Gross Profit for General Mills (GIS)
According to General Mills's latest reported financial statements, the company's current gross profit (TTM) is $6.06B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$6.06B
YoY change
-2.9%
5Y CAGR
+1.9%
Peak year (2024)
$6.93B
Cumulative gross profit
$186.18B
Gross Profit history chart for General Mills (GIS) from 1984 to 2025
Gross Profit history table for General Mills (GIS) from 1984 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $6.73B | -2.9% | ||
| 2024 | $6.93B | +5.9% | ||
| 2023 | $6.55B | +2.2% | ||
| 2022 | $6.40B | -0.7% | ||
| 2021 | $6.45B | +5.2% | ||
| 2020 | $6.13B | +6.5% | ||
| 2019 | $5.76B | +5.9% | ||
| 2018 | $5.44B | -2.4% | ||
| 2017 | $5.57B | -4.5% | ||
| 2016 | $5.83B | -2.0% | ||
| 2015 | $5.95B | -6.6% | ||
| 2014 | $6.37B | -0.8% | ||
| 2013 | $6.42B | +6.3% | ||
| 2012 | $6.04B | +1.5% | ||
| 2011 | $5.95B | +2.6% | ||
| 2010 | $5.80B | +10.8% | ||
| 2009 | $5.23B | +7.4% | ||
| 2008 | $4.87B | +8.6% | ||
| 2007 | $4.49B | +7.7% | ||
| 2006 | $4.17B | +4.6% | ||
| 2005 | $3.98B | -11.2% | ||
| 2004 | $4.49B | +2.0% | ||
| 2003 | $4.40B | +33.8% | ||
| 2002 | $3.29B | +26.0% | ||
| 2001 | $2.61B | -2.8% | ||
| 2000 | $2.68B | -30.2% | ||
| 1999 | $3.85B | +4.2% | ||
| 1998 | $3.69B | +12.5% | ||
| 1997 | $3.28B | +3.3% | ||
| 1996 | $3.17B | +5.7% | ||
| 1995 | $3.00B | -26.0% | ||
| 1994 | $4.06B | +5.8% | ||
| 1993 | $3.84B | +5.0% | ||
| 1992 | $3.65B | +6.5% | ||
| 1991 | $3.43B | +15.8% | ||
| 1990 | $2.96B | +18.3% | ||
| 1989 | $2.51B | +7.5% | ||
| 1988 | $2.33B | -1.0% | ||
| 1987 | $2.36B | +16.4% | ||
| 1986 | $2.02B | +11.8% | ||
| 1985 | $1.81B | +7.4% | ||
| 1984 | $1.69B | — |
Gross Profit values are taken from General Mills's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
General Mills (GIS) most recent annual gross profit stands at $6.73B (2025) – edged down 2.9% year-over-year.
Through 2020–2025 (5 years), General Mills gross profit delivered a +1.9% annualised rate; with the latest reading among the more recent periods of the dataset.
General Mills gross profit edged down from $6.93B in 2024 to $6.73B in 2025, a 2.9% drawdown.
$6.93B stands as the all-time-high annual gross profit, posted in 2024, against a low of $1.69B during 1984.
Among 8 Consumer Defensive peers, General Mills (GIS) ranks 8th; the peer median for gross profit is $32.45B.
General Mills Gross Profit by Year
General Mills Gross Profit 2025: $6.73B
General Mills gross profit in 2025 was $6.73B, edged down 2.9% below 2024.
General Mills Gross Profit 2024: $6.93B
General Mills gross profit in 2024 was $6.93B, grew 5.9% from 2023. This figure represents the highest annual value in the available history.
General Mills Gross Profit 2023: $6.55B
General Mills gross profit in 2023 was $6.55B, edged up 2.2% from 2022.
General Mills Gross Profit 2022: $6.40B
General Mills gross profit in 2022 was $6.40B, edged down 0.7% below 2021.
General Mills Gross Profit 2021: $6.45B
General Mills gross profit in 2021 was $6.45B.
See more financial history for General Mills (GIS).
Sector peers — Gross Profit
Companies in the same sector as General Mills, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $177.77B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $50.86B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $43.12B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $35.35B | Consumer Defensive |
| The Coca-Cola Company (KO) | $29.54B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $27.28B | Consumer Defensive |
| Altria Group, Inc. (MO) | $17.44B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $4.63B | Consumer Defensive |
Frequently asked questions
What is General Mills's gross profit?
- Latest reported gross profit for General Mills (GIS) is $6.06B (period ending February 22, 2026).
How has General Mills gross profit changed year-over-year?
- General Mills (GIS) gross profit changed -2.9% year-over-year on the latest annual filing.
What is the long-term growth rate of General Mills gross profit?
- General Mills (GIS) gross profit compound annual growth rate is +1.9% over the most recent 5 years available.
When did General Mills gross profit hit its highest annual value?
- General Mills gross profit reached its highest annual value of $6.93B in 2024.
What was General Mills gross profit in 2024?
- General Mills (GIS) gross profit in 2024 was $6.93B.
What was General Mills gross profit in 2025?
- General Mills (GIS) gross profit in 2025 was $6.73B.
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