Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

$24.99

Total Asset Turnover
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Calculation

Starbucks Corp., total asset turnover, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-09-29), 10-K (reporting date: 2023-10-01), 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-10-01), 10-K (reporting date: 2016-10-02), 10-K (reporting date: 2015-09-27), 10-K (reporting date: 2014-09-28), 10-K (reporting date: 2013-09-29), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-10-02), 10-K (reporting date: 2010-10-03), 10-K (reporting date: 2009-09-27), 10-K (reporting date: 2008-09-28), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-10-01), 10-K (reporting date: 2005-10-02).

1 US$ in thousands

The financial data exhibits notable trends over the periods analyzed, reflecting changes in revenues, asset base, and operational efficiency.

Net Revenues
Net revenues demonstrate a consistent upward trajectory from 2005 through 2019, increasing from approximately $6.37 billion to $26.51 billion. This indicates robust growth in sales over the 15-year stretch. However, a sharp decline is observed in 2020, likely attributable to external economic factors, with revenues falling to around $23.52 billion. Subsequent years reveal a strong recovery and further growth, with revenues reaching approximately $36.18 billion by 2024, indicating resilience and expansion in business operations.
Total Assets
The total assets follow a general upward trend, expanding from about $3.51 billion in 2005 to a peak near $24.16 billion in 2018. Notable volatility is seen thereafter: assets drop significantly in 2019 to approximately $19.22 billion, then rebound sharply to nearly $31.37 billion in 2021. A slight fluctuation ensues through 2024, with assets ending at roughly $31.34 billion. This pattern suggests periods of increased investment or acquisitions as well as occasional asset disposals or revaluations.
Total Asset Turnover
The total asset turnover ratio, measuring efficiency in using assets to generate revenue, shows a generally declining trend from 1.81 in 2005 to a low point of 0.8 in 2020. This deterioration indicates a reduction in operational efficiency or slower asset utilization during the period leading up to 2020. Following this low, the ratio improves steadily from 0.8 to 1.22 by 2023 but slightly drops to 1.15 in 2024. Despite recovering efficiency post-2020, the turnover ratio remains below earlier highs, indicating that while asset utilization has improved, it has not fully returned to previous levels.

Comparison to Competitors

Starbucks Corp., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-09-29), 10-K (reporting date: 2023-10-01), 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-10-01), 10-K (reporting date: 2016-10-02), 10-K (reporting date: 2015-09-27), 10-K (reporting date: 2014-09-28), 10-K (reporting date: 2013-09-29), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-10-02), 10-K (reporting date: 2010-10-03), 10-K (reporting date: 2009-09-27), 10-K (reporting date: 2008-09-28), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-10-01), 10-K (reporting date: 2005-10-02).


Comparison to Sector (Consumer Services)


Comparison to Industry (Consumer Discretionary)