Diageo plc
Financial Performance
Diageo Revenue & Financials
Revenue
$19.6B (FY2026)
Market Cap
$47.8B
Employees
27,938
What is Diageo's revenue?
Diageo had $19.6B in revenue for fiscal year 2026, down 3% from 2025.
- Latest revenue
- $19.6B (FY2026)
- Year-over-year
- -3%
- Growth rate (CAGR)
- -1.5% over 3 years
- Peak revenue
- $20.6B (FY2023)
- Years of data
- 4
- Employees
- 27,938
- How many employees does Diageo have?
- Diageo has about 27,938 employees.
Financial Analysis
Diageo's reported net sales were $20.555B in FY2023, $20.269B in FY2024, $20.245B in FY2025 and $19.643B in FY2026. FY2026 operating profit before exceptional items was $5.683B (28.9% margin), but reported operating profit fell 27.2% to $3.156B after $0.9B of restructuring costs and $1.5B of impairments, largely tied to Türkiye and the Don Papa rum brand. Free cash flow rose $463M to $3.211B and net debt was $20.5B. In February 2026 the company adopted a 30%-50% payout dividend policy, cutting the full-year dividend to 50 cents per share to protect investment and reduce leverage. Diageo plc is a global behemoth in the alcoholic beverage industry, commanding a staggering market valuation generally exceeding $70 billion.
Revenue Trend Analysis
YoY Change
-3%
3-Year CAGR
-1.5%
Peak Year
2023
Trend
Declining Trend
Diageo plc has 4 full fiscal year figures on this page, compounding at -1.5% annually over 3 years. The most recent year saw a 3% decline versus the prior year. Annual revenue peaked in fiscal year 2023 at $20.6B. Of 3 comparable year-over-year steps, 0 showed growth and 3 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change | Source |
|---|---|---|---|
| FY2026 | $19.6B | -3.0% | diageo.com Reported net sales were $19.643B in FY2026 (year to June 30, 2026), down 3.0%. |
| FY2025 | $20.2B | -0.1% | sec.gov Net sales were $20.245B in FY2025. |
| FY2024 | $20.3B | -1.4% | sec.gov Net sales were $20.269B in FY2024. |
| FY2023 | $20.6B | — | sec.gov Net sales were $20.555B in FY2023. |
Click any row to see year details.
Keep researching Diageo
Diageo Revenue and Financial FAQ
What are Diageo's annual net sales and profits?
In fiscal 2026 Diageo reported net sales of $19.643B (down 3.0%), operating profit of $3.156B and net profit of $1.958B. In fiscal 2025 net sales were $20.245B.
What is Diageo's dividend policy?
In February 2026 Diageo adopted a 30%-50% payout policy and recommended a full-year fiscal 2026 dividend of 50 cents per share, down from previous levels, to fund investment and cut debt.
How much debt does Diageo have?
Net debt was $20.5B at June 30, 2026, equal to 3.1x adjusted EBITDA. Proceeds from the EABL sale are expected to lower leverage.
Which regions grew in fiscal 2026?
Europe, Latin America and the Caribbean, and Africa grew, while North America and Asia Pacific declined.
How much free cash flow does Diageo generate?
Free cash flow rose by $463M to $3.211B in fiscal 2026.
Why did Diageo's reported profit fall in fiscal 2026?
Reported operating profit fell 27.2% because of $0.9B of restructuring costs and $1.5B of impairments, mainly Türkiye and the Don Papa brand; organic operating profit rose 2.0%.
Is Diageo profitable?
Yes, incredibly profitable. Because the actual cost of distilling alcohol is remarkably cheap, their massive global scale and legendary brand equity allow them to charge massive premium markups, generating billions in highly predictable, recession-resistant free cash flow.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Diageo Revenue & Financials." CorpDigest, https://corpdigest.com/company/diageo/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Diageo reported $19.6B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/diageo/financials" target="_blank" rel="noopener">CorpDigest — Diageo financials</a></div>Related Financial Audits
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