{ "ok": true, "cik": "829224", "ticker": "SBUX", "name": "Starbucks Corporation", "filings": [ { "form": "8-K", "filed": "2026-09-24", "items": [ "2.05 Costs Associated with Exit or Disposal Activities", "7.01 Regulation FD Disclosure" ], "url": "https://www.sec.gov/Archives/edgar/data/829224/000082922426000145/0000829224-26-000145-index.htm" }, { "form": "10-Q", "filed": "2026-07-29", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/829224/000082922426000130/0000829224-26-000130-index.htm" }, { "form": "8-K", "filed": "2026-07-29", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/829224/000082922426000129/0000829224-26-000129-index.htm" }, { "form": "8-K", "filed": "2026-06-12", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/829224/000082922426000106/0000829224-26-000106-index.htm" }, { "form": "8-K", "filed": "2026-05-20", "items": [ "8.01 Other Events" ], "url": "https://www.sec.gov/Archives/edgar/data/829224/000082922426000094/0000829224-26-000094-index.htm" }, { "form": "8-K", "filed": "2026-05-15", "items": [ "2.05 Costs Associated with Exit or Disposal Activities" ], "url": "https://www.sec.gov/Archives/edgar/data/829224/000082922426000088/0000829224-26-000088-index.htm" } ], "events12m": 12, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000829224.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=829224" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up Starbucks Corporation ($SBUX). Last filing: 8-K (2.05 Costs Associated with Exit or Disposal Activities), 2026-09-24. 12 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-09-28", "revenue": 37184400000, "revenueGrowth1y": 0.027869151541621395, "revenueGrowthPerYear": 0.06379013814626577, "yearsOfData": 5, "operatingMargin": 0.0789739783350007, "operatingMarginPrior": 0.14951266302154456, "netMargin": 0.049932229644689706, "operatingCashFlow": 4747500000, "capitalSpending": 2305500000, "freeCashFlow": 2442000000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 3219800000, "longTermDebt": 16074800000, "longTermDebtChange": 0.032527427352842864, "revenueHistory": [ { "fiscalYearEnd": "2021-10-03", "revenue": 29060600000 }, { "fiscalYearEnd": "2022-10-02", "revenue": 32250300000 }, { "fiscalYearEnd": "2023-10-01", "revenue": 35975600000 }, { "fiscalYearEnd": "2024-09-29", "revenue": 36176200000 }, { "fiscalYearEnd": "2025-09-28", "revenue": 37184400000 } ], "totalEquity": -8096600000, "totalAssets": 32019700000, "equityRatio": -0.25286308116565737, "returnOnEquity": null, "dividendsPaid": 2771400000, "payoutRatio": 1.492648246889643, "dividendPerShare": 2.45, "dividendYearsRising": 3, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 1.63, "sharesOutstanding": 1139800000, "bookValuePerShare": -7.1035269345499215, "revenuePerShare": 32.62361817862783, "range80": { "low": 34403084397.83477, "high": 40517033444.01859, "baseline": 38606091739.26538, "n": 1471, "band": "b10", "bandLabel": "$10B+", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.05288553680249582, "classVolatility": 0.06659579566308972, "volatility": 0.06013268663085052 }, "ifPaceHeld": { "low": 34403084397.83477, "high": 40517033444.01859 } }, "edgarette": "🔖 Exposure: revenue $37.2B (FY2025), total debt $16.1B. Experience: revenue up 2.8% on the year, up 6.4% a year over 4 years; operating margin 7.9%, down from 15.0%. Soundness: equity -25.3% of assets (liabilities exceed assets), payout 149.3% of profit, dividend per share up 3 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $34.4B and $40.5B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $32.0B to $43.3B. A range, not a forecast. Against peers (8 filers, $50M+ revenue, retail-eating & drinking places): operating margin 7.9% against a 6.1% median.", "peers": { "sic": 5810, "sicDescription": "Retail-Eating & Drinking Places", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "5810", "opMargin": [ 0.0611, 8 ], "equityRatio": [ 0.181, 8 ] }, "summary": "Starbucks (SBUX) grew revenue 2.8% in FY2025 to $37.2 billion, operating margin 7.9% against a 6.1% median for retail-eating & drinking places, equity -25.3% of assets, and dividend per share up 3 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Starbucks Corporation against its own record and its peers
Operating marginPeer median 6.1%7.9%Revenue, on the year2.8%Equity of assetsPeer median 18.1%-25.3%Payout of profit149.3%Gold tick: the median of 8–8 peers with $50M+ revenue in retail-eating & drinking places
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit120.0% paid outMore was paid out than was earned in the year.Handed back per share$2.45up 3 years runningRevenue growth it managed2.8%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 15, "hits": 11, "rate": 0.7333333333333333, "method": "v4", "byYear": { "2011": [ 1, 1 ], "2012": [ 0, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 0, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-25T13:58:55.940Z", "hash": "75d2173f0970f027", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Starbucks (SBUX) grew revenue 2.8% in FY2025 to $37.2 billion, operating margin 7.9% against a 6.1% median for retail-eating & drinking places, equity -25.3% of assets, and dividend per share up 3 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-09-28", "revenue": 37184400000, "totalDebt": 16074800000, "cash": 3219800000 }, "experience": { "revenueGrowth1y": 0.027869151541621395, "revenueGrowthPerYear": 0.06379013814626577, "operatingMargin": 0.0789739783350007, "operatingMarginPrior": 0.14951266302154456, "netMargin": 0.049932229644689706, "freeCashFlow": 2442000000 }, "soundness": { "equityRatio": -0.25286308116565737, "returnOnEquity": null, "payoutRatio": 1.492648246889643, "dividendPerShare": 2.45, "dividendYearsRising": 3, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 5810, "sicDescription": "Retail-Eating & Drinking Places", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "5810", "opMargin": [ 0.0611, 8 ], "equityRatio": [ 0.181, 8 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 34403084397.83477, "high": 40517033444.01859, "baseline": 38606091739.26538, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 1471, "sizeBand": "$10B+", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.05288553680249582, "classVolatility": 0.06659579566308972, "pricedVolatility": 0.06013268663085052, "k": 3 }, "stress": { "low": 32017716248.222847, "high": 43261784344.83004, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 15, "hits": 11, "rate": 0.7333333333333333, "method": "v4", "byYear": { "2011": [ 1, 1 ], "2012": [ 0, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 0, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-25T13:58:55.940Z", "hash": "75d2173f0970f027", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000829224.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=829224" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }