Starbucks Corporation (SBUX)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 4,968,200 | 5,401,700 | 4,230,100 | 5,355,900 | 1,168,000 |
| Revenue | US$ in thousands | 36,176,200 | 35,975,600 | 32,250,300 | 29,060,600 | 23,518,000 |
| Pretax margin | 13.73% | 15.01% | 13.12% | 18.43% | 4.97% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $4,968,200K ÷ $36,176,200K
= 13.73%
The pretax margin of Starbucks Corporation has fluctuated over the past five years, ranging from 4.97% in 2020 to 18.43% in 2021. The trend indicates variability in the company's ability to generate profits before taxes relative to its revenue during this period. The pretax margin decreased in 2022, rebounded in 2023, and then decreased again in 2024, suggesting potential challenges in managing costs and/or increasing efficiency in certain years. Continued monitoring and analysis of the underlying factors affecting the company's profitability will be essential to understand the reasons behind these fluctuations and drive future strategic decisions.
Peer comparison
Sep 30, 2024