General Mills (GIS) Debt/Assets Ratio: History & Chart

General Mills, Inc. (GIS)GISGeneral Mills, Inc.

About General Mills, Inc.

General Mills, Inc. functions as a prominent global producer and vendor of well-known consumer food brands. The company structures its widespread operations into five main divisions: North American retail, convenience stores and foodservice providers, Europe and Australia, Asia and Latin America, and a dedicated pet segment. Their broad catalog of products features a diverse range of items for consumers. This includes breakfast cereals, chilled yogurts, various soups, and ready-to-prepare meal kits. The offering also extends to refrigerated and frozen dough items, baking and dessert mixes, flours for culinary use, frozen pizzas and pizza snacks, along with an assortment of snack bars, fruit snacks, savory and grain snacks, and ice cream. For health-conscious consumers, they provide nutrition bars and wellness beverages, in addition to organic frozen and shelf-stable vegetables. Beyond direct consumer sales, General Mills supplies both branded and unbranded food goods to the North American foodservice sector and commercial bakeries. Furthermore, they are a significant participant in the pet food industry, manufacturing a variety of dog and cat food products. The company markets its merchandise under an extensive collection of trademarks, such as: Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait. General Mills distributes its products through a vast network, utilizing both direct sales and arrangements with brokers and distributors. Their reach encompasses a wide array of sales points, including traditional grocery stores, large-scale mass merchandisers, membership clubs, natural food retailers, online marketplaces, various commercial and non-commercial foodservice distributors and operators, restaurants, convenience stores, specialized pet stores, as well as drug, dollar, and discount retail chains. Complementing its extensive business, the corporation also oversees 466 leased and 392 franchised ice cream parlors. General Mills, Inc., established in 1866, maintains its corporate headquarters in Minneapolis, Minnesota.

Minneapolis, MN

30,000 employees

www.generalmills.com

Consumer Defensive / Packaged Foods

Sector: Consumer Defensive
Industry: Packaged Foods
CEO: Jeffrey L. Harmening

View full financials

GIS Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

45.10%

DEBT TO ASSETS RATIO AVG TTM

43.51%

DEBT TO ASSETS RATIO AVG 3Y

42.31%

DEBT TO ASSETS RATIO AVG 5Y

40.94%

DEBT TO ASSETS RATIO AVG 10Y

43.08%

DEBT TO ASSETS RATIO AVG 15Y

41.57%

DEBT TO ASSETS RATIO AVG 20Y

40.65%

CURRENT VS TTM AVG

+3.66%

CURRENT VS 3Y AVG

+6.60%

CURRENT VS 5Y AVG

+10.18%

CURRENT VS 10Y AVG

+4.68%

CURRENT VS 15Y AVG

+8.51%

CURRENT VS 20Y AVG

+10.96%

SECTOR MEDIAN · CONSUMER DEFENSIVE

0.36%

median of 48 covered companies

CURRENT VS SECTOR MEDIAN

+12428.21%

vs the sector median at left

NAME	MARKET CAP	DEBT TO ASSETS RATIO	TTM	3Y	5Y
General Mills, Inc. (GIS)	$19.23B	45.10%	43.51%	42.31%	40.94%
Tyson Foods, Inc. (TSN)vs ›	$20.45B	0.24%	N/A	N/A	N/A
Constellation Brands, Inc. (STZ)vs ›	$22.23B	0.51%	N/A	N/A	N/A
Church & Dwight Co., Inc. (CHD)vs ›	$23.14B	0.25%	N/A	N/A	N/A
Dollar Tree, Inc. (DLTR)vs ›	$23.15B	0.52%	N/A	N/A	N/A
Bunge Global S.A. (BG)vs ›	$23.58B	0.36%	N/A	N/A	N/A
Hormel Foods Corporation (HRL)vs ›	$13.92B	0.21%	N/A	N/A	N/A
McCormick & Company, Incorporated (MKC)vs ›	$13.43B	0.30%	N/A	N/A	N/A
The J. M. Smucker Company (SJM)vs ›	$12.65B	0.44%	N/A	N/A	N/A
Dollar General Corporation (DG)vs ›	$25.85B	0.51%	N/A	N/A	N/A

NAME

MARKET CAP

DEBT TO ASSETS RATIO

TTM

General Mills, Inc. (GIS)

$19.23B

45.10%

43.51%

42.31%

40.94%

Tyson Foods, Inc. (TSN)vs ›

$20.45B

0.24%

N/A

Constellation Brands, Inc. (STZ)vs ›

$22.23B

0.51%

N/A

Church & Dwight Co., Inc. (CHD)vs ›

$23.14B

0.25%

N/A

Dollar Tree, Inc. (DLTR)vs ›

$23.15B

0.52%

N/A

Bunge Global S.A. (BG)vs ›

$23.58B

0.36%

N/A

Hormel Foods Corporation (HRL)vs ›

$13.92B

0.21%

N/A

McCormick & Company, Incorporated (MKC)vs ›

$13.43B

0.30%

N/A

The J. M. Smucker Company (SJM)vs ›

$12.65B

0.44%

N/A

Dollar General Corporation (DG)vs ›

$25.85B

0.51%

N/A

Debt to Assets Ratio FAQ

What is the debt to assets ratio for General Mills, Inc. (GIS)?

The debt to assets ratio for GIS stock is 45.10%.

Is General Mills, Inc.'s debt to assets ratio high or low?

The debt to assets ratio of 45.10% is 10% above its 5-year average of 40.94%, near the high end of its 5-year range (37.14%–46.25%).

What is the TTM average debt to assets ratio for General Mills, Inc. (GIS)?

The TTM average debt to assets ratio for GIS stock is 43.51%.

What is the 3Y average debt to assets ratio for General Mills, Inc. (GIS)?

The 3Y average debt to assets ratio for GIS stock is 42.31%.

What is the 5Y average debt to assets ratio for General Mills, Inc. (GIS)?

The 5Y average debt to assets ratio for GIS stock is 40.94%.

What is the 10Y average debt to assets ratio for General Mills, Inc. (GIS)?

The 10Y average debt to assets ratio for GIS stock is 43.08%.

What is the 15Y average debt to assets ratio for General Mills, Inc. (GIS)?

The 15Y average debt to assets ratio for GIS stock is 41.57%.

What is the 20Y average debt to assets ratio for General Mills, Inc. (GIS)?

The 20Y average debt to assets ratio for GIS stock is 40.65%.

DATE	DEBT TO ASSETS RATIO
2026-05-31	45.10%
2026-02-22	43.11%
2025-11-23	42.20%
2025-08-24	43.64%
2025-05-25	46.25%
2025-02-23	43.38%
2024-11-24	43.48%
2024-08-25	41.93%
2024-05-26	42.31%
2024-02-25	40.55%
2023-11-26	40.50%
2023-08-27	39.22%
2023-05-31	38.36%
2023-02-26	37.14%
2022-11-27	37.48%
2022-08-28	37.17%
2022-05-31	38.52%
2022-02-27	39.40%
2021-11-28	39.01%
2021-08-29	40.06%
2021-05-31	40.85%
2021-02-28	42.42%
2020-11-29	43.22%
2020-08-30	43.57%
2020-05-31	45.18%
2020-02-23	45.05%
2019-11-24	45.43%
2019-08-25	47.20%
2019-05-31	48.12%
2019-02-24	49.60%
2018-11-25	50.21%
2018-08-26	51.10%
2018-05-31	51.65%
2018-02-25	43.28%
2017-11-26	43.83%
2017-08-27	45.42%
2017-05-31	43.47%
2017-02-26	44.87%
2016-11-27	43.84%
2016-08-28	40.49%
2016-05-31	38.83%
2016-02-28	40.53%
2015-11-29	40.87%
2015-08-30	42.26%
2015-05-31	42.10%
2015-02-22	44.01%
2014-11-23	43.53%
2014-08-24	39.87%
2014-05-31	37.96%
2014-02-23	38.95%
2013-11-24	37.34%
2013-08-25	35.93%
2013-05-31	35.17%
2013-02-24	35.35%
2012-11-25	36.30%
2012-08-26	37.93%
2012-05-31	35.22%
2012-02-26	35.61%
2011-11-27	36.47%
2011-08-28	36.77%
2011-05-31	36.87%
2011-02-27	37.46%
2010-11-28	38.34%
2010-08-29	39.70%
2010-05-31	36.35%
2010-02-28	34.91%
2009-11-29	36.09%
2009-08-30	39.46%
2009-05-31	39.58%
2009-02-22	40.29%
2008-11-23	41.43%
2008-08-24	38.42%
2008-05-31	36.76%
2008-02-24	39.51%
2007-11-25	40.32%
2007-08-26	46.06%
2007-05-31	34.13%
2007-02-25	33.15%
2006-11-26	35.48%
2006-08-27	36.10%
2006-05-31	33.47%
2006-02-26	35.06%
2005-11-27	36.11%
2005-08-28	36.88%
2005-05-31	34.27%
2005-02-27	40.23%
2004-11-28	41.80%
2004-08-29	43.93%
2004-05-31	44.59%
2004-02-22	46.96%
2003-11-23	48.03%
2003-08-24	48.77%
2003-05-31	48.59%
2003-02-23	50.31%
2002-11-24	51.67%
2002-08-25	54.50%

DATE

DEBT TO ASSETS RATIO

2026-05-31

45.10%

2026-02-22

43.11%

2025-11-23

42.20%

2025-08-24

43.64%

2025-05-25

46.25%

2025-02-23

43.38%

2024-11-24

43.48%

2024-08-25

41.93%

2024-05-26

42.31%

2024-02-25

40.55%

2023-11-26

40.50%

2023-08-27

39.22%

2023-05-31

38.36%

2023-02-26

37.14%

2022-11-27

37.48%

2022-08-28

37.17%

2022-05-31

38.52%

2022-02-27

39.40%

2021-11-28

39.01%

2021-08-29

40.06%

2021-05-31

40.85%

2021-02-28

42.42%

2020-11-29

43.22%

2020-08-30

43.57%

2020-05-31

45.18%

2020-02-23

45.05%

2019-11-24

45.43%

2019-08-25

47.20%

2019-05-31

48.12%

2019-02-24

49.60%

2018-11-25

50.21%

2018-08-26

51.10%

2018-05-31

51.65%

2018-02-25

43.28%

2017-11-26

43.83%

2017-08-27

45.42%

2017-05-31

43.47%

2017-02-26

44.87%

2016-11-27

43.84%

2016-08-28

40.49%

2016-05-31

38.83%

2016-02-28

40.53%

2015-11-29

40.87%

2015-08-30

42.26%

2015-05-31

42.10%

2015-02-22

44.01%

2014-11-23

43.53%

2014-08-24

39.87%

2014-05-31

37.96%

2014-02-23

38.95%

2013-11-24

37.34%

2013-08-25

35.93%

2013-05-31

35.17%

2013-02-24

35.35%

2012-11-25

36.30%

2012-08-26

37.93%

2012-05-31

35.22%

2012-02-26

35.61%

2011-11-27

36.47%

2011-08-28

36.77%

2011-05-31

36.87%

2011-02-27

37.46%

2010-11-28

38.34%

2010-08-29

39.70%

2010-05-31

36.35%

2010-02-28

34.91%

2009-11-29

36.09%

2009-08-30

39.46%

2009-05-31

39.58%

2009-02-22

40.29%

2008-11-23

41.43%

2008-08-24

38.42%

2008-05-31

36.76%

2008-02-24

39.51%

2007-11-25

40.32%

2007-08-26

46.06%

2007-05-31

34.13%

2007-02-25

33.15%

2006-11-26

35.48%

2006-08-27

36.10%

2006-05-31

33.47%

2006-02-26

35.06%

2005-11-27

36.11%

2005-08-28

36.88%

2005-05-31

34.27%

2005-02-27

40.23%

2004-11-28

41.80%

2004-08-29

43.93%

2004-05-31

44.59%

2004-02-22

46.96%

2003-11-23

48.03%

2003-08-24

48.77%

2003-05-31

48.59%

2003-02-23

50.31%

2002-11-24

51.67%

2002-08-25

54.50%

Debt to Assets Ratio: 45.10%

GIS Debt to Assets Ratio

GIS Average Debt to Assets Ratio Chart

GIS Current vs Average Debt to Assets Ratio Chart

GIS Debt to Assets Ratio Metrics

GIS Competitors' Debt to Assets Ratio

Leverage Ratios Comparison

Debt to Assets Ratio Formula & Definition

Debt to Assets Ratio FAQ

GIS Debt to Assets Ratio History

Related Metrics