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FCF Margin for Starbucks (SBUX)

As of · Reported

Metric

TTM

7.1%

YoY change

−2.60pp

Trough year (1994)

-30.5%

Peak year (2018)

40.3%

FCF Margin history chart for Starbucks (SBUX) from 1991 to 2025

Latest: 6.6%

FCF Margin change chart for Starbucks (SBUX) from 1991 to 2025

Latest: −2.60pp

FCF Margin history table for Starbucks (SBUX) from 1991 to 2025

  • 20256.6%-2.60pp
  • 20249.2%-1.04pp
  • 202310.2%+2.29pp
  • 20227.9%-7.63pp
  • 202115.6%+15.07pp
  • 20200.5%-11.74pp
  • 201912.2%-28.07pp
  • 201840.3%+28.44pp
  • 201711.9%-2.85pp
  • 201614.7%+1.95pp
  • 201512.8%+16.12pp
  • 2014-3.4%-15.18pp
  • 201311.8%+5.32pp
  • 20126.5%-2.73pp
  • 20119.2%-2.57pp
  • 201011.8%+2.16pp
  • 20099.7%+7.01pp
  • 20082.6%-0.02pp
  • 20072.7%-1.96pp
  • 20064.6%+0.24pp
  • 20054.4%-3.31pp
  • 20047.7%+2.57pp
  • 20035.1%+2.02pp
  • 20023.1%+0.22pp
  • 20012.9%+2.79pp
  • 20000.1%+4.07pp
  • 1999-4.0%+0.53pp
  • 1998-4.5%+2.53pp
  • 1997-7.0%-3.45pp
  • 1996-3.6%+21.77pp
  • 1995-25.4%+5.10pp
  • 1994-30.5%-11.81pp
  • 1993-18.7%-11.14pp
  • 1992-7.5%+6.35pp
  • 1991-13.9%—

FCF Margin values are taken from Starbucks's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Starbucks (SBUX)

According to Starbucks's latest reported financial statements, the company's latest reported free cash flow margin is 7.1%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Starbucks (SBUX) reported free cash flow margin of 6.57% – contracted 2.6 percentage points year-over-year.

40.30% stands as the all-time-high annual free cash flow margin, posted in 2018, against a low of -30.47% during 1994.

Starbucks FCF Margin by Year

Starbucks FCF Margin 2025: 6.6%

In 2025, Starbucks reported free cash flow margin of 6.57%, contracted 2.6 percentage points from 2024.

Starbucks FCF Margin 2024: 9.2%

Starbucks free cash flow margin in 2024 was 9.17%, contracted 1.0 percentage points from 2023.

Starbucks FCF Margin 2023: 10.2%

2023's free cash flow margin for Starbucks came in at 10.22%, expanded 2.3 percentage points from 2022.

Starbucks FCF Margin 2022: 7.9%

Starbucks posted free cash flow margin of 7.93% in 2022, contracted 7.6 percentage points from 2021.

Starbucks FCF Margin 2021: 15.6%

Starbucks free cash flow margin in 2021 was 15.55%.

See more financial history for Starbucks (SBUX).

Sector peers by FCF Margin

Consumer Cyclical peers of Starbucks (SBUX), ranked by their latest free cash flow margin

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