Diageo Future Growth

Future criteria checks 2/6

Diageo is forecast to grow earnings and revenue by 3.9% and 3.5% per annum respectively. EPS is expected to grow by 5.2% per annum. Return on equity is forecast to be 30.1% in 3 years.

Key information

3.9%

Earnings growth rate

5.2%

EPS growth rate

Beverage earnings growth	6.9%
Revenue growth rate	3.5%
Future return on equity	30.1%
Analyst coverage	Good
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

Most Shareholders Will Probably Agree With Diageo plc's (LON:DGE) CEO Compensation

Sep 30

Is Diageo (LON:DGE) Using Too Much Debt?

Sep 02

Diageo's (LON:DGE) Upcoming Dividend Will Be Larger Than Last Year's

Aug 14

Here's Why We Think Diageo (LON:DGE) Is Well Worth Watching

Aug 12

Diageo (LON:DGE) Is Increasing Its Dividend To £0.4682

Jul 31

Earnings and Revenue Growth Forecasts

LSE:DGE - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	21,954	4,190	3,515	5,222	12
6/30/2026	21,007	3,911	3,027	5,152	15
6/30/2025	20,245	3,706	3,032	3,836	16
6/30/2024	20,269	3,870	2,595	4,105	N/A
3/31/2024	20,333	3,908	2,710	4,208	N/A
12/31/2023	21,640	4,257	2,955	4,526	N/A
9/30/2023	20,804	4,307	2,553	4,027	N/A
6/30/2023	20,555	4,445	2,219	3,636	N/A
3/31/2023	21,873	4,632	2,621	4,129	N/A
12/31/2022	20,151	4,256	2,492	3,867	N/A
9/30/2022	18,345	3,880	2,769	4,036	N/A
7/1/2022	20,516	4,280	3,756	5,213	N/A
3/31/2022	19,223	4,134	3,733	4,951	N/A
12/31/2021	18,684	4,118	3,847	4,872	N/A
9/30/2021	17,888	3,844	3,957	4,890	N/A
6/30/2021	17,613	3,679	4,189	5,054	N/A
3/31/2021	16,652	2,608	3,748	4,607	N/A
12/31/2020	15,625	1,537	3,296	4,144	N/A
9/30/2020	14,954	1,634	2,600	3,452	N/A
6/30/2020	14,562	1,746	2,007	2,875	N/A
3/31/2020	15,486	2,771	2,376	3,265	N/A
12/31/2019	17,432	4,039	2,917	3,884	N/A
9/30/2019	16,001	3,817	2,938	3,799	N/A
6/30/2019	16,340	4,013	3,273	4,125	N/A
3/31/2019	16,546	3,972	3,498	4,355	N/A
12/31/2018	15,987	3,748	3,563	4,385	N/A
9/30/2018	16,098	3,885	3,450	4,251	N/A
6/30/2018	16,053	3,989	3,300	4,070	N/A
3/31/2018	17,063	4,369	N/A	4,347	N/A
12/31/2017	16,415	4,328	N/A	4,203	N/A
9/30/2017	16,218	3,968	N/A	4,184	N/A
6/30/2017	15,696	3,539	N/A	4,080	N/A
3/31/2017	14,628	3,210	N/A	3,703	N/A
12/31/2016	13,925	2,966	N/A	3,423	N/A
9/30/2016	14,121	3,015	N/A	3,452	N/A
6/30/2016	13,939	2,983	N/A	3,387	N/A
3/31/2016	15,126	3,399	N/A	3,730	N/A
12/31/2015	15,512	3,651	N/A	3,880	N/A
9/30/2015	16,140	3,675	N/A	3,921	N/A
6/30/2015	17,004	3,744	N/A	4,012	N/A
3/31/2015	15,628	3,218	N/A	3,485	N/A
12/31/2014	15,937	3,041	N/A	3,337	N/A
9/30/2014	16,614	3,473	N/A	3,188	N/A
6/30/2014	17,546	3,987	N/A	3,062	N/A
3/31/2014	17,933	4,128	N/A	2,862	N/A
12/31/2013	18,653	4,344	N/A	2,723	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DGE's forecast earnings growth (3.9% per year) is above the savings rate (2.1%).

Earnings vs Market: DGE's earnings (3.9% per year) are forecast to grow slower than the UK market (14.6% per year).

High Growth Earnings: DGE's earnings are forecast to grow, but not significantly.

Revenue vs Market: DGE's revenue (3.5% per year) is forecast to grow slower than the UK market (3.6% per year).

High Growth Revenue: DGE's revenue (3.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: DGE's Return on Equity is forecast to be high in 3 years time (30.1%)

Diageo Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Diageo plc Provides Earnings Guidance for the Fiscal Year 2025

Diageo plc Reaffirms Earnings Guidance for the Fiscal Year 2023 to Fiscal Year 2025

Diageo plc Provides Earnings Guidance for the Fiscal 2023 to Fiscal 2025

Recent updates

Diageo plc to Report First Half, 2025 Results on Feb 04, 2025

Johnnie Walker Launches the Limited-Edition Johnnie Walker Blue Label Ice Chalet in Collaboration with Perfect Moment

The Orphan Barrel Whiskey Co. Releases a New Liquid from its Coveed Collection: Woven Honor Single Malt Scotch Whisky Aged 18 Years

Alan Stewart Steps Down from the Board of Diageo plc

Baileys Introduces the Limited-Edition Irish Cream Liqueur

Diageo plc, Annual General Meeting, Sep 26, 2024

Diageo plc Recommends Dividend Final Dividend to Be Paid on 17 October 2024

Montenegro S.r.l. agreed to acquire Industrias Pampero, C.A. from Diageo plc (LSE:DGE).

Diageo Plc's Brand Crown Royal and Jackie Aina, Partner to Release Limited-Edition Candle Inspired by Popular New Flavor Crown Royal Blackberry Flavored Whisky

Tolaram Corporation Pte Ltd agree to acquire 58.02% stake in Guinness Nigeria Plc from Diageo plc.

Lone River Serves Up New Look, Flavor and Spirit of Modern West Ahead of Country Music's Big Celebration in Texas

Diageo plc Announces Board and Executive Committee Changes

Diageo plc to Report Fiscal Year 2024 Results on Jul 30, 2024

Diageo plc Announces Board Changes

Diageo Announces Highly Anticipated 2024 US Release of Mortlach 30 Year Old: Midnight Mal

Diageo plc Announces Board Changes

Diageo Announces the Launch of the Astral Margarita

Diageo plc Provides Earnings Guidance for the Fiscal Year 2025

Diageo Reportedly Looks to Sell Part of Beer Portfolio

Diageo Brand Crown Royal Introduces Whisky Masterpiece Aged 30 Years: Extra Rare Blend with Unparalleled Complexity

Diageo plc to Report First Half, 2024 Results on Jan 30, 2024

Diageo plc Reaffirms Earnings Guidance for the Fiscal Year 2023 to Fiscal Year 2025

Diageo plc Brand Johnnie Walker Launches Blue Label Elusive Umami

Owned by Diageo Plc, BAILEYS Announces Launch of Baileys Chocolate Liqueur

Diageo Announces Demise of Sir Ivan Menezes, Chief Executive Officer

Diageo plc Announces CEO Changes

Diageo plc, Annual General Meeting, Sep 28, 2023

Diageo Confirms Delisting from Euronext Dublin

Here's What To Make Of Diageo's (LON:DGE) Decelerating Rates Of Return

These 4 Measures Indicate That Diageo (LON:DGE) Is Using Debt Reasonably Well

Here's Why We Think Diageo (LON:DGE) Might Deserve Your Attention Today

Upcoming dividend of UK£0.31 per share at 2.2% yield

Diageo (LON:DGE) Is Increasing Its Dividend To £0.3083

Diageo (LON:DGE) Hasn't Managed To Accelerate Its Returns

Baileys Introduces its First-Ever Minty Green Offering - Vanilla Mint Shake - to Help Celebrate the Irish Way

Diageo's (LON:DGE) Upcoming Dividend Will Be Larger Than Last Year's

Diageo plc Announces Interim Dividend, Payable on 13 April 2023 and 18 April 2023 Respectively

First half 2023 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued after recent price drop

Estimating The Fair Value Of Diageo plc (LON:DGE)

Diageo plc (LSE:DGE) agreed to acquire Don Papa Rum.

Diageo plc (LSE:DGE) agreed to acquire Don Papa Rum.

Here's Why We Think Diageo (LON:DGE) Might Deserve Your Attention Today

Is Diageo (LON:DGE) A Risky Investment?

Diageo plc to Report First Half, 2023 Results on Jan 26, 2023

High number of new directors

A Look At The Fair Value Of Diageo plc (LON:DGE)

Diageo's (LON:DGE) Returns Have Hit A Wall

Diageo plc Provides Earnings Guidance for the Fiscal 2023 to Fiscal 2025

Most Shareholders Will Probably Agree With Diageo plc's (LON:DGE) CEO Compensation

Diageo plc (LSE:DGE) acquired Mr Black Spirits Pty Ltd.

Now 21% undervalued

Johnnie Walker Announces Fifth Release in Johnnie Walker Blue Label Ghost and Rare Series with Exclusive NFT Drop

Is Diageo (LON:DGE) Using Too Much Debt?

Now 20% undervalued

Upcoming dividend of UK£0.47 per share

Diageo's (LON:DGE) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why We Think Diageo (LON:DGE) Is Well Worth Watching

Diageo (LON:DGE) Is Increasing Its Dividend To £0.4682

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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