General Mills GIS
NYSE GIS
$39.97 +0.36 (+0.91%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

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

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

General Mills has reported Non-Current Deferred Tax Liability for 18 years, with the latest figure at $2.6 billion in Q2 2026.

  • Quarterly Non-Current Deferred Tax Liability fell 7.4% year-over-year to $2.6 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $2.6 billion (down 7.4% YoY) and the FY2026 annual result came in at $2.6 billion, down 7.4% from the prior year.
  • Non-Current Deferred Tax Liability grew to $2.6 billion in Q2 2026 per GIS's latest filing, from $2.1 billion in the prior quarter.
  • Over five years, Non-Current Deferred Tax Liability peaked at $2.8 billion in Q2 2025 and troughed at $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.
  • The sharpest annual moves came in 2023 and 2024: Non-Current Deferred Tax Liability fell 19.33% in 2023, then advanced 24.65% in 2024.
  • Over 5 years, Non-Current Deferred Tax Liability stood at $2.2 billion in 2022, then slipped by 7.33% to $2.0 billion in 2023, then rose by 10.18% to $2.2 billion in 2024, then decreased by 6.61% to $2.1 billion in 2025, then advanced by 25.83% to $2.6 billion in 2026.
  • According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $2.6 billion, $2.1 billion, and $2.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kraft Heinz 30.37 Bn 27.69 Bn 2.03 Bn
2 General Mills 21.49 Bn 21.03 Bn 1.60 Bn
3 Mccormick 14.93 Bn 14.60 Bn 778.20 Mn
4 Jbs 14.80 Bn 11.34 Bn 4.91 Bn
5 J M Smucker 13.21 Bn 13.15 Bn 862.10 Mn
6 Hormel Foods 13.14 Bn 12.28 Bn 518.51 Mn
7 Magnum Ice Cream 12.22 Bn 11.50 Bn -
8 Darling Ingredients 10.40 Bn 10.24 Bn 503.37 Mn
9 Smithfield Foods 8.75 Bn 7.40 Bn 478.00 Mn
10 Conagra Brands 7.86 Bn 7.64 Bn 704.10 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