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Diageo plc

DGE.LConsumer DefensiveLSE

Beverages - Wineries & Distilleries · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$20.25B
-0.1% YoY
Net Income
$2.35B
-39.2% YoY
EBITDA
$6.36B
-10.3% YoY
Free Cash Flow
$958.1M

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About Diageo plc

Part of the consumer defensive sector, Diageo plc (DGE.L) is listed under Beverages - Wineries & Distilleries. With a market capitalization of $32.89B, it sits in large-cap territory. It offers beer, scotch, gin, vodka, rum, liqueur, raki, wine, Irish and Canadian whisky, US and Indian whisky, Chinese whisky, cachaça, tequila, brandy, and Chinese white spirit beverages.

Key stats
Market Cap$32.89B
P/E (TTM)18.49
Fwd P/E12.35
EPS$0.80
Beta0.30
52W Change-27.0%
Dividend Yield4.21%
ROE19.7%
Analysis

Diageo plc carries $24.29B in total debt against $2.21B in cash reserves — debt is roughly 11.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $958.1M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 19.7%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 7.2% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $20.52B (2022) to $20.25B (2025).

The relatively low beta of 0.30 suggests DGE.L is a less volatile holding compared to the broader index. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Diageo plc's trajectory.

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DGE.L — Diageo plc Technical Analysis | Scanance