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Starbucks SBUX EBITDA margin

EBITDA margin at other companies

McDonald's logo
McDonald'sMCD
47.9%+1.0pp
Chipotle Mexican Grill logo
Chipotle Mexican GrillCMG
18.3%-1.6pp
Keurig Dr Pepper logo
Keurig Dr PepperKDP
24.4%+3.9pp
Restaurant Brands International logo
Restaurant Brands InternationalQSR
27.9%-1.6pp
General Mills logo
General MillsGIS
22%+1.0pp
Coca-Cola logo
Coca-ColaKO
31.5%+4.6pp

Other financials

Income statement

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Revenue$9.5B+8.8%
Operating income$828.1M+37.8%
Net income$510.9M+33.0%
EPS (diluted)$0.45+32.4%

Balance sheet

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Cash & equivalents$1.5B-42.7%
Total debt$24.4B-6.2%
Total equity-$8.5B-11.1%
Total assets$30.6B-3.4%

Cash flow

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Operating cash flow$364.5M+24.8%
CapEx$272.7M-53.7%
Free cash flow$91.8M

Valuation

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Market cap$114.71B-8.4%
Enterprise value$137.57B-7.3%
P/E76.7×+36.7×
P/S-0.5×

Profitability

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Gross margin72.3%
Operating margin7.6%-4.9pp
Net margin3.9%-4.7pp

Returns & leverage

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Return on equity136.5%
Debt / equity7.8×
Current ratio0.9×+0.3×

Where this comes from

Calculated from Starbucks’s reported figures.

Based on trailing twelve months.

The official record: Starbucks’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Starbucks's EBITDA margin?
Starbucks (SBUX) reported EBITDA margin of 12.1% in Q1 2026.
How has Starbucks's EBITDA margin changed year-over-year?
Starbucks's EBITDA margin decreased by 29.3% year-over-year, from 17.1% to 12.1%.
What is the long-term trend for Starbucks's EBITDA margin?
Over 4 years (2021 to 2025), Starbucks's EBITDA margin has grown at a -1.6% compound annual growth rate (CAGR), from 68% to 63.8%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.