Diageo Financial Statements
NYSE: DEOConsumer StaplesBeverages (Production/Distribution)USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 86.73 -0.01%
Diageo revenue and earnings
In fiscal 2024, Diageo generated $27.96 billion in revenue, up 0.3% from fiscal 2023. Net income was $2.54 billion (-39.1% year over year), for a net margin of 9.1% versus a median of 14.9% in the prior 3 years. Gross margin was 43.5% (down from 43.7%) and operating margin 15.5%.
Diluted earnings per share came in at $1.06, down from $1.73. Over the last 3 fiscal years, DEO's revenue has grown at a -2.0% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Diageo income statement (annual)
| Fiscal year (USD) | FY 20242025-06-30 | FY 20232024-06-30 | FY 20222023-06-30 | FY 20212022-06-30 |
|---|---|---|---|---|
| Revenue | 27.96B | 27.89B | 28.27B | 29.75B |
| Revenue growth (YoY) | +0.26% | -1.34% | -4.98% | — |
| Cost of Revenue | 8.07B | 8.07B | 8.29B | 7.92B |
| Gross Profit | 12.17B | 12.20B | 12.27B | 12.59B |
| Operating Expenses | 23.63B | 21.89B | 22.72B | 23.85B |
| Research & Development | 74.00M | 69.00M | 63.00M | 58.00M |
| Operating Income | 4.33B | 6.00B | 5.55B | 5.90B |
| Interest Expense | 1.25B | 1.28B | 1.12B | 1.22B |
| Pretax Income | 3.54B | 5.46B | 5.64B | 5.81B |
| Income Tax | 999.00M | 1.29B | 1.16B | 1.40B |
| Net Income | 2.54B | 4.17B | 4.48B | 4.41B |
| Net Income growth (YoY) | -39.08% | -6.99% | +1.56% | — |
| EPS (Basic) | 1.06 | 1.73 | 1.96 | 1.85 |
| EPS (Diluted) | 1.06 | 1.73 | 1.96 | 1.84 |
| Shares Outstanding (Basic) | 2.22B | 2.23B | 2.26B | 2.32B |
| Shares Outstanding (Diluted) | 2.23B | 2.24B | 2.27B | 2.33B |
| Gross Margin | 43.53% | 43.73% | 43.39% | 42.33% |
| Operating Margin | 15.50% | 21.52% | 19.62% | 19.82% |
| Net Margin | 9.08% | 14.94% | 15.84% | 14.82% |
This table shows 4 annual periods of Diageo's income statement, from FY 2024 back to FY 2021, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow DEO's reporting calendar. What is a income statement?