SBUX (Starbucks) Debt-to-Equity: -2.88 (As of Mar. 2026)

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SBUX Starbucks Corp SBUX
81 GF Score
Price $105.49
GF Value $98.46
Valuation Fairly Valued
! 8 Warning Signs
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What is Starbucks Debt-to-Equity?

Starbucks SBUX -2.66% 81 Debt-to-Equity is -2.88 as of Mar. 2026. GuruFocus rates SBUX with a GF Score™ of 81/100 and a GF Value™ of $98.46 (Fairly Valued). The stock has 8 warning signs investors should review. Among 317 Restaurants companies, Starbucks ranks worse than 315457.1% on this metric.

Starbucks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,299 Mil. Starbucks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $21,093 Mil. Starbucks's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-8,465 Mil. Starbucks's debt to equity for the quarter that ended in Mar. 2026 was -2.88.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Starbucks's Debt-to-Equity or its related term are showing as below:

SBUX' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.44   Med: -2.88   Max: 8.07
Current: -2.88

During the past 13 years, the highest Debt-to-Equity Ratio of Starbucks was 8.07. The lowest was -4.44. And the median was -2.88.

SBUX's Debt-to-Equity is not ranked
in the Restaurants industry.
Industry Median: 0.91 vs SBUX: -2.88

Starbucks  (NAS:SBUX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Starbucks Debt-to-Equity Related Terms


Starbucks Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Starbucks's Debt-to-Equity 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 Debt-to-Equity Chart

Starbucks Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.44 -2.73 -3.08 -3.46 -3.29

Starbucks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 -3.41 -3.63 -3.29 -3.04 -2.88

SBUX vs MCD, YUM, CMG: Debt-to-Equity Comparison

For the Restaurants subindustry, Starbucks's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Starbucks Debt-to-Equity vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Starbucks's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Starbucks's Debt-to-Equity falls into.


SBUX
81GF Score
Starbucks Corp SBUX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Starbucks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Starbucks's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Starbucks's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -2.88 mean?
Starbucks (SBUX) has a Debt-to-Equity of -2.88 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Starbucks and its competitors. According to the industry distribution chart, Starbucks ranks #999999 out of 317 companies in the Restaurants industry.
Is Starbucks' Debt-to-Equity too high?
Starbucks' current Debt-to-Equity is -2.88. Based on the distribution chart, Starbucks ranks #999999 out of 317 companies in the Restaurants industry, which is in the bottom quartile relative to peers. 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' Debt-to-Equity compare to MCD and YUM?
According to the Restaurants industry distribution chart, Starbucks ranks #999999 out of 317 companies for Debt-to-Equity. This places Starbucks in the lower half of its industry. The industry median Debt-to-Equity is 0.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Restaurants company?
The median Debt-to-Equity among Restaurants companies is 0.91, based on 317 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Starbucks and its competitors. For the Restaurants industry, the median Debt-to-Equity is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starbucks's current Debt-to-Equity is -2.88. 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 $98.46, compared to a current price of $105.49 — trading 7.1% above its estimated fair value. The current Debt-to-Equity is -2.88. 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 Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Starbucks (SBUX), the current Debt-to-Equity is -2.88 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 $105.49 is trading 7.1% above its estimated GF Value™ of $98.46. GuruFocus considers Starbucks to be Fairly Valued.

Key valuation signals for SBUX:

  • Debt-to-Equity: -2.88
  • GF Value™: $98.46 vs. price of $105.49 (7.1% 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

Get the complete analysis for SBUX

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$105.49
Price
$98.46
GF Value