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Starbucks (SBUX) Operating Margin: 2009-2025

Historic Operating Margin for Starbucks (SBUX) over the last 17 years, with Sep 2025 value amounting to 2.91%.

  • Starbucks' Operating Margin fell 1150.00% to 2.91% in Q3 2025 from the same period last year, while for Sep 2025 it was 7.90%, marking a year-over-year decrease of 705.00%. This contributed to the annual value of 7.90% for FY2025, which is 705.00% down from last year.
  • Starbucks' Operating Margin amounted to 2.91% in Q3 2025, which was down 70.62% from 9.89% recorded in Q2 2025.
  • In the past 5 years, Starbucks' Operating Margin registered a high of 19.86% during Q2 2021, and its lowest value of 2.91% during Q3 2025.
  • In the last 3 years, Starbucks' Operating Margin had a median value of 14.39% in 2024 and averaged 13.03%.
  • Per our database at Business Quant, Starbucks' Operating Margin skyrocketed by 3,653bps in 2021 and then tumbled by 1,150bps in 2025.
  • Over the past 5 years, Starbucks' Operating Margin (Quarterly) stood at 18.19% in 2021, then tumbled by 399bps to 14.21% in 2022, then soared by 138bps to 15.76% in 2023, then plummeted by 382bps to 11.94% in 2024, then crashed by 1,150bps to 2.91% in 2025.
  • Its Operating Margin was 2.91% in Q3 2025, compared to 9.89% in Q2 2025 and 6.86% in Q1 2025.