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Starbucks SBUX Gross Profit

Discontinued — last reported Q2 '20

Gross Profit at other companies

McDonald's logo
McDonald'sMCD
$5.84B+9.5%
Keurig Dr Pepper logo
Keurig Dr PepperKDP
$2.1B+5.7%
PepsiCo logo
PepsiCoPEP
$10.73B+7.4%
Costco Wholesale logo
Costco WholesaleCOST
$9.01B+9.7%
Coca-Cola logo
Coca-ColaKO
$7.85B+12.7%
Monster Beverage logo
Monster BeverageMNST
$1.29B+23.4%

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$113.76B-8.4%
Enterprise value$136.62B-7.3%
P/E76.1×+36.4×
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.

The official record: Starbucks’s 10-Q, filed April 27, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?
The profit a company makes after subtracting the direct costs of producing its goods or services from its total revenue.
How do you interpret gross profit?
An increase suggests improved pricing power or better cost management of raw materials and direct production inputs, while a decrease may indicate rising commodity costs or pricing pressure.
How does gross profit compare across companies?
Comparable to other restaurant and consumer packaged goods companies, where gross margin is a key indicator of brand strength and supply chain efficiency.