Starbucks (SBUX)
Consumer Discretionary · Quick-service restaurant / Coffee retail
A global coffee and beverage retailer operating company-owned and licensed stores across 80+ markets, generating revenue through direct store sales, licensed partnerships, and CPG channels.
What Starbucks does
Starbucks operates an extensive network of company-operated and licensed coffee shops worldwide, serving premium coffee drinks, teas, pastries, and food items. The company generates revenue from three main channels: company-operated stores, licensed stores operating under partnership agreements with retailers and other businesses, and other revenue including packaged coffee and CPG distribution. Starbucks maintains a strong digital customer engagement platform, including a loyalty program and mobile ordering capabilities. The company also holds equity investments in numerous joint ventures and partnerships that extend its brand presence globally.
Themes: ["Retail expansion","Digital/mobile ordering","Customer loyalty programs","Global market presence","CPG and at-home consumption","Licensed store model"]
Fundamentals
- Price$106.41 as of 2026-07-09 close
- Market cap$121.9B as of 2026-07-10
- 1-year return+11.7% as of 2026-07-09 close
- P/E81.48 as of 2026-07-10
- Net margin+3.9% as of 2026-07-10
- Gross margin+21.9% as of 2026-07-10
- ROE+115.7% as of 2026-07-10
- Debt / equity8.07 as of 2026-07-10
- Revenue growth (YoY)+5.8% as of 2026-07-10
- Revenue CAGR (3y)+4.9% SEC XBRL
- Beta0.98 as of 2026-07-10
Dividend: yield +2.4%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Operating leverage exposure through company-operated stores with high fixed costs (store operating expenses at 46% of revenues in recent quarters); revenue slowdowns directly pressure margins","Elevated debt burden of ~$15 billion in long-term debt with shareholders' deficit position (-$8.5B), constraining financial flexibility and refinancing risk","Competitive intensity in coffee retail with independent cafés, other chains, and at-home consumption; dependency on international growth in geographies with varying consumer preferences and regulatory environments"]
Competitors & peers
- Dunkin' Brands
- Tim Hortons
- McDonald's (coffee and beverage offerings)
- Peet's Coffee
- Local/independent coffee shops
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.