Starbucks Income Statement Research

SBUX Stock

USD 88.75 0.88 1.00%

Most accounts from Starbucks' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Starbucks current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Starbucks Valuation and Starbucks Correlation analysis.

For more information on how to buy Starbucks Stock please use our How to Invest in Starbucks guide.

At this time, Starbucks' Income Before Tax is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 444.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 B in 2024.

For more information on how to buy Starbucks Stock please use our How to Invest in Starbucks guide.At this time, Starbucks' Income Before Tax is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 444.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	8.4B	9.8B	11.3B	11.9B
Total Revenue	32.3B	36.0B	41.4B	43.4B

Gross Profit Total Revenue

Starbucks income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Non Recurring	Minority Interest	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.86	0.87	0.75	0.89	0.71	0.68	0.8	0.88	0.63	0.67	0.25	0.72	0.49	0.27	0.64	-0.47	-0.73	0.19	-0.44	0.27	-0.78	0.88	0.34
Interest Expense	0.86		0.9	0.77	0.92	0.74	0.71	0.79	0.92	0.63	0.63	0.16	0.68	0.41	0.31	0.54	-0.44	-0.5	-0.06	-0.39	0.05	-0.95	0.96	0.59
Total Revenue	0.87	0.9		0.93	1.0	0.9	0.92	0.97	0.99	0.73	0.82	0.25	0.85	0.67	0.36	0.7	-0.42	-0.42	0.05	-0.14	0.27	-0.75	0.82	0.61
Gross Profit	0.75	0.77	0.93		0.92	0.9	0.92	0.94	0.88	0.88	0.85	0.33	0.86	0.75	0.6	0.72	-0.23	-0.29	0.07	0.03	0.28	-0.61	0.68	0.59
Other Operating Expenses	0.89	0.92	1.0	0.92		0.87	0.89	0.95	0.99	0.74	0.8	0.23	0.82	0.64	0.37	0.68	-0.42	-0.46	0.04	-0.2	0.25	-0.78	0.84	0.61
Operating Income	0.71	0.74	0.9	0.9	0.87		0.94	0.95	0.87	0.64	0.96	0.54	0.95	0.9	0.32	0.84	-0.61	-0.2	0.11	0.15	0.38	-0.56	0.64	0.57
Ebit	0.68	0.71	0.92	0.92	0.89	0.94		0.98	0.89	0.64	0.91	0.33	0.91	0.82	0.29	0.78	-0.42	-0.17	0.11	0.23	0.4	-0.5	0.59	0.59
Ebitda	0.8	0.79	0.97	0.94	0.95	0.95	0.98		0.95	0.67	0.91	0.33	0.92	0.79	0.3	0.79	-0.46	-0.31	0.14	0.08	0.39	-0.6	0.7	0.57
Cost Of Revenue	0.88	0.92	0.99	0.88	0.99	0.87	0.89	0.95		0.66	0.79	0.21	0.82	0.63	0.26	0.68	-0.48	-0.45	0.04	-0.2	0.26	-0.78	0.85	0.6
Total Operating Expenses	0.63	0.63	0.73	0.88	0.74	0.64	0.64	0.67	0.66		0.6	0.27	0.61	0.52	0.88	0.49	0.08	-0.34	0.02	-0.15	0.12	-0.53	0.58	0.45
Income Before Tax	0.67	0.63	0.82	0.85	0.8	0.96	0.91	0.91	0.79	0.6		0.68	0.99	0.93	0.3	0.92	-0.59	-0.19	0.37	0.24	0.49	-0.42	0.56	0.46
Total Other Income Expense Net	0.25	0.16	0.25	0.33	0.23	0.54	0.33	0.33	0.21	0.27	0.68		0.65	0.7	0.2	0.68	-0.58	0.01	0.59	0.21	0.41	-0.03	0.18	0.12
Net Income	0.72	0.68	0.85	0.86	0.82	0.95	0.91	0.92	0.82	0.61	0.99	0.65		0.88	0.3	0.92	-0.57	-0.24	0.4	0.19	0.46	-0.49	0.64	0.47
Income Tax Expense	0.49	0.41	0.67	0.75	0.64	0.9	0.82	0.79	0.63	0.52	0.93	0.7	0.88		0.26	0.82	-0.59	-0.01	0.22	0.38	0.53	-0.19	0.3	0.38
Selling General Administrative	0.27	0.31	0.36	0.6	0.37	0.32	0.29	0.3	0.26	0.88	0.3	0.2	0.3	0.26		0.28	0.36	-0.14	-0.05	-0.03	-0.04	-0.3	0.3	0.27
Net Income From Continuing Ops	0.64	0.54	0.7	0.72	0.68	0.84	0.78	0.79	0.68	0.49	0.92	0.68	0.92	0.82	0.28		-0.58	-0.25	0.49	0.3	0.49	-0.4	0.56	0.34
Non Recurring	-0.47	-0.44	-0.42	-0.23	-0.42	-0.61	-0.42	-0.46	-0.48	0.08	-0.59	-0.58	-0.57	-0.59	0.36	-0.58		0.23	-0.16	0.06	-0.33	0.35	-0.42	-0.19
Minority Interest	-0.73	-0.5	-0.42	-0.29	-0.46	-0.2	-0.17	-0.31	-0.45	-0.34	-0.19	0.01	-0.24	-0.01	-0.14	-0.25	0.23		-0.15	0.65	-0.11	0.54	-0.62	0.03
Non Operating Income Net Other	0.19	-0.06	0.05	0.07	0.04	0.11	0.11	0.14	0.04	0.02	0.37	0.59	0.4	0.22	-0.05	0.49	-0.16	-0.15		0.19	0.45	0.14	0.1	-0.18
Tax Provision	-0.44	-0.39	-0.14	0.03	-0.2	0.15	0.23	0.08	-0.2	-0.15	0.24	0.21	0.19	0.38	-0.03	0.3	0.06	0.65	0.19		0.39	0.51	-0.47	-0.05
Interest Income	0.27	0.05	0.27	0.28	0.25	0.38	0.4	0.39	0.26	0.12	0.49	0.41	0.46	0.53	-0.04	0.49	-0.33	-0.11	0.45	0.39		0.2	0.05	-0.04
Net Interest Income	-0.78	-0.95	-0.75	-0.61	-0.78	-0.56	-0.5	-0.6	-0.78	-0.53	-0.42	-0.03	-0.49	-0.19	-0.3	-0.4	0.35	0.54	0.14	0.51	0.2		-0.93	-0.44
Reconciled Depreciation	0.88	0.96	0.82	0.68	0.84	0.64	0.59	0.7	0.85	0.58	0.56	0.18	0.64	0.3	0.3	0.56	-0.42	-0.62	0.1	-0.47	0.05	-0.93		0.54
Extraordinary Items	0.34	0.59	0.61	0.59	0.61	0.57	0.59	0.57	0.6	0.45	0.46	0.12	0.47	0.38	0.27	0.34	-0.19	0.03	-0.18	-0.05	-0.04	-0.44	0.54

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Starbucks Account Relationship Matchups

Starbucks income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	437M	469.8M	482.9M	550.1M	632.6M	664.2M
Total Revenue	23.5B	29.1B	32.3B	36.0B	41.4B	43.4B
Gross Profit	5.1B	8.4B	8.4B	9.8B	11.3B	11.9B
Operating Income	1.6B	4.9B	4.6B	5.9B	6.8B	7.1B
Ebit	1.6B	4.9B	4.6B	5.9B	6.8B	7.1B
Ebitda	3.4B	6.7B	6.3B	7.3B	8.4B	8.9B
Cost Of Revenue	18.5B	20.7B	23.9B	26.1B	30.0B	31.6B
Income Before Tax	1.2B	5.4B	4.2B	5.4B	6.2B	6.5B
Net Income	928.3M	4.2B	3.3B	4.1B	4.7B	5.0B
Income Tax Expense	239.7M	1.2B	948.5M	1.3B	1.5B	1.5B
Non Recurring	135.8M	278.7M	170.4M	46M	41.4M	39.3M
Minority Interest	(3.6M)	(1M)	(1.8M)	(200K)	(180K)	(189K)
Tax Provision	239.7M	1.2B	948.5M	1.3B	1.1B	863.3M
Interest Income	39.7M	90.1M	97M	81.2M	73.1M	89.5M
Net Interest Income	(397.3M)	(379.7M)	(385.9M)	(468.9M)	(422.0M)	(400.9M)

Starbucks Investors Sentiment

The influence of Starbucks' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Starbucks. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Starbucks' public news can be used to forecast risks associated with an investment in Starbucks. The trend in average sentiment can be used to explain how an investor holding Starbucks can time the market purely based on public headlines and social activities around Starbucks. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Starbucks' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Starbucks' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Starbucks' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Starbucks.

Starbucks Implied Volatility

29.24

Starbucks' implied volatility exposes the market's sentiment of Starbucks stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Starbucks' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Starbucks stock will not fluctuate a lot when Starbucks' options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Starbucks in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Starbucks' short interest history, or implied volatility extrapolated from Starbucks options trading.

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When determining whether Starbucks offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Starbucks' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Starbucks Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Starbucks Stock:

How To Invest In Starbucks

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Is Starbucks Stock a good investment?

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What is Starbucks' Net Worth?

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Check out Starbucks Valuation and Starbucks Correlation analysis.

For more information on how to buy Starbucks Stock please use our How to Invest in Starbucks guide.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Starbucks' price analysis, check to measure Starbucks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Starbucks is operating at the current time. Most of Starbucks' value examination focuses on studying past and present price action to predict the probability of Starbucks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Starbucks' price. Additionally, you may evaluate how the addition of Starbucks to your portfolios can decrease your overall portfolio volatility.

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Is Starbucks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Starbucks. If investors know Starbucks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Starbucks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.216

Dividend Share

2.2

Earnings Share

3.74

Revenue Per Share

32.074

Quarterly Revenue Growth

0.082

The market value of Starbucks is measured differently than its book value, which is the value of Starbucks that is recorded on the company's balance sheet. Investors also form their own opinion of Starbucks' value that differs from its market value or its book value, called intrinsic value, which is Starbucks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Starbucks' market value can be influenced by many factors that don't directly affect Starbucks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Starbucks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Starbucks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Starbucks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Starbucks Income Statement Research

Starbucks income statement Correlations

Starbucks Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Starbucks income statement Accounts

Starbucks Investors Sentiment

Starbucks Implied Volatility

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Complementary Tools for Starbucks Stock analysis

COMMON DESTINATIONS

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Net Income	+ 0.99	Income Before Tax
Ebitda	+ 0.98	Ebit
Ebitda	+ 0.97	Total Revenue

Net Interest Income	- 0.95	Interest Expense
Reconciled Depreciation	- 0.93	Net Interest Income
Net Interest Income	- 0.78	Cost Of Revenue
Net Interest Income	- 0.78	Other Operating Expenses
Net Interest Income	- 0.78	Depreciation And Amortization
Net Interest Income	- 0.75	Total Revenue