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

General Mills (GIS) reported deferred tax assets, valuation allowance of $253.70M in Q1 2025.

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

Over 3 years (2022 to 2025), General Mills's deferred tax assets, valuation allowance has grown at a 11.1% compound annual growth rate (CAGR), from $185.10M to $253.70M.

What does deferred tax assets, valuation allowance mean?

The portion of tax assets that the company expects it will not be able to use to reduce future taxes.

Other

Deferred Tax Assets, Valuation Allowance

General Mills Deferred Tax Assets, Valuation Allowance decreased by 0.7% to $253.70M in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Deferred Tax Assets, Valuation Allowance shows an upward trend with a 11.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryRisk

SignalLower is better

VolatilityModerate

First reportedQ4 2022

Last reportedQ4 2025Jun 26, 2025

How to read this metric

An increase indicates management's reduced confidence in generating sufficient future taxable income to utilize tax assets.

Detailed definition

This represents the portion of deferred tax assets that the company believes is more likely than not to remain unrealize...

Peer comparison

Common in companies with historical losses or volatile earnings profiles.

Metric ID: other_deferred_tax_assets_valuation_allowance

Historical Data

4 periods

	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$185.10M	$259.20M	$255.50M	$253.70M
QoQ Change	—	+40.0%	-1.4%	-0.7%
YoY Change	—	+40.0%	-1.4%	-0.7%

Range$185.10M – $259.20M

Avg YoY Growth+12.6%

Median YoY Growth-0.7%

Current Streak2 quarters decline

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Frequently Asked Questions

What is General Mills's deferred tax assets, valuation allowance?: General Mills (GIS) reported deferred tax assets, valuation allowance of $253.70M in Q1 2025.
What is the long-term trend for General Mills's deferred tax assets, valuation allowance?: Over 3 years (2022 to 2025), General Mills's deferred tax assets, valuation allowance has grown at a 11.1% compound annual growth rate (CAGR), from $185.10M to $253.70M.
What does deferred tax assets, valuation allowance mean?: The portion of tax assets that the company expects it will not be able to use to reduce future taxes.