General Mills, Inc.

GISNYSEConsumer Defensive● Active

$33.02

$-0.13(-0.38%)

Market Cap$17.6B

P/E Ratio—

52W High$55.19

52W Low$31.85

Avg Volume9.7M

Open$32.49

Beta-0.04

Free Cash Flow Financials Revenue

General Mills, Inc. (GIS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

GIS · free cash flow · updated Jun 8, 2026

Core FCF metrics

GIS · FCF · TTM · margin & CAGR

Free cash flow was $2.29B for FY2025 (fiscal year ending 2025-05-25), down 9.3% year-over-year The FCF margin was 11.8%. Five-year CAGR stands at -6.5%.

FY2025 Free Cash Flow$2.29B▼ -9.3% YoY

Trailing 12M (TTM)$1.65Btrailing 4 quarters sum

FCF Margin11.8%$2.29B ÷ revenue

3-Year CAGR-5.8%FY2022 → FY2025

5-Year CAGR-6.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

GIS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.92B(625M)$2.29B▼ 9.3%11.8%

FY2024$3.30B(774M)$2.53B▲ +21.0%12.7%

FY2023$2.78B(690M)$2.09B▼ 24.0%10.4%

FY2022$3.32B(569M)$2.75B▲ +12.0%14.5%

FY2021$2.98B(531M)$2.45B▼ 23.7%13.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

GIS · P/FCF · FCF yield · FCF per share

General Mills, Inc. (GIS) trades at a FCF yield of 9.33% and a price-to-free-cash-flow ratio of 11.1x. FCF per share stands at $2.98, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

9.33%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.98

TTM FCF ÷ Shares Outstanding

Price / FCF

x11.1

Share Price ÷ FCF per Share

EV / FCF (TTM)

x18.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-05-25

Cash flow statement summary

GIS · cash flow statement · operating / investing / financing

For FY2025, General Mills, Inc. generated $2.92B in operating cash flow and spent 625M in capital expenditures, yielding $2.29B in free cash flow.

Operating Activities

+$2.92B

Cash from core business operations

2025-05-25

Investing Activities

−$1.79B

CapEx, acquisitions & investments

2025-05-25

Financing Activities

−$1.18B

Buybacks, dividends & debt

2025-05-25

FCF FormulaOperating CF ($2.92B) − |CapEx| (625M) = FCF ($2.29B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

GIS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

General Mills, Inc.YOU

GIS

$2.29B-9.3%11.8%

15%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

General Mills, Inc. (GIS) reported free cash flow of $2.29B for FY2025 (fiscal year ending 2025-05-25), down 9.3% year-over-year. The FCF margin was 11.8%.

Based on available data, General Mills, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $3.22B in FY2020. The 5-year CAGR stands at -6.5%.

General Mills, Inc.'s FCF yield is 9.33% and price-to-FCF ratio is 11.1x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

GIS free cash flow · 8 questions

General Mills, Inc. free cash flow was $2.29B for FY2025, down 9.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.65B.

GIS free cash flowGIS FCFGIS FCF 2025GIS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · General Mills, Inc. · General Mills, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026