Net Worth, History, Assets, Income, Liabilities, Net Income, Total Employees and many more details of Starbucks can be checked on this page. Starbucks is an American multinational coffee chain. This is one of the leading companies providing coffee products. Starbucks has an estimated net worth of $112 billion by 2024. Starbucks is now a famous and recognized coffee chain company in the world, and people love to buy coffee from stores across the world. world. In 2021, Starbucks had a total of 33,833 stores in 80 countries, including 15,444 stores in the United States.
It is also said that Starbucks has made coffee more popular worldwide by offering a wide variety of products. It offers coffee like cold drinks, whole bean coffee, espresso, caffe latte and many other coffee related products. It has evolved a lot since it was incorporated into the industry and today people prefer Starbucks topping coffee in their daily routine. Their success is because they provide high-quality service and great customer experience for the products they offer. Also check Facebook Net Worth, Apple Net Worth.
Starbucks net worth
Starbucks has been known for its iconic products for a long time and has seen tremendous growth in this industry. Starbucks has achieved a projected net worth of $112 billion by 2024. The company also achieved huge year-over-year revenue growth. In 2015, Starbucks’ total revenue was 19.163 billion USD and has now increased to 35.016 billion USD. This number also nearly doubles revenue in 5 years.
In 2022, this is also a company with total assets of 27.978 billion USD. The company was trading at a stock price of $104 and the stock reached a high of $122 in July 2021. We can see from these dates that the company has been growing rapidly in the past few years. Starbucks has a total net worth of $112 billion as of 2023. Amazon’s net worth must be checked.
| Name | Starbucks |
| Net worth 2024 | 112 billion USD |
| Net worth in Indian Rupees | Rs. 9.30 lakh crore |
| Net income: | 3.784 billion USD |
| Revenue | 35.016 billion USD |
| Total assets | 28.733 billion USD |
| PE ratio | 29:70 |
| Founder: | Gordon Bowker, Jerry Baldwin, Zev Siegl |
| CEO | Howard Schultz (April 4, 2022–April 1, 2023) |
| Head office: | Seattle, Washington, USA |
| Establish: | March 30, 1971 |
| Number of employees | 383,000 partners (2021) |
| Service area | 84 countries |
| Number of locations | 34,317 (2022) |
| Subsidiaries: | Ethos Water, Evolution Fresh, Teavana, Torrefazione Italia, Tata Starbucks (India) |
| Website | starbucks.com |
Starbucks headquarters
Starbucks begins
Starbucks entered the industry under this name in 1971 and was founded by Jerry Baldwin, Zev Siegl and Gordon Bowker. The company’s partners decided to sell high-quality coffee beans and equipment related to coffee roasting for the first time. The company started selling its products and became popular in the local area. In 1984, the company expanded its business to a total of 6, where they also began offering espresso coffee.
In 1989, the company had a total of 46 Starbucks stores in the Pacific Northwest and Midwest. The company has grown rapidly since its founding and became famous in the United States, then the company also began to expand its business to other countries, so the company began to issue licenses to open stores at their location. That was the origin of Starbucks and is now the industry leader. Also check out Microsoft Net Worth.
Starbucks revenue 2023
- Starbucks’ revenue for the quarter ending June 30, 2023 was $9.168 billion.
- Starbucks’ revenue for the 12 months ending June 30, 2023 was $35.016 billion.
- Starbucks’ annual revenue in 2022 is $32.25 billion.
- Starbucks’ annual revenue in 2021 is $29.061 billion.
- Starbucks’ annual revenue in 2020 was $23.518 billion.
- Starbucks’ annual revenue in 2019 was $26.509 billion.
| Starbucks annual revenue | (Million USD) |
|---|---|
| 2023 | $35,016 |
| 2022 | $32,250 |
| 2021 | $29,061 |
| 2020 | $23,518 |
| 2019 | $26,509 |
| 2018 | $24,720 |
| 2017 | $22,387 |
| 2016 | $21,316 |
| 2015 | $19,163 |
| 2014 | $16,448 |
| 2013 | $14,867 |
Starbucks Assets 2023
- Starbucks’ total assets for the quarter ending June 30, 2023 are $28.733 billion
- Starbucks’ total assets in 2022 are $27.978 billion
- Starbucks’ total assets in 2021 are 31.393 billion USD
- Starbucks’ total assets in 2020 are 29.375 billion USD
- Starbucks’ total assets in 2019 were 19.22 billion USD
| Property of Starbucks | (Million USD) |
|---|---|
| 2023 | $28,733 |
| 2022 | $27,978 |
| 2021 | $31,393 |
| 2020 | $29,375 |
| 2019 | $19,220 |
| 2018 | $24,156 |
| 2017 | $14,366 |
| 2016 | $14,313 |
| 2015 | $12,416 |
| 2014 | $10,753 |
| 2013 | $11,517 |
Starbucks Liability 2023
- Starbucks’ total liabilities for the quarter ending June 30, 2023 are $37.075 billion
- Starbucks’ total liabilities in 2022 are $36.677 billion
- Starbucks’ total liabilities in 2021 are $36.707 billion
- Starbucks’ total liabilities in 2020 are 37.174 billion USD
- Starbucks’ total liabilities in 2019 were 25.451 billion USD
| Starbucks Responsibilities | Millions of US dollars |
|---|---|
| 2023 | $37,075 |
| 2022 | $36,677 |
| 2021 | $36,707 |
| 2020 | $37,174 |
| 2019 | $25,451 |
| 2018 | $22,981 |
| 2017 | $8,909 |
| 2016 | $8,422 |
| 2015 | $6,597 |
| 2014 | $5,479 |
| 2013 | $7,034 |
The growth of Starbucks
Starbucks’ journey is quite interesting in that it has evolved from a company selling coffee beans and equipment to selling coffee of all kinds. The company has undergone a lot of changes since its founding and has also acquired many leading companies in the industry to expand its market. In 1984, the company made its first acquisition of a company called Peet’s Coffee, which was also one of the leading companies at that time. In 1984, the company again acquired The Coffee Connection, where they sold the drink, and Starbucks acquired the rights to sell the “Frappuccino” drink.
One of the important investments the company has made is the acquisition of Seattle’s Best Coffee and Torrefazione Italia from AFC Enterprises for $72 million. To further expand their business, they also acquired their rights in the company called Coffee Equipment Company in 2008. There are many other things that have been done in the company to bring operations took their business to the next level and they were successful. in their work. Also, check out Google’s Net Worth.
Social media accounts
| More than 17.8 million followers | Check | |
| More than 11 million followers | Check | |
| More than 30 million followers | Check | |
| not applicable | Check | |
| not applicable | Check | |
| not applicable | Check |
Starbucks: Awards and achievements
Starbucks has grown rapidly in the industry thanks to good customer feedback and reviews. It has been recognized in the industry. The company has also received many achievements and awards. In 2005, the company received the National Recycling Alliance’s Recycling Works Award. It has also ranked 114th in the Fortune 500 list and also at 288th position in Forbes Global 2000. There are various awards and achievements that this company has received over the years in this industry.
Frequently asked questions
What is Starbucks’ net worth?
Starbucks’ total net worth is about $815 billion.
When was Starbucks founded?
Starbucks was founded on March 30, 1971 in Seattle, Washington, United States
Who are the founders of Starbucks?
Starbucks founders named Gordon Bowker, Jerry Baldwin, Zev Siegl
Who is the CEO of Starbucks?
Currently, the CEO of Starbucks is Laxman Narasimhan (March 20, 2023–)
What is Starbucks’ annual income?
Starbucks revenue for the 12 months ending June 30, 2023 is $35.016 billion
What is Starbucks’ PE ratio?
Starbucks’ PE ratio as of September 1, 2023 was 29.70.
Also check