General Mills Income Statement

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

Millions USD. Fiscal year is Jun - May.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 25, 2025	May '24 May 26, 2024	May '23 May 28, 2023	May '22 May 29, 2022
Revenue	18,425	19,487	19,857	20,094	18,993
Revenue Growth (YoY)	-5.45%	-1.87%	-1.18%	5.80%	4.78%
Cost of Revenue	12,229	12,754	12,925	13,548	12,591
Gross Profit	6,196	6,733	6,932	6,546	6,402
Selling, General & Admin	3,389	3,446	3,259	3,500	3,147
Other Operating Expenses	1,921	-17.6	241.4	-388.4	-220.6
Total Operating Expenses	5,310	3,428	3,500	3,112	2,926
Operating Income	885.8	3,305	3,432	3,434	3,476
Interest Expense	-538.6	-524.2	-479.2	-382.1	-379.6
Other Non-Operating Income (Expense)	58.3	54.4	75.8	88.8	113.4
Total Non-Operating Income (Expense)	-480.3	-469.8	-403.4	-293.3	-266.2
Pretax Income	405.5	2,835	3,028	3,141	3,210
Provision for Income Taxes	414.3	573.7	594.5	612.2	586.3
Net Income	-85.3	2,319	2,519	2,610	2,735
Minority Interest in Earnings	78.8	-33.9	-62.8	-65.6	-84
Net Income to Common	-87.6	2,295	2,497	2,594	2,707
Net Income Growth	-	-8.07%	-3.75%	-4.19%	15.71%
Shares Outstanding (Basic)	538	555	576	595	608
Shares Outstanding (Diluted)	538	558	580	601	613
Shares Change (YoY)	-3.55%	-3.80%	-3.61%	-1.86%	-1.05%
EPS (Basic)	-0.16	4.12	4.34	4.36	4.46
EPS (Diluted)	-0.16	4.10	4.31	4.31	4.42
EPS Growth	-	-4.87%	-	-2.49%	16.93%
Free Cash Flow	1,626	2,293	2,529	2,089	2,747
Free Cash Flow Growth	-29.07%	-9.32%	21.03%	-23.96%	12.03%
Free Cash Flow Per Share	3.02	4.11	4.36	3.47	4.48
Dividends Per Share	2.440	2.400	2.360	2.160	2.040
Dividend Growth	1.67%	1.70%	9.26%	5.88%	0.99%
Gross Margin	33.63%	34.55%	34.91%	32.58%	33.71%
Operating Margin	4.81%	16.96%	17.28%	17.09%	18.30%
Profit Margin	-0.46%	11.90%	12.68%	12.99%	14.40%
FCF Margin	8.83%	11.77%	12.73%	10.40%	14.47%
EBITDA	1,441	3,844	3,984	3,980	4,046
EBITDA Margin	7.82%	19.73%	20.07%	19.81%	21.30%
EBIT	885.8	3,305	3,432	3,434	3,476
EBIT Margin	4.81%	16.96%	17.28%	17.09%	18.30%
Effective Tax Rate	102.17%	20.24%	19.63%	19.49%	18.27%

SEC Filings: 10-K · 10-Q