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Costco Wholesale COST Return on invested capital

Return on invested capital at other companies

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TargetTGT
11.9%-6.4pp
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KrogerKR
12.2%-6.8pp
Sysco logo
SyscoSYY
15.9%+0.4pp
Walmart
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Walmart WMT
15.3%-1.2pp
Weis Markets logo
Weis MarketsWMK
6.7%+0.5pp
Best Buy logo
Best BuyBBY
21.2%+5.4pp

Other financials

Income statement

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Revenue$70.5B+11.6%
Gross profit$9.0B+9.7%
Operating income$2.8B+11.3%
Net income$2.2B+15.2%
EPS (diluted)$4.93+15.2%

Balance sheet

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Cash & equivalents$18.9B+36.9%
Total debt$8.1B-2.7%
Total equity$33.5B+23.5%
Total assets$86.4B+14.5%

Cash flow

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Operating cash flow$11.1B+17.6%
CapEx$4.2B+19.7%
Free cash flow$6.9B+16.3%

Valuation

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Market cap$422.14B-0.4%
Enterprise value$411.33B-1.6%
P/E47.8×-6.3×
P/S1.4×-0.1×

Profitability

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Gross margin12.9%+0.1pp
Operating margin3.8%+0.1pp
Net margin3%+0.1pp
FCF margin3.8%

Returns & leverage

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Return on equity29.2%-2.9pp
Debt / equity0.2×-0.1×
Current ratio1.1×+0.1×

Where this comes from

Calculated from Costco Wholesale’s reported figures.

Based on trailing twelve months.

The source filing: Costco Wholesale’s 10-Q, filed June 3, 2026. Open the filing →

Filed
Jun 3, 2026, 4:43 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000909832-26-000051

FAQ

What is Costco Wholesale's return on invested capital?
Costco Wholesale (COST) reported return on invested capital of 50.6% in Q1 2026.
How has Costco Wholesale's return on invested capital changed year-over-year?
Costco Wholesale's return on invested capital increased by 6.2% year-over-year, from 47.7% to 50.6%.
What is the long-term trend for Costco Wholesale's return on invested capital?
Over 4 years (2021 to 2025), Costco Wholesale's return on invested capital has grown at a 9.9% compound annual growth rate (CAGR), from 29.3% to 42.7%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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