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Diageo
(LSE:DGE)
Diageo (DGE) vs. iShares MSCI United Kingdom ETF (EWC)
Diageo Business Overview & Revenue Model
Diageo Earnings Call Summary
Diageo Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 20.21B | 20.25B | 20.27B | 20.55B | 15.45B | 12.73B |
| Gross Profit | 12.21B | 12.17B | 12.20B | 12.27B | 9.48B | 7.70B |
| EBITDA | 6.41B | 6.36B | 7.24B | 8.06B | 4.93B | 4.20B |
| Net Income | 3.60B | 2.35B | 3.87B | 4.45B | 3.94B | 2.66B |
Balance Sheet | ||||||
| Total Assets | 46.95B | 49.32B | 45.47B | 44.88B | 36.52B | 31.95B |
| Cash, Cash Equivalents and Short-Term Investments | 1.66B | 2.65B | 1.13B | 1.81B | 2.54B | 2.87B |
| Total Debt | 21.72B | 24.40B | 21.50B | 20.79B | 16.02B | 14.73B |
| Total Liabilities | 34.54B | 36.14B | 33.40B | 33.17B | 27.00B | 23.52B |
| Stockholders Equity | 10.28B | 11.09B | 10.03B | 9.86B | 7.80B | 6.90B |
Cash Flow | ||||||
| Free Cash Flow | 5.57B | 2.69B | 4.55B | 4.33B | 2.84B | 3.03B |
| Operating Cash Flow | 7.13B | 4.30B | 6.07B | 5.74B | 3.94B | 3.65B |
| Investing Cash Flow | -1.51B | -1.72B | -1.59B | -1.43B | -1.34B | -1.09B |
| Financing Cash Flow | -2.54B | -1.49B | -3.11B | -3.04B | -3.26B | -2.79B |
Diageo Technical Analysis
Diageo Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £12.63B | 16.50 | 28.56% | 2.17% | 6.00% | 42.42% | |
75 Outperform | £2.74B | 20.47 | 14.14% | 1.97% | 4.77% | 18.94% | |
72 Outperform | £766.50M | 15.76 | 15.73% | 2.49% | 3.97% | 34.09% | |
65 Neutral | $41.15B | 22.30 | 22.29% | 4.30% | -2.83% | -40.42% | |
65 Neutral | £1.71B | 27.37 | 3.39% | 5.11% | 5.40% | -67.46% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
55 Neutral | £82.94B | 27.78 | 6.03% | 6.19% | -2.24% | ― |
Diageo Corporate Events
Diageo plc announced transactions related to its 2001 Share Incentive Plan, involving the purchase of partnership shares and the award of matching shares. This move, disclosed in compliance with the UK Market Abuse Regulation, involves several key executives and reflects Diageo’s commitment to aligning employee incentives with company performance, potentially impacting stakeholder confidence and market perception.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £24.50 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo plc announced that Sir John Manzoni, the Chair of the company, purchased 358 ordinary shares at £18.33 each on the London Stock Exchange. This transaction, disclosed in accordance with UK Market Abuse Regulation, highlights the confidence of the company’s leadership in its market position and future prospects.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £24.50 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo Finance plc has announced the issuance of EUR 1 billion in fixed-rate instruments under its European Debt Issuance Programme, guaranteed by Diageo plc. This issuance, consisting of two tranches due in 2032 and 2037, reflects Diageo’s strategic financial management and may impact its market positioning by potentially enhancing liquidity and financial flexibility.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £2050.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo plc has announced its total voting rights and capital structure as of September 30, 2025. The company reported an issued capital of 2,432,425,480 Ordinary Shares, with 206,037,878 shares held in Treasury, resulting in 2,226,387,602 voting rights available for shareholder calculations under regulatory guidelines.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £2050.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo has successfully priced €1 billion in fixed rate euro-denominated bonds as part of its European Debt Issuance Programme. The issuance, divided into two series of €500 million bonds, is aimed at general corporate purposes and involves major financial institutions as lead managers. This strategic move is likely to enhance Diageo’s financial flexibility and solidify its market position, while adhering to relevant regulatory frameworks.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £2050.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo has announced the availability of the Notice of its 2025 Annual General Meeting (AGM), scheduled for November 6, 2025, in London. The AGM will be conducted as a hybrid event, allowing both physical and electronic participation, which reflects Diageo’s commitment to accessibility and shareholder engagement.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £2050.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo has announced the appointment of John Rishton as a Non-Executive Director, effective November 1, 2025. Rishton brings over 40 years of business experience, having held executive roles in major companies like Rolls Royce and British Airways. His extensive background in consumer and retail businesses is expected to contribute to Diageo’s strategy for sustainable growth and enhanced shareholder returns.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £24.60 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo plc announced transactions related to its 2001 Share Incentive Plan, involving the purchase of partnership shares and the awarding of matching shares to key executives. These transactions, conducted on the London Stock Exchange and outside trading venues, reflect Diageo’s ongoing commitment to incentivize its leadership team, potentially impacting the company’s operational dynamics and stakeholder interests.
The most recent analyst rating on (GB:DGE) stock is a Hold with a £19.50 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo plc announced that Sir John Manzoni, the company’s Chair, has purchased shares under an arrangement with the company. This transaction, disclosed in compliance with UK Market Abuse Regulation, reflects a strategic move that could influence investor confidence and market perception of Diageo’s leadership stability.
The most recent analyst rating on (GB:DGE) stock is a Hold with a £2057.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo has announced the granting of various share awards to its directors and key managerial personnel under the Diageo 2023 Long Term Incentive Plan and the Diageo Exceptional Stock Award Plan. These awards, which include options and restricted stock units, are subject to performance conditions and are part of the company’s strategy to align the interests of its leadership with long-term shareholder value. This move is expected to strengthen Diageo’s market position by incentivizing its leadership to drive performance and growth, potentially impacting stakeholders positively by enhancing the company’s operational focus and strategic execution.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £24.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo plc has announced the award of Freeshares under its 2001 Share Incentive Plan to several key executives, including the Interim Chief Executive and members of the Executive Committee. This move, disclosed in compliance with the UK Market Abuse Regulation, reflects Diageo’s commitment to aligning the interests of its leadership with those of its shareholders, potentially impacting the company’s governance and stakeholder relations.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £24.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo PLC announced a conditional award of Restricted Stock Units to Nik Jhangiani, the Interim Chief Executive, under the Diageo Deferred Bonus Share Plan. This award, which is part of Jhangiani’s Annual Incentive Plan for fiscal 2025, will vest on June 30, 2028, reflecting Diageo’s commitment to aligning executive incentives with long-term company performance.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £24.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo plc announced the release and exercise of various awards and options under its Long Term Incentive Plans and Exceptional Stock Award Plan, involving American Depositary Shares. These transactions, conducted by members of the Executive Committee, including Alvaro Cardenas and Sally Grimes, were made to cover tax liabilities and were reported in compliance with the UK Market Abuse Regulation. The transactions took place on the New York Stock Exchange and outside trading venues, reflecting Diageo’s ongoing commitment to transparency and regulatory compliance.
The most recent analyst rating on (GB:DGE) stock is a Hold with a £2272.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo has announced the release and exercise of various awards or options under its 2014 Long Term Incentive Plan, impacting ordinary shares. This move involves key members of the Executive Committee, including Ewan Andrew and Cristina Diezhandino, who have engaged in transactions to release awards and sell shares to cover tax liabilities. These transactions, conducted on September 2, 2025, reflect Diageo’s ongoing commitment to aligning executive incentives with shareholder interests, potentially influencing market perceptions and stakeholder confidence.
The most recent analyst rating on (GB:DGE) stock is a Hold with a £2272.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo PLC has announced its total voting rights and capital structure as of August 31, 2025. The company reported an issued capital of 2,432,425,127 Ordinary Shares, with 207,046,917 shares held in Treasury, resulting in a total of 2,225,378,210 voting rights. This information is crucial for shareholders to determine their notification obligations under the FCA’s Disclosure Guidelines and Transparency Rules.
The most recent analyst rating on (GB:DGE) stock is a Hold with a £2272.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo plc, along with its subsidiaries Diageo Finance plc and Diageo Capital B.V., announced the approval of their 2025 prospectus by the Financial Conduct Authority. This approval is part of their annual renewal of the European debt issuance programme, which is crucial for maintaining their financial strategies and operations. The prospectus outlines the programme for the issuance of debt instruments, which is a key component in supporting Diageo’s financial structure and market positioning.
The most recent analyst rating on (GB:DGE) stock is a Hold with a £2272.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo plc announced transactions under its 2001 Share Incentive Plan, involving the purchase of partnership shares and the award of matching shares to key executives. This initiative is part of Diageo’s strategy to align management interests with company performance, potentially impacting stakeholder confidence and reinforcing the company’s commitment to its leadership team.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £3150.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo plc announced that Sir John Manzoni, the Chair, has purchased shares under an arrangement with the company. This transaction, conducted on the London Stock Exchange, reflects the company’s adherence to UK Market Abuse Regulation, potentially impacting stakeholder confidence and the company’s market positioning.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £3150.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo Plc is a global leader in the beverage alcohol industry, known for its extensive portfolio of spirits and beer brands, including Johnnie Walker, Crown Royal, and Guinness, with a presence in nearly 180 countries.
Diageo reported a slight decline in net sales for the fiscal year ending June 2025, primarily due to unfavorable foreign exchange and restructuring costs. Despite these challenges, the company achieved 1.7% organic net sales growth, driven by a balanced mix of volume and price increases. The Accelerate program is progressing well, with increased cost savings targets and a focus on agility and operational efficiency. Diageo remains committed to long-term growth, with plans to enhance its portfolio and strengthen its financial position, despite ongoing macroeconomic uncertainties impacting the spirits sector.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £3150.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Diageo has appointed Deirdre Mahlan as Interim Chief Financial Officer, effective 18 August 2025. Mahlan, with her extensive experience in the spirits industry and previous roles at Diageo, is expected to provide valuable guidance and support to the company’s Accelerate programme aimed at driving sustainable growth.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £3150.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.