KPIs & Operating Metrics(New)
Growth Metrics

Starbucks (SBUX) Net Margin (2016 - 2025)

Starbucks (SBUX) has disclosed Net Margin for 17 consecutive years, with 2.96% as the latest value for Q4 2025.

  • Quarterly Net Margin fell 535.0% to 2.96% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 3.63% through Dec 2025, down 610.0% year-over-year, with the annual reading at 4.99% for FY2025, 541.0% down from the prior year.
  • Net Margin for Q4 2025 was 2.96% at Starbucks, up from 1.39% in the prior quarter.
  • The five-year high for Net Margin was 21.66% in Q4 2021, with the low at 1.39% in Q3 2025.
  • Average Net Margin over 5 years is 9.89%, with a median of 10.08% recorded in 2024.
  • The sharpest move saw Net Margin soared 3146bps in 2021, then crashed -1122bps in 2022.
  • Over 5 years, Net Margin stood at 21.66% in 2021, then crashed by -52bps to 10.44% in 2022, then rose by 4bps to 10.87% in 2023, then dropped by -24bps to 8.31% in 2024, then plummeted by -64bps to 2.96% in 2025.
  • According to Business Quant data, Net Margin over the past three periods came in at 2.96%, 1.39%, and 5.91% for Q4 2025, Q3 2025, and Q2 2025 respectively.