Tax

Effective Tax Rate

General Mills Effective Tax Rate remained flat by 0.0% to $0.05 in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $0.05 to $0.05. Over 4 years (FY 2021 to FY 2025), Effective Tax Rate shows relatively stable performance with a -2.1% CAGR.

Analysis

StatementIncome Statement
SectionTax
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
Metric ID: amgn_effective_tax_rate_continuing_operations

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$0.22$0.18$0.20$0.20$0.20
YoY Change-16.8%+6.6%+0.5%+3.1%
Range$0.18$0.22
CAGR-2.1%
Avg YoY Growth-1.7%
Median YoY Growth+1.8%
Current Streak3 years growth

Frequently Asked Questions

What is General Mills's effective tax rate?
General Mills (GIS) reported effective tax rate of $0.05 in Q1 2025.
How has General Mills's effective tax rate changed year-over-year?
General Mills's effective tax rate increased by 3.1% year-over-year, from $0.05 to $0.05.
What is the long-term trend for General Mills's effective tax rate?
Over 4 years (2021 to 2025), General Mills's effective tax rate has grown at a -2.1% compound annual growth rate (CAGR), from $0.22 to $0.20.