Starbucks Corporation (SBUX) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Restaurants
EV/EBITDA
↓
27.48
↑+36% vs avg
5yr avg: 20.24
30Y Low9.7·High40.0
P/FCF
↑
49.68
↑+48% vs avg
5yr avg: 33.61
30Y Low8.0·High80.4
P/B Ratio
N/A
—
5yr avg: N/A
30Y Low4.2·High67.4
ROE
N/A
—
5yr avg: N/A
30Y Low0%·High136%
Debt/EBITDA
↑
5.05
↑+29% vs avg
5yr avg: 3.93
30Y Low0.0·High8.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SBUX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Starbucks Corporation trades at 65.3x earnings, 95% above its 5-year average of 33.4x, sitting at the 81st percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 19.6x, the stock trades at a premium of 233%. On a free-cash-flow basis, the stock trades at 49.7x P/FCF, 48% above the 5-year average of 33.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $121.3B | $95.0B | $110.9B | $105.1B | $97.6B | $130.8B | $101.5B | $109.0B | $79.3B | $78.5B | $80.5B |
| Enterprise Value | $144.7B | $118.4B | $133.4B | $126.1B | $118.6B | $147.9B | $122.4B | $117.5B | $80.0B | $80.0B | $82.0B |
| P/E Ratio → | 65.30 | 51.16 | 29.45 | 25.49 | 29.77 | 31.16 | 108.76 | 30.28 | 17.54 | 27.26 | 28.49 |
| P/S Ratio | 3.26 | 2.56 | 3.06 | 2.92 | 3.03 | 4.50 | 4.32 | 4.11 | 3.21 | 3.51 | 3.78 |
| P/B Ratio | — | — | — | — | — | — | — | — | 67.42 | 14.38 | 13.66 |
| P/FCF | 49.68 | 38.92 | 33.42 | 28.59 | 38.19 | 28.94 | 889.14 | 33.65 | 7.96 | 29.57 | 25.68 |
| P/OCF | 25.55 | 20.02 | 18.19 | 17.49 | 22.20 | 21.84 | 63.55 | 21.60 | 6.64 | 18.80 | 17.59 |
P/E links to full P/E history page with 30-year chart
SBUX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Starbucks Corporation's enterprise value stands at 27.5x EBITDA, 36% above its 5-year average of 20.2x. The Consumer Cyclical sector median is 11.4x, placing the stock at a 142% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.19 | 3.69 | 3.51 | 3.68 | 5.09 | 5.21 | 4.43 | 3.23 | 3.57 | 3.85 |
| EV / EBITDA | 27.48 | 22.49 | 19.05 | 17.23 | 19.29 | 23.13 | 39.95 | 21.26 | 15.41 | 15.37 | 15.76 |
| EV / EBIT | 40.41 | 32.06 | 24.11 | 21.19 | 25.16 | 25.39 | 76.46 | 24.50 | 13.44 | 18.13 | 19.15 |
| EV / FCF | — | 48.50 | 40.20 | 34.32 | 46.40 | 32.73 | 1072.23 | 36.27 | 8.03 | 30.12 | 26.15 |
SBUX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Starbucks Corporation earns an operating margin of 9.6%, above the Consumer Cyclical sector average of 2.9%. Operating margins have compressed from 16.3% to 9.6% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROIC of 17.7% represents solid returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.2% | 24.2% | 26.8% | 27.4% | 26.0% | 28.9% | 21.5% | 28.2% | 29.6% | 30.5% | 31.6% |
| Operating Margin | 9.6% | 9.6% | 15.0% | 16.3% | 14.3% | 16.8% | 6.6% | 15.4% | 15.7% | 18.5% | 19.6% |
| Net Profit Margin | 5.0% | 5.0% | 10.4% | 11.5% | 10.2% | 14.5% | 3.9% | 13.6% | 18.3% | 12.9% | 13.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | 136.2% | 50.8% | 48.1% |
| ROA | 5.9% | 5.9% | 12.4% | 14.4% | 11.1% | 13.8% | 3.8% | 16.6% | 23.5% | 20.1% | 21.0% |
| ROIC | 17.7% | 17.7% | 28.8% | 34.7% | 28.7% | 29.3% | 15.3% | 148.9% | 66.3% | 43.4% | 44.7% |
| ROCE | 16.2% | 16.2% | 25.5% | 30.2% | 22.0% | 21.5% | 8.9% | 25.9% | 27.1% | 41.5% | 44.9% |
SBUX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Starbucks Corporation carries a Debt/EBITDA ratio of 5.1x, which is highly leveraged (18% above the sector average of 4.3x). Net debt stands at $23.4B ($26.6B total debt minus $3.2B cash). Interest coverage of 6.8x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | 8.03 | 0.72 | 0.61 |
| Debt / EBITDA | 5.05 | 5.05 | 3.69 | 3.36 | 3.87 | 3.69 | 8.24 | 2.02 | 1.82 | 0.76 | 0.69 |
| Net Debt / Equity | — | — | — | — | — | — | — | — | 0.58 | 0.27 | 0.25 |
| Net Debt / EBITDA | 4.44 | 4.44 | 3.22 | 2.88 | 3.41 | 2.68 | 6.82 | 1.53 | 0.13 | 0.28 | 0.28 |
| Debt / FCF | — | 9.58 | 6.79 | 5.73 | 8.21 | 3.79 | 183.08 | 2.62 | 0.07 | 0.55 | 0.47 |
| Interest Coverage | 6.81 | 6.81 | 9.84 | 10.82 | 9.76 | 12.40 | 3.66 | 14.49 | 34.94 | 47.68 | 52.64 |
SBUX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.72x is below 1.0, meaning current liabilities exceed current assets — though the company's $3.2B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 0.78x to 0.72x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.72 | 0.72 | 0.75 | 0.78 | 0.77 | 1.20 | 1.06 | 0.92 | 2.20 | 1.25 | 1.05 |
| Quick Ratio | 0.51 | 0.51 | 0.56 | 0.59 | 0.53 | 1.00 | 0.85 | 0.67 | 1.95 | 0.93 | 0.74 |
| Cash Ratio | 0.34 | 0.34 | 0.39 | 0.42 | 0.35 | 0.81 | 0.63 | 0.45 | 1.57 | 0.64 | 0.50 |
| Asset Turnover | — | 1.16 | 1.15 | 1.22 | 1.15 | 0.93 | 0.80 | 1.38 | 1.02 | 1.56 | 1.49 |
| Inventory Turnover | 12.90 | 12.90 | 14.89 | 14.46 | 10.97 | 12.89 | 11.90 | 12.44 | 12.43 | 11.40 | 10.57 |
| Days Sales Outstanding | — | 12.54 | 12.25 | 12.01 | 13.30 | 14.23 | 21.66 | 12.11 | 10.23 | 14.19 | 13.16 |
SBUX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Starbucks Corporation returns 2.3% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 149.3%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 1.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.3% | 2.9% | 2.3% | 2.3% | 2.3% | 1.6% | 1.9% | 1.6% | 2.2% | 1.8% | 1.5% |
| Payout Ratio | 149.3% | 149.3% | 68.7% | 59.0% | 69.0% | 50.5% | 207.2% | 48.9% | 38.6% | 50.3% | 41.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.5% | 2.0% | 3.4% | 3.9% | 3.4% | 3.2% | 0.9% | 3.3% | 5.7% | 3.7% | 3.5% |
| FCF Yield | 2.0% | 2.6% | 3.0% | 3.5% | 2.6% | 3.5% | 0.1% | 3.0% | 12.6% | 3.4% | 3.9% |
| Buyback Yield | 0.0% | 0.0% | 1.1% | 0.9% | 4.1% | 0.0% | 1.7% | 9.4% | 9.0% | 2.6% | 2.5% |
| Total Shareholder Yield | 2.3% | 2.9% | 3.5% | 3.3% | 6.4% | 1.6% | 3.6% | 11.0% | 11.2% | 4.4% | 3.9% |
| Shares Outstanding | — | $1.1B | $1.1B | $1.2B | $1.2B | $1.2B | $1.2B | $1.2B | $1.4B | $1.5B | $1.5B |
Peer Comparison
Compare SBUX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SBUXYou | $121B | 65.3 | 27.5 | 49.7 | 24.2% | 9.6% | — | 17.7% | 5.1 |
 MCD | $202B | 24.9 | 18.3 | 30.3 | 56.8% | 45.2% | — | 19.3% | 3.8 |
 QSR | $25B | 24.3 | 14.9 | 19.4 | 36.0% | 28.8% | 21.3% | 9.7% | 5.9 |
 YUM | $43B | 28.1 | 19.9 | 26.3 | 46.2% | 30.8% | — | 48.1% | 4.4 |
 DPZ | $11B | 18.5 | 15.0 | 16.3 | 40.0% | 19.3% | — | 73.5% | 5.0 |
 WEN | $1B | 7.0 | 9.3 | 4.9 | 35.2% | 16.5% | 68.3% | 7.1% | 7.7 |
 SHAK | $4B | 88.6 | 23.0 | 68.8 | 18.0% | 5.9% | 8.7% | 6.0% | 4.7 |
 JACK | $261M | -3.2 | 82.8 | 3.5 | 28.7% | -1.2% | — | -0.6% | 77.6 |
 BROS | $7B | 93.7 | 26.8 | 136.5 | 25.9% | 9.8% | 9.6% | 10.6% | 0.9 |
 DNUT | $634M | -1.2 | 20.2 | — | 14.1% | -2.2% | -56.0% | -1.1% | 13.7 |
 CMG | $43B | 28.7 | 21.9 | 29.4 | 25.4% | 16.9% | 47.4% | 15.3% | 4.1 |
| Consumer Cyclical Median | — | 19.6 | 11.4 | 14.9 | 37.9% | 2.9% | 5.8% | 5.8% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonSBUX — Frequently Asked Questions
Quick answers to the most common questions about buying SBUX stock.
What is Starbucks Corporation's P/E ratio?
Starbucks Corporation's current P/E ratio is 65.3x. The historical average is 47.8x. This places it at the 81th percentile of its historical range.
What is Starbucks Corporation's EV/EBITDA?
Starbucks Corporation's current EV/EBITDA is 27.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 18.1x.
Is SBUX stock overvalued?
Based on historical data, Starbucks Corporation is trading at a P/E of 65.3x. This is at the 81th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Starbucks Corporation's dividend yield?
Starbucks Corporation's current dividend yield is 2.28% with a payout ratio of 149.3%.
What are Starbucks Corporation's profit margins?
Starbucks Corporation has 24.2% gross margin and 9.6% operating margin.
How much debt does Starbucks Corporation have?
Starbucks Corporation's Debt/EBITDA ratio is 5.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.