Other
Effective Income Tax Rate Reconciliation Tax Credits Research
General Mills Effective Income Tax Rate Reconciliation Tax Credits Research remained flat by 0.0% to 0.4% in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 25.0%, from 0.3% to 0.4%. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Higher values indicate more effective utilization of R&D tax credits to reduce the total tax liability.
Detailed definition
Quantifies the reduction in the company's effective tax rate resulting from research and development tax credits. This m...
Peer comparison
Commonly reported by technology, pharmaceutical, and consumer goods companies with significant R&D spending.
Metric ID:
other_effective_income_tax_rate_reconciliation_tax_credi_c8f416Historical Data
4 years
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | 0% | 0% | 1.2% | 1.5% |
| YoY Change | — | — | — | +25.0% |
Range0% – 1.5%
Avg YoY Growth+25.0%
Median YoY Growth+25.0%
Effective Income Tax Rate Reconciliation Tax Credits Research at Other Companies
Frequently Asked Questions
- What is General Mills's effective income tax rate reconciliation tax credits research?
- General Mills (GIS) reported effective income tax rate reconciliation tax credits research of 0.4% in Q1 2025.
- How has General Mills's effective income tax rate reconciliation tax credits research changed year-over-year?
- General Mills's effective income tax rate reconciliation tax credits research increased by 25.0% year-over-year, from 0.3% to 0.4%.
- What does effective income tax rate reconciliation tax credits research mean?
- The percentage reduction in the effective tax rate due to research and development tax incentives.