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Starbucks SBUX Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Operating margin7.6%+0.4pp7.2%-0.7pp7.9%-2.9pp10.8%-1.7pp12.5%-1.4pp
Net margin3.9%+0.3pp3.6%-1.4pp5%-2.2pp7.2%-1.4pp8.6%-1.1pp
EBITDA margin12.1%+0.2pp11.9%-0.8pp12.7%-2.8pp15.5%-1.6pp17.1%-1.4pp
Free cash flow margin7.1%
Returns
Return on assets4.8%+0.5pp4.3%-1.6pp5.9%-2.4pp8.3%-2.0pp10.3%-1.3pp
Return on invested capital11.8%+0.2pp11.6%-3.3pp14.9%-4.6pp19.6%-3.7pp23.3%-5.8pp
Efficiency
Asset turnover1.2×+0.1×1.2×0.0×1.2×0.0×1.2×0.0×1.2×0.0×
Liquidity
Current ratio0.9×-0.1×+0.3×0.7×0.0×0.8×+0.1×0.6×-0.1×
Quick ratio0.9×-0.1×+0.3×0.7×0.0×0.7×+0.1×0.6×-0.1×
Cash ratio0.1×-0.2×0.3×0.0×0.3×-0.1×0.4×+0.1×0.3×-0.1×
Leverage
Debt-to-assets0.8×0.0×0.8×0.0×0.8×0.0×0.8×0.0×0.8×0.0×
Net debt / EBITDA4.9×0.0×4.9×0.0×+0.8×4.2×+0.4×3.8×+0.4×
Interest coverage5.2×+0.3×4.9×-0.5×5.4×-2.0×7.4×-1.1×8.5×-0.7×
Per Share
Book value per share-$7.40-0.8%-$7.35-3.4%-$7.10-5.3%-$6.74-0.9%-$6.69-1.9%
Valuation
Market capitalization$102.07B+6.6%$95.76B-0.4%$96.16B-7.5%$103.98B-6.7%$111.42B+7.7%
Enterprise value$124.93B+6.0%$117.81B-1.5%$119.56B-6.4%$127.69B-5.2%$134.76B+7.2%
Price / earnings68.2×-1.7×69.9×+18.1×51.8×+12.3×39.5×+3.9×35.6×+6.2×
Price / sales2.7×+0.1×2.5×0.0×2.6×-0.2×2.8×-0.2×3.1×+0.2×
EV / EBITDA26.8×+0.5×26.3×+0.9×25.4×+2.9×22.5×+0.8×21.7×+2.9×
EV / sales3.2×+0.1×3.1×-0.1×3.2×-0.3×3.5×-0.2×3.7×+0.2×
Free cash flow yield2.7%
Earnings yield1.5%0.0pp1.4%-0.5pp1.9%-0.6pp2.5%-0.3pp2.8%-0.6pp
Dividend yield2.7%-0.2pp2.9%0.0pp2.9%+0.3pp2.6%+0.2pp2.4%-0.1pp

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Questions, answered.

What are Starbucks's profit margins?
Starbucks (SBUX) runs a 72.3% gross margin and a 7.6% operating margin, with a 3.9% net margin.
Where do Starbucks's ratios come from?
Every ratio is computed from Starbucks's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.