General Mills Inc (GIS) — Tangible Net Worth Ratio

Latest as of May 2026: 9.0%

General Mills Inc (GIS) has a Tangible Net Worth Ratio of 9.0% as of May 2026. This metric is calculated by deducting intangible assets ($6.72 Billion) from net assets ($7.38 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore how fast is General Mills Inc growing its equity to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

9.0%
Tangible equity / total equity

Net Assets (Equity)

$7.38 Billion
USD

Intangible Assets

$6.72 Billion
Goodwill, patents, brand value

Total Assets

$30.02 Billion
USD

General Mills Inc Tangible Net Worth Ratio (1984–2026)

This chart shows how General Mills Inc's Tangible Net Worth Ratio has changed across 42 annual periods from 1984 to 2026. As of May 2026, the ratio stands at 9.0%, reflecting net assets of $7.38 Billion with intangible assets of $6.72 Billion USD. For live market cap and overall valuation, see General Mills Inc market cap and net worth.

Annual Tangible Net Worth Ratio for General Mills Inc (1984–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for General Mills Inc from 1984 to 2026, covering 42 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore GIS capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2026 9.0% $7.38 Billion $6.72 Billion $30.02 Billion ▼ -14.1 pp
2025 23.1% $9.21 Billion $7.08 Billion $33.07 Billion ▼ -4.5 pp
2024 27.7% $9.65 Billion $6.98 Billion $31.47 Billion ▼ -7.2 pp
2023 34.9% $10.70 Billion $6.97 Billion $31.45 Billion ▼ -0.2 pp
2022 35.1% $10.79 Billion $7.00 Billion $31.09 Billion ▲ +4.0 pp
2021 31.1% $10.38 Billion $7.15 Billion $31.84 Billion ▲ +10.9 pp
2020 20.2% $8.89 Billion $7.10 Billion $30.81 Billion ▲ +10.7 pp
2019 9.5% $7.92 Billion $7.17 Billion $30.11 Billion ▲ +11.9 pp
2018 -2.4% $7.27 Billion $7.45 Billion $30.62 Billion ▼ -21.5 pp
2017 19.0% $5.60 Billion $4.53 Billion $21.81 Billion ▼ -7.2 pp
2016 26.2% $6.15 Billion $4.54 Billion $21.71 Billion ▲ +2.0 pp
2015 24.2% $6.17 Billion $4.68 Billion $21.83 Billion ▼ -13.0 pp
2014 37.2% $7.99 Billion $5.01 Billion $23.15 Billion ▼ -0.8 pp
2013 38.1% $8.10 Billion $5.02 Billion $22.66 Billion ▼ -1.1 pp
2012 39.1% $7.73 Billion $4.70 Billion $21.10 Billion ▼ -3.2 pp
2011 42.3% $6.61 Billion $3.81 Billion $18.67 Billion ▲ +8.1 pp
2010 34.2% $5.65 Billion $3.71 Billion $17.68 Billion ▲ +3.4 pp
2009 30.8% $5.42 Billion $3.75 Billion $17.87 Billion ▼ -10.7 pp
2008 41.5% $6.46 Billion $3.78 Billion $19.04 Billion ▼ -1.3 pp
2007 42.8% $6.46 Billion $3.69 Billion $18.18 Billion ▼ -5.0 pp
2006 47.8% $6.91 Billion $3.61 Billion $18.07 Billion ▲ +97.8 pp
2005 -50.0% $6.81 Billion $10.22 Billion $18.07 Billion ▲ +36.1 pp
2004 -86.1% $5.55 Billion $10.32 Billion $18.45 Billion ▲ +43.4 pp
2003 -129.5% $4.47 Billion $10.27 Billion $18.23 Billion ▲ +0.1 pp
2002 -129.6% $3.73 Billion $8.56 Billion $16.54 Billion ▲ +1443.4 pp
2001 -1573.1% $52.00 Million $870.00 Million $5.09 Billion ▼ -1233.4 pp
1999 -339.7% $164.20 Million $722.00 Million $4.14 Billion ▼ -108.3 pp
1998 -231.4% $190.20 Million $630.40 Million $3.86 Billion ▼ -199.0 pp
1997 -32.5% $494.60 Million $655.20 Million $3.90 Billion ▼ -96.7 pp
1996 64.3% $307.70 Million $110.00 Million $3.29 Billion ▲ +49.4 pp
1995 14.9% $141.00 Million $120.00 Million $3.36 Billion ▼ -85.1 pp
1994 100.0% $1.15 Billion $0.00 $5.20 Billion ▲ +0.0 pp
1993 100.0% $1.22 Billion $0.00 $4.65 Billion ▲ +0.0 pp
1992 100.0% $1.37 Billion $0.00 $4.30 Billion ▲ +0.0 pp
1991 100.0% $1.11 Billion $0.00 $3.90 Billion ▲ +8.0 pp
1990 92.0% $809.70 Million $64.40 Million $3.29 Billion ▼ -0.1 pp
1989 92.2% $731.90 Million $57.20 Million $2.89 Billion ▲ +3.4 pp
1988 88.8% $648.50 Million $72.90 Million $2.67 Billion ▼ -3.5 pp
1987 92.3% $730.40 Million $56.40 Million $2.28 Billion ▲ +0.1 pp
1986 92.2% $682.50 Million $53.40 Million $2.09 Billion ▼ -7.8 pp
1985 100.0% $1.02 Billion $0.00 $2.66 Billion ▲ +0.0 pp
1984 100.0% $1.22 Billion $0.00 $2.86 Billion
pp = percentage points