GENERAL MILLS INC (GIS) Fundamental Analysis & Valuation

NYSE:GIS • US3703341046

39.38 USD
-0.02 (-0.05%)
At close: Mar 13, 2026
39.4 USD
+0.02 (+0.05%)
After Hours: 3/13/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This GIS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

GIS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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 is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

8

1. GIS Profitability Analysis

1.1 Basic Checks

  • GIS had positive earnings in the past year.
  • GIS had a positive operating cash flow in the past year.
  • Each year in the past 5 years GIS has been profitable.
  • In the past 5 years GIS always reported a positive cash flow from operatings.
GIS Yearly Net Income VS EBIT VS OCF VS FCFGIS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

1.2 Ratios

  • The Return On Assets of GIS (7.79%) is better than 89.77% of its industry peers.
  • With an excellent Return On Equity value of 27.23%, GIS belongs to the best of the industry, outperforming 97.73% of the companies in the same industry.
  • GIS's Return On Invested Capital of 9.65% is amongst the best of the industry. GIS outperforms 88.64% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for GIS is above the industry average of 7.13%.
Industry RankSector 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%
GIS Yearly ROA, ROE, ROICGIS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • The Profit Margin of GIS (13.51%) is better than 96.59% of its industry peers.
  • GIS's Profit Margin has been stable in the last couple of years.
  • GIS's Operating Margin of 15.95% is amongst the best of the industry. GIS outperforms 94.32% of its industry peers.
  • In the last couple of years the Operating Margin of GIS has remained more or less at the same level.
  • GIS has a Gross Margin of 33.83%. This is in the better half of the industry: GIS outperforms 78.41% of its industry peers.
  • GIS's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
GIS Yearly Profit, Operating, Gross MarginsGIS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

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.
  • 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.
GIS Yearly Shares OutstandingGIS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
GIS Yearly Total Debt VS Total AssetsGIS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 2.30 indicates that GIS is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • GIS has a Altman-Z score (2.30) which is comparable to the rest of the 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 Debt to FCF ratio of 7.70. This is in the better half of the industry: GIS outperforms 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 Debt to Equity ratio of 1.31. This is in the lower half of the industry: GIS underperforms 77.27% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF 7.7
Altman-Z 2.3
ROIC/WACC1.46
WACC6.63%
GIS Yearly LT Debt VS Equity VS FCFGIS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.3 Liquidity

  • GIS has a Current Ratio of 0.66. This is a bad value and indicates that GIS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • GIS has a Current ratio of 0.66. This is amonst the worse of the industry: GIS underperforms 84.09% of its industry peers.
  • A Quick Ratio of 0.39 indicates that GIS may have some problems paying its short term obligations.
  • GIS's Quick ratio of 0.39 is on the low side compared to the rest of the industry. GIS is outperformed by 79.55% of its industry peers.
Industry RankSector Rank
Current Ratio 0.66
Quick Ratio 0.39
GIS Yearly Current Assets VS Current LiabilitesGIS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. GIS Growth Analysis

3.1 Past

  • The earnings per share for GIS have decreased strongly by -20.43% in the last year.
  • GIS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.12% yearly.
  • The Revenue has decreased by -5.65% in the past year.
  • The Revenue has been growing slightly by 2.03% on average over the past years.
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

  • The Earnings Per Share is expected to decrease by -0.70% on average over the next years.
  • 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.
GIS Yearly Revenue VS EstimatesGIS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B
GIS Yearly EPS VS EstimatesGIS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

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6

4. GIS Valuation Analysis

4.1 Price/Earnings Ratio

  • GIS is valuated reasonably with a Price/Earnings ratio of 10.64.
  • 79.55% of the companies in the same industry are more expensive than GIS, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of GIS to the average of the S&P500 Index (25.70), we can say GIS is valued rather cheaply.
  • The Price/Forward Earnings ratio is 11.20, which indicates a very decent valuation of GIS.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of GIS indicates a rather cheap valuation: GIS is cheaper than 82.95% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, GIS is valued rather cheaply.
Industry RankSector Rank
PE 10.64
Fwd PE 11.2
GIS Price Earnings VS Forward Price EarningsGIS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, GIS is valued a bit cheaper than 61.36% of the companies in the same industry.
  • 78.41% of the companies in the same industry are more expensive than GIS, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 11.79
EV/EBITDA 9.62
GIS Per share dataGIS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20

4.3 Compensation for Growth

  • The excellent profitability rating of GIS may justify a higher PE ratio.
  • GIS's earnings are expected to decrease with -4.43% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)3.41
EPS Next 2Y-8.61%
EPS Next 3Y-4.43%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. GIS Dividend Analysis

5.1 Amount

  • GIS has a Yearly Dividend Yield of 5.60%, which is a nice return.
  • GIS's Dividend Yield is rather good when compared to the industry average which is at 2.31. GIS pays more dividend than 85.23% of the companies in the same industry.
  • GIS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 5.6%

5.2 History

  • The dividend of GIS has a limited annual growth rate of 4.25%.
  • GIS has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.25%
Div Incr Years0
Div Non Decr Years0
GIS Yearly Dividends per shareGIS Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • 52.10% of the earnings are spent on dividend by GIS. This is a bit on the high side, but may be sustainable.
  • The Dividend Rate of GIS has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP52.1%
EPS Next 2Y-8.61%
EPS Next 3Y-4.43%
GIS Yearly Income VS Free CF VS DividendGIS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B
GIS Dividend Payout.GIS Dividend Payout, showing the Payout Ratio.GIS Dividend Payout.PayoutRetained Earnings

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GIS Fundamentals: All Metrics, Ratios and Statistics

GENERAL MILLS INC

NYSE:GIS (3/13/2026, 8:04:00 PM)

After market: 39.4 +0.02 (+0.05%)

39.38

-0.02 (-0.05%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)12-17
Earnings (Next)03-17
Inst Owners88.26%
Inst Owner Change2.13%
Ins Owners0.28%
Ins Owner Change0.36%
Market Cap21.01B
Revenue(TTM)18.78B
Net Income(TTM)2.54B
Analysts65.6
Price Target50.57 (28.42%)
Short Float %6.25%
Short Ratio4.09
Dividend
Industry RankSector Rank
Dividend Yield 5.6%
Yearly Dividend2.43
Dividend Growth(5Y)4.25%
DP52.1%
Div Incr Years0
Div Non Decr Years0
Ex-Date04-10
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)-10.3%
EPS NQ rev (3m)-18.13%
EPS NY rev (1m)-4.59%
EPS NY rev (3m)-4.01%
Revenue NQ rev (1m)-2.19%
Revenue NQ rev (3m)-2.87%
Revenue NY rev (1m)-1.02%
Revenue NY rev (3m)-0.8%
Valuation
Industry RankSector Rank
PE 10.64
Fwd PE 11.2
P/S 1.12
P/FCF 11.79
P/OCF 8.9
P/B 2.26
P/tB N/A
EV/EBITDA 9.62
EPS(TTM)3.7
EY9.4%
EPS(NY)3.52
Fwd EY8.93%
FCF(TTM)3.34
FCFY8.48%
OCF(TTM)4.42
OCFY11.23%
SpS35.19
BVpS17.46
TBVpS-24.94
PEG (NY)N/A
PEG (5Y)3.41
Graham Number38.13
Profitability
Industry RankSector 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 RankSector 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 2.3
F-Score3
WACC6.63%
ROIC/WACC1.46
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 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.