General Mills GIS
NYSE GIS
$39.83 +0.22 (+0.54%)
As of: Aug 21, 2026 · 11:22 AM EDT

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 30.36 Bn 27.68 Bn 2.03 Bn -
2 General Mills 21.44 Bn 20.98 Bn 1.60 Bn -
3 Mccormick 15.10 Bn 14.77 Bn 778.20 Mn -
4 Jbs 14.85 Bn 11.38 Bn 4.91 Bn 122.92 Mn
5 J M Smucker 13.26 Bn 13.20 Bn 862.10 Mn -
6 Hormel Foods 13.21 Bn 12.35 Bn 518.51 Mn 3.06 Mn
7 Magnum Ice Cream 12.11 Bn 11.39 Bn - 91.83 Mn
8 Darling Ingredients 10.62 Bn 10.46 Bn 503.37 Mn 23.42 Mn
9 Smithfield Foods 8.76 Bn 7.41 Bn 478.00 Mn -
10 Conagra Brands 7.85 Bn 7.63 Bn 704.10 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