Stocktoria

Diageo plc DGE.L

GB · London Stock Exchange · XLON · stock · Consumer Defensive · website

Diageo plc statistics & valuation

Market cap$36.0B
P / E20.7×
P / S1.8×
P / B3.3×
P / FCF11.3×
Dividend yield5.13%
Net margin8.8%
Return on equity16.0%
FCF margin16.3%
Net debt$20.7B
Enterprise value$68.3B
Earnings yield EBIT/EV5.6%
Return on capital8.7%
Graham number -99.4%$9.26

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($9.26); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
21.60% 19.10% 11.60% 8.80% 2023202420252026
Gross margin (%)
59.70% 60.20% 60.10% 59.50% 2023202420252026
Operating margin (%)
27.00% 29.60% 21.40% 16.10% 2023202420252026
Return on equity (%)
45.10% 38.60% 21.20% 16.00% 2023202420252026
Shares outstanding
2.22B 2.22B 2.22B 2.22B 2023202420252026
Net debt ($)
$19.54B $20.98B $22.20B $20.68B 2023202420252026
Share buybacks ($)
$1.67B $987.0M $0 $0 2023202420252026
Return on assets (%)
9.90% 8.50% 4.80% 3.70% 2023202420252026
Free cash flow margin (%)
10.80% 12.80% 13.30% 16.30% 2023202420252026
Debt / equity (×)
2.17× 2.20× 2.20× 2.04× 2023202420252026
EPS ($)
$2.07 $1.73 $1.06 $0.78 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Diageo plc trades at about 2078.9× earnings — above its 10-year norm (10-year range 1399.9×–2098.2×, median 1753.1×).

1399.9× 2098.2×

Shaded band = 10-year range (1399.9×–2098.2×); dot = today's 2078.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin59.5%60.1%60.2%59.7%
Operating margin16.1%21.4%29.6%27.0%
Net margin8.8%11.6%19.1%21.6%
FCF margin16.3%13.3%12.8%10.8%
Return on assets3.7%4.8%8.5%9.9%
Return on equity16.0%21.2%38.6%45.1%
Debt / equity1.75×1.88×1.86×1.89×
Current ratio1.601.631.531.63

Computed from company filings · GB · as of 2025-06-30. Figures in USD. Facts plus Stocktoria's own computed scores — not investment advice.