3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
General Mills's 3-Year ROIIC % for the quarter that ended in May. 2026 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for General Mills's 3-Year ROIIC % or its related term are showing as below:
XSWX:GIS's 3-Year ROIIC % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.89 * Ranked among companies with meaningful 3-Year ROIIC % only.
General Mills (XSWX:GIS) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
General Mills 3-Year ROIIC % Related Terms
General Mills 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for General Mills's 3-Year ROIIC % 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: 3-Year ROIIC % Comparison
For the Packaged Foods subindustry, General Mills's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where General Mills's 3-Year ROIIC % falls into.
General Mills's 3-Year ROIIC % for the quarter that ended in May. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 0 (May. 2026) - 2201.0274656 (May. 2023) )
/
( 21473.23 (May. 2026) - 25597.736 (May. 2023) )
=
/
-4124.506
=
0.00%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
General Mills (XSWX:GIS) has a 3-Year ROIIC % of 0.00 as of May. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on General Mills and its competitors. According to the industry distribution chart, General Mills ranks #999999 out of 1830 companies in the Consumer Packaged Goods industry.
Is General Mills' 3-Year ROIIC % too high?
General Mills' current 3-Year ROIIC % is 0.00. Based on the distribution chart, General Mills ranks #999999 out of 1830 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' 3-Year ROIIC % compare to HRL and MKC?
According to the Consumer Packaged Goods industry distribution chart, General Mills ranks #999999 out of 1830 companies for 3-Year ROIIC %. This places General Mills in the lower half of its industry. The industry median 3-Year ROIIC % is 2.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Consumer Packaged Goods company?
The median 3-Year ROIIC % among Consumer Packaged Goods companies is 2.89, based on 1,830 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on General Mills and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Mills's current 3-Year ROIIC % is 0.00. 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 3-Year ROIIC % of 0.00. The stock's GF Value™ is CHF50.07, compared to a current price of CHF30.10 — trading 39.9% below its estimated fair value. The current 3-Year ROIIC % is 0.00. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For General Mills (XSWX:GIS), the current 3-Year ROIIC % is 0.00 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 CHF30.10 is trading 39.9% below its estimated GF Value™ of CHF50.07.
Key valuation signals for XSWX:GIS:
3-Year ROIIC %: 0.00
GF Value™: CHF50.07 vs. price of CHF30.10 (39.9% below fair value)
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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