General Mills profit margin GIS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- −4.9%
- Operating margin, 12 months
- −1.1%
- Net margin on a year earlier
- −20.1 pts
- Peer median
- 4.0%
Over the twelve months to Aug 30, 2026, General Mills kept −4.9% of its revenue as net profit, with an operating margin of −1.1% and a gross margin of 33.6%.
Five years earlier its net margin was 12.7%.
The median for 10 packaged Foods stocks of a similar size is 4.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | −0.5% | 4.8% | 33.6% |
| FY2025 | 11.8% | 17.0% | 34.6% |
| FY2024 | 12.6% | 17.3% | 34.9% |
| FY2023 | 12.9% | 17.1% | 32.6% |
| FY2022 | 14.3% | 18.3% | 33.7% |
| FY2021 | 12.9% | 17.3% | 35.6% |
| FY2020 | 12.4% | 16.8% | 34.8% |
| FY2019 | 10.4% | 14.9% | 34.1% |
| FY2018 | 13.5% | 15.4% | 34.5% |
| FY2017 | 10.6% | 16.4% | 35.6% |
| FY2016 | 10.2% | 16.3% | 35.2% |
| FY2015 | 6.9% | 11.8% | 33.7% |
| FY2014 | 10.2% | 16.5% | 35.6% |
| FY2013 | 10.4% | 16.0% | 36.1% |
| FY2012 | 9.4% | 15.4% | 36.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | −4.9% | −20.1 pts | −1.1% | |
| Q4 FY26 | −0.5% | −12.3 pts | 4.8% | |
| Q3 FY26 | 12.1% | −1.0 pts | 19.0% | |
| Q2 FY26 | 13.5% | +0.4 pts | 20.5% | |
| Q1 FY26 | 15.2% | +3.1 pts | 21.9% | |
| Q4 FY25 | 11.8% | −0.8 pts | 17.0% | |
| Q3 FY25 | 13.0% | +0.4 pts | 18.2% | |
| Q2 FY25 | 13.1% | +1.0 pts | 18.1% | |
| Q1 FY25 | 12.1% | +0.1 pts | 16.8% | |
| Q4 FY24 | 12.6% | −0.3 pts | 17.3% | |
| Q3 FY24 | 12.7% | −1.4 pts | 17.2% | |
| Q2 FY24 | 12.1% | −3.0 pts | 16.3% |
Against its peers
Companies in Packaged Foods nearest General Mills' size, closest first, today.
| Company | Profit margin |
|---|---|
| GISGeneral Mills | −4.9% |
| SJMJ M SMUCKER | 2.5% |
| MKCMccormick | 19.4% |
| HRLHormel Foods | 2.8% |
| KHCKraft Heinz | −13.6% |
| LWLamb Weston | 3.8% |
| SFDSmithfield Foods | 6.8% |
| CPBCAMPBELL'S | 4.1% |
| INGRIngredion | 8.2% |
| POSTPost | 3.5% |
| FRPTFreshpet | 17.3% |
| Peer median | 4.0% |
Where General Mills ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on General Mills
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.