Tax
State and Local Income Taxes, Net
General Mills State and Local Income Taxes, Net remained flat by 0.0% to 2002500000.0% in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from 1800000000.0% to 2002500000.0%. Over 4 years (FY 2021 to FY 2025), State and Local Income Taxes, Net shows an upward trend with a 14.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Higher values indicate increased tax burdens in specific operating regions.
Detailed definition
The net expense incurred for state and local income taxes after accounting for the federal tax deduction benefit. This r...
Peer comparison
Common tax disclosure for companies with significant domestic operations.
Metric ID:
cat_state_and_local_income_taxes_netHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | 4,750,000,000% | 6,080,000,000% | 8,220,000,000% | 7,200,000,000% | 8,010,000,000% |
| YoY Change | — | +28.0% | +35.2% | -12.4% | +11.3% |
Range4,750,000,000% – 8,220,000,000%
CAGR+14.0%
Avg YoY Growth+15.5%
Median YoY Growth+19.6%
State and Local Income Taxes, Net at Other Companies
Frequently Asked Questions
- What is General Mills's state and local income taxes, net?
- General Mills (GIS) reported state and local income taxes, net of 2002500000.0% in Q1 2025.
- How has General Mills's state and local income taxes, net changed year-over-year?
- General Mills's state and local income taxes, net increased by 11.3% year-over-year, from 1800000000.0% to 2002500000.0%.
- What is the long-term trend for General Mills's state and local income taxes, net?
- Over 4 years (2021 to 2025), General Mills's state and local income taxes, net has grown at a 14.0% compound annual growth rate (CAGR), from 4750000000.0% to 8010000000.0%.
- What does state and local income taxes, net mean?
- Net cost of state and local income taxes.