Diageo plc(DEO)Earnings, Financials & Key Ratios
DEO•NYSE
$84.58
$47.01B mkt cap·19.9× P/E·Price updated May 6, 2026
SectorConsumer DefensiveIndustryWineries & DistilleriesSub-IndustryBranded spirits and beer producers
AboutDiageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products. It provides its products under the Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray, and Guinness brands. The company operates in North America, Europe, Turkey, Africa, Latin America, the Caribbean, the Asia Pacific, and internationally. The company was incorporated in 1886 and is headquartered in London, the United Kingdom.Show more
- Revenue$20.25B-0.1%
- EBITDA$6.05B-6.8%
- Net Income$2.35B-39.2%
- EPS (Diluted)4.24-38.7%
- Gross Margin60.13%
- EBITDA Margin29.9%-6.7%
- Operating Margin21.41%-27.7%
- Net Margin11.63%-39.1%
- ROE18.65%-42.7%
- ROIC9.59%-32.8%
- Debt/Equity1.85+3.9%
- Interest Coverage4.19-10.4%
DEO Key Insights
Diageo plc (DEO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 31.0%
- ✓12 consecutive years of dividend growth
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 11.5%
- ✓Healthy dividend yield of 4.9%
- ✓Healthy 5Y average net margin of 19.7%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
DEO Price & Volume
Diageo plc (DEO) stock price & volume — 10-year historical chart
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DEO Growth Metrics
Diageo plc (DEO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.47%
5 Years11.49%
3 Years9.42%
TTM-4.22%
Profit CAGR
10 Years-0.11%
5 Years6.3%
3 Years-15.78%
TTM-30.81%
EPS CAGR
10 Years1.1%
5 Years7.45%
3 Years-14.4%
TTM-19.09%
Return on Capital
10 Years14.81%
5 Years15.45%
3 Years15.37%
Last Year11.68%
DEO Recent Earnings
Diageo plc (DEO) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 4/12 qtrs (33%)
Q1 2026Latest
Feb 25, 2026EPS
$3.80
Est $3.67
+3.5%
Revenue
$10.5B
Est $10.5B
-0.6%
Q3 2025
Aug 5, 2025EPS
$0.76
Est $2.48
-69.4%
Revenue
$9.4B
Est $9.4B
+0.6%
Q4 2024
Dec 31, 2024EPS
$3.47
Est $4.25
-18.4%
Revenue
$10.9B
Est $10.7B
+1.4%
Q3 2024
Aug 6, 2024EPS
$2.97
Est $2.85
+4.2%
Revenue
$9.3B
Est $9.2B
+1.3%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 25, 2026 | $3.80vs $3.67+3.5% | $10.5Bvs $10.5B-0.6% |
| Q3 2025 | Aug 5, 2025 | $0.76vs $2.48-69.4% | $9.4Bvs $9.4B+0.6% |
| Q4 2024 | Dec 31, 2024 | $3.47vs $4.25-18.4% | $10.9Bvs $10.7B+1.4% |
| Q3 2024 | Aug 6, 2024 | $2.97vs $2.85+4.2% | $9.3Bvs $9.2B+1.3% |
Based on last 12 quarters of dataView full earnings history →
DEO Peer Comparison
Diageo plc (DEO) competitors in Branded spirits and beer producers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 STZ | 26.4B | 152.29 | -338.42 | 2.47% | 11.83% | 13.87% | 1.70 | |
 BEAM | 3.32B | 32.33 | -39.92 | 120.01% | -57.24% | -7.31% | 0.24 | |
 SAM | 2.21B | 206.36 | 20.87 | 3.69% | -2.92% | -7.3% | 0.04 | |
 MGPI | 412.89M | 19.32 | -3.87 | -23.77% | -45.97% | -32.05% | 0.37 | |
 WVVI | 13.95M | 2.81 | -4.39 | -100% | -3.31% | -1.81% | 0.23 | |
 BUD | 141.26B | 82.09 | 28.70 | 0.65% | 10.49% | 13.75% | 0.81 | |
 TAP | 8.03B | 42.76 | -3.94 | -4.18% | -18.85% | -18.64% | 0.60 | |
 KO | 340.74B | 79.17 | 26.04 | 1.87% | 27.8% | 41.06% | 1.33 |
Compare DEO vs Peers
Diageo plc (DEO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DEO Income Statement
Diageo plc (DEO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 12.05B | 12.16B | 12.87B | 11.75B | 12.73B | 15.45B | 20.55B | 20.27B | 20.25B | 37.37B |
| Revenue Growth % | 14.93% | 0.94% | 5.79% | -8.67% | 8.35% | 21.35% | 33.02% | -1.39% | -0.12% | -4.22% |
| Cost of Goods Sold | 4.68B | 4.63B | 4.87B | 4.65B | 5.04B | 5.97B | 8.29B | 8.07B | 8.07B | 14.95B |
| COGS % of Revenue | 38.84% | 38.1% | 37.82% | 39.6% | 39.57% | 38.66% | 40.33% | 39.82% | 39.87% | - |
| Gross Profit | 7.37B▲ 0% | 7.53B▲ 2.2% | 8B▲ 6.3% | 7.1B▼ 11.3% | 7.7B▲ 8.4% | 9.48B▲ 23.2% | 12.27B▲ 29.4% | 12.2B▼ 0.6% | 12.17B▼ 0.2% | 22.42B▲ 0% |
| Gross Margin % | 61.16% | 61.9% | 62.18% | 60.4% | 60.43% | 61.34% | 59.67% | 60.18% | 60.13% | 59.99% |
| Gross Profit Growth % | 18.22% | 2.16% | 6.27% | -11.29% | 8.41% | 23.18% | 29.4% | -0.55% | -0.21% | - |
| Operating Expenses | 3.81B | 3.84B | 3.92B | 4.96B | 3.96B | 5.07B | 6.72B | 6.2B | 7.84B | 12B |
| OpEx % of Revenue | 31.63% | 31.55% | 30.47% | 42.21% | 31.13% | 32.81% | 32.69% | 30.57% | 38.72% | - |
| Selling, General & Admin | 1.8B | 1.88B | 2.04B | 1.84B | 2.16B | 2.72B | 3.66B | 3.69B | 3.66B | 9.26B |
| SG&A % of Revenue | 14.92% | 15.47% | 15.87% | 15.67% | 16.99% | 17.61% | 17.82% | 18.21% | 18.09% | - |
| Research & Development | 33M | 36M | 35M | 34M | 40M | 43M | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 0.27% | 0.3% | 0.27% | 0.29% | 0.31% | 0.28% | - | - | - | - |
| Other Operating Expenses | 20M | 1.96B | 1.88B | 3.12B | 1.8B | 2.35B | 3.06B | 2.51B | 4.18B | 2M |
| Operating Income | 3.56B▲ 0% | 3.69B▲ 3.7% | 4.04B▲ 9.5% | 2.14B▼ 47.1% | 3.73B▲ 74.6% | 4.41B▲ 18.2% | 5.55B▲ 25.8% | 6B▲ 8.2% | 4.33B▼ 27.8% | 10.41B▲ 0% |
| Operating Margin % | 29.54% | 30.35% | 31.41% | 18.18% | 29.3% | 28.53% | 26.99% | 29.61% | 21.41% | 27.87% |
| Operating Income Growth % | 25.27% | 3.71% | 9.51% | -47.13% | 74.59% | 18.17% | 25.81% | 8.18% | -27.76% | - |
| EBITDA | 3.92B | 4.06B | 4.42B | 2.62B | 4.18B | 4.9B | 6.84B | 6.49B | 6.05B | 11.55B |
| EBITDA Margin % | 32.53% | 33.37% | 34.32% | 22.27% | 32.81% | 31.7% | 33.3% | 32.04% | 29.9% | 30.92% |
| EBITDA Growth % | 22.65% | 3.55% | 8.8% | -40.74% | 59.65% | 17.23% | 39.73% | -5.11% | -6.79% | -10.37% |
| D&A (Non-Cash Add-back) | 361M | 368M | 374M | 480M | 447M | 489M | 1.3B | 493M | 1.72B | 1.14B |
| EBIT | 3.7B | 5.44B | 4.4B | 3.22B | 3.84B | 4.45B | 6.76B | 6.75B | 4.64B | 9.53B |
| Net Interest Income | -451.45M | -362.15M | -343.43M | -420.52M | -505.16M | -463.86M | -712M | -885M | -831.83M | -1.3B |
| Interest Income | 148M | 155M | 248M | 241.74M | 134M | 168.8M | 409M | 400M | 203.94M | 370.44M |
| Interest Expense | 459M | 409M | 506M | 662.26M | 496M | 632.66M | 1.12B | 1.28B | 1.04B | 1.67B |
| Other Income/Expense | -1.07B | -1.09B | -887.36M | -115.7M | -25M | -73.58M | 95M | -541M | -798M | -2.42B |
| Pretax Income | 3.56B▲ 0% | 3.74B▲ 5.1% | 4.24B▲ 13.2% | 2.04B▼ 51.8% | 3.71B▲ 81.4% | 4.39B▲ 18.4% | 5.64B▲ 28.6% | 5.46B▼ 3.2% | 3.54B▼ 35.2% | 7.99B▲ 0% |
| Pretax Margin % | 29.54% | 30.75% | 32.91% | 17.38% | 29.11% | 28.39% | 27.45% | 26.94% | 17.47% | 21.38% |
| Income Tax | 732M | 596M | 898M | 589M | 907M | 1.05B | 1.16B | 1.29B | 999M | 2.06B |
| Effective Tax Rate % | 20.57% | 15.94% | 21.2% | 28.83% | 24.47% | 23.91% | 20.61% | 23.7% | 28.24% | 25.83% |
| Net Income | 2.66B▲ 0% | 3.02B▲ 13.5% | 3.16B▲ 4.6% | 1.73B▼ 45.1% | 2.66B▲ 53.4% | 3.94B▲ 48.1% | 4.45B▲ 12.8% | 3.87B▼ 12.9% | 2.35B▼ 39.2% | 5.49B▲ 0% |
| Net Margin % | 22.09% | 24.85% | 24.56% | 14.76% | 20.89% | 25.5% | 21.62% | 19.09% | 11.63% | 14.7% |
| Net Income Growth % | 18.63% | 13.52% | 4.57% | -45.12% | 53.37% | 48.15% | 12.8% | -12.94% | -39.17% | -30.81% |
| Net Income (Continuing) | 2.83B | 3.14B | 3.34B | 1.79B | 2.8B | 4.05B | 4.48B | 4.17B | 2.54B | 5.93B |
| Discontinued Operations | -55M | 0 | 0 | -617.71M | 0 | -838.25M | 0 | 0 | 0 | 0 |
| Minority Interest | 1.72B | 1.76B | 1.79B | 1.67B | 1.53B | 1.72B | 1.85B | 2.04B | 2.09B | 1.55B |
| EPS (Diluted) | 4.24▲ 0% | 4.84▲ 14.2% | 5.20▲ 7.4% | 2.96▼ 43.1% | 4.52▲ 52.7% | 6.76▲ 49.6% | 7.84▲ 16.0% | 6.92▼ 11.7% | 4.24▼ 38.7% | 9.85▲ 0% |
| EPS Growth % | 19.1% | 14.15% | 7.44% | -43.08% | 52.7% | 49.56% | 15.98% | -11.73% | -38.73% | -19.09% |
| EPS (Basic) | 4.24 | 4.88 | 5.24 | 2.96 | 4.56 | 6.80 | 7.84 | 6.92 | 4.24 | - |
| Diluted Shares Outstanding | 630.75M | 623.75M | 607M | 588.5M | 586.25M | 581.25M | 567.75M | 559.75M | 557M | 557.75M |
| Basic Shares Outstanding | 628M | 621M | 604.5M | 586.5M | 584.25M | 579.5M | 566M | 558.5M | 555.5M | 555.75M |
| Dividend Payout Ratio | 56.91% | 52.32% | 51.36% | 94.91% | 61.88% | 52.88% | 46.46% | 57.93% | 97.62% | - |
DEO Balance Sheet
Diageo plc (DEO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 8.65B | 8.69B | 9.37B | 11.47B | 11.45B | 12.93B | 15.62B | 15.13B | 17.5B | 14.02B |
| Cash & Short-Term Investments | 1.27B | 909M | 1.06B | 3.4B | 2.87B | 2.54B | 1.81B | 1.13B | 2.65B | 2B |
| Cash Only | 1.19B | 874M | 932M | 3.32B | 2.75B | 2.29B | 1.81B | 1.13B | 2.2B | 1.64B |
| Short-Term Investments | 81M | 35M | 127M | 75M | 121M | 251M | 0 | 0 | 447M | 359.2M |
| Accounts Receivable | 2.43B | 3.13B | 2.99B | 2.17B | 2.79B | 2.79B | 3.72B | 3.79B | 3.13B | 3.37B |
| Days Sales Outstanding | 73.7 | 94.04 | 84.84 | 67.36 | 80.1 | 65.95 | 66.04 | 68.27 | 56.41 | 36.77 |
| Inventory | 4.79B | 5.01B | 5.47B | 5.77B | 6.04B | 7.09B | 9.65B | 9.72B | 10.66B | 7.83B |
| Days Inventory Outstanding | 373.42 | 395.01 | 410.46 | 452.68 | 437.96 | 433.5 | 425.06 | 439.57 | 481.93 | 231.42 |
| Other Current Assets | 360M | 468M | 468M | 648M | 634M | 222M | 437M | 485M | 930M | 819.35M |
| Total Non-Current Assets | 20.2B | 21.02B | 21.92B | 21.84B | 20.51B | 23.58B | 29.26B | 30.35B | 31.82B | 23.29B |
| Property, Plant & Equipment | 4.01B | 4.09B | 4.46B | 4.93B | 4.85B | 5.85B | 7.74B | 8.51B | 9.53B | 7.02B |
| Fixed Asset Turnover | 3.00x | 2.97x | 2.89x | 2.39x | 2.63x | 2.64x | 2.66x | 2.38x | 2.12x | 4.45x |
| Goodwill | 2.72B | 2.68B | 2.68B | 1.91B | 1.96B | 2.29B | 0 | 0 | 2.95B | 0 |
| Intangible Assets | 9.84B | 9.89B | 9.88B | 9.39B | 8.81B | 9.62B | 14.51B | 14.81B | 11.83B | 10.91B |
| Long-Term Investments | 3.12B | 3.2B | 3.5B | 4.21B | 3.55B | 3.78B | 4.9B | 5.13B | 6.03B | 20.84B |
| Other Non-Current Assets | 360M | 1.04B | 1.27B | 1.28B | 1.24B | 1.94B | 1.94B | 1.76B | 1.34B | 5.43B |
| Total Assets | 28.85B▲ 0% | 29.71B▲ 3.0% | 31.3B▲ 5.3% | 33.31B▲ 6.4% | 31.95B▼ 4.1% | 36.52B▲ 14.3% | 44.88B▲ 22.9% | 45.47B▲ 1.3% | 49.32B▲ 8.5% | 37.31B▲ 0% |
| Asset Turnover | 0.42x | 0.41x | 0.41x | 0.35x | 0.40x | 0.42x | 0.46x | 0.45x | 0.41x | 0.83x |
| Asset Growth % | 1.25% | 3.01% | 5.32% | 6.43% | -4.07% | 14.28% | 22.91% | 1.32% | 8.46% | -10.36% |
| Total Current Liabilities | 6.66B | 6.36B | 7B | 6.5B | 7.14B | 8.44B | 9.59B | 9.87B | 10.71B | 8.74B |
| Accounts Payable | 1.36B | 1.51B | 1.69B | 1.33B | 2.01B | 884.18M | 6.68B | 6.35B | 3.12B | 5.22B |
| Days Payables Outstanding | 106.46 | 119.25 | 127.07 | 104.54 | 145.91 | 54.03 | 294.06 | 287.35 | 141.22 | 133.02 |
| Short-Term Debt | 2.46B | 1.83B | 1.96B | 2B | 1.86B | 1.85B | 2.14B | 2.88B | 2.93B | 2.45B |
| Deferred Revenue (Current) | 29M | 37M | 56M | 79M | 541M | 90M | 0 | 0 | 0 | 0 |
| Other Current Liabilities | -589.01M | -1.35B | -1.26B | 1.16B | 1.25B | 5.26B | 603M | 493M | 2.52B | 873.52M |
| Current Ratio | 1.30x | 1.37x | 1.34x | 1.77x | 1.60x | 1.53x | 1.63x | 1.53x | 1.63x | 1.63x |
| Quick Ratio | 0.58x | 0.58x | 0.56x | 0.88x | 0.76x | 0.69x | 0.62x | 0.55x | 0.64x | 0.64x |
| Cash Conversion Cycle | 340.66 | 369.8 | 368.23 | 415.5 | 372.14 | 445.42 | 197.04 | 220.49 | 397.13 | 135.17 |
| Total Non-Current Liabilities | 10.16B | 11.64B | 14.14B | 18.37B | 16.38B | 18.56B | 23.58B | 23.54B | 25.43B | 18.41B |
| Long-Term Debt | 6.58B | 8.14B | 10.6B | 14.79B | 12.96B | 14.5B | 18.65B | 18.62B | 20.82B | 15B |
| Capital Lease Obligations | 157M | 124M | 85M | 364M | 281M | 473.03M | 0 | 0 | 541M | 1.67B |
| Deferred Tax Liabilities | 2.11B | 1.99B | 2.03B | 1.97B | 1.95B | 2.32B | 2.75B | 2.95B | 2.94B | 10.98B |
| Other Non-Current Liabilities | 3.42B | 3.37B | 3.46B | 1.25B | 1.2B | 1.27B | 2.18B | 1.97B | 1.13B | 5.76B |
| Total Liabilities | 16.82B | 18B | 21.14B | 24.87B | 23.52B | 27B | 33.17B | 33.4B | 36.14B | 27.15B |
| Total Debt | 9.04B | 9.9B | 12.55B | 16.79B | 14.73B | 16.02B | 20.79B | 21.5B | 24.4B | 17.96B |
| Net Debt | 7.85B | 9.03B | 11.62B | 13.46B | 11.98B | 13.73B | 18.98B | 20.37B | 22.2B | 16.32B |
| Debt / Equity | 0.75x | 0.85x | 1.24x | 1.99x | 1.75x | 1.68x | 1.78x | 1.78x | 1.85x | 1.85x |
| Debt / EBITDA | 2.31x | 2.44x | 2.84x | 6.41x | 3.52x | 3.27x | 3.04x | 3.31x | 4.03x | 1.55x |
| Net Debt / EBITDA | 2.00x | 2.22x | 2.63x | 5.14x | 2.87x | 2.80x | 2.77x | 3.14x | 3.67x | 3.67x |
| Interest Coverage | 7.75x | 9.02x | 7.99x | 3.23x | 7.52x | 6.97x | 4.95x | 4.67x | 4.19x | 5.71x |
| Total Equity | 12.03B▲ 0% | 11.71B▼ 2.6% | 10.16B▼ 13.3% | 8.44B▼ 16.9% | 8.43B▼ 0.1% | 9.51B▲ 12.8% | 11.71B▲ 23.1% | 12.07B▲ 3.1% | 13.18B▲ 9.2% | 10.16B▲ 0% |
| Equity Growth % | 18.15% | -2.62% | -13.29% | -16.9% | -0.11% | 12.85% | 23.07% | 3.08% | 9.18% | -0% |
| Book Value per Share | 19.07 | 18.78 | 16.73 | 14.34 | 14.38 | 16.37 | 20.62 | 21.56 | 23.66 | 18.22 |
| Total Shareholders' Equity | 10.31B | 9.95B | 8.36B | 6.77B | 6.9B | 7.8B | 9.86B | 10.03B | 11.09B | 8.61B |
| Common Stock | 797M | 780M | 753M | 742M | 741M | 723M | 898M | 887M | 887M | 658.3M |
| Retained Earnings | 5.47B | 5.69B | 3.89B | 4.34B | 5.06B | 5.39B | 6.59B | 7.53B | 10.27B | 8.09B |
| Treasury Stock | -2.18B | -2.14B | -2.03B | -1.94B | -1.88B | -2.23B | 0 | 0 | -2.23B | -1.64B |
| Accumulated OCI | 2.69B | 2.13B | 2.37B | 2.27B | 1.62B | 2.17B | 0 | 0 | 0 | 236.01M |
| Minority Interest | 1.72B | 1.76B | 1.79B | 1.67B | 1.53B | 1.72B | 1.85B | 2.04B | 2.09B | 1.55B |
DEO Cash Flow Statement
Diageo plc (DEO) cash flow — operating, investing & free cash flow history
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 3.13B | 3.08B | 3.25B | 2.32B | 3.65B | 3.94B | 5.74B | 6.07B | 4.3B | 4.3B |
| Operating CF Margin % | 25.99% | 25.36% | 25.24% | 19.74% | 28.7% | 25.47% | 27.94% | 29.92% | 21.22% | - |
| Operating CF Growth % | 22.92% | -1.53% | 5.32% | -28.57% | 57.5% | 7.69% | 45.97% | 5.59% | -29.15% | -54.35% |
| Net Income | 2.83B | 3.14B | 3.34B | 1.45B | 2.8B | 3.34B | 4.48B | 4.17B | 2.54B | 5.49B |
| Depreciation & Amortization | 361M | 493M | 374M | 1.84B | 447M | 828M | 1.3B | 493M | 1.72B | 1.14B |
| Stock-Based Compensation | 0 | 0 | 0 | 3M | 50M | 65.31M | 0 | 0 | 0 | 0 |
| Deferred Taxes | 121M | -107M | -14M | -89M | 94M | -18M | 1.16B | 1.29B | 0 | 1.26B |
| Other Non-Cash Items | -207M | -394M | -277M | -559M | -67M | -93M | 219M | 880M | 118M | 2.35B |
| Working Capital Changes | 151M | -159M | -222M | -328M | 331M | -179M | -1.41B | -768M | -77M | -719.41M |
| Change in Receivables | 89M | -202M | 11M | 523M | -446M | -378M | 142M | -66M | -49M | 225.25M |
| Change in Inventory | -159M | -271M | -434M | -366M | -443M | -740M | -810M | -156M | -470M | -620.4M |
| Change in Payables | 221M | 314M | 201M | -485M | 1.22B | 939M | -746M | -546M | 0 | -324.26M |
| Cash from Investing | -552M | -1.15B | -270M | -805M | -1.09B | -1.34B | -1.43B | -1.59B | -1.72B | -2.91B |
| Capital Expenditures | -518M | -584M | -671M | -700M | -626M | -1.1B | -1.42B | -1.51B | -1.61B | -3B |
| CapEx % of Revenue | 4.3% | 4.8% | 5.21% | 5.96% | 4.92% | 7.1% | 6.89% | 7.45% | 7.96% | - |
| Acquisitions | -83M | -590M | 370M | -119M | -474M | -189M | -404M | -6M | 24M | 229.88M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -52M | 23M | 31M | 14M | 9M | -55M | -44M | -33M | -132M | -168.03M |
| Cash from Financing | -2.46B | -2.12B | -2.92B | 1.04B | -2.79B | -3.26B | -3.04B | -3.11B | -1.49B | -4.02B |
| Debt Issued (Net) | -1.61B | 1.01B | 2.03B | 4.08B | -1.34B | 821M | 69M | -106M | 898M | 192.86M |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 2.74M |
| Dividends Paid | -1.51B | -1.58B | -1.62B | -1.65B | -1.65B | -1.72B | -2.24B | -2.36B | -2.3B | -4.37B |
| Share Repurchases | -41M | -1.51B | -2.77B | -1.28B | -109M | -2.77B | -1.65B | -1.67B | 0 | -1.69B |
| Other Financing | 702.45M | 406.48M | 125.96M | -173M | 302.1M | 569.85M | -1.75B | -1.2B | -109M | -820.39M |
| Net Change in Cash | 108M▲ 0% | -224M▼ 307.4% | 28M▲ 112.5% | 2.43B▲ 8585.7% | -516M▼ 121.2% | -426M▲ 17.4% | -907M▼ 112.9% | -659M▲ 27.3% | 1.07B▲ 262.2% | 703.68M▲ 0% |
| Free Cash Flow | 2.61B▲ 0% | 2.5B▼ 4.4% | 2.58B▲ 3.1% | 1.62B▼ 37.1% | 3.03B▲ 86.9% | 2.84B▼ 6.3% | 4.33B▲ 52.5% | 4.55B▲ 5.3% | 2.69B▼ 41.1% | 7.71B▲ 0% |
| FCF Margin % | 21.69% | 20.55% | 20.03% | 13.78% | 23.78% | 18.37% | 21.05% | 22.47% | 13.26% | 20.64% |
| FCF Growth % | 28.01% | -4.36% | 3.08% | -37.14% | 86.91% | -6.27% | 52.47% | 5.27% | -41.05% | 7.63% |
| FCF per Share | 4.14 | 4.01 | 4.25 | 2.75 | 5.17 | 4.88 | 7.62 | 8.14 | 4.82 | 4.82 |
| FCF Conversion (FCF/Net Income) | 1.18x | 1.02x | 1.03x | 1.34x | 1.37x | 1.00x | 1.29x | 1.57x | 1.83x | 1.40x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 822M | 1.02B | 0 | 1.07B |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 1.44B | 1.1B | 0 | 1.05B |
DEO Key Ratios
Diageo plc (DEO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 23.97% | 25.46% | 28.9% | 18.65% | 31.53% | 43.92% | 41.89% | 32.55% | 18.65% | 54.04% |
| Return on Invested Capital (ROIC) | 13.65% | 13.63% | 14.26% | 7.34% | 13.23% | 15.15% | 15.43% | 14.26% | 9.59% | 9.59% |
| Gross Margin | 61.16% | 61.9% | 62.18% | 60.4% | 60.43% | 61.34% | 59.67% | 60.18% | 60.13% | 59.99% |
| Net Margin | 22.09% | 24.85% | 24.56% | 14.76% | 20.89% | 25.5% | 21.62% | 19.09% | 11.63% | 14.7% |
| Debt / Equity | 0.75x | 0.85x | 1.24x | 1.99x | 1.75x | 1.68x | 1.78x | 1.78x | 1.85x | 1.85x |
| Interest Coverage | 7.75x | 9.02x | 7.99x | 3.23x | 7.52x | 6.97x | 4.95x | 4.67x | 4.19x | 5.71x |
| FCF Conversion | 1.18x | 1.02x | 1.03x | 1.34x | 1.37x | 1.00x | 1.29x | 1.57x | 1.83x | 1.40x |
| Revenue Growth | 14.93% | 0.94% | 5.79% | -8.67% | 8.35% | 21.35% | 33.02% | -1.39% | -0.12% | -4.22% |
DEO Frequently Asked Questions
Diageo plc (DEO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Diageo plc (DEO) reported $37.37B in revenue for fiscal year 2025. This represents a 178% increase from $13.44B in 1997.
Diageo plc (DEO) saw revenue decline by 0.1% over the past year.
Yes, Diageo plc (DEO) is profitable, generating $5.49B in net income for fiscal year 2025 (11.6% net margin).
Dividend & Returns
Yes, Diageo plc (DEO) pays a dividend with a yield of 4.88%. This makes it attractive for income-focused investors.
Diageo plc (DEO) has a return on equity (ROE) of 18.6%. This is reasonable for most industries.
Diageo plc (DEO) generated $7.71B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More DEO
Diageo plc (DEO) financial analysis — history, returns, DCA and operating performance tools
Full DEO Stock Analysis
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