General Income Before Tax from 2010 to 2025

GIS Stock  USD 57.79  0.38  0.65%   
General Mills Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2025. From the period from 2010 to 2025, General Mills Income Before Tax quarterly data regression had r-value of  0.80 and coefficient of variation of  31.09. View All Fundamentals
 
Income Before Tax  
First Reported
1989-05-31
Previous Quarter
967.1 M
Current Value
769 M
Quarterly Volatility
230.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check General Mills financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among General Mills' main balance sheet or income statement drivers, such as Depreciation And Amortization of 408 M, Interest Expense of 601.3 M or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0242 or PTB Ratio of 4.56. General financial statements analysis is a perfect complement when working with General Mills Valuation or Volatility modules.
  
Check out the analysis of General Mills Correlation against competitors.
For more information on how to buy General Stock please use our How to Invest in General Mills guide.

Latest General Mills' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of General Mills over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on General Mills income statement and is an important metric when analyzing General Mills profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is General Mills' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in General Mills' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

General Income Before Tax Regression Statistics

Arithmetic Mean2,524,188,578
Geometric Mean2,309,707,534
Coefficient Of Variation31.09
Mean Deviation555,927,506
Median2,600,200,000
Standard Deviation784,855,569
Sample Variance615998.3T
Range3.3B
R-Value0.80
Mean Square Error242439.3T
R-Squared0.63
Significance0.0002
Slope131,124,366
Total Sum of Squares9239974T

General Income Before Tax History

20253.7 B
20243.5 B
2023B
20223.1 B
20213.2 B
20202.9 B
20192.6 B

About General Mills Financial Statements

General Mills shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although General Mills investors may analyze each financial statement separately, they are all interrelated. The changes in General Mills' assets and liabilities, for example, are also reflected in the revenues and expenses on on General Mills' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax3.5 B3.7 B

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Additional Tools for General Stock Analysis

When running General Mills' price analysis, check to measure General Mills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy General Mills is operating at the current time. Most of General Mills' value examination focuses on studying past and present price action to predict the probability of General Mills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Mills' price. Additionally, you may evaluate how the addition of General Mills to your portfolios can decrease your overall portfolio volatility.