General Mills GIS
NYSE GIS
$35.85 -0.11 (-0.32%)
As of: Sep 11, 2026 · 3:59 PM EDT

General Mills (GIS) Tax Provisions (2009 - 2026)

General Mills' (GIS) quarterly Tax Provisions came in at -$240.4 million in Q2 2026, down 447.9% year-over-year from $69.1 million in Q2 2025, and down 340.64% quarter-over-quarter from $99.9 million in Q1 2026.

Analysis

General Mills (GIS) Tax Provisions (2009 - 2026) Analysis & Trends

General Mills has disclosed Tax Provisions across 18 years of filings, most recently posting -$240.4 million for Q2 2026.

  • In Q2 2026, Tax Provisions fell 447.9% year-over-year to -$240.4 million; the TTM figure through May 2026 stood at $414.3 million (down 27.78% YoY), while the FY2026 annual figure was $414.3 million, down 27.78% from the prior year.
  • Tax Provisions came in at -$240.4 million for Q2 2026 at General Mills, down from $99.9 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 -$240.4 million in Q2 2026.
  • Average Tax Provisions over 5 years is $136.2 million, with a median of $142.3 million recorded in 2023.
  • Year-over-year, Tax Provisions surged 161.05% in 2025 and slumped 447.9% in 2026.
  • Over 5 years, 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 267.06% to -$240.4 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were -$240.4 million in Q2 2026, $99.9 million in Q1 2026, and $143.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Kraft Heinz 28.91 Bn 26.23 Bn 2.03 Bn -916.00 Mn
2 General Mills 19.20 Bn 18.75 Bn 1.60 Bn -240.40 Mn
3 Mccormick 13.83 Bn 13.50 Bn 778.20 Mn 63.50 Mn
4 J M Smucker 12.89 Bn 12.84 Bn 979.60 Mn 103.60 Mn
5 Hormel Foods 11.29 Bn 10.42 Bn 471.52 Mn 43.64 Mn
6 Chewy 8.45 Bn 7.93 Bn 1.01 Bn 36.50 Mn
7 Conagra Brands 6.98 Bn 6.77 Bn 704.10 Mn -545.80 Mn
8 Lamb Weston Holdings 6.60 Bn 6.53 Bn 361.40 Mn 13.90 Mn
9 Campbell'S 6.25 Bn 5.85 Bn 650.00 Mn 35.00 Mn
10 Post Holdings 3.62 Bn 3.35 Bn 566.30 Mn 23.10 Mn
Historic Data

Historic Data

Download Data
DateValue
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