Filing Flows › Diageo (DEO) › H1 FY25
Diageo (DEO) H1 FY25 earnings results (H1 FY25)
6-K filed Feb 4, 2025
Diageo (DEO) reported revenue of $15.2B for the H1 FY25 (H1 FY25), 0% from a year earlier. Operating margin was 20.8%, net earnings $1.9B (12.8% of revenue).
Diageo, H1 FY25: revenue $15.2B (0% year over year), operating margin 20.8%, net earnings $1.9B, operating cash flow $3.2B. The chart follows the revenue to costs, profit and cash.
| H1 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.2B | — | 0% |
| Gross profit | $6.7B | — | +0.3% |
| Operating profit | $3.2B | — | -5% |
| Net earnings | $1.9B | — | -12% |
| Operating cash flow | $3.2B | — | +5% |
| Free cash flow | $2.6B | — | +5% |
What changed
Revenue was $15.2B in H1 FY25, roughly flat year over year.
Gross margin was 44.4%, up 0.1 points from a year earlier. Operating profit was $3.2B, a 20.8% margin (down 1.1 points year over year). Operating expenses grew 5% against flat revenue. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $1.9B, down 12% year over year. The effective tax rate was 25.2%.
Operating cash flow was $3.2B (up 5% year over year), 155% of net income including minority interests. Working capital and other items added $1.1B. Capital expenditures of $0.63B left free cash flow of $2.6B.
Questions
What was Diageo's revenue in the H1 FY25?
Diageo (DEO) reported revenue of $15.2B for the H1 FY25 (H1 FY25), 0% from a year earlier.
Was Diageo profitable in the H1 FY25?
Operating profit was $3.2B (20.8% of revenue) and net earnings $1.9B.
Source: Diageo 6-K on SEC EDGAR.