Starbucks CorpSBUX

NasdaqConsumer SpendingRetail-Eating & Drinking Places
Price (close)
$93.65
Market cap
$107.1B
P/E
54.0x
Revenue (TTM)
$38.3B
Net income
$2.0B
Dividend yield
2.65%
1-year total return
14.6%
Net margin
5.2%
Revenue growth
4.5%
Debt / equity
—

What Starbucks Corp does.

In this Annual Report on Form 10-K (“10-K” or “Report”) for the fiscal year ended September 28, 2025 (“fiscal 2025”), Starbucks Corporation (together with its subsidiaries) is referred to as “Starbucks,” the “Company,” “we,” “us,” or “our.”

Starbucks is the premier roaster, marketer, and retailer of specialty coffee in the world, operating in 89 markets. Formed in 1985, Starbucks Corporation’s common stock trades on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “SBUX.” We purchase and roast high-quality coffees that we sell, along with handcrafted coffee, tea, and other beverages and a variety of high-quality food items through company-operated stores (“stores” or “coffeehouses”). We also sell a variety of coffee and tea products and license our trademarks through other channels, such as licensed stores as well as grocery and foodservice through our Global Coffee Alliance with Nestlé S.A. (“Nestlé”). In addition to our flagship Starbucks Coffee ® brand, we sell goods and services under the following brands: Teavana ® , Ethos ® , and Starbucks Reserve ® .

Our primary objective is to maintain Starbucks standing as one of the most recognized and respected brands in the world. We believe the continuous investments in our brand and operations will deliver long-term targeted revenue and income growth. This includes expansion of our global store base, adding stores in both existing, developed markets such as the U.S. and in higher growth markets, as well as optimizing the mix of company-operated and licensed stores around the world. In addition, by leveraging experiences gained through our stores and elsewhere, we continue to drive beverage, equipment, process, and technology innovation, including in our industry-leading digital platform. We strive to regularly offer consumers new, innovative coffee and other products in a variety of forms, across new categories and diverse channels.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$23.5B$29.1B$32.3B$36.0B$36.2B$37.2B
Net income$928.3M$4.2B$3.3B$4.1B$3.8B$1.9B
Free cash flow$114.2M$4.5B$2.6B$3.7B$3.3B$2.4B

More on SBUX.

Figures from Starbucks Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.