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General MillsXSWX:GIS 52 Debt-to-Equity is 1.89 as of May. 2026, which is 11% above its 10-year median of 1.70. GuruFocus rates XSWX:GIS with a GF Score™ of 52/100 and a GF Value™ of CHF49.82. The stock has 6 warning signs investors should review. Among 1,744 Consumer Packaged Goods companies, General Mills ranks worse than 92.32% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for General Mills's Debt-to-Equity or its related term are showing as below:
XSWX:GIS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.14 Med: 1.7 Max: 2.58
Current: 1.89
During the past 13 years, the highest Debt-to-Equity Ratio of General Mills was 2.58. The lowest was 1.14. And the median was 1.70.
XSWX:GIS's Debt-to-Equity is ranked worse than 92.32% of 1744
companies
in the Consumer Packaged Goods industry
Industry Median: 0.415
vs XSWX:GIS: 1.89
General Mills (XSWX:GIS) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
General Mills Debt-to-Equity Related Terms
General Mills Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for General Mills's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:GIS vs HRL, MKC, JBS: Debt-to-Equity Comparison
For the Packaged Foods subindustry, General Mills's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
General Mills Debt-to-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where General Mills's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
General Mills (XSWX:GIS) has a Debt-to-Equity of 1.89 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on General Mills and its competitors. This is 11% above median its historical median of 1.70. Over the past decade, General Mills' Debt-to-Equity has ranged from 1.14 to 2.58. According to the industry distribution chart, General Mills ranks #1610 out of 1744 companies in the Consumer Packaged Goods industry, placing it in the top 92.3%.
Is General Mills' Debt-to-Equity too high?
General Mills' current Debt-to-Equity of 1.89 is 11% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 2.58. The Consumer Packaged Goods industry median Debt-to-Equity is 0.42. General Mills' value of 1.89 is 355.4% above this industry median. Based on the distribution chart, General Mills ranks #1610 out of 1744 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, General Mills has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does General Mills' Debt-to-Equity compare to HRL and MKC?
According to the Consumer Packaged Goods industry distribution chart, General Mills ranks #1610 out of 1744 companies for Debt-to-Equity. This places General Mills in the lower half of its industry. The industry median Debt-to-Equity is 0.42. General Mills' value of 1.89 is 355.4% above this benchmark. Historically, General Mills' own Debt-to-Equity has ranged from 1.14 to 2.58 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 0.42, General Mills has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.42, based on 1,744 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General Mills's current Debt-to-Equity of 1.89 is 355.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on General Mills and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Mills's current Debt-to-Equity is 1.89, which is 11% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Mills stock overvalued right now?
General Mills (XSWX:GIS) has a current Debt-to-Equity of 1.89. The stock's GF Value™ is CHF49.82, compared to a current price of CHF30.25 — trading 39.3% below its estimated fair value. The current Debt-to-Equity is 1.89, which is 11% above median its 10-year median of 1.70 and 355.4% above the Consumer Packaged Goods industry median of 0.42. General Mills' overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For General Mills (XSWX:GIS), the current Debt-to-Equity is 1.89 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is General Mills (XSWX:GIS) Overvalued in 2026?
Based on GuruFocus' analysis, General Mills stock appears to be undervalued.
The current stock price of CHF30.25 is trading 39.3% below its estimated GF Value™ of CHF49.82.
Key valuation signals for XSWX:GIS:
Debt-to-Equity: 1.89 (11% above median its 10-year median of 1.70)
GF Value™: CHF49.82 vs. price of CHF30.25 (39.3% below fair value)
Industry Position: 355.4% above the Consumer Packaged Goods median (#1610 of 1744)
No single metric tells the full story. See the XSWX:GIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General Mills is a global packaged-food company that produces snacks, cereal, convenient meals, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2025, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. Although most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.
52GF Score
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