Tax
Foreign Tax (Current)
General Mills Foreign Tax (Current) remained flat by 0.0% to $16.38M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.5%, from $14.55M to $16.38M. Over 4 years (FY 2021 to FY 2025), Foreign Tax (Current) shows a downward trend with a -8.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Changes reflect the tax impact of global revenue distribution and international tax compliance.
Detailed definition
The portion of the total income tax provision that is currently payable to foreign governments. This captures the immedi...
Peer comparison
Standard tax disclosure for multinational corporations.
Metric ID:
msft_current_foreign_tax_expenseHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $93.00M | $79.10M | $65.10M | $58.20M | $65.50M |
| YoY Change | — | -14.9% | -17.7% | -10.6% | +12.5% |
Range$58.20M – $93.00M
CAGR-8.4%
Avg YoY Growth-7.7%
Median YoY Growth-12.8%
Foreign Tax (Current) at Other Companies
Frequently Asked Questions
- What is General Mills's foreign tax (current)?
- General Mills (GIS) reported foreign tax (current) of $16.38M in Q1 2025.
- How has General Mills's foreign tax (current) changed year-over-year?
- General Mills's foreign tax (current) increased by 12.5% year-over-year, from $14.55M to $16.38M.
- What is the long-term trend for General Mills's foreign tax (current)?
- Over 4 years (2021 to 2025), General Mills's foreign tax (current) has grown at a -8.4% compound annual growth rate (CAGR), from $93.00M to $65.50M.
- What does foreign tax (current) mean?
- The amount of income tax currently owed to foreign governments for the period.