# Diageo share price today (Diageo plc, DEO)

> Diageo plc's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. DEO · Consumer Staples · Beverages - Wineries & Distilleries · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/deo

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $94.05 (+2.1% in a year)
- P/E: 29.9×, over 8.8 years
- Revenue (Jun 2026): $9.2 B (−1.7% on a year ago)
- Profit (Jun 2026): −$152 M (−132.8% on a year ago)
- Operating margin: 27.0% (+2.0 points on a year ago)
- ROE: 15%, FY26
- ROIC: 13.2%, against a 5.4% cost of capital: +7.8 points

The main question: the share price moved +2.1% in a year while yearly earnings per share moved −26.3%. The difference came from the market paying a higher multiple. ## What is the Diageo share price today? Diageo plc's share price was $94.05 at the close on 3 November 2026. It has been stalling near its high for 5 weeks. That is 9.6% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 5 weeks in a row. In the last 52 weeks it traded between $73 and $100, and at that close it sat 77% of the way up from that low. Over the last 10 years the share price moved −17% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Diageo pay? Diageo plc paid $1.53 per share over the last four reported quarters. The most recent declaration was $0.30 for Jun 2026. At today's price of $94.05 that is a yield of 1.63%, based on dividends already paid, not a forecast. ## Which stock lists is Diageo on? Diageo is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Diageo profitable? Diageo plc posted a net loss of $152 M in the Jun 2026 quarter. Full-year FY26 profit was $2.0 B. Over 5 years profit has grown −12.7% a year on average. That loss is 1.7% of the quarter's revenue. The same quarter a year earlier earned $1.8 B. 1 of the last 12 reported quarters were loss-making. Jun 2026 profit was −$152 M, −132.8% on a year earlier. For the full year, FY26 profit was $2.0 B (−22.9% on the year before). Why profit moved: revenue changed −1.7% on a year earlier and the margin moved +2.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed −54.3% and revenue −1.5%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Diageo make, and is it growing? Diageo plc reported $9.2 B of revenue in the Jun 2026 quarter, −1.7% on the same quarter a year earlier. Over 5 years it has grown 2.2% a year on average. The last full year, FY26, came in at $19.6 B. FY26 revenue was $19.6 B, −3.0% on the year before. Recent pace: the last four quarters grew −1.5% on average, against 2.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −2.3%, against +3.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −48.0%, against −26.0% a year (rolling over). ## How much of every $100 of sales does Diageo keep? Diageo plc's operating margin was 27.0% in the Jun 2026 quarter, 2.0 percentage points higher than the same quarter a year ago. Over the last four quarters it has moved −1.3 percentage points. Across 7 years it has been between 28.3% and 31.1%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −1.3 percentage points on the year while gross margin changed −1.2 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Diageo's profit turning into cash? Over the last 3 years, 148% of Diageo plc's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $4.4 B of operating cash against $2.0 B of profit. After $1.2 B of spending on assets, $3.2 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Diageo's cash go? Diageo plc does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $4.3 B on assets over the last 3 years. Averaged over those years that is 7.3% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $4.3 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Diageo's P/E ratio, and how does it compare with its own history? Diageo plc's P/E is 29.9×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −26.3% while the price moved +2.1%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved −14.4% a year; about −27.6% a year came from earnings growth and about +13.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Diageo business getting better or worse? Diageo plc's business is giving mixed signals. Revenue, profit and EPS growth are shrinking while ROCE is steady at 32.0%, so growth and returns point different ways. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Diageo earn on its capital? Diageo plc earned a ROE of 15% in FY26. Its return on capital used (ROIC) is 7.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 10.0% net margin and 0.42× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 10.0% net margin × 0.42× asset turnover × 3.62× leverage (assets divided by equity) ≈ 15.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 13.2% − 5.4% = +7.8 percentage points. The 5.4% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. ## Does Diageo have too much debt? Diageo plc has total debt of $22.2 B against shareholder equity of $13.0 B as of Jun 2026, so its debt is 1.71× its equity. Year by year, that ratio went from 1.75 in FY21 to 1.71 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Diageo shareholding pattern? We have no ownership or short-position figures for Diageo plc, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 3.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Diageo from balance-sheet trouble? For Diageo plc, the Z-score is 2.21. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.21 is in the grey area, neither clearly safe nor clearly in trouble. ## How does Diageo rank in its industry? 63.9 out of 100, rank 1 of 5 in Beverages - Wineries & Distilleries, with 51% of the evidence available. Diageo plc scores 63.9 out of 100 against the 5 companies it is compared with in Beverages - Wineries & Distilleries, ranking 1. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 20.8 + 16.9 + 9.3 + 16.9 = 63.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Diageo compared with? Diageo ranks 1 of 5 Beverages - Wineries & Distilleries companies on the 4-Factor Sector Score, with 63.9 out of 100. 1. Diageo plc this page DEO · breaking out · Too little evidence to rank firmly · 51% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue n/a · Profit n/a · Operating margin change 2 points · 26% evidence Capital efficiency 16.9/25 · ROCE 15.9% · Operating margin 27% · 76% evidence Valuation 9.3/20 · P/E 20× · PEG n/a · 15% evidence Relative strength 16.9/20 · Lead over its industry 4.5% · Lead over S&P 500 3% · 1 year 3.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 20.8 + 16.9 + 9.3 + 16.9 = 63.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 2. [Brown-Forman Corporation](https://www.sectoralpha.in/us/stocks/bf-b) BF-B · turning · Evidence leans up · 85% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue -0.8% · Profit -14.6% · Operating margin change 0.4 points · 95% evidence Capital efficiency 20.5/25 · ROCE 16.7% · Operating margin 27.6% · 76% evidence Valuation 15.0/20 · P/E 18.3× · PEG 0.67 · 65% evidence Relative strength 14.6/20 · Lead over its industry 2.3% · Lead over S&P 500 0.6% · 1 year 8.8% · 100% evidence · 3 of 12 weeks ahead Exact sum: 12.7 + 20.5 + 15 + 14.6 = 62.8 · What this means: Relative strength against the index is 0.6%, and revenue and profit growth are weak. 3. [SNDL Inc.](https://www.sectoralpha.in/us/stocks/sndl) SNDL · turning · Most evidence points down · 64% evidence 34.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.0/35 · Revenue -1.8% · Profit n/a · Operating margin change -3.5 points · 62% evidence Capital efficiency 3.6/25 · ROCE -1.3% · Operating margin -2.3% · 76% evidence Valuation 11.5/20 · P/E -37.2× · PEG n/a · 15% evidence Relative strength 6.0/20 · Lead over its industry -10.8% · Lead over S&P 500 -12.5% · 1 year -24.2% · 100% evidence · 1 of 12 weeks ahead Exact sum: 13 + 3.6 + 11.5 + 6 = 34.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Agencia Comercial Spirits Ltd](https://www.sectoralpha.in/us/stocks/agcc) AGCC · quiet · Too little evidence to rank firmly · 36% evidence 37.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.9/35 · Revenue n/a · Profit n/a · Operating margin change -30.9 points · 15% evidence Capital efficiency 8.7/25 · ROCE 7.8% · Operating margin 6.3% · 57% evidence Valuation 8.5/20 · P/E 318.3× · PEG n/a · 15% evidence Relative strength 5.6/20 · Lead over its industry -2.6% · Lead over S&P 500 -4.1% · 1 year 160% · 70% evidence · 0 of 12 weeks ahead Exact sum: 14.9 + 8.7 + 8.5 + 5.6 = 37.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [MGP Ingredients, Inc.](https://www.sectoralpha.in/us/stocks/mgpi) MGPI · Too little evidence to rank firmly · 44% evidence 37.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/43.75 · Revenue -18.1% · Profit n/a · Operating margin change -4.7 points · 62% evidence Capital efficiency 11.2/31.25 · ROCE 6.7% · Operating margin 14.8% · 76% evidence Valuation 13.4/25 · P/E -1.6× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 12.7 + 11.2 + 13.4 = 37.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Beverages - Wineries & Distilleries](https://www.sectoralpha.in/us/sectors/beverages-wineries-distilleries), all 5 compared on one page. ## Which companies are close to Diageo in size? Diageo is the largest of 5 Beverages - Wineries & Distilleries companies on Sector Alpha by market value (scores of 3 November 2026). It is the largest. Just below it: Brown-Forman Corporation, MGP Ingredients, Inc., SNDL Inc. and Agencia Comercial Spirits. ### Beverages - Wineries & Distilleries companies close in size

1. Diageo plc $52.6 billion
2. [Brown-Forman Corporation](https://www.sectoralpha.in/us/stocks/bf-b) $13.3 billion
3. [MGP Ingredients, Inc.](https://www.sectoralpha.in/us/stocks/mgpi) $364 million
4. [SNDL Inc.](https://www.sectoralpha.in/us/stocks/sndl) $329 million
5. [Agencia Comercial Spirits Ltd](https://www.sectoralpha.in/us/stocks/agcc) $318 million

[All 5 Beverages - Wineries & Distilleries companies, largest first](https://www.sectoralpha.in/us/sectors/beverages-wineries-distilleries#all-companies)

### Companies close in size in other industries

1. [Wheaton Precious Metals Corp.](https://www.sectoralpha.in/us/stocks/wpm) $54 billion · Gold
2. [Autodesk, Inc.](https://www.sectoralpha.in/us/stocks/adsk) $53.9 billion · Software - Application
3. Diageo plc $53.9 billion
4. [argenx SE](https://www.sectoralpha.in/us/stocks/argx) $53.8 billion · Biotechnology
5. [Edwards Lifesciences Corporation](https://www.sectoralpha.in/us/stocks/ew) $53.8 billion · Medical Devices

## What else do people ask about Diageo? ### What were Diageo's latest quarterly results? Diageo plc reported revenue of $9.2 B and a net loss of $152 M for the Jun 2026 quarter. Revenue fell 1.7% and profit fell 132.8% compared with a year earlier. Earnings per share were −$0.12. The operating margin was 27.0%, 2.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Diageo's market cap? Diageo plc's market capitalisation is $52.6 B at a stock price of $94.05. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Diageo performing? Diageo plc's share price has been stalling near its high for 5 weeks. In its latest quarter, revenue fell 1.7% and profit fell 132.8% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 5 weeks running (as of 3 November 2026). ### Will Diageo's stock price go up? This page does not forecast Diageo plc's stock price. What it shows instead: the stock price is $94.05, and it has been stalling near its high for 5 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Diageo in its business cycle? Diageo plc's FY26 operating margin was 29.3%, against a 7-year range of 28.3% to 31.1%: the middle of its own range, neither a peak nor a low. The latest quarter was 27.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Diageo story? The main question: the share price moved +2.1% in a year while yearly earnings per share moved −26.3%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Diageo a stock worth studying right now? What the numbers show: Diageo plc's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.