Starbucks has retired 28.7% of its shares since 2004, from 1,599,906,036 to 1,140,000,000.
At $97.52 a share, a market value of $111.2B. FCF yield 3.3%, P/E 56.1, trailing twelve months to June 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 1999 | 1999-12-20 | 1,461,593,280 | 10-K | cover page |
| 2000 | 2000-12-15 | 1,505,500,568 | 10-K | cover page |
| 2001 | 2001-12-17 | 1,521,038,472 | 10-K | cover page |
| 2002 | 2002-12-16 | 1,549,856,736 | 10-K | cover page |
| 2003 | 2003-12-17 | 1,575,565,956 | 10-K | cover page |
| 2004 | 2004-12-08 | 1,599,906,036 | 10-K | cover page |
| 2005 | 2005-12-14 | 1,528,207,080 | 10-K | cover page |
| 2006 | 2006-12-08 | 1,509,715,456 | 10-K | cover page |
| 2007 | 2007-11-16 | 1,460,800,000 | 10-K | cover page |
| 2008 | 2008-09-28 | 1,471,000,000 | 10-K | |
| 2009 | 2009-11-13 | 1,480,400,000 | 10-K | |
| 2010 | 2010-11-12 | 1,482,200,000 | 10-K | |
| 2011 | 2011-11-11 | 1,490,800,000 | 10-K | |
| 2012 | 2012-11-09 | 1,487,200,000 | 10-K | |
| 2013 | 2013-11-08 | 1,507,200,000 | 10-K | |
| 2014 | 2014-11-07 | 1,496,600,000 | 10-K | |
| 2015 | 2015-11-06 | 1,484,800,000 | 10-K | |
| 2016 | 2016-11-11 | 1,455,400,000 | 10-K | |
| 2017 | 2017-11-10 | 1,422,800,000 | 10-K | |
| 2018 | 2018-11-09 | 1,240,600,000 | 10-K | |
| 2019 | 2019-11-08 | 1,181,000,000 | 10-K | |
| 2020 | 2020-11-06 | 1,173,700,000 | 10-K | |
| 2021 | 2021-11-12 | 1,173,200,000 | 10-K | |
| 2022 | 2022-11-11 | 1,147,800,000 | 10-K | |
| 2023 | 2023-11-10 | 1,136,700,000 | 10-K | |
| 2024 | 2024-11-13 | 1,133,800,000 | 10-K | |
| 2025 | 2025-11-07 | 1,137,100,000 | 10-K |
Source: all 10-K filings of Starbucks on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
The story
Every Monday we write about one of these companies.
Read the full storyCash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $97.52.
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Only enough to stand still. The share count is roughly flat over the last twelve months, at 1,140,000,000 as of July 23, 2026. Over five years the share count is down 2.8%.
Net of every new share it issued, Starbucks has 459.9 million fewer shares than at its 2004 peak. That is 28.7% of the company.
1,140,000,000 shares, as of July 23, 2026, from the cover page of its latest 10-Q. At the 2004 peak it had 1,599,906,036.
Each share is a bigger slice of the company. Someone who held Starbucks stock in 2004 owns 1.4 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Starbucks ranks No. 283 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: LPL Financial (28.9%), Conduent (28.8%), Sysco (28.7%), Archer-Daniels-Midland (28.7%).
Every answer is computed from Starbucks' own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
From the latest 13F filings. All superinvestors.
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