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General Mills, Inc. (GIS) Debt to Equity Ratio: 1.66

Is General Mills, Inc.’s debt to equity ratio high or low?

General Mills, Inc.'s debt to equity ratio of 1.66 is 18% above its 5-year average of 1.41, near the high end of its 5-year range (1.14–1.73).

The debt to equity ratio for General Mills, Inc. (GIS) is 1.66 as of Wednesday, June 10, 2026. It is above its 12-month average by 7.79% (1.54).

GIS Debt to Equity Ratio Chart

GIS Debt to Equity Ratio
1.66+16.90% 1Y
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GIS Average Debt to Equity Ratio Chart

GIS Current vs Average Debt to Equity Ratio Chart

GIS Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.66

DEBT TO EQUITY RATIO AVG TTM

1.54

DEBT TO EQUITY RATIO AVG 3Y

1.34

DEBT TO EQUITY RATIO AVG 5Y

1.41

DEBT TO EQUITY RATIO AVG 10Y

1.71

DEBT TO EQUITY RATIO AVG 15Y

1.55

DEBT TO EQUITY RATIO AVG 20Y

1.46

CURRENT VS TTM AVG

+7.79%

CURRENT VS 3Y AVG

+23.65%

CURRENT VS 5Y AVG

+17.59%

CURRENT VS 10Y AVG

-3.08%

CURRENT VS 15Y AVG

+7.10%

CURRENT VS 20Y AVG

+13.88%

GIS Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
General Mills, Inc. (GIS)$18.02B1.661.541.341.41
Dollar Tree, Inc. (DLTR)$21.29B1.231.601.401.33
Hormel Foods Corporation (HRL)$13.38B0.360.360.400.38
McCormick & Company, Incorporated (MKC)$13.25B0.700.770.901.02
Church & Dwight Co., Inc. (CHD)$23.34B0.550.550.650.70
The J. M. Smucker Company (SJM)$12.45B1.281.281.070.91
The Clorox Company (CLX)$12.08B8.978.919.177.97
Dollar General Corporation (DG)$24.02B1.852.102.522.47
Constellation Brands, Inc. (STZ)$24.31B1.391.571.491.29
Celsius Holdings, Inc. (CELH)$7.43B0.230.130.060.05

Financial Health

Debt/Equity

1.66

Current Ratio

0.67

General Mills, Inc. Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

General Mills, Inc. Debt to Equity Ratio FAQ

What is the debt to equity ratio for General Mills, Inc. (GIS)?
The debt to equity ratio for GIS stock is 1.66.
Is General Mills, Inc.'s debt to equity ratio high or low?
General Mills, Inc.'s debt to equity ratio of 1.66 is 18% above its 5-year average of 1.41, near the high end of its 5-year range (1.14–1.73).
What is the TTM average debt to equity ratio for General Mills, Inc. (GIS)?
The TTM average debt to equity ratio for GIS stock is 1.54.
What is the 3Y average debt to equity ratio for General Mills, Inc. (GIS)?
The 3Y average debt to equity ratio for GIS stock is 1.34.
What is the 5Y average debt to equity ratio for General Mills, Inc. (GIS)?
The 5Y average debt to equity ratio for GIS stock is 1.41.
What is the 10Y average debt to equity ratio for General Mills, Inc. (GIS)?
The 10Y average debt to equity ratio for GIS stock is 1.71.
What is the 15Y average debt to equity ratio for General Mills, Inc. (GIS)?
The 15Y average debt to equity ratio for GIS stock is 1.55.
What is the 20Y average debt to equity ratio for General Mills, Inc. (GIS)?
The 20Y average debt to equity ratio for GIS stock is 1.46.

General Mills, Inc. Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2025-05-251.66
2024-05-261.42
2023-05-281.15
2022-05-291.14
2021-05-301.37
2020-05-311.73
2019-05-312.05
2018-05-312.58
2017-05-312.19
2016-05-311.71
2015-05-311.84
2014-05-311.34
2013-05-311.19
2012-05-311.16
2011-05-311.08
2010-05-311.19
2009-05-311.37
2008-05-311.13
2007-05-311.17
2006-05-311.05
2005-05-311.09
2004-05-311.57
2003-05-312.12
2002-05-312.64
2001-05-3165.92
1999-05-3114.11
1998-05-3110.82
1997-05-313.79
1996-05-314.67

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
34,000 employees
Consumer Defensive / Packaged Foods
Sector
Consumer Defensive
Industry
Packaged Foods
CEO
Jeffrey L. Harmening