Diageo

London-based spirits maker

Overview

Diageo reported revenue of US$19.8bn in the Forbes 2026 data, making it the largest spirits company outside China in this list.[1] Its brands include Johnnie Walker, Smirnoff, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.[1] The company says it has more than 200 brands sold in nearly 180 countries and was formed in 1997.[6]

Diageo strengths and limitations

Strengths

  • High profit margin
  • Portfolio of international spirits brands

Limitations

  • Concentrated in spirits
  • Smaller sales than the brewers

Appears in

Diageo peers and competitors

Companies ranked in the same lists as Diageo.

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