Diageo (DEO) Tax Rate (2014 - 2022)
Diageo's (DEO) quarterly Tax Rate came in at 21.26% in 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.
Analysis
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.
- On a quarterly basis, Tax Rate rose 203.0% year-over-year to 21.26% in Q4 2022; TTM through Dec 2022 was 3.45%, a 2660.0% decrease from a year earlier, with the FY2026 full-year figure at 23.63%, up 461.0% from the prior year.
- Tax Rate was 21.26% for Q4 2022 at Diageo, up from 23.29% in the prior quarter.
- Over five years, Tax Rate peaked at 89.37% in Q4 2019 and troughed at 24.43% in Q4 2020.
- A 5-year average of 20.02% and a median of 21.26% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 8320 bps in 2018 and slumped 11380 bps in 2020, its largest moves.
- Over 5 years, Tax Rate stood at 79.71% in 2018, then climbed by 12 bps to 89.37% in 2019, then tumbled by 127 bps to 24.43% in 2020, then rose by 5 bps to 23.29% in 2021, then gained by 9 bps to 21.26% in 2022.
- The last three Tax Rate figures came in at 21.26% (Q4 2022), 23.29% (Q4 2021), and 24.43% (Q4 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 659.69 Bn | 643.71 Bn | 5.90 Bn | - |
| 2 | General Electric | 337.12 Bn | 327.78 Bn | 6.95 Bn | 14.53% |
| 3 | Astrazeneca | 247.89 Bn | 242.60 Bn | 12.86 Bn | -10.40% |
| 4 | Citigroup | 236.49 Bn | -2,065.81 Bn | 24.75 Bn | 24.97% |
| 5 | Bhp | 220.99 Bn | 202.45 Bn | - | - |
| 6 | Rio Tinto | 206.31 Bn | 201.93 Bn | - | - |
| 7 | Diageo | 192.64 Bn | 190.61 Bn | - | - |
| 8 | National Grid | 165.59 Bn | 161.82 Bn | - | - |
| 9 | Unilever | 135.28 Bn | 128.25 Bn | - | - |
| 10 | Hdfc Bank | 119.43 Bn | 82.28 Bn | - | 20.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | -21.26% |
| Dec 31, 2021 | -23.29% |
| Dec 31, 2020 | -24.43% |
| Dec 31, 2019 | 89.37% |
| Dec 31, 2018 | 79.71% |
| Dec 31, 2017 | -3.49% |
| Dec 31, 2016 | -21.02% |
| Dec 31, 2015 | -16.59% |
| Dec 31, 2014 | -16.83% |