Income Statement Starbucks Corporation

Equities

SBUX

US8552441094

Restaurants & Bars

Market Closed - Nasdaq Other stock markets 02:30:00 14/01/2025 am IST			5-day change	1st Jan Change
93.51 ^USD	+1.37%		+1.00%	+2.48%

13/01	Consumer Cos Climb Amid Mixed Holiday Sales Reports - Consumer Roundup	DJ
13/01	Starbucks New Policy Limits Restaurant Access to Paying Customers	MT

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Published financial data: STARBUCKS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020	2021	2022	2023	2024
Revenues	2.15TCr	2.73TCr	3.02TCr	3.4TCr	3.43TCr
Other Revenues, Total	202.63Cr	177Cr	201.87Cr	200.06Cr	190.52Cr
Total Revenues	2.35TCr	2.91TCr	3.23TCr	3.6TCr	3.62TCr
Cost of Goods Sold, Total	1.84TCr	2.06TCr	2.39TCr	2.61TCr	2.64TCr
Gross Profit	514.11Cr	843.54Cr	838.54Cr	986.94Cr	973.24Cr
Selling General & Admin Expenses, Total	167.96Cr	193.26Cr	203.2Cr	244.13Cr	252.33Cr
Depreciation & Amortization - (IS)	143.13Cr	144.17Cr	144.79Cr	136.26Cr	151.26Cr
Other Operating Expenses	43Cr	36Cr	46Cr	54Cr	57Cr
Other Operating Expenses, Total	354.12Cr	373.38Cr	394.14Cr	434.33Cr	460.15Cr
Operating Income	159.99Cr	470.16Cr	444.4Cr	552.61Cr	513.09Cr
Interest Expense, Total	-44Cr	-47Cr	-48Cr	-55Cr	-56Cr
Interest And Investment Income	4.5Cr	6.91Cr	-	9.38Cr	13Cr
Net Interest Expenses	-39Cr	-40Cr	-48Cr	-46Cr	-44Cr
Income (Loss) On Equity Invest.	32Cr	39Cr	23Cr	30Cr	30Cr
Currency Exchange Gains (Loss)	3L	2.02Cr	9.99Cr	-31L	2L
Other Non Operating Income (Expenses)	-1.05Cr	26L	-25L	-75L	-20L
EBT, Excl. Unusual Items	152.02Cr	470.54Cr	429.26Cr	535.76Cr	499.4Cr
Restructuring Charges	-28Cr	-17Cr	-4.6Cr	-2.18Cr	-
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	49L	18L	-4L	-7L	-12L
Gain (Loss) On Sale Of Assets	-	86Cr	-	9.13Cr	-
Asset Writedown	-11Cr	-4.44Cr	-1.43Cr	-2.32Cr	-2.33Cr
Other Unusual Items	2.76Cr	-	-	-13L	1L
EBT, Incl. Unusual Items	116.44Cr	535.69Cr	423.19Cr	540.19Cr	496.96Cr
Income Tax Expense	24Cr	115.66Cr	95Cr	127.72Cr	120.73Cr
Earnings From Continuing Operations	92Cr	420.03Cr	328.34Cr	412.47Cr	376.23Cr
Net Income to Company	92Cr	420.03Cr	328.34Cr	412.47Cr	376.23Cr
Minority Interest	36L	-10L	-18L	-2L	-14L
Net Income - (IS)	93Cr	419.93Cr	328.16Cr	412.45Cr	376.09Cr
Net Income to Common Incl Extra Items	93Cr	419.93Cr	328.16Cr	412.45Cr	376.09Cr
Net Income to Common Excl. Extra Items	93Cr	419.93Cr	328.16Cr	412.45Cr	376.09Cr
Per Share Items
Net EPS - Basic	0.79	3.57	2.85	3.6	3.32
Basic EPS - Continuing Operations	0.79	3.57	2.85	3.6	3.32
Basic Weighted Average Shares Outstanding	117.28Cr	117.76Cr	115.33Cr	114.68Cr	113.38Cr
Net EPS - Diluted	0.79	3.54	2.83	3.58	3.31
Diluted EPS - Continuing Operations	0.79	3.54	2.83	3.58	3.31
Diluted Weighted Average Shares Outstanding	118.18Cr	118.55Cr	115.85Cr	115.13Cr	113.73Cr
Normalized Basic EPS	0.81	2.5	2.32	2.92	2.75
Normalized Diluted EPS	0.81	2.48	2.31	2.91	2.74
Dividend Per Share	1.68	1.84	2	2.16	2.32
Payout Ratio	207.21	50.46	68.97	58.96	68.73
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	310.31Cr	622.57Cr	597.34Cr	697.64Cr	672.33Cr
EBITA	182.36Cr	492.5Cr	463.67Cr	554.76Cr	515.13Cr
EBIT	159.99Cr	470.16Cr	444.4Cr	552.61Cr	513.09Cr
EBITDAR	554.42Cr	878.72Cr	864.75Cr	984.74Cr	977.39Cr
Total Revenues (As Reported)	2.35TCr	2.91TCr	3.23TCr	3.6TCr	3.62TCr
Effective Tax Rate - (Ratio)	20.59	21.59	22.41	23.64	24.29
Current Domestic Taxes	8.68Cr	87Cr	64Cr	91Cr	89Cr
Current Foreign Taxes	18Cr	41Cr	28Cr	42Cr	33Cr
Total Current Taxes	27Cr	128.16Cr	93Cr	133.65Cr	122.09Cr
Deferred Domestic Taxes	-1.32Cr	40L	10Cr	12Cr	1Cr
Deferred Foreign Taxes	-1.53Cr	-13Cr	-8Cr	-18Cr	-2.36Cr
Total Deferred Taxes	-2.85Cr	-12Cr	2.31Cr	-5.93Cr	-1.36Cr
Normalized Net Income	95Cr	293.99Cr	268.11Cr	334.83Cr	311.98Cr
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	26Cr	31Cr	42Cr	51Cr	60Cr
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	167.96Cr	193.26Cr	203.2Cr	244.13Cr	252.33Cr
Net Rental Expense, Total	244.11Cr	256.15Cr	267.41Cr	287.1Cr	305.06Cr
Imputed Operating Lease Interest Expense	47Cr	40Cr	44Cr	52Cr	54Cr
Imputed Operating Lease Depreciation	197.43Cr	216.5Cr	223.88Cr	234.99Cr	250.7Cr
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	25Cr	32Cr	27Cr	30Cr	31Cr
Total Stock-Based Compensation	25Cr	32Cr	27Cr	30Cr	31Cr

Fiscal Period: September	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	435.09Cr	645.57Cr	281.84Cr	355.15Cr	328.62Cr
Short Term Investments	28Cr	16Cr	36Cr	40Cr	26Cr
Trading Asset Securities, Total	-	-	-	4L	-
Total Cash And Short Term Investments	463.21Cr	661.79Cr	318.29Cr	395.34Cr	354.32Cr
Accounts Receivable, Total	88Cr	94Cr	117.55Cr	118.41Cr	121.38Cr
Other Receivables	51Cr	19Cr	9.71Cr	1.56Cr	-
Total Receivables	139.54Cr	113.31Cr	127.26Cr	119.97Cr	121.38Cr
Inventory	155.14Cr	160.39Cr	217.66Cr	180.64Cr	177.73Cr
Prepaid Expenses	21Cr	25Cr	31Cr	30Cr	29Cr
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	-	-	-	1.24Cr
Other Current Assets, Total	1.56Cr	15Cr	7.51Cr	4.06Cr	87L
Total Current Assets	780.64Cr	975.64Cr	701.87Cr	730.34Cr	684.74Cr
Gross Property Plant And Equipment	2.23TCr	2.31TCr	2.36TCr	2.57TCr	2.87TCr
Accumulated Depreciation	-791.39Cr	-845.93Cr	-904.93Cr	-992.31Cr	-1.08TCr
Net Property Plant And Equipment	1.44TCr	1.46TCr	1.46TCr	1.58TCr	1.8TCr
Long-term Investments	73Cr	57Cr	59Cr	69Cr	74Cr
Goodwill	359.72Cr	367.73Cr	328.35Cr	321.83Cr	331.57Cr
Other Intangibles, Total	55Cr	35Cr	16Cr	12Cr	10Cr
Deferred Tax Assets Long-Term	178.99Cr	187.48Cr	179.97Cr	176.98Cr	176.67Cr
Other Long-Term Assets, Total	52Cr	56Cr	55Cr	55Cr	62Cr
Total Assets	2.94TCr	3.14TCr	2.8TCr	2.94TCr	3.13TCr
Liabilities
Accounts Payable, Total	100Cr	121.16Cr	144.14Cr	154.43Cr	159.55Cr
Accrued Expenses, Total	117.95Cr	132.67Cr	127.32Cr	136.12Cr	132.38Cr
Short-term Borrowings	44Cr	-	18Cr	3.35Cr	-
Current Portion of Long-Term Debt	124.99Cr	100Cr	176.1Cr	181.86Cr	124.89Cr
Current Portion of Leases	125.4Cr	125.13Cr	124.57Cr	127.53Cr	146.31Cr
Current Income Taxes Payable	9.82Cr	35Cr	14Cr	19Cr	12Cr
Unearned Revenue Current, Total	145.65Cr	159.61Cr	164.19Cr	170.02Cr	178.12Cr
Other Current Liabilities	67Cr	141.88Cr	147.44Cr	142.29Cr	153.4Cr
Total Current Liabilities	734.68Cr	815.14Cr	915.18Cr	934.53Cr	907Cr
Long-Term Debt	1.47TCr	1.36TCr	1.32TCr	1.36TCr	1.43TCr
Long-Term Leases	772.44Cr	773.8Cr	751.52Cr	792.48Cr	877.16Cr
Unearned Revenue Non Current	659.85Cr	646.3Cr	627.97Cr	610.18Cr	596.36Cr
Deferred Tax Liability Non Current	16Cr	15Cr	12Cr	1.46Cr	2.11Cr
Other Non Current Liabilities	62Cr	59Cr	46Cr	46Cr	62Cr
Total Liabilities	3.72TCr	3.67TCr	3.67TCr	3.74TCr	3.88TCr
Common Stock, Total	12L	12L	11L	11L	11L
Additional Paid In Capital	37Cr	85Cr	21Cr	3.81Cr	32Cr
Retained Earnings	-781.56Cr	-631.57Cr	-844.98Cr	-725.58Cr	-734.38Cr
Comprehensive Income and Other	-36Cr	15Cr	-46Cr	-78Cr	-43Cr
Total Common Equity	-780.51Cr	-532.12Cr	-870.66Cr	-799.48Cr	-744.89Cr
Minority Interest	57L	67L	79L	70L	73L
Total Equity	-779.94Cr	-531.45Cr	-869.87Cr	-798.78Cr	-744.16Cr
Total Liabilities And Equity	2.94TCr	3.14TCr	2.8TCr	2.94TCr	3.13TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	117.37Cr	117.32Cr	114.78Cr	113.67Cr	113.38Cr
ECS Total Common Shares Outstanding	117.33Cr	118Cr	114.79Cr	114.26Cr	113.35Cr
Book Value / Share	-6.65	-4.51	-7.58	-7	-6.57
Tangible Book Value	-1.2TCr	-934.84Cr	-1.21TCr	-1.13TCr	-1.09TCr
Tangible Book Value Per Share	-10.19	-7.92	-10.58	-9.92	-9.59
Total Debt	2.54TCr	2.36TCr	2.39TCr	2.46TCr	2.58TCr
Net Debt	2.08TCr	1.7TCr	2.07TCr	2.07TCr	2.23TCr
Debt Equivalent Oper. Leases	1.95TCr	2.05TCr	2.14TCr	2.3TCr	2.44TCr
Minority Interest, Total (Incl. Fin. Div)	57L	67L	79L	70L	73L
Equity Method Investments, Total	43Cr	22Cr	28Cr	42Cr	42Cr
Account Code - Inventory Valuation	6	6	6	-	8
Inventories - Raw Materials, Total	37Cr	37Cr	42Cr	41Cr	48Cr
Inventories - Finished Goods, Total	118.21Cr	123.31Cr	175.98Cr	139.26Cr	130.16Cr
Land - (BS)	4.6Cr	4.62Cr	4.61Cr	4.61Cr	5.69Cr
Buildings, Total	59Cr	59Cr	56Cr	67Cr	68Cr
Machinery, Total	488.26Cr	518.33Cr	538.28Cr	585.64Cr	544.48Cr
Full Time Employees	3L	4L	4L	4L	4L
Accumulated Allowance for Doubtful Accounts (Supple)	2.71Cr	2.56Cr	2.72Cr	2.38Cr	2.12Cr

Fiscal Period: September	2020	2021	2022	2023	2024
Net Income	93Cr	419.93Cr	328.16Cr	412.45Cr	376.09Cr
Depreciation & Amortization - CF	127.95Cr	130.07Cr	133.67Cr	142.88Cr	157.2Cr
Amortization of Goodwill and Intangible Assets - (CF)	22Cr	22Cr	19Cr	2.15Cr	2.04Cr
Depreciation & Amortization, Total	150.32Cr	152.41Cr	152.94Cr	145.03Cr	159.24Cr
(Gain) Loss From Sale Of Asset	45Cr	-64Cr	9.14Cr	1.01Cr	12Cr
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-5.3Cr	-1.13Cr	-3.75Cr	-7.9Cr	2.69Cr
Stock-Based Compensation (CF)	25Cr	32Cr	27Cr	30Cr	31Cr
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	119.27Cr	109.74Cr	139.39Cr	133.35Cr	133.44Cr
Change In Accounts Receivable	-27L	-4.3Cr	-33Cr	-41L	1.84Cr
Change In Inventories	-1.09Cr	-4.98Cr	-64Cr	37Cr	4.28Cr
Change In Accounts Payable	-21Cr	19Cr	35Cr	10Cr	2.8Cr
Change in Unearned Revenues	3.1Cr	-61L	-7.58Cr	-11Cr	-7.22Cr
Change In Income Taxes	-121.46Cr	29Cr	-15Cr	5.25Cr	-6.19Cr
Change in Other Net Operating Assets	-126.84Cr	-88Cr	-128.6Cr	-153.75Cr	-100.39Cr
Cash from Operations	159.78Cr	598.91Cr	439.73Cr	600.87Cr	609.56Cr
Capital Expenditure	-148.36Cr	-147Cr	-184.13Cr	-233.36Cr	-277.75Cr
Sale of Property, Plant, and Equipment	-	-	-	11Cr	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	117.5Cr	5.93Cr	-	-
Investment in Marketable and Equity Securities, Total	-18Cr	5.67Cr	-24Cr	89L	15Cr
Other Investing Activities, Total	-4.44Cr	-8.12Cr	-13Cr	-5.61Cr	-7.27Cr
Cash from Investing	-171.15Cr	-32Cr	-214.63Cr	-227.08Cr	-269.92Cr
Short Term Debt Issued, Total	140.66Cr	22Cr	21Cr	11Cr	12Cr
Long-Term Debt Issued, Total	472.76Cr	-	149.81Cr	149.78Cr	199.53Cr
Total Debt Issued	613.42Cr	22Cr	170.97Cr	161.24Cr	211.91Cr
Short Term Debt Repaid, Total	-97Cr	-65Cr	-3.66Cr	-25Cr	-16Cr
Long-Term Debt Repaid, Total	-	-125Cr	-100Cr	-100Cr	-182.51Cr
Total Debt Repaid	-97Cr	-189.63Cr	-103.66Cr	-125.38Cr	-198.26Cr
Issuance of Common Stock	30Cr	25Cr	10Cr	17Cr	11Cr
Repurchase of Common Stock	-179.08Cr	-9.7Cr	-414.02Cr	-107.37Cr	-136.71Cr
Common Dividends Paid	-192.35Cr	-211.9Cr	-226.33Cr	-243.18Cr	-258.5Cr
Common & Preferred Stock Dividends Paid	-192.35Cr	-211.9Cr	-226.33Cr	-243.18Cr	-258.5Cr
Other Financing Activities, Total	-3.77Cr	-	-92L	-1.11Cr	-1.06Cr
Cash from Financing	171.33Cr	-365.1Cr	-563.8Cr	-299.06Cr	-371.82Cr
Foreign Exchange Rate Adjustments	6.47Cr	8.62Cr	-25Cr	-1.42Cr	5.65Cr
Net Change in Cash	166.43Cr	210.48Cr	-363.73Cr	73Cr	-27Cr
Supplemental Items
Cash Interest Paid	40Cr	50Cr	47Cr	52Cr	57Cr
Cash Income Tax Paid (Refund)	169.91Cr	76Cr	115.76Cr	129.42Cr	137.33Cr
Levered Free Cash Flow	-104.71Cr	454.35Cr	180.69Cr	326.3Cr	216.47Cr
Unlevered Free Cash Flow	-77Cr	483.94Cr	210.87Cr	360.68Cr	251.59Cr
Change In Net Working Capital	204.21Cr	-152.77Cr	63Cr	-73Cr	-19Cr
Net Debt Issued / Repaid	516.65Cr	-168.12Cr	67Cr	36Cr	14Cr

Fiscal Period: September	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.12	9.67	9.36	12.03	10.55
Return on Total Capital	8.87	16.41	16.61	21.72	18.31
Return On Equity %	-13.18	-64.06	-46.86	-49.44	-48.77
Return on Common Equity	-13.23	-63.98	-46.79	-49.39	-48.7
Margin Analysis
Gross Profit Margin %	21.86	29.03	26	27.43	26.9
SG&A Margin	7.14	6.65	6.3	6.79	6.98
EBITDA Margin %	13.19	21.42	18.52	19.39	18.58
EBITA Margin %	7.75	16.95	14.38	15.42	14.24
EBIT Margin %	6.8	16.18	13.78	15.36	14.18
Income From Continuing Operations Margin %	3.93	14.45	10.18	11.47	10.4
Net Income Margin %	3.95	14.45	10.18	11.46	10.4
Net Avail. For Common Margin %	3.95	14.45	10.18	11.46	10.4
Normalized Net Income Margin	4.06	10.12	8.31	9.31	8.62
Levered Free Cash Flow Margin	-4.45	15.63	5.6	9.07	5.98
Unlevered Free Cash Flow Margin	-3.29	16.65	6.54	10.03	6.95
Asset Turnover
Asset Turnover	0.97	0.96	1.09	1.25	1.19
Fixed Assets Turnover	2.26	2.01	2.21	2.37	2.14
Receivables Turnover (Average Receivables)	24.39	29.93	28.58	28.8	28.58
Inventory Turnover (Average Inventory)	11.93	13.07	12.63	13.11	14.76
Short Term Liquidity
Current Ratio	1.06	1.2	0.77	0.78	0.75
Quick Ratio