General Mills GIS
NYSE GIS
$35.85 -0.11 (-0.32%)
As of: Sep 11, 2026 · 3:59 PM EDT

General Mills (GIS) Non-Current Deferred Tax Liability (2009 - 2026)

General Mills' (GIS) quarterly Non-Current Deferred Tax Liability came in at $2.6 billion in Q2 2026, down 7.4% year-over-year from $2.8 billion in Q2 2025, and up 23.21% quarter-over-quarter from $2.1 billion in Q1 2026.

Analysis

General Mills (GIS) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends

General Mills has disclosed Non-Current Deferred Tax Liability across 18 years of filings, most recently posting $2.6 billion for Q2 2026.

  • In Q2 2026, Non-Current Deferred Tax Liability fell 7.4% year-over-year to $2.6 billion; the TTM figure through May 2026 stood at $2.6 billion (down 7.4% YoY), while the FY2026 annual figure was $2.6 billion, down 7.4% from the prior year.
  • Non-Current Deferred Tax Liability came in at $2.6 billion for Q2 2026 at General Mills, up from $2.1 billion in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $2.8 billion in Q2 2025 to a low of $2.0 billion in Q1 2024.
  • Average Non-Current Deferred Tax Liability over 5 years is $2.3 billion, with a median of $2.2 billion recorded in 2022.
  • Year-over-year, Non-Current Deferred Tax Liability grew 23.52% in 2022 and fell 7.84% in 2023.
  • Over 5 years, Non-Current Deferred Tax Liability stood at $2.2 billion in 2022, then retreated by 7.33% to $2.0 billion in 2023, then grew by 10.18% to $2.2 billion in 2024, then fell by 6.61% to $2.1 billion in 2025, then rose by 25.83% to $2.6 billion in 2026.
  • Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $2.6 billion in Q2 2026, $2.1 billion in Q1 2026, and $2.1 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kraft Heinz 28.91 Bn 26.23 Bn 2.03 Bn
2 General Mills 19.20 Bn 18.75 Bn 1.60 Bn
3 Mccormick 13.83 Bn 13.50 Bn 778.20 Mn
4 J M Smucker 12.89 Bn 12.84 Bn 979.60 Mn
5 Hormel Foods 11.29 Bn 10.42 Bn 471.52 Mn
6 Chewy 8.45 Bn 7.93 Bn 1.01 Bn
7 Conagra Brands 6.98 Bn 6.77 Bn 704.10 Mn
8 Lamb Weston Holdings 6.60 Bn 6.53 Bn 361.40 Mn
9 Campbell'S 6.25 Bn 5.85 Bn 650.00 Mn
10 Post Holdings 3.62 Bn 3.35 Bn 566.30 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 2.62 Bn
Feb 22, 2026 2.13 Bn
Nov 23, 2025 2.09 Bn
Aug 24, 2025 2.06 Bn
May 25, 2025 2.83 Bn
Feb 23, 2025 2.26 Bn
Nov 24, 2024 2.23 Bn
Aug 25, 2024 2.20 Bn
May 26, 2024 2.63 Bn
Feb 25, 2024 2.02 Bn
Nov 26, 2023 2.03 Bn
Aug 27, 2023 2.09 Bn
May 28, 2023 2.61 Bn
Feb 26, 2023 2.15 Bn
Nov 27, 2022 2.19 Bn
Aug 28, 2022 2.26 Bn
May 29, 2022 2.62 Bn
Feb 27, 2022 2.17 Bn
Nov 28, 2021 2.15 Bn
Aug 29, 2021 2.08 Bn