Capital Expenditures for Starbucks (SBUX)
According to Starbucks's latest reported financial statements, the company's current capital expenditures (TTM) is $1.94B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
SBUX
Currently viewingCapital ExpendituresSwitch metric
Latest period
$1.94B
YoY change
-17.0%
5Y CAGR
+9.2%
Peak year (2024)
$2.78B
Cumulative capital expenditures
$31.24B
CapEx history chart for Starbucks (SBUX) from 1991 to 2025
CapEx history table for Starbucks (SBUX) from 1991 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $2.31B | -17.0% | ||
| 2024 | $2.78B | +19.0% | ||
| 2023 | $2.33B | +26.7% | ||
| 2022 | $1.84B | +25.3% | ||
| 2021 | $1.47B | -0.9% | ||
| 2020 | $1.48B | -17.9% | ||
| 2019 | $1.81B | -8.6% | ||
| 2018 | $1.98B | +30.1% | ||
| 2017 | $1.52B | +5.5% | ||
| 2016 | $1.44B | +10.5% | ||
| 2015 | $1.30B | +12.3% | ||
| 2014 | $1.16B | +0.8% | ||
| 2013 | $1.15B | +34.5% | ||
| 2012 | $856.20M | +61.0% | ||
| 2011 | $531.90M | +20.7% | ||
| 2010 | $440.70M | -1.1% | ||
| 2009 | $445.60M | -54.7% | ||
| 2008 | $984.50M | -8.9% | ||
| 2007 | $1.08B | +40.1% | ||
| 2006 | $771.23M | +19.8% | ||
| 2005 | $643.99M | +66.8% | ||
| 2004 | $386.18M | +8.1% | ||
| 2003 | $357.28M | -4.8% | ||
| 2002 | $375.47M | -2.3% | ||
| 2001 | $384.21M | +21.4% | ||
| 2000 | $316.45M | +14.1% | ||
| 1999 | $277.40M | +37.4% | ||
| 1998 | $201.90M | +19.0% | ||
| 1997 | $169.70M | +4.9% | ||
| 1996 | $161.80M | +25.0% | ||
| 1995 | $129.40M | +51.7% | ||
| 1994 | $85.30M | +115.9% | ||
| 1993 | $39.50M | +148.4% | ||
| 1992 | $15.90M | +50.0% | ||
| 1991 | $10.60M | — |
CapEx values are taken from Starbucks's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Starbucks (SBUX) capital expenditures is $2.31B – declined 17.0% year-over-year.
Starbucks capital expenditures compound annual growth for the 2020–2025 (5 years) window is +9.2%, with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, Starbucks capital expenditures declined 17.0%, falling from $2.78B to $2.31B.
The dataset's maximum capital expenditures sits at $2.78B (2024); the minimum reading of $10.60M dates to 1991.
Among 8 Consumer Cyclical peers, Starbucks (SBUX) ranks 6th; the peer median for capital expenditures is $3.52B.
Starbucks Capital Expenditures by Year
Starbucks Capital Expenditures 2025: $2.31B
Starbucks capital expenditures in 2025 was $2.31B, declined 17.0% below 2024.
Starbucks Capital Expenditures 2024: $2.78B
Starbucks capital expenditures in 2024 was $2.78B, grew 19.0% from 2023. This figure represents the highest annual value in the available history.
Starbucks Capital Expenditures 2023: $2.33B
Starbucks capital expenditures in 2023 was $2.33B, grew 26.7% from 2022.
Starbucks Capital Expenditures 2022: $1.84B
Starbucks capital expenditures in 2022 was $1.84B, grew 25.3% from 2021.
Starbucks Capital Expenditures 2021: $1.47B
Starbucks capital expenditures in 2021 was $1.47B.
See more financial history for Starbucks (SBUX).
Sector peers — CapEx
Companies in the same sector as Starbucks, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | $131.82B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $86.66B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.53B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $3.68B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $3.37B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $1.96B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $322.00M | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
What is Starbucks's capital expenditures?
- Latest reported capital expenditures for Starbucks (SBUX) is $1.94B (period ending December 28, 2025).
How has Starbucks capital expenditures changed year-over-year?
- Starbucks (SBUX) capital expenditures changed -17.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Starbucks capital expenditures?
- Starbucks (SBUX) capital expenditures compound annual growth rate is +9.2% over the most recent 5 years available.
When did Starbucks capital expenditures hit its highest annual value?
- Starbucks capital expenditures reached its highest annual value of $2.78B in 2024.
What was Starbucks capital expenditures in 2024?
- Starbucks (SBUX) capital expenditures in 2024 was $2.78B.
What was Starbucks capital expenditures in 2025?
- Starbucks (SBUX) capital expenditures in 2025 was $2.31B.
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