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General Mills (GIS) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NYSE•Consumer Defensive•Packaged Foods
D
WeakMetricSide Score: 27/100
ProfitabilityProfit0/30
GrowthGrowth6/25
Balance SheetBalance8/25
Cash QualityCash13/20
Price & Volume
Market Cap $20.16B

General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. The company operates through four segments: North America Retail; International; North America Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables. The company also manufactures and markets pet food products, including dog and cat food; and operates ice cream parlors. It markets its products under the Annies, Betty Crocker, Bisquick, Blue Buffalo, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, Dunkaroos, Edgard & Cooper, Fiber One, By The Foot, Gushers, Roll-Ups, Gardettos, Gold Medal, Golden Grahams, Häagen-Dazs, Kitano, Kix, Lärabar, Latina, Lucky Charms, As Well As Muir Glen, Nature Valley, Nudges, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Tastefuls, Tiki Pets, Total, Totinos, Trix, True Chews, True Solutions, Wanchai Ferry, Wheaties, Wilderness, and Yoki brands. In addition, the company sells its products to grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores. The company was founded in 1866 and is headquartered in Minneapolis, Minnesota.

Moat Signals

Competitive analysis based on 67 quarters of fundamental data

Pricing Power

Weak Moat

Operating margins are under pressure, averaging 10.8%. The business may lack pricing power or face rising costs.'

Competitive Advantage

Moderate Moat

ROE averages 23.4% but has fluctuated — the competitive advantage may be cyclical or emerging.

Cash Generation

Moderate Moat

8 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.

Demand Durability

Weak Moat

Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.

Risk Signals

Data-driven red flags and warnings across 67 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 70.8% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

Debt-to-equity has risen 32.7% recently — increasing financial risk even if the current ratio is manageable.

Revenue Decline

Red Flag

Revenue declined in 5 of the last 7 quarters — persistent contraction signals a fundamental problem.

Cash Burn

Healthy

Free cash flow is consistently positive — the business self-funds without external capital reliance.

Share Dilution

Healthy

Shares decreased 4.3% — net buybacks are reducing shares outstanding and boosting per-share value.

Metrics at a Glance

as of May 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$18.42B
5.4%
Q. Revenue
$4.61B
TTM EBITDA
$1.44B
62.5%
TTM Op. Income
$885.80M
73.2%
Q. Op. Income
$-2.09B
TTM Net Income
$-87.60M
103.8%
Q. Net Income
$-2.01B
EPS
$-3.743
Shares Out.
$536.50M
2.1%
$18.42B in TTM revenue declined 5.4% YoY, reaching $4.61B last quarter. TTM EBITDA of $1.44B and TTM operating income of $885.80M shows growth is flowing through. However, net income is negative at $87.60M — growth is not yet reaching the bottom line. Revenue is contracting — assess whether this is cyclical or structural.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
34.8%
7.5%
EBITDA Margin
-36.4%
Op. Margin
-45.4%
510.4%
Net Margin
-43.6%
775.0%
Op. margin of -45.4% is down 56.5% YoY — costs are rising relative to revenue. Net margin at -43.6% and gross margin of 34.8% — earnings take a bigger bite when COGS stays lean..

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
1.1x
P/B Ratio
2.7x
P/S of 1.1x and P/B of 2.7x. A low P/S may indicate the stock is undervalued.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$30.02B
Cash
$453.80M
Long-Term Debt
$13.47B
Book Value
$7.37B
D/E Ratio
1.8
Debt/EBITDA
N/A
With $30.02B in assets and $13.47B in long-term debt, the D/E of 1.8and book value of $7.37B — reflects moderate leverage — debt is manageable but worth monitoring.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$552.00M
Free Cash Flow
$367.60M
6.1%
FCF Margin
2.0%
FCF / Net Income
-0.2
FCF of $367.60M on $552.00M in operating cash flow. The FCF / Net Income ratio of -4.2x shows cash consumption — the business is not yet self-funding.

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