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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |