General Mills (GIS) Deferred Taxes (2009 - 2026)
General Mills (GIS) posted Deferred Taxes of $63.8 million for Q2 2026, down 27.33% sequentially from $87.8 million in Q1 2026, and up 159.4% YoY from $24.6 million in Q2 2025.
General Mills (GIS) Deferred Taxes (2009 - 2026) Analysis & Trends
General Mills has reported Deferred Taxes for 18 years, with the latest figure at $63.8 million in Q2 2026.
- Quarterly Deferred Taxes rose 159.4% year-over-year to $63.8 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $203.2 million (up 268.07% YoY) and the FY2026 annual result came in at $203.2 million, up 268.07% from the prior year.
- Deferred Taxes slipped to $63.8 million in Q2 2026 per GIS's latest filing, from $87.8 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $87.8 million in Q1 2026 and troughed at -$107.4 million in Q2 2025.
- A 5-year average of $966666.7 and a median of $3.6 million in 2022 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2025 and 2026: Deferred Taxes slumped 390.27% in 2025, then soared 4490.0% in 2026.
- Over 5 years, Deferred Taxes stood at -$57.3 million in 2022, then grew by 22.86% to -$44.2 million in 2023, then jumped by 37.33% to -$27.7 million in 2024, then soared by 250.18% to $41.6 million in 2025, then jumped by 53.37% to $63.8 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $63.8 million, $87.8 million, and $41.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.32 Bn | 27.64 Bn | 2.03 Bn | -1.20 Bn |
| 2 | General Mills | 21.40 Bn | 20.94 Bn | 1.60 Bn | 63.80 Mn |
| 3 | Mccormick | 14.95 Bn | 14.62 Bn | 778.20 Mn | -3.80 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | - |
| 5 | J M Smucker | 13.24 Bn | 13.19 Bn | 862.10 Mn | -91.50 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | -7.84 Mn |
| 7 | Magnum Ice Cream | 12.19 Bn | 11.47 Bn | - | - |
| 8 | Darling Ingredients | 10.48 Bn | 10.32 Bn | 503.37 Mn | 91.25 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | - |
| 10 | Conagra Brands | 7.85 Bn | 7.63 Bn | 704.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 63.80 Mn |
| Feb 22, 2026 | 87.80 Mn |
| Nov 23, 2025 | 41.60 Mn |
| Aug 24, 2025 | 10.00 Mn |
| May 25, 2025 | -107.40 Mn |
| Feb 23, 2025 | -2.00 Mn |
| Nov 24, 2024 | -27.70 Mn |
| Aug 25, 2024 | 16.20 Mn |
| May 26, 2024 | 37.00 Mn |
| Feb 25, 2024 | -26.80 Mn |
| Nov 26, 2023 | -44.20 Mn |
| Aug 27, 2023 | -14.50 Mn |
| May 28, 2023 | 49.00 Mn |
| Feb 26, 2023 | -23.10 Mn |
| Nov 27, 2022 | -57.30 Mn |
| Aug 28, 2022 | 9.20 Mn |
| May 29, 2022 | -19.10 Mn |
| Feb 27, 2022 | 24.90 Mn |
| Nov 28, 2021 | 36.80 Mn |
| Aug 29, 2021 | 19.60 Mn |