GENERAL MILLS INC (GIS) closed fiscal year 2026 with a gross margin of 33.6 % and a net margin of -0.5 %.
GENERAL MILLS INC (GIS) closed fiscal year 2026 with a gross margin of 33.6 % and a net margin of -0.5 %. The same year shows an EBITDA margin of 7.8 % and an EBIT margin of 4.8 %. The free cash flow margin was 8.8 %. Against the previous year the gross margin moved −0.9 pp and the net margin −12.3 pp. Across the period the gross margin ranges between 32.6 % in 2023 and 40.0 % in 2011. The series covers 19 fiscal years, from 2008 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: May
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 35.70 % | 35.55 % | 39.63 % | 40.01 % | 36.29 % | 36.14 % | 35.57 % | 33.74 % | 35.20 % | 35.65 % | 34.53 % | 34.13 % | 34.78 % | 35.57 % | 33.71 % | 32.58 % | 34.91 % | 34.55 % | 33.63 % |
| EBITDA margin (%) | 19.69 % | 19.09 % | 20.93 % | 21.82 % | 18.63 % | 19.35 % | 19.78 % | 15.12 % | 20.02 % | 19.82 % | 19.31 % | 18.59 % | 20.13 % | 20.67 % | 21.30 % | 19.81 % | 20.07 % | 19.73 % | 7.82 % |
| EBIT margin (%) | 16.33 % | 15.97 % | 17.81 % | 18.65 % | 15.38 % | 16.04 % | 16.51 % | 11.78 % | 16.35 % | 15.95 % | 15.37 % | 14.92 % | 16.76 % | 17.35 % | 18.30 % | 17.09 % | 17.28 % | 16.96 % | 4.81 % |
| Net margin (%) | 9.48 % | 8.96 % | 10.46 % | 12.09 % | 9.41 % | 10.44 % | 10.19 % | 6.93 % | 10.25 % | 10.61 % | 13.54 % | 10.39 % | 12.37 % | 12.91 % | 14.25 % | 12.91 % | 12.57 % | 11.78 % | -0.48 % |
| FCF margin (%) | 8.85 % | 8.69 % | 10.46 % | 5.93 % | 10.39 % | 13.01 % | 10.48 % | 10.38 % | 12.29 % | 11.08 % | 14.09 % | 13.46 % | 18.24 % | 13.53 % | 14.47 % | 10.40 % | 12.73 % | 11.77 % | 8.83 % |
