General Mills annual debt-to-equity ratio
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2026
General Mills Debt-to-Equity Ratio Growth & History (GIS)
General Mills's debt-to-equity ratio was 1.89 for fiscal 2026.
View full General Mills company overviewGeneral Mills annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-05-31 | 1.89 | 0.23 | +13.78% |
| 2025 | 2025-05-25 | 1.66 | 0.25 | +17.35% |
| 2024 | 2024-05-26 | 1.42 | 0.26 | +22.73% |
| 2023 | 2023-05-28 | 1.15 | 0.02 | +1.64% |
| 2022 | 2022-05-29 | 1.14 | −0.24 | −17.29% |
| 2021 | 2021-05-30 | 1.37 | −0.35 | −20.48% |
| 2020 | 2020-05-31 | 1.73 | −0.33 | −15.91% |
| 2019 | 2019-05-26 | 2.05 | −0.52 | −20.26% |
| 2018 | 2018-05-27 | 2.58 | 0.39 | +17.57% |
| 2017 | 2017-05-28 | 2.19 | 0.48 | +28.11% |
| 2016 | 2016-05-29 | 1.71 | −0.13 | −7.04% |
| 2015 | 2015-05-31 | 1.84 | 0.50 | +36.82% |
| 2014 | 2014-05-25 | 1.34 | 0.15 | +12.57% |
| 2013 | 2013-05-26 | 1.19 | 0.04 | +3.23% |
| 2012 | 2012-05-27 | 1.16 | 0.08 | +6.96% |
| 2011 | 2011-05-29 | 1.08 | −0.09 | −7.51% |
| 2010 | 2010-05-30 | 1.17 | −0.10 | −7.89% |
| 2009 | 2009-05-31 | 1.27 | — | — |
General Mills quarterly debt-to-equity ratio
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Q4.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-05-31 | 1.89 | 0.23 | +13.78% |
| Q3 2026 | 2026-02-22 | 1.27 | −0.06 | −4.23% |
| Q2 2026 | 2025-11-23 | 1.31 | −0.07 | −5.31% |
| Q1 2026 | 2025-08-24 | 1.29 | −0.15 | −10.34% |
| Q4 2025 | 2025-05-25 | 1.66 | 0.25 | +17.35% |
| Q3 2025 | 2025-02-23 | 1.32 | −0.00 | −0.31% |
| Q2 2025 | 2024-11-24 | 1.38 | 0.03 | +2.33% |
| Q1 2025 | 2024-08-25 | 1.44 | 0.24 | +19.99% |
| Q4 2024 | 2024-05-26 | 1.42 | 0.26 | +22.73% |
| Q3 2024 | 2024-02-25 | 1.33 | 0.19 | +17.13% |
| Q2 2024 | 2023-11-26 | 1.35 | 0.19 | +16.29% |
| Q1 2024 | 2023-08-27 | 1.20 | 0.10 | +9.47% |
| Q4 2023 | 2023-05-28 | 1.15 | 0.02 | +1.64% |
| Q3 2023 | 2023-02-26 | 1.13 | −0.12 | −9.45% |
| Q2 2023 | 2022-11-27 | 1.16 | −0.17 | −12.82% |
| Q1 2023 | 2022-08-28 | 1.09 | −0.24 | −18.19% |
| Q4 2022 | 2022-05-29 | 1.14 | −0.24 | −17.29% |
| Q3 2022 | 2022-02-27 | 1.25 | −0.31 | −19.75% |
| Q2 2022 | 2021-11-28 | 1.33 | −0.30 | −18.54% |
| Q1 2022 | 2021-08-29 | 1.34 | −0.28 | −17.15% |
| Q4 2021 | 2021-05-30 | 1.37 | −0.35 | −20.48% |
| Q3 2021 | 2021-02-28 | 1.56 | −0.30 | −15.93% |
| Q2 2021 | 2020-11-29 | 1.63 | −0.21 | −11.62% |
| Q1 2021 | 2020-08-30 | 1.61 | −0.38 | −19.15% |
| Q4 2020 | 2020-05-31 | 1.73 | −0.33 | −15.91% |
| Q3 2020 | 2020-02-23 | 1.85 | −0.31 | −14.50% |
| Q2 2020 | 2019-11-24 | 1.85 | −0.45 | −19.42% |
| Q1 2020 | 2019-08-25 | 2.00 | −0.51 | −20.46% |
| Q4 2019 | 2019-05-26 | 2.05 | −0.52 | −20.26% |
| Q3 2019 | 2019-02-24 | 2.17 | 0.23 | +11.82% |
| Q2 2019 | 2018-11-25 | 2.29 | −0.01 | −0.25% |
| Q1 2019 | 2018-08-26 | 2.51 | −0.08 | −2.94% |
| Q4 2018 | 2018-05-27 | 2.58 | 0.39 | +17.57% |
| Q3 2018 | 2018-02-25 | 1.94 | −0.45 | −19.00% |
| Q2 2018 | 2017-11-26 | 2.30 | 0.03 | +1.48% |
| Q1 2018 | 2017-08-27 | 2.58 | 0.78 | +42.96% |
| Q4 2017 | 2017-05-28 | 2.19 | 0.48 | +28.11% |
| Q3 2017 | 2017-02-26 | 2.39 | 0.60 | +33.42% |
| Q2 2017 | 2016-11-27 | 2.27 | 0.43 | +23.17% |
| Q1 2017 | 2016-08-28 | 1.81 | −0.10 | −5.17% |
| Q4 2016 | 2016-05-29 | 1.71 | −0.13 | −7.04% |
| Q3 2016 | 2016-02-28 | 1.79 | −0.10 | −5.17% |
| Q2 2016 | 2015-11-29 | 1.84 | −0.02 | −0.97% |
| Q1 2016 | 2015-08-30 | 1.91 | 0.40 | +26.85% |
| Q4 2015 | 2015-05-31 | 1.84 | 0.50 | +36.82% |
| Q3 2015 | 2015-02-22 | 1.89 | 0.48 | +33.61% |
| Q2 2015 | 2014-11-23 | 1.86 | 0.55 | +42.52% |
| Q1 2015 | 2014-08-24 | 1.50 | 0.29 | +24.38% |
| Q4 2014 | 2014-05-25 | 1.34 | 0.15 | +12.57% |
| Q3 2014 | 2014-02-23 | 1.42 | 0.27 | +23.25% |
| Q2 2014 | 2013-11-24 | 1.30 | 0.11 | +9.22% |
| Q1 2014 | 2013-08-25 | 1.21 | −0.08 | −6.49% |
| Q4 2013 | 2013-05-26 | 1.19 | 0.04 | +3.23% |
| Q3 2013 | 2013-02-24 | 1.15 | 0.05 | +4.12% |
| Q2 2013 | 2012-11-25 | 1.19 | 0.00 | +0.24% |
| Q1 2013 | 2012-08-26 | 1.29 | 0.23 | +21.27% |
| Q4 2012 | 2012-05-27 | 1.16 | 0.08 | +6.96% |
| Q3 2012 | 2012-02-26 | 1.10 | 0.11 | +11.22% |
| Q2 2012 | 2011-11-27 | 1.19 | −0.06 | −4.57% |
| Q1 2012 | 2011-08-28 | 1.07 | −0.32 | −23.34% |
| Q4 2011 | 2011-05-29 | 1.08 | −0.09 | −7.51% |
| Q3 2011 | 2011-02-27 | 0.99 | −0.01 | −1.16% |
| Q2 2011 | 2010-11-28 | 1.25 | 0.25 | +24.65% |
| Q1 2011 | 2010-08-29 | 1.39 | 0.15 | +12.39% |
| Q4 2010 | 2010-05-30 | 1.17 | −0.10 | −7.89% |
| Q3 2010 | 2010-02-28 | 1.00 | — | — |
| Q2 2010 | 2009-11-29 | 1.00 | — | — |
| Q1 2010 | 2009-08-30 | 1.24 | — | — |
| Q4 2009 | 2009-05-31 | 1.27 | — | — |
General Mills debt-to-equity ratio trends
Over the last five fiscal years, General Mills's debt-to-equity ratio increased from 1.37 to 1.89, a change of 0.52. The latest reported quarter, Q4 2026, shows 1.89.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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