Non-Current Assets
Net Operating Loss Carryforwards
General Mills Net Operating Loss Carryforwards increased by 19.5% to $58.10M in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Net Operating Loss Carryforwards shows an upward trend with a 18.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2025Jun 26, 2025
How to read this metric
An increase suggests potential future tax savings, while a decrease indicates the company is utilizing these assets to offset taxable income.
Detailed definition
This represents the tax value of prior operating losses that can be applied to reduce future taxable income. It serves a...
Peer comparison
Common in capital-intensive industries or companies recovering from cyclical downturns.
Metric ID:
net_operating_loss_carryforwardsHistorical Data
4 periods
| Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|
| Value | $34.90M | $38.70M | $48.60M | $58.10M |
| QoQ Change | — | +10.9% | +25.6% | +19.5% |
| YoY Change | — | +10.9% | +25.6% | +19.5% |
Range$34.90M – $58.10M
Avg YoY Growth+18.7%
Median YoY Growth+19.5%
Current Streak3+ quarters growth
Net Operating Loss Carryforwards at Other Companies
Frequently Asked Questions
- What is General Mills's net operating loss carryforwards?
- General Mills (GIS) reported net operating loss carryforwards of $58.10M in Q1 2025.
- What is the long-term trend for General Mills's net operating loss carryforwards?
- Over 3 years (2022 to 2025), General Mills's net operating loss carryforwards has grown at a 18.5% compound annual growth rate (CAGR), from $34.90M to $58.10M.
- What does net operating loss carryforwards mean?
- The value of past losses that can be used to lower future tax bills.