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Starbucks SBUX International — Goodwill

Other segment segments

North America
$490.8M+0.2%
Channel Development
$34.7M0.0%
Corporate and Other
$1M0.0%

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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$118.13B+11.0%
Enterprise value$140.99B+8.3%
P/E79×+38.5×
P/S3.1×+0.2×

Profitability

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Gross margin72.3%
Operating margin7.6%-4.9pp
Net margin3.9%-4.7pp
FCF margin7.1%

Returns & leverage

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Return on equity136.5%
Debt / equity7.8×
Current ratio0.9×+0.3×

Where this comes from

Reported directly by Starbucks in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Starbucks’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Starbucks's international — goodwill?
Starbucks (SBUX) reported international — goodwill of $768.6M in Q1 2026.
How has Starbucks's international — goodwill changed year-over-year?
Starbucks's international — goodwill decreased by 72.5% year-over-year, from $2.8B to $768.6M.
What is the long-term trend for Starbucks's international — goodwill?
Over 4 years (2021 to 2025), Starbucks's international — goodwill has grown at a -2.7% compound annual growth rate (CAGR), from $12.58B to $11.26B.
What does international — goodwill mean?
This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the international segment. It reflects the premium paid for brand recognition, customer loyalty, and international market presence. This asset is subject to annual impairment testing to ensure its carrying value remains supported by future cash flows.