Starbucks (BSP:SBUB34) Tax Rate % : 25.72% (As of Dec. 2023)

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What is Starbucks Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Starbucks's Tax Expense for the three months ended in Dec. 2023 was R$1,738 Mil. Starbucks's Pre-Tax Income for the three months ended in Dec. 2023 was R$6,757 Mil. Therefore, Starbucks's Tax Rate % for the quarter that ended in Dec. 2023 was 25.72%.

Starbucks Tax Rate % Historical Data

The historical data trend for Starbucks's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Starbucks Tax Rate % Chart

Starbucks Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Tax Rate %

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19.52

20.59

21.59

22.41

23.64

Starbucks Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															24.65	24.91	22.02	23.46	25.72

Starbucks Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Starbucks's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	6307.708	/	26678.364
	=	23.64 %

Starbucks's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1737.959	/	6757.314
	=	25.72 %

Starbucks Tax Rate % Related Terms

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Starbucks (BSP:SBUB34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Starbucks Corp (BSP:SBUB34) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SBUX:USA SBUX:Peru SBUX:Mexico SBUX_KZ:Kazakhstan SBUX:Italy SRBd:UK 0QZH:UK SRB:Germany SBUX:Chile SBUX:Canada SBUX:Austria SBUX:Argentina

Address

2401 Utah Avenue South, Seattle, WA, USA, 98134

Website

https://www.starbucks.com

Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 38,000 stores across more than 80 countries as of the end of fiscal 2023. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.

Starbucks (BSP:SBUB34) Headlines

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