General Tax Provision from 2010 to 2025

GIS Stock  USD 58.64  0.33  0.57%   
General Mills Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 585.7 M in 2025. Tax Provision is the amount set aside by General Mills to cover any estimated taxes for the current period. It reflects General Mills' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-02-28
Previous Quarter
194.8 M
Current Value
152.4 M
Quarterly Volatility
37.2 M
 
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' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of General Mills over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. General Mills' Tax Provision 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.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

General Tax Provision Regression Statistics

Arithmetic Mean558,844,625
Geometric Mean506,464,543
Coefficient Of Variation28.18
Mean Deviation96,366,734
Median586,800,000
Standard Deviation157,489,448
Sample Variance24802.9T
Range697.9M
R-Value0.03
Mean Square Error26548.2T
R-Squared0.001
Significance0.91
Slope1,042,882
Total Sum of Squares372043.9T

General Tax Provision History

2025585.7 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 Tax Provision, 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
Tax Provision683.7 M585.7 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.