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| 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 |