Starbucks (SBUX) Operating Leases (2019 - 2026)
Starbucks' (SBUX) quarterly Operating Leases came in at $8.0 billion in Q1 2026, down 10.62% year-on-year from $9.0 billion in Q1 2025, and little changed on a QoQ basis from $8.0 billion in Q4 2025.
Starbucks (SBUX) Operating Leases (2019 - 2026) Analysis & Trends
Starbucks (SBUX) has 8 years of Operating Leases data on file, last reported at $8.0 billion in Q1 2026.
- On a quarterly basis, Operating Leases fell 10.62% year-over-year to $8.0 billion in Q1 2026; TTM through Mar 2026 was $8.0 billion, a 10.62% decrease from a year earlier, with the FY2025 full-year figure at $9.0 billion, up 2.29% from the prior year.
- Operating Leases for Q1 2026 stood at $8.0 billion, roughly flat from $8.0 billion in the prior quarter.
- Over the last five years, Operating Leases for SBUX reached as high as $9.7 billion in Q2 2024 and fell as low as $7.5 billion in Q4 2022.
- Historically, Operating Leases has averaged $8.7 billion across 5 years, with a median of $8.9 billion in 2023.
- Across the five-year window, Operating Leases declined 12.29% in 2023 and gained 26.34% in 2024, its largest moves.
- Year by year, Operating Leases stood at $7.5 billion in 2022, then advanced by 25.72% to $9.4 billion in 2023, then declined by 6.26% to $8.9 billion in 2024, then slipped by 9.14% to $8.0 billion in 2025, then slipped by 0.49% to $8.0 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $8.0 billion in Q1 2026, $8.0 billion in Q4 2025, and $9.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn |
| 10 | Brinker International | 7.99 Bn | 7.93 Bn | 1.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 8.01 Bn |
| Dec 28, 2025 | 8.05 Bn |
| Sep 28, 2025 | 8.97 Bn |
| Jun 29, 2025 | 9.07 Bn |
| Mar 30, 2025 | 8.96 Bn |
| Dec 29, 2024 | 8.86 Bn |
| Sep 29, 2024 | 8.77 Bn |
| Jun 30, 2024 | 9.72 Bn |
| Mar 31, 2024 | 8.18 Bn |
| Dec 31, 2023 | 9.45 Bn |
| Oct 1, 2023 | 7.92 Bn |
| Jul 2, 2023 | 7.69 Bn |
| Apr 2, 2023 | 9.02 Bn |
| Jan 1, 2023 | 8.89 Bn |
| Oct 2, 2022 | 7.52 Bn |
| Jul 3, 2022 | 8.77 Bn |
| Apr 3, 2022 | 8.90 Bn |
| Jan 2, 2022 | 8.96 Bn |
| Oct 3, 2021 | 7.74 Bn |
| Jun 27, 2021 | 8.91 Bn |