Operating Expenses
Variable Lease Cost
General Mills Variable Lease Cost remained flat by 0.0% to $1.88M in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 15.7%, from $2.23M to $1.88M. Over 4 years (FY 2021 to FY 2025), Variable Lease Cost shows a downward trend with a -23.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Higher variable costs may indicate increased operational activity or sensitivity to inflationary indices in lease contracts.
Detailed definition
Lease payments that are not fixed but depend on an index, rate, or usage-based performance criteria. These costs fluctua...
Peer comparison
Common in logistics and retail where lease terms are tied to sales volume or usage metrics.
Metric ID:
ms_variable_lease_costHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $21.80M | $8.50M | $6.10M | $8.90M | $7.50M |
| YoY Change | — | -61.0% | -28.2% | +45.9% | -15.7% |
Range$6.10M – $21.80M
CAGR-23.4%
Avg YoY Growth-14.8%
Median YoY Growth-22.0%
Variable Lease Cost at Other Companies
Frequently Asked Questions
- What is General Mills's variable lease cost?
- General Mills (GIS) reported variable lease cost of $1.88M in Q1 2025.
- How has General Mills's variable lease cost changed year-over-year?
- General Mills's variable lease cost decreased by 15.7% year-over-year, from $2.23M to $1.88M.
- What is the long-term trend for General Mills's variable lease cost?
- Over 4 years (2021 to 2025), General Mills's variable lease cost has grown at a -23.4% compound annual growth rate (CAGR), from $21.80M to $7.50M.
- What does variable lease cost mean?
- Lease costs that change based on usage or market indices.