General Mills Inc logo

General Mills Inc(GIS)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$33.64
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for GIS

09/25/2026: GIS (1-star) is currently NOT-A-BUY. Pass it for now.

General Mills is a global consumer staples company known for its stable portfolio of established food brands such as Cheerios and Häagen-Dazs. The company’s core strengths include its diversified business, deep-seated brand equity, and steady cash flow generation that appeals to dividend-focused investors. Its primary investment story centers on pivoting toward higher-growth areas like premium pet food, though this is balanced by risks from competitive private label store brands and limited volume growth in mature categories. Valuation remains a key factor for retail investors to monitor alongside the company's ability to maintain margins. Investors should keep a close watch on volume trends and its ongoing portfolio optimization strategy.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitGeneral Mills operates in a mature industry with limited potential for rapid top-line expansion.
Momentum investorMixed fitMomentum is generally tied to market sentiment shifts, which can be inconsistent in stable consumer staples.
Value investorStrong fitThe company is often viewed as a defensive value play with stable cash flows and reasonable earnings multiples.
Dividend investorStrong fitGeneral Mills offers a reliable dividend yield that is attractive for income-focused portfolios.
Low-risk investorStrong fitAs a consumer staple, the stock typically exhibits lower beta and less volatility than the broader market.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityLowThe stock is generally defensive and less reactive to short-term market swings.
Valuation riskMediumInvestors must ensure the entry price does not reflect excessive growth expectations for a slow-growth sector.
Competition risk (Private label)HighStore brands pose a constant threat to market share, especially during periods of high inflation.
Business qualityStrongThe company owns a portfolio of established, trusted brands with deep distribution networks.
Dividend incomeStrongConsistent payouts provide reliable income for long-term holders.
Execution riskMediumOperational efficiency and supply chain management are critical to maintaining margins.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -14.42%
Avg. Invested days 33
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
GIS receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
GIS has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and solid ownership. In FY2026 versus FY2025, solid cash generation (FCF margin 8.8%) is partially offset by negative earnings growth (-103.8%), negative revenue growth (-5.4%), soft profitability (net margin -0.5%).

Financial Health Rating

★★★★★
GIS's financial health is supported by solid cash strength, including free-cash-flow generation of $1.6B (8.8% of revenue). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
GIS's growth profile is soft, with the least-weak measure being revenue growth at -5.4% FY2026 versus FY2025. By comparison, while earnings growth (-103.8%, negative) and free-cash-flow growth (-29.1%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 91.1% and approximately 99.6% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.28%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 11.40%
Vanguard Capital Management, LLC 6.49%
State Street Corp 6.39%
Vanguard Portfolio Management, LLC 5.21%
Charles Schwab Investment Management Inc 3.01%

Unit Economics (Per $1K Revenue)

★★★★★
GIS generates approximately $335 of gross profit, $151 of operating income, and $88 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 125.93%

Quantitative Style Profile

★★★★★
GIS has a large-cap, liquid, relatively low-volatility profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Low VolatilityLarge / Mega Cap StabilityShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 17.99B USD
Price to earnings Ratio -
1Y Target Price 37.22
Price to earnings Ratio -
1Y Target Price 37.22
Volume (30-day avg) 9.3M shares
Beta -0.03
52 Weeks Range 31.21 - 48.26
Updated Date 09/26/2026
52 Weeks Range 31.21 - 48.26
Updated Date 09/26/2026
Dividends yield (FY) 7.01%
Basic EPS (TTM) -1.64

How Company Makes Money

Business areaWhat it includesRetail investor read
North America RetailCereal, snacks, baking mixes, yogurt.The primary engine of steady, reliable cash flow.
PetBLUE Buffalo natural pet food.A higher-growth segment within the company's portfolio.
InternationalGlobal snack and meal brand distribution.Provides exposure to diverse consumer markets outside of the US.
FoodserviceBulk supply to restaurants and schools.Directly sensitive to dining-out trends and institutional demand.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Earnings Date

Report Date 2026-09-23
When Before Market
Estimate 0.72
Actual 0.75

Profitability

Profit Margin -4.89%
Operating Margin (TTM) 15.24%

Management Effectiveness

Return on Assets (TTM) 5.65%
Return on Equity (TTM) -10.49%

Valuation

Trailing PE -
Forward PE 11.55
Enterprise Value 32.34B
Price to Sales(TTM) 0.98
Enterprise Value 32.34B
Price to Sales(TTM) 0.98
Enterprise Value to Revenue 1.76
Enterprise Value to EBITDA 21.2
Shares Outstanding 534.69M
Shares Floating 532.70M
Shares Outstanding 534.69M
Shares Floating 532.70M
Percent Insiders 0.28
Percent Institutions 91.14

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About General Mills Inc

Exchange NYSE
Headquarters Minneapolis, MN, United States
IPO Launch date 1983-06-10
Chairman & CEO Mr. Jeffrey L. Harmening
Sector Consumer Defensive
Industry Packaged Foods
Full time employees 30000
Full time employees 30000

General Mills, Inc. manufactures and markets branded consumer food 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 snacks, including grain, fruit and savory snacks, nutrition bars, and frozen hot snacks; ready-to-eat cereal; convenient meals comprising meal kits, ethnic meals, pizza, soup, side dish mixes, frozen breakfast, and frozen entrees; wholesome natural pet food; refrigerated and frozen dough; baking mixes and ingredients; and ice cream products. The company also offers dog and cat food, such as dry food, wet food, fresh food, and treats. In addition, it operates 232 and franchises 376 ice cream parlors. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, Dunkaroos, Edgard & Cooper, Fiber One, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Gold Medal, Golden Grahams, Häagen-Dazs, Kitano, Kix, Lärabar, Latina, Lucky Charms, Nature Valley, Nudges, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Tastefuls, Tiki Pets, Total, Totino's, Trix, True Solutions, Wanchai Ferry, Wheaties, Wilderness, and Yoki brands. It 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.