General Mills (GIS) Tax Provisions (2009 - 2026)
General Mills (GIS) reported Tax Provisions of $122.8 million for fiscal Q1 2027 (quarter ended Aug 30, 2026), down 70.1% from $410.9 million a year earlier.
General Mills (GIS) Tax Provisions (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 30, 2026, General Mills' Tax Provisions came in at $126.2 million, down 84.7% year-over-year; for FY2026 (ended May 31, 2026), it came in at $414.3 million, down 27.8% from FY2025.
- Tax Provisions has declined for three consecutive fiscal years, with a five-year compound annual growth rate of -8.0% (FY2021 to FY2026).
- By fiscal year, Tax Provisions came in at $573.7 million in FY2025 (-3.5%), $594.5 million in FY2024 (-2.9%), $612.2 million in FY2023 (+4.4%) and $586.3 million in FY2022 (-6.8%).
- Five-year quarterly Tax Provisions spans a low of -$240.4 million in fiscal Q4 2026 and a high of $410.9 million in fiscal Q1 2026.
- Year over year, Tax Provisions gained in three of the last seven quarters, with growth averaging 3.8%.
- The high point for year-over-year Tax Provisions in five years was fiscal Q1 2026 (growth of 161.1%); the low point was fiscal Q1 2027 (a decline of 70.1%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at -$240.4 million (Q4 2026), $99.9 million (Q3 2026) and $143.9 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 132.43 Bn | 107.80 Bn | - | - |
| 2 | Mondelez International | 73.80 Bn | 67.12 Bn | 3.99 Bn | 364.00 Mn |
| 3 | Hershey | 31.86 Bn | 28.11 Bn | 1.26 Bn | 130.62 Mn |
| 4 | Kraft Heinz | 26.96 Bn | 13.49 Bn | 2.03 Bn | -916.00 Mn |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn | 122.80 Mn |
| 6 | J M Smucker | 12.70 Bn | 12.49 Bn | 979.60 Mn | 103.60 Mn |
| 7 | Mccormick | 12.49 Bn | 12.36 Bn | 778.20 Mn | 63.50 Mn |
| 8 | Hormel Foods | 10.97 Bn | 7.66 Bn | 471.52 Mn | 43.64 Mn |
| 9 | Chewy | 7.31 Bn | 4.59 Bn | 1.01 Bn | 31.40 Mn |
| 10 | Conagra Brands | 6.43 Bn | 5.74 Bn | 618.70 Mn | 58.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 30, 2026 | 122.80 Mn |
| 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 |
General Mills Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=GIS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "GIS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=GIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();