Is Starbucks financially healthy?

On 27 September 2026 Starbucks held 3.86B USD in cash and short-term investments against total debt of 22.41B USD. Its current ratio is 0.76: what falls due within a year against what turns into cash within a year. Over the last twelve months it generated 3.72B USD of free cash flow.

Is Starbucks growing?

Starbucks's revenue grew 5.5% a year over its last five fiscal years, from 29.06B USD in fiscal year 2021 to 37.91B USD in fiscal year 2026. Over the last twelve months it was up 2.0% on the twelve months before.

Where can I find Starbucks's annual report (10-K)?

Starbucks files its annual report (Form 10-K) and its quarterly reports (Form 10-Q) with the US Securities and Exchange Commission, on its EDGAR site; the figures on these pages come from them.

Starbucks
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Arincen ScoreBeta64/100

64/100B

107.170

USD

-0.12

(-0.11%)

Market Open

Last updated: 13 Nov, 10:41 GMT-5 · Delayed 15 min

Fair valueNot reliable

Q1 FY2027 · Earnings report

EPS estimate 0.75Revenue estimate 9.35B

Q1 FY2027 · Earnings report

Wednesday 27 January

EPS estimate 0.75Revenue estimate 9.35B

Fair valueNot reliable

Q1 FY2027 · Earnings report

EPS estimate 0.75Revenue estimate 9.35B

Q1 FY2027 · Earnings report

Wednesday 27 January

EPS estimate 0.75Revenue estimate 9.35B

Overview Financials News Forecast Earnings Dividends Company

Starbucks financials

Yes. Starbucks earned 2.53B USD of net income over the last twelve months, 6.7% of its revenue. It made a profit in 36 of its 36 fiscal years since 1991.

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 37.91B USD
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 2.53B USD
Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.: 3.72B USD
Cash and short-term investments: 3.86B USD
Total debt: 22.41B USD
Shareholders' equityWhat is a balance sheet? The balance sheet lists what a company owns (assets), what it owes (liabilities) and what is left for its shareholders (equity) on one date.: -7.67B USD

Cash, debt and equity as of 27 Sept 2026.

Starbucks earnings

Next earnings · Q1 FY2027

27 Jan 2027

EPS estimate

0.75 USD

Revenue estimate

9.35B USD

Last quarter · Q4 FY2026

EPS0.80Beat +11.3%Revenue9.14BMissed -0.9%

Revenue

ReportedEstimate

EPS

ReportedEstimate

Period	Report date	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
Q4 FY2027	—	0.98	—	—	+22.53%	10.07B	—	—	+10.12%
Q3 FY2027	—	0.87	—	—	+2.87%	9.47B	—	—	+1.59%
Q2 FY2027	—	0.63	—	—	+25.37%	8.90B	—	—	-6.59%
Q1 FY2027	27 Jan 2027	0.75	—	—	+33.93%	9.35B	—	—	-5.73%
Q4 FY2026	29 Oct 2026	0.72	0.80	+11.27%	+53.85%	9.22B	9.14B	-0.90%	-4.47%
Q3 FY2026	29 Jul 2026	0.66	0.85	+28.79%	+70.00%	9.17B	9.32B	+1.62%	-1.41%
Q2 FY2026	28 Apr 2026	0.43	0.50	+17.56%	+21.95%	9.17B	9.53B	+3.95%	+8.79%
Q1 FY2026	28 Jan 2026	0.59	0.56	-4.44%	-18.84%	9.65B	9.92B	+2.70%	+5.50%
Q4 FY2025	29 Oct 2025	0.56	0.52	-6.47%	-35.00%	9.33B	9.57B	+2.59%	+5.46%
Q3 FY2025	29 Jul 2025	0.65	0.50	-22.72%	-46.24%	9.29B	9.46B	+1.73%	+3.75%

Period	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
FY2029	4.28	—	—	+15.15%	41.74B	—	—	+6.67%
FY2028	3.72	—	—	+15.46%	39.13B	—	—	+3.60%
FY2027	3.22	—	—	+18.86%	37.77B	—	—	-0.38%
FY2026	2.63	2.71	+3.05%	+27.83%	38.00B	37.91B	-0.25%	+1.95%
FY2025	2.15	2.12	-1.57%	-35.95%	36.95B	37.18B	+0.63%	+2.79%
FY2024	2.76	3.31	+19.98%	-6.76%	36.35B	36.18B	-0.47%	+0.56%
FY2023	3.46	3.55	+2.71%	+19.93%	35.89B	35.98B	+0.24%	+11.55%

Starbucks growth and profitability

Full income statement

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 37.90B USD
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 2.53B USD
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.: 42.67%
Operating margin: 9.60%
Net margin: 6.67%

Revenue / Net income

Revenue Net income Net margin

Period	Revenue	Growth	Net income	Growth	Gross margin	Operating margin	Net margin	EBITDA	Growth
FY2026	37.91B	+1.95%	2.53B	+36.11%	67.73%	9.74%	6.66%	5.86B	+7.14%
FY2025	37.18B	+2.79%	1.86B	-50.64%	24.15%	7.90%	4.99%	5.47B	-23.28%
FY2024	36.18B	+0.56%	3.76B	-8.82%	26.84%	14.95%	10.40%	7.12B	-3.76%
FY2023	35.98B	+11.55%	4.12B	+25.69%	27.37%	16.32%	11.46%	7.40B	+18.55%
FY2022	32.25B	+10.98%	3.28B	-21.85%	25.96%	14.32%	10.18%	6.24B	-15.05%

Period	Revenue	Net income	Gross margin	Operating margin	Net margin
Q4 FY2026	9.14B	677.20M	68.01%	10.85%	7.41%
Q3 FY2026	9.32B	1.05B	69.66%	10.52%	11.21%
Q2 FY2026	9.53B	510.90M	20.08%	8.16%	5.36%
Q1 FY2026	9.91B	293.30M	15.63%	8.99%	2.96%
Q4 FY2025	9.57B	133.10M	23.11%	2.91%	1.39%

How Starbucks makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Revenue37.91B 100.0%

Cost of revenue12.24B 32.3%

Gross profit25.68B 67.7%

Selling and administration2.37B 6.3%

Other operating expenses19.61B 51.7%

Operating income3.69B 9.7%

Tax1.32B 3.5%

Net income2.53B 6.7%

FY2026, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Starbucks revenue breakdown

By product

FY2025

60.6%Beverage20.4%Other Products19.0%Food

Segment	Revenue	Share of revenue	Change on the year
Beverage	22.54B	60.6%	+3.0%
Other Products	7.59B	20.4%	+0.7%
Food	7.05B	19.0%	+4.5%

By region

FY2025

72.9%United States18.6%International8.5%China

Region	Revenue	Share of revenue	Change on the year
United States	27.12B	72.9%	+1.6%
International	6.90B	18.6%	+6.8%
China	3.16B	8.5%	+5.1%

Operating and free cash flow

Full cash flow statement

Operating cash flow Free cash flow

Fiscal year	Operating cash flow	Free cash flow
FY2026	4.99B	3.72B
FY2025	4.75B	2.44B
FY2024	6.10B	3.32B
FY2023	6.01B	3.68B
FY2022	4.40B	2.56B
FY2021	5.99B	4.52B
FY2020	1.60B	114.20M
FY2019	5.05B	3.24B
FY2018	11.94B	9.96B
FY2017	4.17B	2.65B

Starbucks financial health

Full balance sheet

Cash and short-term investments: 3.86B USD
Total debt: 22.41B USD
Net cash: -18.55B USD
Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.: 3.72B USD
Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.: 0.76
Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.: 8 / 9
Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.: 3.39

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow

Fiscal year	Cash and short-term investments	Total debt	Free cash flow
FY2026	3.86B	22.41B	3.72B
FY2025	3.47B	26.61B	2.44B
FY2024	3.54B	25.80B	3.32B
FY2023	3.95B	24.60B	3.68B
FY2022	3.18B	23.80B	2.56B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity

Fiscal year	Total assets	Total liabilities	Shareholders' equity
FY2026	28.39B	36.05B	-7.67B
FY2025	32.02B	40.11B	-8.10B
FY2024	31.34B	38.78B	-7.45B
FY2023	29.45B	37.43B	-7.99B
FY2022	27.98B	36.68B	-8.71B
FY2021	31.39B	36.71B	-5.32B
FY2020	29.37B	37.17B	-7.81B
FY2019	19.22B	25.45B	-6.23B
FY2018	24.16B	22.98B	1.17B
FY2017	14.37B	8.91B	5.45B

Starbucks valuation

Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.: 48.49
Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.: 33.27
Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.: 3.22
EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.: 23.65

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Market capitalization

122.18B USD

Total debt

22.41B USD

−

Cash and short-term investments

3.86B USD

Enterprise value

140.73B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate

Fiscal year	P/E	Forward P/E	P/S	P/B	EV/EBITDA
FY2029 (est.)	25.03	—	—	—	—
FY2028 (est.)	28.82	25.03	—	—	—
FY2027 (est.)	33.27	28.82	—	—	—
Now (TTM)	48.49	32.62	3.22	—	23.65
FY2026	43.11	29.48	2.87	-14.20	21.80
FY2025	52.54	31.74	2.63	-12.06	22.14
FY2024	29.45	36.77	3.06	-14.88	18.72
FY2023	25.35	33.06	2.91	-13.09	16.98
FY2022	29.56	24.38	3.01	-11.16	18.92

Starbucks against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: McDonald's, Yum! Brands, Chipotle Mexican Grill, Restaurant Brands International, Darden Restaurants, and Texas Roadhouse, the US Restaurants companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

P/E (today)Above its median48.5
18.583.8
Gross marginHighest in 5 years67.7%
24.2%67.7%
Against its peers: 1 of 7Peers' median 33.2%
Operating marginBelow its median9.7%
7.9%16.3%
Against its peers: 6 of 7Peers' median 20.3%
Net marginBelow its median6.7%
5.0%11.5%
Against its peers: 7 of 7Peers' median 11.0%
Free cash flow marginAbove its median9.8%
6.6%10.2%
Against its peers: 5 of 7Peers' median 13.7%
Revenue growthBelow its median2.0%
0.6%11.6%
Against its peers: 7 of 7Peers' median 9.1%
EPS growthHighest in 5 years35.6%
-50.8%35.6%
Against its peers: 1 of 7Peers' median 3.8%
Debt to EBITDAAbove its median3.83×
3.32×4.87×
Against its peers: 5 of 7Peers' median 3.34×
Current ratioAt its median0.76
0.720.78
Against its peers: 5 of 7Peers' median 0.97

Figure	FY2026	5-year low – high	Against its history	Against its peers
P/E (today)	48.5	18.583.8	Above its median	—
Gross margin	67.7%	24.2%67.7%	Highest in 5 years	1 of 7
Operating margin	9.7%	7.9%16.3%	Below its median	6 of 7
Net margin	6.7%	5.0%11.5%	Below its median	7 of 7
Free cash flow margin	9.8%	6.6%10.2%	Above its median	5 of 7
Revenue growth	2.0%	0.6%11.6%	Below its median	7 of 7
EPS growth	35.6%	-50.8%35.6%	Highest in 5 years	1 of 7
Debt to EBITDA	3.83×	3.32×4.87×	Above its median	5 of 7
Current ratio	0.76	0.720.78	At its median	5 of 7

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Starbucks dividends

Annual dividend: 2.52 USD
Dividend yield (indicated)What is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.: 2.35%
Payout ratioWhat is the payout ratio? The payout ratio is the share of a company's earnings paid out as dividends: dividends per share divided by earnings per share (EPS).: 140.72%
Years of dividend growthWhat are years of dividend growth? The years in a row a company has raised its dividend per share. 25 years make an S&P 500 company a Dividend Aristocrat; 50 make a Dividend King.: 16
Frequency: Quarterly
Next payment: 0.63 USD
Last ex-dividend dateWhat is the ex-dividend date? The ex-dividend date is the first day a stock trades without its next dividend: buy before it to receive the payment; buy on or after it and the seller gets it.: 13 Nov 2026
Next payment date: 27 Nov 2026

Dividends per share

Year	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Dividends per share	2.45	2.32	2.16	2.00	1.84	1.68	1.49	1.32	1.05	0.85

Starbucks ownership

InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.: 86.36%
Institutional holders: 2,513 (+64)
Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.: 99.79%

Who owns the shares

Institutions 86.4% Others 13.6%

As of 30 Jun 2026

Shares free to trade

Free float 1.14B shares ·99.8% Closely held 2.44M shares ·0.2%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

Quarter	Sales	Shares acquired	Shares disposed of
Q4 2026	2	0.00	2.23K
Q3 2026	3	0.00	64.41K
Q2 2026	6	0.00	9.00K
Q1 2026	3	37.37K	8.30K

Shares outstanding

Basic shares Diluted shares Change in diluted shares

Fiscal year	Basic shares	Diluted shares	Change in diluted shares
FY2026	1.14B	1.14B	+0.32%
FY2025	1.14B	1.14B	+0.22%
FY2024	1.14B	1.14B	-1.22%
FY2023	1.15B	1.15B	-0.62%
FY2022	1.15B	1.16B	-2.28%

Common questions about Starbucks's financials

Source: Financial Modeling Prep

Starbucks
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SBUX

Starbucks financials

Starbucks earnings

Revenue

EPS

Starbucks growth and profitability

Revenue / Net income

How Starbucks makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Starbucks revenue breakdown

By product

By region

Operating and free cash flow

Starbucks financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Starbucks valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

Starbucks against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Starbucks dividends

Dividends per share

Starbucks ownership

Who owns the shares

Shares free to trade

Insider trading

Shares outstanding

Common questions about Starbucks's financials

Is Starbucks profitable?

Is Starbucks financially healthy?

Is Starbucks growing?

Where can I find Starbucks's annual report (10-K)?

Need help?

Starbucks DQuotes are delayed by 15 minutes

SBUX

Starbucks financials

Starbucks earnings

Revenue

EPS

Starbucks growth and profitability

Revenue / Net income

How Starbucks makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Starbucks revenue breakdown

By product

By region

Operating and free cash flow

Starbucks financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Starbucks valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

Starbucks against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Starbucks dividends

Dividends per share

Starbucks ownership

Who owns the shares

Shares free to trade

Insider trading

Shares outstanding

Common questions about Starbucks's financials

Is Starbucks profitable?

Is Starbucks financially healthy?

Is Starbucks growing?

Where can I find Starbucks's annual report (10-K)?

Need help?

Starbucks
D
Quotes are delayed by 15 minutes