Costco Wholesale (COST) Financials: Revenue & Earnings

COST price $982.73 -9.40 -0.95%

Ticker
COST
Price
$982.73
Change
-9.40 -0.95%
Market cap ?
$435.48B
P/E ?
47.32
Forward P/E ?
43.11
Dividend yield ?
0.56%
Beta ?
0.87
Sector
Consumer Defensive
Industry
Discount Stores
Stocklytics score
39
Value
14
Quality
50
Growth
53

Stocklytics score rationale: value 14, quality 50, growth 53.

Financials

2017201820192020202120222023202420252026
129025000000141576000000152703000000166761000000195929000000226954000000242290000000254453000000275235000000303154000000

Costco Wholesale Corporation, alongside its group entities, operates membership-based retail warehouses across a broad international scope, spanning the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, South Korea, Australia, Spain, France, Iceland, China, and Taiwan. These outlets provide customers with an extensive array of both well-known branded and proprietary private-label products. Their…

Fair value

COST fair value $548.00. Price $982.73. Price is 79% above fair value.

Above fair value, and more expensive than usual. A larger premium than on 88% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 13.15B. Growth 9.26%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.08% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 443.13M. Net debt -11.63B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Model uncertainty high for this stock

Free cash flow adds back growth capex above depreciation.

Compare COST

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-12-10—4.93—74.25B
2026-09-246.756.5493.87B94.97B
2026-05-284.935.0070.53B69.83B
2026-03-054.584.5569.60B69.29B
2025-12-114.504.2767.31B67.14B
2025-09-255.875.8086.16B86.01B
2025-05-294.284.2463.20B63.13B
2025-03-064.024.0963.72B63.11B
2024-12-124.043.7962.15B62.05B
2024-09-265.295.0879.70B79.91B
2024-05-303.783.7058.52B58.02B
2024-03-073.923.6258.44B59.11B
2023-12-143.583.4257.80B57.79B
2023-09-264.864.7978.94B77.72B
2023-05-252.933.2953.65B54.53B
2023-03-023.303.2155.27B55.57B
2022-12-083.103.1154.44B58.36B
2022-09-224.204.1772.09B70.80B
2022-05-263.173.0352.60B51.56B
2022-03-032.922.7451.90B51.53B
2021-12-092.982.5950.36B49.65B
2021-09-233.903.5762.67B61.41B
2021-05-272.752.3445.28B37.34B
2021-03-042.142.4544.77B50.43B
2020-12-102.302.0543.21B37.91B
2020-09-243.042.8453.38B49.87B
2020-05-281.891.9537.27B38.45B
2020-03-052.102.0639.07B38.33B
2019-12-121.731.7237.04B36.83B
2019-10-032.692.5447.50B45.03B
2019-05-301.891.8234.74B33.45B
2019-03-072.011.6935.40B29.76B
2018-12-131.611.6235.07B35.29B
2018-10-042.362.3644.41B44.41B
2018-05-311.701.6932.36B32.17B
2018-03-071.421.4732.99B30.50B
2017-12-141.361.3431.81B29.40B
2017-10-052.082.0242.30B41.08B
2017-05-251.401.3128.86B27.00B
2017-03-021.171.3629.77B34.60B

Dividends

Yield 0.56%. Payout ratio 26.64%. Frequency Quarterly.

Safety score 91/100 · Safe. Payout ratio is 27% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 23 separate years. Yield is 0.6%, which is modest.

Ex-dateDividendRecordPaymentFrequency
2026-10-30$1.472026-10-302026-11-13Quarterly
2026-07-24$1.472026-07-242026-08-07Quarterly
2026-05-01$1.472026-05-012026-05-15Quarterly
2026-01-30$1.302026-01-302026-02-13Quarterly
2025-10-31$1.302025-10-312025-11-14Quarterly
2025-08-01$1.302025-08-012025-08-15Quarterly
2025-05-02$1.302025-05-022025-05-16Quarterly
2025-02-07$1.162025-02-072025-02-21Quarterly
2024-11-01$1.162024-11-012024-11-15Quarterly
2024-07-26$1.162024-07-262024-08-09Quarterly
2024-04-25$1.162024-04-262024-05-10Quarterly
2024-02-01$1.022024-02-022024-02-16Quarterly
2023-12-27$15.002023-12-282024-01-12Special
2023-11-02$1.022023-11-032023-11-17Quarterly
2023-08-24$1.022023-08-252023-09-08Quarterly
2023-05-04$1.022023-05-052023-05-19Quarterly
2023-02-02$0.902023-02-032023-02-17Quarterly
2022-10-27$0.902022-10-282022-11-10Quarterly
2022-07-28$0.902022-07-292022-08-12Quarterly
2022-04-28$0.902022-04-292022-05-13Quarterly
2022-02-03$0.792022-02-042022-02-18Quarterly
2021-10-28$0.792021-10-292021-11-12Quarterly
2021-07-29$0.792021-07-302021-08-13Quarterly
2021-04-29$0.792021-04-302021-05-14Quarterly
2021-02-04$0.702021-02-052021-02-19Quarterly
2020-12-01$10.002020-12-022020-12-11Special
2020-10-29$0.702020-10-302020-11-13Quarterly
2020-07-30$0.702020-07-312020-08-14Quarterly
2020-04-30$0.702020-05-012020-05-15Quarterly
2020-02-06$0.652020-02-072020-02-21Quarterly
2019-10-31$0.652019-11-012019-11-15Quarterly
2019-08-29$0.652019-08-302019-09-13Quarterly
2019-05-09$0.652019-05-102019-05-24Quarterly
2019-02-07$0.572019-02-082019-02-22Quarterly
2018-11-08$0.572018-11-092018-11-23Quarterly
2018-08-30$0.572018-08-312018-09-14Quarterly
2018-05-10$0.572018-05-112018-05-25Quarterly
2018-02-15$0.502018-02-162018-03-02Quarterly
2017-11-16$0.502017-11-172017-12-01Quarterly
2017-08-16$0.502017-08-182017-09-01Quarterly
2017-05-10$0.502017-05-122017-05-26Quarterly
2017-05-08$7.002017-05-102017-05-26Special
2017-02-08$0.452017-02-102017-02-24Quarterly
2016-11-02$0.452016-11-042016-11-18Quarterly
2016-08-10$0.452016-08-122016-08-26Quarterly
2016-04-27$0.452016-04-292016-05-13Quarterly
2016-02-10$0.402016-02-122016-02-26Quarterly
2015-11-10$0.402015-11-132015-11-27Quarterly
2015-08-12$0.402015-08-142015-08-28Quarterly
2015-04-29$0.402015-05-012015-05-15Quarterly
2015-02-11$0.352015-02-132015-02-27Quarterly
2015-02-05$5.002015-02-092015-02-27Special
2014-11-12$0.352014-11-142014-11-28Quarterly
2014-07-09$0.352014-07-112014-07-25Quarterly
2014-05-14$0.352014-05-162014-05-30Quarterly
2014-02-12$0.312014-02-142014-02-28Quarterly
2013-11-13$0.312013-11-152013-11-29Quarterly
2013-08-07$0.312013-08-092013-08-23Quarterly
2013-05-15$0.312013-05-172013-05-31Quarterly
2013-02-06$0.282013-02-082013-02-22Quarterly
2012-12-06$7.002012-12-102012-12-18Special
2012-11-14$0.282012-11-162012-11-30Quarterly
2012-08-08$0.282012-08-102012-08-24Quarterly
2012-05-23$0.282012-05-252012-06-08Quarterly
2012-02-08$0.242012-02-102012-02-24Quarterly
2011-11-08$0.242011-11-112011-11-25Quarterly
2011-08-03$0.242011-08-052011-08-19Quarterly
2011-05-11$0.242011-05-132011-05-27Quarterly
2011-02-09$0.202011-02-112011-02-25Quarterly
2010-10-27$0.202010-10-292010-11-12Quarterly
2010-08-04$0.202010-08-062010-08-20Quarterly
2010-05-05$0.202010-05-072010-05-21Quarterly
2010-02-10$0.182010-02-122010-02-26Quarterly
2009-10-21$0.182009-10-232009-11-06Quarterly
2009-08-12$0.182009-08-142009-08-28Quarterly
2009-05-13$0.182009-05-152009-05-29Quarterly
2009-02-11$0.162009-02-132009-02-27Quarterly
2008-11-12$0.162008-11-142008-11-28Quarterly
2008-08-06$0.162008-08-082008-08-22Quarterly
2008-05-14$0.162008-05-162008-05-30Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-10-22Sullivan John ChristopherBuy4.55K——
2026-10-22Sullivan John ChristopherSell573$1,018.21583.27K
2026-10-22Sullivan John ChristopherSell647$1,018.21659.08K
2026-10-22Sullivan John ChristopherSell975$1,018.21992.78K
2026-10-22Sullivan John ChristopherSell732$1,018.21745.64K
2026-10-22Sullivan John ChristopherSell836$1,018.21851.01K
2026-10-22Self Adam WebbSell62$1,018.2162.79K
2026-10-22Self Adam WebbSell64$1,018.2165.38K
2026-10-22Self Adam WebbSell57$1,018.2158.38K
2026-10-22Self Adam WebbSell36$1,018.2136.70K
2026-10-22Self Adam WebbSell41$1,018.2141.25K
2026-10-22POLIT JAVIERBuy4.13K——
2026-10-22POLIT JAVIERSell391$1,018.21397.99K
2026-10-22POLIT JAVIERSell294$1,018.21299.66K
2026-10-22POLIT JAVIERSell337$1,018.21343.15K
2026-10-22POLIT JAVIERSell549$1,018.21559.44K
2026-10-22MILLERCHIP GARYBuy6.14K——
2026-10-22MILLERCHIP GARYSell313$1,018.21319.16K
2026-10-22MILLERCHIP GARYSell500$1,018.21509.43K
2026-10-22MILLERCHIP GARYSell817$1,018.21831.84K
2026-10-22Vachris Roland MichaelBuy13.97K——
2026-10-22Vachris Roland MichaelSell1.40K$1,018.211.43M
2026-10-22Vachris Roland MichaelSell1.12K$1,018.211.14M
2026-10-22Vachris Roland MichaelSell1.13K$1,018.211.15M
2026-10-22Wilderotter Mary AgnesBuy266——
2026-10-22STANTON JOHN WBuy266——
2026-10-22Raimondo Gina MarieBuy266——
2026-10-22RAIKES JEFFREY SBuy266——
2026-10-22Klauer James CSell191$1,018.21194.15K
2026-10-22Klauer James CSell396$1,018.21403.39K
2026-10-22Klauer James CSell530$1,018.21539.62K
2026-10-22Klauer James CSell443$1,018.21450.75K
2026-10-22Klauer James CSell542$1,018.21551.72K
2026-10-22JEWELL SARAH MR SALLYBuy266——
2026-10-22JAMES HAMILTON EBuy266——
2026-10-22George Sarah CatherineSell60$1,018.2161.08K
2026-10-22George Sarah CatherineSell62$1,018.2163.60K
2026-10-22George Sarah CatherineSell56$1,018.2156.79K
2026-10-22George Sarah CatherineSell35$1,018.2135.46K
2026-10-22George Sarah CatherineSell47$1,018.2147.56K
2026-10-22Foulkes HelenaBuy266——
2026-10-22DENMAN KENNETH DBuy266——
2026-10-22DECKER SUSAN LBuy266——
2026-10-22Barbre Tiffany MarieBuy1.97K——
2026-10-22Barbre Tiffany MarieSell90$1,018.2191.87K
2026-10-22Barbre Tiffany MarieSell94$1,018.2195.66K
2026-10-22Barbre Tiffany MarieSell102$1,018.21103.38K
2026-10-22Barbre Tiffany MarieSell85$1,018.2186.14K
2026-10-22Barbre Tiffany MarieSell166$1,018.21169.48K
2026-10-22Adamo ClaudineSell97$1,018.2198.71K
2026-10-22Adamo ClaudineSell198$1,018.21201.90K
2026-10-22Adamo ClaudineSell177$1,018.21180.28K
2026-10-22Adamo ClaudineSell111$1,018.21112.99K
2026-10-22Adamo ClaudineSell109$1,018.21110.58K
2026-10-13Wilcox William RichardSell1.10K$958.211.05M
2026-09-29Frates CatonSell801$915.93733.33K
2026-09-29Adamo ClaudineSell2.20K$915.932.02M
2026-09-10Wilcox William RichardBuy4.13K——
2026-09-10Wilcox William RichardSell1.93K$902.381.75M
2026-09-10Rubanenko YoramBuy4.13K——
2026-09-10Rubanenko YoramSell1.70K$902.381.53M
2026-09-10Riel PierreBuy4.55K——
2026-09-10Riel PierreSell1.56K$902.381.41M
2026-09-10Klauer James CBuy4.13K——
2026-09-10Klauer James CSell936$902.38844.73K
2026-09-10Jones Teresa A.Buy4.13K——
2026-09-10Jones Teresa A.Sell1.46K$902.381.32M
2026-09-10Frates CatonBuy4.55K——
2026-09-10Frates CatonSell1.65K$902.381.49M
2026-09-10Adamo ClaudineBuy4.13K——
2026-09-10Adamo ClaudineSell917$902.38827.20K
2026-08-31Self Adam WebbOther0——
2026-08-31Self Adam WebbOther0——
2026-07-10RAIKES JEFFREY SSell5.25K——
2026-06-23DENMAN KENNETH DSell885$957.45847.35K
2026-04-01Frates CatonSell700$993.00695.10K
2026-03-12George Sarah CatherineSell642$991.21636.48K
2026-03-11MILLERCHIP GARYSell1.15K$992.231.15M
2026-03-09Adamo ClaudineSell730$1,003.02732.21K
2026-03-02George Sarah CatherineOther0——
2026-03-02George Sarah CatherineOther0——
2026-03-02George Sarah CatherineOther0——
2026-01-27RAIKES JEFFREY SSell5.12K——
2026-01-27Jones Teresa A.Sell300——
2026-01-21Jones Teresa A.Sell850$986.26838.32K
2026-01-16DECKER SUSAN LSell458$955.00437.39K
2026-01-16Raimondo Gina MarieBuy215——
2026-01-15Raimondo Gina MarieOther0——
2026-01-14Klauer James CSell1.50K$939.001.41M
2026-01-09Miller Russell DSell1.50K$916.321.37M
2025-12-30POLIT JAVIERSell558$862.89481.76K
2025-12-29POLIT JAVIERSell2.05K$867.211.78M
2025-12-19DENMAN KENNETH DSell325——
2025-12-15DECKER SUSAN LSell2.83K——
2025-11-10RAIKES JEFFREY SSell4.12K——
2025-11-07Wilcox William RichardSell2.40K$930.132.23M
2025-10-24Barbre Tiffany MarieSell1.24K$934.621.16M
2025-10-24Adamo ClaudineSell2.70K$935.682.53M
2025-10-22Barbre Tiffany MarieBuy2.12K——
2025-10-22Barbre Tiffany MarieSell114$944.68107.25K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 4.38K, holders -14 vs prior quarter. Ownership 73.54%.

HolderSharesChangeChange %Value
BLACKROCK, INC.34.20M-744.21K-2.13%32.00B
VANGUARD CAPITAL MANAGEMENT LLC28.98M129.16K+0.45%27.11B
STATE STREET CORP18.38M232.72K+1.28%17.20B
INVESCO LTD.13.99M4.67M+50.17%13.09B
GEODE CAPITAL MANAGEMENT, LLC10.63M-31.75K-0.30%9.90B
VANGUARD PORTFOLIO MANAGEMENT LLC10.40M-303.08K-2.83%9.73B
MORGAN STANLEY10.22M321.73K+3.25%9.56B
BANK OF AMERICA CORP /DE/7.25M-265.26K-3.53%6.78B
NORGES BANK6.47M6.47MNew6.06B
FMR LLC6.16M-555.05K-8.26%5.77B
NORTHERN TRUST CORP4.84M-92.19K-1.87%4.52B
ROYAL BANK OF CANADA4.29M533.26K+14.19%4.02B
JPMORGAN CHASE & CO4.22M184.28K+4.56%4.00B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC3.63M231.37K+6.80%3.40B
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.3.63M3.63MNew3.40B
SUSQUEHANNA INTERNATIONAL GROUP, LLP3.36M1.29M+62.72%3.14B
GOLDMAN SACHS GROUP INC3.29M79.92K+2.49%3.08B
FISHER ASSET MANAGEMENT, LLC3.25M33.18K+1.03%3.04B
BANK OF NEW YORK MELLON CORP3.22M-176.57K-5.21%3.01B
NUVEEN, LLC3.19M115.82K+3.77%2.98B
WELLS FARGO & COMPANY/MN3.11M-5.70K-0.18%2.91B
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC3.07M160.89K+5.53%2.87B
SUSQUEHANNA INTERNATIONAL GROUP, LLP2.97M901.10K+43.64%2.77B
CAPITAL INTERNATIONAL INVESTORS2.77M21.19K+0.77%2.59B
ALLIANCEBERNSTEIN L.P.2.55M-217.24K-7.85%2.54B

Earnings and financials

Costco Wholesale Corporation (COST) trades at $982.73, with a market cap of $435.48B and a trailing P/E of 47.32. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.

Financials

2017201820192020202120222023202420252026
129025000000141576000000152703000000166761000000195929000000226954000000242290000000254453000000275235000000303154000000

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Costco Wholesale (COST) Financials: Revenue & Earnings

COST$982.73-9.40 -0.95%

$435.48B

Market Cap

47.32

P/E

43.11

Forward P/E

39

Score

Price History