General Mills Inc (0R1X.L) Q1 2026 Earnings Report

Revenue: $4.5175B, YoY -6.82%, QoQ -0.85%
EBITDA: $1.7258B, Margin ~38.2%
Operating Income: $1.7258B, Margin ~38.2%
Net Income: $1.2042B, Margin ~26.7%
EPS: $2.22, YoY +115.5%, QoQ +318.9%
Tax expense: $403.9M; Income Before Tax: $1.6081B; Net margin: 26.66%
Cash Flow: Operating cash flow $397.0M; Free cash flow $397.0M; Net change in cash $589.0M; Cash at end: $952.9M
Balance Sheet: Total assets $33.0156B; Total liabilities $23.4967B; Total stockholders’ equity $9.5066B; Cash and equivalents $952.9M; Goodwill $15.6602B; Intangibles $7.0873B; Total debt $14.407B; Net debt $13.4541B
Liquidity/Leverage: Current assets $5.2398B; Current liabilities $7.9596B; Short-term debt $2.1886B; Long-term debt $12.2184B; Current ratio ~0.66 (based on reported figures); Net debt to EBITDA not disclosed in the data (leverage remains elevated).