Other
Defined Contribution Plan, Cost
General Mills Defined Contribution Plan, Cost remained flat by 0.0% to $24.03M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $23.50M to $24.03M. Over 4 years (FY 2021 to FY 2025), Defined Contribution Plan, Cost shows an upward trend with a 6.0% CAGR.
Analysis
StatementCash Flow Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
An increase relative to headcount may indicate higher compensation packages or changes in matching policy, impacting operating margins.
Detailed definition
This represents the total expense recognized by the company for contributions made to defined contribution plans, such a...
Peer comparison
Standard labor cost metric across all industries with retirement benefit programs.
Metric ID:
other_defined_contribution_plan_cost_recognizedHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $76.10M | $90.10M | $97.20M | $94.00M | $96.10M |
| YoY Change | — | +18.4% | +7.9% | -3.3% | +2.2% |
Range$76.10M – $97.20M
CAGR+6.0%
Avg YoY Growth+6.3%
Median YoY Growth+5.1%
Defined Contribution Plan, Cost at Other Companies
Frequently Asked Questions
- What is General Mills's defined contribution plan, cost?
- General Mills (GIS) reported defined contribution plan, cost of $24.03M in Q1 2025.
- How has General Mills's defined contribution plan, cost changed year-over-year?
- General Mills's defined contribution plan, cost increased by 2.2% year-over-year, from $23.50M to $24.03M.
- What is the long-term trend for General Mills's defined contribution plan, cost?
- Over 4 years (2021 to 2025), General Mills's defined contribution plan, cost has grown at a 6.0% compound annual growth rate (CAGR), from $76.10M to $96.10M.
- What does defined contribution plan, cost mean?
- The total annual cost the company incurs for employee retirement savings plan contributions.