OverviewSuggest Edit

Starbucks is a company operating as a roaster, marketer, and retailer of specialty coffee. It operates in three segments: Americas, International, and Channel Development. The company offers coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, and iced tea; and various food products, such as pastries, breakfast sandwiches, and lunch items. Starbucks also licenses its trademarks through licensed stores, and grocery and foodservice accounts. It offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brand names.
TypePublic
Founded1971
HQSeattle, WA, US
Websitestarbucks.com
Employee Ratings3.8
Overall CultureA

Latest Updates

Employees (est.) (Sept 2020)349,000
Revenue (FY, 2020)$23.5 B(-11%)
Share Price (Jul 2021)$121.4
Cybersecurity ratingBMore

Key People/Management at Starbucks

Howard Schultz

Howard Schultz

Executive Chairman
Kelly Bengston

Kelly Bengston

Senior Vice President, Chief Procurement Officer, Global Sourcing
Mary N. Dillon

Mary N. Dillon

Director
Luigi Bonini

Luigi Bonini

Senior Vice President, Global Product Innovation
Isabel Ge Mahe

Isabel Ge Mahe

Director
Brady Brewer

Brady Brewer

Executive Vice President, Chief Marketing Officer
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Starbucks Office Locations

Starbucks has offices in Seattle, Augusta, San Angelo, Vicente López and in 17 other locations
Seattle, WA, US (HQ)
2401 Utah Ave S
Vicente López, AR
Av. del Libertador 1295
Cremorne, AU
Office 2/658 Church St
Wien, AT
Theobaldgasse 20
Bandar Seri Begawan, BN
Berjaya Food Supreme Sdn Bhd, 95 Jalan Pemancha
Toronto, CA
5140 Yonge St, North York
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Starbucks Financials and Metrics

Starbucks Revenue

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Starbucks's revenue was reported to be $23.52 b in FY, 2020 which is a 11.3% decrease from the previous period.
USD

Revenue (Q2, 2021)

6.7b

Gross profit (Q2, 2021)

4.7b

Gross profit margin (Q2, 2021), %

70.1%

Net income (Q2, 2021)

659.4m

EBIT (Q2, 2021)

987.6m

Market capitalization (30-Jul-2021)

143.1b

Closing stock price (30-Jul-2021)

121.4

Cash (28-Mar-2021)

3.9b

EV

162.7b
Starbucks's current market capitalization is $143.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

24.7b26.5b23.5b

Revenue growth, %

10%7%(11%)

Cost of goods sold

10.2b8.5b7.7b

Gross profit

14.5b18.0b15.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

6.6b6.3b6.8b7.1b6.0b4.2b6.7b6.7b

Cost of goods sold

2.8b2.6b2.8b2.2b2.0b1.5b2.0b2.0b

Gross profit

3.9b3.7b4.0b4.9b4.0b2.7b4.7b4.7b

Gross profit Margin, %

58%59%59%68%67%65%70%70%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

8.8b2.7b4.4b

Accounts Receivable

693.1m879.2m883.4m

Prepaid Expenses

1.5b488.2m739.5m

Inventories

1.4b1.5b1.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

4.8b2.1b4.8b3.0b2.6b4.0b5.0b3.9b

Accounts Receivable

721.4m703.6m790.6m908.1m941.0m881.1m888.0m880.2m

Prepaid Expenses

608.5m674.0m591.6m474.0m691.5m920.3m734.4m592.0m

Inventories

1.4b1.4b1.5b1.4b1.5b1.6b1.5b1.5b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

4.5b3.6b924.7m

Depreciation and Amortization

1.3b1.4b1.5b

Inventories

(41.2m)(173.0m)(10.9m)

Accounts Payable

391.6m31.9m(210.8m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

760.4m1.4b2.8b885.3m1.2b532.0m622.2m1.3b

Depreciation and Amortization

350.8m723.5m1.1b369.2m746.9m1.1b388.4m772.9m

Inventories

44.8m(51.0m)(140.5m)122.8m36.9m(51.7m)90.1m51.3m

Accounts Payable

(21.3m)(83.4m)(70.1m)(110.3m)(186.4m)(320.3m)24.8m21.3m
USDFY, 2018

EV/EBIT

19.9 x

EV/CFO

6.5 x

Revenue/Employee

87.0k

Debt/Equity

8 x

Debt/Assets

0.4 x

Financial Leverage

20.5 x

P/E Ratio

17.5
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Starbucks Operating Metrics

Starbucks's Stores was reported to be 32.9 k in Q2, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Stores

29.32 k29.87 k30.18 k30.63 k31.26 k31.8 k32.05 k32.18 k32.66 k32.94 k32.94 k

Licensed Stores

13.98 k14.25 k14.53 k15.12 k15.42 k15.72 k15.86 k15.91 k16.02 k16.2 k16.29 k

Countries

78788081828283838383

Total Farms

380 k
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Starbucks Acquisitions / Subsidiaries

Company NameDateDeal Size
TeavanaJanuary 02, 2013$620 m
La BoulangeJune 04, 2012
Evolution FreshNovember 10, 2011
AmRest Coffee Sp. z o. o.
AmRest Coffee s.r.o.
AmRest Kavezo Kft.
Association Centro de Assessoria e Suporte da Starbucks Brazil
Bay Bread LLC
Beijing Starbucks Coffee Co., Ltd.
Chengdu Starbucks Coffee Company Limited
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Starbucks Revenue Breakdown

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Starbucks revenue breakdown by business segment: 8.6% from CPG, Foodservice and Other, 9.9% from Licensed Stores and 81.5% from Company-operated Stores

Starbucks revenue breakdown by geographic segment: 11.0% from China, 17.2% from Other Countries and 71.8% from United States

Human Capital Metrics

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Starbucks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Starbucks Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Starbucks Online and Social Media Presence

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Starbucks Company Culture

  • Overall Culture

    A

    75/100

  • CEO Rating

    B

    72/100

  • Compensation

    B

    73/100

  • Diversity

    A-

    76/100

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Starbucks News and Updates

Starbucks is immune to the recent spike in coffee prices thanks to a common yet brilliant business strategy

Summary List PlacementPrices are going up for ingredients and food across the retail industry, but Starbucks says it has coffee prices locked in for months. Starbucks buys coffee beans using a method called hedging. Basically, Starbucks locks in a price to buy coffee beans over an agreed-upon futu…

This Week In Credit Card News: Square Targets Small Business Banking; Do You Have Unspent Starbucks Gift Cards?

What took place this week in the credit card and payment industries

Watch a viral TikTok video of order stickers piling up at a Starbucks store. 'This was literally 10 minutes after opening,' the barista says.

Summary List PlacementA video posted to TikTok shows a Starbucks store apparently flooded with orders within minutes of opening. The video shows a long line of about 25 order stickers on a countertop. The barista recording the video is laughing, while others can be heard saying "oh my God" in the …

3 in 4 drinks Starbucks sells are now cold rather than hot. One barista said the coffee chain was becoming a 'frappuccino factory.'

Summary List PlacementStarbucks is selling way more cold drinks than hot coffee – so much so that it's becoming a "frappuccino factory," according to one employee. Cold drinks made up 74% of Starbucks' total beverage sales in the third quarter, up from 64% two years ago, CEO Kevin Johnson said on …

People are spending more money at Starbucks than ever before by ordering complicated drinks, cold beverages, and food

Summary List PlacementAmericans are placing bigger Starbucks orders than ever before. Starbucks posted its highest-ever quarterly revenues Tuesday, which the chain credited to more customers ordering complicated drinks and cold beverages, as well as a record number of people adding food to their o…

Starbucks Slips as Slowing China Growth Outweighs U.S. Boom

Starbucks Posts U.S. Sales Beat, But China Performance Lags
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Starbucks Blogs

Starbucks Delivers expands in U.S. powered by Uber Eats

Delivery service begins today in San Francisco, will expand to Boston, Chicago, Los Angeles, New York and Washington, D.C. Starbucks U.S. expansion joins delivery initiatives in China, Japan, India, Hong Kong, Singapore, Indonesia, Vietnam, Mexico, and Chile, tapping into global $95 billion online…

Starbucks Mexico opens its second store operated exclusively by older citizens

Located in Chapalita Oriente in the state of Jalisco, the store will be operated by partners age 52 to 66 This is the second Starbucks store to be staffed by older partners; the first opened in Mexico City last year Starbucks aims to provide employment for 120 older citizens in Mexico by the end o…

Top 9 Things to Know about Starbucks Dewata Coffee Sanctuary

By Kylie Grader / Starbucks Today, Starbucks celebrates the journey of coffee from seed-to-cup by opening its largest destination in Southeast Asia – the Starbucks Dewata Coffee Sanctuary. 1. Original logo   Starbucks opens the Dewata Coffee Sanctuary with an original logo, crafted in the G…

Starbucks Opens One-of-a-Kind Coffee Sanctuary in Bali, Indonesia

Starbucks Dewata Coffee Sanctuary becomes largest Starbucks destination in Southeast Asia New experiential retail format invites customers to embark on the seed-to-cup journey Indonesian craftsmanship and artwork pay tribute to one of coffee’s most extraordinary origin regions      To support th…

Five ways to meet your 2019 wellness goals at Starbucks

The new year often brings a renewed focus on healthful choices. Starbucks nutrition expert Kate Schenk, MS, CN shares her top five personal tips for wellness to jump start your 2019. “I’m not a fan of fad diets,” Schenk said. “It’s more about the long-term – finding balance and a sustainable way of…

Starbucks 2018: The year in pictures

By Joshua Trujillo / Starbucks Newsroom Starbucks is a coffee company that is all about people. It all starts with coffee – high-quality coffee served to customers around the globe. But it is the lens of humanity that has helped redefine the role of a for-profit company. In 2018, some of the compa…
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Starbucks Frequently Asked Questions

  • When was Starbucks founded?

    Starbucks was founded in 1971.

  • Who are Starbucks key executives?

    Starbucks's key executives are Howard Schultz, Kelly Bengston and Mary N. Dillon.

  • How many employees does Starbucks have?

    Starbucks has 349,000 employees.

  • What is Starbucks revenue?

    Latest Starbucks annual revenue is $23.5 b.

  • What is Starbucks revenue per employee?

    Latest Starbucks revenue per employee is $67.4 k.

  • Who are Starbucks competitors?

    Competitors of Starbucks include Dunkin' Donuts, McDonald's and Whitbread.

  • Where is Starbucks headquarters?

    Starbucks headquarters is located at 2401 Utah Ave S, Seattle.

  • Where are Starbucks offices?

    Starbucks has offices in Seattle, Augusta, San Angelo, Vicente López and in 17 other locations.

  • How many offices does Starbucks have?

    Starbucks has 22 offices.