Diageo Historical Income Statement
| DEO Stock | USD 118.65 0.06 0.05% |
Historical analysis of Diageo PLC income statement accounts such as Total Revenue of 12.1 B or Gross Profit of 7.4 B can show how well Diageo PLC ADR performed in making a profits. Evaluating Diageo PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Diageo PLC's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Diageo PLC ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Diageo PLC ADR is a good buy for the upcoming year.
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About Diageo Income Statement Analysis
Diageo PLC ADR Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Diageo PLC shareholders. The income statement also shows Diageo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Diageo PLC Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Diageo PLC ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Diageo PLC ADR minus its cost of goods sold. It is profit before Diageo PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Diageo PLC ADR. It is also known as Diageo PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Diageo PLC ADR operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Diageo PLC ADR is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Diageo PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Diageo PLC ADR current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diageo PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Diageo PLC's Interest Expense is very stable compared to the past year. As of the 28th of November 2024, Cost Of Revenue is likely to grow to about 8.4 B, while Depreciation And Amortization is likely to drop about 475.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 502M | 794M | 1.1B | 1.2B | Depreciation And Amortization | 593.1M | 1.3B | 499M | 475.1M |
Diageo PLC income statement Correlations
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Diageo PLC Account Relationship Matchups
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Diageo PLC income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.8B | 447M | 593.1M | 1.3B | 499M | 475.1M | |
| Interest Expense | 571M | 496M | 502M | 794M | 1.1B | 1.2B | |
| Total Revenue | 11.8B | 12.7B | 15.5B | 17.1B | 20.3B | 12.1B | |
| Gross Profit | 7.1B | 7.7B | 9.5B | 10.3B | 12.3B | 7.4B | |
| Other Operating Expenses | 8.3B | 9.0B | 10.7B | 11.8B | 14.3B | 8.9B | |
| Operating Income | 3.5B | 3.7B | 4.8B | 5.3B | 6.0B | 3.1B | |
| Ebit | 2.6B | 4.1B | 5.9B | 4.4B | 6.0B | 3.2B | |
| Research Development | 34M | 40M | 43M | 53M | 69M | 57.4M | |
| Ebitda | 4.4B | 4.5B | 6.5B | 5.7B | 6.5B | 3.7B | |
| Total Operating Expenses | 12.1B | 4.0B | 4.7B | 4.9B | 6.3B | 3.7B | |
| Income Before Tax | 2.0B | 3.7B | 4.4B | 4.7B | 5.5B | 2.9B | |
| Total Other Income Expense Net | 1.4B | 25M | (620.4M) | (811M) | (541M) | (514.0M) | |
| Net Income | 1.4B | 2.7B | 3.9B | 4.4B | 3.9B | 2.1B | |
| Income Tax Expense | 589M | 907M | 1.0B | 970M | 1.3B | 655.9M | |
| Selling General Administrative | 2.0B | 1.8B | 2.2B | 17M | 41M | 39.0M | |
| Cost Of Revenue | 4.7B | 5.0B | 6.0B | 6.8B | 8.0B | 8.4B | |
| Net Income Applicable To Common Shares | 1.4B | 2.7B | 3.2B | 3.7B | 4.3B | 2.9B | |
| Minority Interest | 1.7B | 1.5B | (89M) | (32M) | (296M) | (281.2M) | |
| Selling And Marketing Expenses | 1.8B | 2.2B | 2.7B | 3.1B | 3.7B | 2.0B | |
| Net Income From Continuing Ops | 1.5B | 2.8B | 3.3B | 3.8B | 4.2B | 3.2B | |
| Tax Provision | 589M | 907M | 1.0B | 970M | 1.3B | 918.6M | |
| Interest Income | 45M | 20M | 133M | 217M | 194M | 116.3M | |
| Net Interest Income | (359M) | (365M) | (381M) | (603M) | (925M) | (878.8M) | |
| Reconciled Depreciation | 374M | 1.8B | 447M | 828M | 1.1B | 811.4M |
Pair Trading with Diageo PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diageo PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diageo PLC will appreciate offsetting losses from the drop in the long position's value.Moving against Diageo Stock
| 0.79 | LQR | LQR House Common | PairCorr |
| 0.74 | LVMUY | LVMH Moet Hennessy | PairCorr |
| 0.49 | NAPA | Duckhorn Portfolio Earnings Call This Week | PairCorr |
| 0.44 | BJ | BJs Wholesale Club | PairCorr |
The ability to find closely correlated positions to Diageo PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diageo PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Diageo PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Diageo PLC ADR to buy it.
The correlation of Diageo PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diageo PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diageo PLC ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Diageo PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diageo PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Distillers & Vintners space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diageo PLC. If investors know Diageo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diageo PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 1.035 | Earnings Share 6.91 | Revenue Per Share 2.0142 | Quarterly Revenue Growth (0.01) |
The market value of Diageo PLC ADR is measured differently than its book value, which is the value of Diageo that is recorded on the company's balance sheet. Investors also form their own opinion of Diageo PLC's value that differs from its market value or its book value, called intrinsic value, which is Diageo PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diageo PLC's market value can be influenced by many factors that don't directly affect Diageo PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diageo PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diageo PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diageo PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.