General Mills Inc (GIS) - Net Assets
Based on the latest financial reports, General Mills Inc (GIS) has net assets worth $7.38 Billion USD as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($30.02 Billion) and total liabilities ($22.64 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 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.38 Billion |
| % of Total Assets | 24.59% |
| Annual Growth Rate | 4.37% |
| 5-Year Change | -31.59% |
| 10-Year Change | 31.88% |
| Growth Volatility | 1092.65 |
General Mills Inc - Net Assets Trend (1984–2026)
This chart illustrates how General Mills Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see General Mills Inc market cap and net worth.
Annual Net Assets for General Mills Inc (1984–2026)
The table below shows the annual net assets of General Mills Inc from 1984 to 2026. Also explore GIS shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-05-31 | $7.38 Billion | -19.87% |
| 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 1392.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $20.51 Billion | 278.42% |
| Common Stock | $75.50 Million | 1.02% |
| Other Comprehensive Income | $-2.52 Billion | -34.23% |
| Total Equity | $7.37 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 |
|---|---|
|
Unity Software Inc
NYSE:U
|
$18.92 Billion |
|
Repsol S.A.
MC:REP
|
$18.96 Billion |
|
Kasikornbank Public Company Limited
BK:KBANK
|
$18.98 Billion |
|
Centrais Electricas Brasileiras SA
NYSE:EBR
|
$18.99 Billion |
|
JCET Group Co Ltd
SHG:600584
|
$18.92 Billion |
|
International Paper
NYSE:IP
|
$18.91 Billion |
|
S.P.E.E.H Hidroelectrica S.A.
RO:H2O
|
$18.90 Billion |
|
Telenor ASA
OL:TEL
|
$18.90 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 2025 to 2026, total equity changed from 9,199,200,000 to 7,368,400,000, a change of -1,830,800,000 (-19.9%).
- Net loss of 87,600,000 reduced equity.
- Dividend payments of 1,315,300,000 reduced retained earnings.
- Share repurchases of 500,300,000 reduced equity.
- Other comprehensive income increased equity by 22,700,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-87.60 Million | -1.19% |
| Dividends Paid | $1.32 Billion | -17.85% |
| Share Repurchases | $500.30 Million | -6.79% |
| Other Comprehensive Income | $22.70 Million | +0.31% |
| Other Changes | $49.70 Million | +0.67% |
| Total Change | $- | -19.90% |
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: 2.63x
- 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 21.70x to 2.63x 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 | $35.45 | x |
| 1985-05-31 | $1.43 | $35.45 | x |
| 1986-05-31 | $0.97 | $35.45 | x |
| 1987-05-31 | $1.04 | $35.45 | x |
| 1988-05-31 | $0.96 | $35.45 | x |
| 1989-05-31 | $1.13 | $35.45 | x |
| 1990-05-31 | $1.24 | $35.45 | x |
| 1991-05-31 | $1.70 | $35.45 | x |
| 1992-05-31 | $2.07 | $35.45 | x |
| 1993-05-31 | $1.87 | $35.45 | x |
| 1994-05-31 | $1.81 | $35.45 | x |
| 1995-05-31 | $0.22 | $35.45 | x |
| 1996-05-31 | $0.47 | $35.45 | x |
| 1997-05-31 | $0.77 | $35.45 | x |
| 1998-05-31 | $0.29 | $35.45 | x |
| 1999-05-31 | $0.26 | $35.45 | x |
| 2000-05-31 | $-0.47 | $35.45 | x |
| 2001-05-31 | $0.09 | $35.45 | x |
| 2002-05-31 | $5.23 | $35.45 | x |
| 2003-05-31 | $5.52 | $35.45 | x |
| 2004-05-31 | $6.35 | $35.45 | x |
| 2005-05-31 | $6.94 | $35.45 | x |
| 2006-05-31 | $7.62 | $35.45 | x |
| 2007-05-31 | $7.38 | $35.45 | x |
| 2008-05-31 | $8.96 | $35.45 | x |
| 2009-05-31 | $7.53 | $35.45 | x |
| 2010-05-31 | $7.91 | $35.45 | x |
| 2011-05-31 | $9.58 | $35.45 | x |
| 2012-05-31 | $9.63 | $35.45 | x |
| 2013-05-31 | $10.02 | $35.45 | x |
| 2014-05-31 | $10.12 | $35.45 | x |
| 2015-05-31 | $8.13 | $35.45 | x |
| 2016-05-31 | $8.07 | $35.45 | x |
| 2017-05-31 | $7.24 | $35.45 | x |
| 2018-05-31 | $10.49 | $35.45 | x |
| 2019-05-31 | $11.65 | $35.45 | x |
| 2020-05-31 | $13.14 | $35.45 | x |
| 2021-05-31 | $15.30 | $35.45 | x |
| 2022-05-31 | $17.21 | $35.45 | x |
| 2023-05-31 | $17.38 | $35.45 | x |
| 2024-05-31 | $16.22 | $35.45 | x |
| 2025-05-31 | $16.50 | $35.45 | x |
| 2026-05-31 | $13.46 | $35.45 | 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): -1.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.48%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 4.07x
- Recent ROE (-1.19%) is below the historical average (77.39%), 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 | 19.02% | 5.66% | 1.44x | 2.33x | $110.50 Million |
| 1985 | -7.14% | -1.70% | 1.61x | 2.60x | $-175.30 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 | 12.81% | 5.76% | 0.48x | 4.63x | $100.40 Million |
| 2003 | 21.96% | 8.73% | 0.58x | 4.37x | $499.50 Million |
| 2004 | 20.10% | 9.53% | 0.60x | 3.52x | $530.20 Million |
| 2005 | 21.85% | 10.97% | 0.63x | 3.18x | $672.40 Million |
| 2006 | 18.89% | 9.31% | 0.65x | 3.13x | $513.10 Million |
| 2007 | 21.51% | 9.19% | 0.68x | 3.42x | $611.99 Million |
| 2008 | 20.83% | 9.48% | 0.72x | 3.06x | $673.12 Million |
| 2009 | 25.22% | 8.88% | 0.82x | 3.46x | $787.17 Million |
| 2010 | 28.33% | 10.46% | 0.83x | 3.27x | $990.21 Million |
| 2011 | 28.25% | 12.09% | 0.80x | 2.93x | $1.16 Billion |
| 2012 | 24.41% | 9.41% | 0.79x | 3.29x | $925.13 Million |
| 2013 | 27.80% | 10.44% | 0.78x | 3.40x | $1.19 Billion |
| 2014 | 27.92% | 10.19% | 0.77x | 3.54x | $1.17 Billion |
| 2015 | 24.44% | 6.93% | 0.81x | 4.37x | $721.63 Million |
| 2016 | 34.43% | 10.25% | 0.76x | 4.40x | $1.20 Billion |
| 2017 | 38.30% | 10.61% | 0.72x | 5.04x | $1.22 Billion |
| 2018 | 34.70% | 13.54% | 0.51x | 4.99x | $1.52 Billion |
| 2019 | 24.85% | 10.39% | 0.56x | 4.27x | $1.05 Billion |
| 2020 | 27.07% | 12.37% | 0.57x | 3.82x | $1.38 Billion |
| 2021 | 24.71% | 12.91% | 0.57x | 3.36x | $1.39 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 |
| 2026 | -1.19% | -0.48% | 0.61x | 4.07x | $-824.44 Million |
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: $1,181,125,084
- Average return on equity (ROE) among peers: -22.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| General Mills Inc (GIS) | $7.38 Billion | 19.02% | 3.07x | $18.92 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $199.86 Million | -2.89% | 0.00x | $4.86 Million |
| Agape ATP Corporation Common Stock (ATPC) | $4.98 Million | -10.43% | 0.03x | $2.29 Million |
| B&G Foods Inc (BGS) | $20.82 Million | 4.08% | 9.18x | $244.45 Million |
| BioHarvest Sciences Inc. Common Stock (BHST) | $-14.85 Million | 0.00% | 0.00x | $34.23 Million |
| BranchOut Food Inc. Common Stock (BOF) | $2.34 Million | -202.92% | 4.49x | $59.84 Million |
| Bellring Brands LLC (BRBR) | $-161.00 Million | 0.00% | 0.00x | $1.05 Billion |
| BRC Inc. (BRCC) | $-1.25 Million | 0.00% | 0.00x | $216.27 Million |
| BRF SA ADR (BRFS) | $11.71 Billion | -9.61% | 2.86x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $48.26 Million | -1.95% | 0.51x | $53.01 Million |
| Borealis Foods Inc. (BRLS) | $-695.89K | 0.00% | 0.00x | $28.12 Million |
About General Mills Inc
General Mills, Inc. manufactures and markets branded consumer food 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 snacks, including grain, fruit and savory snacks, nutrition bars, and frozen hot snacks; ready-to-eat cereal; convenient meals comprising meal kits, … Read more