Starbucks (SBUX) Tax Rate (2009 - 2026)
Starbucks (SBUX) recorded Tax Rate of 26.38% in fiscal Q3 2026 (quarter ended Jun 28, 2026), down 5.42 percentage points from 31.80% a year earlier and down 3.47 percentage points from the prior quarter.
Starbucks (SBUX) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Starbucks' Tax Rate came in at 35.56% as of Jun 28, 2026, up 10.01 percentage points year-over-year; for FY2025 (ended Sep 28, 2025), it was 25.95%, up 1.65 percentage points from FY2024.
- Annual Tax Rate has increased for six straight fiscal years, with a five-year change of +5.36 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Tax Rate came in at 24.29% in FY2024 (+0.65 pp), 23.64% in FY2023 (+1.23 pp), 22.41% in FY2022 (+0.82 pp) and 21.59% in FY2021 (+1.01 pp).
- Quarterly Tax Rate has ranged from 18.73% in fiscal Q4 2025 to 61.66% in fiscal Q1 2026 over the past five years.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +5.06 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 38.05 percentage points in fiscal Q1 2026, against a drop of 5.42 percentage points in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 29.84% (Q2 2026), 61.66% (Q1 2026) and 18.73% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 19.55% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 26.38% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | - |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 24.33% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | - |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 12.90% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | - |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 25.99% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 13.53% |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 26.38% |
| Mar 29, 2026 | 29.84% |
| Dec 28, 2025 | 61.66% |
| Sep 28, 2025 | 18.73% |
| Jun 29, 2025 | 31.80% |
| Mar 30, 2025 | 23.50% |
| Dec 29, 2024 | 23.61% |
| Sep 29, 2024 | 23.80% |
| Jun 30, 2024 | 24.82% |
| Mar 31, 2024 | 22.16% |
| Dec 31, 2023 | 25.72% |
| Oct 1, 2023 | 23.46% |
| Jul 2, 2023 | 22.02% |
| Apr 2, 2023 | 24.91% |
| Jan 1, 2023 | 24.65% |
| Oct 2, 2022 | 20.21% |
| Jul 3, 2022 | 23.36% |
| Apr 3, 2022 | 22.95% |
| Jan 2, 2022 | 23.18% |
| Oct 3, 2021 | 21.49% |
Starbucks Tax Rate 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=tax-rate&ticker=SBUX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SBUX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();