Diageo plc (DEO) quarterly cash flow statement — complete operating, investing & financing history
Diageo plc (DEO) cash flow statement — 29-year operating, investing & financing cash flows
| Metric | Q4'26 | Q2'26 | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 |
|---|
| Cash from Operations | 2.28B | 2.11B | 2.01B | 2.33B | 1.96B | 2.15B | 1.79B | 1.99B | 1.99B | 1.97B | 1.78B | 2B | 1.03B | 1.29B | 1.62B | 1.6B | 1.54B | 1.54B | 1.57B | 1.57B |
| Operating CF Margin % | 24.79% | 20.3% | 21.3% | 21.34% | 21.08% | 19.58% | 23.99% | 21.92% | 26.52% | 24.72% | 30.46% | 29.07% | 22.67% | 17.89% | 27.25% | 23.22% | 27.37% | 23.61% | 27.82% | 24.39% |
| Operating CF Growth % | 13.37% | -9.21% | 2.35% | 8.4% | 9.78% | 7.98% | -10.13% | 1.06% | 11.38% | -1.57% | 72.96% | 55.12% | -36.45% | -19.7% | 5.32% | 4.02% | -1.53% | -1.53% | 22.92% | 22.78% |
| Net Income | -257.95M | 1.98B | 422.6M | 2.08B | 1.82B | 2.34B | 1.29B | 2.32B | 1.28B | 1.97B | 1.08B | 1.58B | -456M | 1.86B | 1.67B | 1.98B | 1.57B | 1.57B | 1.41B | 1.41B |
| Depreciation & Amortization | 332.94M | 413.86M | 362.09M | 389M | 82M | 411M | 761.81M | 270.64M | 282.93M | 112M | 228M | 219M | 253M | 227M | 187M | 185M | 246.5M | 246.5M | 180.5M | 180.5M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59M | 29.5M | 25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | -104.89M | 699M | 557M | 737M | 313.41M | 624.44M | -19.22M | 0 | 94M | 0 | -89M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.33B | 511.36M | 886.37M | -422.69M | -452.54M | -625M | -737.94M | 90.49M | -9.24K | 441.63M | -2.07M | 695M | 1.13B | 1.01B | -120.5M | 517M | -197M | -197M | -103.5M | -103.5M |
| Working Capital Changes | 874.98M | -797.88M | 336.57M | -414M | -49M | -719M | 156.31M | -1.31B | 381.29M | -581.5M | 360M | -29M | 350M | -678M | -111M | -1.07B | -79.5M | -79.5M | 75.5M | 75.5M |
| Change in Receivables | 903.14M | -1.03B | 1.13B | -1.18B | 1.04B | -1.11B | 1.05B | -970.9M | 598M | -976M | 632M | -1.08B | 1.54B | -1.02B | 0 | -829M | 0 | 0 | 0 | 0 |
| Change in Inventory | -22.34M | -97.5M | -298.94M | -175M | -74M | -82M | -203.68M | -449.99M | -553M | -187M | -331M | -112M | -281M | -85M | -217M | -245M | -135.5M | -135.5M | -79.5M | -79.5M |
| Change in Payables | -5.82M | 330.29M | -496.73M | 942M | -1.01B | 469M | -692.34M | 106.79M | 286M | 653M | 59M | 1.16B | -908M | 423M | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -592.28M | -388.99M | -1.11B | -632.36M | -875M | -720M | -866.06M | -455.78M | -866.08M | -252M | -495M | -638M | -414M | -453M | -335.5M | 129M | -292M | -292M | -257.5M | -257.5M |
| Capital Expenditures | -594.04M | -601.89M | -993.5M | -632M | -928M | -582M | -745.39M | -419.01M | -715M | -191M | -376M | -250M | -370M | -330M | -335.5M | -271M | -292M | -292M | -259M | -259M |
| CapEx % of Revenue | 6.47% | 5.78% | 10.54% | 5.8% | 9.97% | 5.31% | 10.01% | 4.62% | 9.54% | 2.4% | 6.42% | 3.64% | 8.13% | 4.58% | 5.63% | 3.92% | 5.18% | 4.47% | 4.6% | 4.03% |
| Acquisitions | 26.9M | 253.69M | 73.34M | -29M | -3M | -3M | -5.24M | -105.16M | -47M | -125M | -118M | -385M | -44M | -123M | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -19M | 0 | -196.68M | -40.36M | 69M | -102M | 248.83M | 8.88M | -29.08M | -12M | 13M | 0 | 175M | 175M | 335.5M | 400M | 292M | 292M | 257.5M | 257.5M |
| Cash from Financing | -2.32B | -1.46B | -398.15M | -1.1B | -715.64M | -1.67B | -2.03B | -175.23M | -863.33M | -2.35B | -1.26B | -1.6B | 1.8B | -705M | -3.15B | -1.04B | -2.33B | -2.33B | -1.44B | -1.44B |
| Debt Issued (Net) | -1.79B | 13.93M | 530.51M | -573M | 225M | -331M | 80.52M | -26.9M | 1.7B | -731M | -408M | -561M | 2.58B | 1.5B | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 3.56K | 994.86K | 24.2M | 948M | -500.72M | 558M | -733.39M | 1.48B | -1.86B | -509M | -69M | 0 | -106M | -577.5M | -1.5B | -1.27B | -1.46B | -1.54B | -8M | -96M |
| Dividends Paid | -449.91M | -1.39B | -917.97M | -1.47B | -940M | -1.42B | -753.92M | -1.05B | -667.01M | -1.04B | -654M | -992M | -640M | -1.01B | -811.5M | -993M | -790.5M | -790.5M | -757.5M | -757.5M |
| Share Repurchases | 0 | 0 | 4M | -1.16B | -535M | -1.13B | -830.72M | -293.27M | -1.07B | -556.55M | -109M | 0 | -127M | -577.5M | -1.5B | -1.27B | -1.47B | -1.54B | -8M | -98M |
| Other Financing | -83.27M | -80.58M | -34.89M | -1.62M | 500.08M | -475M | -625.63M | -578.75M | -29.24M | -74.5M | -126.15M | -44M | -355M | -1.12B | -838M | 1.23B | -206M | 2.08B | -336M | 1.01B |
| Net Change in Cash | -689M | 8.99M | 544M | 526M | -399M | -286M | -1.18B | 449.17M | 505M | -1.03B | 15M | -560M | 3.14B | 769.75M | 14M | 706M | -56M | -56M | 27M | 27M |
| Free Cash Flow | 1.68B | 1.51B | 1.01B | 2.58B | 2.99B | 1.56B | 1.9B | 1.57B | 1.27B | 1.56B | 1.28B | 1.75B | 662M | 958M | 1.29B | 1.33B | 1.25B | 1.25B | 1.31B | 1.31B |
| FCF Margin % | 18.32% | 14.51% | 10.76% | 23.7% | 32.14% | 14.27% | 25.47% | 17.3% | 16.98% | 19.67% | 21.85% | 25.43% | 14.54% | 13.31% | 21.62% | 19.3% | 22.19% | 19.14% | 23.22% | 20.36% |
| FCF Growth % | 65.87% | -41.53% | -66.09% | 65.15% | 57.67% | -0.28% | 49.02% | 0.22% | -0.55% | -10.47% | 93.35% | 82.46% | -48.62% | -28.13% | 3.08% | 6.64% | -4.36% | -4.36% | 28.01% | 36.64% |
| FCF per Share | 3.03 | 2.71 | 1.82 | 4.64 | 5.34 | 2.78 | 3.34 | 2.75 | 2.21 | 2.68 | 2.18 | 2.98 | 1.13 | 1.62 | 1.07 | 1.09 | 1.01 | 0.99 | 1.04 | 1.04 |
| FCF Conversion (FCF/Net Income) | -8.82x | 1.06x | 4.75x | 1.20x | 1.18x | 0.97x | 1.30x | 0.90x | 1.55x | 1.00x | 1.65x | 1.26x | -2.26x | 0.69x | 1.37x | 0.81x | 1.60x | 0.75x | 1.36x | 1.00x |
| Interest Paid | 0 | 0 | 0 | 396.18M | 227.44M | 443M | 416.55M | 131.19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 506M | 548M | 551M | 692M | 751M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |