Starbucks Net Worth, History, Assets, Income, Liabilities, Net Income, Total Employees, and many more details can be checked on this page. Starbucks is an American multinational chain of coffee products. It is one of the leading companies offering the coffer as their product. Starbucks has an estimated net worth of $112 Billion in 2023. It is now a well-recognized and world-famous coffee chain company, and people like to take coffee from stores worldwide. In 2021, Starbucks has a total of 33,833 stores in 80 countries, out of which 15,444 were situated in the United States of America.
It is also said that Starbucks made coffee more popular worldwide by offering a wide range of products. It provides coffee such as cold drinks, whole-bean, espresso, caffe latte, and many other coffee-related products. It has grown a lot since its incorporation into the industry, and people nowadays prefer Starbucks to take the coffee front hai Starbucks in their daily routine. The success is because they offer a high quality of services and a great customer experience for the product they offer. Also check Facebook Net Worth, Apple Net Worth.
Starbucks Net Worth
Starbucks has been known for its iconic offers of products for a long time and has made massive growth in this industry. Starbucks has made an expected net worth of $112 Billion in 2023. The company has also made a massive growth in revenue on an annual basis. In 2015, the total revenue of Starbucks was $19.163 billion, and that has now grown to $35.016 Billion It is also almost double the revenue in the five years.
In 2022, it was also the company with a total asset collection of $27.978 Billion. The company has been trading at the stock price of $104, and this stock reached its high of an amount of $122 in the year of July 2021. We can see from all these days that the company has been growing rapidly for some of the last years. Starbucks has a total net worth of $112 billion in 2023. Must Check Amazon Net Worth.
| Name | Starbucks |
| Net Worth 2023 | $112 Billion |
| Net Worth in Indian Rupees | Rs. 9.30 Lakh Crore |
| Net Income: | $3.784 Billion |
| Revenue | $35.016 Billion |
| Total Assets | $28.733 Billion |
| PE Ratio | 29.70 |
| Founders: | Gordon Bowker, Jerry Baldwin, Zev Siegl |
| CEO | Howard Schultz (4 Apr 2022–1 Apr 2023) |
| Headquarters: | Seattle, Washington, United States |
| Founded: | 30 March 1971 |
| Number of employees | 383,000 partners (2021) |
| Area served | 84 countries |
| Number of locations | 34,317 (2022) |
| Subsidiaries: | Ethos Water, Evolution Fresh, Teavana, Torrefazione Italia, Tata Starbucks (India) |
| Website | starbucks.com |
Starbucks Inception
Advertisement
Starbucks entered the industry with this name in 1971 and was founded by Jerry Baldwin, Zev Siegl, and Gordon Bowker. The company partner has first decided to sell high-quality coffee beans and the equipment related to coffee roasting. The company has started selling its products and gaining popularity in the local area. In 1984, the company expanded the business to a total score of six, where they also started offering espresso coffee.
In 1989, the company had a total score of 46 Starbucks stores in the Pacific Northwest and Midwest. The company has grown rapidly since its incorporation and gained popularity in the United States, and then the company has a;sd0o started to expand its business in other countries also, so the company began to offer the license to open the store in their location. It was the origin of Starbuck and is now a leading company in the industry. Also check Microsoft Net Worth.
Starbucks Revenue 2023
- Starbucks revenue for the quarter ending June 30, 2023 was $9.168 Billion.
- Starbucks revenue for the twelve months ending June 30, 2023 was $35.016 Billion.
- Starbucks annual revenue for 2022 was $32.25 Billion.
- Starbucks annual revenue for 2021 was $29.061 Billion.
- Starbucks annual revenue for 2020 was $23.518 Billion.
- Starbucks annual revenue for 2019 was $26.509 Billion.
| Starbucks Annual Revenue | (Millions of US $) |
|---|---|
| 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 were $28.733 Billion
- Starbucks total assets for 2022 were $27.978 Billion
- Starbucks total assets for 2021 were $31.393 Billion
- Starbucks total assets for 2020 were $29.375 Billion
- Starbucks total assets for 2019 were $19.22 Billion
| Starbucks Assets | (Millions of US $) |
|---|---|
| 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 Liabilities 2023
- Starbucks total liabilities for the quarter ending June 30, 2023 were $37.075 Billion
- Starbucks total liabilities for 2022 were $36.677 Billion
- Starbucks total liabilities for 2021 were $36.707 Billion
- Starbucks total liabilities for 2020 were $37.174 Billion
- Starbucks total liabilities for 2019 were $25.451 Billion
| Starbucks Liabilities | Millions of US $ |
|---|---|
| 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 |
Starbucks Evolution
Starbucks’s journey is quite interesting in how it has evolved from being the company selling coffee beans and equipment to selling coffees of various types. The company has made a lot of changes since its incorporation and has also acquired a lot of leading companies in the industry to make its market bigger. In the year of 1984, the company made its first acquisition of a company called Peet’s Coffee, which was also one of the leading companies at that point in time. In 1984, the company again acquired The Coffee Connection, where it was selling the beverage, and Starbucks earned the right to sell the “Frappuccino” beverage.
One of the significant investments done by the company is to acquire the company called Seattle’s Best Coffee and Torrefazione Italia from AFC Enterprises for an amount of $72 million. To expand further in their business, they also acquired their rights in the company called Coffee Equipment Company in the years of 2008. There are other various things that have been done in the company to take their business to the next level, and they are successful in their work. Also, check Google Net Worth.
Social media Accounts
| More than 17.8M Followers | Check Out | |
| More than 11M Followers | Check Out | |
| More than 30M Followers | Check Out | |
| N/A | Check Out | |
| N/A | Check Out | |
| N/A | Check Out |
Starbucks: Awards and Achievements
Starbucks has been growing rapidly in the industry because of good customer feedback and reviews. It has gained recognition in the industry. The company has also received many achievements and awards. In 2005, the company received the National Recycling Coalition Recycling Works Award. It has also ranked 114th place on the list of Fortune 500 and also on the 288th Forbes Global 2000. There are various awards and achievements that this company has received over the years of working in this industry.
Frequently Asked Questions
What is the net worth of Starbucks?
Starbucks’s total net worth is around $815 Billion
When Starbucks is Founded?
Starbucks is founded on 30 March 1971, Seattle, Washington, United States
Who are the founders of Starbucks?
Starbucks‘s founder’s name is Gordon Bowker, Jerry Baldwin, Zev Siegl
Who is the CEO of Starbucks?
Currently, Starbucks’s CEO is Laxman Narasimhan (20 march 2023–)
How much is the annual income of Starbucks?
Starbucks revenue for the twelve months ending June 30, 2023, was $35.016 Billion
What is the PE Ratio of Starbucks?
Starbucks PE ratio as of September 01, 2023, is 29.70.
Also check