Starbucks Corp.

SBUX ·Consumer Cyclical, Restaurants, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $22.39B $21.32B $19.16B $16.45B $14.89B $13.30B $11.70B $10.71B
United States (Legacy) $8.04B $7.56B
International (Legacy) $2.63B $2.29B
Global CPG (Legacy) $861.0M $707.0M
Other (Legacy) $176.0M $151.0M
Americas/North America $15.62B $14.80B $13.29B $11.98B $11.00B $9.94B
EMEA $959.0M $1.13B $1.22B $1.30B $1.16B $1.14B
China/Asia Pacific $3.24B $2.94B $2.40B $1.13B $917.0M $721.0M
International
Channel Development $2.26B $1.93B $1.73B $1.55B $1.42B $1.29B
Corporate and Other $311.0M $524.0M $526.0M $497.0M $394.0M $209.0M
Cost of Revenue $7.07B $8.51B $7.79B $6.86B $6.38B $5.81B $4.92B $4.42B
Gross Profit $15.32B $12.81B $11.38B $9.59B $8.51B $7.49B $6.78B $6.29B
Gross Margin 68.4% 60.1% 59.4% 58.3% 57.1% 56.3% 58.0% 58.8%
Operating Expenses
Research & Development
SG&A Expense $1.41B $1.41B $1.20B $991.3M $937.9M $801.2M $749.3M $704.6M
Operating Income $4.13B $4.17B $3.60B $3.08B $-325.4M $2.00B $1.73B $1.42B
Operating Margin 18.5% 19.6% 18.8% 18.7% -2.2% 15.0% 14.8% 13.3%
Interest Expense $92.5M $81.3M $70.5M $64.1M $28.1M $32.7M $33.3M $32.7M
Pretax Income $4.32B $4.20B $3.90B $3.16B $-229.9M $2.06B $1.81B $1.44B
Income Tax Expense $1.43B $1.38B $1.14B $1.09B $-238.7M $674.4M $563.1M $488.7M
Net Income $2.88B $2.82B $2.76B $2.07B $8.3M $1.38B $1.25B $945.6M
Net Margin 12.9% 13.2% 14.4% 12.6% 0.1% 10.4% 10.6% 8.8%
EPS (Basic) $1.99 $1.91 $1.84 $1.37 $0.01 $1.83 $1.66 $1.27
EPS (Diluted) $1.97 $1.90 $1.82 $1.35 $0.01 $1.79 $1.62 $1.24
Shares Outstanding (Basic) 1.45B 1.47B 1.50B 1.51B 1.50B 754.4M 748.3M 744.4M
Shares Outstanding (Diluted) 1.46B 1.49B 1.51B 1.53B 1.52B 773.0M 769.7M 764.2M
Dividends Per Share $1.05 $0.85 $0.68 $0.55 $0.45 $0.72 $0.56 $0.36
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