Operating Expenses
Variable Lease Cost
General Mills Variable Lease Cost remained flat by 0.0% to $1.88M in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 15.7%, from $2.23M to $1.88M. Over 4 years (FY 2021 to FY 2025), Variable Lease Cost shows a downward trend with a -23.4% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Higher variable costs indicate greater exposure to operational volume or market-linked pricing in lease agreements.
Detailed definition
These are lease payments that depend on an index, rate, or usage-based factor rather than a fixed amount. Because these...
Peer comparison
Standard metric for retail and manufacturing firms with significant leased facility footprints.
Metric ID:
wmt_variable_lease_costHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $21.80M | $8.50M | $6.10M | $8.90M | $7.50M |
| YoY Change | — | -61.0% | -28.2% | +45.9% | -15.7% |
Range$6.10M – $21.80M
CAGR-23.4%
Avg YoY Growth-14.8%
Median YoY Growth-22.0%
Variable Lease Cost at Other Companies
Frequently Asked Questions
- What is General Mills's variable lease cost?
- General Mills (GIS) reported variable lease cost of $1.88M in Q1 2025.
- How has General Mills's variable lease cost changed year-over-year?
- General Mills's variable lease cost decreased by 15.7% year-over-year, from $2.23M to $1.88M.
- What is the long-term trend for General Mills's variable lease cost?
- Over 4 years (2021 to 2025), General Mills's variable lease cost has grown at a -23.4% compound annual growth rate (CAGR), from $21.80M to $7.50M.
- What does variable lease cost mean?
- Lease payments that fluctuate based on usage or external market indices.