Company: Starbucks Corporation
Ticker: SBUX
Form: 10-K
Filed: 2025-11-14
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was Starbucks Corporation's net margin in fiscal year 2025?
Question Type: derived_ratio

Concept: NetIncomeLoss
Revenues
Answer (Numeric): 4.99
Answer (Display): 4.99%
Unit: percent

Evidence:
[{"chunk_id": "117", "equivalent_chunk_ids": ["117"], "section": "CONSOLIDATED STATEMENTS OF EARNINGS", "supports": ["numerator", "denominator"], "text": "(in millions, except per share data)\nFiscal Year Ended\nSep 28,\nSep 29,\nOct 1,\nNet revenues:\nCompany-operated stores\n30,744.8\n29,765.9\n29,462.3\nLicensed stores\n4,350.4\n4,505.1\n4,512.7\nOther\n2,089.2\n1,905.2\n2,000.6\nTotal net revenues\n37,184.4\n36,176.2\n35,975.6\nProduct and distribution costs\n11,658.2\n11,180.6\n11,409.1\nStore operating expenses\n17,058.9\n15,286.5\n14,720.3\nOther operating expenses\n584.6\n565.6\n539.4\nDepreciation and amortization expenses\n1,684.7\n1,512.6\n1,362.6\nGeneral and administrative expenses\n2,617.2\n2,523.3\n2,441.3\nRestructuring and impairments\n892.0\n21.8\nTotal operating expenses\n34,495.6\n31,068.6\n30,494.5\nIncome from equity investees\n247.8\n301.2\n298.4\nGain from sale of assets\n91.3\nOperating income\n2,936.6\n5,408.8\n5,870.8\nInterest income and other, net\n113.3\n122.8\n81.2\nInterest expense\n542.6\n562.0\n550.1\nEarnings before income taxes\n2,507.3\n4,969.6\n5,401.9\nIncome tax expense\n650.6\n1,207.3\n1,277.2\nNet earnings including noncontrolling interests\n1,856.7\n3,762.3\n4,124.7\nNet earnings attributable to noncontrolling interests\nNet earnings attributable to Starbucks\n1,856.4\n3,760.9\n4,124.5\nEarnings per share — basic\n1.63\n3.32\n3.60\nEarnings per share — diluted\n1.63\n3.31\n3.58\nWeighted average shares outstanding:\nBasic\n1,136.0\n1,133.8\n1,146.8\nDiluted\n1,139.8\n1,137.3\n1,151.3\nSee Notes to Consolidated Financial Statements.\nSTARBUCKS CORPORATION"}]

Derivation: {"denominator": "revenue", "denominator_value": 37184.4, "format": "percentage", "numerator": "net_income", "numerator_value": 1856.4, "op": "divide"}