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Costco Wholesale COST Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin51%+1.1pp49.9%+1.4pp48.5%-1.5pp50%-2.2pp
Operating margin14.9%+0.9pp14%+0.6pp13.5%-0.4pp13.9%+0.4pp
Net margin11.7%+0.6pp11.1%+0.8pp10.3%-0.1pp10.3%+0.3pp
Returns
Return on equity125.6%+5.1pp120.5%+7.2pp113.2%-10.8pp124%+12.6pp
Return on invested capital183.6%+54.6pp129.1%+1.7pp127.3%-8.6pp135.9%+21.5pp
Efficiency
Asset turnover14.8×+0.1×14.7×+0.3×14.4×+0.3×14.1×+0.7×
Liquidity
Current ratio+0.1×3.9×-0.3×4.2×+0.1×4.1×+0.1×
Leverage
Debt-to-equity1.3×-0.4×1.7×+0.1×1.6×-0.4×1.9×-0.7×
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%
Price / earnings227.1×+34.5×192.6×+40.1×152.5×-11.7×164.2×+14.4×
Price / sales6.6×+1.3×5.4×+1.4×3.9×-0.3×4.2×+0.5×
Price / book66.8×+7.6×59.2×+19.3×39.9×-6.5×46.4×+3.6×

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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.