Starbucks Corporation SBUX

94.86 1.21 1.29% as of 25 Sep
Market cap
$106.5B
P/E
54.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Starbucks Corporation (SBUX) Gross margin

Starbucks Corporation's gross margin over the twelve months to 30 June 2026 was 67.7%, down 0.9 percentage points from fiscal 2025 (68.7%). Over the past ten years it has ranged from 59.4% (fiscal 2015) to 69.9% (fiscal 2021); the current reading is higher than 82% of that period. That is above the Restaurants industry median of 38.8% and above the Consumer Cyclical sector median of 35.0%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 68.7% (0.44)
FY2024 69.1% 0.80
FY2023 68.3% 0.28
FY2022 68.0% (1.92)
FY2021 69.9% 2.65
FY2020 67.3% (0.55)
FY2019 67.8% (0.09)
FY2018 67.9% (0.52)
FY2017 68.4% 8.36
FY2016 60.1% 0.72

Quarterly

Period Gross margin Change (points)
Jun 2026 69.7% 3.32
Mar 2026 66.3% (0.64)
Dec 2025 67.0% (0.92)
Sep 2025 67.9% (0.84)
42 more quarters

Against its own ten years

Low 59.4% High 69.9%
Ten-year median 68.0%
Current reading's percentile 82

Gross margin against peers

Company Gross margin
YUM Yum! Brands, Inc. compare 68.1%
SBUX Starbucks Corporation 67.7%
MCD McDonald's Corporation compare 57.4%
QSR Restaurant Brands International Inc. compare 48.5%
DPZ Domino's Pizza Inc compare 40.0%
CMG Chipotle Mexican Grill, Inc. compare 24.1%
YUMC Yum China compare 22.0%
DRI Darden Restaurants, Inc. compare 21.7%
TXRH Texas Roadhouse, Inc. compare 15.7%
Restaurants industry median 38.8%
Consumer Cyclical sector median 35.0%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on SBUX