General Mills GIS
NYSE GIS
$37.10 -0.58 (-1.55%)
As of: Sep 9, 2026 · 3:59 PM EDT

General Mills (GIS) Gross Margin (2009 - 2026)

General Mills' (GIS) quarterly Gross Margin came in at 34.79% in Q2 2026, up 243.0% year-over-year from 10.14% in Q2 2025, and up 12.91% quarter-over-quarter from 30.81% in Q1 2026.

Analysis

General Mills (GIS) Gross Margin (2009 - 2026) Analysis & Trends

General Mills has disclosed Gross Margin across 18 years of filings, most recently posting 34.79% for Q2 2026.

  • In Q2 2026, Gross Margin rose 243.0% year-over-year to 34.79%; the TTM figure through May 2026 stood at 33.63% (down 92.0% YoY), while the FY2026 annual figure was 33.63%, down 92.0% from the prior year.
  • Gross Margin came in at 34.79% for Q2 2026 at General Mills, up from 30.81% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 36.85% in Q4 2024 to a low of 30.69% in Q3 2022.
  • Average Gross Margin over 5 years is 33.85%, with a median of 34.14% recorded in 2023.
  • Year-over-year, Gross Margin tumbled 450 bps in 2022 and surged 541 bps in 2023.
  • Over 5 years, Gross Margin stood at 32.66% in 2022, then climbed by 5 bps to 34.36% in 2023, then advanced by 7 bps to 36.85% in 2024, then fell by 6 bps to 34.82% in 2025, then decreased by 0 bps to 34.79% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 34.79% in Q2 2026, 30.81% in Q1 2026, and 34.82% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Kraft Heinz 29.22 Bn 26.54 Bn 2.03 Bn 32.39%
2 General Mills 19.94 Bn 19.49 Bn 1.60 Bn 34.79%
3 Mccormick 13.84 Bn 13.51 Bn 778.20 Mn 40.18%
4 J M Smucker 13.17 Bn 13.13 Bn 979.60 Mn 44.14%
5 Hormel Foods 11.54 Bn 10.67 Bn 471.52 Mn 15.92%
6 Chewy 8.46 Bn 7.94 Bn 1.01 Bn 30.13%
7 Conagra Brands 7.25 Bn 7.03 Bn 704.10 Mn 24.43%
8 Lamb Weston Holdings 6.67 Bn 6.60 Bn 361.40 Mn 20.42%
9 Campbell'S 6.51 Bn 6.10 Bn 650.00 Mn 27.47%
10 Post Holdings 3.66 Bn 3.39 Bn 566.30 Mn 29.07%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 34.79%
Feb 22, 2026 30.81%
Nov 23, 2025 34.82%
Aug 24, 2025 33.93%
May 25, 2025 32.35%
Feb 23, 2025 33.85%
Nov 24, 2024 36.85%
Aug 25, 2024 34.83%
May 26, 2024 35.82%
Feb 25, 2024 33.48%
Nov 26, 2023 34.36%
Aug 27, 2023 36.10%
May 28, 2023 34.36%
Feb 26, 2023 32.48%
Nov 27, 2022 32.66%
Aug 28, 2022 30.69%
May 29, 2022 36.19%
Feb 27, 2022 30.93%
Nov 28, 2021 32.47%
Aug 29, 2021 35.19%