SBUX (Starbucks) ROA %: 6.51% (As of Mar. 2026) — 54% Below Median


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 ROA %?

Starbucks SBUX -0.36% 81 ROA % is 6.51% as of Mar. 2026, which is 54% below its 10-year median of 14.10. 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. Among 367 Restaurants companies, Starbucks ranks better than 67.85% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Starbucks's annualized Net Income for the quarter that ended in Mar. 2026 was $2,044 Mil. Starbucks's average Total Assets over the quarter that ended in Mar. 2026 was $31,393 Mil. Therefore, Starbucks's annualized ROA % for the quarter that ended in Mar. 2026 was 6.51%.

The historical rank and industry rank for Starbucks's ROA % or its related term are showing as below:

SBUX' s ROA % Range Over the Past 10 Years
Min: 3.82   Med: 14.1   Max: 23.46
Current: 4.67

During the past 13 years, Starbucks's highest ROA % was 23.46%. The lowest was 3.82%. And the median was 14.10%.

SBUX's ROA % is ranked better than
67.85% of 367 companies
in the Restaurants industry
Industry Median: 2.15 vs SBUX: 4.67

Starbucks  (NAS:SBUX) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=2043.6/31392.9
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2043.6 / 38126)*(38126 / 31392.9)
=Net Margin %*Asset Turnover
=5.36 %*1.2145
=6.51 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Starbucks ROA % Related Terms


Starbucks ROA % Historical Data

* Premium members only.

The historical data trend for Starbucks's ROA % 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 ROA % Chart

Starbucks Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.82 11.05 14.37 12.37 5.86

Starbucks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 4.84 6.84 1.62 3.65 6.51

SBUX vs CMG, YUM, MCD: ROA % Comparison

For the Restaurants subindustry, Starbucks's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Starbucks's ROA % distribution charts can be found below:

* The bar in red indicates where Starbucks's ROA % falls into.


SBUX
81GF Score
Starbucks Corp SBUX
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Starbucks ROA % Calculation

Starbucks's annualized ROA % for the fiscal year that ended in Sep. 2025 is calculated as:

ROA %=Net Income (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=1856.4/( (31339.3+32019.7)/ 2 )
=1856.4/31679.5
=5.86 %

Starbucks's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2043.6/( (32228.3+30557.5)/ 2 )
=2043.6/31392.9
=6.51 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 6.51% mean?
Starbucks (SBUX) has a ROA % of 6.51% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Starbucks and its competitors. This is 54% below median its historical median of 14.10. Over the past decade, Starbucks' ROA % has ranged from 3.82 to 23.46. According to the industry distribution chart, Starbucks ranks #118 out of 367 companies in the Restaurants industry, placing it in the top 32.2%.
Is Starbucks' ROA % too high?
Starbucks' current ROA % of 6.51% is 54% below median its 10-year median of 14.10. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 23.46. The Restaurants industry median ROA % is 2.15. Starbucks' value of 6.51% is 202.8% above this industry median. Based on the distribution chart, Starbucks ranks #118 out of 367 companies in the Restaurants industry, which is above the industry midpoint. 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' ROA % compare to CMG and YUM?
According to the Restaurants industry distribution chart, Starbucks ranks #118 out of 367 companies for ROA %. This puts Starbucks in the upper half of its industry. The industry median ROA % is 2.15. Starbucks' value of 6.51% is 202.8% above this benchmark. Historically, Starbucks' own ROA % has ranged from 3.82 to 23.46 over the past decade. While the company's 10-year median is 14.10 vs. the industry median of 2.15, Starbucks has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Restaurants company?
The median ROA % among Restaurants companies is 2.15, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Starbucks's current ROA % of 6.51% is 202.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Starbucks and its competitors. For the Restaurants industry, the median ROA % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starbucks's current ROA % is 6.51%, which is 54% below median its own 10-year median of 14.10. 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 ROA % is 6.51%, which is 54% below median its 10-year median of 14.10 and 202.8% above the Restaurants industry median of 2.15. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Starbucks (SBUX), the current ROA % is 6.51% 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:

  • ROA %: 6.51% (54% below median its 10-year median of 14.10)
  • GF Value™: $98.76 vs. price of $103.16 (4.5% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 202.8% above the Restaurants median (#118 of 367)

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

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

$103.16
Price
$98.76
GF Value