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General Mills (GIS) Tax Rate (2016 - 2026)

General Mills' Tax Rate history spans 18 years, with the latest figure at 24.28% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 446.0% to 24.28% in Q1 2026 year-over-year; TTM through Feb 2026 was 24.01%, a 357.0% increase, with the full-year FY2025 number at 20.24%, up 60.0% from a year prior.
  • Tax Rate hit 24.28% in Q1 2026 for General Mills, up from 23.29% in the prior quarter.
  • Over the last five years, Tax Rate for GIS hit a ceiling of 25.55% in Q3 2025 and a floor of 14.3% in Q2 2022.
  • Historically, Tax Rate has averaged 19.96% across 5 years, with a median of 20.1% in 2024.
  • Biggest five-year swings in Tax Rate: tumbled -804bps in 2022 and later surged 478bps in 2023.
  • Tracing GIS's Tax Rate over 5 years: stood at 20.15% in 2022, then dropped by -5bps to 19.04% in 2023, then increased by 6bps to 20.14% in 2024, then increased by 16bps to 23.29% in 2025, then rose by 4bps to 24.28% in 2026.
  • Business Quant data shows Tax Rate for GIS at 24.28% in Q1 2026, 23.29% in Q4 2025, and 25.55% in Q3 2025.