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
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%