General Mills (GIS) AI Stock Analysis

• Market Cap: $24.68B
• Dividend Yield: 5.19%
• Average Volume (3M): 7.12M
• Price to Earnings (P/E): 9.6
• Beta (1Y): -0.10
• Revenue Growth: -5.65%
• EPS Growth: 0.41%
• Country: US
• Employees: 34,000
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 1.10
• Shares Outstanding: 533,582,100
• 10 Day Avg. Volume: 6,424,591
• 30 Day Avg. Volume: 7,116,584
• PEG Ratio: -2.54
• Price to Book (P/B): 3.22
• Price to Sales (P/S): 1.52
• P/FCF Ratio: 12.91
• Enterprise Value/Market Cap: 1.53
• Enterprise Value/Revenue: 1.97
• Enterprise Value/Gross Profit: 5.74
• Enterprise Value/Ebitda: 9.99
• 1Y Price Target: $52.83
• Price Target Upside: 14.20% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 15
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: $49.00 ▲(5.92% Upside)

The score is driven primarily by solid but not accelerating fundamentals (strong margins and ROE, offset by negative revenue and softer cash flow trends plus higher leverage). Valuation is a key positive with a low P/E and high dividend yield, while technicals remain neutral-to-weak given price below longer-term moving averages and a negative MACD. Earnings call signals a better second half and innovation momentum, but category and cost headwinds keep the outlook balanced.

Positive Factors

Product Innovation

Increased product innovation can drive market share growth and enhance competitive positioning, supporting long-term revenue expansion.

North America Retail Growth

Growth in North America Retail indicates strong market demand and effective pricing strategies, contributing to sustained revenue growth.

Pet Business Momentum

Momentum in the Pet segment reflects successful product offerings and market penetration, supporting diversified revenue streams.

Negative Factors

Increased Leverage

Higher leverage can constrain financial flexibility and increase risk, potentially impacting long-term financial stability.

Revenue Growth Challenges

Negative revenue growth suggests potential difficulties in expanding sales, which could hinder future profitability and market share.

Supply Chain Restructuring Risks

The restructuring poses risks of operational disruptions and financial costs, potentially affecting efficiency and stakeholder relations.

General Mills Business Overview & Revenue Model

Company Description

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 offers 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 salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also supplies branded and unbranded food products to the North American foodservice and commercial baking industries; and manufactures and markets pet food products, including dog and cat food. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.

How the Company Makes Money

General Mills generates revenue through the sale of its extensive portfolio of food products, which are distributed through various channels including supermarkets, convenience stores, and restaurants. The company's revenue model is primarily based on the direct sale of consumer packaged goods, with significant revenue streams coming from its branded products across cereals, snacks, and frozen foods. Additionally, General Mills benefits from strategic partnerships with retailers and foodservice operators, enhancing its distribution capabilities. The company also invests in innovation and marketing to drive brand loyalty and expand its market share, contributing to its overall earnings. Overall, the combination of a diverse product offering, effective marketing strategies, and strong distribution partnerships positions General Mills to capitalize on consumer trends and preferences in the food industry.

General Mills Financial Statement Overview

Summary

Profitability remains solid with robust EBIT/EBITDA margins, but recent negative revenue growth and some cash flow softness (including declining free cash flow growth) temper the outlook. Leverage has increased over time, adding balance-sheet risk despite strong ROE and a stable equity ratio.

Income Statement

General Mills shows a stable gross profit margin and a healthy net profit margin, though both have slightly declined in the TTM period. Revenue growth has been negative recently, indicating potential challenges in sales expansion. However, EBIT and EBITDA margins remain robust, reflecting operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has increased over time, suggesting higher leverage, which could pose risks if not managed carefully. However, the return on equity is strong, indicating effective use of equity to generate profits. The equity ratio is stable, reflecting a balanced capital structure.

Cash Flow

Operating cash flow and free cash flow have shown some volatility, with recent declines in free cash flow growth. The operating cash flow to net income ratio is moderate, suggesting reasonable cash generation from operations. The free cash flow to net income ratio is strong, indicating good cash conversion.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	19.16B	19.49B	19.86B	20.09B	18.99B	18.13B
Gross Profit	6.58B	6.73B	6.93B	6.55B	6.40B	6.45B
EBITDA	3.78B	3.92B	4.08B	4.08B	4.16B	3.89B
Net Income	2.92B	2.30B	2.50B	2.59B	2.71B	2.34B
Balance Sheet
Total Assets	33.02B	33.07B	31.47B	31.45B	31.09B	31.84B
Cash, Cash Equivalents and Short-Term Investments	952.90M	363.90M	418.00M	702.70M	819.20M	1.87B
Total Debt	14.41B	15.30B	13.32B	12.06B	11.98B	13.01B
Total Liabilities	23.50B	23.86B	21.82B	20.75B	20.30B	21.46B
Stockholders Equity	9.51B	9.20B	9.40B	10.45B	10.54B	9.47B
Cash Flow
Free Cash Flow	2.10B	2.29B	2.53B	2.09B	2.75B	2.45B
Operating Cash Flow	2.69B	2.92B	3.30B	2.78B	3.32B	2.98B
Investing Cash Flow	47.90M	-1.79B	-1.20B	-346.40M	-1.69B	-512.80M
Financing Cash Flow	-2.26B	-1.18B	-2.27B	-2.40B	-2.50B	-2.72B

General Mills Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 46.26
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GIS, the sentiment is Positive. The current price of 46.26 is above the 20-day moving average (MA) of 44.38, above the 50-day MA of 45.54, and below the 200-day MA of 48.66, indicating a neutral trend. The MACD of -0.14 indicates Negative momentum. The RSI at 58.84 is Neutral, neither overbought nor oversold. The STOCH value of 63.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GIS.

General Mills Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GIS	68 Neutral	$24.68B	9.59	27.29%	5.19%	-5.65%	0.41%
HRL	68 Neutral	$13.54B	28.13	6.02%	4.82%	1.55%	-40.81%
MKC	65 Neutral	$16.60B	20.93	14.32%	2.61%	1.64%	-1.83%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
CPB	60 Neutral	$8.34B	13.97	14.82%	5.64%	2.71%	4.90%
SJM	49 Neutral	$11.19B	-9.34	-17.44%	4.45%	-0.66%	-326.55%
KHC	48 Neutral	$28.10B	-6.38	-9.73%	6.75%	-3.70%	-431.05%

General Mills Corporate Events

General Mills appoints new director, updates corporate bylaws

On January 26, 2026, General Mills appointed Joan L. Bottarini as an independent director to its Board, expanding the Board to twelve members and assigning her to the Audit and Compensation and Talent Committees, with compensation aligned to the company’s standard director pay practices, including an initial grant of restricted stock units. On the same date, the Board amended and restated the company’s by-laws to update procedures and disclosure requirements for director nominations and shareholder proposals at annual meetings, clarify the majority voting provision for contested elections, and implement various administrative and modernizing changes, signaling ongoing refinement of its corporate governance framework for investors and other stakeholders.

The most recent analyst rating on (GIS) stock is a Hold with a $49.00 price target. To see the full list of analyst forecasts on General Mills stock, see the GIS Stock Forecast page.