Other
U.S. federal statutory tax
General Mills U.S. federal statutory tax remained flat by 0.0% to 5.3% in Q1 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from 5.3% to 5.3%. Over 4 years (FY 2021 to FY 2025), U.S. federal statutory tax shows relatively stable performance with a 0.0% CAGR.
Analysis
StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalContext dependent
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Changes reflect shifts in pre-tax income levels rather than changes in tax strategy or policy.
Detailed definition
The base income tax expense calculated by applying the statutory federal corporate tax rate to the company's pre-tax inc...
Peer comparison
Standard disclosure for all US-based corporations; directly comparable across companies subject to the same federal tax code.
Metric ID:
other_effective_income_tax_rate_reconciliation_at_federa_740d47Historical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | 21% | 21% | 21% | 21% | 21% |
| YoY Change | — | +0.0% | +0.0% | +0.0% | +0.0% |
Range21% – 21%
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak4+ years growth
U.S. federal statutory tax at Other Companies
Frequently Asked Questions
- What is General Mills's u.s. federal statutory tax?
- General Mills (GIS) reported u.s. federal statutory tax of 5.3% in Q1 2025.
- How has General Mills's u.s. federal statutory tax changed year-over-year?
- General Mills's u.s. federal statutory tax decreased by 0.0% year-over-year, from 5.3% to 5.3%.
- What is the long-term trend for General Mills's u.s. federal statutory tax?
- Over 4 years (2021 to 2025), General Mills's u.s. federal statutory tax has grown at a 0.0% compound annual growth rate (CAGR), from 21.0% to 21.0%.
- What does u.s. federal statutory tax mean?
- The theoretical tax expense based solely on the standard federal corporate tax rate.