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Starbucks SBUX Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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Other financials

Income statement

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Revenue$9.3B-1.4%
Operating income$980.4M+4.8%
Net income$1.0B+87.2%
EPS (diluted)$0.91+85.7%

Balance sheet

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Cash & equivalents$3.4B-17.3%
Total debt$22.4B-19.6%
Total equity-$7.7B+0.2%
Total assets$28.3B-15.9%

Cash flow

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Operating cash flow$1.6B+63.9%
CapEx$291.4M-48.6%
Free cash flow$1.4B+211%

Valuation

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Market cap$119.88B+18.5%
Enterprise value$138.87B+11.2%
P/E60.5×+22.0×
P/S3.1×+0.4×

Profitability

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Gross margin72.3%
Operating margin7.8%-3.0pp
Net margin5.2%-2.0pp
FCF margin9.5%

Returns & leverage

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Return on equity136.5%
Debt / equity7.8×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Starbucks in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent.

The source filing: Starbucks’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 5:17 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000829224-26-000130
Line itemThree Quarters Ended / Jun 28, 2026Three Quarters Ended / Jun 29, 2025
Cash paid related to operating lease liabilities$1,494.8$1,411.9
Operating lease liabilities arising from obtaining ROU assets (1)882.81,489.0
Jun 28, 2026Jun 29, 2025
Weighted-average remaining operating lease term (1)8.5 years8.6 years
Weighted-average operating lease discount rate (1)3.9%3.6%

Item 1.Financial Statements

FAQ

What is Starbucks's operating lease ROU assets?
Starbucks (SBUX) reported operating lease ROU assets of 3.9% in Q2 2026.
How has Starbucks's operating lease ROU assets changed year-over-year?
Starbucks's operating lease ROU assets increased by 8.3% year-over-year, from 3.6% to 3.9%.
What is the long-term trend for Starbucks's operating lease ROU assets?
Over 4 years (2021 to 2025), Starbucks's operating lease ROU assets has grown at a 3.1% compound annual growth rate (CAGR), from 823,600,000,000% to 931,570,000,000%.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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