General Mills annual operating margin
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General Mills Operating Margin Growth & History (GIS)
General Mills's operating margin was 4.81% for fiscal 2026.
View full General Mills company overviewGeneral Mills annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-05-31 | 4.81% | −12.15 pp |
| 2025 | 2025-05-25 | 16.96% | −0.32 pp |
| 2024 | 2024-05-26 | 17.28% | +0.19 pp |
| 2023 | 2023-05-28 | 17.09% | −1.21 pp |
| 2022 | 2022-05-29 | 18.30% | +0.95 pp |
| 2021 | 2021-05-30 | 17.35% | +0.59 pp |
| 2020 | 2020-05-31 | 16.76% | +1.84 pp |
| 2019 | 2019-05-26 | 14.92% | −0.46 pp |
| 2018 | 2018-05-27 | 15.37% | −0.58 pp |
| 2017 | 2017-05-28 | 15.95% | −0.39 pp |
| 2016 | 2016-05-29 | 16.35% | +4.56 pp |
| 2015 | 2015-05-31 | 11.78% | −4.73 pp |
| 2014 | 2014-05-25 | 16.51% | +0.47 pp |
| 2013 | 2013-05-26 | 16.04% | +0.66 pp |
| 2012 | 2012-05-27 | 15.38% | −3.26 pp |
| 2011 | 2011-05-29 | 18.65% | +0.84 pp |
| 2010 | 2010-05-30 | 17.81% | +1.83 pp |
| 2009 | 2009-05-31 | 15.97% | −0.36 pp |
| 2008 | 2008-05-25 | 16.33% | — |
General Mills quarterly operating margin
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Q4.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-05-31 | −45.40% | −56.46 pp |
| Q3 2026 | 2026-02-22 | 11.82% | −6.58 pp |
| Q2 2026 | 2025-11-23 | 14.98% | −5.59 pp |
| Q1 2026 | 2025-08-24 | 38.20% | +21.05 pp |
| Q4 2025 | 2025-05-25 | 11.06% | −5.47 pp |
| Q3 2025 | 2025-02-23 | 18.41% | +0.55 pp |
| Q2 2025 | 2024-11-24 | 20.57% | +4.77 pp |
| Q1 2025 | 2024-08-25 | 17.15% | −1.81 pp |
| Q4 2024 | 2024-05-26 | 16.53% | +0.26 pp |
| Q3 2024 | 2024-02-25 | 17.86% | +3.61 pp |
| Q2 2024 | 2023-11-26 | 15.80% | +0.48 pp |
| Q1 2024 | 2023-08-27 | 18.96% | −4.05 pp |
| Q4 2023 | 2023-05-28 | 16.27% | −4.51 pp |
| Q3 2023 | 2023-02-26 | 14.25% | −3.72 pp |
| Q2 2023 | 2022-11-27 | 15.32% | −0.61 pp |
| Q1 2023 | 2022-08-28 | 23.01% | +4.41 pp |
| Q4 2022 | 2022-05-29 | 20.77% | +8.66 pp |
| Q3 2022 | 2022-02-27 | 17.97% | −0.32 pp |
| Q2 2022 | 2021-11-28 | 15.93% | −3.50 pp |
| Q1 2022 | 2021-08-29 | 18.60% | −0.97 pp |
| Q4 2021 | 2021-05-30 | 12.11% | −4.40 pp |
| Q3 2021 | 2021-02-28 | 18.29% | +2.72 pp |
| Q2 2021 | 2020-11-29 | 19.42% | +1.07 pp |
| Q1 2021 | 2020-08-30 | 19.56% | +3.01 pp |
| Q4 2020 | 2020-05-31 | 16.51% | −0.69 pp |
| Q3 2020 | 2020-02-23 | 15.57% | +0.05 pp |
| Q2 2020 | 2019-11-24 | 18.35% | +5.95 pp |
| Q1 2020 | 2019-08-25 | 16.55% | +1.86 pp |
| Q4 2019 | 2019-05-26 | 17.21% | +3.43 pp |
| Q3 2019 | 2019-02-24 | 15.51% | +0.84 pp |
| Q2 2019 | 2018-11-25 | 12.40% | −4.49 pp |
| Q1 2019 | 2018-08-26 | 14.69% | −1.37 pp |
| Q4 2018 | 2018-05-27 | 13.78% | −0.27 pp |
| Q3 2018 | 2018-02-25 | 14.67% | +0.37 pp |
| Q2 2018 | 2017-11-26 | 16.89% | −1.81 pp |
| Q1 2018 | 2017-08-27 | 16.06% | −0.47 pp |
| Q4 2017 | 2017-05-28 | 14.05% | +0.51 pp |
| Q3 2017 | 2017-02-26 | 14.30% | −0.35 pp |
| Q2 2017 | 2016-11-27 | 18.70% | −1.77 pp |
| Q1 2017 | 2016-08-28 | 16.53% | +0.29 pp |
| Q4 2016 | 2016-05-29 | 13.55% | +3.69 pp |
| Q3 2016 | 2016-02-28 | 14.65% | +2.30 pp |
| Q2 2016 | 2015-11-29 | 20.47% | +8.61 pp |
| Q1 2016 | 2015-08-30 | 16.24% | +3.18 pp |
| Q4 2015 | 2015-05-31 | 9.85% | −6.06 pp |
| Q3 2015 | 2015-02-22 | 12.35% | −2.97 pp |
| Q2 2015 | 2014-11-23 | 11.86% | −5.98 pp |
| Q1 2015 | 2014-08-24 | 13.06% | −3.74 pp |
| Q4 2014 | 2014-05-25 | 15.92% | +2.30 pp |
| Q3 2014 | 2014-02-23 | 15.32% | +0.83 pp |
| Q2 2014 | 2013-11-24 | 17.85% | +0.86 pp |
| Q1 2014 | 2013-08-25 | 16.80% | −2.45 pp |
| Q4 2013 | 2013-05-26 | 13.62% | +0.39 pp |
| Q3 2013 | 2013-02-24 | 14.49% | −1.74 pp |
| Q2 2013 | 2012-11-25 | 16.98% | +1.48 pp |
| Q1 2013 | 2012-08-26 | 19.26% | +2.65 pp |
| Q4 2012 | 2012-05-27 | 13.23% | −1.53 pp |
| Q3 2012 | 2012-02-26 | 16.23% | −1.73 pp |
| Q2 2012 | 2011-11-27 | 15.50% | −4.73 pp |
| Q1 2012 | 2011-08-28 | 16.61% | −4.92 pp |
| Q4 2011 | 2011-05-29 | 14.76% | +1.36 pp |
| Q3 2011 | 2011-02-27 | 17.96% | +2.31 pp |
| Q2 2011 | 2010-11-28 | 20.24% | −1.54 pp |
| Q1 2011 | 2010-08-29 | 21.52% | +1.62 pp |
| Q4 2010 | 2010-05-30 | 13.40% | −4.60 pp |
| Q3 2010 | 2010-02-28 | 15.65% | −1.48 pp |
| Q2 2010 | 2009-11-29 | 21.78% | +6.41 pp |
| Q1 2010 | 2009-08-30 | 19.90% | +6.43 pp |
| Q4 2009 | 2009-05-31 | 18.00% | — |
| Q3 2009 | 2009-02-22 | 17.12% | — |
| Q2 2009 | 2008-11-23 | 15.37% | — |
| Q1 2009 | 2008-08-24 | 13.47% | — |
General Mills operating margin trends
Over the last five fiscal years, General Mills's operating margin decreased from 17.35% to 4.81%, a change of −12.54 percentage points. The latest reported quarter, Q4 2026, shows −45.40%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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