15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 9.6% per year over the past 5 years.
Net income has grown faster than revenue (14.9% vs 9.6% per year).
Operating margin has expanded, at 7.9% in the latest year.
Free cash flow has grown 84.5% per year over the past 5 years.
Financial health
Total debt ($16.1B) exceeds cash ($3.2B); net debt is $12.9B.
Total debt has grown slower than revenue (-0.3% vs 9.6% per year).
Operating income covered interest expense 5.4× in the latest year, up from 3.6× 5 years ago.
Total debt is 3.4× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 149.3% of earnings and 113.5% of free cash flow.
The dividend has grown 7.6% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$37.2B
$1.9B
0.0%
7.9%
$2.4B
$16.1B
$3.2B
2024
$36.2B
$3.8B
0.0%
15.0%
$3.3B
$15.6B
$3.3B
2023
$36.0B
$4.1B
0.0%
16.3%
$3.7B
$15.4B
$3.6B
2022
$32.3B
$3.3B
0.0%
14.3%
$2.6B
$15.0B
$2.8B
2021
$29.1B
$4.2B
0.0%
16.8%
$4.5B
$14.6B
$6.5B
2020
$23.5B
$928M
0.0%
6.6%
$114M
$16.3B
$4.4B
2019
$26.5B
$3.6B
67.8%
15.4%
$3.2B
$11.2B
$2.7B
2018
$24.7B
$4.5B
67.9%
15.7%
$10.0B
$9.4B
—
2017
$22.4B
$2.9B
68.4%
18.5%
$2.7B
$3.9B
—
2016
$21.3B
$2.8B
60.1%
19.6%
$3.3B
$3.6B
—
2015
—
$2.8B
—
—
$2.4B
$2.3B
—
2014
—
$2.1B
—
—
-$553M
$2.0B
—
2013
$14.9B
$8M
57.1%
-2.2%
$1.8B
$1.3B
—
2012
$13.3B
$1.4B
56.2%
15.0%
$894M
$550M
—
2011
$11.7B
$1.2B
58.0%
14.8%
$1.1B
$550M
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$9.5B
$511M
0.0%
8.7%
$92M
$15.1B
$1.5B
Dec '25
$9.9B
$293M
0.0%
9.0%
$1.3B
$16.1B
$3.4B
Sep '25
$9.6B
$133M
0.0%
2.9%
$926M
$16.1B
$3.2B
Jun '25
$9.5B
$558M
0.0%
9.9%
$434M
$17.3B
$4.2B
Mar '25
$8.8B
$384M
0.0%
6.9%
-$297M
$15.6B
$2.7B
Dec '24
$9.4B
$781M
0.0%
11.9%
$1.4B
$15.6B
$3.7B
Sep '24
$9.1B
$909M
0.0%
14.4%
$737M
$15.6B
$3.3B
Jun '24
$9.1B
$1.1B
0.0%
16.7%
$946M
$15.6B
$3.2B
Mar '24
$8.6B
$772M
0.0%
12.8%
-$153M
$15.6B
$2.8B
Dec '23
$9.4B
$1.0B
0.0%
15.8%
$1.8B
$15.0B
$3.0B
Oct '23
$9.4B
$1.2B
0.0%
18.2%
$1.2B
$15.4B
$3.6B
Jul '23
$9.2B
$1.1B
0.0%
17.3%
$5.8B
$15.4B
$3.4B
Apr '23
$8.7B
$908M
0.0%
15.2%
-$4.4B
$15.5B
$3.1B
Jan '23
$8.7B
$855M
0.0%
14.4%
$1.1B
$14.9B
$3.2B
Oct '22
$8.4B
$878M
0.0%
14.2%
$554M
$15.0B
$2.8B
Jul '22
$8.2B
$913M
0.0%
15.9%
$841M
$15.1B
$3.2B
Apr '22
$7.6B
$675M
0.0%
12.4%
-$293M
$16.0B
$3.9B
Jan '22
$8.1B
$816M
0.0%
14.6%
$1.5B
$14.8B
$4.0B
Oct '21
$8.1B
$1.8B
0.0%
18.2%
$1.0B
$14.6B
$6.5B
Jun '21
$7.5B
$1.2B
0.0%
19.9%
$1.4B
$14.6B
—
Valuation over time
How the market has priced SBUX against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 36.2× (Mar '23) to 63.3× (Jun '26).
The price-to-sales ratio has fallen from 3.7× (Mar '23) to 3.2× (Jun '26).
The dividend yield has risen from 1.9% (Mar '23) to 2.4% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is SBUX growing its revenue and profit?
Over the past 5 years, Starbucks's revenue has grown 9.6% per year, and net income grown 14.9% per year. These are computed facts, not advice.
How much debt does SBUX have?
As of FY2025, Starbucks reported $16.1B of total debt against $3.2B of cash; operating income covered interest expense 5.4×.
What is SBUX's profit margin?
In FY2025, gross margin was —, operating margin 7.9%, and net margin 5.0%.
What is SBUX's P/E ratio?
As of Jun '26, Starbucks traded at a price-to-earnings ratio of about 63.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.