General Mills Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 23, 2025	May '25 May 25, 2025	May '24 May 26, 2024	May '23 May 28, 2023	May '22 May 29, 2022	May '21 May 30, 2021
Revenue	18,777	19,487	19,857	20,094	18,993	18,127
Revenue Growth (YoY)	-5.65%	-1.87%	-1.18%	5.80%	4.78%	2.84%
Cost of Revenue	12,438	12,754	12,925	13,548	12,591	11,679
Gross Profit	6,338	6,733	6,932	6,546	6,402	6,448
Selling, General & Admin	3,426	3,446	3,259	3,500	3,147	3,080
Other Operating Expenses	-984.95	-17.6	241.4	-388.4	-220.6	223.9
Total Operating Expenses	2,441	3,428	3,500	3,112	2,926	3,304
Operating Income	3,849	3,305	3,432	3,434	3,476	3,145
Interest Income	-44.4	57.6	84.8	81.3	111.7	117.7
Interest Expense	-534.7	-524.2	-479.2	-382.1	-379.6	-420.3
Other Non-Operating Income (Expense)	1,211	207.9	160.6	614.7	419.2	197.1
Total Non-Operating Income (Expense)	632.25	-258.7	-233.8	313.9	151.3	-105.5
Pretax Income	3,328	2,893	3,113	3,222	3,321	2,975
Provision for Income Taxes	776.3	573.7	594.5	612.2	586.3	629.1
Net Income	2,537	2,295	2,497	2,594	2,707	2,340
Minority Interest in Earnings	14.5	23.7	22	15.7	27.7	6.2
Net Income to Common	2,537	2,295	2,497	2,594	2,707	2,340
Net Income Growth	-2.55%	-8.07%	-3.75%	-4.19%	15.71%	7.27%
Shares Outstanding (Basic)	545	555	576	595	608	614
Shares Outstanding (Diluted)	546	558	580	601	613	619
Shares Change (YoY)	-3.62%	-3.80%	-3.61%	-1.86%	-1.05%	0.95%
EPS (Basic)	4.67	4.12	4.34	4.36	4.46	3.81
EPS (Diluted)	4.65	4.10	4.31	4.31	4.42	3.78
EPS Growth	1.09%	-4.87%	-	-2.49%	16.93%	6.18%
Free Cash Flow	1,783	2,293	2,529	2,089	2,747	2,452
Free Cash Flow Growth	-22.26%	-9.32%	21.03%	-23.96%	12.03%	-23.73%
Free Cash Flow Per Share	3.26	4.11	4.36	3.47	4.48	3.96
Dividends Per Share	2.420	2.400	2.360	2.160	2.040	2.020
Dividend Growth	0.83%	1.70%	9.26%	5.88%	0.99%	3.06%
Gross Margin	33.76%	34.55%	34.91%	32.58%	33.71%	35.57%
Operating Margin	20.50%	16.96%	17.28%	17.09%	18.30%	17.35%
Profit Margin	13.59%	11.90%	12.68%	12.99%	14.40%	12.94%
FCF Margin	9.49%	11.77%	12.73%	10.40%	14.47%	13.53%
EBITDA	4,396	3,844	3,984	3,980	4,046	3,746
EBITDA Margin	23.41%	19.73%	20.07%	19.81%	21.30%	20.67%
EBIT	3,849	3,305	3,432	3,434	3,476	3,145
EBIT Margin	20.50%	16.96%	17.28%	17.09%	18.30%	17.35%
Effective Tax Rate	23.33%	19.83%	19.10%	19.00%	17.65%	21.15%

Updated Dec 17, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q