Operating Expenses
Operating Lease Cost
General Mills Operating Lease Cost remained flat by 0.0% to $36.43M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.0%, from $32.23M to $36.43M. Over 4 years (FY 2021 to FY 2025), Operating Lease Cost shows relatively stable performance with a 2.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Increasing costs signal higher recurring operational overhead related to leased assets.
Detailed definition
The portion of total lease expense specifically attributable to operating leases, recognized on a straight-line basis ov...
Peer comparison
Standard metric for comparing rental and leasing overhead across retail, manufacturing, and logistics sectors.
Metric ID:
cat_operating_lease_costHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $132.70M | $129.70M | $127.60M | $128.90M | $145.70M |
| YoY Change | — | -2.3% | -1.6% | +1.0% | +13.0% |
Range$127.60M – $145.70M
CAGR+2.4%
Avg YoY Growth+2.5%
Median YoY Growth-0.3%
Current Streak2 years growth
Operating Lease Cost at Other Companies
Frequently Asked Questions
- What is General Mills's operating lease cost?
- General Mills (GIS) reported operating lease cost of $36.43M in Q1 2025.
- How has General Mills's operating lease cost changed year-over-year?
- General Mills's operating lease cost increased by 13.0% year-over-year, from $32.23M to $36.43M.
- What is the long-term trend for General Mills's operating lease cost?
- Over 4 years (2021 to 2025), General Mills's operating lease cost has grown at a 2.4% compound annual growth rate (CAGR), from $132.70M to $145.70M.
- What does operating lease cost mean?
- The expense recognized for operating leases.