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

General Mills (GIS) has disclosed Tax Rate for 18 consecutive years, with 24.28% as the latest value for Q1 2026.

  • Quarterly Tax Rate rose 446.0% to 24.28% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 24.01% through Feb 2026, up 357.0% year-over-year, with the annual reading at 20.24% for FY2025, 60.0% up from the prior year.
  • Tax Rate for Q1 2026 was 24.28% at General Mills, up from 23.29% in the prior quarter.
  • The five-year high for Tax Rate was 25.55% in Q3 2025, with the low at 14.3% in Q2 2022.
  • Average Tax Rate over 5 years is 19.96%, with a median of 20.1% recorded in 2024.
  • The sharpest move saw Tax Rate crashed -804bps in 2022, then soared 478bps in 2023.
  • Over 5 years, Tax Rate stood at 20.15% in 2022, then fell by -5bps to 19.04% in 2023, then grew by 6bps to 20.14% in 2024, then grew by 16bps to 23.29% in 2025, then increased by 4bps to 24.28% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods came in at 24.28%, 23.29%, and 25.55% for Q1 2026, Q4 2025, and Q3 2025 respectively.