Starbucks Corporation (SBUX)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | -7,994,800 | -8,706,600 | -5,321,200 | -7,805,100 | -6,232,200 |
| ROE | — | — | — | — | — |
September 30, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $4,124,500K ÷ $-7,994,800K
= —
Based on the provided data, the return on equity (ROE) for Starbucks Corporation for the years ending September 30, 2023 to 2019 is not available. Without the specific ROE figures, it is challenging to provide a detailed analysis of the trend or performance of Starbucks using this particular ratio. ROE is a key profitability ratio that measures how effectively a company is using its shareholders' equity to generate profit.
To analyze the ROE trend for Starbucks, it would be necessary to have the ROE values for each of the years mentioned. By comparing these values over the five-year period, we could assess the company's efficiency in generating profits from its equity base, evaluate its financial performance relative to previous years, and benchmark it against industry peers to understand its competitive position.
Without the ROE figures, it is recommended to explore other profitability ratios like return on assets (ROA), net profit margin, or operating profit margin to gather insights into Starbucks' financial performance and profitability.
Peer comparison
Sep 30, 2023