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SBUX - Starbucks Corporation

NASDAQ -> Consumer Cyclical -> Restaurants
Seattle, United States
Type: Equity

SBUX price evolution
SBUX
(in millions $) 31 Dec 2023 2 Aug 2023 30 Jul 2023 1 Feb 2023
Current assets
Cash $3000.4 $3551.5 $3357 $3071.8
Short term investments $383 $401.5 $263 $379.4
Net receivables $1165.1 $1140.2 $1185.8 $1201.3
Inventory $1646.3 $1987 $2000.6 $2088.1
Total current assets $6569.5 $7170.7 $7046.2 $6934.9
Long term investments $640.8 $687.3 $623 $611.7
Property, plant & equipment $16250.3 $15232 $15070.2 $14833.3
Goodwill & intangible assets $3418.6 $3338.8 $3375.3 $3543.1
Total noncurrent assets $22610.2 $22142.1 $21562.3 $21562.8
Total investments $1023.8 $1088.8 $886 $991.1
Total assets $29179.7 $28733 $28609 $28256.1
Current liabilities
Accounts payable $1460.7 $1503.5 $1434 $1348.2
Deferred revenue $8328.8 $7802 $7912.1 $7996.1
Short long term debt $2759.7 $3127.4 $3135.6 $3211
Total current liabilities $9395.6 $9214.6 $9121.8 $9246.2
Long term debt $21703.8 $13544.4 $13544.8 $13176.7
Total noncurrent liabilities $28393 $28088 $27860 $27986.6
Total debt $24463.5 $24599.8 $24371.2 $24509.3
Total liabilities $37788.6 $37081.6 $37115.9 $36929.9
Shareholders' equity
Retained earnings -$8097.5 -$7610.5 -$8024.6 -$8203.2
Other shareholder equity -$557.8 -$765.1 -$510.7 -$525
Total shareholder equity -$8616 -$7994.8 -$8348.6 -$8506.9
(in millions $) 31 Dec 2023 2 Nov 2022 31 Dec 2021 31 Dec 2020
Current assets
Cash $3551.5 $2818.4 $6455.7 $4350.9
Short term investments $401.5 $364.5 $162.2 $281.2
Net receivables $1184.1 $1175.5 $940 $883.4
Inventory $1806.4 $2176.6 $1603.9 $1551.4
Total current assets $7303.4 $7018.7 $9756.4 $7806.4
Long term investments $687.3 $590.3 $550.2 $684.8
Property, plant & equipment $15799.7 $14576.1 $14605.5 $14375.5
Goodwill & intangible assets $3338.8 $3439.4 $4027.2 $4149.3
Total noncurrent assets $22142.1 $20959.7 $21636.2 $21568.1
Total investments $1088.8 $954.8 $712.4 $966
Total assets $29445.5 $27978.4 $31392.6 $29374.5
Current liabilities
Accounts payable $1544.3 $1441.4 $1211.6 $997.9
Deferred revenue $7802 $7921.6 $8059.1 $8055
Short long term debt $3127.4 $3169.7 $2250.2 $2937.5
Total current liabilities $9345.3 $9151.8 $8151.4 $7346.8
Long term debt $21472.4 $13119.9 $21354.9 $22321.3
Total noncurrent liabilities $28088 $27525.3 $28555.7 $29827.1
Total debt $24599.8 $23804.8 $23605.1 $25258.8
Total liabilities $37433.3 $36685 $36707.1 $37173.9
Shareholders' equity
Retained earnings -$7255.8 -$8449.8 -$6315.7 -$7815.6
Other shareholder equity -$778.2 -$463.2 $147.2 -$364.6
Total shareholder equity -$7994.8 -$8714.5 -$5327.9 -$7810.8
(in millions $) 31 Dec 2023 2 Aug 2023 30 Jul 2023 31 Mar 2023
Revenue
Total revenue $9425.3 $9168.3 $8719.8
Cost of revenue $2980.6 $2801.7
Gross Profit $6444.7 $2606.5 $5918.1
Operating activities
Research & development
Selling, general & administrative $648 $620.4
Total operating expenses $5015.2 $1085.2 $4642
Operating income $1429.5 $1276.1
Income from continuing operations
EBIT $1519.2 $1345.9
Income tax expense $354.7 $322.4 $301.3
Interest expense $140.1 -$49.9 $136.3
Net income
Net income $1024.4 $1141.7 $908.3
Income (for common shares) $1024.4 $908.3
(in millions $) 31 Dec 2023 2 Nov 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $35975.6 $32250.3 $23518
Cost of revenue $11409.1 $7694.9
Gross Profit $24566.5 $8371.1 $15823.1
Operating activities
Research & development
Selling, general & administrative $2441.3 $1679.6
Total operating expenses $18994.1 $3941.4 $14583.9
Operating income $5572.4 $1239.2
Income from continuing operations
EBIT $5951.8 $1605
Income tax expense $1277.2 $948.5 $239.7
Interest expense $550.1 -$151.8 $437
Net income
Net income $4124.5 $3281.6 $928.3
Income (for common shares) $4124.5 $928.3
(in millions $) 31 Dec 2023 2 Aug 2023 2 May 2023 31 Mar 2023
Net income $1024.4 $908.3
Operating activities
Depreciation $384.4 $366.8
Business acquisitions & disposals
Stock-based compensation $94.8 $74.1
Total cash flows from operations $2383.9 $767.6
Investing activities
Capital expenditures -$595.9 -$375.2
Investments $36.4 -$219.4
Total cash flows from investing -$568.8 -$1406.2 -$907 -$627.7
Financing activities
Dividends paid -$648.1 -$1824.8 -$1217.4 -$609.1
Sale and purchase of stock -$1234.4 -$204
Net borrowings -$434.7 $550.6
Total cash flows from financing -$2409.3 -$2112.9 -$1283.4 -$275.6
Effect of exchange rate $43.1 -$6 $83 $21
Change in cash and equivalents -$551.1 $538.6 $253.4 -$114.7
(in millions $) 31 Dec 2023 2 Nov 2022 31 Dec 2021 31 Dec 2020
Net income $4124.5 $4199.3 $928.3
Operating activities
Depreciation $1450.3 $2772.7 $2700.8
Business acquisitions & disposals $1175
Stock-based compensation $302.7 $319.1 $248.6
Total cash flows from operations $6008.7 $5989.1 $1597.8
Investing activities
Capital expenditures -$2223.6 -$1470 -$1483.6
Investments $8.9 $56.7 -$183.5
Total cash flows from investing -$2270.8 -$2146.3 -$319.5 -$1711.5
Financing activities
Dividends paid -$2431.8 -$2263.3 -$2119 -$1923.5
Sale and purchase of stock -$817 $246.2 -$1400.1
Net borrowings $358.6 -$1681.2 $5166.5
Total cash flows from financing -$2990.6 -$5638 -$3651 $1713.3
Effect of exchange rate -$14.2 -$250.3 $86.2 $64.7
Change in cash and equivalents $733.1 -$3637.3 $2104.8 $1664.3
Fundamentals
Market cap $103.60B
Enterprise value $125.06B
Shares outstanding 1.13B
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q 12.02%
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio -12.86
Book/Share -7.12
Cash/Share 2.65
EPS N/A
ROA N/A
ROE N/A
Debt/Equity -4.68
Net debt/EBITDA N/A
Current ratio 0.70
Quick ratio 0.52