SBUX · Starbucks Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $37.18B | $36.18B | $35.98B | $32.25B | $29.06B | $23.52B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $2.62B | $2.52B | $2.44B | $2.03B | $1.93B | $1.68B |
| Total Operating Expenses | $34.50B | $31.07B | $30.49B | $27.87B | $24.57B | $22.28B |
| D&A | $1.77B | $1.59B | $1.45B | $1.53B | $1.52B | $1.50B |
| Operating Income | $2.94B | $5.41B | $5.87B | $4.62B | $4.87B | $1.56B |
| Interest Expense | $542.60M | $562.00M | $550.10M | $482.90M | $469.80M | $437.00M |
| Income Tax | $650.60M | $1.21B | $1.28B | $948.50M | $1.16B | $239.70M |
| Net Income | $1.86B | $3.76B | $4.12B | $3.28B | $4.20B | $928.30M |
| EPS - Basic | $1.63 | $3.32 | $3.60 | $2.85 | $3.57 | $0.79 |
| EPS - Diluted | $1.63 | $3.31 | $3.58 | $2.83 | $3.54 | $0.79 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.22B | $3.29B | $3.55B | $2.69B | $6.46B | $4.35B |
| Accounts Receivable | $1.28B | $1.21B | $1.18B | $1.18B | $940.00M | $883.40M |
| Inventory | $2.19B | $1.78B | $1.81B | $2.18B | $1.60B | $1.55B |
| Accounts Payable | $1.85B | $1.60B | $1.54B | $1.44B | $1.21B | $997.90M |
| Current Assets | $7.38B | $6.85B | $7.30B | $7.02B | $9.76B | $7.81B |
| Total Assets | $32.02B | $31.34B | $29.45B | $27.98B | $31.39B | $29.37B |
| Current Liabilities | $10.21B | $9.07B | $9.35B | $9.15B | $8.15B | $7.35B |
| Long-term Debt | $14.58B | $14.32B | $13.55B | $13.12B | $13.62B | $14.66B |
| Total Liabilities | $40.11B | $38.78B | $37.43B | $36.68B | $36.71B | $37.17B |
| Stockholders' Equity | ($8.10B) | ($7.45B) | ($7.99B) | ($8.71B) | ($5.32B) | ($7.81B) |
| Retained Earnings | ($8.27B) | ($7.34B) | ($7.26B) | ($8.45B) | ($6.32B) | ($7.82B) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.75B | $6.10B | $6.01B | $4.40B | $5.99B | $1.60B |
| Investing Cash Flow | ($2.49B) | ($2.70B) | ($2.27B) | ($2.15B) | ($319.50M) | ($1.71B) |
| Financing Cash Flow | ($2.30B) | ($3.72B) | ($2.99B) | ($5.64B) | ($3.65B) | $1.71B |
| CapEx | $2.31B | $2.78B | $2.33B | $1.84B | $1.47B | $1.48B |
| Free Cash Flow | $2.44B | $3.32B | $3.68B | $2.56B | $4.52B | $114.20M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 7.9% | 15.0% | 16.3% | 14.3% | 16.8% | 6.6% |
| EBITDA margin | 12.7% | 19.4% | 20.4% | 19.1% | 22.0% | 13.0% |
| Net margin | 5.0% | 10.4% | 11.5% | 10.2% | 14.5% | 3.9% |
| Free cash flow margin | 6.6% | 9.2% | 10.2% | 7.9% | 15.6% | 0.5% |
| FCF / Net income | 1.32 | 0.88 | 0.89 | 0.78 | 1.08 | 0.12 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 7.0% | 7.0% | 6.8% | 6.3% | 6.7% | 7.1% |
| Effective tax rate | 26.0% | 24.3% | 23.6% | 22.4% | 21.6% | 20.5% |
| Return on assets | 5.8% | 12.0% | 14.0% | 11.7% | 13.4% | 3.2% |
| Return on equity | -22.9% | -50.5% | -51.6% | -37.7% | -78.9% | -11.9% |
| Return on invested capital | 33.6% | 59.6% | 80.7% | 81.2% | 46.0% | 18.1% |
| Liquidity | ||||||
| Current ratio | 0.72 | 0.75 | 0.78 | 0.77 | 1.20 | 1.06 |
| Quick ratio | 0.51 | 0.56 | 0.59 | 0.53 | 1.00 | 0.85 |
| Cash ratio | 0.32 | 0.36 | 0.38 | 0.29 | 0.79 | 0.59 |
| Leverage | ||||||
| Debt / Equity | -1.80 | -1.92 | -1.69 | -1.51 | -2.56 | -1.88 |
| Debt / Assets | 0.46 | 0.46 | 0.46 | 0.47 | 0.43 | 0.50 |
| Debt / EBITDA | 3.10 | 2.05 | 1.85 | 2.13 | 2.13 | 4.78 |
| Interest coverage | 5.4x | 9.6x | 10.7x | 9.6x | 10.4x | 3.6x |
| Equity multiplier | -3.95 | -4.21 | -3.68 | -3.21 | -5.90 | -3.76 |
| Liabilities / Assets | 1.25 | 1.24 | 1.27 | 1.31 | 1.17 | 1.27 |
| Efficiency | ||||||
| Asset turnover | 1.16 | 1.15 | 1.22 | 1.15 | 0.93 | 0.80 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 13d | 12d | 12d | 13d | 12d | 14d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 51.9x | 29.5x | 25.5x | 29.8x | 31.9x | 106.7x |
| P / B | - | - | - | - | - | - |
| P / S | 2.6x | 3.1x | 2.9x | 3.0x | 4.6x | 4.2x |
| EV / EBITDA | 22.9x | 17.4x | 15.7x | 17.6x | 22.0x | 35.9x |
| Growth | ||||||
| Revenue growth (YoY) | 2.8% | 0.6% | 11.6% | 11.0% | 23.6% | -11.3% |
| Revenue CAGR (3y) | 4.9% | 7.6% | 15.2% | 6.8% | 10.9% | 1.7% |
| Revenue CAGR (5y) | 9.6% | 6.4% | 11.0% | 7.6% | 6.4% | 4.2% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -45.7% | -7.9% | 27.1% | -5.2% | 212.0% | -61.7% |
| Net income growth (YoY) | -50.6% | -8.8% | 25.7% | -21.9% | 352.4% | -74.2% |
| EPS growth (YoY) | -50.8% | -7.5% | 26.5% | -20.1% | 348.1% | -72.9% |
| EPS CAGR (3y) | -16.8% | -2.2% | 65.5% | -1.0% | 3.0% | -26.3% |
| EPS CAGR (5y) | 15.6% | 2.5% | 2.0% | 7.5% | 13.3% | -15.4% |
| FCF growth (YoY) | -26.4% | -9.7% | 43.8% | -43.4% | 3857.2% | -96.5% |
| FCF CAGR (5y) | 84.5% | 0.5% | -18.1% | -0.8% | 7.6% | -45.8% |
| Book value growth (YoY) | -8.7% | 6.8% | 8.2% | -63.6% | 31.8% | -25.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-28.
Business segments
$37.18B totalNorth America Segment$27.37B · 73.6%
International Segment$7.82B · 21.0%
Channel Development$1.87B · 5.0%
Corporate And Other$119.70M · 0.3%
Product / service
$74.37B totalCompany Operated Stores$30.74B · 41.3%
Beverage$22.54B · 30.3%
Other Products$7.59B · 10.2%
Food$7.05B · 9.5%
Licensed Stores$4.35B · 5.8%
Product And Service Other$2.09B · 2.8%
Geographic
$37.18B totalUS$27.12B · 72.9%
Non Us$6.90B · 18.6%
CN$3.16B · 8.5%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.08
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Retail-Eating & Drinking Places
Comparing STARBUCKS CORP against the 5 most active filers in the same SIC group.
Dividends
$2.47/share trailing 12 months · +2.9% YoY
| Ex-date | Per share |
|---|---|
| May 15, 2026 | $0.6200 |
| Feb 13, 2026 | $0.6200 |
| Nov 14, 2025 | $0.6200 |
| Aug 15, 2025 | $0.6100 |
| May 16, 2025 | $0.6100 |
| Feb 14, 2025 | $0.6100 |
| Nov 15, 2024 | $0.6100 |
| Aug 16, 2024 | $0.5700 |
| May 16, 2024 | $0.5700 |
| Feb 8, 2024 | $0.5700 |
| Nov 9, 2023 | $0.5700 |
| Aug 10, 2023 | $0.5300 |
| May 11, 2023 | $0.5300 |
| Feb 9, 2023 | $0.5300 |
| Nov 9, 2022 | $0.5300 |
| Aug 11, 2022 | $0.4900 |
| May 12, 2022 | $0.4900 |
| Feb 10, 2022 | $0.4900 |
| Nov 10, 2021 | $0.4900 |
| Aug 11, 2021 | $0.4500 |
| May 12, 2021 | $0.4500 |
| Feb 17, 2021 | $0.4500 |
| Nov 10, 2020 | $0.4500 |
| Aug 6, 2020 | $0.4100 |