Starbucks Corp (SBUX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SBUX SEC filings page.
Starbucks Corp (SBUX) reported $38.3B in revenue over the twelve months to Jun 28, 2026, up 4.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Starbucks’ 2025 results show a margin shock: modest sales expansion no longer translated into proportional cash generation.
Revenue reached$37.2B from$36.2B in FY2024, while operating margin nearly halved, showing that modest top-line expansion was overwhelmed by weaker operating economics. Net income also fell to$1.9B from$3.8B , so the margin compression flowed through to owners rather than being confined to an operating line.
Operating cash flow fell to
Liabilities exceeded assets in FY2025, leaving equity at
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Starbucks Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Starbucks Corp has an operating margin of 7.9%, meaning the company retains $8 of operating profit per $100 of revenue. This strong profitability earns a score of 71/100, reflecting efficient cost management and pricing power. This is down from 14.9% the prior year.
Starbucks Corp's revenue grew a modest 2.8% year-over-year to $37.2B. This slow but positive growth earns a score of 36/100.
Starbucks Corp's current ratio of 0.72 is below the typical benchmark, resulting in a score of 8/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Starbucks Corp has a free cash flow margin of 6.6%, earning a moderate score of 59/100. The company generates positive cash flow after capital investments, but with room for improvement.
Starbucks Corp scores 2.69, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($113.1B) relative to total liabilities ($40.1B). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Starbucks Corp passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Starbucks Corp generates $2.56 in operating cash flow ($4.7B OCF vs $1.9B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Starbucks Corp earns $5.41 in operating income for every $1 of interest expense ($2.9B vs $542.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Starbucks Corp generated $9.3B in revenue in Q3 2026. This represents a decrease of 1.4% from the same quarter a year earlier. Against the prior quarter it is down 2.2%.
Starbucks Corp's EBITDA was $1.3B in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1.3% from the same quarter a year earlier. Against the prior quarter it is up 12.8%.
Starbucks Corp reported $1.0B in net income in Q3 2026. This represents an increase of 87.2% from the same quarter a year earlier. Against the prior quarter it is up 104.6%.
Starbucks Corp earned $0.91 per diluted share (EPS) in Q3 2026. This represents an increase of 85.7% from the same quarter a year earlier. Against the prior quarter it is up 102.2%.
Cash & Balance Sheet
Starbucks Corp generated $1.4B in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 211.0% from the same quarter a year earlier. Against the prior quarter it is up 1371.1%.
Starbucks Corp held $3.4B in cash against $11.8B in long-term debt as of Q3 2026.
Starbucks Corp paid $0.62 per share in dividends in Q3 2026. This represents an increase of 1.6% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Starbucks Corp's operating margin was 10.5% in Q3 2026, reflecting core business profitability. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.
Starbucks Corp's net profit margin was 11.2% in Q3 2026, showing the share of revenue converted to profit. This is up 5.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.9 percentage points.
Not reported for Q3 2026.
Not reported for Q3 2026.
Capital Allocation
Starbucks Corp invested $291.4M in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 48.6% from the same quarter a year earlier. Against the prior quarter it is up 6.9%.
Not reported for Q3 2026.
Not reported for Q3 2026.
SBUX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.3B-1.4% | $9.5B+8.8% | $9.9B+5.5% | $9.6B+5.5% | $9.5B+3.8% | $8.8B+2.3% | $9.4B-0.3% | $9.1B-1.0% |
| SG&A Expenses | $598.8M-11.6% | $618.1M-2.2% | $638.8M-4.1% | $641.9M-0.4% | $677.2M+17.6% | $632.3M-3.4% | $665.8M+2.7% | $644.7M+6.7% |
| Operating Income | $980.4M+4.8% | $828.1M+37.8% | $890.8M-20.6% | $278.3M-78.7% | $935.6M-38.3% | $601.0M-45.3% | $1.1B-24.5% | $1.3B-17.5% |
| EBITDA | $1.3B-1.3% | $1.2B+16.9% | $1.3B-14.9% | $771.1M-56.3% | $1.4B-28.2% | $1.0B-30.7% | $1.6B-16.9% | $1.8B-8.5% |
| Interest Expense | $134.6M-5.4% | $137.0M+7.6% | $139.0M+9.3% | $145.8M+4.1% | $142.3M+0.7% | $127.3M-9.5% | $127.2M-9.2% | $140.0M-0.6% |
| Income Tax | $374.4M+43.8% | $217.3M+84.2% | $471.6M+95.4% | $30.8M-89.2% | $260.4M-25.3% | $118.0M-46.3% | $241.4M-31.9% | $284.1M-11.9% |
| Net Income | $1.0B+87.2% | $510.9M+33.0% | $293.3M-62.4% | $133.1M-85.4% | $558.3M-47.1% | $384.2M-50.3% | $780.8M-23.8% | $909.3M-20.4% |
| EPS (Basic) | $0.92+87.8% | $0.45+32.4% | $0.26-62.3% | $0.11-86.4% | $0.49-47.3% | $0.34-50.0% | $0.69-23.3% | $0.81-19.0% |
| EPS (Diluted) | $0.91+85.7% | $0.45+32.4% | $0.26-62.3% | $0.12-85.0% | $0.49-47.3% | $0.34-50.0% | $0.69-23.3% | $0.80-19.2% |
| Diluted Shares (Avg) | 1.14B+0.4% | 1.14B+0.3% | 1.14B+0.3% | N/A | 1.14B+0.4% | 1.14B+0.4% | 1.14B-0.2% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
SBUX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $28.3B-15.9% | $30.6B-3.4% | $32.2B+1.1% | $32.0B+2.2% | $33.6B+11.7% | $31.6B+7.7% | $31.9B+9.3% | $31.3B+9.1% |
| Current Assets | $7.5B-10.5% | $10.6B+57.3% | $12.0B+65.0% | $7.4B+7.8% | $8.4B+23.7% | $6.7B+3.8% | $7.3B+10.9% | $6.8B-4.5% |
| Cash & Equivalents | $3.4B-17.3% | $1.5B-42.7% | $3.4B-7.0% | $3.2B-2.0% | $4.2B+31.3% | $2.7B-3.4% | $3.7B+22.4% | $3.3B-2.1% |
| Short-Term Investments | $160.5M-51.8% | $168.3M-50.5% | $184.9M-35.3% | $247.2M-3.8% | $333.3M+57.0% | $340.2M-6.2% | $285.8M-25.4% | $257.0M-2.3% |
| Inventory | $2.2B-2.2% | $2.2B+5.4% | $2.1B+22.1% | $2.2B+23.0% | $2.3B+21.8% | $2.0B+17.4% | $1.7B+5.2% | $1.8B-10.6% |
| Accounts Receivable | $1.3B+5.0% | $1.3B+11.6% | $1.2B-1.8% | $1.3B+5.2% | $1.2B+8.4% | $1.2B+4.0% | $1.2B+6.6% | $1.2B+6.5% |
| Long-Term Investments | $313.2M+35.0% | $306.3M+37.9% | $288.3M+26.8% | $246.9M-10.5% | $232.0M-15.6% | $222.1M-20.8% | $227.3M-5.2% | $276.0M+15.7% |
| Goodwill | $1.2B-63.4% | $1.3B-61.0% | $1.3B-60.1% | $3.4B+1.6% | $3.4B+6.3% | $3.3B+3.0% | $3.3B-0.5% | $3.3B+2.0% |
| Total Liabilities | $36.0B-13.0% | $39.0B-0.6% | $40.6B+3.2% | $40.1B+3.4% | $41.3B+8.6% | $39.2B+3.8% | $39.4B+4.2% | $38.8B+4.6% |
| Current Liabilities | $9.9B-11.0% | $11.4B+9.8% | $11.5B+18.1% | $10.2B+12.6% | $11.1B+45.7% | $10.4B+38.5% | $9.7B+3.5% | $9.1B-1.6% |
| Non-Current Liabilities | $26.0B-13.7% | $27.6B-4.3% | $29.1B-1.7% | $29.9B+0.6% | $30.2B-0.7% | $28.8B-4.8% | $29.6B+4.4% | $29.7B+6.6% |
| Long-Term Debt | $11.8B-19.2% | $13.1B-1.8% | $14.6B+1.9% | $14.6B+1.8% | $14.6B-6.3% | $13.3B-14.3% | $14.3B+5.5% | $14.3B+5.7% |
| Total Equity | -$7.7B+0.2% | -$8.5B-11.1% | -$8.4B-12.3% | -$8.1B-8.7% | -$7.7B+3.3% | -$7.6B+9.8% | -$7.5B+13.3% | -$7.4B+10.8% |
| Retained Earnings | -$8.5B-10.9% | -$8.9B-17.4% | -$8.7B-19.7% | -$8.3B-12.6% | -$7.7B-1.8% | -$7.6B+5.1% | -$7.3B+10.4% | -$7.3B+3.5% |
SBUX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.6B+63.9% | $364.5M+24.8% | $1.6B-22.9% | $1.4B-10.0% | $1.0B-40.0% | $292.0M-42.3% | $2.1B-13.1% | $1.5B-76.1% |
| Depreciation & Amortization | $364.5M-14.8% | $364.6M-13.0% | $431.9M-0.1% | $456.0M+13.6% | $427.6M+12.4% | $418.9M+12.6% | $432.2M+12.4% | $401.4M+17.3% |
| Stock-Based Compensation | $71.1M+7.7% | $93.2M+19.8% | $126.1M+25.3% | N/A | $66.0M+3.9% | $77.8M-0.5% | $100.6M+6.1% | N/A |
| Capital Expenditures | $291.4M-48.6% | $272.7M-53.7% | $323.7M-53.3% | $456.0M-42.9% | $567.4M-21.7% | $589.2M-10.6% | $692.9M+16.3% | $798.2M+26.3% |
| Free Cash Flow | $1.4B+211.0% | $91.8M+130.9% | $1.3B-7.6% | $925.8M+25.5% | $434.3M-54.1% | -$297.2M-94.1% | $1.4B-22.9% | $737.4M-87.3% |
| Investing Cash Flow | $2.2B+473.3% | -$330.4M+48.7% | -$322.9M+62.2% | -$390.5M+54.0% | -$595.7M-1.7% | -$644.0M+7.4% | -$855.2M-50.4% | -$849.7M-70.2% |
| Financing Cash Flow | -$2.5B-337.8% | -$1.7B-153.5% | -$743.0M+1.6% | -$1.9B-199.9% | $1.1B+262.5% | -$666.5M-4560.8% | -$754.8M+68.7% | -$644.5M+22.3% |
| Dividends Paid | $706.6M+1.9% | $706.3M+1.9% | $705.1M+1.9% | $693.3M+7.3% | $693.2M+7.4% | $693.0M+7.4% | $691.9M+6.8% | $646.0M+6.4% |
| Share Buybacks | N/A | N/A | N/A | $0 | $0 | $0 | $0-100.0% | $0-100.0% |
SBUX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 10.5%+0.6pp | 8.7%+1.8pp | 9.0%-3.0pp | 2.9%-11.5pp | 9.9%-6.8pp | 6.9%-6.0pp | 11.9%-3.8pp | 14.4%-2.9pp |
| Net Margin | 11.2%+5.3pp | 5.4%+1.0pp | 3.0%-5.3pp | 1.4%-8.6pp | 5.9%-5.7pp | 4.4%-4.6pp | 8.3%-2.6pp | 10.0%-2.4pp |
| Return on Assets | 3.7%+2.0pp | 1.7%+0.5pp | 0.9%-1.5pp | 0.4%-2.5pp | 1.7%-1.8pp | 1.2%-1.4pp | 2.5%-1.1pp | 2.9%-1.1pp |
| Current Ratio | 0.760.0x | 0.92+0.3x | 1.05+0.3x | 0.720.0x | 0.76-0.1x | 0.64-0.2x | 0.750.0x | 0.760.0x |
| Asset Turnover | 0.330.0x | 0.310.0x | 0.310.0x | 0.300.0x | 0.280.0x | 0.280.0x | 0.290.0x | 0.290.0x |
| FCF Margin | 14.5%+9.9pp | 1.0%+4.3pp | 12.8%-1.8pp | 9.7%+1.5pp | 4.6%-5.8pp | -3.4%-1.6pp | 14.7%-4.3pp | 8.1%-55.0pp |
Not reported in any period shown, so not listed: Gross Margin, Return on Equity, Debt-to-Equity.
Note: Shareholder equity is negative (-$8.1B), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.72), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Starbucks Corp SBUX | FY2025 | $37.2B | $1.9B | 5.0% | $113.1B | 48/100 |
| Chipotle Mexican Grill Inc CMG | FY2025 | $11.9B | $1.5B | 12.9% | $45.6B | 72/100 |
| Yum Brands YUM | FY2025 | $8.2B | $1.6B | 19.0% | $39.6B | 65/100 |
| Restaurant Brand QSR | FY2025 | $9.4B | $1.1B | 11.4% | $26.9B | 59/100 |
| Darden Restaurants Inc DRI | FY2026 | $13.2B | $1.2B | 9.1% | $23.8B | 57/100 |
| Yum China YUMC | FY2025 | $11.8B | $929.0M | 7.9% | $14.5B | 53/100 |
Where Starbucks Corp Ranks
Frequently Asked Questions
What is Starbucks Corp's annual revenue?
Starbucks Corp (SBUX) reported $37.2B in total revenue for fiscal year 2025. This represents a 2.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Starbucks Corp's revenue growing?
Starbucks Corp (SBUX) revenue grew by 2.8% year-over-year, from $36.2B to $37.2B in fiscal year 2025.
Is Starbucks Corp profitable?
Yes, Starbucks Corp (SBUX) reported a net income of $1.9B in fiscal year 2025, with a net profit margin of 5.0%.
What is Starbucks Corp's EBITDA?
Starbucks Corp (SBUX) had EBITDA of $4.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Starbucks Corp have?
As of fiscal year 2025, Starbucks Corp (SBUX) had $3.2B in cash and equivalents against $14.6B in long-term debt.
What is Starbucks Corp's operating margin?
Starbucks Corp (SBUX) had an operating margin of 7.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Starbucks Corp's net profit margin?
Starbucks Corp (SBUX) had a net profit margin of 5.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Starbucks Corp pay dividends?
Yes, Starbucks Corp (SBUX) paid $2.45 per share in dividends during fiscal year 2025.
What is Starbucks Corp's free cash flow?
Starbucks Corp (SBUX) generated $2.4B in free cash flow during fiscal year 2025. This represents a -26.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Starbucks Corp's operating cash flow?
Starbucks Corp (SBUX) generated $4.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Starbucks Corp's total assets?
Starbucks Corp (SBUX) had $32.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Starbucks Corp's capital expenditures?
Starbucks Corp (SBUX) invested $2.3B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Starbucks Corp's current ratio?
Starbucks Corp (SBUX) had a current ratio of 0.72 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Starbucks Corp's return on assets (ROA)?
Starbucks Corp (SBUX) had a return on assets of 5.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Starbucks Corp's P/E ratio?
Starbucks Corp (SBUX) trades at 57.1x earnings, its market capitalization divided by net income of $2.0B net income, trailing 12 months to June 28, 2026. The market capitalization is $113.1B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Starbucks Corp's price-to-sales ratio?
Starbucks Corp (SBUX) trades at 3.0x sales, its market capitalization divided by revenue of $38.3B revenue, trailing 12 months to June 28, 2026. The market capitalization is $113.1B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is Starbucks Corp's debt-to-equity ratio negative or not reported?
Starbucks Corp (SBUX) has negative shareholder equity of -$8.1B as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Starbucks Corp's Altman Z-Score?
Starbucks Corp (SBUX) has an Altman Z-Score of 2.69, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Starbucks Corp's Piotroski F-Score?
Starbucks Corp (SBUX) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Starbucks Corp's earnings high quality?
Starbucks Corp (SBUX) has an earnings quality ratio of 2.56x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Starbucks Corp cover its interest payments?
Starbucks Corp (SBUX) has an interest coverage ratio of 5.41x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Starbucks Corp?
Starbucks Corp (SBUX) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.