Costco Wholesale Corporation(COST)Earnings, Financials & Key Ratios

COST•NASDAQ

$1016.42

$450.51B mkt cap·55.8× P/E·Price updated May 6, 2026

SectorConsumer Defensive IndustryDiscount Stores Sub-IndustryWarehouse Clubs and Supercenters

AboutCostco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company offers sundries, dry groceries, candies, coolers, freezers, liquor, and tobacco and deli products; appliances, electronics, health and beauty aids, hardware, garden and patio products, sporting goods, tires, toys and seasonal products, office supplies, automotive care products, postages, tickets, apparel, small appliances, furniture, domestics, housewares, special order kiosks, and jewelry; and meat, produce, service deli, and bakery products. It also operates pharmacies, opticals, food courts, hearing-aid centers, and tire installation centers, as well as 636 gas stations; and offers business delivery, travel, same-day grocery, and various other services online in various countries. As of August 29, 2021, the company operated 815 membership warehouses, including 564 in the United States and Puerto Rico, 105 in Canada, 39 in Mexico, 30 in Japan, 29 in the United Kingdom, 16 in South Korea, 14 in Taiwan, 12 in Australia, 3 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, South Korea, Taiwan, Japan, and Australia. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.Show more

Revenue$275.24B+8.2%
EBITDA$12.81B+11.2%
Net Income$8.1B+9.9%
EPS (Diluted)18.21+10.0%
Gross Margin12.84%+1.8%
EBITDA Margin4.65%+2.8%
Operating Margin3.77%+3.4%
Net Margin2.94%+1.6%
ROE30.69%+1.4%
ROIC34.48%+4.6%
Debt/Equity0.28-20.0%
Interest Coverage67.42+22.7%

Analysis→Technical→

COST Key Insights

Costco Wholesale Corporation (COST) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Excellent 3Y average ROE of 29.5%
✓Strong 5Y profit CAGR of 15.1%
✓Strong Piotroski F-Score: 7/9
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 10.5%
✓Trading near 52-week high

✗Weaknesses

✗Expensive at 15.5x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

COST Price & Volume

Costco Wholesale Corporation (COST) stock price & volume — 10-year historical chart

Loading chart...

COST Growth Metrics

Costco Wholesale Corporation (COST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years9.01%

5 Years10.54%

3 Years6.64%

TTM8.4%

Profit CAGR

10 Years13.04%

5 Years15.14%

3 Years11.49%

TTM12.18%

EPS CAGR

10 Years12.99%

5 Years15.09%

3 Years11.49%

TTM-40.75%

Return on Capital

10 Years23.51%

5 Years25.17%

3 Years26.18%

Last Year27.93%

COST Recent Earnings

Costco Wholesale Corporation (COST) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 10/12 qtrs (83%)●Beat Revenue 9/12 qtrs (75%)

Q2 2026Latest

Mar 5, 2026

EPS

$4.58

Est $4.55

+0.7%

Revenue

$69.6B

Est $69.3B

+0.4%

Q4 2025

Dec 11, 2025

EPS

$4.34

Est $4.27

+1.6%

Revenue

$67.3B

Est $67.1B

+0.2%

Q4 2025

Sep 25, 2025

EPS

$5.87

Est $5.80

+1.2%

Revenue

$86.2B

Est $86.0B

+0.2%

Q2 2025

May 29, 2025

EPS

$4.28

Est $4.24

+0.9%

Revenue

$63.2B

Est $63.1B

+0.1%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Mar 5, 2026	$4.58vs $4.55+0.7%	$69.6Bvs $69.3B+0.4%
Q4 2025	Dec 11, 2025	$4.34vs $4.27+1.6%	$67.3Bvs $67.1B+0.2%
Q4 2025	Sep 25, 2025	$5.87vs $5.80+1.2%	$86.2Bvs $86.0B+0.2%
Q2 2025	May 29, 2025	$4.28vs $4.24+0.9%	$63.2Bvs $63.1B+0.1%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	FCF Yield	Debt / Equity
WMTWalmart Inc.Direct Competitor	1.04T	130.79	47.91	4.73%	3.26%	22.35%	3.99%	0.67
TGTTarget CorporationDirect Competitor	58.67B	128.78	15.84	-1.68%	3.8%	26.06%	4.83%	0.35
BJBJ's Wholesale Club Holdings, Inc.Direct Competitor	14.13B	94.32	21.53	4.66%	2.7%	26.47%	2.34%	1.19
KRThe Kroger Co.Product Competitor	42.35B	66.92	43.45	0.35%	0.69%	13.04%	7.91%	4.16
ACIAlbertsons Companies, Inc.Product Competitor	8.29B	16.13	9.84	1.46%	1.06%	34.77%	9.04%	4.19
SFMSprouts Farmers Market, Inc.Product Competitor	7.41B	78.75	14.83	14.08%	5.7%	36.06%	6.32%	1.39
WMKWeis Markets, Inc.Product Competitor	1.72B	69.55	19.05	3.46%	1.89%	6.83%	0.28%
GOGrocery Outlet Holding Corp.Product Competitor	769.52M	7.84	-3.41	7.26%	-4.8%	-19.78%	3.09%	1.84

Compare COST vs Peers

Costco Wholesale Corporation (COST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WMT

Most directly comparable listed peer for COST.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare COST against a more recognizable public peer.

Peer Set

Compare Top 5

vs WMT, TGT, BJ, KR

COST Income Statement

Costco Wholesale Corporation (COST) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Aug'17	Aug'18	Aug'19	Aug'20	Aug'21	Aug'22	Sep'23	Sep'24	Aug'25	TTM
Sales/Revenue	129.03B	141.58B	152.7B	166.76B	195.93B	226.95B	242.29B	254.45B	275.24B	286.26B
Revenue Growth %	8.68%	9.73%	7.86%	9.21%	17.49%	15.83%	6.76%	5.02%	8.17%	8.4%
Cost of Goods Sold	111.88B	123.15B	132.89B	144.94B	170.68B	199.38B	212.59B	222.36B	239.89B	249.26B
COGS % of Revenue	86.71%	86.99%	87.02%	86.91%	87.12%	87.85%	87.74%	87.39%	87.16%	-
Gross Profit	17.14B▲ 0%	18.42B▲ 7.5%	19.82B▲ 7.6%	21.82B▲ 10.1%	25.25B▲ 15.7%	27.57B▲ 9.2%	29.7B▲ 7.7%	32.09B▲ 8.0%	35.35B▲ 10.1%	37B▲ 0%
Gross Margin %	13.29%	13.01%	12.98%	13.09%	12.88%	12.15%	12.26%	12.61%	12.84%	12.93%
Gross Profit Growth %	8.38%	7.47%	7.56%	10.12%	15.69%	9.22%	7.73%	8.05%	10.14%	-
Operating Expenses	13.03B	13.94B	15.08B	16.39B	18.54B	19.78B	21.59B	22.81B	24.97B	26.06B
OpEx % of Revenue	10.1%	9.85%	9.88%	9.83%	9.46%	8.71%	8.91%	8.96%	9.07%	-
Selling, General & Admin	12.95B	13.88B	14.99B	16.33B	18.46B	19.78B	21.59B	22.81B	24.97B	26.06B
SG&A % of Revenue	10.04%	9.8%	9.82%	9.79%	9.42%	8.71%	8.91%	8.96%	9.07%	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	17M	23M	86M	55M	76M	0	0	0	0	0
Operating Income	4.11B▲ 0%	4.48B▲ 9.0%	4.74B▲ 5.7%	5.43B▲ 14.7%	6.71B▲ 23.4%	7.79B▲ 16.2%	8.11B▲ 4.1%	9.29B▲ 14.4%	10.38B▲ 11.8%	10.94B▲ 0%
Operating Margin %	3.19%	3.16%	3.1%	3.26%	3.42%	3.43%	3.35%	3.65%	3.77%	3.82%
Operating Income Growth %	11.96%	8.98%	5.74%	14.74%	23.42%	16.17%	4.12%	14.43%	11.83%	-
EBITDA	5.48B	5.92B	6.23B	7.08B	8.49B	9.69B	10.19B	11.52B	12.81B	13.46B
EBITDA Margin %	4.25%	4.18%	4.08%	4.25%	4.33%	4.27%	4.21%	4.53%	4.65%	4.7%
EBITDA Growth %	11.24%	7.95%	5.27%	13.66%	19.9%	14.18%	5.14%	13.06%	11.17%	11.49%
D&A (Non-Cash Add-back)	1.37B	1.44B	1.49B	1.65B	1.78B	1.9B	2.08B	2.24B	2.43B	2.52B
EBIT	4.17B	4.6B	4.92B	5.53B	6.85B	8B	8.65B	9.91B	10.97B	11.55B
Net Interest Income	-67M	-61M	1M	-75M	-130M	-97M	310M	364M	351M	404M
Interest Income	67M	98M	151M	89M	41M	61M	470M	533M	505M	553M
Interest Expense	134M	159M	150M	164M	171M	158M	160M	169M	154M	149M
Other Income/Expense	-72M	-38M	28M	-68M	-28M	47M	373M	455M	435M	454M
Pretax Income	4.04B▲ 0%	4.44B▲ 10.0%	4.76B▲ 7.3%	5.37B▲ 12.6%	6.68B▲ 24.5%	7.84B▲ 17.4%	8.49B▲ 8.3%	9.74B▲ 14.8%	10.82B▲ 11.1%	11.39B▲ 0%
Pretax Margin %	3.13%	3.14%	3.12%	3.22%	3.41%	3.45%	3.5%	3.83%	3.93%	3.98%
Income Tax	1.32B	1.26B	1.06B	1.31B	1.6B	1.93B	2.19B	2.37B	2.72B	2.85B
Effective Tax Rate %	32.81%	28.43%	22.27%	24.37%	23.97%	24.55%	25.86%	24.36%	25.13%	24.97%
Net Income	2.68B▲ 0%	3.13B▲ 17.0%	3.66B▲ 16.8%	4B▲ 9.4%	5.01B▲ 25.1%	5.84B▲ 16.7%	6.29B▲ 7.7%	7.37B▲ 17.1%	8.1B▲ 9.9%	8.55B▲ 0%
Net Margin %	2.08%	2.21%	2.4%	2.4%	2.56%	2.57%	2.6%	2.9%	2.94%	2.99%
Net Income Growth %	14%	16.98%	16.75%	9.37%	25.11%	16.72%	7.67%	17.09%	9.94%	12.18%
Net Income (Continuing)	2.71B	3.18B	3.7B	4.06B	5.08B	5.92B	6.29B	7.37B	8.1B	8.55B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	301M	304M	341M	421M	514M	5M	0	0	0	0
EPS (Diluted)	6.08▲ 0%	7.09▲ 16.6%	8.26▲ 16.5%	9.02▲ 9.2%	11.27▲ 24.9%	13.14▲ 16.6%	14.16▲ 7.8%	16.56▲ 16.9%	18.21▲ 10.0%	19.23▲ 0%
EPS Growth %	14.07%	16.61%	16.5%	9.2%	24.94%	16.59%	7.76%	16.95%	9.96%	-40.75%
EPS (Basic)	6.11	7.15	8.32	9.05	11.30	13.17	14.18	16.60	18.24	-
Diluted Shares Outstanding	440.94M	441.83M	442.92M	443.9M	444.35M	444.76M	444.45M	444.76M	444.8M	444.51M
Basic Shares Outstanding	438.44M	438.51M	439.75M	442.3M	443.09M	443.65M	443.85M	443.91M	443.99M	443.96M
Dividend Payout Ratio	145.73%	21.98%	28.37%	36.96%	114.8%	25.63%	19.88%	122.72%	26.95%	-

COST Balance Sheet

Costco Wholesale Corporation (COST) balance sheet — assets, liabilities & shareholders' equity

Line item	Aug'17	Aug'18	Aug'19	Aug'20	Aug'21	Aug'22	Sep'23	Sep'24	Aug'25	TTM
Total Current Assets	17.32B	20.29B	23.48B	28.12B	29.5B	32.7B	35.88B	34.25B	38.38B	43.13B
Cash & Short-Term Investments	5.78B	7.26B	9.44B	13.3B	12.18B	11.05B	15.23B	11.14B	15.28B	18.24B
Cash Only	4.55B	6.05B	8.38B	12.28B	11.26B	10.2B	13.7B	9.91B	14.16B	17.38B
Short-Term Investments	1.23B	1.2B	1.06B	1.03B	917M	846M	1.53B	1.24B	1.12B	857M
Accounts Receivable	1.43B	1.67B	1.53B	1.55B	1.8B	2.24B	2.29B	2.72B	3.2B	3.78B
Days Sales Outstanding	4.05	4.3	3.67	3.39	3.36	3.6	3.44	3.9	4.25	4.17
Inventory	9.83B	11.04B	11.39B	12.24B	14.21B	17.91B	16.65B	18.65B	18.12B	18.99B
Days Inventory Outstanding	32.08	32.72	31.3	30.83	30.4	32.78	28.59	30.61	27.56	28.13
Other Current Assets	272M	321M	1.11B	1.02B	1.31B	1.5B	1.71B	1.73B	1.78B	2.12B
Total Non-Current Assets	19.03B	20.54B	21.91B	27.44B	29.76B	31.47B	33.12B	35.59B	38.72B	40.51B
Property, Plant & Equipment	18.16B	19.68B	20.89B	24.59B	26.38B	27.42B	29.4B	31.65B	34.63B	36.4B
Fixed Asset Turnover	7.10x	7.19x	7.31x	6.78x	7.43x	8.28x	8.24x	8.04x	7.95x	8.20x
Goodwill	0	0	0	0	996M	993M	994M	994M	994M	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	869M	860M	1.02B	2.84B	2.38B	3.06B	2.72B	2.94B	3.09B	15.26B
Total Assets	36.35B▲ 0%	40.83B▲ 12.3%	45.4B▲ 11.2%	55.56B▲ 22.4%	59.27B▲ 6.7%	64.17B▲ 8.3%	68.99B▲ 7.5%	69.83B▲ 1.2%	77.1B▲ 10.4%	83.64B▲ 0%
Asset Turnover	3.55x	3.47x	3.36x	3.00x	3.31x	3.54x	3.51x	3.64x	3.57x	3.59x
Asset Growth %	9.6%	12.33%	11.19%	22.37%	6.68%	8.26%	7.52%	1.21%	10.41%	48.59%
Total Current Liabilities	17.5B	19.93B	23.24B	24.84B	29.44B	32B	33.58B	35.46B	37.11B	40.76B
Accounts Payable	9.61B	11.24B	11.68B	14.17B	16.28B	17.85B	17.48B	19.42B	19.78B	20.65B
Days Payables Outstanding	31.34	33.3	32.08	35.69	34.81	32.67	30.02	31.88	30.1	30.66
Short-Term Debt	86M	90M	1.7B	95M	799M	73M	1.08B	103M	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	4.14B	4.55B	5.5B	5.58B	6.6B	7.79B	8.59B	8.71B	9.44B	20.12B
Current Ratio	0.99x	1.02x	1.01x	1.13x	1.00x	1.02x	1.07x	0.97x	1.03x	1.03x
Quick Ratio	0.43x	0.46x	0.52x	0.64x	0.52x	0.46x	0.57x	0.44x	0.55x	0.55x
Cash Conversion Cycle	4.79	3.72	2.89	-1.47	-1.05	3.71	2.01	2.63	1.71	1.64
Total Non-Current Liabilities	7.77B	7.8B	6.58B	12.01B	11.75B	11.52B	10.35B	10.74B	10.83B	10.79B
Long-Term Debt	6.57B	6.49B	5.12B	7.51B	6.69B	6.48B	5.38B	5.79B	5.71B	2.48B
Capital Lease Obligations	0	0	0	2.56B	2.64B	2.48B	2.43B	2.38B	2.46B	7.36B
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	1.2B	1.31B	1.46B	1.94B	2.42B	2.56B	2.55B	2.58B	2.65B	16.14B
Total Liabilities	25.27B	27.73B	29.82B	36.85B	41.19B	43.52B	43.94B	46.21B	47.94B	51.55B
Total Debt	6.66B	6.58B	6.82B	10.17B	10.13B	9.04B	8.88B	8.27B	8.17B	2.48B
Net Debt	2.11B	522M	-1.56B	-2.11B	-1.13B	-1.16B	-4.82B	-1.63B	-5.99B	-14.91B
Debt / Equity	0.60x	0.50x	0.44x	0.54x	0.56x	0.44x	0.35x	0.35x	0.28x	0.28x
Debt / EBITDA	1.21x	1.11x	1.10x	1.44x	1.19x	0.93x	0.87x	0.72x	0.64x	0.18x
Net Debt / EBITDA	0.39x	0.09x	-0.25x	-0.30x	-0.13x	-0.12x	-0.47x	-0.14x	-0.47x	-0.47x
Interest Coverage	30.68x	28.18x	31.58x	33.14x	39.23x	49.32x	50.71x	54.94x	67.42x	77.52x
Total Equity	11.08B▲ 0%	13.1B▲ 18.3%	15.58B▲ 18.9%	18.7B▲ 20.0%	18.08B▼ 3.4%	20.65B▲ 14.2%	25.06B▲ 21.4%	23.62B▼ 5.7%	29.16B▲ 23.5%	32.09B▲ 0%
Equity Growth %	-10.16%	18.27%	18.93%	20.03%	-3.35%	14.21%	21.36%	-5.73%	23.46%	97.44%
Book Value per Share	25.13	29.66	35.18	42.14	40.68	46.42	56.38	53.11	65.57	72.18
Total Shareholders' Equity	10.78B	12.8B	15.24B	18.28B	17.56B	20.64B	25.06B	23.62B	29.16B	32.09B
Common Stock	4M	4M	4M	4M	4M	2M	2M	2M	2M	2M
Retained Earnings	5.99B	7.89B	10.26B	12.88B	11.67B	15.59B	19.52B	17.62B	22.65B	25.12B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-1.01B	-1.2B	-1.44B	-1.3B	-1.14B	-1.83B	-1.8B	-1.83B	-1.77B	-1.61B
Minority Interest	301M	304M	341M	421M	514M	5M	0	0	0	0

COST Cash Flow Statement

Costco Wholesale Corporation (COST) cash flow — operating, investing & free cash flow history

Line item	Aug'17	Aug'18	Aug'19	Aug'20	Aug'21	Aug'22	Sep'23	Sep'24	Aug'25	TTM
Cash from Operations	6.73B	5.77B	6.36B	8.86B	8.96B	7.39B	11.07B	11.34B	13.34B	13.34B
Operating CF Margin %	5.21%	4.08%	4.16%	5.31%	4.57%	3.26%	4.57%	4.46%	4.84%	-
Operating CF Growth %	104.31%	-14.15%	10.08%	39.41%	1.09%	-17.48%	49.73%	2.45%	17.6%	98.93%
Net Income	2.71B	3.18B	3.7B	4.06B	5.08B	5.92B	6.29B	7.37B	8.1B	8.55B
Depreciation & Amortization	1.37B	1.44B	1.49B	1.65B	1.78B	1.9B	2.08B	2.24B	2.43B	2.52B
Stock-Based Compensation	514M	544M	595M	619M	665M	724M	774M	818M	860M	898M
Deferred Taxes	-29M	-49M	147M	104M	59M	-37M	0	0	0	0
Other Non-Cash Items	-14M	-6M	9M	236M	371M	453M	907M	306M	186M	1.93B
Working Capital Changes	2.17B	669M	409M	2.2B	1B	-1.56B	1.02B	611M	1.76B	1.11B
Change in Receivables	0	0	0	0	0	0	0	0	0	0
Change in Inventory	-894M	-1.31B	-536M	-791M	-1.89B	-4B	1.23B	-2.07B	559M	921M
Change in Payables	2.26B	1.56B	322M	2.26B	1.84B	1.89B	-382M	1.94B	404M	862M
Cash from Investing	-2.37B	-2.95B	-2.87B	-3.89B	-3.54B	-4.76B	-4.97B	-4.41B	-5.31B	-5.87B
Capital Expenditures	-2.5B	-2.97B	-3B	-2.81B	-3.59B	-3.89B	-4.32B	-4.71B	-5.5B	-5.91B
CapEx % of Revenue	1.94%	2.1%	1.96%	1.69%	1.83%	1.71%	1.78%	1.85%	2%	-
Acquisitions	0	0	0	-1.16B	0	-842M	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	30M	4M	-4M	30M	-62M	-48M	36M	-19M	74M	74M
Cash from Financing	-3.22B	-1.28B	-1.15B	-1.15B	-6.49B	-3.44B	-2.61B	-10.76B	-3.77B	-4.24B
Debt Issued (Net)	1.35B	-6M	419M	792M	-120M	-800M	-384M	-708M	-296M	-179M
Equity Issued (Net)	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-4M
Dividends Paid	-3.9B	-689M	-1.04B	-1.48B	-5.75B	-1.5B	-1.25B	-9.04B	-2.18B	-2.82B
Share Repurchases	-469M	-328M	-247M	-196M	-496M	-439M	-676M	-700M	-903M	-910M
Other Financing	-191M	-258M	-281M	-264M	-124M	-704M	-303M	-315M	-393M	-327M
Net Change in Cash	1.17B▲ 0%	1.51B▲ 29.3%	2.33B▲ 54.3%	3.89B▲ 67.2%	-1.02B▼ 126.2%	-1.05B▼ 3.5%	3.5B▲ 431.5%	-3.79B▼ 208.5%	4.25B▲ 212.2%	5.03B▲ 0%
Free Cash Flow	4.22B▲ 0%	2.81B▼ 33.6%	3.36B▲ 19.7%	6.05B▲ 80.2%	5.37B▼ 11.3%	3.5B▼ 34.8%	6.75B▲ 92.7%	6.63B▼ 1.7%	7.84B▲ 18.2%	9.1B▲ 0%
FCF Margin %	3.27%	1.98%	2.2%	3.63%	2.74%	1.54%	2.78%	2.61%	2.85%	3.18%
FCF Growth %	556.92%	-33.59%	19.71%	80.2%	-11.25%	-34.8%	92.66%	-1.72%	18.22%	31.39%
FCF per Share	9.58	6.35	7.58	13.63	12.09	7.87	15.18	14.90	17.62	17.62
FCF Conversion (FCF/Net Income)	2.51x	1.84x	1.74x	2.21x	1.79x	1.26x	1.76x	1.54x	1.65x	1.06x
Interest Paid	131M	143M	141M	124M	149M	145M	125M	129M	106M	-55M
Taxes Paid	1.19B	1.2B	1.19B	1.05B	1.53B	1.94B	2.23B	2.32B	2.92B	-798M

COST Key Ratios

Costco Wholesale Corporation (COST) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	22.89%	25.92%	25.51%	23.34%	27.22%	30.18%	27.53%	30.27%	30.69%	28.81%
Return on Invested Capital (ROIC)	22.58%	25.06%	25.7%	26.63%	29.99%	32.08%	30.64%	32.98%	34.48%	34.48%
Gross Margin	13.29%	13.01%	12.98%	13.09%	12.88%	12.15%	12.26%	12.61%	12.84%	12.93%
Net Margin	2.08%	2.21%	2.4%	2.4%	2.56%	2.57%	2.6%	2.9%	2.94%	2.99%
Debt / Equity	0.60x	0.50x	0.44x	0.54x	0.56x	0.44x	0.35x	0.35x	0.28x	0.28x
Interest Coverage	30.68x	28.18x	31.58x	33.14x	39.23x	49.32x	50.71x	54.94x	67.42x	77.52x
FCF Conversion	2.51x	1.84x	1.74x	2.21x	1.79x	1.26x	1.76x	1.54x	1.65x	1.06x
Revenue Growth	8.68%	9.73%	7.86%	9.21%	17.49%	15.83%	6.76%	5.02%	8.17%	8.4%

COST SEC Filings & Documents

Costco Wholesale Corporation (COST) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 15, 2026·SEC

Material company update

Mar 5, 2026·SEC

Material company update

Jan 21, 2026·SEC

10-K Annual Reports

FY 2025

Oct 8, 2025·SEC

FY 2024

Oct 9, 2024·SEC

10-Q Quarterly Reports

FY 2026

Mar 11, 2026·SEC

FY 2025

Dec 17, 2025·SEC

FY 2025

Jun 5, 2025·SEC

COST Frequently Asked Questions

Costco Wholesale Corporation (COST) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Costco Wholesale Corporation (COST) reported $286.26B in revenue for fiscal year 2025. This represents a 1363% increase from $19.57B in 1996.

Costco Wholesale Corporation (COST) grew revenue by 8.2% over the past year. This is steady growth.

Yes, Costco Wholesale Corporation (COST) is profitable, generating $8.55B in net income for fiscal year 2025 (2.9% net margin).

Dividend & Returns

Yes, Costco Wholesale Corporation (COST) pays a dividend with a yield of 0.48%. This makes it attractive for income-focused investors.

Costco Wholesale Corporation (COST) has a return on equity (ROE) of 30.7%. This is excellent, indicating efficient use of shareholder capital.

Costco Wholesale Corporation (COST) generated $9.10B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More COST

Costco Wholesale Corporation (COST) financial analysis — history, returns, DCA and operating performance tools

Full COST Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

→

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→

Costco Wholesale Corporation(COST)Earnings, Financials & Key Ratios

COST Key Insights

✓Strengths

✗Weaknesses

COST Price & Volume

COST Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

COST Recent Earnings

COST Peer Comparison

Compare COST vs Peers

vs WMT

vs AMZN

Compare Top 5

COST Income Statement

COST Balance Sheet

COST Cash Flow Statement

COST Key Ratios

COST SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

COST Frequently Asked Questions

Explore More COST

Full COST Stock Analysis

Total Return Calculator

DCA Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios

Valuation