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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

Starbucks Corporation (SBUX) Quarterly Financial Ratios

Last 47 quarters of trend data · Consumer Cyclical · Restaurants

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Starbucks Corporation's quarterly P/E stands at 81.8x, up 144.8% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 15.9% YoY to 23.7x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →63.9681.81173.7346.9971.8633.4230.4720.9333.6026.6721.5325.0232.95
—+144.8%+470.2%+124.6%+113.9%+25.3%+41.5%-16.3%+2.0%-20.4%-22.3%-0.3%-16.4%
P/S Ratio3.202.452.492.783.182.793.052.433.032.902.803.113.44
—-12.3%-18.6%+14.4%+4.9%-3.8%+9.2%-22.0%-12.0%-11.5%-3.0%+11.1%-0.4%
P/B Ratio—————————————
—————————————
P/FCF48.6619.0625.6960.43—19.0437.5923.37—15.3121.0626.61106.26
—+0.1%-31.7%+158.6%—+24.3%+78.5%-12.2%—-42.4%-52.0%-1.8%—
EV / EBITDA27.0123.7121.4923.2532.5120.4719.5214.3621.0617.5115.1217.3220.87
—+15.9%+10.1%+62.0%+54.4%+16.9%+29.1%-17.1%+0.9%-17.2%-20.3%+4.4%-11.6%
EV / EBIT39.7234.2230.2533.4753.5227.6725.0017.8827.8421.5518.1421.0226.28
—+23.7%+21.0%+87.2%+92.2%+28.4%+37.9%-15.0%+6.0%-19.2%-24.7%-1.2%-17.4%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Starbucks Corporation's operating margin was 9.2% in Q1 2026, down 0.7 pp QoQ and down 2.8 pp YoY. Gross margin contracted 36.2% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin24.2%15.6%23.1%22.8%21.1%24.5%26.2%27.9%25.6%27.5%29.0%28.4%26.2%
—-36.2%-11.9%-18.3%-17.5%-11.0%-9.5%-1.8%-2.3%+7.1%+13.1%+3.7%+7.7%
Operating Margin9.6%9.2%9.9%9.9%6.9%11.9%14.4%16.7%12.8%15.8%18.2%17.3%15.2%
—-23.1%-31.2%-40.6%-46.5%-24.3%-20.9%-3.6%-15.7%+9.6%+28.1%+8.7%+22.5%
Net Margin5.0%3.0%1.4%5.9%4.4%8.3%10.0%11.6%9.0%10.9%13.0%12.5%10.4%
—-64.4%-86.1%-49.0%-51.4%-23.6%-23.0%-7.1%-13.4%+10.7%+24.6%+11.2%+17.9%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE—————————————
—————————————
ROA5.9%0.9%0.4%1.7%1.2%2.5%3.0%3.5%2.6%3.5%4.2%4.0%3.2%
—-63.0%-86.3%-51.8%-54.2%-29.3%-29.4%-10.9%-17.4%+14.9%+33.9%+24.7%+37.0%
ROIC17.7%3.7%4.5%4.4%3.0%5.6%6.7%8.1%6.1%8.6%9.9%9.3%8.0%
—-34.7%-32.3%-45.4%-51.8%-34.4%-32.6%-12.8%-23.1%+10.9%+35.0%+16.0%+32.4%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Starbucks Corporation's Debt/EBITDA ratio is 25.0x, up from 19.3x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 39.7% YoY to 1.05x, strengthening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity—————————————
—————————————
Debt / EBITDA5.0524.9819.3020.1525.1016.6515.1013.1416.8113.0811.8112.5114.47
—+50.0%+27.8%+53.4%+49.3%+27.3%+27.9%+5.0%+16.2%-12.4%-22.8%-11.7%-22.2%
Current Ratio0.721.050.720.760.640.750.750.890.860.700.780.780.77
—+39.7%-4.2%-15.1%-25.0%+7.1%-3.4%+14.4%+11.2%-6.8%+1.9%-7.5%-6.7%
Quick Ratio0.510.860.510.550.450.570.560.650.630.520.590.560.55
—+51.1%-9.0%-14.6%-28.6%+9.0%-5.0%+15.1%+13.4%-0.0%+11.2%-4.2%-10.4%
Interest Coverage6.815.646.726.754.949.049.5310.948.0610.8412.1311.399.87
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

Full SBUX Stock Analysis

Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.

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See SBUX's True Return

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Is SBUX Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare with Peers

Compare business quality, growth, and profitability against top sector peers.

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SBUX — Frequently Asked Questions

Quick answers to the most common questions about buying SBUX stock.

What is Starbucks Corporation's quarterly P/E ratio trend?

Starbucks Corporation's current P/E is 64.0x. The average P/E over the last 4 quarters is 93.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Starbucks Corporation's margins change by quarter?

Starbucks Corporation's current operating margin is 9.6%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at SBUX quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Starbucks Corporation's business trajectory between earnings reports.

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