Costco Wholesale COST Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 51%+1.1pp | 49.9%+1.4pp | 48.5%-1.5pp | 50%-2.2pp | |
| Operating margin | 14.9%+0.9pp | 14%+0.6pp | 13.5%-0.4pp | 13.9%+0.4pp | |
| Net margin | 11.7%+0.6pp | 11.1%+0.8pp | 10.3%-0.1pp | 10.3%+0.3pp | |
| Returns | |||||
| Return on equity | 125.6%+5.1pp | 120.5%+7.2pp | 113.2%-10.8pp | 124%+12.6pp | |
| Return on assets | 43.2%+2.4pp | 40.8%+3.8pp | 37%+0.6pp | 36.4%+2.9pp | |
| Return on invested capital | 183.6%+54.6pp | 129.1%+1.7pp | 127.3%-8.6pp | 135.9%+21.5pp | |
| Efficiency | |||||
| Asset turnover | 14.8×+0.1× | 14.7×+0.3× | 14.4×+0.3× | 14.1×+0.7× | |
| Inventory turnover | 50.5×-0.1× | 50.7×+2.1× | 48.6×+0.9× | 47.7×-0.7× | |
| Liquidity | |||||
| Current ratio | 4×+0.1× | 3.9×-0.3× | 4.2×+0.1× | 4.1×+0.1× | |
| Quick ratio | 2×+0.1× | 1.9×-0.2× | 2.2×+0.2× | 2×-0.1× | |
| Cash ratio | 1.4×+0.1× | 1.3×-0.2× | 1.5×+0.1× | 1.4×-0.1× | |
| Leverage | |||||
| Debt-to-equity | 1.3×-0.4× | 1.7×+0.1× | 1.6×-0.4× | 1.9×-0.7× | |
| Debt-to-assets | 0.5×-0.1× | 0.5×0.0× | 0.5×0.0× | 0.6×-0.1× | |
| Interest coverage | 248×+41.2× | 206.9×+0.7× | 206.1×+24.7× | 181.4×+33.5× | |
| Per Share | |||||
| Book value per share | $239.00+15.1% | $207.57-0.7% | $209.00+18.4% | $176.47+21.5% | |
| Valuation | |||||
| Market capitalization | $1.77T+31.1% | $1.35T+45.9% | $923.67B+1.8% | $907.25B+31.4% | |
| Enterprise value | $1.75T+30.7% | $1.34T+47.1% | $909.94B+1.2% | $898.96B+30.5% | |
| Price / earnings | 227.1×+34.5× | 192.6×+40.1× | 152.5×-11.7× | 164.2×+14.4× | |
| Price / sales | 6.6×+1.3× | 5.4×+1.4× | 3.9×-0.3× | 4.2×+0.5× | |
| Price / book | 66.8×+7.6× | 59.2×+19.3× | 39.9×-6.5× | 46.4×+3.6× | |
| EV / sales | 6.6×+1.2× | 5.3×+1.5× | 3.9×-0.3× | 4.2×+0.5× | |
| Earnings yield | 7.1%-1.3pp | 8.4%-2.1pp | 10.5%+0.7pp | 9.8%-0.9pp | |
| PEG ratio | 19.9×+6.5× | 13.4×-4.2× | 17.6×+9.4× | 8.2×+0.5× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Costco Wholesale's profit margins?
- Costco Wholesale (COST) runs a 12.9% gross margin and a 3.8% operating margin, with a 3.0% net margin.
- Where do Costco Wholesale's ratios come from?
- Every ratio is computed from Costco Wholesale's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
