Starbucks is a coffeehouse chain based in Seattle. In thousands of company-operated and licensed stores it sells coffee drinks, snacks and baked goods. It also sells coffee products in retail. Its main markets are the US and China. As of Oct 13, 2026
As of Oct 13, 2026Fact sheet (from the annual report)Food service · Seattle, USAfull fact sheet
The group roasts coffee and offers it with handcrafted beverages and food in its own coffeehouses, which generated most of its revenue in fiscal year 2025. In addition, there are licensed stores and distribution through supermarkets and food service as part of the Global Coffee Alliance. Its segments are called North America and International, with company-operated and licensed stores, and Channel Development for whole bean coffee, pod products and ready-to-drink beverages outside the stores. Besides the main Starbucks brand, the group uses names such as Teavana and Ethos. For ready-to-drink beverages, it works with partners such as PepsiCo.
Calculated automatically by fixed rules – not investment advice, check for yourself. How we analyze
Price performance at a glance
Last 30 trading days
Today+0.3%
7 days+3.7%
30 days+8.6%
1 year+18.1%
Day range (last trading day)
−1.6%Price at 94% of the range+0.1%
52-week range
−24.3%Price at 77% of the range+7.2%
Distance from the all-time high
−18.4%
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
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SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and margin
Starbucks · Sector Consumer Discretionary · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Nov 14, 2025.
Quality checks
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
–no data: Gross margin above 40%not stated in the SEC filings
✗not met: Operating margin above 15%7.9%
✗not met: Net margin above 10%5.0%
–no data: Return on equity above 15%negative equity
✗not met: Free cash flow margin above 10%6.6%
✓met: Profit in each of the last 5 fiscal years5 of 5
✓met: Free cash flow positive in each of the last 3 fiscal years3 of 3
✗not met: Equity ratio above 30%−25.3%
Operating margin
7.9%Fiscal year 2025
All35medium
Rank 35 of 100: higher than 35% of 192 peers (All). medium.
Sector33medium
Rank 33 of 100: higher than 33% of 20 peers (Sector). medium.
Median Consumer Discretionary: 11.5%
Operating income divided by revenue: what the core business earns before interest and taxes.
Net margin
5.0%Fiscal year 2025
All26weak
Rank 26 of 100: higher than 26% of 237 peers (All). weak.
Sector21weak
Rank 21 of 100: higher than 21% of 21 peers (Sector). weak.
Median Consumer Discretionary: 8.6%
Profit after all costs, interest and taxes divided by revenue.
Return on assets
5.8%Fiscal year 2025 (total assets at year end)
All49medium
Rank 49 of 100: higher than 49% of 238 peers (All). medium.
Sector31weak
Rank 31 of 100: higher than 31% of 21 peers (Sector). weak.
Median Consumer Discretionary: 9.4%
Net income divided by total assets at fiscal year end.
Equity ratio
−25.3%Fiscal year 2025
All1weak
Rank 1 of 100: higher than 1% of 239 peers (All). weak.
Sector7weak
Rank 7 of 100: higher than 7% of 22 peers (Sector). weak.
Median Consumer Discretionary: 26.1%
Equity as a share of total assets. Usually low for banks.
Free cash flow margin
6.6%Fiscal year 2025
All31weak
Rank 31 of 100: higher than 31% of 213 peers (All). weak.
Sector26weak
Rank 26 of 100: higher than 26% of 21 peers (Sector). weak.
Median Consumer Discretionary: 8.9%
Free cash flow divided by revenue.
Free cash flow
2.4B USDFiscal year 2025
Operating cash flow minus capital expenditure on property and equipment.
Growth 5 of 7 met
✗not met: Over 3 years, revenue grew by more than 5% per year+4.9%
✓met: Over 5 years, revenue grew by more than 5% per year+9.6%
✓met: Over 10 years, revenue grew by more than 5% per year+6.9%
✗not met: Over 3 years, EPS grew by more than 5% per year−16.8%
✓met: Over 5 years, EPS grew by more than 5% per year+15.6%
✓met: Revenue rose in at least 4 of the last 5 fiscal years5 of 5
✓met: Revenue rose in the last fiscal year+2.8%
Revenue growth 3 years
+4.9%per year
All35medium
Rank 35 of 100: higher than 35% of 230 peers (All). medium.
Sector30weak
Rank 30 of 100: higher than 30% of 22 peers (Sector). weak.
Median Consumer Discretionary: +6.2%
Average growth per year over 3 fiscal years.
Revenue growth 5 years
+9.6%per year
All45medium
Rank 45 of 100: higher than 45% of 217 peers (All). medium.
Sector45medium
Rank 45 of 100: higher than 45% of 21 peers (Sector). medium.
Median Consumer Discretionary: +12.7%
Average growth per year over 5 fiscal years.
Revenue growth 10 years
+6.9%per year
All49medium
Rank 49 of 100: higher than 49% of 157 peers (All). medium.
Sector64medium
Rank 64 of 100: higher than 64% of 18 peers (Sector). medium.
Median Consumer Discretionary: +6.3%
Average growth per year over 10 fiscal years.
EPS growth 3 years
−16.8%per year
All11weak
Rank 11 of 100: higher than 11% of 157 peers (All). weak.
Sector13weak
Rank 13 of 100: higher than 13% of 12 peers (Sector). weak.
Median Consumer Discretionary: +7.4%
Growth of earnings per share per year, adjusted for stock splits.
EPS growth 5 years
+15.6%per year
All57medium
Rank 57 of 100: higher than 57% of 146 peers (All). medium.
Sector54medium
Rank 54 of 100: higher than 54% of 12 peers (Sector). medium.
Median Consumer Discretionary: +14.6%
Growth of earnings per share per year, adjusted for stock splits.
EPS growth 10 years
−1.1%per year
All10weak
Rank 10 of 100: higher than 10% of 140 peers (All). weak.
Sector17weak
Rank 17 of 100: higher than 17% of 15 peers (Sector). weak.
Median Consumer Discretionary: +10.1%
Growth of earnings per share per year, adjusted for stock splits.
Dividend 5 of 7 met
✓met: Pays a dividend2.45 USD
✗not met: Payout ratio at most 60% of earnings150%
✓met: Dividend paid in each of the last 5 fiscal years5 of 5
✓met: Dividend per share never lowered in the last 5 fiscal yearsDividend per share as filed with the SEC, including special dividends; a one-off higher prior year does not count as a cut.never
✓met: Dividend per share higher than 5 years ago+14.8%
✗not met: Free cash flow per share covers the dividend0.9x
✓met: Dividends paid over the last 5 years covered by free cash flow74% of free cash flow
Payout ratio
150%Fiscal year 2025
Dividend per share divided by earnings per share.
Dividend growth 5 years
+14.8%per year
All77strong
Rank 77 of 100: higher than 77% of 118 peers (All). strong.
Sector38medium
Rank 38 of 100: higher than 38% of 12 peers (Sector). medium.
Median Consumer Discretionary: +23.8%
Growth of the dividend per share per year.
Free cash flow coverage
0.9xFiscal year 2025
Free cash flow per share divided by dividend per share. From 1x the dividend is covered.
Financial strength 2 of 6 met
✗not met: Piotroski F-Score at least 7 of 93 of 8 · 1 without data
✗not met: Long-term debt no higher than equitynegative equity
✗not met: Current assets cover current liabilities0.72
✗not met: Positive equity−8.1B USD
✓met: In 5 years, share count up by at most 5%−3.6%
✓met: Free cash flow positive in the last fiscal year2.4B USD
Piotroski F-Score
3 of 8Fiscal year 2025
No rank: not all 9 criteria have data.
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
Debt / equity
negative equityat fiscal year end
No rank: too few peers or not computed yet.
Long-term financial debt divided by equity.
Liquidity (current ratio)
0.72at fiscal year end
All8weak
Rank 8 of 100: higher than 8% of 215 peers (All). weak.
Sector16weak
Rank 16 of 100: higher than 16% of 22 peers (Sector). weak.
Median Consumer Discretionary: 1.15
Current assets divided by current liabilities.
Change in share count
−3.6%in 5 years
All58medium
Rank 58 of 100: lower than 58% of 199 peers (All). medium.
Sector43medium
Rank 43 of 100: lower than 43% of 22 peers (Sector). medium.
Median Consumer Discretionary: −7.4%
Change in diluted share count. Negative = share buybacks, positive = new shares.
The 9 criteria of the Piotroski F-Score
✓met: Profit in the last fiscal year (positive return on assets)
✓met: Positive operating cash flow
✗not met: Return on assets higher than the prior year
✓met: Operating cash flow higher than net income
✗not met: Long-term debt relative to total assets fell
✗not met: Liquidity (current assets / current liabilities) rose
✗not met: No additional shares (diluted share count did not rise)
–no data: Gross margin higher than the prior year
✗not met: Revenue relative to total assets higher than the prior year
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
In short
Light yellow: Revenue grew over 5 years (+9.6% per year), more slowly than the sector median.
Light green: Net income (total) grew over 5 years (+14.9% per year), at least as fast as the sector median; per share +15.6% per year.
Light yellow: Net margin 5.0%, below the sector median (9.4%).
Light green: Profit in each of the last 10 fiscal years.
Light red: Dividend higher than earnings.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
RevenueNet incomeNet margin (below)in USD
010B20B30B40B
2016Fiscal year 2016 (Sep 28, 2015 – Oct 2, 2016): Revenue 21.3B USD · Net income 2.8B USD · Net margin 13.2%
2017Fiscal year 2017 (Oct 3, 2016 – Oct 1, 2017): Revenue 22.4B USD · Net income 2.9B USD · Net margin 12.9%
2018Fiscal year 2018 (Oct 2, 2017 – Sep 30, 2018): Revenue 24.7B USD · Net income 4.5B USD · Net margin 18.3%
2019Fiscal year 2019 (Oct 1, 2018 – Sep 29, 2019): Revenue 26.5B USD · Net income 3.6B USD · Net margin 13.6%
2020Fiscal year 2020 (Sep 30, 2019 – Sep 27, 2020): Revenue 23.5B USD · Net income 928.3M USD · Net margin 3.9%
2021Fiscal year 2021 (Sep 28, 2020 – Oct 3, 2021): Revenue 29.1B USD · Net income 4.2B USD · Net margin 14.5%
2022Fiscal year 2022 (Oct 4, 2021 – Oct 2, 2022): Revenue 32.3B USD · Net income 3.3B USD · Net margin 10.2%
2023Fiscal year 2023 (Oct 3, 2022 – Oct 1, 2023): Revenue 36.0B USD · Net income 4.1B USD · Net margin 11.5%
2024Fiscal year 2024 (Oct 2, 2023 – Sep 29, 2024): Revenue 36.2B USD · Net income 3.8B USD · Net margin 10.4%
2025Fiscal year 2025 (Sep 30, 2024 – Sep 28, 2025): Revenue 37.2B USD · Net income 1.9B USD · Net margin 5.0%
Margin
13%13%18%14%4%14%10%11%10%5%
RevenueNet incomeNet margin (below)in USD
02.5B5B7.5B10B
Q3/23Quarter Q3/23 (Jul 3, 2023 – Oct 1, 2023): Revenue 9.4B USD · Net income 1.2B USD · Net margin 13.0% · Q4 derived (year minus 9 months), may be distorted by restatements
Q4/23Quarter Q4/23 (Oct 2, 2023 – Dec 31, 2023): Revenue 9.4B USD · Net income 1.0B USD · Net margin 10.9%
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Revenue 8.6B USD · Net income 772.4M USD · Net margin 9.0%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Revenue 9.1B USD · Net income 1.1B USD · Net margin 11.6%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 29, 2024): Revenue 9.1B USD · Net income 909.2M USD · Net margin 10.0% · Q4 derived (year minus 9 months), may be distorted by restatements
Q4/24Quarter Q4/24 (Sep 30, 2024 – Dec 29, 2024): Revenue 9.4B USD · Net income 780.8M USD · Net margin 8.3%
Q1/25Quarter Q1/25 (Dec 30, 2024 – Mar 30, 2025): Revenue 8.8B USD · Net income 384.2M USD · Net margin 4.4%
Q2/25Quarter Q2/25 (Mar 31, 2025 – Jun 29, 2025): Revenue 9.5B USD · Net income 558.3M USD · Net margin 5.9%
Q3/25Quarter Q3/25 (Jun 30, 2025 – Sep 28, 2025): Revenue 9.6B USD · Net income 133.2M USD · Net margin 1.4% · Q4 derived (year minus 9 months), may be distorted by restatements
Q4/25Quarter Q4/25 (Sep 29, 2025 – Dec 28, 2025): Revenue 9.9B USD · Net income 293.3M USD · Net margin 3.0%
Q1/26Quarter Q1/26 (Dec 29, 2025 – Mar 29, 2026): Revenue 9.5B USD · Net income 510.9M USD · Net margin 5.4%
Q2/26Quarter Q2/26 (Mar 30, 2026 – Jun 28, 2026): Revenue 9.3B USD · Net income 1.0B USD · Net margin 11.2%
Margin
13%11%9%12%10%8%4%6%1%3%5%11%
Earnings per shareUSD per share
01.002.003.004.00
2016Fiscal year 2016 (Sep 28, 2015 – Oct 2, 2016): Earnings per share 1.90 USD
2017Fiscal year 2017 (Oct 3, 2016 – Oct 1, 2017): Earnings per share 1.97 USD
2018Fiscal year 2018 (Oct 2, 2017 – Sep 30, 2018): Earnings per share 3.24 USD
2019Fiscal year 2019 (Oct 1, 2018 – Sep 29, 2019): Earnings per share 2.92 USD
2020Fiscal year 2020 (Sep 30, 2019 – Sep 27, 2020): Earnings per share 0.79 USD
2021Fiscal year 2021 (Sep 28, 2020 – Oct 3, 2021): Earnings per share 3.54 USD
2022Fiscal year 2022 (Oct 4, 2021 – Oct 2, 2022): Earnings per share 2.83 USD
2023Fiscal year 2023 (Oct 3, 2022 – Oct 1, 2023): Earnings per share 3.58 USD
2024Fiscal year 2024 (Oct 2, 2023 – Sep 29, 2024): Earnings per share 3.31 USD
2025Fiscal year 2025 (Sep 30, 2024 – Sep 28, 2025): Earnings per share 1.63 USD
Earnings per shareUSD per share
00.250.500.751.00
Q3/23Quarter Q3/23 (Jul 3, 2023 – Oct 1, 2023): Earnings per share not reported separately for Q4
Q4/23Quarter Q4/23 (Oct 2, 2023 – Dec 31, 2023): Earnings per share 0.90 USD
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Earnings per share 0.68 USD
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Earnings per share 0.93 USD
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 29, 2024): Earnings per share not reported separately for Q4
Q4/24Quarter Q4/24 (Sep 30, 2024 – Dec 29, 2024): Earnings per share 0.69 USD
Q1/25Quarter Q1/25 (Dec 30, 2024 – Mar 30, 2025): Earnings per share 0.34 USD
Q2/25Quarter Q2/25 (Mar 31, 2025 – Jun 29, 2025): Earnings per share 0.49 USD
Q3/25Quarter Q3/25 (Jun 30, 2025 – Sep 28, 2025): Earnings per share not reported separately for Q4
Q4/25Quarter Q4/25 (Sep 29, 2025 – Dec 28, 2025): Earnings per share 0.26 USD
Q1/26Quarter Q1/26 (Dec 29, 2025 – Mar 29, 2026): Earnings per share 0.45 USD
Q2/26Quarter Q2/26 (Mar 30, 2026 – Jun 28, 2026): Earnings per share 0.91 USD
Dividend per sharePayout ratio (below)USD per share
01.002.003.00
2016Fiscal year 2016 (Sep 28, 2015 – Oct 2, 2016): Dividend per share 0.85 USD · Payout ratio 44.7%
2017Fiscal year 2017 (Oct 3, 2016 – Oct 1, 2017): Dividend per share 0.00 USD · Payout ratio 0.0%
2018Fiscal year 2018 (Oct 2, 2017 – Sep 30, 2018): Dividend per share 1.32 USD · Payout ratio 40.7%
2019Fiscal year 2019 (Oct 1, 2018 – Sep 29, 2019): Dividend per share 1.49 USD · Payout ratio 51.0%
2020Fiscal year 2020 (Sep 30, 2019 – Sep 27, 2020): Dividend per share 1.23 USD · Payout ratio 155.7%
2021Fiscal year 2021 (Sep 28, 2020 – Oct 3, 2021): Dividend per share 2.29 USD · Payout ratio 64.7%
2022Fiscal year 2022 (Oct 4, 2021 – Oct 2, 2022): Dividend per share 2.00 USD · Payout ratio 70.7%
2023Fiscal year 2023 (Oct 3, 2022 – Oct 1, 2023): Dividend per share 2.16 USD · Payout ratio 60.3%
2024Fiscal year 2024 (Oct 2, 2023 – Sep 29, 2024): Dividend per share 2.32 USD · Payout ratio 70.1%
2025Fiscal year 2025 (Sep 30, 2024 – Sep 28, 2025): Dividend per share 2.45 USD · Payout ratio 150.3%
Ratio
45%0%41%51%156%65%71%60%70%150%
Dividend per sharePayout ratio (below)USD per share
00.200.400.600.80
Q3/23Quarter Q3/23 (Jul 3, 2023 – Oct 1, 2023): Dividend per share 0.57 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q4/23Quarter Q4/23 (Oct 2, 2023 – Dec 31, 2023): Dividend per share 0.57 USD · Payout ratio 63.3%
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Dividend per share 0.57 USD · Payout ratio 83.8%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Dividend per share 0.57 USD · Payout ratio 61.3%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 29, 2024): Dividend per share 0.61 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q4/24Quarter Q4/24 (Sep 30, 2024 – Dec 29, 2024): Dividend per share 0.61 USD · Payout ratio 88.4%
Q1/25Quarter Q1/25 (Dec 30, 2024 – Mar 30, 2025): Dividend per share 0.61 USD · Payout ratio 179.4%
Q2/25Quarter Q2/25 (Mar 31, 2025 – Jun 29, 2025): Dividend per share 0.61 USD · Payout ratio 124.5%
Q3/25Quarter Q3/25 (Jun 30, 2025 – Sep 28, 2025): Dividend per share 0.62 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q4/25Quarter Q4/25 (Sep 29, 2025 – Dec 28, 2025): Dividend per share 0.62 USD · Payout ratio 238.5%
Q1/26Quarter Q1/26 (Dec 29, 2025 – Mar 29, 2026): Dividend per share 0.62 USD · Payout ratio 137.8%
Q2/26Quarter Q2/26 (Mar 30, 2026 – Jun 28, 2026): Dividend per share 0.62 USD · Payout ratio 68.1%
Ratio
63%84%61%88%179%124%238%138%68%
Fiscal year 2025 (Sep 30, 2024 – Sep 28, 2025): Revenue 37.2B USD · Net income 1.9B USD · Net margin 5.0%
Figures over time
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Money flow in fiscal year 2025
Of 100 USD of revenue, 7.9 USD operating income and 5.0 USD net income remained.
Revenue37.2B USD · 100%Operating income2.9B USD · 8%Cost of revenue and operating expenses34.2B USD · 92%Net income1.9B USD · 5%Interest expense542.6M USD · 1%Taxes & other (net)537.6M USD · 1%
Money flow as a table
Fiscal year 2025, amounts in USD, share of revenue
Item
Amount
of revenue
Revenue
37.2B USD
100.0%
Operating income
2.9B USD
7.9%
Cost of revenue and operating expenses
34.2B USD
92.1%
Net income
1.9B USD
5.0%
Interest expense
542.6M USD
1.5%
Taxes & other (net)
537.6M USD
1.4%
Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.
Margins
The operating margin rose in 5 years from 6.6% to 7.9%.
Gross marginOperating marginNet margin
0%20%40%60%80%
2016Fiscal year 2016: Gross margin 60.1% · Operating margin 19.6% · Net margin 13.2%
2017Fiscal year 2017: Gross margin 59.6% · Operating margin 18.5% · Net margin 12.9%
2018Fiscal year 2018: Gross margin 58.8% · Operating margin 15.7% · Net margin 18.3%
2019Fiscal year 2019: Gross margin 67.8% · Operating margin 15.4% · Net margin 13.6%
2020Fiscal year 2020: Gross margin not available · Operating margin 6.6% · Net margin 3.9%
2021Fiscal year 2021: Gross margin not available · Operating margin 16.8% · Net margin 14.5%
2022Fiscal year 2022: Gross margin not available · Operating margin 14.3% · Net margin 10.2%
2023Fiscal year 2023: Gross margin not available · Operating margin 16.3% · Net margin 11.5%
2024Fiscal year 2024: Gross margin not available · Operating margin 15.0% · Net margin 10.4%
2025Fiscal year 2025: Gross margin not available · Operating margin 7.9% · Net margin 5.0%
Returns
Return on equity rose within one year from 47.9% to 52.9%.
Return on equityReturn on assetsReturn on equity hidden where equity is below 5% of total assets.
0%20%40%60%
2016Fiscal year 2016: Return on equity 47.9% · Return on assets 19.7%
2017Fiscal year 2017: Return on equity 52.9% · Return on assets 20.1%
2018Fiscal year 2018: Return on equity not available · Return on assets 18.7%
2019Fiscal year 2019: Return on equity not available · Return on assets 18.7%
2020Fiscal year 2020: Return on equity not available · Return on assets 3.2%
2021Fiscal year 2021: Return on equity not available · Return on assets 13.4%
2022Fiscal year 2022: Return on equity not available · Return on assets 11.7%
2023Fiscal year 2023: Return on equity not available · Return on assets 14.0%
2024Fiscal year 2024: Return on equity not available · Return on assets 12.0%
2025Fiscal year 2025: Return on equity not available · Return on assets 5.8%
Equity and long-term debt
The equity ratio rose in 5 years from −26.6% to −25.3%.
EquityLong-term debtin USDLong-term debt, depending on the filing, includes the current portion or leases.
2016Fiscal year 2016: Operating cash flow 4.6B USD · Capital expenditure 1.4B USD · Free cash flow 3.1B USD
2017Fiscal year 2017: Operating cash flow 4.2B USD · Capital expenditure 1.5B USD · Free cash flow 2.7B USD
2018Fiscal year 2018: Operating cash flow 11.9B USD · Capital expenditure 2.0B USD · Free cash flow 10.0B USD
2019Fiscal year 2019: Operating cash flow 5.0B USD · Capital expenditure 1.8B USD · Free cash flow 3.2B USD
2020Fiscal year 2020: Operating cash flow not available · Capital expenditure 1.5B USD · Free cash flow not available
2021Fiscal year 2021: Operating cash flow 6.0B USD · Capital expenditure 1.5B USD · Free cash flow 4.5B USD
2022Fiscal year 2022: Operating cash flow 4.4B USD · Capital expenditure 1.8B USD · Free cash flow 2.6B USD
2023Fiscal year 2023: Operating cash flow 6.0B USD · Capital expenditure 2.3B USD · Free cash flow 3.7B USD
2024Fiscal year 2024: Operating cash flow 6.1B USD · Capital expenditure 2.8B USD · Free cash flow 3.3B USD
2025Fiscal year 2025: Operating cash flow 4.7B USD · Capital expenditure 2.3B USD · Free cash flow 2.4B USD
Share count
The share count fell in 5 years by 3.6% (mostly through share repurchases).
Diluted share count
0500M1B1.5B
2016Fiscal year 2016: Diluted share count 1.5B
2017Fiscal year 2017: Diluted share count 1.5B
2018Fiscal year 2018: Diluted share count 1.4B
2019Fiscal year 2019: Diluted share count 1.2B
2020Fiscal year 2020: Diluted share count 1.2B
2021Fiscal year 2021: Diluted share count 1.2B
2022Fiscal year 2022: Diluted share count 1.2B
2023Fiscal year 2023: Diluted share count 1.2B
2024Fiscal year 2024: Diluted share count 1.1B
2025Fiscal year 2025: Diluted share count 1.1B
From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
Dividends and share repurchases
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
Dividend per share
2.45USD · Fiscal year 2025
Dividend growth per year
3 y+7.0%5 y+14.8%10 y–
Years without a cut
5in a row up to now
Payout ratio
of earnings150%of free cash flow113%
To shareholders (5 years)
18.4B USD34% through repurchases
Share count over 5 years
−3.6%fewer shares – each share is a larger stake
Dividend per share
The dividend per share rose in 5 years from 1.23 USD to 2.45 USD.
Dividend per shareUSD per sharePer share as filed with the SEC, including special dividends; obvious filing errors are hidden.
01.002.003.00
2016Fiscal year 2016: Dividend per share 0.85 USD
2017Fiscal year 2017: Dividend per share 0.00 USD
2018Fiscal year 2018: Dividend per share 1.32 USD
2019Fiscal year 2019: Dividend per share 1.49 USD
2020Fiscal year 2020: Dividend per share 1.23 USD
2021Fiscal year 2021: Dividend per share 2.29 USD
2022Fiscal year 2022: Dividend per share 2.00 USD
2023Fiscal year 2023: Dividend per share 2.16 USD
2024Fiscal year 2024: Dividend per share 2.32 USD
2025Fiscal year 2025: Dividend per share 2.45 USD
Payout ratios
The payout ratio fell in 5 years from 155.7% to 150.3%.
Payout ratio (earnings)Payout ratio (free cash flow)
0%50%100%150%200%
2016Fiscal year 2016: Payout ratio (earnings) 44.7% · Payout ratio (free cash flow) 37.6%
2017Fiscal year 2017: Payout ratio (earnings) 0.0% · Payout ratio (free cash flow) not available
2018Fiscal year 2018: Payout ratio (earnings) 40.7% · Payout ratio (free cash flow) 17.5%
2019Fiscal year 2019: Payout ratio (earnings) 51.0% · Payout ratio (free cash flow) 54.4%
2020Fiscal year 2020: Payout ratio (earnings) 155.7% · Payout ratio (free cash flow) not available
2021Fiscal year 2021: Payout ratio (earnings) 64.7% · Payout ratio (free cash flow) 46.9%
2022Fiscal year 2022: Payout ratio (earnings) 70.7% · Payout ratio (free cash flow) 88.5%
2023Fiscal year 2023: Payout ratio (earnings) 60.3% · Payout ratio (free cash flow) 66.2%
2024Fiscal year 2024: Payout ratio (earnings) 70.1% · Payout ratio (free cash flow) 77.9%
2025Fiscal year 2025: Payout ratio (earnings) 150.3% · Payout ratio (free cash flow) 113.5%
What goes back to shareholders
Over 5 years, 18.4B USD went back to shareholders, 34% of it through share repurchases. That is 112% of the free cash flow of those years. This was offset by new shares issued for 700.2M USD (including employee plans).
Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Valuation over time
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.Log in
Sector comparison
Starbucks next to 8 stocks of the sector Consumer Discretionary we cover that are closest in revenue. Click a column header to sort the table.
Sector comparison SBUX, sector Consumer Discretionary; last row: sector median
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 50 symbols in the Consumer Discretionary sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light yellow: below sector
+9.6%per year, last 5 years
Sector Consumer Discretionary: median +11.0% (49 symbols)
What does this mean? Revenue: over 5 years it grew by 9.6% per year on average, but more slowly than the median company in the sector (+11.0%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+14.9%per year, last 5 years
Sector Consumer Discretionary: median +10.4% (32 symbols)
per share: +15.6% per year (5 years, split-adjusted)
What does this mean? Total net income: over 5 years it grew by 14.9% per year on average – at least as fast as the median company in the sector (+10.4%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Sector Consumer Discretionary: median 9.4% (49 symbols)
What does this mean? Of every 100 USD in revenue, 4.99 USD remained as profit – less than the median company in the sector (9.4%). Five years ago the margin was 3.9%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth
Light gray: negative equity
–latest balance sheet
Sector Consumer Discretionary: median 0.82 (31 symbols)
What does this mean? Equity is negative (e.g. due to share buybacks). A debt-to-equity ratio cannot be formed meaningfully then.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth
Light red: above earnings
150%Dividend / earnings per share
Sector Consumer Discretionary: median 32% (26 symbols)
What does this mean? The payout was higher than the earnings per share; it is paid from cash flow, from reserves or with new debt. Median company in the sector: 32%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin
Light green: profit every year
10 of 10fiscal years with a profit
What does this mean? In 10 of the last 10 fiscal years the bottom line showed a profit. There were no losses in this period.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
Last fiscal year and 13F
Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
37.2B USD
Revenue vs. prior year
+2.8%
Net income (FY)
1.9B USD
Net income vs. prior year
−50.6%
EPS (FY)
1.63 USD
13F funds with a position
0 of 9
Funds vs. prior quarter
±0
Shares held vs. prior quarter
–
Fiscal year to Sep 28, 2025 · 10-K filed Nov 14, 2025 · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term).13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
Year
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
2025
Sep 28, 2025
37.2B
1.9B
5.0%
1.63
2.45
150%
2024
Sep 29, 2024
36.2B
3.8B
10.4%
3.31
2.32
70%
2023
Oct 1, 2023
36.0B
4.1B
11.5%
3.58
2.16
60%
2022
Oct 2, 2022
32.3B
3.3B
10.2%
2.83
2.00
71%
2021
Oct 3, 2021
29.1B
4.2B
14.5%
3.54
2.29
65%
2020
Sep 27, 2020
23.5B
928.3M
3.9%
0.79
1.23
156%
2019
Sep 29, 2019
26.5B
3.6B
13.6%
2.92
1.49
51%
2018
Sep 30, 2018
24.7B
4.5B
18.3%
3.24
1.32
41%
2017
Oct 1, 2017
22.4B
2.9B
12.9%
1.97
0.00
0%
2016
Oct 2, 2016
21.3B
2.8B
13.2%
1.90
0.85
45%
Quarters (amounts in USD, per share in USD)
Quarter
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
Q2/26
Jun 28, 2026
9.3B
1.0B
11.2%
0.91
0.62
68%
Q1/26
Mar 29, 2026
9.5B
510.9M
5.4%
0.45
0.62
138%
Q4/25
Dec 28, 2025
9.9B
293.3M
3.0%
0.26
0.62
238%
Q3/25*
Sep 28, 2025
9.6B
133.2M
1.4%
–
0.62
–
Q2/25
Jun 29, 2025
9.5B
558.3M
5.9%
0.49
0.61
124%
Q1/25
Mar 30, 2025
8.8B
384.2M
4.4%
0.34
0.61
179%
Q4/24
Dec 29, 2024
9.4B
780.8M
8.3%
0.69
0.61
88%
Q3/24*
Sep 29, 2024
9.1B
909.2M
10.0%
–
0.61
–
Q2/24
Jun 30, 2024
9.1B
1.1B
11.6%
0.93
0.57
61%
Q1/24
Mar 31, 2024
8.6B
772.4M
9.0%
0.68
0.57
84%
Q4/23
Dec 31, 2023
9.4B
1.0B
10.9%
0.90
0.57
63%
Q3/23*
Oct 1, 2023
9.4B
1.2B
13.0%
–
0.57
–
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary
Jun 11, 2026Brewer BradyChief executive (CEO)Open-market sale · 10b5-1 plan588 shares · $58.8K · SEC
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score +40
Price vs. EMA 50+15
Price vs. EMA 200+15
EMA 50 vs. EMA 200+20
ADX (trend strength)+15
Highs and lows-10
Relative strength-15
Volatility and trend strength
ADX 14 (trend strength)29.7
Rel. strength 60 d−1.3%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.