Starbucks Corporation (SBUX)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | -7,448,900 | -7,994,800 | -8,706,600 | -5,321,200 | -7,805,100 |
| ROE | — | — | — | — | — |
September 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $3,760,900K ÷ $-7,448,900K
= —
To calculate Starbucks Corporation's return on equity (ROE) for the years 2020 to 2023, we utilize the formula:
ROE = Net Income / Average Shareholder's Equity
Given that the data needed for this calculation (Net Income and Shareholder's Equity) is not provided in the table, I am unable to perform the specific analysis at this time. However, typically a high ROE indicates that a company is effectively using shareholder's equity to generate profits, while a low ROE may signify inefficiency in utilizing equity.
For a more thorough evaluation of Starbucks Corporation's financial performance, a detailed examination of the company's income statement, balance sheet, and cash flow statement would be necessary to determine the factors influencing its ROE over the specified years.
Above all, it is essential to consider industry benchmarks and trends to better interpret Starbucks Corporation's ROE and assess its overall financial health and performance.
Peer comparison
Sep 30, 2024