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

General Mills (GIS) reported Non-Current Deferred Tax Liability of $2.6 billion for Q2 2026, down 7.4% on a YoY basis from $2.8 billion in Q2 2025, and up 23.21% sequentially from $2.1 billion in Q1 2026.

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

General Mills (GIS) has 18 years of Non-Current Deferred Tax Liability data on file, last reported at $2.6 billion in Q2 2026.

  • For the quarter ending Q2 2026, Non-Current Deferred Tax Liability fell 7.4% year-over-year to $2.6 billion; the trailing twelve-month figure through May 2026 stood at $2.6 billion (down 7.4% YoY), and the FY2026 full-year result was $2.6 billion, down 7.4% from the prior year.
  • Non-Current Deferred Tax Liability grew to $2.6 billion in Q2 2026, 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.
  • A 5-year average of $2.3 billion and a median of $2.2 billion in 2022 frame the typical range for Non-Current Deferred Tax Liability.
  • Across the five-year window, Non-Current Deferred Tax Liability dropped 19.33% in 2023 and rose 24.65% in 2024, its largest moves.
  • Tracing GIS's Non-Current Deferred Tax Liability over 5 years: stood at $2.2 billion in 2022, then fell by 7.33% to $2.0 billion in 2023, then climbed by 10.18% to $2.2 billion in 2024, then declined by 6.61% to $2.1 billion in 2025, then increased by 25.83% to $2.6 billion in 2026.
  • Business Quant data shows GIS's Non-Current Deferred Tax Liability at $2.6 billion in Q2 2026, $2.1 billion in Q1 2026, and $2.1 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn
5 Magnum Ice Cream 10.87 Bn 10.35 Bn -
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 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

Historic Data

Download Data
DateValue
May 31, 2026 2.62 Bn
May 31, 2026 2.62 Bn
Feb 22, 2026 2.13 Bn
Feb 22, 2026 2.13 Bn
Nov 23, 2025 2.09 Bn
Nov 23, 2025 2.09 Bn
Aug 24, 2025 2.06 Bn
Aug 24, 2025 2.06 Bn
May 25, 2025 2.83 Bn
May 25, 2025 2.83 Bn
Feb 23, 2025 2.26 Bn
Feb 23, 2025 2.26 Bn
Nov 24, 2024 2.23 Bn
Nov 24, 2024 2.23 Bn
Aug 25, 2024 2.20 Bn
Aug 25, 2024 2.20 Bn
May 26, 2024 2.63 Bn
May 26, 2024 2.63 Bn
Feb 25, 2024 2.02 Bn
Feb 25, 2024 2.02 Bn