General Mills (GIS) Tax Provisions (2009 - 2026)
General Mills' (GIS) quarterly Tax Provisions came in at $99.9 million in Q1 2026, down 34.45% year-on-year from $152.4 million in Q1 2025, and down 30.58% quarter-over-quarter from $143.9 million in Q4 2025.
General Mills (GIS) Tax Provisions (2009 - 2026) Analysis & Trends
General Mills has disclosed Tax Provisions across 18 years of filings, most recently posting $99.9 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $99.9 million, down 34.45% year-over-year; the trailing twelve-month figure through Feb 2026 was $723.8 million (up 12.99% YoY), and the FY2025 annual result was $573.7 million, down 3.5% from the prior year.
- Tax Provisions came in at $99.9 million for Q1 2026 at General Mills, down from $143.9 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $410.9 million in Q3 2025 to a low of $69.1 million in Q2 2025.
- The 5-year median for Tax Provisions is $143.9 million (2025), against an average of $158.4 million.
- Peak annual rise in Tax Provisions reached 161.05% in 2025, while the deepest fall reached 49.19% in 2025.
- General Mills' Tax Provisions stood at $147.1 million in 2022, then retreated by 7.55% to $136.0 million in 2023, then jumped by 43.24% to $194.8 million in 2024, then dropped by 26.13% to $143.9 million in 2025, then plunged by 30.58% to $99.9 million in 2026.
- The last three Tax Provisions figures came in at $99.9 million (Q1 2026), $143.9 million (Q4 2025), and $410.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 12,507.92 Bn | 12,507.92 Bn | - | - |
| 2 | Kraft Heinz | 27.05 Bn | 22.98 Bn | 2.22 Bn | 211.00 Mn |
| 3 | General Mills | 17.93 Bn | 17.16 Bn | 1.37 Bn | 99.90 Mn |
| 4 | Jbs | 13.56 Bn | 8.99 Bn | 2.32 Bn | -67.10 Mn |
| 5 | Hormel Foods | 13.29 Bn | 12.44 Bn | 518.51 Mn | 48.69 Mn |
| 6 | Mccormick | 12.45 Bn | 12.85 Bn | 708.90 Mn | 48.70 Mn |
| 7 | Magnum Ice Cream | 11.94 Bn | 11.47 Bn | - | - |
| 8 | J M Smucker | 11.83 Bn | 11.77 Bn | 862.10 Mn | -60.50 Mn |
| 9 | Smithfield Foods | 9.80 Bn | 8.73 Bn | 511.00 Mn | 72.00 Mn |
| 10 | Darling Ingredients | 8.51 Bn | 8.55 Bn | 404.92 Mn | 38.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| May 30, 2021 | 106.90 Mn |