Starbucks Corporation (SBUX)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,760,900 | 4,124,500 | 3,281,600 | 4,199,300 | 928,300 |
| Revenue | US$ in thousands | 36,176,200 | 35,975,600 | 32,250,300 | 29,060,600 | 23,518,000 |
| Net profit margin | 10.40% | 11.46% | 10.18% | 14.45% | 3.95% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $3,760,900K ÷ $36,176,200K
= 10.40%
The net profit margin of Starbucks Corporation has shown variability in recent years. In the fiscal year ending September 30, 2024, the net profit margin decreased to 10.40% from 11.46% in the previous year. This decline indicates that the company's profitability relative to its revenue diminished during this period. Compared to the fiscal year ending September 30, 2020, when the net profit margin was 3.95%, the current margin remains significantly higher, demonstrating an improvement in profitability over the past four years despite the recent decrease. Further analysis of the underlying reasons for this trend shift would be necessary to fully understand the dynamics impacting Starbucks Corporation's profitability.
Peer comparison
Sep 30, 2024