General Mills (GIS) Tax Provisions (2009 - 2026)
General Mills (GIS) posted Tax Provisions of -$240.4 million for Q2 2026, down 340.64% sequentially from $99.9 million in Q1 2026, and down 447.9% YoY from $69.1 million in Q2 2025.
General Mills (GIS) Tax Provisions (2009 - 2026) Analysis & Trends
General Mills has reported Tax Provisions for 18 years, with the latest figure at -$240.4 million in Q2 2026.
- Quarterly Tax Provisions fell 447.9% year-over-year to -$240.4 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $414.3 million (down 27.78% YoY) and the FY2026 annual result came in at $414.3 million, down 27.78% from the prior year.
- Tax Provisions fell to -$240.4 million in Q2 2026 per GIS's latest filing, from $99.9 million in the prior quarter.
- Over five years, Tax Provisions peaked at $410.9 million in Q3 2025 and troughed at -$240.4 million in Q2 2026.
- A 5-year average of $136.2 million and a median of $142.3 million in 2023 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2025 and 2026: Tax Provisions soared 161.05% in 2025, then tumbled 447.9% in 2026.
- Over 5 years, Tax Provisions stood at $147.1 million in 2022, then slipped by 7.55% to $136.0 million in 2023, then soared by 43.24% to $194.8 million in 2024, then fell by 26.13% to $143.9 million in 2025, then slumped by 267.06% to -$240.4 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$240.4 million, $99.9 million, and $143.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | -916.00 Mn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | -240.40 Mn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 63.50 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | -125.91 Mn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | -60.50 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 48.69 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 110.64 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 64.00 Mn |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 Mn | -545.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -240.40 Mn |
| Feb 22, 2026 | 99.90 Mn |
| Nov 23, 2025 | 143.90 Mn |
| Aug 24, 2025 | 410.90 Mn |
| May 25, 2025 | 69.10 Mn |
| Feb 23, 2025 | 152.40 Mn |
| Nov 24, 2024 | 194.80 Mn |
| Aug 25, 2024 | 157.40 Mn |
| May 26, 2024 | 136.00 Mn |
| Feb 25, 2024 | 149.30 Mn |
| Nov 26, 2023 | 136.00 Mn |
| Aug 27, 2023 | 173.20 Mn |
| May 28, 2023 | 140.70 Mn |
| Feb 26, 2023 | 108.30 Mn |
| Nov 27, 2022 | 147.10 Mn |
| Aug 28, 2022 | 216.10 Mn |
| May 29, 2022 | 134.50 Mn |
| Feb 27, 2022 | 123.20 Mn |
| Nov 28, 2021 | 159.70 Mn |
| Aug 29, 2021 | 168.90 Mn |