd PE | 11.63 | ||
| P/S | 1.25 | ||
| P/FCF | 13.13 | ||
| P/OCF | 9.92 | ||
| P/B | 2.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.25 |
EPS(TTM)3.7
EY8.43%
EPS(NY)3.77
Fwd EY8.6%
FCF(TTM)3.34
FCFY7.62%
OCF(TTM)4.42
OCFY10.08%
SpS35.19
BVpS17.46
TBVpS-24.94
PEG (NY)N/A
PEG (5Y)3.8
Graham Number38.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.79% | ||
| ROE | 27.23% | ||
| ROCE | 12.06% | ||
| ROIC | 9.65% | ||
| ROICexc | 9.92% | ||
| ROICexgc | 155.16% | ||
| OM | 15.95% | ||
| PM (TTM) | 13.51% | ||
| GM | 33.83% | ||
| FCFM | 9.49% |
ROA(3y)7.71%
ROA(5y)7.84%
ROE(3y)25.45%
ROE(5y)25.35%
ROIC(3y)10.86%
ROIC(5y)11.02%
ROICexc(3y)11.08%
ROICexc(5y)11.42%
ROICexgc(3y)120.35%
ROICexgc(5y)166.93%
ROCE(3y)13.69%
ROCE(5y)13.98%
ROICexgc growth 3Y-15.77%
ROICexgc growth 5Y-18.86%
ROICexc growth 3Y-3.27%
ROICexc growth 5Y-1.02%
OM growth 3Y-0.79%
OM growth 5Y0.02%
PM growth 3Y-6.16%
PM growth 5Y-0.98%
GM growth 3Y0.86%
GM growth 5Y-0.37%
F-Score3
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 7.7 | ||
| Debt/EBITDA | 3.44 | ||
| Cap/Depr | 105.6% | ||
| Cap/Sales | 3.07% | ||
| Interest Coverage | 4.96 | ||
| Cash Conversion | 66.63% | ||
| Profit Quality | 70.27% | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z | 2.35 |
F-Score3
WACC6.48%
ROIC/WACC1.49
Cap/Depr(3y)127.4%
Cap/Depr(5y)114.04%
Cap/Sales(3y)3.51%
Cap/Sales(5y)3.29%
Profit Quality(3y)93.91%
Profit Quality(5y)97.6%
High Growth Momentum
Growth
EPS 1Y (TTM)-20.43%
EPS 3Y2.23%
EPS 5Y3.12%
EPS Q2Q%-21.43%
EPS Next Y-11.89%
EPS Next 2Y-5.35%
EPS Next 3Y-1.68%
EPS Next 5Y0.16%
Revenue 1Y (TTM)-5.65%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-7.24%
Revenue Next Year-4.53%
Revenue Next 2Y-2.66%
Revenue Next 3Y-1.17%
Revenue Next 5Y-0.06%
EBIT growth 1Y-18.94%
EBIT growth 3Y0.06%
EBIT growth 5Y2.04%
EBIT Next Year1.78%
EBIT Next 3Y1.12%
EBIT Next 5Y2.57%
FCF growth 1Y-23.06%
FCF growth 3Y-5.85%
FCF growth 5Y-6.54%
OCF growth 1Y-23.23%
OCF growth 3Y-4.17%
OCF growth 5Y-4.51%
GENERAL MILLS INC / GIS FAQ
What is the fundamental rating for GIS stock?
ChartMill assigns a fundamental rating of 4 / 10 to GIS.
What is the valuation status of GENERAL MILLS INC (GIS) stock?
ChartMill assigns a valuation rating of 6 / 10 to GENERAL MILLS INC (GIS). This can be considered as Fairly Valued.
How profitable is GENERAL MILLS INC (GIS) stock?
GENERAL MILLS INC (GIS) has a profitability rating of 7 / 10.
What is the financial health of GENERAL MILLS INC (GIS) stock?
The financial health rating of GENERAL MILLS INC (GIS) is 3 / 10.
Can you provide the expected EPS growth for GIS stock?
The Earnings per Share (EPS) of GENERAL MILLS INC (GIS) is expected to decline by -11.89% in the next year.