Other
Short Term Lease Cost
General Mills Short Term Lease Cost remained flat by 0.0% to $8.15M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from $8.05M to $8.15M. Over 4 years (FY 2021 to FY 2025), Short Term Lease Cost shows an upward trend with a 8.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementCash Flow Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
An increase suggests a preference for operational flexibility over long-term capital commitments.
Detailed definition
Represents the total expense incurred for leases with a term of 12 months or less, which are typically excluded from the...
Peer comparison
Standard disclosure for companies with significant short-term rental or leasing requirements.
Metric ID:
other_short_term_lease_costHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $23.40M | $29.10M | $30.00M | $32.20M | $32.60M |
| YoY Change | — | +24.4% | +3.1% | +7.3% | +1.2% |
Range$23.40M – $32.60M
CAGR+8.6%
Avg YoY Growth+9.0%
Median YoY Growth+5.2%
Current Streak4+ years growth
Short Term Lease Cost at Other Companies
Frequently Asked Questions
- What is General Mills's short term lease cost?
- General Mills (GIS) reported short term lease cost of $8.15M in Q1 2025.
- How has General Mills's short term lease cost changed year-over-year?
- General Mills's short term lease cost increased by 1.2% year-over-year, from $8.05M to $8.15M.
- What is the long-term trend for General Mills's short term lease cost?
- Over 4 years (2021 to 2025), General Mills's short term lease cost has grown at a 8.6% compound annual growth rate (CAGR), from $23.40M to $32.60M.
- What does short term lease cost mean?
- The total cost of short-term leases that are not capitalized on the balance sheet.