Starbucks Corporation (SBUX) Operating Margin: 9.28%
Is Starbucks Corporation’s operating margin high or low?
Starbucks Corporation's operating margin of 9.28% is 29% below its 5-year average of 13.10%, near the low end of its 5-year range (6.64%–16.77%).
As of Tuesday, June 16, 2026. 24.49% below its 12-month average of 12.29%.
SBUX Operating Margin Chart
SBUX Average Operating Margin Chart
SBUX Current vs Average Operating Margin Chart
SBUX Operating Margin Metrics
OPERATING MARGIN
9.28%
OPERATING MARGIN AVG TTM
12.29%
OPERATING MARGIN AVG 3Y
13.81%
OPERATING MARGIN AVG 5Y
13.10%
OPERATING MARGIN AVG 10Y
15.14%
OPERATING MARGIN AVG 15Y
15.84%
OPERATING MARGIN AVG 20Y
13.69%
CURRENT VS TTM AVG
-24.49%
CURRENT VS 3Y AVG
-32.78%
CURRENT VS 5Y AVG
-29.19%
CURRENT VS 10Y AVG
-38.71%
CURRENT VS 15Y AVG
-41.40%
CURRENT VS 20Y AVG
-32.24%
SBUX Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Starbucks Corporation (SBUX) | $115.65B | 9.28% | 12.29% | 13.81% | 13.10% |
| Lowe's Companies, Inc. (LOW)vs › | $125.42B | 11.55% | 11.93% | 12.56% | 12.52% |
| Marriott International, Inc. (MAR)vs › | $105.15B | 16.02% | 15.41% | 15.95% | 12.87% |
| Booking Holdings Inc. (BKNG)vs › | $136.64B | 34.28% | 33.16% | 30.87% | 22.83% |
| MercadoLibre, Inc. (MELI)vs › | $85.02B | 9.59% | 11.87% | 12.07% | 9.62% |
| Airbnb, Inc. (ABNB)vs › | $83.54B | 20.49% | 21.89% | 20.13% | -3.09% |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $79.74B | 23.08% | 21.79% | 22.30% | 16.16% |
| Carvana Co. (CVNA)vs › | $76.79B | 9.19% | 8.29% | 1.23% | -0.31% |
| Ross Stores, Inc. (ROST)vs › | $75.29B | 12.22% | 12.07% | 11.53% | 10.31% |
| General Motors Company (GM)vs › | $74.96B | 1.34% | 4.20% | 5.10% | 5.52% |
Operating Efficiency
Gross Margin
20.4%
Operating Margin
9.3%
Starbucks Corporation Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Starbucks Corporation Operating Margin FAQ
- What is the operating margin for Starbucks Corporation (SBUX)?
- The operating margin for SBUX stock is 9.28%.
- Is Starbucks Corporation's operating margin high or low?
- Starbucks Corporation's operating margin of 9.28% is 29% below its 5-year average of 13.10%, near the low end of its 5-year range (6.64%–16.77%).
- What is the TTM average operating margin for Starbucks Corporation (SBUX)?
- The TTM average operating margin for SBUX stock is 12.29%.
- What is the 3Y average operating margin for Starbucks Corporation (SBUX)?
- The 3Y average operating margin for SBUX stock is 13.81%.
- What is the 5Y average operating margin for Starbucks Corporation (SBUX)?
- The 5Y average operating margin for SBUX stock is 13.10%.
- What is the 10Y average operating margin for Starbucks Corporation (SBUX)?
- The 10Y average operating margin for SBUX stock is 15.14%.
- What is the 15Y average operating margin for Starbucks Corporation (SBUX)?
- The 15Y average operating margin for SBUX stock is 15.84%.
- What is the 20Y average operating margin for Starbucks Corporation (SBUX)?
- The 20Y average operating margin for SBUX stock is 13.69%.
Starbucks Corporation Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-09-28 | 9.63% |
| 2024-09-30 | 14.95% |
| 2023-09-30 | 16.32% |
| 2022-09-30 | 14.32% |
| 2021-09-30 | 16.77% |
| 2020-09-30 | 6.64% |
| 2019-09-30 | 15.38% |
| 2018-09-30 | 15.71% |
| 2017-09-30 | 18.47% |
| 2016-09-30 | 19.57% |
| 2015-09-30 | 18.79% |
| 2014-09-30 | 18.73% |
| 2013-09-30 | -2.19% |
| 2012-09-30 | 15.04% |
| 2011-09-30 | 14.77% |
| 2010-09-30 | 13.26% |
| 2009-09-30 | 5.75% |
| 2008-09-30 | 4.85% |
| 2007-09-30 | 11.20% |
| 2006-09-30 | 11.48% |
| 2005-09-30 | 12.26% |
| 2004-09-30 | 11.46% |
| 2003-09-30 | 10.42% |
| 2002-09-30 | 9.69% |
| 2001-09-30 | 10.61% |
| 2000-09-30 | 10.72% |
| 1999-09-30 | 9.52% |
| 1998-09-30 | 9.11% |
| 1997-09-30 | 8.85% |
| 1996-09-30 | 8.10% |
About Starbucks Corporation
Starbucks Corporation, along with its various subsidiaries, operates worldwide as a key player in roasting, marketing, and selling specialty coffee. Its business is structured into three main operating divisions: North America, International markets, and Channel Development. The company's retail outlets offer a broad assortment of coffee and tea beverages, roasted whole bean and ground coffees, single-serve options, and ready-to-drink products. Customers can also find a variety of food items, including pastries, breakfast sandwiches, and lunch selections. Furthermore, Starbucks extends its brand reach by licensing its trademarks to independently operated stores, grocery retailers, and foodservice accounts. Products are sold under well-known labels such as Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi. As of October 3, 2021, Starbucks had a significant global presence, operating 16,826 company-owned and licensed stores across North America, in addition to 17,007 similar locations internationally. The company, established in 1971, is headquartered in Seattle, Washington.
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- CEO
- Brian R. Niccol