General Mills Inc (GIS)
Consumer Staples · Packaged Foods & Meats · US stock · S&P 500 component
$33.13
▲ +0.25 (0.76%)
Fair valueUndervalued
$56 +69.7% to fair value
$28fair band $39–$73$84
Day's range
$32.57 – $33.34
52-week range
$30.60 – $47.04
About General Mills Inc
Cheerios, Betty Crocker, Pillsbury, Nature Valley, Old El Paso, Progresso and Blue Buffalo pet food are among the brands of General Mills, a packaged food company. Its range covers cereal, baking mixes, snacks, frozen foods, meals and pet products. Customers are mainly grocery retailers, convenience and club stores, e-commerce platforms and food-service operators. The company is organised into retail, pet, food-service and international operations.
Sales were $18.3 billion over the last twelve months, earned by supplying branded food and pet products to retailers and food-service customers. Revenue has changed at -2.9% a year across the last three years. The operating margin is -1.1% and the business earns -1% on the capital invested in it. Net debt is 37.7 times EBITDA, and the dividend yield is 7.4%. On the site's X-Ray Score it receives 33 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $30.60 – $47.04Volume 9,139,200Daily, split-adjusted
Vitals
Market cap$17.8B
52-week range$30.60 – $47.04
Volume (last day)9,139,200
P/E (TTM)–
EBIT / EV yield-0.7%
Free-cash-flow yield8.7%
Dividend yield7.4%
Revenue (TTM)$18.3B
Net income (TTM)−$895M
Operating margin-1.1%
Return on capital-0.8%
Debt incl. leases$13.6B
Cash & securities$433M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$56
Undervalued
+69.7% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Loss-making or insufficient history: no DCF/EPV
Price $33
Undervalued < $39Fair $39 – $73Overvalued > $73
Peer multiples
$56
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, but the price is low
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Staples peers. Open a lens to see the numbers behind it.
Valuation
Fair
66/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield-0.7%
Free-cash-flow yield8.7%
Fair value vs price1.7×
Growth
Weak
9/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-2.9%
Growth consistency20%
Profitability
Weak
27/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital-0.8%
Operating margin-1.1%
Gross profitability20.3%
Financial health
Weak
19/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA37.7×
Dividends
Weak
46/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield7.4%
Dividends vs free cash flow85%
Dividend growth0.7%
Quarterly results: last 6 quarters
-3.3%
May '25
-6.8%
Aug '25
-7.2%
Nov '25
-8.4%
Feb '26
+1.2%
May '26
-2.8%
Aug '26
Revenue against the same quarter a year earlier. Latest quarter revenue $4.4B, diluted EPS $0.74.
Compare with peers
MKC Mccormick & Co Inc53 HRL Hormel Foods Corp42 TSN Tyson Foods, Inc.38 KHC Kraft Heinz Co35Other Packaged Foods & Meats companies by X-Ray Score.
Fundamentals checklist
● 3 Good · ● 0 Average · ● 11 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldGood
Risk models
Altman Z''Bad
Piotroski F-ScoreBad
Growth
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioBad
Net debt / EBITDABad
Valuation
Fair value vs priceGood
EBIT / EV yieldBad
Profitability
Return on invested capitalBad
Operating marginBad
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 32/100.
Financials
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $19.0B | $20.1B | $19.9B | $19.5B | $18.4B |
| Operating income | $3.5B | $3.4B | $3.4B | $3.3B | $886M |
| Net income | $2.7B | $2.6B | $2.5B | $2.3B | −$85M |
| Operating cash flow | $3.3B | $2.8B | $3.3B | $2.9B | $2.2B |
| Operating margin | 18.3% | 17.1% | 17.3% | 17.0% | 4.8% |
| Free cash flow | $2.7B | $2.1B | $2.5B | $2.3B | $1.6B |
| Diluted EPS | $4.42 | $4.31 | $4.31 | $4.10 | $-0.16 |
Fiscal years, from SEC filings.
Technical summary
Daily
Neutral
5 bullish · 4 neutral · 7 bearish
Weekly
Strongly bearish
0 bullish · 1 neutral · 11 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
| SMA 10 | 31.96 | Bullish |
| EMA 10 | 32.37 | Bullish |
| SMA 20 | 32.58 | Bullish |
| EMA 20 | 32.94 | Bullish |
| SMA 50 | 35.73 | Bearish |
| EMA 50 | 34.41 | Bearish |
| SMA 100 | 35.07 | Bearish |
| EMA 100 | 35.26 | Bearish |
| SMA 200 | 36.68 | Bearish |
| EMA 200 | 37.24 | Bearish |
Oscillators (daily)
| RSI (14) | 47.69 | Neutral |
| MACD (12, 26) | -0.93 | Bearish |
| Momentum (12) | 4.97 | Bullish |
| Stochastic %K (14) | 71.28 | Neutral |
| Williams %R (14) | -28.72 | Neutral |
| CCI (20) | 20.95 | Neutral |
Pivot points (classic, last session)
S3 31.92 | S2 32.24 | S1 32.69 | Pivot 33.01 | R1 33.46 | R2 33.78 | R3 34.23 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.44 USD
Yield on today's price
7.36%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 13 Oct 2026 | 0.6100 |
| 10 Jul 2026 | 0.6100 |
| 10 Apr 2026 | 0.6100 |
| 9 Jan 2026 | 0.6100 |
| 10 Oct 2025 | 0.6100 |
| 10 Jul 2025 | 0.6100 |
| 10 Apr 2025 | 0.6000 |
| 10 Jan 2025 | 0.6000 |
| 10 Oct 2024 | 0.6000 |
| 10 Jul 2024 | 0.6000 |
| 9 Apr 2024 | 0.5900 |
| 9 Jan 2024 | 0.5900 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
GIS SEC filings
2 Oct 2026
8-KSEC EDGAR
Shareholder vote results
30 Sep 2026
8-KSEC EDGAR
Director or officer change
23 Sep 2026
10-QSEC EDGAR
Quarterly report
23 Sep 2026
8-KSEC EDGAR
Results of operations
13 Aug 2026
DEF 14ASEC EDGAR
Proxy statement
1 Jul 2026
10-KSEC EDGAR
Annual report
1 Jul 2026
8-KSEC EDGAR
Results of operations
6 May 2026
8-KSEC EDGAR
Director or officer change
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.