General Income Tax Expense from 2010 to 2025

GIS Stock  USD 57.79  0.38  0.65%   
General Mills Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about 440.7 M in 2025. From the period from 2010 to 2025, General Mills Income Tax Expense quarterly data regression had r-value of (0.03) and coefficient of variation of  38.88. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-05-31
Previous Quarter
171.4 M
Current Value
152.4 M
Quarterly Volatility
74.2 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.
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Latest General Mills' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of General Mills over the last few years. It is General Mills' Income Tax Expense 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 Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

General Income Tax Expense Regression Statistics

Arithmetic Mean558,583,605
Geometric Mean482,072,965
Coefficient Of Variation38.88
Mean Deviation161,581,918
Median612,200,000
Standard Deviation217,149,961
Sample Variance47154.1T
Range826M
R-Value(0.03)
Mean Square Error50476T
R-Squared0.0009
Significance0.91
Slope(1,379,831)
Total Sum of Squares707311.6T

General Income Tax Expense History

2025440.7 M
2024683.7 M
2023594.5 M
2022612.2 M
2021586.3 M
2020629.1 M
2019480.5 M

About General Mills Financial Statements

General Mills shareholders use historical fundamental indicators, such as Income Tax Expense, 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 Tax Expense683.7 M440.7 M

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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.