profit from every $100 of sales.
$0$100
General Mills
$34.32+2.39% today
-27.5% in 1 year
1-year low $31.671-year high $49.01
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What General Mills sold, what it kept, and what it did with the cash.
Sales went from $20.1 billion in 2023 to $18.4 billion in 2026, with -$87.6 million of profit last year.
SalesProfit
General Mills handed back more cash to shareholders than it generated last year.
$1.3B
Free cash flow 2026$1.6B
Bought back its own shares$500M
Paid as dividends$1.3B
Cash vs. debt$454M vs. $13.8B
General Mills vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| General Mills | No profit yet | ||
 Nestlé | 25.0× · Fair price | ||
 Danone | 24.6× · Fair price | ||
 JBS | 19.8× · Fair price | ||
 Foshan Haitian Flavouring and Food | 29.0× · Fair price |
Compare General Mills with Ingredion · Post Holdings
AI analysis
An AI analyst reads General Mills's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 18,127 | 18,993 | 20,094 | 19,857 | 19,487 | 18,425 | |
| 6,448 | 6,402 | 6,546 | 6,932 | 6,733 | 6,196 | |
| 3,145 | 3,255 | 3,045 | 3,673 | 3,287 | 886 | |
| 3,879 | 4,163 | 4,083 | 4,079 | 3,923 | 1,441 | |
| 2,340 | 2,707 | 2,594 | 2,497 | 2,295 | -88 | |
| 3.78 | 4.42 | 4.31 | 4.31 | 4.10 | -0.16 | |
| 35.6% | 33.7% | 32.6% | 34.9% | 34.6% | 33.6% | |
| 17.3% | 17.1% | 15.2% | 18.5% | 16.9% | 4.8% | |
| 12.9% | 14.3% | 12.9% | 12.6% | 11.8% | -0.5% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 31,842 | 31,090 | 31,452 | 31,470 | 33,071 | 30,017 |
| Cash | 1,505 | 569 | 586 | 418 | 364 | 454 |
| Total debt | 12,895 | 11,975 | 12,065 | 13,315 | 15,297 | 13,838 |
| Total liabilities | 21,464 | 20,302 | 20,752 | 21,821 | 23,860 | 22,636 |
| 9,470 | 10,542 | 10,450 | 9,397 | 9,199 | 7,368 | |
| 619 | 613 | 601 | 580 | 558 | 538 | |
| 11.6% | 12.6% | 12.4% | 12.3% | 10.9% | 3.3% | |
| 24.7% | 25.7% | 24.8% | 26.6% | 24.9% | -1.2% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 2,983 | 3,316 | 2,779 | 3,303 | 2,918 | 2,166 | |
| 531 | 569 | 690 | 774 | 625 | 540 | |
| 2,452 | 2,747 | 2,089 | 2,529 | 2,293 | 1,626 | |
| Dividends paid | 1,246 | 1,245 | 1,288 | 1,363 | 1,339 | 1,315 |
| 301 | 877 | 1,404 | 2,002 | 1,203 | 500 | |
| 90 | 99 | 112 | 95 | 92 | 79 |
Valuation
- –
- 10.0×
- –
- 2.0×
- 1.0×
- 11.3×
- 22.0×
- 8.9%
- -0.5%
- 7.1%
Profitability
- 33.6%
- 4.8%
- -0.5%
- 16.6%
- 9.7%
- 10.9%
- 23.7%
- 6.8%
- 14.8%
- –
Growth
- +0.3%
- –
- −9.3%
- +4.1%
- −2.5%
Financial health
- 9.3×
- 1.49
- 43.1%
- 6.7×
- 0.56
- 0.36
- 0.57
How it ranks in Consumer Staples
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 49%of 669
Bottom 22%of 672
Bottom 21%of 671
Top 25%of 666
What analysts expect
- Average price target
- $46.58
- Range
- $35.00 – $63.00
- 11 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 18, 2026 | 0.64 | 0.73 | −12.1% |
| Dec 17, 2025 | 1.10 | 1.03 | +6.8% |
| Sep 17, 2025 | 0.86 | 0.82 | +5.1% |
| Jun 25, 2025 | 0.74 | 0.71 | +4.4% |
| Mar 19, 2025 | 1.00 | 0.96 | +4.4% |
| Dec 18, 2024 | 1.40 | 1.22 | +14.8% |
| Sep 18, 2024 | 1.07 | 1.06 | +0.9% |
| Jun 26, 2024 | 1.01 | 0.99 | +2.0% |
7.1%of the share price, paid each year
On $1,000 invested$71a year at today's yield, before tax
+4.1%2020 to 2025
Raised6 yearsin a row, in our data
Paid per share, each year
$1.73 in 2015 → $2.42 in 2025
How safe it looks
58.3% of its profit
Room to growStretchedMore than it earns: 80.9%
News
Cathay General Bancorp declares $0.38 dividendSeeking Alpha · Nov 14, 2026Dollar General drops as FTC, states challenge retailer’s pricingSeeking Alpha · Oct 26, 2026SA Asks: How can General Motors get back on track?Seeking Alpha · Oct 24, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
41No pass
Benjamin Graham
44No pass
Philip Fisher
34No pass
Peter Lynch
20No pass
Joel Greenblatt
4No pass
Charlie Munger
35No pass
Terry Smith
32No pass
Questions about General Mills
Is General Mills a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the General Mills AI analysis
What does General Mills do?
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet. It is in Packaged Foods, based in Minneapolis, MN, United States, with 33,000 employees.
Does General Mills pay a dividend?
Yes. At today's price the dividend is 7.1% a year, about 58% of its yearly profit. In 2026 it paid out $1.32 billion in dividends.
Is General Mills stock halal?
No. General Mills does not pass our halal screen: its debt is 75% of its market value, at or above the 33% limit. How we check
How has General Mills stock done over the past year?
Down 27.5% over the past twelve months, to $34.32. It traded between $31.67 and $49.01 and is 30.0% below its high.
Who are General Mills's competitors?
The largest listed companies in the same industry are Nestlé, Danone, JBS and Foshan Haitian Flavouring and Food. The peers table on this page compares their profit, growth and price with General Mills's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.