Diageo DEO
NYSE DEO
$93.95 +0.10 (+0.11%)
As of: Aug 21, 2026 · 1:44 PM EDT

Diageo (DEO) Gross Margin (2014 - 2022)

Diageo (DEO) posted quarterly Gross Margin of 43.85% for Q4 2022, up 129.0% year-over-year from 19.15% in Q4 2021, and up 3.02% quarter-over-quarter from 42.56% in Q4 2021.

Diageo (DEO) Gross Margin (2014 - 2022) Analysis & Trends

Diageo (DEO) has reported Gross Margin for 9 consecutive years, with 43.85% the latest figure, recorded in Q4 2022.

  • In Q4 2022, Gross Margin rose 129.0% year-over-year to 43.85%; the TTM figure through Dec 2022 stood at 54.9% (up 18.0% YoY), while the FY2025 annual figure was 43.53%, down 20.0% from the prior year.
  • Gross Margin rose to 43.85% in Q4 2022 per DEO's latest filing, from 42.56% in the prior quarter.
  • Across five years, Gross Margin topped out at 43.85% in Q4 2022 and bottomed at 40.37% in Q4 2020.
  • Historically, Gross Margin has averaged 42.15% across 5 years, with a median of 42.46% in 2018.
  • Annual changes were most pronounced in 2020 — Gross Margin plunged 116 bps — and 2021, when it jumped 219 bps.
  • Diageo's Gross Margin stood at 42.46% in 2018, then slipped by 2 bps to 41.53% in 2019, then slipped by 3 bps to 40.37% in 2020, then gained by 5 bps to 42.56% in 2021, then rose by 3 bps to 43.85% in 2022.
  • Business Quant data shows DEO's Gross Margin at 43.85% in Q4 2022, 42.56% in Q4 2021, and 40.37% in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Diageo 209.06 Bn 202.24 Bn - -
2 Brown Forman 13.45 Bn 13.14 Bn 571.00 Mn 49.27%
3 Mgp Ingredients 383.22 Mn 365.43 Mn 46.47 Mn 37.37%
4 Agencia Comercial Spirits 235.51 Mn 219.68 Mn - -
5 Crimson Wine 87.49 Mn 75.65 Mn 8.62 Mn 42.11%
6 Epsium Enterprise 13.22 Mn 7.43 Mn - -
7 Willamette Valley Vineyards 11.38 Mn 11.38 Mn - -
8 Splash Beverage 524,219.76 143,024.76 1,848.00 43.75%
9 LQR House 380,275.64 -4.08 Mn -22,236.00 -9.99%
10 Sndl 356,122.25 -146.61 Mn 40.74 Mn 23.90%

Historic Data

Download Data
DateValue
Dec 31, 2022 43.85%
Dec 31, 2021 42.56%
Dec 31, 2020 40.37%
Dec 31, 2019 41.53%
Dec 31, 2018 42.46%
Dec 31, 2017 41.18%
Dec 31, 2016 41.14%
Dec 31, 2015 40.09%
Dec 31, 2014 39.80%