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
Download Data
Historic 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% |