Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

듀퐁 분석: ROE, ROA및 순이익률의 세분화 
분기별 데이터

Microsoft Excel

ROE 두 가지 구성 요소로 세분화

Starbucks Corp., ROE 분해 (분기별 데이터)

Microsoft Excel
ROE = ROA × 재무 레버리지 비율
2024. 6. 30. = 13.52% ×
2024. 3. 31. = 14.16% ×
2023. 12. 31. = 14.71% ×
2023. 10. 1. = 14.01% ×
2023. 7. 2. = 13.17% ×
2023. 4. 2. = 12.43% ×
2023. 1. 1. = 11.75% ×
2022. 10. 2. = 11.73% ×
2022. 7. 3. = 14.80% ×
2022. 4. 3. = 15.19% ×
2022. 1. 2. = 15.24% ×
2021. 10. 3. = 13.38% ×
2021. 6. 27. = 9.59% ×
2021. 3. 28. = 3.51% ×
2020. 12. 27. = 2.22% ×
2020. 9. 27. = 3.16% ×
2020. 6. 28. = 4.59% ×
2020. 3. 29. = 12.33% ×
2019. 12. 29. = 13.43% ×
2019. 9. 29. = 18.73% ×
2019. 6. 30. = 17.00% ×
2019. 3. 31. = 17.19% ×
2018. 12. 30. = 15.16% ×
2018. 9. 30. 386.34% = 18.70% × 20.66
2018. 7. 1. = × 4.31
2018. 4. 1. = × 3.73
2017. 12. 31. = × 3.22

보고서 기준: 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-Q (보고 날짜: 2023-12-31), 10-K (보고 날짜: 2023-10-01), 10-Q (보고 날짜: 2023-07-02), 10-Q (보고 날짜: 2023-04-02), 10-Q (보고 날짜: 2023-01-01), 10-K (보고 날짜: 2022-10-02), 10-Q (보고 날짜: 2022-07-03), 10-Q (보고 날짜: 2022-04-03), 10-Q (보고 날짜: 2022-01-02), 10-K (보고 날짜: 2021-10-03), 10-Q (보고 날짜: 2021-06-27), 10-Q (보고 날짜: 2021-03-28), 10-Q (보고 날짜: 2020-12-27), 10-K (보고 날짜: 2020-09-27), 10-Q (보고 날짜: 2020-06-28), 10-Q (보고 날짜: 2020-03-29), 10-Q (보고 날짜: 2019-12-29), 10-K (보고 날짜: 2019-09-29), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31), 10-Q (보고 날짜: 2018-12-30), 10-K (보고 날짜: 2018-09-30), 10-Q (보고 날짜: 2018-07-01), 10-Q (보고 날짜: 2018-04-01), 10-Q (보고 날짜: 2017-12-31).


ROE 세 가지 구성 요소로 세분화

Starbucks Corp., ROE 분해 (분기별 데이터)

Microsoft Excel
ROE = 순이익률(Net Profit Margin Ratio) × 자산 회전율 × 재무 레버리지 비율
2024. 6. 30. = 11.16% × 1.21 ×
2024. 3. 31. = 11.38% × 1.24 ×
2023. 12. 31. = 11.70% × 1.26 ×
2023. 10. 1. = 11.46% × 1.22 ×
2023. 7. 2. = 10.80% × 1.22 ×
2023. 4. 2. = 10.46% × 1.19 ×
2023. 1. 1. = 10.09% × 1.16 ×
2022. 10. 2. = 10.18% × 1.15 ×
2022. 7. 3. = 13.03% × 1.14 ×
2022. 4. 3. = 14.07% × 1.08 ×
2022. 1. 2. = 14.47% × 1.05 ×
2021. 10. 3. = 14.45% × 0.93 ×
2021. 6. 27. = 10.43% × 0.92 ×
2021. 3. 28. = 4.18% × 0.84 ×
2020. 12. 27. = 2.87% × 0.77 ×
2020. 9. 27. = 3.95% × 0.80 ×
2020. 6. 28. = 5.56% × 0.83 ×
2020. 3. 29. = 12.71% × 0.97 ×
2019. 12. 29. = 13.81% × 0.97 ×
2019. 9. 29. = 13.58% × 1.38 ×
2019. 6. 30. = 13.63% × 1.25 ×
2019. 3. 31. = 11.86% × 1.45 ×
2018. 12. 30. = 11.98% × 1.27 ×
2018. 9. 30. 386.34% = 18.28% × 1.02 × 20.66
2018. 7. 1. = × × 4.31
2018. 4. 1. = × × 3.73
2017. 12. 31. = × × 3.22

보고서 기준: 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-Q (보고 날짜: 2023-12-31), 10-K (보고 날짜: 2023-10-01), 10-Q (보고 날짜: 2023-07-02), 10-Q (보고 날짜: 2023-04-02), 10-Q (보고 날짜: 2023-01-01), 10-K (보고 날짜: 2022-10-02), 10-Q (보고 날짜: 2022-07-03), 10-Q (보고 날짜: 2022-04-03), 10-Q (보고 날짜: 2022-01-02), 10-K (보고 날짜: 2021-10-03), 10-Q (보고 날짜: 2021-06-27), 10-Q (보고 날짜: 2021-03-28), 10-Q (보고 날짜: 2020-12-27), 10-K (보고 날짜: 2020-09-27), 10-Q (보고 날짜: 2020-06-28), 10-Q (보고 날짜: 2020-03-29), 10-Q (보고 날짜: 2019-12-29), 10-K (보고 날짜: 2019-09-29), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31), 10-Q (보고 날짜: 2018-12-30), 10-K (보고 날짜: 2018-09-30), 10-Q (보고 날짜: 2018-07-01), 10-Q (보고 날짜: 2018-04-01), 10-Q (보고 날짜: 2017-12-31).


ROE를 5개 구성 요소로 세분화

Starbucks Corp., ROE 분해 (분기별 데이터)

Microsoft Excel
ROE = 세금 부담 × 이자 부담 × EBIT 마진 × 자산 회전율 × 재무 레버리지 비율
2024. 6. 30. = 0.76 × 0.90 × 16.27% × 1.21 ×
2024. 3. 31. = 0.77 × 0.91 × 16.41% × 1.24 ×
2023. 12. 31. = 0.76 × 0.91 × 16.92% × 1.26 ×
2023. 10. 1. = 0.76 × 0.91 × 16.54% × 1.22 ×
2023. 7. 2. = 0.77 × 0.90 × 15.54% × 1.22 ×
2023. 4. 2. = 0.77 × 0.90 × 15.15% × 1.19 ×
2023. 1. 1. = 0.77 × 0.90 × 14.58% × 1.16 ×
2022. 10. 2. = 0.78 × 0.90 × 14.61% × 1.15 ×
2022. 7. 3. = 0.78 × 0.92 × 18.31% × 1.14 ×
2022. 4. 3. = 0.79 × 0.92 × 19.36% × 1.08 ×
2022. 1. 2. = 0.78 × 0.92 × 20.01% × 1.05 ×
2021. 10. 3. = 0.78 × 0.92 × 20.05% × 0.93 ×
2021. 6. 27. = 0.80 × 0.88 × 14.84% × 0.92 ×
2021. 3. 28. = 0.75 × 0.73 × 7.59% × 0.84 ×
2020. 12. 27. = 0.80 × 0.64 × 5.60% × 0.77 ×
2020. 9. 27. = 0.79 × 0.73 × 6.82% × 0.80 ×
2020. 6. 28. = 0.77 × 0.81 × 8.88% × 0.83 ×
2020. 3. 29. = 0.80 × 0.92 × 17.22% × 0.97 ×
2019. 12. 29. = 0.80 × 0.93 × 18.53% × 0.97 ×
2019. 9. 29. = 0.81 × 0.93 × 18.11% × 1.38 ×
2019. 6. 30. = 0.81 × 0.94 × 18.02% × 1.25 ×
2019. 3. 31. = 0.81 × 0.94 × 15.68% × 1.45 ×
2018. 12. 30. = 0.81 × 0.94 × 15.66% × 1.27 ×
2018. 9. 30. 386.34% = 0.78 × 0.97 × 24.07% × 1.02 × 20.66
2018. 7. 1. = × × × × 4.31
2018. 4. 1. = × × × × 3.73
2017. 12. 31. = × × × × 3.22

보고서 기준: 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-Q (보고 날짜: 2023-12-31), 10-K (보고 날짜: 2023-10-01), 10-Q (보고 날짜: 2023-07-02), 10-Q (보고 날짜: 2023-04-02), 10-Q (보고 날짜: 2023-01-01), 10-K (보고 날짜: 2022-10-02), 10-Q (보고 날짜: 2022-07-03), 10-Q (보고 날짜: 2022-04-03), 10-Q (보고 날짜: 2022-01-02), 10-K (보고 날짜: 2021-10-03), 10-Q (보고 날짜: 2021-06-27), 10-Q (보고 날짜: 2021-03-28), 10-Q (보고 날짜: 2020-12-27), 10-K (보고 날짜: 2020-09-27), 10-Q (보고 날짜: 2020-06-28), 10-Q (보고 날짜: 2020-03-29), 10-Q (보고 날짜: 2019-12-29), 10-K (보고 날짜: 2019-09-29), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31), 10-Q (보고 날짜: 2018-12-30), 10-K (보고 날짜: 2018-09-30), 10-Q (보고 날짜: 2018-07-01), 10-Q (보고 날짜: 2018-04-01), 10-Q (보고 날짜: 2017-12-31).


ROA 두 가지 구성 요소로 세분화

Starbucks Corp., ROA 분해 (분기별 데이터)

Microsoft Excel
ROA = 순이익률(Net Profit Margin Ratio) × 자산 회전율
2024. 6. 30. 13.52% = 11.16% × 1.21
2024. 3. 31. 14.16% = 11.38% × 1.24
2023. 12. 31. 14.71% = 11.70% × 1.26
2023. 10. 1. 14.01% = 11.46% × 1.22
2023. 7. 2. 13.17% = 10.80% × 1.22
2023. 4. 2. 12.43% = 10.46% × 1.19
2023. 1. 1. 11.75% = 10.09% × 1.16
2022. 10. 2. 11.73% = 10.18% × 1.15
2022. 7. 3. 14.80% = 13.03% × 1.14
2022. 4. 3. 15.19% = 14.07% × 1.08
2022. 1. 2. 15.24% = 14.47% × 1.05
2021. 10. 3. 13.38% = 14.45% × 0.93
2021. 6. 27. 9.59% = 10.43% × 0.92
2021. 3. 28. 3.51% = 4.18% × 0.84
2020. 12. 27. 2.22% = 2.87% × 0.77
2020. 9. 27. 3.16% = 3.95% × 0.80
2020. 6. 28. 4.59% = 5.56% × 0.83
2020. 3. 29. 12.33% = 12.71% × 0.97
2019. 12. 29. 13.43% = 13.81% × 0.97
2019. 9. 29. 18.73% = 13.58% × 1.38
2019. 6. 30. 17.00% = 13.63% × 1.25
2019. 3. 31. 17.19% = 11.86% × 1.45
2018. 12. 30. 15.16% = 11.98% × 1.27
2018. 9. 30. 18.70% = 18.28% × 1.02
2018. 7. 1. = ×
2018. 4. 1. = ×
2017. 12. 31. = ×

보고서 기준: 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-Q (보고 날짜: 2023-12-31), 10-K (보고 날짜: 2023-10-01), 10-Q (보고 날짜: 2023-07-02), 10-Q (보고 날짜: 2023-04-02), 10-Q (보고 날짜: 2023-01-01), 10-K (보고 날짜: 2022-10-02), 10-Q (보고 날짜: 2022-07-03), 10-Q (보고 날짜: 2022-04-03), 10-Q (보고 날짜: 2022-01-02), 10-K (보고 날짜: 2021-10-03), 10-Q (보고 날짜: 2021-06-27), 10-Q (보고 날짜: 2021-03-28), 10-Q (보고 날짜: 2020-12-27), 10-K (보고 날짜: 2020-09-27), 10-Q (보고 날짜: 2020-06-28), 10-Q (보고 날짜: 2020-03-29), 10-Q (보고 날짜: 2019-12-29), 10-K (보고 날짜: 2019-09-29), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31), 10-Q (보고 날짜: 2018-12-30), 10-K (보고 날짜: 2018-09-30), 10-Q (보고 날짜: 2018-07-01), 10-Q (보고 날짜: 2018-04-01), 10-Q (보고 날짜: 2017-12-31).

2024년 3 분기 자산회전율(ROA)이 감소한 가장 큰 이유는 자산회전율 감소입니다.


ROA를 4개의 구성 요소로 세분화

Starbucks Corp., ROA 분해 (분기별 데이터)

Microsoft Excel
ROA = 세금 부담 × 이자 부담 × EBIT 마진 × 자산 회전율
2024. 6. 30. 13.52% = 0.76 × 0.90 × 16.27% × 1.21
2024. 3. 31. 14.16% = 0.77 × 0.91 × 16.41% × 1.24
2023. 12. 31. 14.71% = 0.76 × 0.91 × 16.92% × 1.26
2023. 10. 1. 14.01% = 0.76 × 0.91 × 16.54% × 1.22
2023. 7. 2. 13.17% = 0.77 × 0.90 × 15.54% × 1.22
2023. 4. 2. 12.43% = 0.77 × 0.90 × 15.15% × 1.19
2023. 1. 1. 11.75% = 0.77 × 0.90 × 14.58% × 1.16
2022. 10. 2. 11.73% = 0.78 × 0.90 × 14.61% × 1.15
2022. 7. 3. 14.80% = 0.78 × 0.92 × 18.31% × 1.14
2022. 4. 3. 15.19% = 0.79 × 0.92 × 19.36% × 1.08
2022. 1. 2. 15.24% = 0.78 × 0.92 × 20.01% × 1.05
2021. 10. 3. 13.38% = 0.78 × 0.92 × 20.05% × 0.93
2021. 6. 27. 9.59% = 0.80 × 0.88 × 14.84% × 0.92
2021. 3. 28. 3.51% = 0.75 × 0.73 × 7.59% × 0.84
2020. 12. 27. 2.22% = 0.80 × 0.64 × 5.60% × 0.77
2020. 9. 27. 3.16% = 0.79 × 0.73 × 6.82% × 0.80
2020. 6. 28. 4.59% = 0.77 × 0.81 × 8.88% × 0.83
2020. 3. 29. 12.33% = 0.80 × 0.92 × 17.22% × 0.97
2019. 12. 29. 13.43% = 0.80 × 0.93 × 18.53% × 0.97
2019. 9. 29. 18.73% = 0.81 × 0.93 × 18.11% × 1.38
2019. 6. 30. 17.00% = 0.81 × 0.94 × 18.02% × 1.25
2019. 3. 31. 17.19% = 0.81 × 0.94 × 15.68% × 1.45
2018. 12. 30. 15.16% = 0.81 × 0.94 × 15.66% × 1.27
2018. 9. 30. 18.70% = 0.78 × 0.97 × 24.07% × 1.02
2018. 7. 1. = × × ×
2018. 4. 1. = × × ×
2017. 12. 31. = × × ×

보고서 기준: 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-Q (보고 날짜: 2023-12-31), 10-K (보고 날짜: 2023-10-01), 10-Q (보고 날짜: 2023-07-02), 10-Q (보고 날짜: 2023-04-02), 10-Q (보고 날짜: 2023-01-01), 10-K (보고 날짜: 2022-10-02), 10-Q (보고 날짜: 2022-07-03), 10-Q (보고 날짜: 2022-04-03), 10-Q (보고 날짜: 2022-01-02), 10-K (보고 날짜: 2021-10-03), 10-Q (보고 날짜: 2021-06-27), 10-Q (보고 날짜: 2021-03-28), 10-Q (보고 날짜: 2020-12-27), 10-K (보고 날짜: 2020-09-27), 10-Q (보고 날짜: 2020-06-28), 10-Q (보고 날짜: 2020-03-29), 10-Q (보고 날짜: 2019-12-29), 10-K (보고 날짜: 2019-09-29), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31), 10-Q (보고 날짜: 2018-12-30), 10-K (보고 날짜: 2018-09-30), 10-Q (보고 날짜: 2018-07-01), 10-Q (보고 날짜: 2018-04-01), 10-Q (보고 날짜: 2017-12-31).

2024년 3 분기 자산회전율(ROA)이 감소한 주된 이유는 자산회전율로 측정한 효율성이 감소했기 때문입니다.


순이익률(Net Profit Margin Ratio)의 세분화

Starbucks Corp., 순이익률의 분해(분기별 데이터)

Microsoft Excel
순이익률(Net Profit Margin Ratio) = 세금 부담 × 이자 부담 × EBIT 마진
2024. 6. 30. 11.16% = 0.76 × 0.90 × 16.27%
2024. 3. 31. 11.38% = 0.77 × 0.91 × 16.41%
2023. 12. 31. 11.70% = 0.76 × 0.91 × 16.92%
2023. 10. 1. 11.46% = 0.76 × 0.91 × 16.54%
2023. 7. 2. 10.80% = 0.77 × 0.90 × 15.54%
2023. 4. 2. 10.46% = 0.77 × 0.90 × 15.15%
2023. 1. 1. 10.09% = 0.77 × 0.90 × 14.58%
2022. 10. 2. 10.18% = 0.78 × 0.90 × 14.61%
2022. 7. 3. 13.03% = 0.78 × 0.92 × 18.31%
2022. 4. 3. 14.07% = 0.79 × 0.92 × 19.36%
2022. 1. 2. 14.47% = 0.78 × 0.92 × 20.01%
2021. 10. 3. 14.45% = 0.78 × 0.92 × 20.05%
2021. 6. 27. 10.43% = 0.80 × 0.88 × 14.84%
2021. 3. 28. 4.18% = 0.75 × 0.73 × 7.59%
2020. 12. 27. 2.87% = 0.80 × 0.64 × 5.60%
2020. 9. 27. 3.95% = 0.79 × 0.73 × 6.82%
2020. 6. 28. 5.56% = 0.77 × 0.81 × 8.88%
2020. 3. 29. 12.71% = 0.80 × 0.92 × 17.22%
2019. 12. 29. 13.81% = 0.80 × 0.93 × 18.53%
2019. 9. 29. 13.58% = 0.81 × 0.93 × 18.11%
2019. 6. 30. 13.63% = 0.81 × 0.94 × 18.02%
2019. 3. 31. 11.86% = 0.81 × 0.94 × 15.68%
2018. 12. 30. 11.98% = 0.81 × 0.94 × 15.66%
2018. 9. 30. 18.28% = 0.78 × 0.97 × 24.07%
2018. 7. 1. = × ×
2018. 4. 1. = × ×
2017. 12. 31. = × ×

보고서 기준: 10-Q (보고 날짜: 2024-06-30), 10-Q (보고 날짜: 2024-03-31), 10-Q (보고 날짜: 2023-12-31), 10-K (보고 날짜: 2023-10-01), 10-Q (보고 날짜: 2023-07-02), 10-Q (보고 날짜: 2023-04-02), 10-Q (보고 날짜: 2023-01-01), 10-K (보고 날짜: 2022-10-02), 10-Q (보고 날짜: 2022-07-03), 10-Q (보고 날짜: 2022-04-03), 10-Q (보고 날짜: 2022-01-02), 10-K (보고 날짜: 2021-10-03), 10-Q (보고 날짜: 2021-06-27), 10-Q (보고 날짜: 2021-03-28), 10-Q (보고 날짜: 2020-12-27), 10-K (보고 날짜: 2020-09-27), 10-Q (보고 날짜: 2020-06-28), 10-Q (보고 날짜: 2020-03-29), 10-Q (보고 날짜: 2019-12-29), 10-K (보고 날짜: 2019-09-29), 10-Q (보고 날짜: 2019-06-30), 10-Q (보고 날짜: 2019-03-31), 10-Q (보고 날짜: 2018-12-30), 10-K (보고 날짜: 2018-09-30), 10-Q (보고 날짜: 2018-07-01), 10-Q (보고 날짜: 2018-04-01), 10-Q (보고 날짜: 2017-12-31).

2024년 3 분기 순이익률 감소의 주요 원인은 조세부담률로 측정한 세금의 영향이 감소했기 때문이다.