Company / Interest Expense
General Mills Interest Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$524.2M
FY2024
5-year range
$379.6M / $524.2M
FY2020-FY2024
Trend
+9.4%
vs FY2023
Sector context
#7 of 32
Consumer Staples
What the data says
General Mills's interest expense of $524M is higher than 78% of companies in the Consumer Staples sector (FY2024). Interest Expense has increased for 3 consecutive years, from $380M in FY2021 to $524M in FY2024.
Based on SEC 10-K filings.
$524M in FY2024 with a 5-year CAGR of +2.4%. Top quartile in the Consumer Staples sector.
Increased from $382M to $524M over the past 2 years.
Consumer Staples sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +11.4%
- 5-Year CAGR
- +2.4%
- 10-Year CAGR
- -
Sector benchmark
+81.2% above sector average
Key checks
Key Insights
- General Mills's interest expense has grown for 3 consecutive years.
- 5-year CAGR of +2.4%, indicating consistent growth.
- In FY2024, interest expense increased 9.4% year-over-year.
- Ranks #7 out of 32 companies in the Consumer Staples sector.
Company context
Key Data Points
- Altman Z-Score 0.81 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $524.2M | +9.4% |
| FY2023 | $479.2M | +25.4% |
| FY2022 | $382.1M | +0.7% |
| FY2021 | $379.6M | -9.7% |
| FY2020 | $420.3M | -9.9% |
| FY2019 | $466.5M | -10.6% |
| FY2018 | $521.8M | +39.6% |
| FY2017 | $373.7M | +26.6% |
| FY2016 | $295.1M | -2.9% |
As of FY2024 · SEC 10-K · Updated Mar 8, 2026