Starbucks Corporation (SBUX) - Net Assets
Based on the latest financial reports, Starbucks Corporation (SBUX) has net assets worth $-8.38 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.23 Billion) and total liabilities ($40.61 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SBUX asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-8.38 Billion |
| % of Total Assets | -26.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -237.32% |
| Growth Volatility | 134.35 |
Starbucks Corporation - Net Assets Trend (1991–2025)
This chart illustrates how Starbucks Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Starbucks Corporation (SBUX) total assets for the complete picture of this company's asset base.
Annual Net Assets for Starbucks Corporation (1991–2025)
The table below shows the annual net assets of Starbucks Corporation from 1991 to 2025. For live valuation and market cap data, see Starbucks Corporation (SBUX) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $-8.09 Billion | -8.70% |
| 2024-09-30 | $-7.44 Billion | +6.84% |
| 2023-09-30 | $-7.99 Billion | +8.17% |
| 2022-09-30 | $-8.70 Billion | -63.68% |
| 2021-09-30 | $-5.31 Billion | +31.86% |
| 2020-09-30 | $-7.80 Billion | -25.17% |
| 2019-09-30 | $-6.23 Billion | -629.94% |
| 2018-09-30 | $1.18 Billion | -78.45% |
| 2017-09-30 | $5.46 Billion | -7.36% |
| 2016-09-30 | $5.89 Billion | +1.22% |
| 2015-09-30 | $5.82 Billion | +10.36% |
| 2014-09-30 | $5.27 Billion | +17.66% |
| 2013-09-30 | $4.48 Billion | -12.36% |
| 2012-09-30 | $5.11 Billion | +16.58% |
| 2011-09-30 | $4.39 Billion | +19.15% |
| 2010-09-30 | $3.68 Billion | +20.90% |
| 2009-09-30 | $3.05 Billion | +21.38% |
| 2008-09-30 | $2.51 Billion | +9.03% |
| 2007-09-30 | $2.30 Billion | +3.27% |
| 2006-09-30 | $2.23 Billion | +6.59% |
| 2005-09-30 | $2.09 Billion | -15.93% |
| 2004-09-30 | $2.49 Billion | +19.42% |
| 2003-09-30 | $2.08 Billion | +20.61% |
| 2002-09-30 | $1.73 Billion | +25.04% |
| 2001-09-30 | $1.38 Billion | +19.87% |
| 2000-09-30 | $1.15 Billion | +19.87% |
| 1999-09-30 | $961.00 Million | +20.99% |
| 1998-09-30 | $794.30 Million | +49.36% |
| 1997-09-30 | $531.80 Million | +17.73% |
| 1996-09-30 | $451.70 Million | +44.68% |
| 1995-09-30 | $312.20 Million | +184.08% |
| 1994-09-30 | $109.90 Million | +24.74% |
| 1993-09-30 | $88.10 Million | +17.00% |
| 1992-09-30 | $75.30 Million | +240.72% |
| 1991-09-30 | $22.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Starbucks Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 827240000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.10 Million | % |
| Other Comprehensive Income | $-459.30 Million | % |
| Other Components | $634.10 Million | % |
| Total Equity | $-8.10 Billion | 100.00% |
Starbucks Corporation Competitors by Market Cap
The table below lists competitors of Starbucks Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FAST RETAIL. CO. ADR 1/10
F:FR70
|
$110.46 Billion |
|
Parker-Hannifin Corporation
NYSE:PH
|
$110.92 Billion |
|
Accenture plc
NYSE:ACN
|
$111.04 Billion |
|
GlaxoSmithKline PLC ADR
NYSE:GSK
|
$111.15 Billion |
|
Intuit Inc
NASDAQ:INTU
|
$110.28 Billion |
|
Hon Hai Precision Industry Co Ltd
TW:2317
|
$109.98 Billion |
|
DBS GROUP ADR/4 SD 1
F:DEV
|
$109.87 Billion |
|
GlaxoSmithKline plc
MX:GSKN
|
$109.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Starbucks Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -7,448,900,000 to -8,096,600,000, a change of -647,700,000.
- Net income of 1,856,400,000 contributed positively to equity growth.
- Dividend payments of 2,771,400,000 reduced retained earnings.
- New share issuances of 77,000,000 increased equity.
- Other comprehensive income decreased equity by 30,500,000.
- Other factors increased equity by 220,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.86 Billion | +22.93% |
| Dividends Paid | $2.77 Billion | -34.23% |
| Share Issuances | $77.00 Million | +0.95% |
| Other Comprehensive Income | $-30.50 Million | -0.38% |
| Other Changes | $220.80 Million | +2.73% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Starbucks Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-09-30 | $0.03 | $104.93 | x |
| 1992-09-30 | $0.09 | $104.93 | x |
| 1993-09-30 | $0.10 | $104.93 | x |
| 1994-09-30 | $0.12 | $104.93 | x |
| 1995-09-30 | $0.27 | $104.93 | x |
| 1996-09-30 | $0.36 | $104.93 | x |
| 1997-09-30 | $0.42 | $104.93 | x |
| 1998-09-30 | $0.54 | $104.93 | x |
| 1999-09-30 | $0.66 | $104.93 | x |
| 2000-09-30 | $0.75 | $104.93 | x |
| 2001-09-30 | $0.87 | $104.93 | x |
| 2002-09-30 | $1.09 | $104.93 | x |
| 2003-09-30 | $1.30 | $104.93 | x |
| 2004-09-30 | $1.51 | $104.93 | x |
| 2005-09-30 | $1.29 | $104.93 | x |
| 2006-09-30 | $1.41 | $104.93 | x |
| 2007-09-30 | $1.48 | $104.93 | x |
| 2008-09-30 | $1.68 | $104.93 | x |
| 2009-09-30 | $2.04 | $104.93 | x |
| 2010-09-30 | $2.41 | $104.93 | x |
| 2011-09-30 | $2.85 | $104.93 | x |
| 2012-09-30 | $3.31 | $104.93 | x |
| 2013-09-30 | $2.94 | $104.93 | x |
| 2014-09-30 | $3.46 | $104.93 | x |
| 2015-09-30 | $3.85 | $104.93 | x |
| 2016-09-30 | $3.96 | $104.93 | x |
| 2017-09-30 | $3.73 | $104.93 | x |
| 2018-09-30 | $0.84 | $104.93 | x |
| 2019-09-30 | $-5.05 | $104.93 | x |
| 2020-09-30 | $-6.60 | $104.93 | x |
| 2021-09-30 | $-4.49 | $104.93 | x |
| 2022-09-30 | $-7.52 | $104.93 | x |
| 2023-09-30 | $-6.94 | $104.93 | x |
| 2024-09-30 | $-6.55 | $104.93 | x |
| 2025-09-30 | $-7.10 | $104.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Starbucks Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.99%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (25.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 10.86% | 4.16% | 1.53x | 1.71x | $190.00K |
| 1992 | 5.44% | 4.40% | 1.06x | 1.17x | $-3.43 Million |
| 1993 | 9.65% | 5.20% | 0.85x | 2.19x | $-310.00K |
| 1994 | 9.28% | 3.58% | 1.23x | 2.11x | $-790.00K |
| 1995 | 8.36% | 5.61% | 0.99x | 1.50x | $-5.12 Million |
| 1996 | 9.32% | 6.04% | 0.96x | 1.61x | $-3.07 Million |
| 1997 | 10.38% | 5.66% | 1.15x | 1.60x | $2.02 Million |
| 1998 | 8.61% | 5.23% | 1.32x | 1.25x | $-11.03 Million |
| 1999 | 10.58% | 6.05% | 1.34x | 1.30x | $5.60 Million |
| 2000 | 8.23% | 4.36% | 1.45x | 1.30x | $-20.28 Million |
| 2001 | 13.17% | 6.84% | 1.43x | 1.35x | $43.62 Million |
| 2002 | 12.46% | 6.54% | 1.43x | 1.33x | $42.41 Million |
| 2003 | 12.89% | 6.58% | 1.49x | 1.31x | $60.10 Million |
| 2004 | 15.64% | 7.35% | 1.59x | 1.34x | $140.20 Million |
| 2005 | 23.65% | 7.76% | 1.81x | 1.68x | $285.31 Million |
| 2006 | 25.32% | 7.25% | 1.76x | 1.99x | $341.41 Million |
| 2007 | 29.45% | 7.15% | 1.76x | 2.34x | $444.23 Million |
| 2008 | 12.67% | 3.04% | 1.83x | 2.28x | $66.41 Million |
| 2009 | 12.83% | 4.00% | 1.75x | 1.83x | $86.23 Million |
| 2010 | 25.68% | 8.83% | 1.68x | 1.73x | $577.37 Million |
| 2011 | 28.39% | 10.65% | 1.59x | 1.68x | $806.97 Million |
| 2012 | 27.06% | 10.42% | 1.62x | 1.61x | $872.35 Million |
| 2013 | 0.19% | 0.06% | 1.29x | 2.57x | $-439.93 Million |
| 2014 | 39.22% | 12.57% | 1.53x | 2.04x | $1.54 Billion |
| 2015 | 47.38% | 14.39% | 1.54x | 2.14x | $2.18 Billion |
| 2016 | 47.89% | 13.22% | 1.49x | 2.44x | $2.23 Billion |
| 2017 | 52.86% | 12.89% | 1.56x | 2.63x | $2.34 Billion |
| 2018 | 386.34% | 18.28% | 1.02x | 20.66x | $4.40 Billion |
| 2019 | 0.00% | 13.58% | 1.38x | 0.00x | $4.22 Billion |
| 2020 | 0.00% | 3.95% | 0.80x | 0.00x | $1.71 Billion |
| 2021 | 0.00% | 14.45% | 0.93x | 0.00x | $4.73 Billion |
| 2022 | 0.00% | 10.18% | 1.15x | 0.00x | $4.15 Billion |
| 2023 | 0.00% | 11.46% | 1.22x | 0.00x | $4.92 Billion |
| 2024 | 0.00% | 10.40% | 1.15x | 0.00x | $4.51 Billion |
| 2025 | 0.00% | 4.99% | 1.16x | 0.00x | $2.67 Billion |
Industry Comparison
This section compares Starbucks Corporation's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $182,446,800
- Average return on equity (ROE) among peers: -155.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Starbucks Corporation (SBUX) | $-8.38 Billion | 10.86% | N/A | $110.42 Billion |
| Arcos Dorados Holdings Inc (ARCO) | $198.02 Million | -75.47% | 10.58x | $1.18 Billion |
| Ark Restaurants Corp (ARKR) | $60.12 Million | 15.44% | 2.49x | $24.27 Million |
| Flanigans Enterprises Inc (BDL) | $74.91 Million | 5.34% | 0.95x | $56.74 Million |
| BurgerFi International, Inc. (BFICQ) | $173.28 Million | -70.12% | 0.83x | $2.74K |
| Biglari Holdings Inc (BH) | $10.80 Million | 4.63% | 3.44x | $638.98 Million |
| Biglari Holdings Inc (BH-A) | $57.80 Million | 22.49% | 1.27x | $338.68 Million |
| BJs Restaurants Inc (BJRI) | $370.02 Million | 4.51% | 1.81x | $714.98 Million |
| Bloomin Brands Inc (BLMN) | $10.96 Million | -1448.53% | 305.85x | $485.45 Million |
| Black Rock Coffee Bar, Inc. Class A Common Stock (BRCB) | $104.71 Million | -15.70% | 2.21x | $200.65 Million |
| Dutch Bros Inc (BROS) | $763.87 Million | 4.62% | 2.27x | $6.70 Billion |
About Starbucks Corporation
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee internationally. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee, tea, and other beverages, roasted whole beans and ground coffees, complementary food, packaged coffees, single-serve products, and ready-to-drink … Read more