General Mills (GIS) Current Taxes (2010 - 2022)
General Mills (GIS) posted Current Taxes of $31.4 million for Q2 2022, down 16.04% sequentially from $37.4 million in Q2 2021, and down 16.04% YoY from $37.4 million in Q2 2021.
General Mills (GIS) Current Taxes (2010 - 2022) Analysis & Trends
General Mills has reported Current Taxes for 13 years, with the latest figure at $31.4 million in Q2 2022.
- Quarterly Current Taxes fell 16.04% year-over-year to $31.4 million in Q2 2022, while the trailing twelve-month figure through May 2022 was $31.4 million (down 16.04% YoY) and the FY2022 annual result came in at $31.4 million, down 16.04% from the prior year.
- Current Taxes declined to $31.4 million in Q2 2022 per GIS's latest filing, from $37.4 million in the prior quarter.
- Over five years, Current Taxes peaked at $94.8 million in Q2 2018 and troughed at $31.4 million in Q2 2022.
- A 5-year average of $56.3 million and a median of $37.5 million in 2019 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2019 and 2020: Current Taxes plunged 60.44% in 2019, then surged 114.13% in 2020.
- Over 5 years, Current Taxes stood at $94.8 million in 2018, then slumped by 60.44% to $37.5 million in 2019, then soared by 114.13% to $80.3 million in 2020, then tumbled by 53.42% to $37.4 million in 2021, then fell by 16.04% to $31.4 million in 2022.
- According to Business Quant data, Current Taxes over the past three periods registered $31.4 million, $37.4 million, and $80.3 million for Q2 2022, Q2 2021, and Q2 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | - |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | - |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 122.92 Mn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 3.06 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | - |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | 91.83 Mn |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 23.42 Mn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | - |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 29, 2022 | 31.40 Mn |
| May 30, 2021 | 37.40 Mn |
| May 31, 2020 | 80.30 Mn |
| May 26, 2019 | 37.50 Mn |
| May 27, 2018 | 94.80 Mn |
| May 28, 2017 | 58.00 Mn |
| May 29, 2016 | 110.50 Mn |
| May 31, 2015 | 20.70 Mn |
| May 25, 2014 | 63.10 Mn |
| May 26, 2013 | 88.00 Mn |
| May 27, 2012 | 39.20 Mn |
| May 29, 2011 | 80.40 Mn |
| May 30, 2010 | 440.20 Mn |