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
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,0576,6184,6322,7578,9382,6912,263
Cash and cash equivalents3,9696,4564,3512,6878,7562,4622,129
Short-term investments8716228171182229134
Receivables1,0539691,2691,0201,649925825
Inventory, net of allowances, customer advances and progress billings1,6371,6041,5511,5291,4011,3641,379
Inventory1,6371,6041,5511,5291,4011,3641,379
Prepaid expense410402228347507  
Other undisclosed current assets99165126  304294
Total current assets:7,2559,7567,8065,65412,4945,2834,761
Noncurrent Assets
Operating lease, right-of-use asset8,2038,2368,134 
Property, plant and equipment6,3986,3706,2416,4325,9294,9204,534
Long-term investments and receivables 2164263363351,0241,496
Long-term investments 2164263363351,0241,496
Intangible assets, net (including goodwill)3,9784,0274,1494,2734,5841,9812,236
Goodwill3,6763,6773,5973,4913,5421,5391,720
Intangible assets, net (excluding goodwill)3033505527821,042441516
Other noncurrent assets588579569480412363418
Deferred tax assets, net135795885
Other undisclosed noncurrent assets2,4112,2092,0482,046268  
Total noncurrent assets:21,57921,63621,56813,56611,6629,0829,569
TOTAL ASSETS:28,83431,39329,37519,22024,15614,36614,330
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,7924,3052,9534,9003,4782,7172,730
Accounts payable1,2891,2129981,1901,179783731
Accrued liabilities2,4441,9731,1611,7542,2981,9351,999
Employee-related liabilities664772696665   
Taxes payable394348981,292   
Deferred revenue2,0711,5961,4571,269
Debt1,1999991,689 350 400
Deferred compensation liability 10591 102  
Self insurance reserve    214215246
Deferred revenue and credits1,2891,171
Other undisclosed current liabilities8591,1461,157 1,541  
Total current liabilities:8,9218,1517,3476,1695,6844,2214,547
Noncurrent Liabilities
Long-term debt and lease obligation21,29421,35522,32111,1679,0903,9333,202
Long-term debt, excluding current maturities13,58613,61714,66011,1679,0903,9333,202
Operating lease, liability7,7087,7387,662 
Liabilities, other than long-term debt6,4616,7506,7456,852314755690
Deferred revenue6,4486,4636,5996,744
Asset retirement obligations 1171119682  
Deferred tax liabilities, net270  
Deferred income tax liabilities 149  
Other liabilities     755690
Derivative instruments and hedges, liabilities14223612(39)  
Other undisclosed noncurrent liabilities6084517611,2637,893  
Total noncurrent liabilities:28,36328,55629,82719,28217,2964,6883,892
Total liabilities:37,28436,70737,17425,45122,9818,9098,439
Stockholders' equity
Stockholders' equity attributable to parent(8,457)(5,321)(7,805)(6,232)1,1705,4505,884
Common stock1111112
Additional paid in capital4184637441414141
Accumulated other comprehensive income (loss)254147(365)(503)(330)(156)(108)
Retained earnings (accumulated deficit)(8,753)(6,316)(7,816)(5,771)1,4575,5635,950
Stockholders' equity attributable to noncontrolling interest7761677
Total stockholders' equity:(8,450)(5,315)(7,799)(6,231)1,1765,4575,891
TOTAL LIABILITIES AND EQUITY:28,83431,39329,37519,22024,15614,36614,330

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

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Revenues30,36229,06123,51826,50924,72022,38721,316
Revenue, net22,38721,316
Cost of revenue(21,680)(20,670)(18,459)(19,021)(17,368)(15,532)(14,575)
Cost of goods and services sold   (8,527)(10,175)(9,038)(8,511)
Gross profit:8,6828,3915,0597,4887,3526,8556,741
Operating expenses(3,888)(3,904)(3,820)(3,708)(3,770)(3,112)(2,887)
Other undisclosed operating income343385323298301391318
Operating income:5,1364,8721,5624,0783,8834,1354,172
Interest and debt expense(464)(470)(437)(331)(170)(93)(81)
Income from continuing operations before equity method investments, income taxes:4,6724,4021,1253,7473,7134,0424,091
Other undisclosed income from continuing operations before income taxes939955407192,067275108
Income from continuing operations before income taxes:5,6115,3571,1644,4665,7804,3184,199
Income tax expense(1,217)(1,157)(240)(872)(1,262)(1,433)(1,380)
Net income:4,3944,2009253,5954,5182,8852,819
Net income (loss) attributable to noncontrolling interest(1)(1)450(0)(1)
Net income available to common stockholders, diluted:4,3934,1999283,5994,5182,8852,818

Comprehensive Income ($ in millions)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Net income:4,3944,2009253,5954,5182,8852,819
Other comprehensive income (loss)399512134(173)(175)(47)91
Comprehensive income:4,7944,7121,0593,4224,3432,8382,910
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(1)450(0)(1)
Comprehensive income, net of tax, attributable to parent:4,7934,7111,0623,4264,3442,8382,909

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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