What is General Mills's effective tax rate?

General Mills (GIS) reported effective tax rate of $0.05 in Q1 2025.

How has General Mills's effective tax rate changed year-over-year?

General Mills's effective tax rate increased by 3.1% year-over-year, from $0.05 to $0.05.

What is the long-term trend for General Mills's effective tax rate?

Over 4 years (2021 to 2025), General Mills's effective tax rate has grown at a -2.1% compound annual growth rate (CAGR), from $0.22 to $0.2.

Tax

Effective Tax Rate

General Mills Effective Tax Rate remained flat by 0.0% to $0.05 in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $0.05 to $0.05. Over 4 years (FY 2021 to FY 2025), Effective Tax Rate shows relatively stable performance with a -2.1% CAGR.

Analysis

StatementIncome Statement

SectionTax

First reportedQ1 2021

Last reportedQ4 2025Jun 26, 2025

Metric ID: glw_effective_tax_rate_continuing

Historical Data

5 years

	FY'21	FY'22	FY'23	FY'24	FY'25
Value	$0.22	$0.18	$0.2	$0.2	$0.2
YoY Change	—	-16.8%	+6.6%	+0.5%	+3.1%

Range$0.18 – $0.22

CAGR-2.1%

Avg YoY Growth-1.7%

Median YoY Growth+1.8%

Current Streak3 years growth

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Frequently Asked Questions

What is General Mills's effective tax rate?: General Mills (GIS) reported effective tax rate of $0.05 in Q1 2025.
How has General Mills's effective tax rate changed year-over-year?: General Mills's effective tax rate increased by 3.1% year-over-year, from $0.05 to $0.05.
What is the long-term trend for General Mills's effective tax rate?: Over 4 years (2021 to 2025), General Mills's effective tax rate has grown at a -2.1% compound annual growth rate (CAGR), from $0.22 to $0.2.