Starbucks Corporation (SBUX) financial statements (2022 and earlier)

Company profile

Business Address P O BOX 34067
SEATTLE, WA 98124-1067
State of Incorp. WA
Fiscal Year End September 30
SIC 581 - Eating And Drinking Places (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q1
9/30/2021
Q4
6/30/2021
Q3
3/31/2021
Q2
12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,0576,6184,9074,0045,2644,6324,196
Cash and cash equivalents3,9696,4564,7533,8815,0284,3513,966
Short-term investments87162154123236281230
Receivables1,0539699791,0611,2211,2691,311
Inventory, net of allowances, customer advances and progress billings1,6371,6041,5481,5041,4721,5511,584
Inventory1,6371,6041,5481,5041,4721,5511,584
Prepaid expense410402336253253228277
Other undisclosed current assets99165162159149126214
Total current assets:7,2559,7567,9326,9808,3587,8067,581
Noncurrent Assets
Operating lease, right-of-use asset8,2038,2368,0658,0378,1998,1348,214
Property, plant and equipment6,3986,3706,1516,1236,1786,2416,296
Long-term investments and receivables 216   426 
Long-term investments 216   426 
Intangible assets, net (including goodwill)3,9784,0274,0704,1034,2134,1494,110
Goodwill3,6763,6773,6723,6593,7073,5973,510
Intangible assets, net (excluding goodwill)303350398444506552600
Other noncurrent assets588579586575541569551
Other undisclosed noncurrent assets2,4112,2092,6722,5542,4792,0482,390
Total noncurrent assets:21,57921,63621,54521,39221,61121,56821,560
TOTAL ASSETS:28,83431,39329,47728,37229,96829,37529,141
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,7924,3053,8643,5683,5032,9533,116
Accounts payable1,2891,2121,1271,0341,051998861
Accrued liabilities2,4441,9731,7911,7721,6171,1611,512
Employee-related liabilities664772741646685696652
Taxes payable3943482051171509891
Deferred revenue2,0711,5961,6281,6221,8711,4571,463
Debt1,199999999181,2431,6892,186
Deferred compensation liability 105   91 
Other undisclosed current liabilities8591,1461,3081,2961,2681,1571,237
Total current liabilities:8,9218,1517,8006,5057,8847,3478,002
Noncurrent Liabilities
Long-term debt and lease obligation21,29421,35521,21722,20822,42822,32122,299
Long-term debt, excluding current maturities13,58613,61713,61914,63014,67414,66014,646
Operating lease, liability7,7087,7387,5987,5787,7557,6627,654
Liabilities, other than long-term debt6,4616,7506,5166,5606,6306,7456,681
Deferred revenue6,4486,4636,4916,5326,5986,5996,643
Asset retirement obligations 117   111 
Deferred income tax liabilities 149     
Derivative instruments and hedges, liabilities14222428333638
Other undisclosed noncurrent liabilities608451739747930761783
Total noncurrent liabilities:28,36328,55628,47129,51529,98929,82729,763
Total liabilities:37,28436,70736,27136,02037,87237,17437,765
Stockholders' equity
Stockholders' equity attributable to parent(8,457)(5,321)(6,801)(7,654)(7,910)(7,805)(8,622)
Common stock1111111
Additional paid in capital41846729595489374115
Accumulated other comprehensive income (loss)254147(30)(126)(146)(365)(530)
Accumulated deficit(8,753)(6,316)(7,502)(8,124)(8,254)(7,816)(8,208)
Stockholders' equity attributable to noncontrolling interest777666(3)
Total stockholders' equity:(8,450)(5,315)(6,794)(7,648)(7,904)(7,799)(8,624)
TOTAL LIABILITIES AND EQUITY:28,83431,39329,47728,37229,96829,37529,141

Income statement (P&L) ($ in millions)

12/31/2021
Q1
9/30/2021
Q4
6/30/2021
Q3
3/31/2021
Q2
12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
Revenues8,0508,1477,4976,6686,7496,2034,222
Cost of revenue(5,927)(5,765)(5,173)(4,816)(4,916)(4,660)(4,022)
Gross profit:2,1242,3822,3241,8521,8331,543200
Operating expenses(986)(1,020)(940)(942)(1,002)(1,097)(973)
Other undisclosed operating income40120106778311268
Operating income (loss):1,1781,4821,489988914558(704)
Interest and debt expense(115)(121)(113)(115)(121)(125)(121)
Income (loss) from continuing operations before equity method investments, income taxes:1,0631,3621,375873793433(825)
Other undisclosed income (loss) from continuing operations before income taxes(0)886361716913
Income (loss) from continuing operations before income taxes:1,0622,2481,411890808442(812)
Income tax expense (benefit)(246)(483)(257)(231)(186)(50)134
Net income (loss):8161,7651,154659622393(678)
Net loss attributable to noncontrolling interest(0)(0)(1)  (0)(0)
Net income (loss) available to common stockholders, diluted:8161,7641,153659622393(678)

Comprehensive Income ($ in millions)

12/31/2021
Q1
9/30/2021
Q4
6/30/2021
Q3
3/31/2021
Q2
12/31/2020
Q1
9/30/2020
Q4
6/30/2020
Q3
Net income (loss):8161,7651,154659622393(678)
Other comprehensive income (loss)1061779720219165(8)
Comprehensive income (loss):9221,9421,251679841558(686)
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)(0)(1)  (0)(0)
Comprehensive income (loss), net of tax, attributable to parent:9221,9411,250679841558(687)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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