Tax
Current State and Local Tax Expense (Benefit)
General Mills Current State and Local Tax Expense (Benefit) remained flat by 0.0% to $20.03M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $18.00M to $20.03M. Over 4 years (FY 2021 to FY 2025), Current State and Local Tax Expense (Benefit) shows an upward trend with a 14.0% CAGR.
Analysis
StatementIncome Statement
SectionTax
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
Metric ID:
ms_current_state_and_local_tax_expenseHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $47.50M | $60.80M | $82.20M | $72.00M | $80.10M |
| YoY Change | — | +28.0% | +35.2% | -12.4% | +11.3% |
Range$47.50M – $82.20M
CAGR+14.0%
Avg YoY Growth+15.5%
Median YoY Growth+19.6%
Current State and Local Tax Expense (Benefit) at Other Companies
Frequently Asked Questions
- What is General Mills's current state and local tax expense (benefit)?
- General Mills (GIS) reported current state and local tax expense (benefit) of $20.03M in Q1 2025.
- How has General Mills's current state and local tax expense (benefit) changed year-over-year?
- General Mills's current state and local tax expense (benefit) increased by 11.3% year-over-year, from $18.00M to $20.03M.
- What is the long-term trend for General Mills's current state and local tax expense (benefit)?
- Over 4 years (2021 to 2025), General Mills's current state and local tax expense (benefit) has grown at a 14.0% compound annual growth rate (CAGR), from $47.50M to $80.10M.