Diageo DEO
NYSE DEO
$93.46 -0.39 (-0.42%)
As of: Aug 21, 2026 · 10:16 AM EDT

Diageo (DEO) Tax Rate (2014 - 2022)

Diageo (DEO) posted quarterly Tax Rate of 21.26% for Q4 2022, up 203.0% year-over-year from 7.02% in Q4 2021, and up 8.71% quarter-over-quarter from 23.29% in Q4 2021.

Diageo (DEO) Tax Rate (2014 - 2022) Analysis & Trends

Diageo (DEO) has reported Tax Rate for 9 consecutive years, with 21.26% the latest figure, recorded in Q4 2022.

  • In Q4 2022, Tax Rate rose 203.0% year-over-year to 21.26%; the TTM figure through Dec 2022 stood at 22.57% (down 1109.0% YoY), while the FY2025 annual figure was 28.24%, up 454.0% from the prior year.
  • Tax Rate advanced to 21.26% in Q4 2022 per DEO's latest filing, from 23.29% in the prior quarter.
  • Across five years, Tax Rate topped out at 21.32% in Q4 2018 and bottomed at 24.43% in Q4 2020.
  • Historically, Tax Rate has averaged 13.84% across 5 years, with a median of 21.51% in 2019.
  • Annual changes were most pronounced in 2018 — Tax Rate jumped 2481 bps — and 2019, when it plunged 4283 bps.
  • Diageo's Tax Rate stood at 21.32% in 2018, then slumped by 201 bps to 21.51% in 2019, then retreated by 14 bps to 24.43% in 2020, then advanced by 5 bps to 23.29% in 2021, then climbed by 9 bps to 21.26% in 2022.
  • Business Quant data shows DEO's Tax Rate at 21.26% in Q4 2022, 23.29% in Q4 2021, and 24.43% in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Diageo 208.03 Bn 201.22 Bn - -
2 Brown Forman 13.40 Bn 13.09 Bn 571.00 Mn 23.94%
3 Mgp Ingredients 377.76 Mn 359.96 Mn 46.47 Mn 20.32%
4 Agencia Comercial Spirits 235.51 Mn 219.68 Mn - -
5 Crimson Wine 87.49 Mn 75.65 Mn 8.62 Mn 24.95%
6 Epsium Enterprise 19.49 Mn 13.69 Mn - -
7 Willamette Valley Vineyards 11.63 Mn 11.63 Mn - -
8 Splash Beverage 519,765.61 138,570.61 1,848.00 -
9 LQR House 379,976.49 -4.08 Mn -22,236.00 -
10 Sndl 348,352.32 -146.61 Mn 40.74 Mn -17.72%

Historic Data

Download Data
DateValue
Dec 31, 2022 -21.26%
Dec 31, 2022 -21.26%
Dec 31, 2022 -21.26%
Dec 31, 2021 -23.29%
Dec 31, 2021 -23.29%
Dec 31, 2021 -23.29%
Dec 31, 2020 -24.43%
Dec 31, 2020 -24.43%
Dec 31, 2020 -24.43%
Dec 31, 2019 -21.51%
Dec 31, 2019 -21.51%
Dec 31, 2019 -21.51%
Dec 31, 2018 21.32%
Dec 31, 2018 21.32%
Dec 31, 2018 21.32%
Dec 31, 2017 -3.49%
Dec 31, 2017 -3.49%
Dec 31, 2017 -3.49%
Dec 31, 2016 -21.02%
Dec 31, 2016 -21.02%