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

General Mills has disclosed Tax Rate across 18 years of filings, most recently posting 24.28% for Q1 2026.

• Tax Rate for Q1 2026 came in at 24.28%, up 446.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 24.01% (up 357.0% YoY), and the FY2025 annual result was 20.24%, up 60.0% from the prior year.
• Tax Rate came in at 24.28% for Q1 2026 at General Mills, up from 23.29% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 25.55% in Q3 2025 to a low of 14.3% in Q2 2022.
• The 5-year median for Tax Rate is 20.1% (2024), against an average of 19.96%.
• Across the five-year window, Tax Rate sank 804 bps in 2022 and soared 478 bps in 2023, its largest moves.
• General Mills' Tax Rate stood at 20.15% in 2022, then slipped by 5 bps to 19.04% in 2023, then grew by 6 bps to 20.14% in 2024, then grew by 16 bps to 23.29% in 2025, then advanced by 4 bps to 24.28% in 2026.
• The last three Tax Rate figures came in at 24.28% (Q1 2026), 23.29% (Q4 2025), and 25.55% (Q3 2025), per Business Quant data.