Skip to content
Loading your account…

SBUX STARBUCKS CORP

NasdaqConsumer discretionaryRetail-Eating & Drinking PlacesSeattle, WAFY ends September 28

New 8-K: Filed an 8-K current report in the last 7 days.Profitable 5/5: Fiscal years with net income above zero, out of the last five reported.FY2025 10-K filed Nov 14, 2025

FY2025 at a glance

Fundamentals from SEC filings, not quotes
Revenue
$37.2BYoYup 2.79%ended Sep 28, 2025
Net income
$1.86B5.0% margin
Diluted EPS
$1.63YoYdown 50.76%
Free cash flow
$2.44B6.6% margin
Cash
$3.22BNet debt $12.9B
Total debt
$16.1B
About STARBUCKS CORP

Overview

STARBUCKS CORP (SBUX) is listed on Nasdaq; the SEC classifies it under "Retail-Eating & Drinking Places".

For fiscal 2025 (ended Sep 28, 2025) it reported revenue of $37.18B, up 2.8% from fiscal 2024.

Net income was $1.86B, a net margin of 5.0%.

At fiscal year end it had total assets of $32.02B and stockholders' equity of -$8.1B (-25.3% of assets).

Fiscal years shown
FY2016–FY2025 (10 years)
Latest 10-K
Nov 14, 2025
Latest filing
8-KOct 29, 2026
FY2016–FY2025 · annual 10-K

Charts

Revenue and net income

Revenue and net income, fiscal years FY2016 to FY2025.
PeriodRevenueNet incomeNet margin
FY2016$21.3B$2.82B13.2%
FY2017$22.4B$2.88B12.9%
FY2018$24.7B$4.52B18.3%
FY2019$26.5B$3.6B13.6%
FY2020$23.5B$928M3.9%
FY2021$29.1B$4.2B14.5%
FY2022$32.3B$3.28B10.2%
FY2023$36B$4.12B11.5%
FY2024$36.2B$3.76B10.4%
FY2025$37.2B$1.86B5.0%

Gross, operating and net margin

Gross, operating and net margin, fiscal years FY2016 to FY2025.
PeriodGross marginOperating marginNet margin
FY201660.1%19.6%13.2%
FY201759.6%18.5%12.9%
FY201858.8%15.7%18.3%
FY201967.8%15.4%13.6%
FY2020—6.6%3.9%
FY2021—16.8%14.5%
FY2022—14.3%10.2%
FY2023—16.3%11.5%
FY2024—15.0%10.4%
FY2025—7.9%5.0%

Diluted EPS

Diluted EPS, fiscal years FY2016 to FY2025.
PeriodEPS (diluted)
FY2016$1.90
FY2017$1.97
FY2018$3.24
FY2019$2.92
FY2020$0.79
FY2021$3.54
FY2022$2.83
FY2023$3.58
FY2024$3.31
FY2025$1.63

Free cash flow vs net income

Free cash flow vs net income, fiscal years FY2016 to FY2025.
PeriodFree cash flowNet income
FY2016$3.13B$2.82B
FY2017$2.65B$2.88B
FY2018$9.96B$4.52B
FY2019$3.24B$3.6B
FY2020$114M$928M
FY2021$4.52B$4.2B
FY2022$2.56B$3.28B
FY2023$3.68B$4.12B
FY2024$3.32B$3.76B
FY2025$2.44B$1.86B

Diluted shares

Diluted shares, fiscal years FY2016 to FY2025.
PeriodDiluted shares (weighted)
FY20161.49B
FY20171.46B
FY20181.39B
FY20191.23B
FY20201.18B
FY20211.19B
FY20221.16B
FY20231.15B
FY20241.14B
FY20251.14B

Cash vs total debt

Cash vs total debt, fiscal years FY2016 to FY2025.
PeriodCash & equivalentsTotal debt
FY2016$2.13B$3.6B
FY2017$2.46B$3.93B
FY2018$8.76B$9.44B
FY2019$2.69B$11.2B
FY2020$4.35B$16.3B
FY2021$6.46B$14.6B
FY2022$2.82B$15B
FY2023$3.55B$15.4B
FY2024$3.29B$15.6B
FY2025$3.22B$16.1B

Each bar is one fiscal year as reported in its 10-K; bars below the zero line are negative and gaps are years not reported. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.

FY2025 · 5-year trend

Ratios

Profitability

Operating margin
7.9%
Net margin
5.0%
FCF margin
6.6%
Return on assets
5.9%

Growth

Growth. Compound annual growth: (end ÷ start)^(1 ÷ years) − 1, both ends positive.
Metric1y3y CAGR5y CAGR9y CAGR
Revenueup 2.79%up 4.86%up 9.60%—
EPS (diluted)down 50.76%down 16.80%up 15.59%down 1.69%
Free cash flowdown 26.40%down 1.51%up 84.51%down 2.74%
Change in share count
+0.22%

Financial strength

Current ratio
0.72×
Liabilities / assets
125.3%
Net debt
$12.9B
Interest coverage
5.41×
Equity / assets
-25.3%

Shareholder returns

Dividends per share
$2.45
Dividends paid
$2.77B
Buybacks
$0
Payout ratio
149.3%
Stock comp. / revenue
0.9%
Piotroski F-Score · Altman Z''-Score

Quality screens

Piotroski F-Score

4 of 8 checks passed

FY2025 vs FY2024

Partial: 8 of 9 checks could be computed.

  • PassPositive return on assets5.9%
  • PassPositive operating cash flow$4.75B
  • FailReturn on assets improved5.9% vs 12.8%
  • PassOperating cash flow above net income15.1% vs 5.9%
  • PassLong-term debt / assets fell45.5% vs 45.7%
  • FailCurrent ratio improved0.72× vs 0.75×
  • FailNo increase in share count1.14B vs 1.14B
  • —Not computableGross margin improved—
  • FailAsset turnover improved1.19× vs 1.23×

Altman Z''-Score

Distress zone (below 1.10)

FY2025

Altman Z''-Score: Components
ComponentsRatioWeightPoints
Working capital / assets-0.088×6.56-0.58
Retained earnings / assets-0.258×3.26-0.84
Operating income / assets0.092×6.720.62
Equity / liabilities-0.202×1.05-0.21
Z''-1.02

Screening heuristic, not a recommendation. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.

Last 10 fiscal years · newest first

Financial statements

USD millions, except per-share figures (USD). Share counts in millions.

Income statement

Income statement. USD millions, except per-share figures (USD). Share counts in millions.
MetricFY2025Sep 28, 2025FY2024Sep 29, 2024FY2023Oct 1, 2023FY2022Oct 2, 2022FY2021Oct 3, 2021FY2020Sep 27, 2020FY2019Sep 29, 2019FY2018Sep 30, 2018FY2017Oct 1, 2017FY2016Oct 2, 2016
Revenue37,18436,17635,97632,25029,06123,51826,50924,72022,38721,316
YoY (Revenue)+2.79%+0.56%+11.55%+10.98%+23.57%-11.28%+7.24%—+5.02%—
Gross profit——————17,98214,54513,34912,805
Operating income2,9375,4095,8714,6184,8721,5624,0783,8834,1354,172
Interest expense54356255048347043733117092.581.3
Pretax income2,5074,9705,4024,2325,3571,1644,4665,7804,3184,199
Income tax6511,2071,2779491,1572408721,2621,4331,380
Net income1,8563,7614,1253,2824,1999283,5994,5182,8852,818
YoY (Net income)-50.64%-8.82%+25.69%-21.85%+352.36%-74.21%-20.34%+56.63%+2.38%—
EPS (basic)1.633.323.602.853.570.792.953.271.991.91
EPS (diluted)1.633.313.582.833.540.792.923.241.971.90
YoY (EPS (diluted))-50.76%-7.54%+26.50%-20.06%+348.10%-72.95%-9.88%+64.47%+3.68%—
Diluted shares (weighted)1,1401,1371,1511,1591,1861,1821,2331,3951,4621,487

Balance sheet

Balance sheet. USD millions, except per-share figures (USD). Share counts in millions.
MetricFY2025Sep 28, 2025FY2024Sep 29, 2024FY2023Oct 1, 2023FY2022Oct 2, 2022FY2021Oct 3, 2021FY2020Sep 27, 2020FY2019Sep 29, 2019FY2018Sep 30, 2018FY2017Oct 1, 2017FY2016Oct 2, 2016
Cash & equivalents3,2203,2863,5522,8186,4564,3512,6878,7562,4622,129
Receivables1,2781,2141,1841,176940883879693870769
Inventory2,1861,7771,8062,1771,6041,5511,5291,4011,3641,379
Current assets7,3826,8477,3037,0199,7567,8065,65412,4945,2834,761
Goodwill3,3693,3163,2183,2843,6773,5973,4913,5421,5391,720
Intangible assets1671011211563505527821,042441516
Total assets32,02031,33929,44627,97831,39329,37519,22024,15614,36614,330
Current liabilities10,2109,0709,3459,1528,1517,3476,1695,6844,2214,547
Short-term debt1,4991,2491,8521,9249991,68903500400
Long-term debt14,57614,32013,54813,12013,61714,66011,1679,0903,9333,202
Total liabilities40,10938,78137,43336,67736,70737,17425,45122,9818,9098,439
Retained earnings-8,273-7,344-7,256-8,450-6,316-7,816-5,7711,4575,5635,950
Stockholders' equity-8,097-7,449-7,995-8,707-5,321-7,805-6,2321,1705,4505,884
Shares outstanding1,1371,1341,1431,1481,1801,1731,1851,3091,4321,461

Cash flow

Cash flow. USD millions, except per-share figures (USD). Share counts in millions.
MetricFY2025Sep 28, 2025FY2024Sep 29, 2024FY2023Oct 1, 2023FY2022Oct 2, 2022FY2021Oct 3, 2021FY2020Sep 27, 2020FY2019Sep 29, 2019FY2018Sep 30, 2018FY2017Oct 1, 2017FY2016Oct 2, 2016
Operating cash flow4,7486,0966,0094,3975,9891,5985,04711,9384,1744,575
Capital expenditures2,3062,7782,3341,8411,4701,4841,8071,9761,5191,440
Free cash flow2,4423,3183,6752,5564,5191143,2409,9612,6553,135
YoY (Free cash flow)-26.40%-9.71%+43.78%-43.44%+3,857.18%-96.48%-67.47%+275.21%-15.31%—
Depreciation & amortization1,7721,5921,4501,5291,5241,5031,4491,3061,0671,030
Stock-based compensation318308303272319249308250176218
Share repurchases01,2679844,01301,69910,2227,1342,0431,996
Dividends paid2,7712,5852,4322,2632,1191,9241,7611,7431,4501,178
Dividends per share2.452.322.162.002.291.231.491.320.000.85
Key financials (annual, 10-K)

Values as reported in each fiscal year's Form 10-K (XBRL data on SEC EDGAR); growth and ratios are computed from those values. Revenue is the total revenue figure the company tagged (omitted when the only figure tagged is evidently partial, e.g. below net income); growth is only shown between consecutive ~12-month fiscal years reported with the same revenue measure. Per-share figures and share counts are as reported and not adjusted for later stock splits. — = not reported.

FY2025 · per diluted weighted share

Per share and valuation context

EPS (diluted)
$1.63
Revenue per share
$32.62
FCF per share
$2.14
Book value per share
-$7.10
Tangible book per share
-$10.21
Cash per share
$2.82
Dividends per share
$2.45
Public floatas of Mar 30, 2025
$111B

Price ratios need a live quote. This page shows no stock prices. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.

Price ratio calculator

Type a share price to compute ratios from the latest 10-K figures. Nothing is stored or sent. (FY2025)

Market capPrice × diluted weighted shares
—
P/EPrice ÷ diluted EPS
—
P/BPrice ÷ book value per share
—
P/SPrice ÷ revenue per share
—
P/FCFPrice ÷ FCF per share
—
Dividend yieldDividends per share ÷ price
—
SEC EDGAR

Filing timeline

  1. 8-KNew
    Current report· Oct 29, 2026(SEC EDGAR)
    • 2.02Results of operations
    • 9.01Financial statements and exhibits
  2. 8-K
    Current report· Sep 22, 2026(SEC EDGAR)
    • 2.05Exit or disposal costs
    • 7.01Regulation FD disclosure
  3. 10-Q
    Quarterly report· Jun 28, 2026(SEC EDGAR)
  4. 8-K
    Current report· Jul 29, 2026(SEC EDGAR)
    • 2.02Results of operations
    • 9.01Financial statements and exhibits
  5. 8-K
    Current report· Jun 11, 2026(SEC EDGAR)
    • 5.02Officer or director changes
  6. 8-K
    Current report· May 20, 2026(SEC EDGAR)
    • 8.01Other events
  7. 8-K
    Current report· May 13, 2026(SEC EDGAR)
    • 2.05Exit or disposal costs
  8. 10-Q
    Quarterly report· Mar 29, 2026(SEC EDGAR)
  9. 8-K
    Current report· Apr 28, 2026(SEC EDGAR)
    • 2.02Results of operations
    • 9.01Financial statements and exhibits
  10. 8-K
    Current report· Apr 2, 2026(SEC EDGAR)
    • 7.01Regulation FD disclosure
    • 9.01Financial statements and exhibits
All filings on SEC EDGAR

Frequently asked questions

What does STARBUCKS CORP do?

The SEC classifies STARBUCKS CORP under Standard Industrial Classification (SIC) code 5810, "Retail-Eating & Drinking Places". It is headquartered in Seattle, WA. It is incorporated in WA. In fiscal 2025 it reported revenue of $37.18B and net income of $1.86B in its annual 10-K report.

What was STARBUCKS CORP's revenue in 2025?

STARBUCKS CORP reported revenue of $37.18B for fiscal 2025, which ended Sep 28, 2025, up 2.8% from $36.18B in fiscal 2024, according to its annual 10-K report filed with the SEC on Nov 14, 2025.

What was STARBUCKS CORP's net income in 2025?

STARBUCKS CORP reported net income of $1.86B for fiscal 2025, a net margin of 5.0% of revenue.

Where is STARBUCKS CORP listed?

According to the SEC, STARBUCKS CORP's ticker SBUX is listed on Nasdaq.

When does STARBUCKS CORP's fiscal year end?

According to the SEC, STARBUCKS CORP's fiscal year ends on September 28; its latest reported fiscal year (2025) ended Sep 28, 2025.

Source: SEC EDGAR · Last updated:

Ver en español

Not investment advice: This page shows financial data that companies reported to the US Securities and Exchange Commission, for information only. It is not investment advice or a recommendation to buy or sell any security, and it shows no stock prices. Data may be incomplete, restated or out of date — check the original filings on SEC EDGAR before making decisions.