General Mills Inc (GIS) - Net Assets
Based on the latest financial reports, General Mills Inc (GIS) has net assets worth $9.36 Billion USD as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.40 Billion) and total liabilities ($23.05 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check GIS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.36 Billion |
| % of Total Assets | 28.88% |
| Annual Growth Rate | 5.05% |
| 5-Year Change | -11.24% |
| 10-Year Change | 49.71% |
| Growth Volatility | 1105.81 |
General Mills Inc - Net Assets Trend (1984–2025)
This chart illustrates how General Mills Inc's net assets have evolved over time, based on quarterly financial data. Also explore GIS current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for General Mills Inc (1984–2025)
The table below shows the annual net assets of General Mills Inc from 1984 to 2025. For live valuation and market cap data, see market cap of General Mills Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | $9.21 Billion | -4.53% |
| 2024-05-31 | $9.65 Billion | -9.83% |
| 2023-05-31 | $10.70 Billion | -0.82% |
| 2022-05-31 | $10.79 Billion | +3.95% |
| 2021-05-31 | $10.38 Billion | +16.69% |
| 2020-05-31 | $8.89 Billion | +12.31% |
| 2019-05-31 | $7.92 Billion | +8.95% |
| 2018-05-31 | $7.27 Billion | +29.88% |
| 2017-05-31 | $5.60 Billion | -9.04% |
| 2016-05-31 | $6.15 Billion | -0.31% |
| 2015-05-31 | $6.17 Billion | -22.75% |
| 2014-05-31 | $7.99 Billion | -1.32% |
| 2013-05-31 | $8.10 Billion | +4.73% |
| 2012-05-31 | $7.73 Billion | +16.91% |
| 2011-05-31 | $6.61 Billion | +17.07% |
| 2010-05-31 | $5.65 Billion | +4.27% |
| 2009-05-31 | $5.42 Billion | -16.13% |
| 2008-05-31 | $6.46 Billion | +0.00% |
| 2007-05-31 | $6.46 Billion | -6.52% |
| 2006-05-31 | $6.91 Billion | +1.45% |
| 2005-05-31 | $6.81 Billion | +22.75% |
| 2004-05-31 | $5.55 Billion | +23.96% |
| 2003-05-31 | $4.47 Billion | +20.01% |
| 2002-05-31 | $3.73 Billion | +7071.15% |
| 2001-05-31 | $52.00 Million | +117.99% |
| 2000-05-31 | $-289.00 Million | -276.00% |
| 1999-05-31 | $164.20 Million | -13.67% |
| 1998-05-31 | $190.20 Million | -61.54% |
| 1997-05-31 | $494.60 Million | +60.74% |
| 1996-05-31 | $307.70 Million | +118.23% |
| 1995-05-31 | $141.00 Million | -87.75% |
| 1994-05-31 | $1.15 Billion | -5.52% |
| 1993-05-31 | $1.22 Billion | -11.12% |
| 1992-05-31 | $1.37 Billion | +23.12% |
| 1991-05-31 | $1.11 Billion | +37.52% |
| 1990-05-31 | $809.70 Million | +10.63% |
| 1989-05-31 | $731.90 Million | +12.86% |
| 1988-05-31 | $648.50 Million | -11.21% |
| 1987-05-31 | $730.40 Million | +7.02% |
| 1986-05-31 | $682.50 Million | -33.35% |
| 1985-05-31 | $1.02 Billion | -16.34% |
| 1984-05-31 | $1.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to General Mills Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1494.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $21.92 Billion | 238.26% |
| Common Stock | $75.50 Million | 0.82% |
| Other Comprehensive Income | $-2.54 Billion | -27.67% |
| Total Equity | $9.20 Billion | 100.00% |
General Mills Inc Competitors by Market Cap
The table below lists competitors of General Mills Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ideaForge Technology Limited
NSE:IDEAFORGE
|
$18.41 Billion |
|
Taishin Financial Holding Co Ltd
TW:2887
|
$18.41 Billion |
|
Zhongjin Gold Corp Ltd
SHG:600489
|
$18.41 Billion |
|
DSM-Firmenich AG
AS:DSFIR
|
$18.41 Billion |
|
Banco De Chile
NYSE:BCH
|
$18.36 Billion |
|
GF Securities Co Ltd
SHE:000776
|
$18.34 Billion |
|
Illumina Inc
NASDAQ:ILMN
|
$18.34 Billion |
|
TECHTRONIC INDS ADR/5
F:TIB
|
$18.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in General Mills Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,396,700,000 to 9,199,200,000, a change of -197,500,000 (-2.1%).
- Net income of 2,295,200,000 contributed positively to equity growth.
- Dividend payments of 1,338,700,000 reduced retained earnings.
- Share repurchases of 1,202,900,000 reduced equity.
- Other comprehensive income decreased equity by 25,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.30 Billion | +24.95% |
| Dividends Paid | $1.34 Billion | -14.55% |
| Share Repurchases | $1.20 Billion | -13.08% |
| Other Comprehensive Income | $-25.30 Million | -0.28% |
| Other Changes | $74.20 Million | +0.81% |
| Total Change | $- | -2.10% |
Book Value vs Market Value Analysis
This analysis compares General Mills Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.09x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 21.10x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1984-05-31 | $1.63 | $34.43 | x |
| 1985-05-31 | $1.43 | $34.43 | x |
| 1986-05-31 | $0.97 | $34.43 | x |
| 1987-05-31 | $1.04 | $34.43 | x |
| 1988-05-31 | $0.96 | $34.43 | x |
| 1989-05-31 | $1.13 | $34.43 | x |
| 1990-05-31 | $1.24 | $34.43 | x |
| 1991-05-31 | $1.70 | $34.43 | x |
| 1992-05-31 | $2.07 | $34.43 | x |
| 1993-05-31 | $1.87 | $34.43 | x |
| 1994-05-31 | $1.81 | $34.43 | x |
| 1995-05-31 | $0.22 | $34.43 | x |
| 1996-05-31 | $0.47 | $34.43 | x |
| 1997-05-31 | $0.77 | $34.43 | x |
| 1998-05-31 | $0.29 | $34.43 | x |
| 1999-05-31 | $0.26 | $34.43 | x |
| 2000-05-31 | $-0.47 | $34.43 | x |
| 2001-05-31 | $0.09 | $34.43 | x |
| 2002-05-31 | $5.45 | $34.43 | x |
| 2003-05-31 | $5.92 | $34.43 | x |
| 2004-05-31 | $6.72 | $34.43 | x |
| 2005-05-31 | $8.32 | $34.43 | x |
| 2006-05-31 | $9.12 | $34.43 | x |
| 2007-05-31 | $8.96 | $34.43 | x |
| 2008-05-31 | $9.31 | $34.43 | x |
| 2009-05-31 | $7.88 | $34.43 | x |
| 2010-05-31 | $8.27 | $34.43 | x |
| 2011-05-31 | $9.95 | $34.43 | x |
| 2012-05-31 | $11.60 | $34.43 | x |
| 2013-05-31 | $12.16 | $34.43 | x |
| 2014-05-31 | $12.37 | $34.43 | x |
| 2015-05-31 | $10.04 | $34.43 | x |
| 2016-05-31 | $10.07 | $34.43 | x |
| 2017-05-31 | $9.36 | $34.43 | x |
| 2018-05-31 | $12.41 | $34.43 | x |
| 2019-05-31 | $13.08 | $34.43 | x |
| 2020-05-31 | $14.50 | $34.43 | x |
| 2021-05-31 | $16.76 | $34.43 | x |
| 2022-05-31 | $17.21 | $34.43 | x |
| 2023-05-31 | $17.38 | $34.43 | x |
| 2024-05-31 | $16.22 | $34.43 | x |
| 2025-05-31 | $16.50 | $34.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently General Mills Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.78%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.59x
- Recent ROE (24.95%) is below the historical average (77.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1984 | 19.04% | 5.66% | 1.44x | 2.33x | $110.60 Million |
| 1985 | -7.13% | -1.70% | 1.61x | 2.60x | $-175.40 Million |
| 1986 | 26.89% | 4.00% | 2.20x | 3.06x | $115.25 Million |
| 1987 | 30.39% | 4.28% | 2.28x | 3.12x | $148.96 Million |
| 1988 | 43.65% | 5.47% | 1.94x | 4.12x | $218.25 Million |
| 1989 | 66.17% | 8.62% | 1.95x | 3.95x | $411.11 Million |
| 1990 | 47.10% | 5.91% | 1.96x | 4.06x | $300.43 Million |
| 1991 | 42.45% | 6.61% | 1.83x | 3.50x | $361.35 Million |
| 1992 | 36.15% | 6.37% | 1.81x | 3.14x | $358.51 Million |
| 1993 | 41.53% | 6.22% | 1.75x | 3.82x | $384.25 Million |
| 1994 | 40.82% | 5.52% | 1.64x | 4.52x | $354.78 Million |
| 1995 | 260.57% | 7.31% | 1.50x | 23.82x | $353.30 Million |
| 1996 | 154.83% | 8.80% | 1.64x | 10.71x | $445.63 Million |
| 1997 | 90.05% | 7.94% | 1.44x | 7.89x | $395.94 Million |
| 1998 | 221.77% | 6.99% | 1.56x | 20.30x | $402.78 Million |
| 1999 | 325.52% | 8.56% | 1.51x | 25.22x | $518.08 Million |
| 2000 | 0.00% | 11.87% | 1.13x | 0.00x | $642.90 Million |
| 2001 | 1278.85% | 12.20% | 1.07x | 97.90x | $659.80 Million |
| 2002 | 12.28% | 5.76% | 0.48x | 4.44x | $85.10 Million |
| 2003 | 20.49% | 8.73% | 0.58x | 4.07x | $469.50 Million |
| 2004 | 19.02% | 9.53% | 0.60x | 3.33x | $500.30 Million |
| 2005 | 18.21% | 10.97% | 0.63x | 2.65x | $559.10 Million |
| 2006 | 15.78% | 9.31% | 0.65x | 2.62x | $399.50 Million |
| 2007 | 17.71% | 9.19% | 0.68x | 2.82x | $498.11 Million |
| 2008 | 20.05% | 9.48% | 0.72x | 2.95x | $648.89 Million |
| 2009 | 24.08% | 8.88% | 0.82x | 3.30x | $762.75 Million |
| 2010 | 27.10% | 10.46% | 0.83x | 3.13x | $965.70 Million |
| 2011 | 27.20% | 12.09% | 0.80x | 2.82x | $1.14 Billion |
| 2012 | 20.27% | 9.41% | 0.79x | 2.73x | $794.25 Million |
| 2013 | 22.92% | 10.44% | 0.78x | 2.80x | $1.05 Billion |
| 2014 | 22.83% | 10.19% | 0.77x | 2.90x | $1.03 Billion |
| 2015 | 19.79% | 6.93% | 0.81x | 3.54x | $604.14 Million |
| 2016 | 27.59% | 10.25% | 0.76x | 3.53x | $1.08 Billion |
| 2017 | 29.62% | 10.61% | 0.72x | 3.90x | $1.10 Billion |
| 2018 | 29.32% | 13.54% | 0.51x | 4.21x | $1.40 Billion |
| 2019 | 22.13% | 10.39% | 0.56x | 3.80x | $960.76 Million |
| 2020 | 24.52% | 12.37% | 0.57x | 3.46x | $1.29 Billion |
| 2021 | 22.55% | 12.91% | 0.57x | 3.07x | $1.30 Billion |
| 2022 | 25.68% | 14.25% | 0.61x | 2.95x | $1.65 Billion |
| 2023 | 24.82% | 12.91% | 0.64x | 3.01x | $1.55 Billion |
| 2024 | 26.57% | 12.57% | 0.63x | 3.35x | $1.56 Billion |
| 2025 | 24.95% | 11.78% | 0.59x | 3.59x | $1.38 Billion |
Industry Comparison
This section compares General Mills Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $736,177,540
- Average return on equity (ROE) among peers: -27.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| General Mills Inc (GIS) | $9.36 Billion | 19.04% | 2.46x | $18.37 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $36.44 Million |
| Agape ATP Corporation Common Stock (ATPC) | $4.98 Million | -10.43% | 0.03x | $2.64 Million |
| B&G Foods Inc (BGS) | $225.61 Million | 7.73% | 2.62x | $431.00 Million |
| BranchOut Food Inc. Common Stock (BOF) | $2.34 Million | -202.92% | 4.49x | $52.93 Million |
| Bellring Brands LLC (BRBR) | $-376.20 Million | 0.00% | 0.00x | $1.82 Billion |
| BRC Inc. (BRCC) | $-102.88 Million | 0.00% | 0.00x | $124.97 Million |
| BRF SA ADR (BRFS) | $7.53 Billion | -59.30% | 4.63x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $49.97 Million | -0.58% | 0.35x | $68.08 Million |
| Borealis Foods Inc. (BRLS) | $14.56 Million | -20.21% | 0.51x | $32.41 Million |
| Better Choice Company Inc (BTTR) | $57.88 Million | 5.85% | 0.29x | $5.13 Million |
About General Mills Inc
General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. The company operates through four segments: North America Retail; International; North America Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, f… Read more