Starbucks SBUX Ratios & Valuation
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 7.6%-4.9pp | 7.2%-6.8pp | 7.9%-7.1pp | 10.8%-5.1pp | 12.5%-3.6pp | |
| Net margin | 3.9%-4.7pp | 3.6%-6.1pp | 5%-5.4pp | 7.2%-4.0pp | 8.6%-2.8pp | |
| EBITDA margin | 12.1%-5.0pp | 11.9%-6.6pp | 12.7%-6.7pp | 15.5%-4.7pp | 17.1%-3.1pp | |
| Free cash flow margin | 7.1%— | —— | —— | —— | —— | |
| Returns | ||||||
| Return on assets | 4.8%-5.4pp | 4.3%-7.2pp | 5.9%-6.5pp | 8.3%-5.6pp | 10.3%-4.1pp | |
| Return on invested capital | 11.8%-11.5pp | 11.6%-17.5pp | 14.9%-17.7pp | 19.6%-15.7pp | 23.3%-12.7pp | |
| Efficiency | ||||||
| Asset turnover | 1.2×0.0× | 1.2×0.0× | 1.2×0.0× | 1.2×-0.1× | 1.2×-0.1× | |
| Liquidity | ||||||
| Current ratio | 0.9×+0.3× | 1×+0.3× | 0.7×0.0× | 0.8×-0.1× | 0.6×-0.2× | |
| Quick ratio | 0.9×+0.3× | 1×+0.3× | 0.7×0.0× | 0.7×-0.1× | 0.6×-0.2× | |
| Cash ratio | 0.1×-0.1× | 0.3×-0.1× | 0.3×0.0× | 0.4×0.0× | 0.3×-0.1× | |
| Leverage | ||||||
| Debt-to-assets | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | |
| Net debt / EBITDA | 4.9×+1.2× | 4.9×+1.6× | 5×+1.9× | 4.2×+1.2× | 3.8×+0.7× | |
| Interest coverage | 5.2×-3.3× | 4.9×-4.3× | 5.4×-4.2× | 7.4×-2.9× | 8.5×-1.9× | |
| Per Share | ||||||
| Book value per share | -$7.40-10.7% | -$7.35-11.9% | -$7.10-8.5% | -$6.74+3.6% | -$6.69+10.2% | |
| Valuation | ||||||
| Market capitalization | $102.07B-8.4% | $95.76B-7.4% | $96.16B-12.9% | $103.98B+17.9% | $111.42B+7.7% | |
| Enterprise value | $124.93B-7.3% | $117.81B-6.2% | $119.56B-9.2% | $127.69B+15.8% | $134.76B+7.0% | |
| Price / earnings | 68.2×+32.6× | 69.9×+40.5× | 51.8×+22.4× | 39.5×+17.8× | 35.6×+10.7× | |
| Price / sales | 2.7×-0.4× | 2.5×-0.3× | 2.6×-0.5× | 2.8×+0.4× | 3.1×+0.2× | |
| EV / EBITDA | 26.8×+5.2× | 26.3×+7.5× | 25.4×+6.6× | 22.5×+7.5× | 21.7×+4.6× | |
| EV / sales | 3.2×-0.5× | 3.1×-0.4× | 3.2×-0.4× | 3.5×+0.5× | 3.7×+0.3× | |
| Free cash flow yield | 2.7%— | —— | —— | —— | —— | |
| Earnings yield | 1.5%-1.3pp | 1.4%-2.0pp | 1.9%-1.5pp | 2.5%-2.1pp | 2.8%-1.2pp | |
| Dividend yield | 2.7%+0.3pp | 2.9%+0.4pp | 2.9%+0.5pp | 2.6%-0.3pp | 2.4%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
