Company / Operating Margin
General Mills Operating Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
68.2%
FY2024
5-year range
68.2% / 175.4%
FY2020-FY2024
Trend
-59.5%
vs FY2023
Sector context
#1 of 62
Consumer Staples
What the data says
Among 62 Consumer Staples companies, General Mills is in the top 2% for operating margin. Operating Margin has fluctuated over the past 9 years, ranging from 15.4% in FY2017 to 175.4% in FY2022.
Based on SEC 10-K filings.
68.2% in FY2024 with a 5-year CAGR of -76.2%. Ranks 1st among 62 companies in Consumer Staples.
Declined from 175.4% to 68.2% over the past 2 years.
Consumer Staples sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -94.7pp
- 5-Year Change
- -76.2pp
- 10-Year Change
- -
Sector benchmark
Top 2% in Consumer StaplesTop 2% of 62This company 68.2% Sector average 9.6%
▼
+608.6% above sector average
Key checks
Key Insights
- In FY2024, operating margin decreased 59.5% year-over-year.
- Currently 58.5pp above the Consumer Staples sector average.
- Peak operating margin was recorded in FY2022.
- Lowest operating margin in the period was in FY2017.
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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 68.2% | -59.5% |
| FY2023 | 168.4% | -4.0% |
| FY2022 | 175.4% | +7.7% |
| FY2021 | 162.8% | +13.4% |
| FY2020 | 143.7% | -0.5% |
| FY2019 | 144.4% | +17.3% |
| FY2018 | 123.1% | +700.8% |
| FY2017 | 15.4% | -3.6% |
| FY2016 | 16.0% | -2.4% |
As of FY2024 · SEC 10-K · Updated Mar 8, 2026