---
title: "Starbucks: Competitors"
description: "Starbucks compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen."
canonical: https://www.getswoopr.com/stocks/companies/starbucks/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Starbucks: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies Starbucks under SIC code 5810 (Retail-Eating & Drinking Places). Among Swoopr's S&P 500 Equal Weight companies, 4 others share that classification; by latest reported revenue, Starbucks ranks 1 of 5. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Starbucks Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| **Starbucks (SBUX)** | $37.2 billion FY2025 | 2.8% | 7.9% | 5.0% |
| [Dutch Bros Inc. (BROS)](https://www.getswoopr.com/stocks/companies/dutch-bros-inc/) | $1.6 billion FY2025 | 27.9% | 9.8% | 4.9% |
| [Cannae Holdings Inc. (CNNE)](https://www.getswoopr.com/stocks/companies/cannae-holdings-inc/) | $424 million FY2025 | -6.4% | -28.2% | -123.9% |
| [Sadot Group Inc. (SDOT)](https://www.getswoopr.com/stocks/companies/sadot-group-inc/) | $247 million FY2025 | -64.8% | -16.4% | -37.8% |
| [Black Rock Coffee Bar Inc. (BRCB)](https://www.getswoopr.com/stocks/companies/black-rock-coffee-bar-inc/) | $200 million FY2025 | 24.5% | 0.4% | -0.0% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Starbucks and 4 peers: Starbucks (SBUX) 7.9%, Dutch Bros Inc. (BROS) 9.8%, Cannae Holdings Inc. (CNNE) -28.2%, Sadot Group Inc. (SDOT) -16.4%, Black Rock Coffee Bar Inc. (BRCB) 0.4%.](https://www.getswoopr.com/images/charts/starbucks-competitors-peer-margins.webp)
*Operating margin of Starbucks against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Starbucks Rank Among All SEC Filers in Its Industry Code?

5 companies with annual reports in Swoopr's SEC dataset share SIC code 5810 (Retail-Eating & Drinking Places), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Starbucks | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $37.2 billion | $424 million | 1 of 5 |
| Revenue growth | 2.8% | 2.8% | 3 of 5 |
| Operating margin | 7.9% | 0.4% | 2 of 5 |
| Net margin | 5.0% | -0.0% | 1 of 5 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Starbucks reported in its own SEC filings, read from the SEC's XBRL data (accession 0000829224-25-000114 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Starbucks's competitors?

Companies sharing Starbucks's SEC classification (SIC code 5810 (Retail-Eating & Drinking Places)) include Dutch Bros Inc. (BROS), Cannae Holdings Inc. (CNNE), Sadot Group Inc. (SDOT), Black Rock Coffee Bar Inc. (BRCB). Its 10-K names the competitors it considers most relevant.

### How does Starbucks compare with its peers on margins?

Starbucks's fiscal 2025 operating margin was 7.9%, against a peer median of -8.0%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Starbucks rank among all companies in its SEC industry?

Among 5 SEC filers under SIC code 5810, Starbucks ranks 1 by latest revenue, and 2 of 5 by operating margin (7.9% against a median of 0.4%).

## References

- [SEC EDGAR: STARBUCKS CORP Form 10-K filed November 14, 2025](https://www.sec.gov/Archives/edgar/data/829224/000082922425000114/sbux-20250928.htm)
- [SEC EDGAR: STARBUCKS CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=829224&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Starbucks company dossier](https://www.getswoopr.com/stocks/companies/starbucks/)
- [Starbucks financial metrics](https://www.getswoopr.com/stocks/companies/starbucks/metrics/)
- [Starbucks financial risk indicators](https://www.getswoopr.com/stocks/companies/starbucks/risks/)
- [Starbucks peer comparison](https://www.getswoopr.com/stocks/companies/starbucks/competitors/)
- [Starbucks business model and revenue mix](https://www.getswoopr.com/stocks/companies/starbucks/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
