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Side-by-side financial comparison of Starbucks (SBUX) and Southern Company (SO). Click either name above to swap in a different company.

Starbucks is the larger business by last-quarter revenue ($9.9B vs $8.4B, roughly 1.2× Southern Company). Southern Company runs the higher net margin — 15.9% vs 3.0%, a 13.0% gap on every dollar of revenue. On growth, Southern Company posted the faster year-over-year revenue change (8.0% vs 5.5%). Over the past eight quarters, Southern Company's revenue compounded faster (14.0% CAGR vs 7.6%).

Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker at Seattle's Pike Place Market initially as a coffee bean wholesaler.

Southern Company is an American gas and electric utility holding company based in the Southern United States. It is headquartered in Atlanta, Georgia, with executive offices located in Birmingham, Alabama. As of 2021 it is the second largest utility company in the U.S. in terms of customer base. Through its subsidiaries it serves 9 million gas and electric utility customers in 6 states. Southern Company's regulated regional electric utilities serve a 120,000-square-mile (310,000 km2) territor...

SBUX vs SO — Head-to-Head

Bigger by revenue
SBUX
SBUX
1.2× larger
SBUX
$9.9B
$8.4B
SO
Growing faster (revenue YoY)
SO
SO
+2.5% gap
SO
8.0%
5.5%
SBUX
Higher net margin
SO
SO
13.0% more per $
SO
15.9%
3.0%
SBUX
Faster 2-yr revenue CAGR
SO
SO
Annualised
SO
14.0%
7.6%
SBUX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SBUX
SBUX
SO
SO
Revenue
$9.9B
$8.4B
Net Profit
$293.3M
$1.3B
Gross Margin
63.8%
Operating Margin
9.0%
24.0%
Net Margin
3.0%
15.9%
Revenue YoY
5.5%
8.0%
Net Profit YoY
-62.4%
5.4%
EPS (diluted)
$0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SBUX
SBUX
SO
SO
Q1 26
$8.4B
Q4 25
$9.9B
$7.0B
Q3 25
$9.6B
$7.8B
Q2 25
$9.5B
$7.0B
Q1 25
$8.8B
$7.8B
Q4 24
$9.4B
$6.3B
Q3 24
$9.1B
$7.3B
Q2 24
$9.1B
$6.5B
Net Profit
SBUX
SBUX
SO
SO
Q1 26
$1.3B
Q4 25
$293.3M
$341.0M
Q3 25
$133.1M
$1.7B
Q2 25
$558.3M
$880.0M
Q1 25
$384.2M
$1.3B
Q4 24
$780.8M
$466.0M
Q3 24
$909.3M
$1.5B
Q2 24
$1.1B
$1.2B
Gross Margin
SBUX
SBUX
SO
SO
Q1 26
Q4 25
63.8%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
SBUX
SBUX
SO
SO
Q1 26
24.0%
Q4 25
9.0%
13.1%
Q3 25
2.9%
33.2%
Q2 25
9.9%
25.3%
Q1 25
6.9%
25.9%
Q4 24
11.9%
16.7%
Q3 24
14.4%
32.6%
Q2 24
16.7%
30.0%
Net Margin
SBUX
SBUX
SO
SO
Q1 26
15.9%
Q4 25
3.0%
4.9%
Q3 25
1.4%
21.9%
Q2 25
5.9%
12.6%
Q1 25
4.4%
16.3%
Q4 24
8.3%
7.3%
Q3 24
10.0%
21.1%
Q2 24
11.6%
18.6%
EPS (diluted)
SBUX
SBUX
SO
SO
Q1 26
Q4 25
$0.26
$0.38
Q3 25
$0.11
$1.54
Q2 25
$0.49
$0.79
Q1 25
$0.34
$1.21
Q4 24
$0.69
$0.48
Q3 24
$0.80
$1.39
Q2 24
$0.93
$1.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SBUX
SBUX
SO
SO
Cash + ST InvestmentsLiquidity on hand
$184.9M
Total DebtLower is stronger
$16.1B
Stockholders' EquityBook value
$-8.4B
Total Assets
$32.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SBUX
SBUX
SO
SO
Q1 26
Q4 25
$184.9M
$1.6B
Q3 25
$247.2M
$3.3B
Q2 25
$333.3M
$1.3B
Q1 25
$340.2M
$2.3B
Q4 24
$285.8M
$1.1B
Q3 24
$257.0M
$1.0B
Q2 24
$212.3M
$1.2B
Total Debt
SBUX
SBUX
SO
SO
Q1 26
Q4 25
$16.1B
$65.6B
Q3 25
$16.1B
$64.6B
Q2 25
$17.3B
$63.0B
Q1 25
$15.6B
$62.9B
Q4 24
$15.6B
$58.8B
Q3 24
$15.6B
$61.3B
Q2 24
$15.6B
$59.9B
Stockholders' Equity
SBUX
SBUX
SO
SO
Q1 26
Q4 25
$-8.4B
$36.0B
Q3 25
$-8.1B
$38.3B
Q2 25
$-7.7B
$37.3B
Q1 25
$-7.6B
$37.2B
Q4 24
$-7.5B
$33.2B
Q3 24
$-7.4B
$36.9B
Q2 24
$-7.9B
$36.1B
Total Assets
SBUX
SBUX
SO
SO
Q1 26
Q4 25
$32.2B
$155.7B
Q3 25
$32.0B
$153.2B
Q2 25
$33.6B
$148.9B
Q1 25
$31.6B
$148.1B
Q4 24
$31.9B
$145.2B
Q3 24
$31.3B
$144.0B
Q2 24
$30.1B
$141.9B
Debt / Equity
SBUX
SBUX
SO
SO
Q1 26
Q4 25
1.82×
Q3 25
1.69×
Q2 25
1.69×
Q1 25
1.69×
Q4 24
1.77×
Q3 24
1.66×
Q2 24
1.66×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SBUX
SBUX
SO
SO
Operating Cash FlowLast quarter
$1.6B
Free Cash FlowOCF − Capex
$1.3B
FCF MarginFCF / Revenue
12.8%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
5.45×
TTM Free Cash FlowTrailing 4 quarters
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SBUX
SBUX
SO
SO
Q1 26
Q4 25
$1.6B
$2.6B
Q3 25
$1.4B
$3.8B
Q2 25
$1.0B
$2.2B
Q1 25
$292.0M
$1.3B
Q4 24
$2.1B
$2.2B
Q3 24
$1.5B
$3.6B
Q2 24
$1.7B
$2.7B
Free Cash Flow
SBUX
SBUX
SO
SO
Q1 26
Q4 25
$1.3B
$-1.7B
Q3 25
$925.8M
$559.0M
Q2 25
$434.3M
$-619.0M
Q1 25
$-297.2M
$-1.2B
Q4 24
$1.4B
$-576.0M
Q3 24
$737.4M
$1.3B
Q2 24
$945.8M
$563.0M
FCF Margin
SBUX
SBUX
SO
SO
Q1 26
Q4 25
12.8%
-24.2%
Q3 25
9.7%
7.1%
Q2 25
4.6%
-8.9%
Q1 25
-3.4%
-15.3%
Q4 24
14.7%
-9.1%
Q3 24
8.1%
17.9%
Q2 24
10.4%
8.7%
Capex Intensity
SBUX
SBUX
SO
SO
Q1 26
Q4 25
3.3%
61.4%
Q3 25
4.8%
41.1%
Q2 25
6.0%
40.2%
Q1 25
6.7%
31.3%
Q4 24
7.4%
43.4%
Q3 24
8.8%
31.8%
Q2 24
7.9%
32.9%
Cash Conversion
SBUX
SBUX
SO
SO
Q1 26
Q4 25
5.45×
7.62×
Q3 25
10.38×
2.21×
Q2 25
1.79×
2.48×
Q1 25
0.76×
0.98×
Q4 24
2.65×
4.66×
Q3 24
1.69×
2.36×
Q2 24
1.58×
2.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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