Cash flow Costco Wholesale Corporation

Stocks

COST

US22160K1051

Discount Stores

Market Closed - Nasdaq Other stock markets 00:00:00 13/06/2026 +04			5-day change	1st Jan Change
982.35 ^USD	+0.68%		+1.08%	+13.92%

06-13	Target investors reject proposal for independent board chair, support rises but stays below majority	RE
06-12	AI Likely to Become Functional Part Across Retail Operations, UBS Says	MT

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Published financial data: COSTCO WHOLESALE CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2021	2022	2023	2024	2025
Revenues	196B	227B	242B	254B	275B
Total Revenues	196B	227B	242B	254B	275B
Cost of Goods Sold, Total	171B	199B	212B	222B	240B
Gross Profit	25.24B	27.57B	30.1B	32.1B	35.35B
Selling General & Admin Expenses, Total	17.95B	19.78B	21.59B	22.81B	24.97B
Pre-Opening Costs	76M	-	-	-	-
Other Operating Expenses, Total	18.02B	19.78B	21.59B	22.81B	24.97B
Operating Income	7.22B	7.79B	8.5B	9.28B	10.38B
Interest Expense, Total	-171M	-158M	-160M	-169M	-154M
Interest And Investment Income	41M	61M	470M	533M	469M
Net Interest Expenses	-130M	-97M	310M	364M	315M
Currency Exchange Gains (Loss)	56M	106M	29M	26M	84M
Other Non Operating Income (Expenses)	46M	38M	34M	65M	36M
EBT, Excl. Unusual Items	7.2B	7.84B	8.88B	9.74B	10.82B
Merger & Related Restructuring Charges	-	-	-	-	-
Asset Writedown	-	-	-391M	-	-
Other Unusual Items	-515M	-	-	-	-
EBT, Incl. Unusual Items	6.68B	7.84B	8.49B	9.74B	10.82B
Income Tax Expense	1.6B	1.92B	2.2B	2.37B	2.72B
Earnings From Continuing Operations	5.08B	5.92B	6.29B	7.37B	8.1B
Net Income to Company	5.08B	5.92B	6.29B	7.37B	8.1B
Minority Interest	-72M	-71M	-	-	-
Net Income - (IS)	5.01B	5.84B	6.29B	7.37B	8.1B
Net Income to Common Incl Extra Items	5.01B	5.84B	6.29B	7.37B	8.1B
Net Income to Common Excl. Extra Items	5.01B	5.84B	6.29B	7.37B	8.1B
Per Share Items
Net EPS - Basic	11.3	13.17	14.18	16.6	18.24
Basic EPS - Continuing Operations	11.3	13.17	14.18	16.6	18.24
Basic Weighted Average Shares Outstanding	443M	444M	444M	444M	444M
Net EPS - Diluted	11.27	13.14	14.16	16.56	18.21
Diluted EPS - Continuing Operations	11.27	13.14	14.16	16.56	18.21
Diluted Weighted Average Shares Outstanding	444M	445M	444M	445M	445M
Normalized Basic EPS	9.99	10.88	12.5	13.71	15.23
Normalized Diluted EPS	9.96	10.86	12.48	13.69	15.2
Dividend Per Share	2.98	3.38	3.84	4.36	4.92
Payout Ratio	26.32	25.63	19.88	32.39	26.95
American Depositary Receipts Ratio (ADR)	0.02	0.02	0.02	0.02	0.02
Supplemental Items
EBITDA	9B	9.69B	10.58B	11.52B	12.81B
EBITA	7.22B	7.79B	8.5B	9.28B	10.38B
EBIT	7.22B	7.79B	8.5B	9.28B	10.38B
EBITDAR	9.45B	10.15B	11.05B	11.97B	13.26B
Total Revenues (As Reported)	196B	227B	242B	254B	275B
Effective Tax Rate - (Ratio)	23.97	24.55	25.86	24.36	25.13
Current Domestic Taxes	983M	1.13B	1.43B	1.68B	1.84B
Current Foreign Taxes	557M	851M	732M	798M	955M
Total Current Taxes	1.54B	1.98B	2.16B	2.47B	2.8B
Deferred Domestic Taxes	95M	-40M	43M	-29M	-60M
Deferred Foreign Taxes	-34M	-17M	-10M	-72M	-20M
Total Deferred Taxes	61M	-57M	33M	-101M	-80M
Normalized Net Income	4.42B	4.83B	5.55B	6.09B	6.76B
Interest on Long-Term Debt	37M	45M	54M	58M	63M
Supplemental Operating Expense Items
Net Rental Expense, Total	447M	454M	469M	447M	453M
Imputed Operating Lease Interest Expense	54.37M	51.44M	55.99M	59M	56.13M
Imputed Operating Lease Depreciation	393M	403M	413M	388M	397M
Stock-Based Comp., Other (Total)	665M	724M	774M	818M	860M
Total Stock-Based Compensation	665M	724M	774M	818M	860M

Fiscal Period: August	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	11.26B	10.2B	13.7B	9.91B	14.16B
Short Term Investments	917M	846M	1.53B	1.24B	1.12B
Total Cash And Short Term Investments	12.18B	11.05B	15.23B	11.14B	15.28B
Accounts Receivable, Total	1.8B	2.24B	2.28B	2.72B	3.2B
Other Receivables	-	-	-	-	-
Total Receivables	1.8B	2.24B	2.28B	2.72B	3.2B
Inventory	14.22B	17.91B	16.65B	18.65B	18.12B
Other Current Assets, Total	1.31B	1.5B	1.71B	1.73B	1.78B
Total Current Assets	29.5B	32.7B	35.88B	34.25B	38.38B
Gross Property Plant And Equipment	41.55B	44.33B	47.41B	51B	55.05B
Accumulated Depreciation	-14.17B	-15.29B	-16.68B	-17.92B	-18.93B
Net Property Plant And Equipment	27.38B	29.04B	30.72B	33.08B	36.12B
Goodwill	996M	993M	994M	994M	953M
Deferred Tax Assets Long-Term	444M	445M	491M	548M	592M
Other Long-Term Assets, Total	941M	992M	908M	961M	1.05B
Total Assets	59.27B	64.17B	68.99B	69.83B	77.1B
Liabilities
Accounts Payable, Total	16.28B	17.85B	17.48B	19.42B	19.78B
Accrued Expenses, Total	5.76B	6.29B	6.43B	7.23B	7.88B
Current Portion of Long-Term Debt	799M	73M	1.08B	103M	75M
Current Portion of Leases	294M	484M	349M	326M	286M
Unearned Revenue Current, Total	2.04B	2.17B	2.34B	2.5B	2.85B
Other Current Liabilities	4.27B	5.13B	5.9B	5.88B	6.23B
Total Current Liabilities	29.44B	32B	33.58B	35.46B	37.11B
Long-Term Debt	6.69B	6.48B	5.38B	5.79B	5.71B
Long-Term Leases	3.62B	3.86B	3.73B	3.73B	3.86B
Deferred Tax Liability Non Current	754M	724M	795M	769M	724M
Other Non Current Liabilities	681M	448M	452M	456M	529M
Total Liabilities	41.19B	43.52B	43.94B	46.21B	47.94B
Common Stock, Total	4M	2M	2M	2M	2M
Additional Paid In Capital	7.03B	6.88B	7.34B	7.83B	8.28B
Retained Earnings	11.67B	15.58B	19.52B	17.62B	22.65B
Comprehensive Income and Other	-1.14B	-1.83B	-1.8B	-1.83B	-1.77B
Total Common Equity	17.56B	20.64B	25.06B	23.62B	29.16B
Minority Interest	514M	5M	-	-	-
Total Equity	18.08B	20.65B	25.06B	23.62B	29.16B
Total Liabilities And Equity	59.27B	64.17B	68.99B	69.83B	77.1B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	442M	443M	443M	443M	443M
ECS Total Common Shares Outstanding	442M	443M	443M	443M	443M
Book Value / Share	39.75	46.63	56.59	53.31	65.8
Tangible Book Value	16.57B	19.65B	24.06B	22.63B	28.21B
Tangible Book Value Per Share	37.5	44.39	54.35	51.06	63.65
Total Debt	11.41B	10.91B	10.54B	9.95B	9.94B
Net Debt	-768M	-143M	-4.7B	-1.2B	-5.35B
Debt Equivalent Oper. Leases	3.58B	3.63B	3.75B	3.58B	3.62B
Minority Interest, Total (Incl. Fin. Div)	514M	5M	-	-	-
Account Code - Inventory Valuation	4	4	4	4	4
Inventories - Finished Goods, Total	14.22B	17.91B	16.65B	18.65B	18.12B
Land - (BS)	7.51B	7.96B	8.59B	9.45B	10.32B
Buildings, Total	19.14B	20.12B	22B	23.73B	25.51B
Machinery, Total	9.5B	10.28B	11.51B	12.39B	13.13B
Full Time Employees	288K	304K	316K	333K	341K
Part Time Employees	-	-	-	-	-

Fiscal Period: August	2021	2022	2023	2024	2025
Net Income	5.01B	5.84B	6.29B	7.37B	8.1B
Depreciation & Amortization - CF	1.78B	1.9B	2.08B	2.24B	2.43B
Depreciation & Amortization, Total	1.78B	1.9B	2.08B	2.24B	2.43B
Asset Writedown & Restructuring Costs	-	-	495M	-9M	-117M
Stock-Based Compensation (CF)	665M	724M	774M	818M	860M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	502M	487M	412M	315M	303M
Change In Inventories	-1.89B	-4B	1.23B	-2.07B	559M
Change In Accounts Payable	1.84B	1.89B	-382M	1.94B	404M
Change in Other Net Operating Assets	1.06B	549M	172M	741M	801M
Cash from Operations	8.96B	7.39B	11.07B	11.34B	13.34B
Capital Expenditure	-3.59B	-3.89B	-4.32B	-4.71B	-5.5B
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	115M	24M	-685M	320M	113M
Other Investing Activities, Total	-62M	-48M	36M	-19M	74M
Cash from Investing	-3.54B	-3.92B	-4.97B	-4.41B	-5.31B
Short Term Debt Issued, Total	41M	-	917M	928M	816M
Long-Term Debt Issued, Total	188M	-	-	498M	-
Total Debt Issued	229M	-	917M	1.43B	816M
Short Term Debt Repaid, Total	-	-	-935M	-920M	-862M
Long-Term Debt Repaid, Total	-94M	-800M	-366M	-1.21B	-250M
Total Debt Repaid	-94M	-800M	-1.3B	-2.13B	-1.11B
Repurchase of Common Stock	-808M	-802M	-979M	-1.02B	-1.3B
Common Dividends Paid	-1.32B	-1.5B	-1.25B	-2.39B	-2.18B
Common & Preferred Stock Dividends Paid	-1.32B	-1.5B	-1.25B	-2.39B	-2.18B
Special Dividend Paid	-4.43B	-	-	-6.66B	-
Other Financing Activities, Total	-67M	-1.18B	-	-	-
Cash from Financing	-6.49B	-4.28B	-2.61B	-10.76B	-3.78B
Foreign Exchange Rate Adjustments	46M	-249M	15M	40M	6M
Net Change in Cash	-1.02B	-1.06B	3.5B	-3.79B	4.26B
Supplemental Items
Cash Interest Paid	149M	145M	125M	129M	106M
Cash Income Tax Paid (Refund)	1.53B	1.94B	2.23B	2.32B	2.92B
Levered Free Cash Flow	4.61B	2.28B	5.46B	4.47B	5.9B
Unlevered Free Cash Flow	4.72B	2.38B	5.56B	4.57B	6B
Change In Net Working Capital	-1.35B	1.22B	-1.71B	-425M	-1.72B
Net Debt Issued / Repaid	135M	-800M	-384M	-708M	-296M

Fiscal Period: August	2021	2022	2023	2024	2025
Profitability
Return on Assets	7.86	7.89	7.98	8.36	8.83
Return on Total Capital	15.23	15.96	15.83	16.78	17.86
Return On Equity %	27.62	30.55	27.53	30.27	30.69
Return on Common Equity	27.93	30.59	27.54	30.27	30.69
Margin Analysis
Gross Profit Margin %	12.88	12.15	12.42	12.61	12.84
SG&A Margin	9.16	8.71	8.91	8.96	9.07
EBITDA Margin %	4.6	4.27	4.37	4.53	4.65
EBITA Margin %	3.69	3.43	3.51	3.65	3.77
EBIT Margin %	3.69	3.43	3.51	3.65	3.77
Income From Continuing Operations Margin %	2.59	2.61	2.6	2.9	2.94
Net Income Margin %	2.56	2.57	2.6	2.9	2.94
Net Avail. For Common Margin %	2.56	2.57	2.6	2.9	2.94
Normalized Net Income Margin	2.26	2.13	2.29	2.39	2.46
Levered Free Cash Flow Margin	2.35	1	2.25	1.76	2.14
Unlevered Free Cash Flow Margin	2.41	1.05	2.29	1.8	2.18
Asset Turnover
Asset Turnover	3.41	3.68	3.64	3.67	3.75
Fixed Assets Turnover	7.45	8.04	8.11	7.98	7.95
Receivables Turnover (Average Receivables)	116.87	112.24	107.07	101.66	92.92
Inventory Turnover (Average Inventory)	12.9	12.41	12.28	12.6	13.05
Short Term Liquidity
Current Ratio	1	1.02	1.07	0.97	1.03
Quick Ratio	0.47	0.42	0.52	0.39	0.5
Operating Cash Flow to Current Liabilities	0.3	0.23	0.33	0.32	0.36
Days Sales Outstanding (Average Receivables)	3.11	3.24	3.47	3.58	3.92
Days Outstanding Inventory (Average Inventory)	28.21	29.32	30.21	28.89	27.89
Average Days Payable Outstanding	32.1	30.58	31.07	29.94	29.81
Cash Conversion Cycle (Average Days)	-0.77	1.98	2.61	2.53	2
Long Term Solvency
Total Debt/Equity	63.1	52.82	42.05	42.12	34.07
Total Debt / Total Capital	38.69	34.56	29.6	29.64	25.41
LT Debt/Equity	57.05	50.12	36.34	40.3	32.83
Long-Term Debt / Total Capital	34.98	32.8	25.58	28.36	24.49
Total Liabilities / Total Assets	69.5	67.82	63.68	66.17	62.17
EBIT / Interest Expense	42.24	49.32	53.16	54.94	67.42
EBITDA / Interest Expense	55.27	64.22	69.07	70.82	86.12
(EBITDA - Capex) / Interest Expense	34.29	39.59	42.05	42.95	50.42
Total Debt / EBITDA	1.21	1.07	0.95	0.83	0.75
Net Debt / EBITDA	-0.08	-0.01	-0.43	-0.1	-0.4
Total Debt / (EBITDA - Capex)	1.95	1.74	1.57	1.37	1.28
Net Debt / (EBITDA - Capex)	-0.13	-0.02	-0.7	-0.16	-0.69
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.49	15.83	6.76	5.02	8.17
Gross Profit, 1 Yr. Growth %	15.69	9.22	9.15	6.65	10.14
EBITDA, 1 Yr. Growth %	27.18	7.65	7.86	8.88	11.17
EBITA, 1 Yr. Growth %	32.9	7.89	7.51	9.17	11.83
EBIT, 1 Yr. Growth %	32.9	7.89	7.51	9.17	11.83
Earnings From Cont. Operations, 1 Yr. Growth %	25.13	16.46	6.37	17.09	9.94
Net Income, 1 Yr. Growth %	25.11	16.72	7.67	17.09	9.94
Normalized Net Income, 1 Yr. Growth %	33.28	9.13	13.18	9.71	11.07
Diluted EPS Before Extra, 1 Yr. Growth %	24.94	16.59	7.76	16.95	9.96
Accounts Receivable, 1 Yr. Growth %	16.32	24.29	1.96	19.08	17.71
Inventory, 1 Yr. Growth %	16.12	25.97	-7.01	11.99	-2.85
Net Property, Plant and Equip., 1 Yr. Growth %	8.71	6.06	5.79	7.68	9.19
Total Assets, 1 Yr. Growth %	6.68	8.26	7.52	1.21	10.41
Tangible Book Value, 1 Yr. Growth %	-4.21	18.6	22.47	-5.97	19.56
Common Equity, 1 Yr. Growth %	-3.94	17.52	21.39	-5.73	23.46
Cash From Operations, 1 Yr. Growth %	1.09	-17.48	49.73	2.45	17.6
Capital Expenditures, 1 Yr. Growth %	27.69	8.44	11.1	8.95	16.73
Levered Free Cash Flow, 1 Yr. Growth %	-7.34	-50.54	131.78	-18.14	32.05
Unlevered Free Cash Flow, 1 Yr. Growth %	-7.06	-49.57	126.53	-17.71	31.1
Dividend Per Share, 1 Yr. Growth %	10.37	13.42	13.61	13.54	12.84
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.27	16.66	11.2	5.89	6.58
Gross Profit, 2 Yr. CAGR %	12.87	12.41	9.18	7.89	8.38
EBITDA, 2 Yr. CAGR %	20.23	17.01	11.1	8.37	10.02
EBITA, 2 Yr. CAGR %	23.48	19.74	11.9	8.34	10.49
EBIT, 2 Yr. CAGR %	23.48	19.74	11.9	8.34	10.49
Earnings From Cont. Operations, 2 Yr. CAGR %	17.1	20.72	11.3	11.6	13.45
Net Income, 2 Yr. CAGR %	16.98	20.84	12.1	12.28	13.45
Normalized Net Income, 2 Yr. CAGR %	22.82	21.02	15.55	11.43	10.39
Diluted EPS Before Extra, 2 Yr. CAGR %	16.81	20.7	12.09	12.26	13.4
Accounts Receivable, 2 Yr. CAGR %	8.38	20.24	12.58	10.19	18.4
Inventory, 2 Yr. CAGR %	11.69	20.94	8.23	2.05	4.31
Net Property, Plant and Equip., 2 Yr. CAGR %	14.49	7.38	5.92	6.73	8.43
Total Assets, 2 Yr. CAGR %	14.26	7.47	7.89	4.32	5.71
Tangible Book Value, 2 Yr. CAGR %	4.44	6.59	20.52	7.31	8.27
Common Equity, 2 Yr. CAGR %	7.34	6.25	19.44	6.98	7.88
Cash From Operations, 2 Yr. CAGR %	18.72	-8.66	11.16	23.85	9.76
Capital Expenditures, 2 Yr. CAGR %	9.4	17.67	9.77	10.02	12.77
Levered Free Cash Flow, 2 Yr. CAGR %	33.28	-32.3	12.11	37.74	3.97
Unlevered Free Cash Flow, 2 Yr. CAGR %	32.45	-31.54	11.77	36.53	3.86
Dividend Per Share, 2 Yr. CAGR %	10.51	11.89	13.52	13.58	13.19
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.44	14.12	13.26	9.1	6.64
Gross Profit, 3 Yr. CAGR %	11.07	11.64	11.31	8.33	8.63
EBITDA, 3 Yr. CAGR %	15.02	15.88	14.33	10.36	9.3
EBITA, 3 Yr. CAGR %	17.26	18.05	16.1	10.98	9.49
EBIT, 3 Yr. CAGR %	17.26	18.05	16.1	10.98	9.49
Earnings From Cont. Operations, 3 Yr. CAGR %	16.9	16.89	15.73	13.2	11.04
Net Income, 3 Yr. CAGR %	16.9	16.89	16.28	13.74	11.49
Normalized Net Income, 3 Yr. CAGR %	17.45	18.08	18.94	13.57	11.31
Diluted EPS Before Extra, 3 Yr. CAGR %	16.71	16.74	16.22	13.69	11.49
Accounts Receivable, 3 Yr. CAGR %	2.61	13.44	13.81	14.7	12.64
Inventory, 3 Yr. CAGR %	8.79	16.26	10.8	9.47	0.39
Net Property, Plant and Equip., 3 Yr. CAGR %	11.64	11.61	6.85	6.51	7.55
Total Assets, 3 Yr. CAGR %	13.23	12.22	7.49	5.62	6.31
Tangible Book Value, 3 Yr. CAGR %	8.98	8.96	11.64	10.95	12.81
Common Equity, 3 Yr. CAGR %	11.13	10.64	11.08	10.38	12.21
Cash From Operations, 3 Yr. CAGR %	15.77	5.16	7.7	8.17	21.73
Capital Expenditures, 3 Yr. CAGR %	6.52	9.08	15.44	9.49	12.21
Levered Free Cash Flow, 3 Yr. CAGR %	20.32	-4.22	3.12	0.95	35.82
Unlevered Free Cash Flow, 3 Yr. CAGR %	19.76	-4	3.06	0.92	34.69
Dividend Per Share, 3 Yr. CAGR %	11.67	11.47	12.46	13.52	13.33
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.54	11.96	11.34	10.75	10.54
Gross Profit, 5 Yr. CAGR %	9.8	9.97	10.31	10.12	10.13
EBITDA, 5 Yr. CAGR %	12.82	12.08	12.33	13.09	12.59
EBITA, 5 Yr. CAGR %	14.49	13.65	13.68	14.41	13.82
EBIT, 5 Yr. CAGR %	14.49	13.65	13.68	14.41	13.82
Earnings From Cont. Operations, 5 Yr. CAGR %	16.41	16.86	14.63	14.74	14.82
Net Income, 5 Yr. CAGR %	16.33	16.88	14.96	15.02	15.14
Normalized Net Income, 5 Yr. CAGR %	14.63	14.17	15.23	15.72	15.44
Diluted EPS Before Extra, 5 Yr. CAGR %	16.16	16.66	14.84	14.93	15.09
Accounts Receivable, 5 Yr. CAGR %	7.57	9.37	6.48	12.13	15.62
Inventory, 5 Yr. CAGR %	9.65	12.73	8.57	10.35	8.15
Net Property, Plant and Equip., 5 Yr. CAGR %	9.95	9.84	9.32	9.63	7.48
Total Assets, 5 Yr. CAGR %	12.31	12.04	11.06	8.99	6.77
Tangible Book Value, 5 Yr. CAGR %	6.52	12.76	13.46	8.3	10.28
Common Equity, 5 Yr. CAGR %	7.78	13.88	14.38	9.16	9.79
Cash From Operations, 5 Yr. CAGR %	22.17	1.91	13.9	12.27	8.52
Capital Expenditures, 5 Yr. CAGR %	6.26	9.23	7.8	9.46	14.37
Levered Free Cash Flow, 5 Yr. CAGR %	65.91	-9.48	15.57	11.47	3.46
Unlevered Free Cash Flow, 5 Yr. CAGR %	60	-9.11	15.13	11.2	3.38
Dividend Per Share, 5 Yr. CAGR %	11.88	12.21	12.4	12.31	12.75