TTM
19.1%
YoY change
−0.32pp
Trough year (1985)
6.0%
Peak year (2001)
22.1%
Latest annual
17.0%
Operating Margin history chart for General Mills (GIS) from 1984 to 2025
Latest: 17.0%
Operating Margin change chart for General Mills (GIS) from 1984 to 2025
Latest: −0.32pp
Operating Margin history table for General Mills (GIS) from 1984 to 2025
| 2025 | 17.0% | -0.32pp | ||
| 2024 | 17.3% | +0.19pp | ||
| 2023 | 17.1% | -1.21pp | ||
| 2022 | 18.3% | +0.95pp | ||
| 2021 | 17.3% | +0.59pp | ||
| 2020 | 16.8% | +1.84pp | ||
| 2019 | 14.9% | -0.46pp | ||
| 2018 | 15.4% | -0.58pp | ||
| 2017 | 16.0% | -0.39pp | ||
| 2016 | 16.3% | +4.56pp | ||
| 2015 | 11.8% | -4.73pp | ||
| 2014 | 16.5% | +0.47pp | ||
| 2013 | 16.0% | +0.66pp | ||
| 2012 | 15.4% | -3.26pp | ||
| 2011 | 18.6% | +0.84pp | ||
| 2010 | 17.8% | +1.98pp | ||
| 2009 | 15.8% | -0.49pp | ||
| 2008 | 16.3% | -0.22pp | ||
| 2007 | 16.5% | -0.19pp | ||
| 2006 | 16.7% | -0.07pp | ||
| 2005 | 16.8% | -1.42pp | ||
| 2004 | 18.2% | +0.49pp | ||
| 2003 | 17.7% | +4.11pp | ||
| 2002 | 13.6% | -8.47pp | ||
| 2001 | 22.1% | +0.85pp | ||
| 2000 | 21.2% | +4.95pp | ||
| 1999 | 16.3% | +0.54pp | ||
| 1998 | 15.8% | +0.44pp | ||
| 1997 | 15.3% | -0.57pp | ||
| 1996 | 15.9% | +2.17pp | ||
| 1995 | 13.7% | +1.97pp | ||
| 1994 | 11.7% | +0.45pp | ||
| 1993 | 11.3% | -0.33pp | ||
| 1992 | 11.6% | +0.05pp | ||
| 1991 | 11.6% | +1.55pp | ||
| 1990 | 10.0% | +0.31pp | ||
| 1989 | 9.7% | +0.42pp | ||
| 1988 | 9.3% | +0.28pp | ||
| 1987 | 9.0% | +1.07pp | ||
| 1986 | 7.9% | +1.96pp | ||
| 1985 | 6.0% | -3.16pp | ||
| 1984 | 9.1% | — |
- 202517.0%-0.32pp
- 202417.3%+0.19pp
- 202317.1%-1.21pp
- 202218.3%+0.95pp
- 202117.3%+0.59pp
- 202016.8%+1.84pp
- 201914.9%-0.46pp
- 201815.4%-0.58pp
- 201716.0%-0.39pp
- 201616.3%+4.56pp
- 201511.8%-4.73pp
- 201416.5%+0.47pp
- 201316.0%+0.66pp
- 201215.4%-3.26pp
- 201118.6%+0.84pp
- 201017.8%+1.98pp
- 200915.8%-0.49pp
- 200816.3%-0.22pp
- 200716.5%-0.19pp
- 200616.7%-0.07pp
- 200516.8%-1.42pp
- 200418.2%+0.49pp
- 200317.7%+4.11pp
- 200213.6%-8.47pp
- 200122.1%+0.85pp
- 200021.2%+4.95pp
- 199916.3%+0.54pp
- 199815.8%+0.44pp
- 199715.3%-0.57pp
- 199615.9%+2.17pp
- 199513.7%+1.97pp
- 199411.7%+0.45pp
- 199311.3%-0.33pp
- 199211.6%+0.05pp
- 199111.6%+1.55pp
- 199010.0%+0.31pp
- 19899.7%+0.42pp
- 19889.3%+0.28pp
- 19879.0%+1.07pp
- 19867.9%+1.96pp
- 19856.0%-3.16pp
- 19849.1%—
Operating Margin 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 Margin at General Mills (GIS)
According to General Mills's latest reported financial statements, the company's latest reported operating margin is 19.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for General Mills (GIS) came in at 16.96% – contracted 0.3 percentage points year-over-year.
Across the available history, operating margin reached its high of 22.09% in 2001 and its low of 5.97% in 1985.
General Mills Operating Margin by Year
General Mills Operating Margin 2025: 17.0%
General Mills posted operating margin of 16.96% in 2025, contracted 0.3 percentage points from 2024.
General Mills Operating Margin 2024: 17.3%
In 2024, General Mills reported operating margin of 17.28%, expanded 0.2 percentage points from 2023.
General Mills Operating Margin 2023: 17.1%
General Mills operating margin in 2023 was 17.09%, contracted 1.2 percentage points from 2022.
General Mills Operating Margin 2022: 18.3%
2022's operating margin for General Mills came in at 18.30%, expanded 1.0 percentage points from 2021.
General Mills Operating Margin 2021: 17.3%
General Mills operating margin in 2021 was 17.35%.
See more financial history for General Mills (GIS).
Sector peers by Operating Margin
Consumer Defensive peers of General Mills (GIS), ranked by their latest operating margin
| 50.7% | |
| 36.8% | |
| 29.3% | |
| 29.3% | |
| 23.2% | |
| 14.8% | |
| 4.2% | |
| 3.8% |
- 50.7%
- 29.3%
- 14.8%
- 4.2%
- 3.8%
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