Starbucks (SBUX) Tax Rate (2009 - 2026)
Starbucks (SBUX) reported Tax Rate of 29.84% for Q1 2026, up 634.0% year-over-year from 4.07% in Q1 2025, and down 51.6% quarter-over-quarter from 61.66% in Q4 2025.
Starbucks (SBUX) Tax Rate (2009 - 2026) Analysis & Trends
Starbucks (SBUX) has 18 years of Tax Rate data on file, last reported at 29.84% in Q1 2026.
- Tax Rate for Q1 2026 came in at 29.84%, up 634.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 39.58% (up 1552.0% YoY), and the FY2025 annual result was 25.95%, up 165.0% from the prior year.
- Tax Rate retreated to 29.84% in Q1 2026 per SBUX's latest filing, from 61.66% in the prior quarter.
- Over five years, Tax Rate peaked at 61.66% in Q4 2025 and troughed at 18.73% in Q3 2025.
- A 5-year average of 26.13% and a median of 23.56% in 2024 frame the typical range for Tax Rate.
- On a YoY basis, Tax Rate climbed as much as 3805 bps in 2025 and fell as far as 507 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 20.21% in 2022, then gained by 27 bps to 25.72% in 2023, then dropped by 8 bps to 23.61% in 2024, then surged by 161 bps to 61.66% in 2025, then plunged by 52 bps to 29.84% in 2026.
- Business Quant data shows SBUX's Tax Rate at 29.84% in Q1 2026, 61.66% in Q4 2025, and 18.73% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 29.84 |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 25.38 |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 16.28 |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 7.87 |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 12.95 |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 27.21 |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 14.31 |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 22.60 |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 19.05 |
| 10 | Dutch Bros | 8.99 Bn | 8.95 Bn | 107.48 Mn | 12.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 29.84% |
| Mar 29, 2026 | 29.84% |
| Dec 28, 2025 | 61.66% |
| Dec 28, 2025 | 61.66% |
| Sep 28, 2025 | 18.73% |
| Sep 28, 2025 | 18.73% |
| Jun 29, 2025 | 31.80% |
| Jun 29, 2025 | 31.80% |
| Mar 30, 2025 | 23.50% |
| Mar 30, 2025 | 23.50% |
| Dec 29, 2024 | 23.61% |
| Dec 29, 2024 | 23.61% |
| Sep 29, 2024 | 23.80% |
| Sep 29, 2024 | 23.80% |
| Jun 30, 2024 | 24.82% |
| Jun 30, 2024 | 24.82% |
| Mar 31, 2024 | 22.16% |
| Mar 31, 2024 | 22.16% |
| Dec 31, 2023 | 25.72% |
| Dec 31, 2023 | 25.72% |