Diageo DEO
NYSE DEO
$94.62 +0.77 (+0.82%)
At close: Aug 21, 2026 · 4:00 PM EDT

Diageo (DEO) Operating Expenses (2014 - 2022)

Diageo (DEO) posted quarterly Operating Expenses of $3.7 billion for Q4 2022, up 1.32% year-over-year from $3.7 billion in Q4 2021, and up 1.32% quarter-over-quarter from $3.7 billion in Q4 2021.

Diageo (DEO) Operating Expenses (2014 - 2022) Analysis & Trends

Diageo (DEO) has reported Operating Expenses for 9 consecutive years, with $3.7 billion the latest figure, recorded in Q4 2022.

  • In Q4 2022, Operating Expenses rose 1.32% year-over-year to $3.7 billion; the TTM figure through Jun 2024 stood at $3.7 billion (down 49.67% YoY), while the FY2022 annual figure was $5.6 billion, up 11.42% from the prior year.
  • Operating Expenses grew to $3.7 billion in Q4 2022 per DEO's latest filing, from $3.7 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $3.7 billion in Q4 2022 and bottomed at $2.9 billion in Q4 2020.
  • Historically, Operating Expenses has averaged $3.3 billion across 5 years, with a median of $3.2 billion in 2018.
  • Annual changes were most pronounced in 2020 — Operating Expenses declined 6.52% — and 2021, when it increased 25.53%.
  • Diageo's Operating Expenses stood at $3.2 billion in 2018, then retreated by 0.73% to $3.2 billion in 2019, then decreased by 6.52% to $2.9 billion in 2020, then gained by 25.53% to $3.7 billion in 2021, then grew by 1.32% to $3.7 billion in 2022.
  • Business Quant data shows DEO's Operating Expenses at $3.7 billion in Q4 2022, $3.7 billion in Q4 2021, and $2.9 billion in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Diageo 210.11 Bn 203.30 Bn - -
2 Brown Forman 13.51 Bn 13.21 Bn 571.00 Mn 259.00 Mn
3 Mgp Ingredients 387.51 Mn 369.72 Mn 46.47 Mn 20.24 Mn
4 Agencia Comercial Spirits 235.51 Mn 219.68 Mn - -
5 Crimson Wine 87.49 Mn 75.65 Mn 8.62 Mn 12.94 Mn
6 Epsium Enterprise 13.36 Mn 7.57 Mn - -
7 Willamette Valley Vineyards 10.76 Mn 10.76 Mn - -
8 Splash Beverage 536,097.50 154,902.50 1,848.00 980,818.00
9 LQR House 373,908.50 -4.09 Mn -22,236.00 2.89 Mn
10 Sndl 356,122.25 -146.61 Mn 40.74 Mn 31.60 Mn

Historic Data

Download Data
DateValue
Dec 31, 2022 3.75 Bn
Dec 31, 2021 3.70 Bn
Dec 31, 2020 2.95 Bn
Dec 31, 2019 3.15 Bn
Dec 31, 2018 3.17 Bn
Dec 31, 2017 2.89 Bn
Dec 31, 2016 2.64 Bn
Dec 31, 2015 2.63 Bn
Dec 31, 2014 2.99 Bn