SBUX (Starbucks) Net Cash per Share: $-28.39 (As of Jun. 2026)

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SBUX Starbucks Corp SBUX
84 GF Score
Price $104.98
GF Value $98.22
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Starbucks Net Cash per Share?

Starbucks SBUX -0.97% 84 Net Cash per Share is $-28.39 as of Jun. 2026. GuruFocus rates SBUX with a GF Score™ of 84/100 and a GF Value™ of $98.22 (Fairly Valued). The stock has 6 warning signs investors should review. Among 30 Restaurants companies, Starbucks ranks worse than 3333330% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Starbucks's Net Cash per Share for the quarter that ended in Jun. 2026 was $-28.39.

The historical rank and industry rank for Starbucks's Net Cash per Share or its related term are showing as below:

SBUX's Price-to-Net-Cash is not ranked *
in the Restaurants industry.
Industry Median: 9.94
* Ranked among companies with meaningful Price-to-Net-Cash only.

Starbucks  (NAS:SBUX) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Starbucks Net Cash per Share Related Terms


Starbucks Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Starbucks's Net Cash per Share 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 Net Cash per Share Chart

Starbucks Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.51 -29.19 -29.31 -31.09 -32.24

Starbucks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share 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 -32.41 -32.24 -32.50 -32.75 -28.39

SBUX vs MCD, YUM, CMG: Net Cash per Share Comparison

For the Restaurants subindustry, Starbucks's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Restaurants Industry

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

* The bar in red indicates where Starbucks's Price-to-Net-Cash falls into.


SBUX
84GF Score
Starbucks Corp SBUX
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starbucks Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Starbucks's Net Cash per Share for the fiscal year that ended in Sep. 2025 is calculated as

Net Cash per Share (A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3467-40108.9-7.4)/1136.900
=-32.24

Starbucks's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3610.3-35961.8-7.2)/1139.800
=-28.39

* 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 Net Cash per Share →
What does a Net Cash per Share of $-28.39 mean?
Starbucks (SBUX) has a Net Cash per Share of $-28.39 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Starbucks and its competitors. According to the industry distribution chart, Starbucks ranks #999999 out of 30 companies in the Restaurants industry.
Is Starbucks' Net Cash per Share too high?
Starbucks' current Net Cash per Share is $-28.39. Based on the distribution chart, Starbucks ranks #999999 out of 30 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Starbucks has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starbucks' Net Cash per Share compare to MCD and YUM?
According to the Restaurants industry distribution chart, Starbucks ranks #999999 out of 30 companies for Net Cash per Share. This places Starbucks in the lower half of its industry. The industry median Net Cash per Share is 9.94. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Restaurants company?
The median Net Cash per Share among Restaurants companies is 9.94, based on 30 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Starbucks and its competitors. For the Restaurants industry, the median Net Cash per Share is 9.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starbucks's current Net Cash per Share is $-28.39. 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 $98.22, compared to a current price of $104.98 — trading 6.9% above its estimated fair value. The current Net Cash per Share is $-28.39. Starbucks' overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Starbucks (SBUX), the current Net Cash per Share is $-28.39 as of Jun. 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 $104.98 is trading 6.9% above its estimated GF Value™ of $98.22. GuruFocus considers Starbucks to be Fairly Valued.

Key valuation signals for SBUX:

  • Net Cash per Share: $-28.39
  • GF Value™: $98.22 vs. price of $104.98 (6.9% above fair value)
  • GF Score™: 84/100 with 6 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.
84GF Score

Get the complete analysis for SBUX

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$104.98
Price
$98.22
GF Value