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General Mills, Inc. (GIS)
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General Mills, Inc. (GIS) FCF Payout Ratio: 81.99%

Is General Mills, Inc.’s FCF payout ratio high or low?

General Mills, Inc.'s FCF payout ratio of 81.99% is 60% above its 5-year average of 51.21%, near the high end of its 5-year range (37.19%–61.65%).

The FCF payout ratio for General Mills, Inc. (GIS) is 81.99%. It is above its 12-month average by 46.01% (56.15%).

GIS FCF Payout Ratio Chart

GIS FCF Payout Ratio
58.38%+8.28% 1Y
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GIS Average FCF Payout Ratio Chart

GIS Current vs Average FCF Payout Ratio Chart

GIS FCF Payout Ratio Metrics

FCF PAYOUT RATIO

81.99%

FCF PAYOUT RATIO AVG TTM

56.15%

FCF PAYOUT RATIO AVG 3Y

54.81%

FCF PAYOUT RATIO AVG 5Y

51.21%

FCF PAYOUT RATIO AVG 10Y

53.14%

FCF PAYOUT RATIO AVG 15Y

52.84%

FCF PAYOUT RATIO AVG 20Y

49.56%

CURRENT VS TTM AVG

+46.01%

CURRENT VS 3Y AVG

+49.58%

CURRENT VS 5Y AVG

+60.10%

CURRENT VS 10Y AVG

+54.28%

CURRENT VS 15Y AVG

+55.18%

CURRENT VS 20Y AVG

+65.43%

Payout Ratio Comparison

FCF Payout Ratio

82.0%

Earnings Payout Ratio

59.2%

Dividend Yield

7.22%

FCF Yield

9.00%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$2.29B$1.34B58.4%
2024$2.53B$1.36B53.9%
2023$2.09B$1.29B61.6%
2022$2.75B$1.24B45.3%
2021$2.45B$1.25B50.8%
2020$3.22B$1.20B37.2%
2019$2.27B$1.18B52.1%
2018$2.22B$1.14B51.4%
2017$1.73B$1.14B65.6%
2016$2.03B$1.07B52.7%
2015$1.83B$1.02B55.6%
2014$1.88B$983.30M52.4%
2013$2.31B$867.60M37.5%
2012$1.73B$800.10M46.2%
2011$882.30M$729.40M82.7%
2010$1.53B$643.70M42.0%
2009$1.27B$579.50M45.8%
2008$1.21B$529.70M43.9%
2007$1.29B$506.00M39.2%
2006$1.48B$485.00M32.7%
2005$1.36B$461.00M33.9%
2004$833.00M$413.00M49.6%
2003$920.00M$406.00M44.1%
2002$407.00M$358.00M88.0%
2001$429.00M$312.40M72.8%
2000$420.00M$329.20M78.4%
1999$405.30M$331.40M81.8%
1998$585.90M$336.30M57.4%
1997$424.80M$320.70M75.5%
1996$531.00M$303.60M57.2%

Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

General Mills, Inc. FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

General Mills, Inc. FCF Payout Ratio FAQ

What is the FCF payout ratio for General Mills, Inc. (GIS)?
The FCF payout ratio for GIS stock is 81.99%.
Is General Mills, Inc.'s FCF payout ratio high or low?
General Mills, Inc.'s FCF payout ratio of 81.99% is 60% above its 5-year average of 51.21%, near the high end of its 5-year range (37.19%–61.65%).
What is the TTM average FCF payout ratio for General Mills, Inc. (GIS)?
The TTM average FCF payout ratio for GIS stock is 56.15%.
What is the 3Y average FCF payout ratio for General Mills, Inc. (GIS)?
The 3Y average FCF payout ratio for GIS stock is 54.81%.
What is the 5Y average FCF payout ratio for General Mills, Inc. (GIS)?
The 5Y average FCF payout ratio for GIS stock is 51.21%.
What is the 10Y average FCF payout ratio for General Mills, Inc. (GIS)?
The 10Y average FCF payout ratio for GIS stock is 53.14%.
What is the 15Y average FCF payout ratio for General Mills, Inc. (GIS)?
The 15Y average FCF payout ratio for GIS stock is 52.84%.
What is the 20Y average FCF payout ratio for General Mills, Inc. (GIS)?
The 20Y average FCF payout ratio for GIS stock is 49.56%.

General Mills, Inc. FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2025-05-2558.38%
2024-05-2653.92%
2023-05-2861.65%
2022-05-2945.30%
2021-05-3050.82%
2020-05-3137.19%
2019-05-3152.07%
2018-05-3151.38%
2017-05-3165.58%
2016-05-3152.67%
2015-05-3155.60%
2014-05-3152.37%
2013-05-3137.52%
2012-05-3146.21%
2011-05-3182.67%
2010-05-3142.04%
2009-05-3145.79%
2008-05-3143.85%
2007-05-3139.19%
2006-05-3132.69%
2005-05-3133.90%
2004-05-3149.58%
2003-05-3144.13%
2002-05-3187.96%
2001-05-3172.82%
2000-05-3178.38%
1999-05-3181.77%
1998-05-3157.40%
1997-05-3175.49%
1996-05-3157.18%

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