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DEO logoDiageo plc (DEO) Earnings History

Annual and quarterly earnings data from 1997 to 2025

TTM Net Income
$5.49B
Profitable
TTM EPS
$9.85
Diluted
YoY EPS Growth
-38.7%
Declining
Net Margin
11.6%
Profitability
Operating Margin21.4%
Gross Margin60.1%
ROE18.6%
ROA5.0%
Highest Annual Net Income$4.45B (2023)
Highest Quarterly EPS$4.76 (Q2 2023)
Consecutive Profitable Years29 years
Q2 2026
Net Income$1.48B
EPS$2.64
QoQ Growth+249.0%Excellent

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DEO EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-38.7%
Declining
3-Year
-14.4%
Declining
5-Year
+7.5%
Solid
10-Year
+1.1%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

DEO Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202560.1%21.4%11.6%
202460.2%29.6%19.1%
202359.7%27.0%21.6%
202261.3%28.5%25.5%
202160.4%29.3%20.9%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Diageo plc (DEO) Earnings Overview

As of May 8, 2026, Diageo plc (DEO) reported trailing twelve-month net income of $5.49B, reflecting -38.7% year-over-year growth. The company earned $9.85 per diluted share over the past four quarters, with a net profit margin of 11.6%.

Looking at the long-term picture, DEO's 5-year EPS compound annual growth rate (CAGR) stands at +7.5%, showing solid earnings momentum. The company achieved its highest annual net income of $4.45B in fiscal 2023.

Diageo plc maintains positive profitability with a gross margin of 60.1%, operating margin of 21.4%, and net margin of 11.6%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including STZ ($1.11B net income, -0.8% margin), BEAM (-$65M net income, -57.2% margin), SAM (-$61M net income, 5.2% margin), DEO has outperformed on profitability metrics. Compare DEO vs STZ →

DEO Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
DEO logoDEOCurrent
$5.5B$9.8511.6%18.6%-38.7%—
STZ logoSTZ
$1.1B$6.35-0.8%-0.9%-104.8%
BEAM logoBEAM
-$65M$-0.63-57.2%-8.1%+82.3%
SAM logoSAM
-$61M$-5.855.2%12.3%+95.5%
MGPI logoMGPI
-$240M$-11.20-20.1%-13.9%-419.9%
WVVI logoWVVI
-$1M$-0.25--2.8%-33.3%
Best in group
Lowest in group

DEO Historical Earnings Data (1997–2025)

29 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$2.35B-39.2%$4.33B$4.2411.6%21.4%
2024$3.87B-12.9%$6.00B$6.9219.1%29.6%
2023$4.45B+12.8%$5.55B$7.8421.6%27.0%
2022$3.94B+48.1%$4.41B$6.7625.5%28.5%
2021$2.66B+53.4%$3.73B$4.5220.9%29.3%
2020$1.73B-45.1%$2.14B$2.9614.8%18.2%
2019$3.16B+4.6%$4.04B$5.2024.6%31.4%
2018$3.02B+13.5%$3.69B$4.8424.8%30.3%
2017$2.66B+18.6%$3.56B$4.2422.1%29.5%
2016$2.24B-5.8%$2.84B$3.5621.4%27.1%

Full DEO Stock Analysis

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Is DEO Undervalued?

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Compare DEO vs WMT

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DEO — Frequently Asked Questions

Quick answers to the most common questions about buying DEO stock.

Is DEO growing earnings?

DEO EPS fell to $9.85, with earnings declining -38.7%. This contrasts with the 5-year CAGR of +7.5%. TTM net income dropped to $5.5B.

What are DEO's profit margins?

Diageo plc net margin is +11.6%, with operating margin at +21.4%. Margins sit within typical range for the sector.

How consistent are DEO's earnings?

DEO earnings data spans 1997-2025. The declining earnings trend is -38.7% YoY. Historical data enables comparison across business cycles.

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DEO Earnings Over Time (2014–2025)

Net income and EPS trends