Starbucks Corporation

SBUXNASDAQConsumer Cyclical● Active

$95.29

+$1.15(+1.22%)

Market Cap$108.6B

P/E Ratio—

52W High$108.88

52W Low$77.99

Avg Volume7.9M

Open$94.33

Beta0.98

Free Cash Flow Financials Revenue

Starbucks Corporation (SBUX) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SBUX · free cash flow · updated Jun 8, 2026

Core FCF metrics

SBUX · FCF · TTM · margin & CAGR

Free cash flow was $2.44B for FY2025 (fiscal year ending 2025-09-28), down 26.4% year-over-year The FCF margin was 6.6%. Five-year CAGR stands at +84.5%.

FY2025 Free Cash Flow$2.44B▼ -26.4% YoY

Trailing 12M (TTM)$2.73Btrailing 4 quarters sum

FCF Margin6.6%$2.44B ÷ revenue

3-Year CAGR-1.5%FY2022 → FY2025

5-Year CAGR+84.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SBUX · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$4.75B(2.31B)$2.44B▼ 26.4%6.6%

FY2024$6.10B(2.78B)$3.32B▼ 9.7%9.2%

FY2023$6.01B(2.33B)$3.68B▲ +43.8%10.2%

FY2022$4.40B(1.84B)$2.56B▼ 43.4%7.9%

FY2021$5.99B(1.47B)$4.52B▲ +3857.2%15.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SBUX · P/FCF · FCF yield · FCF per share

Starbucks Corporation (SBUX) trades at a FCF yield of 2.51% and a price-to-free-cash-flow ratio of 39.9x. FCF per share stands at $2.39, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.51%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.39

TTM FCF ÷ Shares Outstanding

Price / FCF

x39.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x48.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-09-28

Cash flow statement summary

SBUX · cash flow statement · operating / investing / financing

For FY2025, Starbucks Corporation generated $4.75B in operating cash flow and spent 2.31B in capital expenditures, yielding $2.44B in free cash flow.

Operating Activities

+$4.75B

Cash from core business operations

2025-09-28

Investing Activities

−$2.49B

CapEx, acquisitions & investments

2025-09-28

Financing Activities

−$2.30B

Buybacks, dividends & debt

2025-09-28

FCF FormulaOperating CF ($4.75B) − |CapEx| (2.31B) = FCF ($2.44B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

SBUX vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Starbucks CorporationYOU

SBUX

$2.44B-26.4%6.6%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Starbucks Corporation (SBUX) reported free cash flow of $2.44B for FY2025 (fiscal year ending 2025-09-28), down 26.4% year-over-year. The FCF margin was 6.6%.

Based on available data, Starbucks Corporation has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $9.96B in FY2018. The 5-year CAGR stands at +84.5%.

Starbucks Corporation's FCF yield is 2.51% and price-to-FCF ratio is 39.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SBUX free cash flow · 8 questions

Starbucks Corporation free cash flow was $2.44B for FY2025, down 26.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.73B.

SBUX free cash flowSBUX FCFSBUX FCF 2025SBUX free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Starbucks Corporation · Starbucks Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026