Cash flow Starbucks Corporation

Equities

SBUX

US8552441094

Restaurants & Bars

Market Closed - Nasdaq Other stock markets 04:00:00 2025-01-24 pm EST			5-day change	1st Jan Change
98.81 ^USD	+0.84%		+3.87%	+8.28%

Jan. 24	Starbucks Investors Await Traffic Gains After Operational Changes, RBC Says	MT
Jan. 23	Goldman Sachs Adjusts Starbucks Price Target to $109 From $105, Maintains Buy Rating	MT

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Published financial data: STARBUCKS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020	2021	2022	2023	2024
Revenues	21.49B	27.29B	30.23B	33.98B	34.27B
Other Revenues, Total	2.03B	1.77B	2.02B	2B	1.91B
Total Revenues	23.52B	29.06B	32.25B	35.98B	36.18B
Cost of Goods Sold, Total	18.38B	20.63B	23.86B	26.11B	26.44B
Gross Profit	5.14B	8.44B	8.39B	9.87B	9.73B
Selling General & Admin Expenses, Total	1.68B	1.93B	2.03B	2.44B	2.52B
Depreciation & Amortization - (IS)	1.43B	1.44B	1.45B	1.36B	1.51B
Other Operating Expenses	430M	360M	462M	539M	566M
Other Operating Expenses, Total	3.54B	3.73B	3.94B	4.34B	4.6B
Operating Income	1.6B	4.7B	4.44B	5.53B	5.13B
Interest Expense, Total	-437M	-473M	-483M	-550M	-562M
Interest And Investment Income	45M	69.1M	-	93.8M	126M
Net Interest Expenses	-392M	-404M	-483M	-456M	-436M
Income (Loss) On Equity Invest.	322M	385M	234M	298M	301M
Currency Exchange Gains (Loss)	300K	20.2M	99.9M	-3.1M	200K
Other Non Operating Income (Expenses)	-10.5M	2.6M	-2.5M	-7.5M	-2M
EBT, Excl. Unusual Items	1.52B	4.71B	4.29B	5.36B	4.99B
Restructuring Charges	-279M	-170M	-46M	-21.8M	-
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	4.9M	1.8M	-400K	-700K	-1.2M
Gain (Loss) On Sale Of Assets	-	864M	-	91.3M	-
Asset Writedown	-110M	-44.4M	-14.3M	-23.2M	-23.3M
Other Unusual Items	27.6M	-	-	-1.3M	100K
EBT, Incl. Unusual Items	1.16B	5.36B	4.23B	5.4B	4.97B
Income Tax Expense	240M	1.16B	948M	1.28B	1.21B
Earnings From Continuing Operations	925M	4.2B	3.28B	4.12B	3.76B
Net Income to Company	925M	4.2B	3.28B	4.12B	3.76B
Minority Interest	3.6M	-1M	-1.8M	-200K	-1.4M
Net Income - (IS)	928M	4.2B	3.28B	4.12B	3.76B
Net Income to Common Incl Extra Items	928M	4.2B	3.28B	4.12B	3.76B
Net Income to Common Excl. Extra Items	928M	4.2B	3.28B	4.12B	3.76B
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	1.17B	1.18B	1.15B	1.15B	1.13B
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	1.18B	1.19B	1.16B	1.15B	1.14B
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	3.1B	6.23B	5.97B	6.98B	6.72B
EBITA	1.82B	4.92B	4.64B	5.55B	5.15B
EBIT	1.6B	4.7B	4.44B	5.53B	5.13B
EBITDAR	5.54B	8.79B	8.65B	9.85B	9.77B
Total Revenues (As Reported)	23.52B	29.06B	32.25B	35.98B	36.18B
Effective Tax Rate - (Ratio)	20.59	21.59	22.41	23.64	24.29
Current Domestic Taxes	86.8M	872M	642M	914M	892M
Current Foreign Taxes	181M	410M	284M	422M	329M
Total Current Taxes	268M	1.28B	925M	1.34B	1.22B
Deferred Domestic Taxes	-13.2M	4M	103M	116M	10M
Deferred Foreign Taxes	-15.3M	-129M	-80M	-176M	-23.6M
Total Deferred Taxes	-28.5M	-125M	23.1M	-59.3M	-13.6M
Normalized Net Income	954M	2.94B	2.68B	3.35B	3.12B
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	259M	305M	417M	508M	597M
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	1.68B	1.93B	2.03B	2.44B	2.52B
Net Rental Expense, Total	2.44B	2.56B	2.67B	2.87B	3.05B
Imputed Operating Lease Interest Expense	467M	396M	435M	521M	544M
Imputed Operating Lease Depreciation	1.97B	2.17B	2.24B	2.35B	2.51B
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	249M	319M	272M	303M	308M
Total Stock-Based Compensation	249M	319M	272M	303M	308M

Fiscal Period: September	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.35B	6.46B	2.82B	3.55B	3.29B
Short Term Investments	281M	162M	364M	402M	257M
Trading Asset Securities, Total	-	-	-	400K	-
Total Cash And Short Term Investments	4.63B	6.62B	3.18B	3.95B	3.54B
Accounts Receivable, Total	883M	940M	1.18B	1.18B	1.21B
Other Receivables	512M	193M	97.1M	15.6M	-
Total Receivables	1.4B	1.13B	1.27B	1.2B	1.21B
Inventory	1.55B	1.6B	2.18B	1.81B	1.78B
Prepaid Expenses	212M	254M	312M	303M	292M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	-	-	-	12.4M
Other Current Assets, Total	15.6M	148M	75.1M	40.6M	8.7M
Total Current Assets	7.81B	9.76B	7.02B	7.3B	6.85B
Gross Property Plant And Equipment	22.29B	23.06B	23.63B	25.72B	28.73B
Accumulated Depreciation	-7.91B	-8.46B	-9.05B	-9.92B	-10.78B
Net Property Plant And Equipment	14.38B	14.61B	14.58B	15.8B	17.95B
Long-term Investments	731M	573M	590M	687M	740M
Goodwill	3.6B	3.68B	3.28B	3.22B	3.32B
Other Intangibles, Total	552M	350M	156M	120M	101M
Deferred Tax Assets Long-Term	1.79B	1.87B	1.8B	1.77B	1.77B
Other Long-Term Assets, Total	523M	556M	554M	546M	617M
Total Assets	29.37B	31.39B	27.98B	29.45B	31.34B
Liabilities
Accounts Payable, Total	998M	1.21B	1.44B	1.54B	1.6B
Accrued Expenses, Total	1.18B	1.33B	1.27B	1.36B	1.32B
Short-term Borrowings	439M	-	175M	33.5M	-
Current Portion of Long-Term Debt	1.25B	999M	1.76B	1.82B	1.25B
Current Portion of Leases	1.25B	1.25B	1.25B	1.28B	1.46B
Current Income Taxes Payable	98.2M	348M	139M	189M	124M
Unearned Revenue Current, Total	1.46B	1.6B	1.64B	1.7B	1.78B
Other Current Liabilities	672M	1.42B	1.47B	1.42B	1.53B
Total Current Liabilities	7.35B	8.15B	9.15B	9.35B	9.07B
Long-Term Debt	14.73B	13.62B	13.15B	13.59B	14.34B
Long-Term Leases	7.72B	7.74B	7.52B	7.92B	8.77B
Unearned Revenue Non Current	6.6B	6.46B	6.28B	6.1B	5.96B
Deferred Tax Liability Non Current	158M	148M	119M	14.6M	21.1M
Other Non Current Liabilities	617M	588M	458M	458M	616M
Total Liabilities	37.17B	36.71B	36.68B	37.43B	38.78B
Common Stock, Total	1.2M	1.2M	1.1M	1.1M	1.1M
Additional Paid In Capital	374M	846M	205M	38.1M	323M
Retained Earnings	-7.82B	-6.32B	-8.45B	-7.26B	-7.34B
Comprehensive Income and Other	-365M	147M	-463M	-778M	-429M
Total Common Equity	-7.81B	-5.32B	-8.71B	-7.99B	-7.45B
Minority Interest	5.7M	6.7M	7.9M	7M	7.3M
Total Equity	-7.8B	-5.31B	-8.7B	-7.99B	-7.44B
Total Liabilities And Equity	29.37B	31.39B	27.98B	29.45B	31.34B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.17B	1.17B	1.15B	1.14B	1.13B
ECS Total Common Shares Outstanding	1.17B	1.18B	1.15B	1.14B	1.13B
Book Value / Share	-6.65	-4.51	-7.58	-7	-6.57
Tangible Book Value	-11.95B	-9.35B	-12.15B	-11.33B	-10.87B
Tangible Book Value Per Share	-10.19	-7.92	-10.58	-9.92	-9.59
Total Debt	25.4B	23.61B	23.85B	24.64B	25.82B
Net Debt	20.76B	16.99B	20.67B	20.69B	22.28B
Debt Equivalent Oper. Leases	19.53B	20.49B	21.39B	22.97B	24.4B
Minority Interest, Total (Incl. Fin. Div)	5.7M	6.7M	7.9M	7M	7.3M
Equity Method Investments, Total	426M	216M	283M	416M	424M
Account Code - Inventory Valuation	6	6	6	-	8
Inventories - Raw Materials, Total	369M	371M	417M	414M	476M
Inventories - Finished Goods, Total	1.18B	1.23B	1.76B	1.39B	1.3B
Land - (BS)	46M	46.2M	46.1M	46.1M	56.9M
Buildings, Total	587M	588M	555M	666M	685M
Machinery, Total	4.88B	5.18B	5.38B	5.86B	5.44B
Full Time Employees	349K	383K	402K	381K	361K
Accumulated Allowance for Doubtful Accounts (Supple)	27.1M	25.6M	27.2M	23.8M	21.2M

Fiscal Period: September	2020	2021	2022	2023	2024
Net Income	928M	4.2B	3.28B	4.12B	3.76B
Depreciation & Amortization - CF	1.28B	1.3B	1.34B	1.43B	1.57B
Amortization of Goodwill and Intangible Assets - (CF)	224M	223M	193M	21.5M	20.4M
Depreciation & Amortization, Total	1.5B	1.52B	1.53B	1.45B	1.59B
(Gain) Loss From Sale Of Asset	454M	-638M	91.4M	10.1M	122M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-53M	-11.3M	-37.5M	-79M	26.9M
Stock-Based Compensation (CF)	249M	319M	272M	303M	308M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	1.19B	1.1B	1.39B	1.33B	1.33B
Change In Accounts Receivable	-2.7M	-43M	-326M	-4.1M	18.4M
Change In Inventories	-10.9M	-49.8M	-641M	366M	42.8M
Change In Accounts Payable	-211M	190M	346M	100M	28M
Change in Unearned Revenues	31M	-6.1M	-75.8M	-111M	-72.2M
Change In Income Taxes	-1.21B	286M	-150M	52.5M	-61.9M
Change in Other Net Operating Assets	-1.27B	-878M	-1.29B	-1.54B	-1B
Cash from Operations	1.6B	5.99B	4.4B	6.01B	6.1B
Capital Expenditure	-1.48B	-1.47B	-1.84B	-2.33B	-2.78B
Sale of Property, Plant, and Equipment	-	-	-	110M	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	1.18B	59.3M	-	-
Investment in Marketable and Equity Securities, Total	-184M	56.7M	-238M	8.9M	151M
Other Investing Activities, Total	-44.4M	-81.2M	-126M	-56.1M	-72.7M
Cash from Investing	-1.71B	-320M	-2.15B	-2.27B	-2.7B
Short Term Debt Issued, Total	1.41B	215M	212M	115M	124M
Long-Term Debt Issued, Total	4.73B	-	1.5B	1.5B	2B
Total Debt Issued	6.13B	215M	1.71B	1.61B	2.12B
Short Term Debt Repaid, Total	-968M	-646M	-36.6M	-254M	-158M
Long-Term Debt Repaid, Total	-	-1.25B	-1B	-1B	-1.83B
Total Debt Repaid	-968M	-1.9B	-1.04B	-1.25B	-1.98B
Issuance of Common Stock	299M	246M	102M	167M	108M
Repurchase of Common Stock	-1.79B	-97M	-4.14B	-1.07B	-1.37B
Common Dividends Paid	-1.92B	-2.12B	-2.26B	-2.43B	-2.58B
Common & Preferred Stock Dividends Paid	-1.92B	-2.12B	-2.26B	-2.43B	-2.58B
Other Financing Activities, Total	-37.7M	-	-9.2M	-11.1M	-10.6M
Cash from Financing	1.71B	-3.65B	-5.64B	-2.99B	-3.72B
Foreign Exchange Rate Adjustments	64.7M	86.2M	-250M	-14.2M	56.5M
Net Change in Cash	1.66B	2.1B	-3.64B	733M	-265M
Supplemental Items
Cash Interest Paid	397M	501M	475M	524M	571M
Cash Income Tax Paid (Refund)	1.7B	756M	1.16B	1.29B	1.37B
Levered Free Cash Flow	-1.05B	4.54B	1.81B	3.26B	2.16B
Unlevered Free Cash Flow	-774M	4.84B	2.11B	3.61B	2.52B
Change In Net Working Capital	2.04B	-1.53B	628M	-734M	-186M
Net Debt Issued / Repaid	5.17B	-1.68B	673M	359M	136M

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	0.82