Tax

Statutory Federal Income Tax Rate

General Mills Statutory Federal Income Tax Rate remained flat by 0.0% to $0.05 in Q1 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $0.05 to $0.05. Over 4 years (FY 2021 to FY 2025), Statutory Federal Income Tax Rate shows relatively stable performance with a 0.0% CAGR.

Analysis

StatementIncome Statement
SectionTax
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
Metric ID: tmo_statutory_federal_income_tax_rate

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$0.21$0.21$0.21$0.21$0.21
YoY Change+0.0%+0.0%+0.0%+0.0%
Range$0.21$0.21
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak4+ years growth

Statutory Federal Income Tax Rate at Other Companies

Frequently Asked Questions

What is General Mills's statutory federal income tax rate?
General Mills (GIS) reported statutory federal income tax rate of $0.05 in Q1 2025.
How has General Mills's statutory federal income tax rate changed year-over-year?
General Mills's statutory federal income tax rate decreased by 0.0% year-over-year, from $0.05 to $0.05.
What is the long-term trend for General Mills's statutory federal income tax rate?
Over 4 years (2021 to 2025), General Mills's statutory federal income tax rate has grown at a 0.0% compound annual growth rate (CAGR), from $0.21 to $0.21.