Diageo Future Growth

Future criteria checks 2/6

Diageo is forecast to grow earnings and revenue by 4.7% and 3.5% per annum respectively. EPS is expected to grow by 5.7% per annum. Return on equity is forecast to be 39.3% in 3 years.

Key information

4.7%

Earnings growth rate

5.7%

EPS growth rate

Beverage earnings growth8.7%
Revenue growth rate3.5%
Future return on equity39.3%
Analyst coverage

Good

Last updated19 May 2024

Recent future growth updates

Recent updates

Diageo: AI Won't Change How We Drink

May 15

Diageo: A Dividend Gem Amid 2024 Challenges

May 08

Diageo: The Business Is Too Resilient To Justify The Sell-Off

Mar 28

Diageo: Not As Bad As It's Made Out To Be

Mar 16

Diageo: Investors Shouldn't Choose Stability Over Upside

Feb 22

Diageo: A Stalwart, Finally "On Sale"

Jan 27

Diageo: Cyclical Headwinds Provide A Nice Entry Point

Jan 18

Diageo: Why I Expect A Rebound For This SWAN Stock

Jan 08

Diageo: LatAm Recovery And Destocking Activities Make This A Strong Buy

Dec 15

Diageo: Getting Cheap But Not Yet Cheap Enough

Dec 05

Diageo Stock: Finally A Buy Now After The Sharp Drop

Nov 14

Diageo Targets Robust Market Share And Market Growth In Spirits

Nov 05

Diageo's Valuation Has Improved, But Spirits Volumes And Market Share Are Shakier Now

Oct 24

Diageo: Taking Advantage Of The Short-Term Narratives

Sep 13

Diageo: Celebrities Are Changing The Industry (Post-Earnings Rating Downgrade)

Aug 11

Diageo Stock: Good Business But Outside The Buy Zone

Jul 25

Diageo: Liquid Product, Solid Margins

Jul 12

Diageo: Fairly Valued

Jun 24

Diageo: A Leader In The Premium Alcoholic Beverage Market

Feb 10

Diageo GAAP EPS of £1.00, revenue of £9.4B

Jan 26

Diageo to buy Don Papa rum brand for €260M initial payment

Jan 17

Diageo: It's Time To Buy High-Quality

Oct 17

Diageo Should Suspend Its Buy-Back Plan

Oct 10

Diageo goes ex-dividend tomorrow

Aug 24

Diageo: Good Things Come To Those Who Wait

Aug 07

Diageo Non-GAAP EPS of 151.90p, revenue of £15.45B

Jul 28

Diageo: Long-Term Compounder Down 23% From Peak

Jun 21

Diageo: A Safe Play In This Environment

May 23

Diageo plc: Waiting For A Real Correction In A Serious Stock

Mar 10

Diageo - Exceptional Quality Has Its Price

Feb 04

Diageo Preferred Over Brown-Forman Based On Valuation

Nov 23

Earnings and Revenue Growth Forecasts

NYSE:DEO - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/202622,1974,5753,5985,54315
6/30/202521,1084,2613,5885,15717
6/30/202420,3374,0303,1364,82116
12/31/202321,6404,2572,9554,526N/A
9/30/202320,8044,3072,5534,027N/A
6/30/202321,7334,7422,3423,840N/A
3/31/202320,9904,5112,4243,861N/A
12/31/202220,1514,2562,4923,867N/A
9/30/202218,3453,8802,7694,036N/A
6/30/202218,8093,9553,4554,790N/A
3/31/202219,2234,1343,7334,951N/A
12/31/202118,6844,1183,8474,872N/A
9/30/202117,8883,8443,9574,890N/A
6/30/202117,6133,6794,1895,054N/A
3/31/202116,6522,6083,7484,607N/A
12/31/202015,6251,5373,2964,144N/A
9/30/202014,9541,6342,6003,452N/A
6/30/202014,5621,7462,0072,875N/A
3/31/202015,4862,7712,3763,265N/A
12/31/201917,4324,0392,9173,884N/A
9/30/201916,0013,8172,9383,799N/A
6/30/201916,3404,0133,2734,125N/A
3/31/201916,5463,9723,4984,355N/A
12/31/201815,9873,7483,5634,385N/A
9/30/201816,0983,8853,4504,251N/A
6/30/201816,0533,9893,3004,070N/A
3/31/201817,0634,3693,5654,347N/A
12/31/201716,4154,3283,4864,203N/A
9/30/201716,2183,968N/A4,184N/A
6/30/201715,6963,539N/A4,080N/A
3/31/201714,6283,210N/A3,703N/A
12/31/201613,9252,966N/A3,423N/A
9/30/201614,1213,015N/A3,452N/A
6/30/201613,9392,983N/A3,387N/A
3/31/201615,1263,399N/A3,730N/A
12/31/201515,5123,651N/A3,880N/A
9/30/201516,1403,675N/A3,921N/A
6/30/201517,0043,744N/A4,012N/A
3/31/201515,6283,218N/A3,485N/A
12/31/201415,9373,041N/A3,337N/A
9/30/201416,6143,473N/A3,188N/A
6/30/201417,5463,987N/A3,062N/A
3/31/201417,9334,128N/A2,862N/A
12/31/201318,6534,344N/A2,723N/A
9/30/201318,2654,108N/A2,977N/A
6/30/201317,1793,727N/A3,090N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DEO's forecast earnings growth (4.7% per year) is above the savings rate (2.4%).

Earnings vs Market: DEO's earnings (4.7% per year) are forecast to grow slower than the US market (14.7% per year).

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

Revenue vs Market: DEO's revenue (3.5% per year) is forecast to grow slower than the US market (8.4% per year).

High Growth Revenue: DEO'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: DEO's Return on Equity is forecast to be high in 3 years time (39.3%)


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