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Starbucks SBUX Ratios & Valuation

TTM Q2 '26TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25
Profitability
Operating margin33.5%-4.9pp38.4%-6.8pp45.2%-7.1pp52.2%-5.1pp57.3%-3.6pp
Net margin19.7%-4.7pp24.4%-6.1pp30.5%-5.4pp35.9%-4.0pp39.9%-2.8pp
EBITDA margin52.1%-5.0pp57.1%-6.6pp63.8%-6.7pp70.5%-4.7pp75.2%-3.1pp
Returns
Return on assets23.2%-5.4pp28.6%-7.2pp35.9%-6.5pp42.4%-5.6pp48%-4.1pp
Return on invested capital57.9%-11.5pp69.4%-17.5pp86.8%-17.7pp104.6%-15.7pp120.3%-12.7pp
Efficiency
Asset turnover4.7×0.0×4.7×0.0×4.7×0.0×4.7×-0.1×4.8×-0.1×
Liquidity
Current ratio3.4×+0.3×3.2×+0.3×2.9×0.0×2.9×-0.1×-0.2×
Quick ratio3.3×+0.3×+0.3×2.7×0.0×2.8×-0.1×2.9×-0.2×
Cash ratio1.1×-0.1×1.2×-0.1×1.3×0.0×1.4×0.0×1.4×-0.1×
Leverage
Debt-to-assets3.2×0.0×3.3×0.0×3.3×0.0×3.2×0.0×3.3×0.0×
Net debt / EBITDA19×+1.2×17.8×+1.6×16.2×+1.9×14.3×+1.2×13.1×+0.7×
Interest coverage22.9×-3.3×26.2×-4.3×30.5×-4.2×34.7×-2.9×37.6×-1.9×
Per Share
Book value per share-$28.60-2.6%-$27.88-2.9%-$27.10-2.1%-$26.54+0.9%-$26.79+2.7%
Valuation
Market capitalization$397.97B-2.3%$407.32B-1.9%$415.03B-3.3%$429.3B+3.8%$413.48B+2.0%
Enterprise value$489.99B-2.0%$499.82B-1.5%$507.67B-2.3%$519.82B+3.5%$502.4B+1.8%
Price / earnings229.5×+32.6×196.9×+40.5×156.3×+22.4×133.9×+17.8×116×+10.7×
Price / sales10.6×-0.4×11×-0.3×11.3×-0.5×11.8×+0.4×11.4×+0.2×
EV / EBITDA101×+5.2×95.8×+7.5×88.3×+6.6×81.7×+7.5×74.2×+4.6×
EV / sales13.1×-0.5×13.5×-0.4×13.9×-0.4×14.3×+0.5×13.8×+0.3×
Earnings yield7.4%-1.3pp8.7%-2.0pp10.7%-1.5pp12.1%-2.1pp14.2%-1.2pp
Dividend yield11.2%+0.3pp10.8%+0.4pp10.4%+0.5pp9.9%-0.3pp10.2%0.0pp

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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.