StarbucksSBUX

StarbucksSBUX

Revenue: is the business selling more than it used to?

$37.2B+3% YoYFY 2025

→Revenue reached $37.2B in 2025, compounding +10% a year since 2020 and the pace is picking up. The trailing twelve months are already running at $38.3B, ahead of the last full year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

Net income: how much of that revenue becomes profit?

$1.9B−51% YoYFY 2025

→Net income was $1.9B in 2025, compounding +15% a year over three years. Trailing twelve-month profit stands at $2.0B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

How fast is it growing, year by year?

+2.8%revenue growth, FY 2025

→Revenue grew +3% in 2025 against a five-year average of +16%. Earnings went the other way (-51%) even as sales grew, so margins compressed: costs rose faster than revenue. 2012's +254% earnings rebound off a collapsed base and 2014's +24817% earnings rebound off a collapsed base and 2024's +305% earnings rebound off a collapsed base sits off the axis.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

Revenue per share: is your slice growing as fast as the company?

$32.62revenue per share, FY 2025

→Revenue per share reached $32.62 in 2025, compounding +10% a year - in line with SBUX's own +10%, so the share count is not distorting your slice. Free cash flow per share stands at $2.14.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

Free cash flow: what is left in real cash after everything?

$2.4B−26% YoYFY 2025

→Free cash flow was $2.4B in 2025, compounding +85% a year since 2020. The trailing twelve months stand at $3.6B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

How much of every sales dollar ends up as free cash?

→7 cents of every sales dollar became free cash in 2025, down 3 points since 2024.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

What does staying competitive cost, per dollar of sales?

→The biggest claim on each sales dollar is capital spending, at 6% of revenue (stock compensation 1%).

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

When sales grow, do profits grow faster?

→Operating profit outgrew revenue in only 1 of the last 5 years. Costs are growing roughly in step with the business, so scale isn't yet paying for itself.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

Margins: of every $1 of sales, how much survives each cost layer?

→Operating margin compressed 7 points to 8% since 2024. After everything, 5 cents of each sales dollar reaches net profit. SBUX doesn't tag a gross-profit line in its filings, so the chart starts at operating margin.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

What does it earn on the money it uses?

→Return on capital needs both a profit and an equity base; one of them isn't available here.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

What has the market paid for SBUX over time?

60.1xP/E today

→At 60.1x earnings, the market is paying +137% more than SBUX's own 5-year median of 25.3x. Expectations are elevated, so more has to go right to justify the price.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

What cash return does the business throw off per dollar of market value?

3.1%FCF yield today

→Every dollar of market value currently buys 3.1% of annual free cash flow, less than its 5-year median of 3.5% - you are paying up for the same cash.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

Could it handle its debt if things went wrong?

→Debt of $13.3B sits against $3.4B of cash. Earnings cover interest 5.4 times - adequate, with less room than it looks in a downturn.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

Is the company's own capital growing?

→Shareholders' equity is negative at $-7.7B: liabilities exceed assets. Usually the mark of heavy buybacks or accumulated losses, and always worth understanding which.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

How much goes back, and how much leaks out as stock comp?

→Shareholders received $2.8B in dividends in 2025. Stock compensation issued $318M of new shares in the same year, offsetting 11% of that.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

How fast is your ownership being diluted - or concentrated?

→The share count grew 0.2% in 2025. Your slice of the company shrinks by that much each year unless earnings grow faster.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

Is the dividend cheque growing?

→The dividend per share reached $2.43 in 2025, compounding +8% a year since 2020.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

Can it afford the dividend?

→The dividend consumed 149% of profit and 113% of free cash flow in 2025. That is a thin cushion: a bad year would put the payment under real pressure.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

Does SBUX earn more on its capital than that capital costs?

→SBUX earns 14.2% on the capital it employs, comfortably above the 10% most investors treat as the cost of capital. It was 7.1% in 2020, so the trend is up, though the path has been bumpy.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

SBUX has issued or retired shares - did shareholders end up better off?

→SBUX has shrunk its share count -26% from 2007 to 2025, so each remaining share owns more of the business. Revenue per share is +434% over the same years.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28

StarbucksSBUX

Are the people running it buying or selling?

→Insiders bought $994,500 and sold $2M on the open market, a net sale of $798,249. A further 34 filings were grants, option exercises or tax withholding, which say nothing either way.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-28