Starbucks (MEX:SBUX) ROCE %: 17.38% (As of Mar. 2026)


MEX:SBUX Starbucks Corp MEX:SBUX
72 GF Score
Price MXN1,747.00
GF Value MXN1,707.58
Valuation Fairly Valued
! 8 Warning Signs
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What is Starbucks ROCE %?

Starbucks MEX:SBUX 72 ROCE % is 17.38% as of Mar. 2026. GuruFocus rates MEX:SBUX with a GF Score™ of 72/100 and a GF Value™ of MXN1,707.58 (Fairly Valued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Starbucks's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.38%.

Starbucks  (MEX:SBUX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Starbucks ROCE % Related Terms

Starbucks ROCE % Historical Data

* Premium members only.

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

Starbucks Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.84 22.14 28.45 27.62 13.34

Starbucks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 11.50 16.88 5.52 16.83 17.38
MEX:SBUX
72GF Score
Starbucks Corp MEX:SBUX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Starbucks ROCE % Calculation

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

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=55947.976/( ( (617080.219 - 178591.021) + (587375.781 - 187301.62) )/ 2 )
=55947.976/( (438489.198+400074.161)/ 2 )
=55947.976/419281.6795
=13.34 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=62400.356/( ( (580293.102 - 206824.274) + (551034.231 - 206463.596) )/ 2 )
=62400.356/( ( 373468.828 + 344570.635 )/ 2 )
=62400.356/359019.7315
=17.38 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 17.38% mean?
Starbucks (MEX:SBUX) has a ROCE % of 17.38% as of Mar. 2026.
Is Starbucks' ROCE % too high?
Starbucks' current ROCE % is 17.38%. The Restaurants industry median ROCE % is 6.01. Starbucks' value of 17.38% is 189.2% above this industry median. Overall, Starbucks has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starbucks' ROCE % compare to CMG and YUM?
Starbucks' ROCE % of 17.38% can be compared against companies in the Restaurants industry. The industry median ROCE % is 6.01. Starbucks' value of 17.38% is 189.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Restaurants company?
The median ROCE % among Restaurants companies is 6.01, based on 353 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Starbucks's current ROCE % of 17.38% is 189.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Restaurants industry, the median ROCE % is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starbucks's current ROCE % is 17.38%. 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 (MEX:SBUX) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,707.58, compared to a current price of MXN1,747.00 — trading 2.3% above its estimated fair value. The current ROCE % is 17.38% and 189.2% above the Restaurants industry median of 6.01. Starbucks' overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Starbucks (MEX:SBUX), the current ROCE % is 17.38% 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 (MEX:SBUX) Overvalued in 2026?

Based on GuruFocus' analysis, Starbucks stock appears to be overvalued. The current stock price of MXN1,747.00 is trading 2.3% above its estimated GF Value™ of MXN1,707.58. GuruFocus considers Starbucks to be Fairly Valued.

Key valuation signals for MEX:SBUX:

  • ROCE %: 17.38%
  • GF Value™: MXN1,707.58 vs. price of MXN1,747.00 (2.3% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 189.2% above the Restaurants median

No single metric tells the full story. See the MEX: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.
72GF Score

Get the complete analysis for MEX:SBUX

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

MXN1,747.00
Price
MXN1,707.58
GF Value