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| Date | Value |
|---|---|
| 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% |