SBUX - NASDAQ

Starbucks Corporation

Starbucks Corporation

SBUXยทNASDAQ

$95.89

+0.40%
Consumer CyclicalRestaurants

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. The company offers its products under the Starbucks, Teavana, Seattle's Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brands. As of October 3, 2021, it operated 16,826 company-operated and licensed stores in North America; and 17,007 company-operated and licensed stores internationally. The company was founded in 1971 and is based in Seattle, Washington.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$109.29B
EPS1.6300
P/E Ratio58.83
Earnings Date08/04/2026
Starbucks Corporation

Starbucks Corporation Fair Value Envelope

SBUX ยท NASDAQ

Our analysis suggests that SBUX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $95.89, this represents a potential HIDDEN relative to our calculated worth for Starbucks Corporation.

HIDDEN
Intrinsic Value
Current Price: $95.89

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$10.5B
+ Cash & Equivalents$3.2B
Firm Value$13.8B
- Debt$26.6B
Equity Value-$12.8B
/ Shares Outstanding1,137,094,150B
DCF Value-$11
OVERVALUED BY 112%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$3.5B
$2.6B
$1.9B
$1.4B
$1.0B
$754.4M
$555.2M
$408.6M
$300.7M
$221.3M
Maintenance CapEx
-$339.4M
-$249.8M
-$183.8M
-$135.3M
-$99.6M
-$73.3M
-$53.9M
-$39.7M
-$29.2M
-$21.5M
Owner Earnings
$3.2B
$2.3B
$1.7B
$1.3B
$925.5M
$681.1M
$501.3M
$368.9M
$271.5M
$199.8M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$2.9B
$2.0B
$1.4B
$924.3M
$629.9M
$429.2M
$292.5M
$199.3M
$135.8M
$92.6M
Terminal Value represents 14.9% of Enterprise Value

Related Guides

Blog Categories

Continue your SBUX research with focused valuation guides.

DCF Modeling

Improve assumptions for intrinsic value accuracy.

Forecasting

Calibrate growth paths and terminal value behavior.

WACC

Refine discount-rate logic for valuation quality.

Cost of Capital

Match risk profile to expected return assumptions.

Research Paths

Pick your next lens
1

Snapshot

Start with context, operating signals, and key market metrics.

2

Value Model

Stress test fair value across bear, base, and bull assumptions.

3

Statements

Validate revenue quality, margins, and balance sheet durability.

4

Earnings Call

Read management commentary and compare it with reported outcomes.

5

Dividends

Check payout sustainability and long-term distribution behavior.

6

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.