General Mills: revenue, profit and dividends

In fiscal 2026, General Mills had revenue of $18.4B, up 1.1% a year on average since 2016, and a net loss of $87.6M. Its dividend per share has gone up 6 years in a row, to $2.44. It has 12% fewer shares than in 2016.

Revenue, fiscal 2026

$18.4B+1.1% a year

average annual revenue growth since 2016 · −5.4% vs 2025

Net income, 2026

−$87.6M

−0.5% of revenue

Diluted EPS, 2026

−$0.16

Dividend per share, 2026

$2.44

raised 6 years in a row

Revenue growth, 5 years

0.3% a year

since 2021

Shares, 2026

538M

−12.1% since 2016

Free cash flow, 2026

$1.63B

$2.17B from operations − $540M capex

Ticker: GIS · NYSE
Sector: Consumer Staples
Sub-industry: Packaged Foods & Meats
Headquarters: Golden Valley, Minnesota
Founded: 1856
In the S&P 500 since: March 4, 1957, the index’s first day
Latest fiscal year: 2026, ended May 31, 2026
SEC filer: General Mills Inc · CIK 0000040704

Revenue and net income

Revenue went from $13.7B in 2008 to $18.4B in 2026. Net loss in 2026.

RevenueNet income

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $1.85 in 2008 to −$0.16 in 2026.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Raised 6 years in a row, every year from 2021 to 2026. Ten-year growth: 3.2% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

12.1% fewer shares in 2026 than in 2016 (612M → 538M): buybacks outweighed new shares.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $1.63B in 2026, 8.8% of revenue.

Operating cash flowCapital expenditureFree cash flow

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal year	Revenue	Net income	Net margin	Diluted EPS	Dividend	Shares	Operating cash flow	Capex	Free cash flow
2026	$18.4B	−$87.6M	−0.5%	−$0.16	$2.44	538M	$2.17B	$540M	$1.63B
2025	$19.5B	$2.3B	11.8%	$4.10	$2.40	558M	$2.92B	$625M	$2.29B
2024	$19.9B	$2.5B	12.6%	$4.31	$2.36	580M	$3.3B	$774M	$2.53B
2023	$20.1B	$2.59B	12.9%	$4.31	$2.16	601M	$2.78B	$690M	$2.09B
2022	$19B	$2.71B	14.3%	$4.42	$2.04	613M	$3.32B	$569M	$2.75B
2021	$18.1B	$2.34B	12.9%	$3.78	$2.02	619M	$2.98B	$531M	$2.45B
2020	$17.6B	$2.18B	12.4%	$3.56	$1.96	613M	$3.68B	$461M	$3.22B
2019	$16.9B	$1.75B	10.4%	$2.90	$1.96	605M	$2.81B	$538M	$2.27B
2018	$15.7B	$2.13B	13.5%	$3.64	$1.96	586M	$2.84B	$623M	$2.22B
2017	$15.6B	$1.66B	10.6%	$2.77	$1.92	598M	$2.42B	$684M	$1.73B
2016	$16.6B	$1.7B	10.2%	$2.77	$1.78	612M	$2.76B	$729M	$2.03B
2015	$17.6B	$1.22B	6.9%	$1.97	$1.67	619M	$2.54B	$712M	$1.83B
2014	$17.9B	$1.82B	10.2%	$2.83	$1.17	646M	$2.54B	$664M	$1.88B
2013	$17.8B	$1.86B	10.4%	$2.79	$1.70	666M	$2.93B	$614M	$2.31B
2012	$16.7B	$1.57B	9.4%	$2.35	$1.22	667M	$2.41B	$676M	$1.73B
2011	$14.9B	$1.8B	12.1%	$2.70	$1.12	665M	$1.53B	$649M	$882M
2010	$14.6B	$1.53B	10.5%	$2.24	$0.96	683M	$2.18B	$650M	$1.53B
2009	$14.6B	$1.3B	9.0%	$1.90	$0.86	687M	$1.83B	$563M	$1.27B
2008	$13.7B	$1.29B	9.5%	$1.85	$0.78	—	$1.73B	$522M	$1.21B