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Costco Wholesale Corporation

Costco Wholesale Corporation

NASDAQ•COST
CEO: Mr. Ron M. Vachris
Sector: Consumer Defensive
Industry: Discount Stores
Listing Date: 1986-07-09
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories. It offers merchandise, such as sundries, dry groceries, candies, coolers, freezers, deli, liquor, and tobacco; appliances, electronics, health and beauty aids, hardware, lawn and garden, 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. The company also operates gasoline, pharmacies, optical, food courts, hearing-aid centers, and tire installation centers; and offers business delivery, travel, grocery, and various other services online. It also operates e-commerce websites. 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.
Contact Information
999 Lake Drive, Issaquah, WA, 98027, United States
425-313-8100
www.costco.com
Market Cap
$391.99B
P/E (TTM)
47.3
46.4
Dividend Yield
0.6%
52W High
$1.08K
52W Low
$867.12
52W Range
8%
Rank14Top 1.6%
7.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 7.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q1 2026 Data

Revenue

$67.31B+8.30%
4-Quarter Trend

EPS

$4.51+11.36%
4-Quarter Trend

FCF

$3.16B+58.42%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Sales Growth Total net sales increased 8% to $269.91B USD, driven by 6% comparable sales growth across segments.
Net Income Rises Net income reached $8.10B USD, reflecting a strong 10% increase, with diluted EPS at $18.21 USD.
Membership Fee Strength Membership fee revenue grew 10% to $5.32B USD, supported by new member sign-ups and fee increases.
Margin Expansion Noted Gross margin percentage improved 20 basis points to 11.12%, positively impacted by core merchandise categories.

Risk Factors

Geographic Sales Concentration Financial performance remains highly dependent on U.S. and Canadian operations, comprising 86% of 2025 net sales.
Growth Strategy Execution Unsuccessful expansion into new markets risks delayed profitability and material adverse impact on future results.
Supply Chain Disruption Risk Extreme weather or pandemics could cause significant delays in merchandise delivery, affecting sales and member satisfaction.
Cybersecurity Threat Landscape Sophisticated cyber misconduct poses ongoing risks to systems and data integrity, potentially causing reputational damage.

Outlook

Capital Spending Forecast Current intention is to spend $6.00B to $6.50B USD on capital expenditures during fiscal 2026 for growth initiatives.
Planned Warehouse Openings Plans include opening up to 35 new warehouses, including five relocations, during the upcoming fiscal year 2026.
Increased Quarterly Dividend Board approved a 12% increase in the quarterly cash dividend rate, effective immediately, to $1.30 per share.
Private Label Focus Expects to continue increasing sales penetration of Kirkland Signature private-label items to enhance gross margins.

Peer Comparison

Revenue (TTM)

Walmart Inc.WMT
$703.06B
+4.3%
Costco Wholesale CorporationCOST
$280.39B
+8.3%
Target CorporationTGT
$105.64B
-1.4%

Gross Margin (Latest Quarter)

Philip Morris International Inc.PM
67.8%
+1.8pp
The Coca-Cola CompanyKO
61.5%
+0.8pp
The Procter & Gamble CompanyPG
51.4%
-0.7pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
WMT$930.03B40.625.4%22.5%
COST$391.99B47.329.6%2.9%
PG$333.78B20.832.1%28.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.8%
Moderate Growth
4Q Net Income CAGR
3.8%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Mar 4, 2026
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EPS:-
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Revenue:-
Reports
All Years
  • Form 10-K - FY 2025

    Period End: Aug 31, 2025|Filed: Oct 8, 2025|
    Revenue: $275.24B+8.2%
    |
    EPS: $18.24+9.9%
    Beat
  • Form 10-Q - Q3 2025

    Period End: May 11, 2025|Filed: Jun 5, 2025|
    Revenue: $63.21B+8.0%
    |
    EPS: $4.29+13.2%
    N/A
  • Form 10-Q - Q2 2025

    Period End: Feb 16, 2025|Filed: Mar 13, 2025|
    Revenue: $63.72B+9.0%
    |
    EPS: $4.03+2.5%
    N/A
  • Form 10-Q - Q1 2025

    Period End: Nov 24, 2024|Filed: Dec 19, 2024|
    Revenue: $62.15B+7.5%
    |
    EPS: $4.05+13.1%
    Beat
  • Form 10-K - FY 2024

    Period End: Sep 1, 2024|Filed: Oct 9, 2024|
    Revenue: $254.45B+5.0%
    |
    EPS: $16.60+17.1%
    Meet
  • Form 10-Q - Q3 2024

    Period End: May 12, 2024|Filed: Jun 6, 2024|
    Revenue: $58.52B+9.1%
    |
    EPS: $3.79+29.4%
    N/A
  • Form 10-Q - Q2 2024

    Period End: Feb 18, 2024|Filed: Mar 13, 2024|
    Revenue: $58.44B+5.7%
    |
    EPS: $3.93+19.1%
    N/A
  • Form 10-Q - Q1 2024

    Period End: Nov 26, 2023|Filed: Dec 20, 2023|
    Revenue: $57.80B+6.2%
    |
    EPS: $3.58+16.6%
    Beat