General Mills, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for General Mills, Inc. (GIS), the latest P/E of -20.1 frames valuation, while ROE -10.69% and ROIC -0.84% indicates profitability and capital efficiency. Together with the current ratio of 0.70 and debt-to-equity 1.83, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

GIS Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$34.05$35.14$34.50$33.78$31.26$29.52$28.99$28.09$27.29$26.61
Net Income per Share$-1.67$4.12$4.34$4.36$4.46$3.81$3.59$2.92$3.69$2.82
Operating Cash Flow per Share$3.85$5.26$5.74$4.67$5.46$4.86$6.05$4.68$4.93$3.94
Free Cash Flow per Share$2.88$4.14$4.39$3.51$4.52$3.99$5.29$3.78$3.85$2.95
Cash per Share$0.81$0.66$0.73$1.18$1.35$3.04$2.76$0.75$0.69$1.30
Book Value per Share$13.89$16.61$16.77$17.99$17.76$16.90$14.63$13.19$12.60$9.53
Tangible Book Value per Share$-24.86$-24.33$-20.99$-18.12$-17.43$-17.64$-19.94$-22.06$-24.69$-13.08
Interest Debt per Share$26.35$28.58$24.01$20.95$20.33$21.86$23.65$25.00$28.12$16.66
CAPEX per Share$0.97$1.13$1.35$1.16$0.94$0.86$0.76$0.90$1.08$1.17

GIS Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)-20.0813.1715.8519.315.6716.4517.7116.9411.4520.1
Price to Book (P/B)2.393.274.214.794.034.064.794.213.977.7
Price to Sales (P/S)0.971.541.992.492.232.122.191.761.552.13
Enterprise Value to EBITDA9.2511.4812.8615.0712.9312.8613.8713.5412.6813.23
EV to Sales1.692.312.643.062.832.762.892.592.532.69
EV to Operating Cash Flow14.9515.4315.8922.1516.2416.7513.8415.5814.0118.17
EV to Free Cash Flow19.9819.6320.7529.4619.620.3815.8219.2717.9524.28
Enterprise Value$30.90B$45.02B$52.46B$61.54B$53.84B$49.98B$50.88B$43.72B$39.81B$42.03B

GIS Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)-10.69%24.84%26.57%24.82%25.68%24.71%27.07%24.85%34.70%38.30%
Return on Invested Capital (ROIC)-0.84%9.61%10.61%10.80%11.15%9.35%9.32%8.06%8.92%9.82%
Return on Tangible Assets-9.47%22.04%25.63%26.01%27.88%22.01%22.29%19.59%23.38%19.42%
Earnings Yield-5.03%7.59%6.31%5.18%6.38%6.08%5.65%5.90%8.74%4.98%
Free Cash Flow Yield8.73%7.62%6.39%4.17%6.47%6.37%8.32%7.65%9.09%5.20%
Dividend Yield7.36%4.45%3.45%2.57%2.93%3.24%3.09%3.98%4.67%3.41%

GIS Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio0.70.670.650.690.630.70.680.590.560.76
Interest Coverage-0.386.016.828.739.237.526.414.866.078.27
Income Quality-2.321.261.311.061.211.271.661.571.311.36
Debt to Equity1.831.661.421.151.141.371.732.052.582.19
Debt to Assets44.97%46.25%42.31%38.36%38.52%40.85%45.18%48.12%51.65%43.47%
Net Debt to EBITDA3.953.813.162.812.742.963.344.354.912.74

GIS Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover10.3110.0610.249.989.699.999.958.558.299.59
Payables Turnover3.273.183.243.233.163.23.543.893.754.74
Inventory Turnover5.626.686.816.246.746.428.067.126.276.78
Days Sales Outstanding35.4136.2835.6336.5837.6936.5536.6742.6844.0438.06
Days Payables Outstanding111.64114.7112.61112.99115.45114.18103.1193.7897.2776.97
Days of Inventory on Hand6554.6653.658.5154.1356.945.2851.2458.1753.87

GIS Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA9.2511.4812.8615.0712.9312.8613.8713.5412.6813.23
Market Cap$17.71B$30.09B$39.57B$50.06B$42.43B$38.48B$38.64B$29.68B$24.39B$33.31B
Enterprise Value$30.90B$45.02B$52.46B$61.54B$53.84B$49.98B$50.88B$43.72B$39.81B$42.03B
Dividend Yield7.36%4.45%3.45%2.57%2.93%3.24%3.09%3.98%4.67%3.41%
Payout Ratio-146.95%58.59%54.61%49.65%45.97%53.27%54.82%67.42%53.48%68.48%

Frequently Asked Questions

How does General Mills, Inc.’s P/E ratio compare with its history?

On this page, GIS's current P/E is -20.1, compared with a multi-year average around 16.3. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is General Mills, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $17.71B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does General Mills, Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with General Mills, Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does General Mills, Inc. compare to its competitors in key financial ratios?

The fastest way to compare General Mills, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see General Mills, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do General Mills, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that General Mills, Inc. is financially strong. Current ratio is about 0.70, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about -0.38, implying less buffer for servicing interest costs. Debt-to-equity is about 1.83, suggesting higher leverage than a low-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do General Mills, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If General Mills, Inc. is sustaining strong returns (for example ROE at -10.69% and ROIC at -0.84%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.