GISGENERAL MILLS INC
Grain Mill Products
- Revenue
- $18.4B
- 5.4% YoY
- Operating margin
- 4.8%
- 72% YoY
- EBITDA
- $1.4B
- 63% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 8.3×
- $11.9B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear84% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired47% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $19.0B | $20.1B | $19.9B | $19.5B | $18.4B | 5.4% |
| Operating income | $3.5B | $3.4B | $3.4B | $3.3B | $886M | 73% |
| Net income | $2.7B | $2.6B | $2.5B | $2.3B | −$85M | 104% |
| Operating cash flow | $3.3B | $2.8B | $3.3B | $2.9B | $2.2B | 26% |
| Capex | $569M | $690M | $774M | $625M | $540M | 14% |
| Stock-based comp | $99M | $112M | $95M | $92M | $79M | 13% |
| Buybacks | $877M | $1.4B | $2.0B | $1.2B | $500M | 58% |
| Dividends | $1.2B | $1.3B | $1.4B | $1.3B | $1.3B | 1.7% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $197K · 1
- Net
- −$197K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $14M | $764K | 65 | 88 |
| FY2025 | $12M | −$751K | 97 | 95 |
| FY2024 | $16M | −$3M | 119 | 104 |
| FY2023 | $16M | $33M | 142 | 116 |
| FY2022 | $12M | $28M | 115 | 105 |