GIS General Mills, Inc. Common Stock
About General Mills, Inc. Common Stock Company overview from Wikipedia
General Mills, Inc. is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. Founded on the banks of the Mississippi River at Saint Anthony Falls in Minneapolis, the company originally gained fame for being a large flour miller. It is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis.
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General Mills, Inc. is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. Founded on the banks of the Mississippi River at Saint Anthony Falls in Minneapolis, the company originally gained fame for being a large flour miller. It is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis.
Today, the company markets many well-known North American brands, including Gold Medal flour, Annie's Homegrown, Lärabar, Cascadian Farm, Betty Crocker, Nature Valley, Totino's, Pillsbury, Old El Paso, Häagen-Dazs, as well as breakfast cereals under the General Mills name, including Cheerios, Wheaties, Chex, Lucky Charms, Trix, Cocoa Puffs, and the monster cereals.
History
Washburn-Crosby Company
The company can trace its history to the Minneapolis Milling Company, incorporated in 1856. The company was founded by Illinois congressman Robert Smith, who leased power rights to flour mills operating along the west side of Saint Anthony Falls on the Mississippi River in Minneapolis, Minnesota. Cadwallader C. Washburn acquired the company shortly after its founding and hired his brother William D. Washburn to assist in the company's development. In 1866 the Washburns got into the business themselves, building the Washburn "B" Mill at the falls. At the time, the building was considered to be so large and output so vast that it could not possibly sustain itself. However, the company succeeded, and in 1874 he built the even bigger Washburn "A" Mill.
In 1877, the mill entered a partnership with John Crosby to form the Washburn-Crosby Company, producing winter wheat flour. That same year Washburn sent William Hood Dunwoody to England to open the market for spring wheat. Dunwoody was successful and became a silent partner.
In 1878, the "A" mill was destroyed in a flour dust explosion along with five nearby buildings, an event known as the Great Mill Disaster. The ensuing fire led to the death of 18 workers. Construction of a new mill began immediately. Not only was the new mill safer but it also was able to produce a higher quality flour after the old grinding stones were replaced with automatic steel rollers, the first ever used.
In 1880, Washburn-Crosby flour brands won gold, silver and bronze medals at the Millers' International Exhibition in Cincinnati, causing them to launch the Gold Medal flour brand.
In 1924, the company acquired a failing Twin Cities radio station, WLAG, renaming it WCCO (from Washburn-Crosby Company).
Founding as General Mills
General Mills itself was created on June 20, 1928, when Washburn-Crosby President James Ford Bell merged Washburn-Crosby with three other mills. In the same year, General Mills acquired the Wichita Mill and Elevator Company of the industrialist Frank Kell of Wichita Falls, Texas. With the sale, Kell acquired cash plus stock in the corporation.
Shares of the new company's stock were first sold on the New York Stock Exchange on November 30, 1928, at $65 per share. The newly merged company paid a dividend in 1928 and has continued the dividend uninterrupted ever since – one of only a few companies to pay a dividend every year since its founding.
Engineering milestones
In the 1930s, General Mills engineer, Thomas R. James, created the puffing gun, which inflated or distorted cereal pieces into puffed-up shapes. This new technology was used in 1937 to create Kix cereal and in 1941 to create Cheerioats (known today as Cheerios).
In 1939, General Mills engineer Helmer Anderson created the Anderson sealer. This new device allowed for bags of flour to be sealed with glue instead of just being tied with a string.
In 1956, General Mills created the tear-strip for easily opening packages.
Aeronautical Research Division and Electronics Division
In 1946, General Mills established their Aeronautical Research Division with chief engineer Otto C. Winzen. This division developed high altitude balloons in conjunction with the United States Navy Office of Naval Research (ONR), such as the Skyhook balloon.
In 1956, hundreds of General Mills balloons carrying reconnaissance equipment were launched by the United States government under Project Genetrix to surveil Eastern bloc countries, in particular their nuclear capabilities.
The aeronautical work of General Mills done around the time of the Second World War was continued by Raven Industries.
The General Mills Electronics division developed the DSV Alvin submersible, which is notable for being used in investigating the wreck of Titanic among other deep-sea exploration missions.
Merchandising and television
Beginning in 1929, General Mills products contained box top coupons, known as Betty Crocker coupons, with varying point values, which were redeemable for discounts on a variety of housewares products featured in the widely distributed Betty Crocker catalog. The coupons and the catalog were discontinued by the company in 2006.
General Mills became the sponsor of the popular radio show The Lone Ranger in 1941. The show was then brought to television, and, after 20 years, their sponsorship came to an end in 1961.
Beginning in 1959, General Mills sponsored the Rocky and His Friends television series, later known as The Bullwinkle Show. Until 1968, Rocky and Bullwinkle were featured in a variety of advertisements for General Mills. General Mills was also a sponsor of the Saturday-morning cartoons from the Total Television productions studio, including Tennessee Tuxedo. The company also was a sponsor of the ABC western series The Life and Legend of Wyatt Earp, starring Hugh O'Brian. The company, along with its subsidiary The Program Exchange, backed DiC Entertainment in syndicating the Dennis the Menace animated series based on the comic strip of the same name created by Hank Ketcham in 1986. From 1997 until May 31, 2004, General Mills sponsored and barter syndicated the first 82 episodes of the original Sailor Moon English dub (the remaining 17 of 82 episodes premiered on Cartoon Network's programming block Toonami in 1998).
Diversification: toys and restaurants
The first venture General Mills took into the toy industry was in 1965. The company bought Rainbow Crafts, which was the manufacturer of Play-Doh. General Mills's purchase of the company was significant because it brought production costs down and tripled the revenue.
In the 1960s, General Mills bought Jesse Jones, a sausage and meat products maker started in Virginia and moved to Garner, North Carolina on 1947, and added it to a division that made Slim Jim and Penrose. Jesse Jones was sold to White Packing in 1997.
In 1967, General Mills bought the Kenner toy company. Later, they acquired Parker Brothers in the following year.
General Mills came out with their "monster cereals" in the 1970s. The cereals are now produced and sold seasonally around Halloween.
In 1970, General Mills acquired Red Lobster, then a five-unit restaurant, and expanded it nationwide. Soon, a division of General Mills titled General Mills Restaurants developed to take charge of the Red Lobster chain. In 1980, General Mills acquired the California-based Good Earth health food restaurant chain. The company eventually converted the restaurants into other chain restaurants they were operating, such as Red Lobster. In 1982, General Mills Restaurants founded a new Italian-themed restaurant chain called Olive Garden. Another themed restaurant, China Coast, was added before the entire group was spun off to General Mills shareholders in 1995 as Darden Restaurants.
During the same decade, General Mills ventured further, starting the General Mills Specialty Retail Group. They acquired two clothing and apparel companies, Talbots and Eddie Bauer. The acquisition was short-lived. Talbots was purchased by a Japanese company, then known as JUSCO, and the Spiegel company purchased Bauer. Spiegel later declared bankruptcy, yet Bauer still remains, albeit in a smaller presence in the United States today.
From 1976 to 1985, General Mills went to court as the parent company of Parker Brothers, which held the rights on the brand name and gaming idea of the board game Monopoly, claiming that the so-called Anti-Monopoly game of an economics professor infringed their trademark. The dispute extended up to the United States Supreme Court, which ruled against them, saying that while they have exclusive rights to the game Monopoly, they cannot prevent others from using the word "monopoly" in the name of a game.
In 1985, General Mills's toy division was separated from its parent as Kenner Parker Toys, Inc. There were many potential acquirers of the business but it was floated on the stock exchange with General Mills's shareholders getting equivalent shares in Kenner Parker. This was more tax efficient for General Mills.
Recent history
In 1990, a joint venture with Nestlé S.A. called Cereal Partners was formed which markets cereals (including many existing General Mills cereal brands) outside the US and Canada under the Nestlé name.
In 1996, General Mills acquired Ralcorp's cereal brands, including Chex and Cookie Crisp.
In 2001, the company purchased Pillsbury (sans Burger King) from Diageo, although it was officially described as a "merger".
Since 2004, General Mills has been producing more products targeted to the growing ranks of health-conscious consumers. The company has chosen to switch its entire breakfast cereal line to whole grain. The company also started manufacturing their child-targeted cereals with less sugar. General Mills has reduced the level of sugar in all cereals advertised to children to 11 grams per serving.
In April 2011, General Mills announced that it will switch all 1 million eggs it uses each year to cage-free.
General Mills was ranked #181 on the 2012 Fortune 500 list of America's largest corporations, 161 in 2015 and was the third-largest food consumer products company in the United States. During June 2012, the company's vice-president for diversity stated that General Mills opposes a Minnesota amendment banning gay marriage, stating that the company values "inclusion". The company received positive feedback for its stand which might attract people to its global workforce.
The company acquired organic food producer Annie's for a fee of around $820 million, as part of its strategy to expand in the US natural foods market. In October 2014, General Mills announced plans to cut 700 to 800 jobs, mostly in the US, in corporate restructuring planned to be completed by the end of 2015.
In 2015, citing climate change, General Mills promised to reduce its greenhouse gas emissions by 28 percent over 10 years. In December 2016, the company announced it would be restructuring, splitting into four business groups based on global region, and cutting as many as 600 jobs.
In February 2018, the company entered into the pet products industry, paying $8 billion to buy Blue Buffalo Pet Products, Inc. As of 2018, the company ranked 182nd on the Fortune 500 list of the largest United States corporations by revenue.
Having launched its first regenerative agriculture pilot program in March 2019, the company has plans to improve soil health on 1 million acres of farmland by 2030 and has formed a partnership with Regrow Agriculture, a software and data analysis company that uses satellite imagery, weather data, and soil data to measure carbon sequestration in soil.
In February 2020, General Mills was recognized by CDP as a global leader in corporate sustainability and received a place on the CDP "A List" for both climate change and water security.
On May 15, 2021, General Mills announced that it was acquiring Tyson Foods's pet treat business, including True Chews, Nudges and Top Chews, for $1.2 billion. The acquisition was completed on July 7, 2021.
In April 2022, there were increasing news reports and complaints that the company's Lucky Charms cereal was somehow making individuals ill, with the most common complaints being gastrointestinal in nature, such as nausea, vomiting, and diarrhea. The episodes have not yet resulted in a company- or FDA-initiated recall; an FDA spokesperson said they were investigating approximately 100 reports. These reports came as norovirus was circulating in some areas of the US. It is relatively rare for cereals, as opposed to other foods, to be contaminated by microbes, because they must be baked, although it is possible if conditions are unsanitary.
On May 12, 2022, General Mills announced that it was acquiring TNT Crust, a supplier of frozen pizza crusts, from Peak Rock Capital.
On May 25, 2022, General Mills announced that it was selling its Hamburger Helper and Suddenly Salad businesses to Eagle Family Foods Group for $610 million. The sale was completed on July 5, 2022.
On November 9, 2023, General Mills acquired a pet supplement business, Fera Pets, Inc.
On September 12, 2024, General Mills announced that it would sell its North American yogurt division to Groupe Lactalis and Sodiaal. Lacatlis would buy the US brands while Sodiaal would buy the Canadian brands which would be completed by 2025. The sale for its Canadian yogurt division was completed on January 27, 2025, officially bringing all of Yoplait's international operations under Sodiaal. The sale of the US yogurt division to Lactalis was completed on June 30th.
On March 17, 2026, Brazilian food industry company 3 Corações announced that it will acquire the Brazilian operations of General Mills for R$800 million, pending regulatory approval, which is expected to conclude at the end of 2026.
Brands
Breakfast cereals
General Mills's breakfast cereals include:
Some brands are marketed outside the US and Canada by the Cereal Partners joint venture using the Nestlé brand.
Cereal collaborations
General Mills' past and current cereal collaborations include:
Grain snacks
The company's grain-snack brands include:
Baking goods
The company's baking-goods brands include:
It also produces fruit snacks, including Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, and Fruit Shapes.
Meal products
The company's meal products brands include:
Organic food
It also produces organic foods, via Cascadian Farm, which they took over when they bought Small Planet Foods, and Muir Glen. More recently, as of 2014, it has purchased Annie's Homegrown.
Other brands
Other company brands include Annie's, Blue Buffalo, Frescarini, Latina, Tiki Pets, Totino's, Jeno's, Progresso, Colombo and Lärabar. It also produces Häagen-Dazs ice cream outside of the US and Canada. General Mills acquired the meat-based brand Epic Provisions in 2016.
Discontinued brands
General Mills brands no longer manufactured include:
Public and legal issues
Association with "anti-diet" movement
The company has been associated with social media campaigns and education of dieticians promoting the "anti-diet" movement. This activity has been connected with helping to promote some of its own foods, which are high in sugar content.
Change to legal terms
In April 2014, the company announced that it had changed its legal terms on its website to introduce an arbitration clause requiring all disputes with General Mills to be resolved in small claims court or arbitration and not as a participant in a class action. The change was made shortly after a judge's March 26, 2014, denial of a motion to dismiss a class action regarding the marketing of the company's Nature Valley brand products. Users would be deemed to accept the terms by interacting with General Mills on its website in various ways, such as downloading coupons, subscribing to newsletters, or participating in Internet forums hosted on the website.
The New York Times stated that the agreement could be interpreted to additionally construe purchasing General Mills products at a grocery store or liking the company's Facebook page as assent to the terms; General Mills disclaimed that interpretation, calling it a "mischaracterization". The change in terms resulted in a massive backlash of protests via consumer groups and social media, and General Mills reverted the terms back to the original content after only a few days.
Involvement in Israeli settlements
On February 12, 2020, the United Nations published a database of companies doing business related in the West Bank, including East Jerusalem, as well as in the occupied Golan Heights. General Mills was listed on the database on account of the activities of its subsidiary General Mills Israel in Israeli settlements in these occupied territories, which some have argued is illegal under international law.
As of the update on June 30, 2023, General Mills is no longer involved in Israeli settlements and has been removed from the United Nations database.
Animal welfare
In 2015, General Mills set a timeline for the phase-out of products using eggs from caged chickens, committing that US products would be cage-free by 2025. In 2017, the pledge was expanded to cover chickens across the company's global operations, not just the US.
Carbon emissions
In response to pressure from activist groups and shareholders, General Mills has committed to reducing emissions from its dairy operations by 40% by 2030.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
GIS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
GIS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| July 10, 2026 | $0.6100 |
| April 10, 2026 | $0.6100 |
| Jan. 9, 2026 | $0.6100 |
| Oct. 10, 2025 | $0.6100 |
| July 10, 2025 | $0.6100 |
| April 10, 2025 | $0.6000 |
| Jan. 10, 2025 | $0.6000 |
| Oct. 10, 2024 | $0.6000 |
| July 10, 2024 | $0.6000 |
| April 9, 2024 | $0.5900 |
| Jan. 9, 2024 | $0.5900 |
| Oct. 6, 2023 | $0.5900 |
| July 7, 2023 | $0.5900 |
| April 6, 2023 | $0.5400 |
| Jan. 9, 2023 | $0.5400 |
| Oct. 6, 2022 | $0.5400 |
| July 7, 2022 | $0.5400 |
| April 7, 2022 | $0.5100 |
| Jan. 7, 2022 | $0.5100 |
| Oct. 7, 2021 | $0.5100 |
GIS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 1 3.6%
- Buy 2 7.1%
- Hold 16 57.1%
- Sell 7 25.0%
- Strong Sell 2 7.1%
12-Month Price Target
18 analysts · 2026-08-16Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.95 | $0.81 | 0.14% |
| March 31, 2026 | $0.64 | $0.73 | -0.09% |
| Dec. 31, 2025 | $1.10 | $1.04 | 0.06% |
| Sept. 30, 2025 | $0.86 | $0.82 | 0.04% |
| June 30, 2025 | $0.74 | $0.72 | 0.02% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| GIS | — | -211.3 | -5.5% | -0.48% | -1.1% | — |
| MDLZ | $68.99B | 28.5 | 5.8% | 6.4% | 9.3% | 28.4% |
| HSY | $36.91B | 91.4 | 4.4% | 7.5% | 19.3% | 33.6% |
| KHC | $28.57B | -4.9 | -3.5% | -23.4% | -12.9% | 33.3% |
| TSN | — | 40.7 | 2.1% | 0.87% | 2.6% | 6.5% |
| MKC | $1.01B | 23.0 | 1.7% | 11.5% | 14.3% | 37.9% |
| HRL | — | 27.4 | 1.6% | 4.0% | 6.0% | 15.6% |
| SJM | $10.46B | -75.4 | 3.7% | -1.5% | -2.4% | 33.5% |
| SFD | $8.82B | 8.9 | 9.8% | 6.4% | 15.6% | 13.5% |
| CAG | $7.76B | -3.3 | -2.9% | -17.0% | -26.5% | 23.9% |
| LW | $5.94B | 20.8 | 2.5% | 4.4% | 16.2% | 20.6% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.42B | $19.49B | $19.86B | $20.09B | $2.13B | $2.19B | $2.05B | $2.04B | $15.74B | $15.62B | $16.56B | $17.63B | |
| Cost of Revenue | $12.23B | $12.75B | $12.93B | $13.55B | $12.59B | $11.68B | $11.50B | $11.11B | $10.30B | $10.05B | $10.73B | $11.68B | |
| R&D Expense | $256M | $257M | $258M | $258M | $243M | $239M | $224M | $222M | $219M | $218M | $222M | $229M | |
| SG&A Expense | $3.39B | $3.45B | $3.26B | $3.50B | $3.15B | $3.08B | $3.15B | $2.94B | $2.85B | $2.89B | $3.12B | $3.33B | |
| Operating Income | $886M | $3.30B | $3.43B | $3.43B | $3.48B | $3.14B | $2.95B | $2.52B | $2.42B | $2.49B | $2.71B | $2.08B | |
| Interest Expense | · | $524M | $479M | $382M | $380M | $420M | $466M | $522M | $374M | $295M | $304M | $315M | |
| Interest Income | $31M | $25M | $19M | $14M | $4M | $7M | $6M | $6M | $12M | $7M | $8M | $13M | |
| Pretax Income | $406M | $2.83B | $3.03B | $3.14B | $3.21B | $2.86B | $2.60B | $2.08B | $2.14B | $2.27B | $2.40B | $1.76B | |
| Income Tax | $414M | $574M | $594M | $612M | $586M | $629M | $480M | $368M | $57M | $655M | $755M | $587M | |
| Net Income | $-88M | $2.30B | $2.50B | $2.59B | $2.71B | $2.34B | $2.18B | $1.75B | $2.13B | $1.66B | $1.70B | $1.22B | |
| EPS (Basic) | $-0.16 | $4.12 | $4.34 | $4.36 | $4.46 | $3.81 | $3.59 | $2.92 | $3.69 | $2.82 | $2.83 | $2.02 | |
| EPS (Diluted) | $-0.16 | $4.10 | $4.31 | $4.31 | $4.42 | $3.78 | $3.56 | $2.90 | $3.64 | $2.77 | $2.77 | $1.97 | |
| Shares (Basic) | 537,700,000 | 554,500,000 | 575,500,000 | 594,800,000 | 607,500,000 | 614,100,000 | 608,100,000 | 600,400,000 | 576,800,000 | 587,100,000 | 598,900,000 | 603,300,000 | |
| Shares (Diluted) | 537,700,000 | 557,500,000 | 579,500,000 | 601,200,000 | 612,600,000 | 619,100,000 | 613,300,000 | 605,400,000 | 585,700,000 | 598,000,000 | 611,900,000 | 618,800,000 | |
| EBITDA | $1.44B | $3.84B | $3.98B | $3.98B | $4.05B | $3.75B | $3.55B | $3.14B | $3.13B | $3.17B | $3.32B | $2.67B |
Balance Sheet 28
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $454M | $364M | $418M | $586M | $569M | $1.51B | $1.68B | $450M | $399M | $766M | $766M | $334M | |
| Receivables | $1.65B | $1.80B | $1.70B | $1.68B | $1.69B | $1.64B | $1.62B | $1.68B | $1.68B | $1.43B | $1.36B | $1.39B | |
| Inventory | $1.92B | $1.91B | $1.90B | $2.17B | $1.87B | $1.82B | $1.43B | $1.56B | $1.64B | $1.48B | $1.41B | $1.54B | |
| Prepaid Expense | $600M | $465M | $568M | $736M | $802M | $790M | $402M | $498M | $398M | $382M | $399M | $424M | |
| Other Current Assets | $600M | $465M | $568M | $736M | $802M | $790M | $402M | $498M | $398M | $382M | $399M | $424M | |
| Current Assets | $4.62B | $5.28B | $4.58B | $5.18B | $5.09B | $5.75B | $5.12B | $4.19B | $4.12B | $4.06B | $3.94B | $3.69B | |
| PP&E (Net) | $3.44B | $3.63B | $3.86B | $3.64B | $3.39B | $3.61B | $3.58B | $3.79B | $4.05B | $3.69B | $3.74B | $3.78B | |
| PP&E (Gross) | $10.51B | $10.45B | $11.10B | $10.57B | $10.21B | $10.47B | $9.95B | $10.08B | $10.00B | $9.53B | $9.50B | $9.59B | |
| Accum. Depreciation | $7.07B | $6.81B | $7.24B | $6.93B | $6.82B | $6.86B | $6.37B | $6.29B | $5.96B | $5.84B | $5.76B | $5.81B | |
| Goodwill | $14.12B | $15.62B | $14.75B | $14.51B | $14.38B | $14.06B | $13.92B | $14.00B | $14.06B | $8.75B | $8.74B | $8.87B | |
| Intangibles | $6.72B | $7.08B | $6.98B | $6.97B | $7.00B | $7.15B | $7.10B | $7.17B | $7.45B | $4.53B | $4.54B | $4.68B | |
| Other Non-current Assets | $1.12B | $1.46B | $1.29B | $1.16B | $1.23B | $1.27B | $1.09B | $975M | $943M | $786M | $752M | $811M | |
| Total Assets | $30.02B | $33.07B | $31.47B | $31.45B | $31.09B | $31.84B | $30.81B | $30.11B | $30.62B | $21.81B | $21.71B | $21.83B | |
| Accounts Payable | $3.73B | $4.01B | $3.99B | $4.19B | $3.98B | $3.65B | $3.25B | $2.85B | $2.75B | $2.12B | $2.05B | $1.68B | |
| Short-term Debt | $68M | $677M | $12M | $32M | $811M | $361M | $279M | $1.47B | $1.55B | $1.23B | $270M | $616M | |
| Current Liabilities | $6.77B | $7.86B | $7.03B | $7.54B | $8.02B | $8.27B | $7.49B | $7.09B | $7.34B | $5.33B | $5.01B | $4.89B | |
| Capital Leases | $300M | $303M | $283M | $257M | $248M | $283M | $277M | $0 | · | · | · | · | |
| Deferred Tax | $2.27B | $2.10B | $2.20B | $2.11B | $2.22B | $2.12B | $1.95B | $2.03B | $2.00B | $1.72B | $1.40B | $1.45B | |
| Other Non-current Liabilities | $1.18B | $1.23B | $1.28B | $1.14B | $929M | $1.29B | $1.54B | $1.45B | $1.34B | $1.52B | $2.09B | $1.74B | |
| Total Liabilities | $22.64B | $23.86B | $21.82B | $20.75B | $20.30B | $21.46B | $21.91B | $22.19B | $23.36B | $16.22B | $15.56B | $15.66B | |
| Long-term Debt | $13.47B | $14.20B | · | · | $10.81B | $12.25B | $13.26B | $13.02B | $14.27B | $8.25B | $8.16B | $8.58B | |
| Total Debt | $13.54B | $677M | $12M | $32M | $811M | $361M | $279M | $1.47B | $1.55B | $1.23B | $270M | $616M | |
| Common Stock | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | |
| Retained Earnings | $20.51B | $21.92B | $20.97B | $19.84B | $18.53B | $17.07B | $15.98B | $15.00B | $14.46B | $13.14B | $12.62B | $11.99B | |
| Treasury Stock | $11.90B | $11.47B | $10.36B | $8.41B | $7.28B | $6.61B | $6.43B | $6.78B | $7.17B | $7.76B | $6.33B | $6.06B | |
| AOCI | $-2.52B | $-2.54B | $-2.52B | $-2.28B | $-1.97B | $-2.43B | $-2.91B | $-2.63B | $-2.43B | $-2.24B | $-2.61B | $-2.31B | |
| Stockholders' Equity | $7.37B | $9.20B | $9.40B | $10.45B | $10.54B | $9.47B | $8.06B | $7.05B | $6.14B | $4.33B | $4.93B | $5.00B | |
| Liabilities + Equity | $30.02B | $33.07B | $31.47B | $31.45B | $31.09B | $31.84B | $30.81B | $30.11B | $30.62B | $21.81B | $21.71B | $21.83B |
Cash Flow 19
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $555M | $539M | $553M | $547M | $570M | $601M | $595M | $620M | $619M | $604M | $608M | $588M | |
| Stock-based Comp | $79M | $92M | $95M | $112M | $99M | $90M | $95M | $85M | $77M | $96M | $90M | $106M | |
| Deferred Tax | $203M | $-121M | $-48M | $-22M | $62M | $119M | $-30M | $96M | $-504M | $184M | $121M | $25M | |
| Restructuring | · | · | · | · | · | $173M | $50M | $285M | $180M | $222M | $230M | $344M | |
| Other Non-cash | $938M | $306M | $217M | $-500M | $155M | $-322M | $1.63B | $246M | $1.06B | $-459M | $372M | $816M | |
| Operating Cash Flow | $2.17B | $2.92B | $3.30B | $2.78B | $3.32B | $2.98B | $3.68B | $2.81B | $2.84B | $2.42B | $2.76B | $2.54B | |
| CapEx | $540M | $625M | $774M | $690M | $569M | $531M | $461M | $538M | $623M | $684M | $729M | $712M | |
| Investing Cash Flow | $1.26B | $-1.79B | $-1.20B | $-346M | $-1.69B | $-513M | $-486M | $-556M | $-8.69B | $-647M | $93M | $-1.60B | |
| Debt Issued | $2.01B | $2.35B | $2.07B | $2.32B | $2.20B | $1.58B | $1.64B | $339M | $6.55B | $1.07B | $542M | $2.25B | |
| Net Debt Issued | $-818M | $1.05B | $1.16B | $903M | $-937M | $-1.03B | $241M | $-1.15B | $5.95B | $72M | $-458M | $1.11B | |
| Stock Issued | · | · | · | · | · | · | $0 | $0 | $970M | $0 | $0 | · | |
| Stock Repurchased | $500M | $1.20B | $2.00B | $1.40B | $877M | $301M | $3M | $1M | $602M | $1.65B | $607M | $1.16B | |
| Net Stock Activity | $-500M | $-1.20B | $-2.00B | $-1.40B | $-877M | $-301M | $-3M | $-1M | $368M | $-1.65B | $-607M | $-1.16B | |
| Dividends Paid | $1.32B | $1.34B | $1.36B | $1.29B | $1.24B | $1.25B | $1.20B | $1.18B | $1.14B | $1.14B | $1.07B | $1.02B | |
| Financing Cash Flow | $-3.31B | $-1.18B | $-2.27B | $-2.40B | $-2.50B | $-2.72B | $-1.94B | $-2.18B | $5.45B | $-1.75B | $-2.42B | $-1.38B | |
| Net Change in Cash | $128M | $-54M | $-168M | $16M | $-936M | $-173M | $1.23B | $51M | $-367M | $2M | $430M | $-533M | |
| Taxes Paid | $391M | $599M | $660M | $683M | $545M | $636M | $403M | $441M | $489M | $551M | $534M | $563M | |
| Free Cash Flow | $1.63B | $2.29B | $2.53B | $2.09B | $2.75B | $2.45B | $3.22B | $2.27B | $2.22B | $1.63B | $1.90B | $1.83B | |
| Levered FCF | · | $1.87B | $2.14B | $1.78B | $2.44B | $2.12B | $2.84B | $1.84B | $1.85B | $1.42B | $1.69B | $1.62B |
Profitability 7
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 4.8% | 17.0% | 168.4% | 175.4% | 162.8% | 143.7% | 16.8% | 14.9% | 15.9% | 16.4% | 16.4% | 11.8% | |
| Net Margin | -0.48% | 11.8% | 122.5% | 132.5% | 126.8% | 106.9% | 12.4% | 10.4% | 13.5% | 10.6% | 10.2% | 6.9% | |
| Pretax Margin | 2.2% | 14.5% | 148.6% | 160.4% | 150.4% | 130.5% | 14.8% | 12.3% | 13.6% | 14.5% | 14.5% | 10.0% | |
| EBITDA Margin | 7.8% | 19.7% | 195.5% | 203.4% | 189.6% | 171.1% | 20.1% | 18.6% | 19.9% | 20.3% | 20.0% | 15.1% | |
| ROA | -0.28% | 7.1% | 7.9% | 8.3% | 8.6% | 7.5% | 7.2% | 5.8% | 8.1% | 7.6% | 7.8% | 5.4% | |
| ROE | -1.1% | 24.7% | 25.2% | 24.7% | 27.1% | 26.7% | 28.9% | 26.6% | 40.7% | 35.8% | 34.2% | 21.2% | |
| ROIC | -0.09% | 26.7% | 29.3% | 26.4% | 25.0% | 24.9% | 28.9% | 24.3% | 31.8% | 32.8% | 35.7% | 24.7% |
Liquidity & Solvency 5
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.7 | 0.7 | 0.6 | 0.6 | 0.8 | 0.8 | 0.8 | |
| Quick Ratio | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | |
| Debt / Equity | 1.8 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.2 | 0.3 | 0.3 | 0.1 | 0.1 | |
| LT Debt / Equity | 1.7 | · | · | · | · | · | · | · | · | · | · | · | |
| Interest Coverage | · | 6.3 | 7.2 | 9.0 | 9.2 | 7.5 | 6.3 | 4.8 | 6.7 | 8.7 | 8.9 | 6.6 |
Efficiency 3
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.6 | 0.6 | 0.1 | 0.1 | 0.1 | 0.1 | 0.6 | 0.6 | 0.6 | 0.7 | 0.8 | 0.8 | |
| Inventory Turnover | 6.4 | 6.7 | 6.4 | 6.7 | 6.8 | 7.2 | 7.7 | 6.9 | 6.6 | 6.9 | 7.3 | 7.5 | |
| Receivables Turnover | 10.7 | 11.2 | 1.2 | 1.2 | 1.3 | 1.3 | 10.7 | 10.0 | 10.1 | 11.2 | 12.1 | 12.3 |
Growth Rates 10
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -5.5% | -1.9% | -1.2% | 841.5% | -2.5% | 7.0% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -2.9% | 109.0% | 108.5% | 114.2% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 53.1% | 57.0% | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | · | -4.9% | 0.00% | -2.5% | 16.9% | 6.2% | · | · | · | · | · | · | |
| EPS CAGR 3Y | · | -2.5% | 4.5% | 6.6% | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | · | 2.9% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | · | -8.1% | -3.8% | -4.2% | 15.7% | 7.3% | · | · | · | · | · | · | |
| Net Income CAGR 3Y | · | -5.4% | 2.2% | 5.9% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | · | 1.0% | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 1.1% | 2.3% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 6
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $18.42B | $19.49B | $19.86B | $20.09B | $2.13B | $2.19B | $2.05B | $2.04B | $15.74B | $15.62B | $16.56B | $17.63B | |
| Net Income TTM | $-88M | $2.30B | $2.50B | $2.59B | $2.71B | $2.34B | $2.18B | $1.75B | $2.13B | $1.66B | $1.70B | $1.22B | |
| P/E | -211.3 | 13.0 | 15.8 | 19.5 | 15.8 | 16.6 | 17.7 | 18.2 | 11.7 | 20.7 | 22.7 | 28.5 | |
| Earnings Yield | -0.47% | 7.7% | 6.3% | 5.1% | 6.3% | 6.0% | 5.7% | 5.5% | 8.5% | 4.8% | 4.4% | 3.5% | |
| Payout Ratio | -1501.5% | 58.3% | 54.6% | 49.6% | 46.0% | 53.3% | 54.8% | 67.4% | 53.5% | 68.5% | 63.1% | 83.3% | |
| Annual Payout | $1.32B | $1.34B | $1.36B | $1.29B | $1.24B | $1.25B | $1.20B | $1.18B | $1.14B | $1.14B | $1.07B | $1.02B |
Income Statement 14
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.61B | $4.44B | $4.86B | $4.52B | $4.56B | $4.84B | $5.24B | $4.85B | $4.71B | $5.10B | $5.14B | $4.90B | $5.03B | $5.13B | $5.22B | $4.72B | |
| Cost of Revenue | $3.01B | $3.07B | $3.17B | $2.98B | $3.08B | $3.20B | $3.31B | $3.16B | $3.03B | $3.39B | $3.37B | $3.13B | $3.30B | $3.46B | $3.52B | $3.27B | |
| Gross Profit | · | $1.37B | $1.69B | $1.53B | $1.47B | $1.64B | $1.93B | $1.69B | $1.69B | $1.71B | $1.77B | $1.77B | $1.73B | $1.66B | $1.71B | $1.45B | |
| SG&A Expense | $888M | $813M | $842M | $845M | $894M | $844M | $852M | $855M | $798M | $791M | $830M | $839M | $868M | $947M | $894M | $791M | |
| Operating Income | $-2.09B | $525M | $728M | $1.73B | $504M | $891M | $1.08B | $832M | $779M | $911M | $812M | $930M | $818M | $730M | $800M | $1.09B | |
| Interest Expense | · | $128M | $126M | $133M | $140M | $136M | $125M | $124M | $123M | $122M | $118M | $117M | $105M | $98M | $92M | $88M | |
| Pretax Income | $-2.23B | $412M | $618M | $1.61B | $377M | $769M | $967M | $722M | $677M | $808M | $714M | $830M | $737M | $654M | $730M | $1.02B | |
| Income Tax | $-240M | $100M | $144M | $411M | $69M | $152M | $195M | $157M | $136M | $149M | $136M | $173M | $141M | $108M | $147M | $216M | |
| Net Income | $-2.01B | $303M | $413M | $1.20B | $294M | $626M | $796M | $580M | $558M | $670M | $596M | $674M | $615M | $553M | $606M | $820M | |
| EPS (Basic) | $-3.73 | $0.57 | $0.78 | $2.22 | $0.53 | $1.14 | $1.43 | $1.03 | $0.98 | $1.18 | $1.03 | $1.15 | $1.04 | $0.94 | $1.01 | $1.37 | |
| EPS (Diluted) | $-3.72 | $0.56 | $0.78 | $2.22 | $0.53 | $1.12 | $1.42 | $1.03 | $0.98 | $1.17 | $1.02 | $1.14 | $1.03 | $0.92 | $1.01 | $1.35 | |
| Shares (Basic) | -1,076,600,000 | 536,600,000 | 536,400,000 | 541,300,000 | -1,115,500,000 | 552,600,000 | 556,900,000 | 560,500,000 | -1,160,400,000 | 569,500,000 | 580,100,000 | 586,300,000 | -1,193,800,000 | 592,500,000 | 595,900,000 | 600,200,000 | |
| Shares (Diluted) | -1,079,400,000 | 537,300,000 | 537,300,000 | 542,500,000 | -1,121,700,000 | 555,000,000 | 560,400,000 | 563,800,000 | -1,168,100,000 | 572,800,000 | 583,400,000 | 591,400,000 | -1,205,800,000 | 599,000,000 | 602,000,000 | 606,000,000 | |
| EBITDA | · | $525M | $728M | $1.86B | · | $891M | $1.08B | $971M | · | $911M | $812M | $1.07B | · | $730M | $800M | $1.22B |
Balance Sheet 28
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $454M | $786M | $683M | $953M | $364M | $521M | $2.29B | $468M | $418M | $589M | $594M | $491M | · | $619M | $644M | $594M | |
| Receivables | $1.65B | $1.86B | $1.89B | $1.80B | $1.80B | $1.79B | $1.78B | $1.84B | $1.70B | $1.77B | $1.76B | $1.79B | · | $1.77B | $1.83B | $1.73B | |
| Inventory | $1.92B | $1.76B | $2.05B | $2.05B | $1.91B | $1.81B | $1.97B | $2.00B | $1.90B | $1.83B | $2.17B | $2.23B | · | $2.08B | $2.12B | $2.09B | |
| Prepaid Expense | $600M | $490M | $444M | $431M | $465M | $402M | $458M | $505M | $568M | $467M | $527M | $596M | · | $644M | $731M | $719M | |
| Other Current Assets | $600M | · | · | · | $465M | · | · | · | $568M | · | · | · | · | · | · | · | |
| Current Assets | $4.62B | $4.89B | $5.07B | $5.24B | $5.28B | $5.26B | $7.38B | $4.81B | $4.58B | $4.65B | $5.05B | $5.11B | · | $5.12B | $5.33B | $5.13B | |
| PP&E (Net) | $3.44B | $3.49B | $3.51B | $3.58B | $3.63B | $3.46B | $3.46B | $3.78B | $3.86B | $3.64B | $3.60B | $3.59B | · | $3.35B | $3.36B | $3.36B | |
| PP&E (Gross) | $10.51B | · | · | · | $10.45B | · | · | · | $11.10B | · | · | · | · | · | · | · | |
| Accum. Depreciation | $7.07B | · | · | · | $6.81B | · | · | · | $7.24B | · | · | · | · | · | · | · | |
| Goodwill | $14.12B | $15.63B | $15.60B | $15.66B | $15.62B | $15.52B | $14.43B | $14.79B | $14.75B | $14.43B | $14.44B | $14.52B | $14.51B | $14.49B | $14.48B | $14.45B | |
| Intangibles | $6.72B | $7.03B | $7.02B | $7.09B | $7.08B | $7.06B | $6.74B | $6.98B | $6.98B | $6.96B | $6.96B | $6.97B | $6.97B | $6.97B | $6.97B | $6.98B | |
| Other Non-current Assets | $1.12B | $1.36B | $1.34B | $1.45B | $1.46B | $1.41B | $1.39B | $1.41B | $1.29B | $1.17B | $1.18B | $1.14B | · | $1.27B | $1.18B | $1.18B | |
| Total Assets | $30.02B | $32.40B | $32.55B | $33.02B | $33.07B | $32.71B | $33.40B | $31.77B | $31.47B | $30.86B | $31.23B | $31.32B | · | $31.20B | $31.32B | $31.11B | |
| Accounts Payable | $3.73B | $3.63B | $3.93B | $3.74B | $4.01B | $3.69B | $4.07B | $3.82B | $3.99B | $3.61B | $3.82B | $3.71B | · | $3.87B | $4.02B | $3.79B | |
| Short-term Debt | $68M | $837M | $17M | $22M | $677M | $407M | $264M | $249M | $12M | $687M | $799M | $584M | · | $960M | $1.15B | $992M | |
| Current Liabilities | $6.77B | $8.69B | $7.71B | $7.96B | $7.86B | $7.88B | $8.02B | $7.29B | $7.03B | $7.06B | $7.90B | $7.07B | · | $9.42B | $9.21B | $8.60B | |
| Capital Leases | $300M | · | · | · | $303M | · | · | · | $283M | · | · | · | · | · | · | · | |
| Deferred Tax | $2.27B | $2.13B | $2.09B | $2.06B | $2.10B | $2.26B | $2.23B | $2.20B | $2.20B | $2.02B | $2.03B | $2.08B | · | $2.15B | $2.19B | $2.26B | |
| Other Non-current Liabilities | $1.18B | $1.24B | $1.26B | $1.26B | $1.23B | $1.21B | $1.25B | $1.33B | $1.28B | $1.07B | $1.14B | $1.13B | · | $1.01B | $930M | $949M | |
| Total Liabilities | $22.64B | $23.05B | $23.22B | $23.50B | $23.86B | $23.19B | $23.95B | $22.24B | $21.82B | $21.17B | $21.60B | $20.80B | · | $20.72B | $20.95B | $20.28B | |
| Long-term Debt | $13.47B | · | · | · | $14.20B | · | · | · | · | · | · | · | · | $10.63B | $10.59B | $10.57B | |
| Total Debt | · | $837M | $17M | $22M | · | $407M | $264M | $249M | · | $687M | $799M | $584M | · | $11.59B | $11.74B | $11.56B | |
| Common Stock | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | $76M | · | $76M | $76M | $76M | |
| Retained Earnings | $20.51B | $22.53B | $22.55B | $22.79B | $21.92B | $21.64B | $21.34B | $21.21B | $20.97B | $20.42B | $20.08B | $20.16B | · | $19.23B | $18.99B | $19.03B | |
| Treasury Stock | $11.90B | $11.90B | $11.91B | $11.87B | $11.47B | $11.17B | $10.87B | $10.60B | $10.36B | $9.97B | $9.68B | $8.87B | · | $8.22B | $8.02B | $7.68B | |
| AOCI | $-2.52B | $-2.54B | $-2.57B | $-2.60B | $-2.54B | $-2.47B | $-2.52B | $-2.58B | $-2.52B | $-2.30B | $-2.30B | $-2.29B | · | $-2.04B | $-2.08B | $-2.00B | |
| Stockholders' Equity | $7.37B | $9.34B | $9.32B | $9.51B | $9.20B | $9.26B | $9.20B | $9.28B | $9.40B | $9.44B | $9.38B | $10.26B | · | $10.23B | $10.12B | $10.57B | |
| Liabilities + Equity | $30.02B | $32.40B | $32.55B | $33.02B | $33.07B | $32.71B | $33.40B | $31.77B | $31.47B | $30.86B | $31.23B | $31.32B | · | $31.20B | $31.32B | $31.11B |
Cash Flow 17
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $139M | $139M | $138M | $139M | $136M | $134M | $130M | $140M | $140M | $146M | $129M | $137M | $136M | $137M | $140M | $134M | |
| Stock-based Comp | $14M | $26M | $24M | $15M | $25M | $20M | $26M | $20M | $19M | $18M | $23M | $35M | $25M | $29M | $24M | $34M | |
| Deferred Tax | · | · | · | · | · | · | · | · | · | · | · | · | $49M | $-23M | $-57M | $9M | |
| Other Non-cash | · | · | · | $-902M | · | · | · | $-223M | · | · | · | $-925M | · | · | · | $-818M | |
| Operating Cash Flow | $552M | $398M | $819M | $397M | $612M | $532M | $1.15B | $624M | $864M | $943M | $1.12B | $378M | $752M | $826M | $812M | $389M | |
| CapEx | $184M | $102M | $144M | $110M | $220M | $104M | $161M | $140M | $288M | $192M | $152M | $142M | $338M | $125M | $136M | $91M | |
| Investing Cash Flow | $-175M | $-106M | $-156M | $1.69B | $-216M | $-1.27B | $-158M | $-148M | $-690M | $-191M | $-181M | $-136M | $-340M | $-131M | $-141M | $266M | |
| Debt Issued | $2.01B | $0 | · | · | $855M | $0 | · | · | $1.07B | $500M | · | · | $1.82B | $2M | $500M | $0 | |
| Net Debt Issued | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Stock Repurchased | $0 | $200.0K | $100.0K | $500M | $301M | $302M | $300M | $300M | $401M | $300M | $801M | $500M | $251M | $251M | $400M | $501M | |
| Net Stock Activity | · | · | · | $-500M | · | · | · | $-300M | · | · | · | $-500M | · | · | · | $-501M | |
| Dividends Paid | $328M | $328M | $328M | $331M | $330M | $333M | $338M | $338M | $335M | $337M | $342M | $348M | $320M | $320M | $323M | $325M | |
| Financing Cash Flow | $-671M | $-210M | $-927M | $-1.51B | $-570M | $-1.03B | $852M | $-429M | $-345M | $-754M | $-839M | $-334M | $-448M | $-725M | $-621M | $-609M | |
| Net Change in Cash | $-294M | $102M | $-270M | $589M | $-157M | $-1.77B | $1.82B | $50M | $-171M | $-5M | $103M | $-95M | $-33M | $-25M | $50M | $25M | |
| Taxes Paid | $44M | $115M | $207M | $25M | $155M | $192M | $233M | $19M | $198M | $255M | $193M | $14M | $144M | $173M | $356M | $9M | |
| Free Cash Flow | · | · | · | $288M | · | · | · | $484M | · | · | · | $236M | · | · | · | $298M | |
| Levered FCF | · | · | · | $189M | · | · | · | $387M | · | · | · | $144M | · | · | · | $229M |
Profitability 7
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | · | 11.8% | 15.0% | 38.2% | · | 18.4% | 20.6% | 17.2% | · | 17.9% | 15.8% | 19.0% | · | 14.2% | 15.3% | 23.0% | |
| Net Margin | · | 6.8% | 8.5% | 26.7% | · | 12.9% | 15.2% | 12.0% | · | 13.1% | 11.6% | 13.7% | · | 10.8% | 11.6% | 17.4% | |
| Pretax Margin | · | 9.3% | 12.7% | 35.6% | · | 15.9% | 18.5% | 14.9% | · | 15.8% | 13.9% | 16.9% | · | 12.8% | 14.0% | 21.6% | |
| EBITDA Margin | · | 11.8% | 15.0% | 41.3% | · | 18.4% | 20.6% | 20.0% | · | 17.9% | 15.8% | 21.8% | · | 14.2% | 15.3% | 25.9% | |
| ROA | · | 0.93% | 1.2% | 3.7% | · | 2.0% | 2.5% | 1.8% | · | 2.2% | 1.9% | 2.2% | · | 1.8% | 1.9% | 2.6% | |
| ROE | · | 3.3% | 4.5% | 12.8% | · | 6.7% | 8.6% | 5.9% | · | 6.8% | 6.1% | 6.5% | · | 5.5% | 6.2% | 8.1% | |
| ROIC | · | 3.9% | 6.0% | 13.5% | · | 7.4% | 9.1% | 6.8% | · | 7.3% | 6.5% | 6.8% | · | 2.8% | 2.9% | 3.9% |
Liquidity & Solvency 5
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | · | 0.6 | 0.7 | 0.7 | · | 0.7 | 0.9 | 0.7 | · | 0.7 | 0.6 | 0.7 | · | 0.5 | 0.6 | 0.6 | |
| Quick Ratio | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.5 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | |
| Debt / Equity | · | 0.1 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.1 | 0.1 | 0.1 | · | 1.1 | 1.2 | 1.1 | |
| LT Debt / Equity | · | · | · | · | · | · | · | · | · | · | · | · | · | 0.8 | 0.9 | 0.8 | |
| Interest Coverage | · | 4.1 | 5.8 | 13.0 | · | 6.5 | 8.7 | 6.7 | · | 7.5 | 6.9 | 7.9 | · | 7.4 | 8.7 | 12.4 |
Efficiency 3
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | · | 0.1 | 0.1 | 0.1 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.1 | |
| Inventory Turnover | · | 1.7 | 1.6 | 1.5 | · | 1.8 | 1.6 | 1.5 | · | 1.7 | 1.6 | 1.5 | · | 1.8 | 1.8 | 1.6 | |
| Receivables Turnover | · | 2.4 | 2.6 | 2.5 | · | 2.7 | 3.0 | 2.7 | · | 2.9 | 2.9 | 2.8 | · | 2.9 | 2.9 | 2.8 |
Valuation (TTM) 5
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | · | $18.37B | $18.78B | $19.16B | · | $19.64B | $19.90B | $19.80B | · | $20.27B | $20.39B | $19.97B | · | $19.60B | $19.50B | $18.82B | |
| Net Income TTM | · | $2.21B | $2.54B | $2.92B | · | $2.56B | $2.60B | $2.40B | · | $2.55B | $2.44B | $2.45B | · | $2.80B | $2.91B | $2.90B | |
| P/E | · | 10.9 | 10.4 | 9.5 | · | 13.4 | 14.1 | 16.9 | · | 15.0 | 15.9 | 16.7 | · | 17.4 | 17.3 | 16.0 | |
| Earnings Yield | · | 9.2% | 9.6% | 10.5% | · | 7.5% | 7.1% | 5.9% | · | 6.7% | 6.3% | 6.0% | · | 5.8% | 5.8% | 6.2% | |
| Payout Ratio | · | · | · | 27.5% | · | · | · | 58.2% | · | · | · | 51.7% | · | · | · | 39.6% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2026-05-31 | 2025-05-25 | 2024-05-26 | 2023-05-28 | 2022-05-29 | |
|---|---|---|---|---|---|
| Revenue | $18.42B | $19.49B | $19.86B | $20.09B | $2.13B |
| Operating Margin % | 4.8% | 17.0% | 168.4% | 175.4% | 162.8% |
| Net Income | $-88M | $2.30B | $2.50B | $2.59B | $2.71B |
| Diluted EPS | $-0.16 | $4.10 | $4.31 | $4.31 | $4.42 |
Balance Sheet
| 2026-05-31 | 2025-05-25 | 2024-05-26 | 2023-05-28 | 2022-05-29 | |
|---|---|---|---|---|---|
| Debt / Equity | 1.8 | 0.1 | 0.0 | 0.0 | 0.1 |
| Current Ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 |
| Quick Ratio | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
Cash Flow
| 2026-05-31 | 2025-05-25 | 2024-05-26 | 2023-05-28 | 2022-05-29 | |
|---|---|---|---|---|---|
| Free Cash Flow | $1.63B | $2.29B | $2.53B | $2.09B | $2.75B |
Latest News Recent headlines mentioning this company
- Morgan Stanley Cuts General Mills (GIS) Forecast Again Amid Inflation Concerns
- Global Payments Takes Over #396 Spot From General Mills
- General Mills To Sell Hagen-Dazs Shops In China For Undisclosed Sum
- General Mills (GIS) Faces Lower Price Target as BofA Revises Industry Outlook
- ABB Commits $200 Million to Expand Europe Grid Equipment Capacity
- History Suggests These 3 Stocks Are Due for a Major Rebound
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Institutional owners (13F) 1,485 filers · $9.8B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 181 (+18 vs prior Q) | 135 (-71 vs prior Q) | 508 (+21 vs prior Q) | 436 (-21 vs prior Q) | +57.4M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $1,212,051,149 | 34,829,056 | 12.40% | Shares |
| STATE STREET CORP | $1,183,335,859 | 34,003,904 | 12.11% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $928,143,562 | 26,670,792 | 9.50% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $494,315,291 | 14,261,093 | 5.06% | Shares |
| NORGES BANK | $313,266,746 | 9,001,918 | 3.21% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $216,072,064 | 6,086,537 | 2.21% | Shares |
| FIRST TRUST ADVISORS LP | $153,727,603 | 4,417,460 | 1.57% | Shares |
| HighTower Advisors, LLC | $144,098,869 | 4,140,772 | 1.47% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $126,337,345 | 3,630,385 | 1.29% | Shares |
| Diamond Hill Capital Management, LLC (Investment Advisor) | $126,097,104 | 3,623,480 | 1.29% | Shares |
| Swedbank AB | $118,418,693 | 3,402,836 | 1.21% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $104,285,647 | 2,996,714 | 1.07% | Shares |
| TWO SIGMA ADVISERS, LP | $103,804,787 | 2,232,361 | 1.06% | Shares |
| Lion Street Advisors, LLC | $100,513,129 | 1,626,426 | 1.03% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $97,944,600 | 2,814,500 | 1.00% | Call option |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $91,742,788 | 2,636,287 | 0.94% | Shares |
| WORLDQUANT MILLENNIUM ADVISORS LLC | $90,320,825 | 2,595,426 | 0.92% | Shares |
| BlackRock, Inc. | $86,418,388 | 2,483,287 | 0.88% | Shares |
| PRUDENTIAL FINANCIAL INC | $78,791,550 | 2,264,125 | 0.81% | Shares |
| Gotham Asset Management, LLC | $78,721,184 | 2,262,103 | 0.81% | Shares |
| GOLDMAN SACHS GROUP INC | $74,093,968 | 2,129,137 | 0.76% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $73,626,360 | 2,115,700 | 0.75% | Put option |
| JANE STREET GROUP, LLC | $65,458,800 | 1,881,000 | 0.67% | Call option |
| MILLENNIUM MANAGEMENT LLC | $61,383,024 | 1,763,880 | 0.63% | Shares |
| JANE STREET GROUP, LLC | $61,241,040 | 1,759,800 | 0.63% | Put option |
| INTEGRITY ALLIANCE, LLC. | $56,588,076 | 1,626,094 | 0.58% | Shares |
| Robeco Institutional Asset Management B.V. | $56,565,695 | 1,625,451 | 0.58% | Shares |
| Compagnie Lombard Odier SCmA | $53,002,523 | 1,523,061 | 0.54% | Shares |
| Swiss National Bank | $52,384,440 | 1,505,300 | 0.54% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $50,688,914 | 1,456,578 | 0.52% | Shares |
| Quantinno Capital Management LP | $49,525,229 | 1,423,138 | 0.51% | Shares |
| Legal & General Group Plc | $48,920,657 | 1,405,766 | 0.50% | Shares |
| BANK OF AMERICA CORP /DE/ | $48,805,664 | 1,402,462 | 0.50% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $46,725,648 | 1,342,619 | 0.48% | Shares |
| RHUMBLINE ADVISERS | $43,256,651 | 1,243,010 | 0.44% | Shares |
| AVIVA PLC | $42,379,162 | 1,217,792 | 0.43% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $42,221,761 | 1,213,269 | 0.43% | Shares |
| Vanguard Global Advisers, LLC | $40,092,245 | 1,152,076 | 0.41% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $39,576,544 | 1,137,257 | 0.41% | Shares |
| BARCLAYS PLC | $39,290,486 | 1,129,037 | 0.40% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $36,972,007 | 1,062,414 | 0.38% | Shares |
| US BANCORP \DE\ | $36,454,148 | 1,047,533 | 0.37% | Shares |
| PFA Pension, Forsikringsaktieselskab | $35,510,592 | 1,020,419 | 0.36% | Shares |
| California Public Employees Retirement System | $34,711,156 | 997,447 | 0.36% | Shares |
| ALLIANCEBERNSTEIN L.P. | $33,800,264 | 908,121 | 0.35% | Shares |
| Grantham, Mayo, Van Otterloo & Co. LLC | $33,204,176 | 954,143 | 0.34% | Shares |
| ASSETMARK, INC | $31,974,028 | 918,794 | 0.33% | Shares |
| LPL Financial LLC | $31,501,109 | 905,204 | 0.32% | Shares |
| CITADEL ADVISORS LLC | $30,516,120 | 876,900 | 0.31% | Put option |
| KLP KAPITALFORVALTNING AS | $29,493,626 | 847,518 | 0.30% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $28,110,368 | 755,249 | 0.29% | Shares |
| ALPS ADVISORS INC | $27,819,364 | 799,407 | 0.28% | Shares |
| Balyasny Asset Management L.P. | $26,970,000 | 775,000 | 0.28% | Put option |
| CITADEL ADVISORS LLC | $26,747,280 | 768,600 | 0.27% | Call option |
| BANK OF MONTREAL /CAN/ | $26,551,565 | 762,976 | 0.27% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $26,313,894 | 753,097 | 0.27% | Shares |
| Point72 Asset Management, L.P. | $24,227,760 | 696,200 | 0.25% | Call option |
| WELLS FARGO & COMPANY/MN | $22,550,400 | 648,000 | 0.23% | Put option |
| Philip James Wealth Mangement, LLC | $22,411,165 | 643,999 | 0.23% | Shares |
| TD Asset Management Inc | $22,396,236 | 643,570 | 0.23% | Shares |
| Ensign Peak Advisors, Inc | $22,093,824 | 634,880 | 0.23% | Shares |
| Wealthfront Advisers LLC | $21,341,675 | 613,267 | 0.22% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $21,157,050 | 587,533 | 0.22% | Shares |
| WELLS FARGO & COMPANY/MN | $20,930,390 | 601,448 | 0.21% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $20,344,323 | 584,607 | 0.21% | Shares |
| Squarepoint Ops LLC | $20,058,720 | 576,400 | 0.21% | Call option |
| Mirae Asset Global Investments Co., Ltd. | $19,983,552 | 574,240 | 0.20% | Shares |
| CAPITAL ADVISORS INC/OK | $19,707,093 | 566,296 | 0.20% | Shares |
| CWM, LLC | $19,643,463 | 527,766 | 0.20% | Shares |
| COMMONWEALTH EQUITY SERVICES, LLC | $19,063,453 | 547,800 | 0.20% | Shares |
| Man Group plc | $18,931,687 | 544,014 | 0.19% | Shares |
| Focus Partners Wealth | $18,694,242 | 537,205 | 0.19% | Shares |
| EDMOND DE ROTHSCHILD HOLDING S.A. | $18,648,868 | 535,887 | 0.19% | Shares |
| ADVOCATE GROUP LLC | $18,601,429 | 534,524 | 0.19% | Shares |
| FRANKLIN RESOURCES INC | $18,244,596 | 524,270 | 0.19% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $17,858,977 | 513,189 | 0.18% | Shares |
| AMERIPRISE FINANCIAL INC | $17,810,198 | 511,787 | 0.18% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $17,777,148 | 510,838 | 0.18% | Shares |
| Clear Trail Advisors, LLC | $17,634,101 | 506,727 | 0.18% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $17,522,670 | 503,525 | 0.18% | Shares |
| Balyasny Asset Management L.P. | $17,400,000 | 500,000 | 0.18% | Call option |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $16,728,955 | 490,177 | 0.17% | Shares |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $16,719,938 | 480,458 | 0.17% | Shares |
| PNC Financial Services Group, Inc. | $16,685,138 | 479,458 | 0.17% | Shares |
| RAYMOND JAMES FINANCIAL INC | $16,513,554 | 474,527 | 0.17% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $16,034,309 | 460,756 | 0.16% | Shares |
| APG Asset Management N.V. | $15,972,387 | 524,748 | 0.16% | Shares |
| Capital World Investors | $15,883,625 | 456,426 | 0.16% | Shares |
| BARCLAYS PLC | $15,660,000 | 450,000 | 0.16% | Put option |
| CAPITAL FUND MANAGEMENT S.A. | $15,402,480 | 442,600 | 0.16% | Call option |
| ENVESTNET ASSET MANAGEMENT INC | $14,926,444 | 428,921 | 0.15% | Shares |
| Mitsubishi UFJ Trust & Banking Corp | $14,696,875 | 422,324 | 0.15% | Shares |
| CITADEL ADVISORS LLC | $14,455,224 | 415,380 | 0.15% | Shares |
| KORNITZER CAPITAL MANAGEMENT INC /KS | $14,406,400 | 413,977 | 0.15% | Shares |
| National Pension Service | $14,288,880 | 410,600 | 0.15% | Shares |
| UBS Group AG | $14,066,264 | 404,203 | 0.14% | Shares |
| Caption Management, LLC | $13,920,000 | 400,000 | 0.14% | Put option |
| OLD NATIONAL BANCORP /IN/ | $13,692,060 | 393,450 | 0.14% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $13,509,290 | 388,198 | 0.14% | Shares |
| CIBC Asset Management Inc | $13,460,048 | 386,783 | 0.14% | Shares |
Company insiders 79 insiders · 44 officers · 35 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Jeffrey L Harmening | Chairman of the Board & CEO | July 6, 2026 A | 454,169 | 0 | 0 | $0 |
| Donal Mulligan | Chief Financial Officer | July 15, 2019 F | 219,259 | 0 | 0 | $0 |
| James A Lawrence | Vice Chairman, CFO | June 25, 2007 A | 157,279 | 0 | 0 | $0 |
| Elizabeth Mascolo | Segment President | July 6, 2026 A | 41,428 | 0 | 0 | $0 |
| Pankaj Mn Sharma | Segment President | July 6, 2026 A | 47,045 | 0 | 0 | $0 |
| Ricardo Fernandez | Segment President | July 6, 2026 A | 82,600 | 0 | 1 | $-275,828 |
| Jonathon Nudi | Group President | June 30, 2025 A | 17,700 | 0 | 0 | $0 |
| Sean N Walker | Group President | Jan. 1, 2024 F | 100,633 | 0 | 0 | $0 |
| Bethany C. Quam | Group President, Pet | June 30, 2023 A | 55,363 | 0 | 0 | $0 |
| Shawn P Ogrady | Group President | June 30, 2023 A | 86,444 | 0 | 0 | $0 |
| William W Bishop JR | Group President, Pet | June 25, 2019 A | 7,927 | 0 | 0 | $0 |
| Christina Law | Group President | June 26, 2018 A | 51,452 | 0 | 0 | $0 |
| Olivier Faujour | Group President | June 27, 2017 A | 23,114 | 0 | 0 | $0 |
| Dana M Mcnabb | Chief Operating Officer | July 6, 2026 A | 92,881 | 0 | 0 | $0 |
| Jacqueline Williams-Roll | Chief Human Resources Officer | July 7, 2026 G | 76,339 | 0 | 3 | $-882,560 |
| Jonathan David Ness | Chief Supply Chain Officer | July 6, 2026 A | 20,498 | 0 | 0 | $0 |
| Werner Lanette Shaffer | Chief Innovation Officer | July 6, 2026 A | 38,043 | 0 | 0 | $0 |
| Jaime Montemayor | Chief Technology Officer | July 6, 2026 A | 179,672 | 0 | 0 | $0 |
| Mark A Pallot | Chief Accounting Officer | July 6, 2026 A | 20,446 | 0 | 0 | $0 |
| Asheesh Saksena | Chief S&G Officer | July 6, 2026 A | 26,009 | 0 | 0 | $0 |
| Karen Wilson Thissen | General Counsel & Secretary | July 6, 2026 A | 95,494 | 0 | 0 | $0 |
| Paul Joseph Gallagher | Chief Supply Chain Officer | Jan. 6, 2026 A | 59,974 | 0 | 1 | $-72,225 |
| Jodi J Benson | Chief Innovation Officer | May 12, 2023 S | 35,491 | 0 | 0 | $0 |
| John R Church | Chief T&E Services Officer | Dec. 22, 2021 M | 18,693 | 0 | 0 | $0 |
| Ivan Pollard | Chief Marketing Officer | Aug. 1, 2020 F | 28,180 | 0 | 0 | $0 |
| Peter C Erickson | Chief Innovation Officer | July 16, 2018 M | 76,721 | 0 | 0 | $0 |
| Kendall J Powell | Executive Chairman | Dec. 21, 2017 G | 592,763 | 0 | 0 | $0 |
| Jerald A Young | Vice President | June 27, 2017 A | 3,507 | 0 | 0 | $0 |
| Kimberly A Nelson | Senior Vice President | June 27, 2017 A | 73,749 | 0 | 0 | $0 |
| Christopher D Oleary | Executive Vice President | July 1, 2016 F | 238,196 | 0 | 0 | $0 |
| Michael Lee Davis | Executive Vice President | June 28, 2014 M | 186,885 | 0 | 0 | $0 |
| Roderick A Palmore | Executive Vice President | June 28, 2014 M | 190,362 | 0 | 0 | $0 |
| BELTON Y MARC | Executive Vice President | June 28, 2014 M | 277,418 | 0 | 0 | $0 |
| Richard O Lund | Vice President | Aug. 8, 2011 G | 58,446 | 0 | 0 | $0 |
| SHEA CHRISTINA L | EVP, Ext Rel & Pres, GM Found | June 28, 2011 A | 151,120 | 0 | 0 | $0 |
| Jeffrey J Rotsch | EVP, Worldwide Sales & Channel | June 28, 2010 A | 408,847 | 0 | 0 | $0 |
| Michael A Peel | EVP, HR & Business Svcs | Aug. 8, 2008 M | 280,354 | 0 | 0 | $0 |
| Kenneth L Thome | SVP, Deputy Chief Fin Officer | July 22, 2008 M | 149,412 | 0 | 0 | $0 |
| Randy G Darcy | EVP, WW Oper & Technology | June 23, 2008 A | 127,595 | 0 | 0 | $0 |
| Stephen W Sanger | Chairman of the Board | May 15, 2008 M | 1,289,993 | 0 | 0 | $0 |
| Siri S Marshall | SVP, Gen Counsel, Chief Gov | Dec. 15, 2007 F | 86,433 | 0 | 0 | $0 |
| Rory A M Delaney | Senior Vice President | June 27, 2005 A | 39,143 | 0 | 0 | $0 |
| Stephen R Demeritt | Vice Chairman | April 15, 2005 S | 169,043 | 0 | 0 | $0 |
| Raymond G Viault | Vice Chairman | July 1, 2004 A | 69,892 | 0 | 0 | $0 |
| Joan Bottarini | Director | May 31, 2026 A | — | 0 | 0 | $0 |
| Jorge A. Uribe | Director | May 31, 2026 F | 40,684 | 0 | 0 | $0 |
| Maria Henry | Director | May 31, 2026 A | 52,302 | 0 | 0 | $0 |
| John G Morikis | Director | May 31, 2026 A | 19,849 | 0 | 0 | $0 |
| Stephen A Odland | Director | May 31, 2026 A | 184,839 | 0 | 0 | $0 |
| Jo Ann Jenkins | Director | Sept. 30, 2025 A | 20,602 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| General Mills, Inc., The Pillsbury Company, LLC | Nov. 9, 2010 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 196 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| MDPL · Northern Lights Fund Trust IV | 3.32% | 59,659 NS | May 31, 2026 | N-PORT |
| RSPS · Invesco Exchange-Traded Fund Trust | 3.14% | 210,499 SH | Aug. 8, 2026 | Daily |
| FXG · First Trust Exchange-Traded AlphaDE… | 3.10% | 214,492 NS | April 30, 2026 | N-PORT |
| SPHD · Invesco Exchange-Traded Fund Trust … | 2.97% | 2,754,388 SH | Aug. 8, 2026 | Daily |
| TBG · EA Series Trust | 2.32% | 150,793 NS | April 30, 2026 | N-PORT |
| SDOG · ALPS ETF Trust | 1.62% | 662,931 NS | May 31, 2026 | N-PORT |
| DVY · iShares Trust | 1.50% | 9,744,633 SH | Aug. 8, 2026 | Daily |
| LYLD · Cambria ETF Trust | 1.40% | 2,391 NS | April 30, 2026 | N-PORT |
| VALQ · AMERICAN CENTURY ETF TRUST | 0.95% | 98,144 NS | May 31, 2026 | N-PORT |
| NUMV · Nushares ETF Trust | 0.91% | 110,604 NS | April 30, 2026 | N-PORT |
| IYK · iShares Trust | 0.88% | 345,569 SH | Aug. 8, 2026 | Daily |
| YALL · Tidal Trust I | 0.87% | 24,964 NS | May 31, 2026 | N-PORT |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.83% | 304,105 NS | April 30, 2026 | N-PORT |
| PAWZ · ProShares Trust | 0.81% | 7,809 NS | May 31, 2026 | N-PORT |
| VDC · VANGUARD WORLD FUND | 0.78% | 2,058,206 SH | Aug. 8, 2026 | Daily |
| HIDV · AB Active ETFs, Inc. | 0.77% | 43,977 NS | May 31, 2026 | N-PORT |
| FSTA · FIDELITY COVINGTON TRUST | 0.70% | 286,077 NS | April 30, 2026 | N-PORT |
| QUVU · Hartford Funds Exchange-Traded Trust | 0.70% | 34,208 NS | April 30, 2026 | N-PORT |
| UGE · ProShares Trust | 0.66% | 2,274 NS | May 31, 2026 | N-PORT |
| ALTL · Pacer Funds Trust | 0.64% | 17,318 NS | April 30, 2026 | N-PORT |
| GXPS · Global X Funds | 0.61% | 10,753 NS | May 31, 2026 | N-PORT |
| KXI · iShares Trust | 0.50% | 147,985 SH | Aug. 8, 2026 | Daily |
| AUSF · Global X Funds | 0.48% | 119,822 NS | May 31, 2026 | N-PORT |
| QQWZ · Pacer Funds Trust | 0.47% | 6,235 NS | April 30, 2026 | N-PORT |
| COWZ · Pacer Funds Trust | 0.47% | 2,417,488 NS | April 30, 2026 | N-PORT |
| SCHD · SCHWAB STRATEGIC TRUST | 0.45% | 12,737,520 NS | May 31, 2026 | N-PORT |
| BSCS · Invesco Exchange-Traded Self-Indexe… | 0.45% | 15,726,000 | Aug. 8, 2026 | Daily |
| RCGE · EA Series Trust | 0.44% | 11,806 NS | April 30, 2026 | N-PORT |
| QLV · FlexShares Trust | 0.42% | 20,202 NS | April 30, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.41% | 16,040 NS | April 30, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.39% | 165,031 NS | April 30, 2026 | N-PORT |
| CVAR · ETF Opportunities Trust | 0.38% | 4,219 NS | April 30, 2026 | N-PORT |
| EVUS · iShares Trust | 0.38% | 39,171 SH | Aug. 8, 2026 | Daily |
| ITAN · EA Series Trust | 0.35% | 9,161 NS | May 29, 2026 | N-PORT |
| SUSA · iShares Trust | 0.34% | 392,619 SH | Aug. 8, 2026 | Daily |
| SIXL · EXCHANGE TRADED CONCEPTS TRUST | 0.34% | 18,723 NS | May 31, 2026 | N-PORT |
| GMOV · GMO ETF Trust | 0.31% | 8,257 NS | May 31, 2026 | N-PORT |
| IMCV · iShares Trust | 0.27% | 85,340 SH | Aug. 8, 2026 | Daily |
| SPXD · DBX ETF Trust | 0.24% | 479 NS | May 31, 2026 | N-PORT |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.23% | 28,748 NS | April 30, 2026 | N-PORT |
| DIVB · iShares Trust | 0.23% | 111,551 SH | Aug. 8, 2026 | Daily |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.23% | 28,240 NS | April 30, 2026 | N-PORT |
| HDUS · Lattice Strategies Trust | 0.22% | 11,139 NS | April 30, 2026 | N-PORT |
| ACWV · iShares, Inc. | 0.22% | 202,466 SH | Aug. 8, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.22% | 256,000 | Aug. 8, 2026 | Daily |
| EQIN · Columbia ETF Trust I | 0.20% | 16,034 NS | April 30, 2026 | N-PORT |
| RSP · Invesco Exchange-Traded Fund Trust | 0.20% | 5,487,762 SH | Aug. 8, 2026 | Daily |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.20% | 5,462,000 | Aug. 8, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.20% | 3,888,255 SH | Aug. 8, 2026 | Daily |
| SIZE · iShares Trust | 0.20% | 24,144 SH | Aug. 8, 2026 | Daily |