Starbucks Corporation (SBUX)
Net profit margin
| Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,760,900 | 4,157,800 | 4,293,700 | 4,124,500 | 3,783,500 | 3,554,700 | 3,320,900 | 3,281,600 | 4,167,700 | 4,408,200 | 4,393,100 | 4,199,400 | 2,827,600 | 995,800 | 664,800 | 928,300 | 1,338,600 | 3,389,800 | 3,724,600 | 3,599,500 |
| Revenue (ttm) | US$ in thousands | 36,176,200 | 36,530,200 | 36,687,000 | 35,975,600 | 35,016,200 | 33,998,000 | 32,913,800 | 32,250,300 | 31,982,800 | 31,329,200 | 30,361,600 | 29,060,600 | 27,117,000 | 23,842,600 | 23,170,300 | 23,518,000 | 24,061,900 | 26,662,800 | 26,973,000 | 26,508,600 |
| Net profit margin | 10.40% | 11.38% | 11.70% | 11.46% | 10.80% | 10.46% | 10.09% | 10.18% | 13.03% | 14.07% | 14.47% | 14.45% | 10.43% | 4.18% | 2.87% | 3.95% | 5.56% | 12.71% | 13.81% | 13.58% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,760,900K ÷ $36,176,200K
= 10.40%
The net profit margin of Starbucks Corporation has shown some fluctuations over the past few quarters. The net profit margin is a key financial ratio that measures a company's profitability by indicating how much of each dollar in revenue translates into profit after all expenses are deducted.
From December 2019 to March 2021, Starbucks experienced a decline in net profit margin, reaching a low of 2.87% in March 2021. However, from June 2021 to December 2022, the net profit margin improved consistently, reaching a peak of 14.47% in March 2022. This upward trend indicates a more efficient operation and cost management during this period.
In the most recent quarter ending in September 2024, Starbucks recorded a net profit margin of 10.40%. While it is lower than the peak in March 2022, it is still relatively healthy and indicates that Starbucks is generating approximately 10.40 cents of profit for every dollar in revenue.
Overall, Starbucks' net profit margin has shown resilience and stability, with some fluctuations in recent quarters. Monitoring this ratio over time provides insight into the company's profitability and operational efficiency.
Peer comparison
Sep 30, 2024