TTM
$3.50B
YoY change
-3.7%
5Y CAGR
+2.3%
Peak year (2022)
$3.48B
Cumulative operating income
$77.60B
Operating Income history chart for General Mills (GIS) from 1984 to 2025
Latest: $3.30B
Operating Income growth chart for General Mills (GIS) from 1984 to 2025
Latest: -3.7%
Operating Income history table for General Mills (GIS) from 1984 to 2025
| 2025 | $3.30B | -3.7% | −$126.90M | ||
| 2024 | $3.43B | -0.1% | −$2.10M | ||
| 2023 | $3.43B | -1.2% | −$42.00M | ||
| 2022 | $3.48B | +10.5% | +$331.00M | ||
| 2021 | $3.14B | +6.5% | +$190.90M | ||
| 2020 | $2.95B | +17.4% | +$438.00M | ||
| 2019 | $2.52B | +4.0% | +$96.00M | ||
| 2018 | $2.42B | -2.9% | −$72.20M | ||
| 2017 | $2.49B | -8.0% | −$215.30M | ||
| 2016 | $2.71B | +30.3% | +$630.10M | ||
| 2015 | $2.08B | -29.8% | −$880.10M | ||
| 2014 | $2.96B | +3.7% | +$105.60M | ||
| 2013 | $2.85B | +11.3% | +$289.40M | ||
| 2012 | $2.56B | -7.6% | −$212.10M | ||
| 2011 | $2.77B | +6.5% | +$168.40M | ||
| 2010 | $2.61B | +12.1% | +$281.10M | ||
| 2009 | $2.33B | +4.4% | +$97.20M | ||
| 2008 | $2.23B | +8.3% | +$170.00M | ||
| 2007 | $2.06B | +5.0% | +$98.80M | ||
| 2006 | $1.96B | +3.1% | +$59.00M | ||
| 2005 | $1.90B | -5.8% | −$117.00M | ||
| 2004 | $2.02B | +8.3% | +$154.00M | ||
| 2003 | $1.86B | +72.0% | +$780.00M | ||
| 2002 | $1.08B | -10.0% | −$121.00M | ||
| 2001 | $1.20B | +9.6% | +$105.00M | ||
| 2000 | $1.10B | +8.0% | +$81.30M | ||
| 1999 | $1.02B | +7.1% | +$67.50M | ||
| 1998 | $950.20M | +10.6% | +$91.30M | ||
| 1997 | $858.90M | -0.1% | −$1.10M | ||
| 1996 | $860.00M | +24.8% | +$171.00M | ||
| 1995 | $689.00M | -31.1% | −$310.40M | ||
| 1994 | $999.40M | +8.9% | +$81.80M | ||
| 1993 | $917.60M | +1.7% | +$14.90M | ||
| 1992 | $902.70M | +9.2% | +$76.00M | ||
| 1991 | $826.70M | +28.2% | +$181.60M | ||
| 1990 | $645.10M | +18.4% | +$100.10M | ||
| 1989 | $545.00M | +13.4% | +$64.50M | ||
| 1988 | $480.50M | +2.8% | +$13.30M | ||
| 1987 | $467.20M | +28.4% | +$103.30M | ||
| 1986 | $363.90M | +42.1% | +$107.90M | ||
| 1985 | $256.00M | -31.9% | −$120.00M | ||
| 1984 | $376.00M | — | — |
- 2025$3.30B-3.7%
- 2024$3.43B-0.1%
- 2023$3.43B-1.2%
- 2022$3.48B+10.5%
- 2021$3.14B+6.5%
- 2020$2.95B+17.4%
- 2019$2.52B+4.0%
- 2018$2.42B-2.9%
- 2017$2.49B-8.0%
- 2016$2.71B+30.3%
- 2015$2.08B-29.8%
- 2014$2.96B+3.7%
- 2013$2.85B+11.3%
- 2012$2.56B-7.6%
- 2011$2.77B+6.5%
- 2010$2.61B+12.1%
- 2009$2.33B+4.4%
- 2008$2.23B+8.3%
- 2007$2.06B+5.0%
- 2006$1.96B+3.1%
- 2005$1.90B-5.8%
- 2004$2.02B+8.3%
- 2003$1.86B+72.0%
- 2002$1.08B-10.0%
- 2001$1.20B+9.6%
- 2000$1.10B+8.0%
- 1999$1.02B+7.1%
- 1998$950.20M+10.6%
- 1997$858.90M-0.1%
- 1996$860.00M+24.8%
- 1995$689.00M-31.1%
- 1994$999.40M+8.9%
- 1993$917.60M+1.7%
- 1992$902.70M+9.2%
- 1991$826.70M+28.2%
- 1990$645.10M+18.4%
- 1989$545.00M+13.4%
- 1988$480.50M+2.8%
- 1987$467.20M+28.4%
- 1986$363.90M+42.1%
- 1985$256.00M-31.9%
- 1984$376.00M—
Operating Income values are taken from General Mills's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at General Mills (GIS)
According to General Mills's latest reported financial statements, the company's current operating income (TTM) is $3.50B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual operating income for General Mills (GIS) came in at $3.30B – edged down 3.7% year-over-year.
Through 2020–2025 (5 years), General Mills operating income delivered a +2.3% annualised rate; with mixed annual results across the window.
Between 2022 and 2025, General Mills operating income edged down 4.9%, falling from $3.48B to $3.30B.
The highest annual operating income of $3.48B was reported in 2022. The lowest in the available history was $256.00M in 1985.
General Mills Operating Income by Year
General Mills Operating Income 2025: $3.30B
In 2025, General Mills reported operating income of $3.30B, edged down 3.7% below 2024.
General Mills Operating Income 2024: $3.43B
General Mills operating income in 2024 was $3.43B, edged down 0.1% below 2023.
General Mills Operating Income 2023: $3.43B
2023's operating income for General Mills came in at $3.43B, edged down 1.2% below 2022.
General Mills Operating Income 2022: $3.48B
General Mills posted operating income of $3.48B in 2022, grew 10.5% from 2021. This figure represents the highest annual value in the available history.
General Mills Operating Income 2021: $3.14B
General Mills operating income in 2021 was $3.14B.
See more financial history for General Mills (GIS).
Sector peers by Operating Income
Consumer Defensive peers of General Mills (GIS), ranked by their latest operating income
| $29.82B | |
| $20.45B | |
| $15.06B | |
| $14.93B | |
| $13.76B | |
| $13.49B | |
| $10.38B | |
| $2.42B |
- $29.82B
- $20.45B
- $15.06B
- $13.76B
- $13.49B
- $10.38B
- $2.42B
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