Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Starbucks Corp., profitability ratios (quarterly data)

Microsoft Excel
Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Jan 1, 2023 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Jan 2, 2022 Oct 3, 2021 Jun 27, 2021 Mar 28, 2021 Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017
Return on Sales
Gross profit margin 27.81% 27.37% 26.52% 26.22% 25.78% 25.96% 26.87% 27.72% 28.59% 28.87% 27.85% 22.77% 20.94% 21.51% 22.34% 26.89% 28.35% 28.25% 28.74% 29.06% 29.27% 29.74%
Operating profit margin 16.64% 16.32% 15.31% 14.92% 14.26% 14.32% 15.33% 16.27% 16.92% 16.77% 14.56% 7.36% 5.42% 6.64% 8.67% 14.67% 15.88% 15.38% 15.16% 15.14% 14.96% 15.71%
Net profit margin 11.70% 11.46% 10.80% 10.46% 10.09% 10.18% 13.03% 14.07% 14.47% 14.45% 10.43% 4.18% 2.87% 3.95% 5.56% 12.71% 13.81% 13.58% 13.63% 11.86% 11.98% 18.28%
Return on Investment
Return on equity (ROE) 386.34%
Return on assets (ROA) 14.71% 14.01% 13.17% 12.43% 11.75% 11.73% 14.80% 15.19% 15.24% 13.38% 9.59% 3.51% 2.22% 3.16% 4.59% 12.33% 13.43% 18.73% 17.00% 17.19% 15.16% 18.70%

Based on: 10-Q (reporting date: 2023-12-31), 10-K (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-Q (reporting date: 2023-01-01), 10-K (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-Q (reporting date: 2022-01-02), 10-K (reporting date: 2021-10-03), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-Q (reporting date: 2017-12-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Starbucks Corp. gross profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Starbucks Corp. operating profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Starbucks Corp. net profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Starbucks Corp. ROA improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Gross Profit Margin

Starbucks Corp., gross profit margin calculation (quarterly data)

Microsoft Excel
Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Jan 1, 2023 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Jan 2, 2022 Oct 3, 2021 Jun 27, 2021 Mar 28, 2021 Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017
Selected Financial Data (US$ in thousands)
Gross profit 2,593,200 2,719,200 2,606,500 2,282,100 2,238,400 2,158,500 2,234,000 1,855,100 2,123,500 2,382,100 2,323,600 1,852,300 1,833,000 1,543,000 200,300 1,276,600 2,039,200 1,858,700 1,995,900 1,752,500 1,881,000 1,861,400 1,930,400 1,726,200 1,833,800
Net revenues 9,425,300 9,373,600 9,168,300 8,719,800 8,713,900 8,414,200 8,150,100 7,635,600 8,050,400 8,146,700 7,496,500 6,668,000 6,749,400 6,203,100 4,222,100 5,995,700 7,097,100 6,747,000 6,823,000 6,305,900 6,632,700 6,303,700 6,310,300 6,031,800 6,073,700
Profitability Ratio
Gross profit margin1 27.81% 27.37% 26.52% 26.22% 25.78% 25.96% 26.87% 27.72% 28.59% 28.87% 27.85% 22.77% 20.94% 21.51% 22.34% 26.89% 28.35% 28.25% 28.74% 29.06% 29.27% 29.74%
Benchmarks
Gross Profit Margin, Competitors2
Airbnb Inc. 82.83% 82.67% 82.33% 82.04% 82.15% 81.95% 81.58% 80.89% 80.71%
Carnival Corp. & plc 34.81% 33.70% 28.35% 21.02% 12.95% 3.38% -3.11% -39.21% -75.46% -143.97% -435.92% -2,332.39% -531.85% -47.36% -2.81% 25.10% 36.54% 38.01% 38.66% 39.40% 40.37% 41.27%
Chipotle Mexican Grill Inc. 26.20% 25.91% 25.67% 25.05% 23.88% 23.00% 22.49% 22.20% 22.62% 22.58% 21.58% 18.70% 17.40% 17.26% 17.51% 19.63% 20.45%
McDonald’s Corp. 57.12% 57.24% 57.45% 57.53% 56.97% 56.13% 55.29% 54.54% 54.17% 53.71% 53.22% 51.37% 50.77% 51.02% 50.98% 52.42% 52.74%

Based on: 10-Q (reporting date: 2023-12-31), 10-K (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-Q (reporting date: 2023-01-01), 10-K (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-Q (reporting date: 2022-01-02), 10-K (reporting date: 2021-10-03), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-Q (reporting date: 2017-12-31).

1 Q1 2024 Calculation
Gross profit margin = 100 × (Gross profitQ1 2024 + Gross profitQ4 2023 + Gross profitQ3 2023 + Gross profitQ2 2023) ÷ (Net revenuesQ1 2024 + Net revenuesQ4 2023 + Net revenuesQ3 2023 + Net revenuesQ2 2023)
= 100 × (2,593,200 + 2,719,200 + 2,606,500 + 2,282,100) ÷ (9,425,300 + 9,373,600 + 9,168,300 + 8,719,800) = 27.81%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Starbucks Corp. gross profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Operating Profit Margin

Starbucks Corp., operating profit margin calculation (quarterly data)

Microsoft Excel
Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Jan 1, 2023 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Jan 2, 2022 Oct 3, 2021 Jun 27, 2021 Mar 28, 2021 Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017
Selected Financial Data (US$ in thousands)
Operating income (loss) 1,485,400 1,706,300 1,583,900 1,327,500 1,253,100 1,195,600 1,295,500 948,900 1,177,800 1,482,300 1,488,700 987,600 913,500 558,400 (703,900) 487,400 1,219,800 1,083,200 1,121,300 857,700 1,015,700 956,500 1,038,200 772,500 1,116,100
Net revenues 9,425,300 9,373,600 9,168,300 8,719,800 8,713,900 8,414,200 8,150,100 7,635,600 8,050,400 8,146,700 7,496,500 6,668,000 6,749,400 6,203,100 4,222,100 5,995,700 7,097,100 6,747,000 6,823,000 6,305,900 6,632,700 6,303,700 6,310,300 6,031,800 6,073,700
Profitability Ratio
Operating profit margin1 16.64% 16.32% 15.31% 14.92% 14.26% 14.32% 15.33% 16.27% 16.92% 16.77% 14.56% 7.36% 5.42% 6.64% 8.67% 14.67% 15.88% 15.38% 15.16% 15.14% 14.96% 15.71%
Benchmarks
Operating Profit Margin, Competitors2
Airbnb Inc. 15.31% 23.42% 21.53% 20.69% 21.45% 20.46% 17.49% 13.17% 7.17%
Booking Holdings Inc. 27.31% 31.85% 31.29% 29.59% 29.85% 28.74% 27.56% 23.83% 22.78% 16.22% -2.86% -11.21% -9.28% 7.80% 24.33% 30.86% 35.48%
Carnival Corp. & plc 10.65% 9.06% 2.18% -8.39% -20.43% -35.99% -53.41% -118.05% -201.31% -371.54% -1,040.94% -5,010.56% -1,162.98% -158.45% -65.16% -14.93% 10.40% 15.73% 16.31% 16.40% 17.04% 17.61%
Chipotle Mexican Grill Inc. 15.78% 15.63% 15.42% 14.89% 13.44% 12.15% 11.36% 10.65% 10.67% 10.61% 9.22% 6.02% 4.85% 4.67% 4.98% 7.12% 7.95%
McDonald’s Corp. 45.68% 45.68% 45.40% 40.96% 40.42% 39.48% 39.87% 43.71% 44.59% 44.84% 44.34% 40.33% 38.13% 38.84% 38.21% 41.61% 43.03%

Based on: 10-Q (reporting date: 2023-12-31), 10-K (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-Q (reporting date: 2023-01-01), 10-K (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-Q (reporting date: 2022-01-02), 10-K (reporting date: 2021-10-03), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-Q (reporting date: 2017-12-31).

1 Q1 2024 Calculation
Operating profit margin = 100 × (Operating income (loss)Q1 2024 + Operating income (loss)Q4 2023 + Operating income (loss)Q3 2023 + Operating income (loss)Q2 2023) ÷ (Net revenuesQ1 2024 + Net revenuesQ4 2023 + Net revenuesQ3 2023 + Net revenuesQ2 2023)
= 100 × (1,485,400 + 1,706,300 + 1,583,900 + 1,327,500) ÷ (9,425,300 + 9,373,600 + 9,168,300 + 8,719,800) = 16.64%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Starbucks Corp. operating profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Net Profit Margin

Starbucks Corp., net profit margin calculation (quarterly data)

Microsoft Excel
Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Jan 1, 2023 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Jan 2, 2022 Oct 3, 2021 Jun 27, 2021 Mar 28, 2021 Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017
Selected Financial Data (US$ in thousands)
Net earnings (loss) attributable to Starbucks 1,024,400 1,219,300 1,141,700 908,300 855,200 878,300 912,900 674,500 815,900 1,764,300 1,153,400 659,400 622,200 392,600 (678,400) 328,400 885,700 802,600 1,372,800 663,200 760,600 755,500 852,500 660,100 2,250,200
Net revenues 9,425,300 9,373,600 9,168,300 8,719,800 8,713,900 8,414,200 8,150,100 7,635,600 8,050,400 8,146,700 7,496,500 6,668,000 6,749,400 6,203,100 4,222,100 5,995,700 7,097,100 6,747,000 6,823,000 6,305,900 6,632,700 6,303,700 6,310,300 6,031,800 6,073,700
Profitability Ratio
Net profit margin1 11.70% 11.46% 10.80% 10.46% 10.09% 10.18% 13.03% 14.07% 14.47% 14.45% 10.43% 4.18% 2.87% 3.95% 5.56% 12.71% 13.81% 13.58% 13.63% 11.86% 11.98% 18.28%
Benchmarks
Net Profit Margin, Competitors2
Airbnb Inc. 48.32% 56.87% 25.31% 23.30% 22.54% 20.29% 16.91% 12.12% -5.88%
Booking Holdings Inc. 20.07% 25.70% 23.04% 22.14% 17.89% 15.24% 10.54% 4.16% 10.63% 4.15% 5.77% 12.44% 0.87% 15.68% 22.52% 23.43% 32.29%
Carnival Corp. & plc 1.79% -0.34% -8.11% -19.83% -32.68% -50.07% -74.00% -156.78% -268.73% -497.96% -1,385.69% -6,426.76% -1,373.56% -182.95% -73.40% -17.53% 8.94% 14.36% 14.93% 15.08% 16.03% 16.69%
Chipotle Mexican Grill Inc. 12.45% 12.27% 12.00% 11.49% 10.41% 9.61% 9.28% 8.74% 8.65% 9.88% 8.57% 6.44% 5.94% 4.08% 4.55% 5.95% 6.27%
McDonald’s Corp. 33.22% 33.31% 33.06% 29.36% 26.65% 25.41% 25.77% 29.93% 32.49% 32.33% 31.72% 26.31% 24.63% 25.60% 24.78% 27.86% 28.59%

Based on: 10-Q (reporting date: 2023-12-31), 10-K (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-Q (reporting date: 2023-01-01), 10-K (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-Q (reporting date: 2022-01-02), 10-K (reporting date: 2021-10-03), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-Q (reporting date: 2017-12-31).

1 Q1 2024 Calculation
Net profit margin = 100 × (Net earnings (loss) attributable to StarbucksQ1 2024 + Net earnings (loss) attributable to StarbucksQ4 2023 + Net earnings (loss) attributable to StarbucksQ3 2023 + Net earnings (loss) attributable to StarbucksQ2 2023) ÷ (Net revenuesQ1 2024 + Net revenuesQ4 2023 + Net revenuesQ3 2023 + Net revenuesQ2 2023)
= 100 × (1,024,400 + 1,219,300 + 1,141,700 + 908,300) ÷ (9,425,300 + 9,373,600 + 9,168,300 + 8,719,800) = 11.70%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Starbucks Corp. net profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Return on Equity (ROE)

Starbucks Corp., ROE calculation (quarterly data)

Microsoft Excel
Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Jan 1, 2023 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Jan 2, 2022 Oct 3, 2021 Jun 27, 2021 Mar 28, 2021 Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017
Selected Financial Data (US$ in thousands)
Net earnings (loss) attributable to Starbucks 1,024,400 1,219,300 1,141,700 908,300 855,200 878,300 912,900 674,500 815,900 1,764,300 1,153,400 659,400 622,200 392,600 (678,400) 328,400 885,700 802,600 1,372,800 663,200 760,600 755,500 852,500 660,100 2,250,200
Shareholders’ equity (deficit) (8,616,000) (7,994,800) (8,348,600) (8,506,900) (8,673,800) (8,706,600) (8,666,500) (8,768,000) (8,457,200) (5,321,200) (6,800,800) (7,654,000) (7,909,700) (7,805,100) (8,621,600) (7,530,100) (6,759,900) (6,232,200) (4,320,600) (5,036,900) (2,884,900) 1,169,500 3,990,700 4,711,200 5,752,100
Profitability Ratio
ROE1 386.34%
Benchmarks
ROE, Competitors2
Airbnb Inc. 58.69% 59.85% 45.46% 38.34% 34.05% 29.40% 23.80% 16.92% -7.37%
Booking Holdings Inc. 374.67% 109.92% 66.51% 38.58% 11.89% 18.86% 6.89% 8.63% 14.76% 1.21% 28.39% 63.62% 88.78% 82.00%
Carnival Corp. & plc 6.06% -1.08% -23.33% -59.13% -79.34% -86.24% -84.91% -111.15% -91.35% -78.24% -61.25% -51.05% -57.68% -49.80% -38.92% -14.17% 7.71% 11.79% 12.10% 12.39% 12.78% 12.90%
Chipotle Mexican Grill Inc. 40.13% 40.55% 40.27% 41.60% 37.97% 34.75% 35.10% 32.06% 28.42% 30.74% 26.97% 19.38% 17.61% 13.14% 14.99% 20.24% 20.81%
McDonald’s Corp.

Based on: 10-Q (reporting date: 2023-12-31), 10-K (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-Q (reporting date: 2023-01-01), 10-K (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-Q (reporting date: 2022-01-02), 10-K (reporting date: 2021-10-03), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-Q (reporting date: 2017-12-31).

1 Q1 2024 Calculation
ROE = 100 × (Net earnings (loss) attributable to StarbucksQ1 2024 + Net earnings (loss) attributable to StarbucksQ4 2023 + Net earnings (loss) attributable to StarbucksQ3 2023 + Net earnings (loss) attributable to StarbucksQ2 2023) ÷ Shareholders’ equity (deficit)
= 100 × (1,024,400 + 1,219,300 + 1,141,700 + 908,300) ÷ -8,616,000 =

2 Click competitor name to see calculations.


Return on Assets (ROA)

Starbucks Corp., ROA calculation (quarterly data)

Microsoft Excel
Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Jan 1, 2023 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Jan 2, 2022 Oct 3, 2021 Jun 27, 2021 Mar 28, 2021 Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017
Selected Financial Data (US$ in thousands)
Net earnings (loss) attributable to Starbucks 1,024,400 1,219,300 1,141,700 908,300 855,200 878,300 912,900 674,500 815,900 1,764,300 1,153,400 659,400 622,200 392,600 (678,400) 328,400 885,700 802,600 1,372,800 663,200 760,600 755,500 852,500 660,100 2,250,200
Total assets 29,179,700 29,445,500 28,733,000 28,609,000 28,256,100 27,978,400 28,156,200 29,021,500 28,833,900 31,392,600 29,476,800 28,371,700 29,968,400 29,374,500 29,140,600 27,478,900 27,731,300 19,219,600 20,894,400 17,641,900 19,981,300 24,156,400 17,182,100 17,553,500 18,518,500
Profitability Ratio
ROA1 14.71% 14.01% 13.17% 12.43% 11.75% 11.73% 14.80% 15.19% 15.24% 13.38% 9.59% 3.51% 2.22% 3.16% 4.59% 12.33% 13.43% 18.73% 17.00% 17.19% 15.16% 18.70%
Benchmarks
ROA, Competitors2
Airbnb Inc. 23.21% 25.47% 10.85% 10.13% 11.80% 10.13% 6.55% 4.70% -2.57%
Booking Holdings Inc. 17.62% 20.68% 16.78% 15.96% 12.06% 11.06% 6.30% 2.32% 4.93% 1.64% 1.73% 2.97% 0.27% 6.30% 12.17% 19.04% 22.73%
Carnival Corp. & plc 0.81% -0.15% -3.26% -6.69% -9.42% -11.78% -13.70% -17.33% -17.68% -17.81% -17.01% -16.57% -19.97% -19.10% -14.94% -5.93% 3.99% 6.64% 6.95% 6.71% 7.05% 7.43%
Chipotle Mexican Grill Inc. 15.27% 14.79% 14.75% 14.64% 12.98% 11.86% 11.55% 10.58% 9.81% 10.72% 9.28% 6.61% 5.95% 4.21% 4.76% 6.50% 6.86%
McDonald’s Corp. 15.08% 16.00% 15.86% 13.22% 12.25% 12.19% 12.35% 13.98% 14.01% 13.81% 13.29% 10.10% 8.99% 9.72% 9.55% 11.48% 12.68%

Based on: 10-Q (reporting date: 2023-12-31), 10-K (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-Q (reporting date: 2023-01-01), 10-K (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-Q (reporting date: 2022-01-02), 10-K (reporting date: 2021-10-03), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-Q (reporting date: 2017-12-31).

1 Q1 2024 Calculation
ROA = 100 × (Net earnings (loss) attributable to StarbucksQ1 2024 + Net earnings (loss) attributable to StarbucksQ4 2023 + Net earnings (loss) attributable to StarbucksQ3 2023 + Net earnings (loss) attributable to StarbucksQ2 2023) ÷ Total assets
= 100 × (1,024,400 + 1,219,300 + 1,141,700 + 908,300) ÷ 29,179,700 = 14.71%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Starbucks Corp. ROA improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.