Starbucks (SBUX) Return on Capital Employed [ROCE] (2009 - 2026)
Starbucks (SBUX) posted Return on Capital Employed [ROCE] of 15.26% for fiscal Q3 2026 (quarter ended Jun 28, 2026), down 3.18 percentage points from 18.44% a year earlier but up 0.56 percentage points from the prior quarter.
Starbucks (SBUX) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 28, 2025), Starbucks' Return on Capital Employed [ROCE] came in at 13.68%, down 11.69 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +4.46 percentage points (FY2020 to FY2025).
- In prior fiscal years, Starbucks' Return on Capital Employed [ROCE] was 25.37% in FY2024 (-4.95 pp), 30.31% in FY2023 (+7.83 pp), 22.49% in FY2022 (+0.57 pp) and 21.91% in FY2021 (+12.70 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of 12.98% in fiscal Q4 2025 to a high of 30.64% in fiscal Q1 2024 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last nine quarters, with an average year-over-year change of -7.20 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q1 2022, with a gain of 18.48 percentage points; the weakest was fiscal Q4 2025, with a drop of 12.00 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was 14.71% (Q2 2026), 13.11% (Q1 2026) and 12.98% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 22.88% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 15.26% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 65.06% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 24.21% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 11.51% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 15.87% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 11.51% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 16.42% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 17.04% |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 15.26% |
| Mar 29, 2026 | 14.71% |
| Dec 28, 2025 | 13.11% |
| Sep 28, 2025 | 12.98% |
| Jun 29, 2025 | 18.44% |
| Mar 30, 2025 | 21.31% |
| Dec 29, 2024 | 23.05% |
| Sep 29, 2024 | 24.98% |
| Jun 30, 2024 | 26.29% |
| Mar 31, 2024 | 27.02% |
| Dec 31, 2023 | 30.64% |
| Oct 1, 2023 | 29.73% |
| Jul 2, 2023 | 27.55% |
| Apr 2, 2023 | 26.26% |
| Jan 1, 2023 | 24.87% |
| Oct 2, 2022 | 24.41% |
| Jul 3, 2022 | 24.30% |
| Apr 3, 2022 | 25.72% |
| Jan 2, 2022 | 24.24% |
| Oct 3, 2021 | 21.86% |
Starbucks Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=SBUX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "SBUX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=SBUX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();