Starbucks SBUX
NASDAQ SBUX
$96.88 +3.63 (+3.89%)
At close: Oct 15, 2026 · 4:00 PM EDT

Starbucks (SBUX) Tax Rate (2009 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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%
API Access

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