Starbucks Corporation (SBUX) financial statements (2021 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)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,2644,6322,7578,9382,6912,2631,611
Cash and cash equivalents5,0284,3512,6878,7562,4622,1291,530
Short-term investments2362817118222913481
Receivables1,2211,2691,0201,649925825756
Inventory, net of allowances, customer advances and progress billings1,4721,5511,5291,4011,3641,3791,306
Inventory1,4721,5511,5291,4011,3641,3791,306
Prepaid expense253228347507   
Deferred tax assets   382
Other undisclosed current assets149126  304294298
Total current assets:8,3587,8065,65412,4945,2834,7614,353
Noncurrent Assets
Operating lease, right-of-use asset8,1998,134 
Property, plant and equipment6,1786,2416,4325,9294,9204,5344,088
Long-term investments and receivables 4263363351,0241,496665
Long-term investments 4263363351,0241,496665
Intangible assets, net (including goodwill)4,2134,1494,2734,5841,9812,2362,096
Goodwill3,7073,5973,4913,5421,5391,7201,575
Intangible assets, net (excluding goodwill)5065527821,042441516520
Other noncurrent assets541569480412363418416
Deferred tax assets, net135795885829
Other undisclosed noncurrent assets2,4792,0482,046268   
Total noncurrent assets:21,61121,56813,56611,6629,0829,5698,093
TOTAL ASSETS:29,96829,37519,22024,15614,36614,33012,446
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,5032,9534,9003,4782,7172,7303,523
Accounts payable1,0519981,1901,179783731684
Accrued liabilities1,6171,1611,7542,2981,9351,9991,761
Employee-related liabilities685696665   522
Taxes payable150981,292   259
Interest and dividends payable      297
Deferred revenue1,8711,4571,269
Debt1,2431,689 350 400 
Deferred compensation liability 91 102  98
Self insurance reserve   214215246225
Deferred revenue and credits1,2891,171984
Deferred tax liabilities   5
Other undisclosed current liabilities1,2681,157 1,541  (1,182)
Total current liabilities:7,8847,3476,1695,6844,2214,5473,654
Noncurrent Liabilities
Long-term debt and lease obligation22,42822,32111,1679,0903,9333,2022,348
Long-term debt, excluding current maturities14,67414,66011,1679,0903,9333,2022,348
Operating lease, liability7,7557,662 
Liabilities, other than long-term debt6,6306,7456,852314755690753
Deferred revenue6,5986,5996,744
Asset retirement obligations 1119682  60
Deferred tax liabilities, net270  68
Other liabilities    755690625
Derivative instruments and hedges, liabilities333612(39)   
Other undisclosed noncurrent liabilities9307611,2637,893  (128)
Total noncurrent liabilities:29,98929,82719,28217,2964,6883,8922,973
Total liabilities:37,87237,17425,45122,9818,9098,4396,626
Stockholders' equity
Stockholders' equity attributable to parent, including:(7,910)(7,805)(6,232)1,1705,4505,8845,818
Common stock1111122
Additional paid in capital4893744141414141
Accumulated other comprehensive loss(146)(365)(503)(330)(156)(108)(199)
Retained earnings (accumulated deficit)(8,254)(7,816)(5,771)1,4575,5635,9505,975
Other additional capital      39
Other undisclosed stockholders' equity attributable to parent      (39)
Stockholders' equity attributable to noncontrolling interest6616772
Total stockholders' equity:(7,904)(7,799)(6,231)1,1765,4575,8915,820
TOTAL LIABILITIES AND EQUITY:29,96829,37519,22024,15614,36614,33012,446

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

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Revenues23,17023,51826,50924,72022,38721,31619,163
Revenue, net22,38721,31619,163
Cost of revenue(18,317)(18,459)(19,021)(17,368)(15,532)(14,575)(12,580)
Cost of goods and services sold(1,998) (8,527)(10,175)(9,038)(8,511)(7,788)
Gross profit:4,8535,0597,4887,3526,8556,7416,582
Operating expenses(3,929)(3,820)(3,708)(3,770)(3,112)(2,887)(3,231)
Other undisclosed operating income331323298301391318250
Operating income:1,2551,5624,0783,8834,1354,1723,601
Nonoperating expense
(Investment Income, Nonoperating)
      (5)
Interest and debt expense(466)(437)(331)(170)(93)(81)(132)
Income from continuing operations before equity method investments, income taxes:7901,1253,7473,7134,0424,0913,465
Income from equity method investments      250
Other undisclosed income from continuing operations before income taxes39407192,067275108188
Income from continuing operations before income taxes:8291,1644,4665,7804,3184,1993,903
Income tax expense(167)(240)(872)(1,262)(1,433)(1,380)(1,144)
Net income:6629253,5954,5182,8852,8192,759
Net income (loss) attributable to noncontrolling interest3450(0)(1)(2)
Net income available to common stockholders, diluted:6659283,5994,5182,8852,8182,757

Comprehensive Income ($ in millions)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Net income:6629253,5954,5182,8852,8192,759
Other comprehensive income (loss)242134(173)(175)(47)91(225)
Comprehensive income:9031,0593,4224,3432,8382,9102,535
Comprehensive income (loss), net of tax, attributable to noncontrolling interest3450(0)(1)29
Comprehensive income, net of tax, attributable to parent:9061,0623,4264,3442,8382,9092,564

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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