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

General Mills (GIS) reported Operating Margin of 45.4% for Q2 2026, down 5646.0% on a YoY basis from 0.82% in Q2 2025, and down 483.93% sequentially from 11.82% in Q1 2026.

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

General Mills (GIS) has 18 years of Operating Margin data on file, last reported at 45.4% in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin fell 5646.0% year-over-year to 45.4%; the trailing twelve-month figure through May 2026 stood at 4.81% (down 1215.0% YoY), and the FY2026 full-year result was 4.81%, down 1215.0% from the prior year.
  • Operating Margin declined to 45.4% in Q2 2026, from 11.82% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 38.2% in Q3 2025 to a low of 45.4% in Q2 2026.
  • A 5-year average of 14.64% and a median of 16.84% in 2024 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin surged 2105 bps in 2025 and tumbled 5646 bps in 2026, its largest moves.
  • Tracing GIS's Operating Margin over 5 years: stood at 15.32% in 2022, then gained by 3 bps to 15.8% in 2023, then surged by 30 bps to 20.57% in 2024, then decreased by 27 bps to 14.98% in 2025, then plunged by 403 bps to 45.4% in 2026.
  • Business Quant data shows GIS's Operating Margin at 45.4% in Q2 2026, 11.82% in Q1 2026, and 14.98% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 18.94%
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn -45.40%
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 7.30%
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 14.27%
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 8.76%
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 14.62%
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -4.97%
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn -57.54%
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 Mn 8.09%

Historic Data

Download Data
DateValue
May 31, 2026 -45.40%
Feb 22, 2026 11.82%
Nov 23, 2025 14.98%
Aug 24, 2025 38.20%
May 25, 2025 11.06%
Feb 23, 2025 18.41%
Nov 24, 2024 20.57%
Aug 25, 2024 17.15%
May 26, 2024 16.53%
Feb 25, 2024 17.86%
Nov 26, 2023 15.80%
Aug 27, 2023 18.96%
May 28, 2023 16.27%
Feb 26, 2023 14.25%
Nov 27, 2022 15.32%
Aug 28, 2022 23.01%
May 29, 2022 20.77%
Feb 27, 2022 17.97%
Nov 28, 2021 15.93%
Aug 29, 2021 18.60%