General Mills (XSWX:GIS) ROE %: 12.74% (As of Feb. 2026) — 53% Below Median


XSWX:GIS General Mills Inc XSWX:GIS
62 GF Score
Price CHF29.21
GF Value CHF51.96
! 7 Warning Signs
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What is General Mills ROE %?

General Mills XSWX:GIS +2.56% 62 ROE % is 12.74% as of Feb. 2026, which is 53% below its 10-year median of 26.88. GuruFocus rates XSWX:GIS with a GF Score™ of 62/100 and a GF Value™ of CHF51.96. The stock has 7 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, General Mills ranks better than 89.3% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. General Mills's annualized net income for the quarter that ended in Feb. 2026 was CHF937 Mil. General Mills's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was CHF7,355 Mil. Therefore, General Mills's annualized ROE % for the quarter that ended in Feb. 2026 was 12.74%.

The historical rank and industry rank for General Mills's ROE % or its related term are showing as below:

XSWX:GIS' s ROE % Range Over the Past 10 Years
Min: 23.74   Med: 26.88   Max: 40.71
Current: 23.74

During the past 13 years, General Mills's highest ROE % was 40.71%. The lowest was 23.74%. And the median was 26.88%.

XSWX:GIS's ROE % is ranked better than
89.3% of 1916 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs XSWX:GIS: 23.74

General Mills  (XSWX:GIS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=937.064/7354.514
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(937.064 / 13716.5)*(13716.5 / 25601.9935)*(25601.9935 / 7354.514)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.83 %*0.5358*3.4811
=ROA %*Equity Multiplier
=3.66 %*3.4811
=12.74 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=937.064/7354.514
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (937.064 / 1272.192) * (1272.192 / 1712.748) * (1712.748 / 13716.5) * (13716.5 / 25601.9935) * (25601.9935 / 7354.514)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7366 * 0.7428 * 12.49 % * 0.5358 * 3.4811
=12.74 %

Note: The net income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


General Mills ROE % Related Terms


General Mills ROE % Historical Data

* Premium members only.

The historical data trend for General Mills's ROE % 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.

General Mills ROE % Chart

General Mills Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.82 28.11 23.62 25.32 23.55

General Mills Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.45 12.20 50.75 17.53 12.74

XSWX:GIS vs JBS, HRL, MKC: ROE % Comparison

For the Packaged Foods subindustry, General Mills's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's ROE % distribution charts can be found below:

* The bar in red indicates where General Mills's ROE % falls into.


XSWX:GIS
62GF Score
General Mills Inc XSWX:GIS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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General Mills ROE % Calculation

General Mills's annualized ROE % for the fiscal year that ended in May. 2025 is calculated as

ROE %=Net Income (A: May. 2025 )/( (Total Stockholders Equity (A: May. 2024 )+Total Stockholders Equity (A: May. 2025 ))/ count )
=1904.786/( (8539.721+7634.416)/ 2 )
=1904.786/8087.0685
=23.55 %

General Mills's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Nov. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=937.064/( (7487.591+7221.437)/ 2 )
=937.064/7354.514
=12.74 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Feb. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 12.74% mean?
General Mills (XSWX:GIS) has a ROE % of 12.74% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on General Mills and its competitors. This is 53% below median its historical median of 26.88. Over the past decade, General Mills' ROE % has ranged from 23.74 to 40.71. According to the industry distribution chart, General Mills ranks #205 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 10.7%.
Is General Mills' ROE % too high?
General Mills' current ROE % of 12.74% is 53% below median its 10-year median of 26.88. Over the past 10 years, this metric has ranged from a low of 23.74 to a high of 40.71. The Consumer Packaged Goods industry median ROE % is 6.72. General Mills' value of 12.74% is 89.6% above this industry median. Based on the distribution chart, General Mills ranks #205 out of 1916 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, General Mills has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does General Mills' ROE % compare to JBS and HRL?
According to the Consumer Packaged Goods industry distribution chart, General Mills ranks #205 out of 1916 companies for ROE %. This places General Mills in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. General Mills' value of 12.74% is 89.6% above this benchmark. Historically, General Mills' own ROE % has ranged from 23.74 to 40.71 over the past decade. While the company's 10-year median is 26.88 vs. the industry median of 6.72, 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General Mills's current ROE % of 12.74% is 89.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on General Mills and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Mills's current ROE % is 12.74%, which is 53% below median its own 10-year median of 26.88. 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 ROE % of 12.74%. The stock's GF Value™ is CHF51.96, compared to a current price of CHF29.21 — trading 43.8% below its estimated fair value. The current ROE % is 12.74%, which is 53% below median its 10-year median of 26.88 and 89.6% above the Consumer Packaged Goods industry median of 6.72. General Mills' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For General Mills (XSWX:GIS), the current ROE % is 12.74% as of Feb. 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 CHF29.21 is trading 43.8% below its estimated GF Value™ of CHF51.96.

Key valuation signals for XSWX:GIS:

  • ROE %: 12.74% (53% below median its 10-year median of 26.88)
  • GF Value™: CHF51.96 vs. price of CHF29.21 (43.8% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 89.6% above the Consumer Packaged Goods median (#205 of 1916)

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 Business Description

Address Number One General Mills Boulevard, Minneapolis, MN, USA, 55426
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.
62GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF29.21
Price
CHF51.96
GF Value