Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

General Mills

GIS stock analysis · Consumer Staples · Packaged Foods & Meats

FY 2025-05-25ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$34.80HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$18.6B

Price × SEC outstanding shares. Shares measured 2026-06-15. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$65.25

Equity cash-flow scenario · SEC outstanding shares at 2026-06-15 · 87.5% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

-9.3%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

208.2%

26 sector peers · median 24.9×

How this is calculated ↗
Valuation

Historical multiples

14.3×

7 annual observations · snapshot P/E 8.1× · -43.3% versus history

How this is calculated ↗
Valuation

Free cash flow yield

12.3%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

11.4%

Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation)

How this is calculated ↗
Valuation

Value composite

91/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

5.1%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

13.5%

Annual basis · read assumptions below

How this is calculated ↗
Quality

Accrual quality

-1.9%

Annual basis · read assumptions below

How this is calculated ↗
Momentum

Fundamental momentum

-1.3%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 3.3B2021-05-30: cfo $2,983,200,000.002021-05-30: capex $530,800,000.0020212022-05-29: cfo $3,316,100,000.002022-05-29: capex $568,700,000.0020222023-05-28: cfo $2,778,600,000.002023-05-28: capex $689,500,000.0020232024-05-26: cfo $3,302,600,000.002024-05-26: capex $774,100,000.0020242025-05-25: cfo $2,918,200,000.002025-05-25: capex $625,300,000.0020252026-05-31: cfo $2,166,200,000.002026-05-31: capex $539,900,000.002026
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$81.85$89.30$97.32
10.0%$59.98$65.25$70.92
12.0%$47.32$51.34$55.66

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2026-05-3118.4B-85.3M2.2B539.9M30B
2025-05-2519.5B2.3B2.9B625.3M33.1B
2024-05-2619.9B2.5B3.3B774.1M31.5B
2023-05-2820.1B2.6B2.8B689.5M31.5B
2022-05-2919B2.7B3.3B568.7M31.1B
2021-05-3018.1B2.3B3B530.8M31.8B
2020-05-3117.6B2.2B3.7B460.8M30.8B
2019-05-2616.9B1.8B2.8B537.6M30.1B
2018-05-2715.7B2.2B2.8B622.7M30.6B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue19.5BRevenueFromContractWithCustomerExcludingAssessedTax2026-07-01
netIncome2.3BProfitLoss
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-07-01
Parent/common earnings proxy2.3BNetIncomeLoss2026-07-01
cfo2.9BNetCashProvidedByUsedInOperatingActivities2026-07-01
capex625.3MPaymentsToAcquirePropertyPlantAndEquipment2026-07-01
operatingIncome3.3BOperatingIncomeLoss2026-07-01
assets33.1BAssets2026-07-01
equity9.2BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-07-01
Parent book equity proxy9.2BStockholdersEquity2026-07-01
debt14.2BLongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities2026-07-01
shortDebt677MShortTermBorrowings2026-07-01
cash363.9MCashAndCashEquivalentsAtCarryingValue2026-07-01
shares557.5MWeightedAverageNumberOfDilutedSharesOutstanding2026-07-01
dividends1.3BPaymentsOfDividendsCommonStock2026-07-01
buybacks1.2BPaymentsForRepurchaseOfCommonStock2026-07-01
issuance43MReviewed manual correction
Bounded FY2025-05-25 consolidated financing-statement extraction. Proceeds from common stock issued on exercised options: 43000000 USD [us-gaap:ProceedsFromStockOptionsExercised]. All 9 financing lines reconcile exactly to reported financing cash flow -1180100000 USD. Cash inflows from common shares, employee plans and option exercises are summed once as displayed on the statement; noncash compensation, withholding payments, preferred and noncontrolling interests are excluded. This review applies only to this issuer and fiscal period. Source limitation: the statement also aggregates other financing cash flows (net -129100000 USD). Their common-equity portion is not separately disclosed here. Issuance is the sum of separately reported common cash-issuance lines, not an independently verified gross total; additional equity flows may be inside those aggregates.
2026-07-01