General Mills (GIS) Gross Margin (2009 - 2026)
General Mills (GIS) reported Gross Margin of 34.79% for Q2 2026, up 243.0% on a YoY basis from 10.14% in Q2 2025, and up 12.91% sequentially from 30.81% in Q1 2026.
General Mills (GIS) Gross Margin (2009 - 2026) Analysis & Trends
General Mills (GIS) has 18 years of Gross Margin data on file, last reported at 34.79% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 243.0% year-over-year to 34.79%; the trailing twelve-month figure through May 2026 stood at 33.63% (down 92.0% YoY), and the FY2026 full-year result was 33.63%, down 92.0% from the prior year.
- Gross Margin advanced to 34.79% in Q2 2026, 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.
- A 5-year average of 33.85% and a median of 34.14% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 450 bps in 2022 and jumped 541 bps in 2023, its largest moves.
- Tracing GIS's Gross Margin over 5 years: stood at 32.66% in 2022, then advanced by 5 bps to 34.36% in 2023, then gained by 7 bps to 36.85% in 2024, then declined by 6 bps to 34.82% in 2025, then retreated by 0 bps to 34.79% in 2026.
- Business Quant data shows GIS's Gross Margin at 34.79% in Q2 2026, 30.81% in Q1 2026, and 34.82% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 36.70% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 34.79% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 17.44% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 40.18% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 13.45% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 26.11% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 24.43% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 20.42% |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 Mn | 7.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |