What is General Mills's deferred tax assets, net of valuation allowance?

General Mills (GIS) reported deferred tax assets, net of valuation allowance of $919.10M in Q1 2025.

What is the long-term trend for General Mills's deferred tax assets, net of valuation allowance?

Over 3 years (2022 to 2025), General Mills's deferred tax assets, net of valuation allowance has grown at a 32.1% compound annual growth rate (CAGR), from $398.30M to $919.10M.

What does deferred tax assets, net of valuation allowance mean?

The actual value of tax-saving assets that the company expects to be able to use.

Other

Deferred Tax Assets, Net of Valuation Allowance

General Mills Deferred Tax Assets, Net of Valuation Allowance increased by 53.6% to $919.10M in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Deferred Tax Assets, Net of Valuation Allowance shows an upward trend with a 32.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryCapital Allocation

SignalHigher is better

VolatilityModerate

First reportedQ4 2022

Last reportedQ4 2025Jun 26, 2025

How to read this metric

An increase indicates a stronger outlook for tax savings and future profitability, while a decrease suggests lower expected tax benefits.

Detailed definition

This represents the net value of deferred tax assets after subtracting the valuation allowance. It is the amount of tax...

Peer comparison

Standard metric for assessing the net tax position of a company relative to its peers.

Metric ID: other_deferred_tax_assets_net

Historical Data

4 periods

	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$398.30M	$501.10M	$598.20M	$919.10M
QoQ Change	—	+25.8%	+19.4%	+53.6%
YoY Change	—	+25.8%	+19.4%	+53.6%

Range$398.30M – $919.10M

Avg YoY Growth+32.9%

Median YoY Growth+25.8%

Current Streak3+ quarters growth

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Frequently Asked Questions

What is General Mills's deferred tax assets, net of valuation allowance?: General Mills (GIS) reported deferred tax assets, net of valuation allowance of $919.10M in Q1 2025.
What is the long-term trend for General Mills's deferred tax assets, net of valuation allowance?: Over 3 years (2022 to 2025), General Mills's deferred tax assets, net of valuation allowance has grown at a 32.1% compound annual growth rate (CAGR), from $398.30M to $919.10M.
What does deferred tax assets, net of valuation allowance mean?: The actual value of tax-saving assets that the company expects to be able to use.