GENERAL MILLS INC (GIS) Fundamental Analysis & Valuation
NYSE:GIS • US3703341046
Current stock price
39.12 USD
+0.14 (+0.36%)
Last:
This GIS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. GIS Profitability Analysis
1.1 Basic Checks
- In the past year GIS was profitable.
- GIS had a positive operating cash flow in the past year.
- Each year in the past 5 years GIS has been profitable.
- GIS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- GIS's Return On Assets of 7.79% is amongst the best of the industry. GIS outperforms 89.66% of its industry peers.
- The Return On Equity of GIS (27.23%) is better than 97.70% of its industry peers.
- GIS has a better Return On Invested Capital (9.65%) than 88.51% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for GIS is above the industry average of 7.17%.
| 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 96.55% of its industry peers.
- In the last couple of years the Profit Margin of GIS has remained more or less at the same level.
- The Operating Margin of GIS (15.95%) is better than 94.25% of its industry peers.
- GIS's Operating Margin has been stable in the last couple of years.
- GIS has a Gross Margin of 33.83%. This is in the better half of the industry: GIS outperforms 79.31% of its industry peers.
- In the last couple of years the Gross Margin of GIS has remained more or less at the same level.
| 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
- GIS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- GIS has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, GIS has less shares outstanding
- Compared to 1 year ago, GIS has a worse debt to assets ratio.
2.2 Solvency
- GIS has an Altman-Z score of 2.29. This is not the best score and indicates that GIS is in the grey zone with still only limited risk for bankruptcy at the moment.
- GIS has a Altman-Z score (2.29) which is in line with its industry peers.
- GIS has a debt to FCF ratio of 7.70. This is a slightly negative value and a sign of low solvency as GIS would need 7.70 years to pay back of all of its debts.
- GIS has a Debt to FCF ratio of 7.70. This is in the better half of the industry: GIS outperforms 62.07% 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 77.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 7.7 | ||
| Altman-Z | 2.29 |
ROIC/WACC1.44
WACC6.68%
2.3 Liquidity
- A Current Ratio of 0.66 indicates that GIS may have some problems paying its short term obligations.
- GIS has a Current ratio of 0.66. This is amonst the worse of the industry: GIS underperforms 83.91% of its industry peers.
- A Quick Ratio of 0.39 indicates that GIS may have some problems paying its short term obligations.
- With a Quick ratio value of 0.39, GIS is not doing good in the industry: 80.46% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.39 |
3. GIS Growth Analysis
3.1 Past
- The earnings per share for GIS have decreased strongly by -20.43% in the last year.
- The Earnings Per Share has been growing slightly by 3.12% on average over the past years.
- The Revenue has decreased by -5.65% in the past year.
- 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 decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.70% yearly.
- GIS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.41% yearly.
EPS Next Y-15.94%
EPS Next 2Y-8.61%
EPS Next 3Y-4.43%
EPS Next 5Y-0.7%
Revenue Next Year-5.48%
Revenue Next 2Y-3.34%
Revenue Next 3Y-1.66%
Revenue Next 5Y-0.41%
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
- With a Price/Earnings ratio of 10.57, the valuation of GIS can be described as very reasonable.
- GIS's Price/Earnings ratio is a bit cheaper when compared to the industry. GIS is cheaper than 79.31% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.96. GIS is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 11.13 indicates a reasonable valuation of GIS.
- GIS's Price/Forward Earnings ratio is rather cheap when compared to the industry. GIS is cheaper than 81.61% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of GIS to the average of the S&P500 Index (24.04), we can say GIS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.57 | ||
| Fwd PE | 11.13 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as GIS.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of GIS indicates a somewhat cheap valuation: GIS is cheaper than 79.31% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.71 | ||
| EV/EBITDA | 9.55 |
4.3 Compensation for Growth
- GIS has an outstanding profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as GIS's earnings are expected to decrease with -4.43% in the coming years.
PEG (NY)N/A
PEG (5Y)3.39
EPS Next 2Y-8.61%
EPS Next 3Y-4.43%
5. GIS Dividend Analysis
5.1 Amount
- GIS has a Yearly Dividend Yield of 6.19%, which is a nice return.
- Compared to an average industry Dividend Yield of 2.46, GIS pays a better dividend. On top of this GIS pays more dividend than 85.06% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.91, GIS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.19% |
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 declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP52.1%
EPS Next 2Y-8.61%
EPS Next 3Y-4.43%
GIS Fundamentals: All Metrics, Ratios and Statistics
NYSE:GIS (3/17/2026, 12:12:10 PM)
39.12
+0.14 (+0.36%)
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 Owners88.26%
Inst Owner Change2.13%
Ins Owners0.28%
Ins Owner Change0.36%
Market Cap20.87B
Revenue(TTM)18.78B
Net Income(TTM)2.54B
Analysts65.6
Price Target50.57 (29.27%)
Short Float %6.68%
Short Ratio4.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.19% |
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)-8.84%
EPS NQ rev (1m)-10.07%
EPS NQ rev (3m)-17.92%
EPS NY rev (1m)-4.59%
EPS NY rev (3m)-4.01%
Revenue NQ rev (1m)-2.21%
Revenue NQ rev (3m)-2.89%
Revenue NY rev (1m)-1.02%
Revenue NY rev (3m)-0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.57 | ||
| Fwd PE | 11.13 | ||
| P/S | 1.11 | ||
| P/FCF | 11.71 | ||
| P/OCF | 8.85 | ||
| P/B | 2.24 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.55 |
EPS(TTM)3.7
EY9.46%
EPS(NY)3.52
Fwd EY8.99%
FCF(TTM)3.34
FCFY8.54%
OCF(TTM)4.42
OCFY11.31%
SpS35.19
BVpS17.46
TBVpS-24.94
PEG (NY)N/A
PEG (5Y)3.39
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 | 2.29 |
F-Score3
WACC6.68%
ROIC/WACC1.44
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-15.94%
EPS Next 2Y-8.61%
EPS Next 3Y-4.43%
EPS Next 5Y-0.7%
Revenue 1Y (TTM)-5.65%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-7.24%
Revenue Next Year-5.48%
Revenue Next 2Y-3.34%
Revenue Next 3Y-1.66%
Revenue Next 5Y-0.41%
EBIT growth 1Y-18.94%
EBIT growth 3Y0.06%
EBIT growth 5Y2.04%
EBIT Next Year1.34%
EBIT Next 3Y0.83%
EBIT Next 5Y2.14%
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 Fundamental Analysis FAQ
What is the fundamental rating for GIS stock?
ChartMill assigns a fundamental rating of 5 / 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 8 / 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 -15.94% in the next year.