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General Mills Tax Rate %

: 22.34% (As of May. 2021)
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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. General Mills's Tax Expense for the three months ended in May. 2021 was $107 Mil. General Mills's Pre-Tax Income for the three months ended in May. 2021 was $479 Mil. Therefore, General Mills's Tax Rate % for the quarter that ended in May. 2021 was 22.34%.


General Mills Tax Rate % Historical Data

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

General Mills Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Tax Rate %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.85 2.68 17.67 18.48 22.02

General Mills Quarterly Data
Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21
Tax Rate % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.05 22.01 22.31 21.49 22.34

General Mills Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

General Mills's Tax Rate % for the fiscal year that ended in May. 2021 is calculated as

Tax Rate %=Tax Expense (A: May. 2021 )/Pre-Tax Income (A: May. 2021 )
=629.1/2857.4
=22.02 %

General Mills's Tax Rate % for the quarter that ended in May. 2021 is calculated as

Tax Rate %=Tax Expense (Q: May. 2021 )/Pre-Tax Income (Q: May. 2021 )
=106.9/478.6
=22.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


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