Starbucks (SBUX) Return on Invested Capital [ROIC] (2009 - 2026)
Starbucks (SBUX) posted Return on Invested Capital [ROIC] of 31.38% for fiscal Q3 2026 (quarter ended Jun 28, 2026), down 2.17 percentage points from 33.55% a year earlier but up 6.64 percentage points from the prior quarter.
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Analysis
Starbucks (SBUX) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 28, 2025), Starbucks' Return on Invested Capital [ROIC] came in at 27.01%, down 25.70 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +8.61 percentage points (FY2020 to FY2025).
- In prior fiscal years, Starbucks' Return on Invested Capital [ROIC] was 52.70% in FY2024 (-12.47 pp), 65.17% in FY2023 (+19.37 pp), 45.80% in FY2022 (+2.99 pp) and 42.80% in FY2021 (+24.41 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of 21.00% in fiscal Q1 2026 to a high of 67.18% in fiscal Q1 2024 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last eight quarters, with an average year-over-year change of -19.16 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was fiscal Q2 2022, with a gain of 41.58 percentage points; the weakest was fiscal Q4 2025, with a drop of 27.27 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was 24.74% (Q2 2026), 21.00% (Q1 2026) and 24.69% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.75 Bn | 166.57 Bn | 6.42 Bn | 25.90% |
| 2 | Starbucks | 109.77 Bn | 97.39 Bn | - | 31.38% |
| 3 | Yum Brands | 41.45 Bn | 38.34 Bn | 1.47 Bn | 54.94% |
| 4 | Chipotle Mexican Grill | 39.14 Bn | 35.12 Bn | - | - |
| 5 | Restaurant Brands International | 25.78 Bn | 21.34 Bn | 1.38 Bn | 12.13% |
| 6 | Darden Restaurants | 24.33 Bn | 23.43 Bn | 1.68 Bn | 32.95% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 12.13% |
| 8 | Yum China Holdings | 15.56 Bn | 9.22 Bn | 537.00 Mn | 16.46% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 26.02% |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 31.38% |
| Mar 29, 2026 | 24.74% |
| Dec 28, 2025 | 21.00% |
| Sep 28, 2025 | 24.69% |
| Jun 29, 2025 | 33.55% |
| Mar 30, 2025 | 43.02% |
| Dec 29, 2024 | 47.44% |
| Sep 29, 2024 | 51.95% |
| Jun 30, 2024 | 59.59% |
| Mar 31, 2024 | 66.39% |
| Dec 31, 2023 | 67.18% |
| Oct 1, 2023 | 61.89% |
| Jul 2, 2023 | 58.76% |
| Apr 2, 2023 | 58.70% |
| Jan 1, 2023 | 57.47% |
| Oct 2, 2022 | 55.91% |
| Jul 3, 2022 | 55.41% |
| Apr 3, 2022 | 59.12% |
| Jan 2, 2022 | 51.45% |
| Oct 3, 2021 | 44.61% |
API Access
Starbucks Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=SBUX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=SBUX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();