Flagship explainer

What drives Starbucks Corporation’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−24%Tax burden74%net income ÷ pretax incomeInterest burden85%pretax ÷ operating incomeOperating margin8%operating income ÷ revenueAsset turnover1.17×revenue ÷ average assetsEquity multiplier-4.08×average assets ÷ average equityAs of 2025-09-28 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$1.9BFY2025
Income before tax$2.5BFY2025
Operating income$2.9BFY2025
$37.2BFY2025
Ending assets$32.0BFY2025
Beginning assets$31.3BFY2024
−$8.1BFY2025
−$7.4BFY2024
Source: · event Sep 28, 2025 · retrieved Jul 26, 2026 · annual-row source set
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