General Mills (GIS) Current Taxes (2010 - 2022)

General Mills (GIS) reported Current Taxes of $31.4 million for Q2 2022, down 16.04% on a YoY basis from $37.4 million in Q2 2021, and down 16.04% sequentially from $37.4 million in Q2 2021.

General Mills (GIS) Current Taxes (2010 - 2022) Analysis & Trends

General Mills (GIS) has 13 years of Current Taxes data on file, last reported at $31.4 million in Q2 2022.

  • For the quarter ending Q2 2022, Current Taxes fell 16.04% year-over-year to $31.4 million; the trailing twelve-month figure through May 2022 stood at $31.4 million (down 16.04% YoY), and the FY2022 full-year result was $31.4 million, down 16.04% from the prior year.
  • Current Taxes declined to $31.4 million in Q2 2022, from $37.4 million in the prior quarter.
  • In the past five years, Current Taxes ranged from a high of $94.8 million in Q2 2018 to a low of $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.
  • Across the five-year window, Current Taxes slumped 60.44% in 2019 and soared 114.13% in 2020, its largest moves.
  • Tracing GIS's Current Taxes over 5 years: stood at $94.8 million in 2018, then tumbled by 60.44% to $37.5 million in 2019, then soared by 114.13% to $80.3 million in 2020, then plunged by 53.42% to $37.4 million in 2021, then slipped by 16.04% to $31.4 million in 2022.
  • Business Quant data shows GIS's Current Taxes at $31.4 million in Q2 2022, $37.4 million in Q2 2021, and $80.3 million in Q2 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn -
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn -
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 3.06 Mn
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn -
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - 48.89 Mn
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn -
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 17.69 Mn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn -
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn 132.73 Mn

Historic Data

Download Data
DateValue
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