Company / Operating Income
Starbucks Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$2.9B
FY2025
5-year range
$2.9B / $5.9B
FY2021-FY2025
Trend
-45.7%
vs FY2024
Sector context
#12 of 194
Consumer Discretionary
What the data says
Among 194 Consumer Discretionary companies, Starbucks is in the top 6% for operating income. Operating Income has fluctuated over the past 10 years, ranging from $1.6B in FY2020 to $5.9B in FY2023.
Based on SEC 10-K filings.
$2.9B in FY2025 with a 5-year CAGR of +13.5%. Top quartile in the Consumer Discretionary sector.
Declined from $5.9B to $2.9B over the past 2 years.
Consumer Discretionary sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -14.0%
- 5-Year CAGR
- +13.5%
- 10-Year CAGR
- -
Sector benchmark
+146.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +13.5%, indicating consistent growth.
- In FY2025, operating income decreased 45.7% year-over-year.
- Ranks #12 out of 194 companies in the Consumer Discretionary sector.
- Peak operating income was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 1.08 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.9B | -45.7% |
| FY2024 | $5.4B | -7.9% |
| FY2023 | $5.9B | +27.1% |
| FY2022 | $4.6B | -5.2% |
| FY2021 | $4.9B | +212.0% |
| FY2020 | $1.6B | -61.7% |
| FY2019 | $4.1B | +5.0% |
| FY2018 | $3.9B | -6.1% |
| FY2017 | $4.1B | -0.9% |
| FY2016 | $4.2B | +15.9% |
As of FY2025 · SEC 10-K · Updated Mar 14, 2026