Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. It offers merchandise, including sundries, dry groceries, candies, coolers, freezers, deli, liquor, and tobacco; non-food merchandise comprising appliances, small electronics, health and beauty aids, hardware, lawn and garden, sporting goods, tires, toys and seasonal, automotive, stamps, tickets, apparel, furniture, domestics, housewares, special order kiosks, and jewelry; and fresh food, such as meat, produce, service deli, and bakery products.
Company Info
Leadership
Income Statement
Revenue & Margin Trend
| Period | Revenue | OpEx | EBITDA | Net Income | EPS |
|---|---|---|---|---|---|
| 2022 | $226.95B | $19.78B | $9.90B | $5.84B | $13.14 |
| 2023 | $242.29B▲ | $21.59B | $10.72B | $6.29B▲ | $14.16 |
| 2024 | $254.45B▲ | $22.81B | $12.15B | $7.37B▲ | $16.56 |
| 2025 | $275.24B▲ | $24.97B | $13.40B | $8.10B▲ | $18.21 |
Balance Sheet
Assets Distribution
Liabilities & Equity
Cash Flow
Cash Flow Mix
FCF Generation
The company converts 59% of operating cash flow into free cash flow, providing ample flexibility for capital allocation.
CapEx Burden
Capital expenditures consume $5.3B of operating cash. Monitor for maintenance vs. growth CapEx split.
Financial Ratios
Profitability
Liquidity & Leverage
Returns
Historical Trends
Revenue
+6.6% CAGRNet Income
+11.5% CAGREPS
+11.5% CAGRDividends & Yield
Dividend Safety Assessment
The payout ratio of 29% suggests ample room for dividend growth and sustainability. The company retains over half of its earnings for reinvestment.
Recent Dividend Payments
| Date | Amount |
|---|---|
| 2026-07-24 | $1.47 |
| 2026-05-01 | $1.47 |
| 2026-01-30 | $1.30 |
| 2025-10-31 | $1.30 |
| 2025-08-01 | $1.30 |
| 2025-05-02 | $1.30 |
| 2025-02-07 | $1.16 |
| 2024-11-01 | $1.16 |
| 2024-07-26 | $1.16 |
| 2024-04-25 | $1.16 |
Institutional Ownership
Moderate Institutional Support
Top 3 institutional holders control 18.4% of shares, providing a stable foundation of institutional capital.
Retail Influence
Lower institutional concentration means retail sentiment and broader market trends may drive price action more noticeably.
Top Institutional Holders
Top ETFs Holding
Market Events
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2000-01-14 | Forward | 2:1 |
| 1993-10-22 | Forward | 2:1 |
Market Intelligence
Analyst Consensus
Earnings History
| Period | Est. EPS | Act. EPS | Surprise |
|---|---|---|---|
| 2025-08 | $5.80 | $5.87 | +1.1% |
| 2025-11 | $4.28 | $4.50 | +5.3% |
| 2026-02 | $4.54 | $4.58 | +0.8% |
| 2026-05 | $4.92 | $4.93 | +0.1% |