Tax
State & Local Tax (Current)
General Mills State & Local Tax (Current) 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 $18M to $20.03M. Over 4 years (FY 2021 to FY 2025), State & Local Tax (Current) shows an upward trend with a 14.0% CAGR.
Analysis
StatementIncome Statement
SectionTax
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
Metric ID:
vz_current_state_and_local_tax_expenseHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $47.5M | $60.8M | $82.2M | $72M | $80.1M |
| YoY Change | — | +28.0% | +35.2% | -12.4% | +11.3% |
Range$47.5M – $82.2M
CAGR+14.0%
Avg YoY Growth+15.5%
Median YoY Growth+19.6%
State & Local Tax (Current) at Other Companies
Frequently Asked Questions
- What is General Mills's state & local tax (current)?
- General Mills (GIS) reported state & local tax (current) of $20.03M in Q1 2025.
- How has General Mills's state & local tax (current) changed year-over-year?
- General Mills's state & local tax (current) increased by 11.3% year-over-year, from $18M to $20.03M.
- What is the long-term trend for General Mills's state & local tax (current)?
- Over 4 years (2021 to 2025), General Mills's state & local tax (current) has grown at a 14.0% compound annual growth rate (CAGR), from $47.5M to $80.1M.