Starbucks Corporation (SBUX)
Net profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,124,500 | 3,281,600 | 4,199,300 | 928,300 | 3,599,200 |
| Revenue | US$ in thousands | 35,975,600 | 32,250,300 | 29,060,600 | 23,518,000 | 26,508,600 |
| Net profit margin | 11.46% | 10.18% | 14.45% | 3.95% | 13.58% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $4,124,500K ÷ $35,975,600K
= 11.46%
The net profit margin of Starbucks Corporation has exhibited some fluctuations over the past five years. In the fiscal year ending September 30, 2023, the net profit margin stood at 11.46%, showing an increase from the previous year's margin of 10.18% in the fiscal year 2022. However, it is lower compared to the margin of 14.45% in 2021. The margin in 2023 indicates that for every dollar of revenue generated, Starbucks retained approximately 11.46 cents as net profit after accounting for all expenses and taxes, showcasing the company's ability to efficiently manage costs and generate profits. Overall, the net profit margins for Starbucks Corporation have varied over the five-year period, reflecting the company's performance in generating profits relative to its revenue during these years.
Peer comparison
Sep 30, 2023