Filing Flows › Diageo (DEO) › How it makes money
How Diageo (DEO) makes money
Diageo (DEO) made $12.8B of revenue in the H2 FY25 (H2 FY25). Of every dollar of revenue, 43¢ was left as gross profit, 9¢ was left as operating profit, 3¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | H2 FY25 | % of revenue |
|---|---|---|
| Revenue | $12.8B | 100.0% |
| Cost of revenue | $7.4B | 57.5% |
| Gross profit | $5.4B | 42.5% |
| Operating expenses | $4.3B | 33.3% |
| Operating profit | $1.2B | 9.2% |
| Income tax | $300M | 2.3% |
| Net earnings | $419M | 3.3% |
| Operating cash flow | $1.1B | 8.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| H2 FY25 | $12.8B | — |
| H1 FY25 | $15.2B | 0% |
From Diageo's 20-F filed Aug 14, 2025 (on EDGAR).
Questions
How does Diageo make money?
Diageo (DEO) made $12.8B of revenue in the H2 FY25 (H2 FY25). Of every dollar of revenue, 43¢ was left as gross profit, 9¢ was left as operating profit, 3¢ was left as net earnings.
What is Diageo's profit margin?
Net earnings were $419M, 3.3% of revenue, in the H2 FY25; the operating margin was 9.2%.
Updated Nov 9, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.