Tax
Federal Tax (Current)
General Mills Federal Tax (Current) remained flat by 0.0% to $137.25M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.1%, from $128.20M to $137.25M. Over 4 years (FY 2021 to FY 2025), Federal Tax (Current) shows an upward trend with a 10.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Changes reflect shifts in domestic profitability and effective tax planning strategies.
Detailed definition
The portion of the total income tax provision that is currently payable to the national government based on the current...
Peer comparison
Standard tax disclosure for all U.S. public companies.
Metric ID:
msft_current_federal_tax_expenseHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $369.80M | $384.20M | $487.10M | $512.80M | $549.00M |
| YoY Change | — | +3.9% | +26.8% | +5.3% | +7.1% |
Range$369.80M – $549.00M
CAGR+10.4%
Avg YoY Growth+10.8%
Median YoY Growth+6.2%
Current Streak4+ years growth
Federal Tax (Current) at Other Companies
Frequently Asked Questions
- What is General Mills's federal tax (current)?
- General Mills (GIS) reported federal tax (current) of $137.25M in Q1 2025.
- How has General Mills's federal tax (current) changed year-over-year?
- General Mills's federal tax (current) increased by 7.1% year-over-year, from $128.20M to $137.25M.
- What is the long-term trend for General Mills's federal tax (current)?
- Over 4 years (2021 to 2025), General Mills's federal tax (current) has grown at a 10.4% compound annual growth rate (CAGR), from $369.80M to $549.00M.
- What does federal tax (current) mean?
- The amount of federal income tax currently owed for the period.