SBUX (Starbucks) Construction In Progress: $309 Mil (As of Mar. 2026)


SBUX Starbucks Corp SBUX
81 GF Score
Price $103.16
GF Value $98.76
Valuation Fairly Valued
! 8 Warning Signs
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What is Starbucks Construction In Progress?

Starbucks SBUX -0.36% 81 Construction In Progress is $309 Mil as of Mar. 2026. GuruFocus rates SBUX with a GF Score™ of 81/100 and a GF Value™ of $98.76 (Fairly Valued). The stock has 8 warning signs investors should review.

Starbucks's quarterly construction in progress declined from Sep. 2025 ($334 Mil) to Dec. 2025 ($309 Mil) but then stayed the same from Dec. 2025 ($309 Mil) to Mar. 2026 ($309 Mil).

Starbucks's annual construction in progress increased from Sep. 2023 ($608 Mil) to Sep. 2024 ($751 Mil) but then declined from Sep. 2024 ($751 Mil) to Sep. 2025 ($334 Mil).

Starbucks Construction In Progress Historical Data

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The historical data trend for Starbucks's Construction In Progress 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.

Starbucks Construction In Progress Chart

Starbucks Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 374.10 558.70 607.50 750.90 334.30

Starbucks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 792.90 601.20 334.30 309.10 309.10
SBUX
81GF Score
Starbucks Corp SBUX
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Starbucks Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $309 Mil mean?
Starbucks (SBUX) has a Construction In Progress of $309 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Starbucks and its competitors.
Is Starbucks' Construction In Progress too high?
Starbucks' current Construction In Progress is $309 Mil. Overall, Starbucks has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starbucks' Construction In Progress compare to CMG and YUM?
Starbucks' Construction In Progress of $309 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Restaurants company?
A good Construction In Progress depends on the Restaurants industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Starbucks and its competitors. Starbucks's current Construction In Progress is $309 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starbucks stock overvalued right now?
Based on GuruFocus' analysis, Starbucks (SBUX) is currently considered Fairly Valued. The stock's GF Value™ is $98.76, compared to a current price of $103.16 — trading 4.5% above its estimated fair value. The current Construction In Progress is $309 Mil. Starbucks' overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Starbucks (SBUX), the current Construction In Progress is $309 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Starbucks (SBUX) Overvalued in 2026?

Based on GuruFocus' analysis, Starbucks stock appears to be overvalued. The current stock price of $103.16 is trading 4.5% above its estimated GF Value™ of $98.76. GuruFocus considers Starbucks to be Fairly Valued.

Key valuation signals for SBUX:

  • Construction In Progress: $309 Mil
  • GF Value™: $98.76 vs. price of $103.16 (4.5% above fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the SBUX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Starbucks Business Description

Address 2401 Utah Avenue South, Seattle, WA, USA, 98134
Starbucks stands out as the world's biggest and most recognizable coffee brand, powered by ultracustomizable beverages in-store and a sweeping footprint of nearly 41,000 cafes in over 80 countries. About 52% are company-operated, with the balance run by licensees. The company operates roasteries and sells across its North America (74% of revenue as of the end of fiscal 2025), international (21%), and channel development (5%) segments. The brand collects revenue from company-operated stores, licensee royalties, equipment and product sales, retail ready-to-drink beverages, and packaged coffee.
81GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$103.16
Price
$98.76
GF Value