Costco Financial Statements From 2010 to 2022

COST
 Stock
  

USD 556.32  3.30  0.60%   

Costco Wholesale financial statements provide useful quarterly and yearly information to potential Costco Wholesale investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Costco Wholesale financial statements helps investors assess Costco Wholesale's valuation, profitability, and current liquidity needs.
There are currently one hundred six fundamental signals for Costco Wholesale that can be evaluated and compared over time across rivals. Make sure you validate Costco Wholesale's prevailing fundamentals against the performance from 2010 to 2022 and make sure the trends continue to evolve in the right direction.
Costco Wholesale Market Capitalization is comparatively stable at the moment as compared to the past year. Costco Wholesale reported Market Capitalization of 53.07 Billion in 2021. Tangible Asset Value is likely to gain to about 39.5 B in 2022, whereas Net Income Per Employee is likely to drop slightly above 10.6 K in 2022.
  
Check Costco Wholesale financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Costco main balance sheet or income statement drivers, such as Direct Expenses of 97.8 B, Consolidated Income of 2.7 B or Cost of Revenue of 117.2 B, as well as many exotic indicators such as Interest Coverage of 59.19, Long Term Debt to Equity of 0.37 or Calculated Tax Rate of 36.28. Costco financial statements analysis is a perfect complement when working with Costco Wholesale Valuation or Volatility modules. It can also supplement Costco Wholesale's financial leverage analysis and stock options assessment as well as various Costco Wholesale Technical models . Continue to the analysis of Costco Wholesale Correlation against competitors.

Costco Wholesale Revenues

134.38 Billion

Costco Wholesale Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets39.5 B33 B42.6 B
Increasing
Slightly volatile
Cash and Equivalents6.6 B5.7 B7.6 B
Increasing
Slightly volatile
Investments1.4 B1.6 B1.2 B
Decreasing
Stable
Investments Current1.4 B1.6 B1.2 B
Decreasing
Stable
Deferred Revenue1.5 B1.3 B1.6 B
Increasing
Slightly volatile
Property Plant and Equipment Net18.1 B14.8 B19.4 B
Increasing
Slightly volatile
Inventory10.1 B8.5 B10.7 B
Increasing
Slightly volatile
Tax Assets742.2 M769.4 M671.3 M
Increasing
Slightly volatile
Trade and Non Trade Receivables1.4 B1.1 B1.5 B
Increasing
Slightly volatile
Trade and Non Trade Payables10.2 B8.5 B11.2 B
Increasing
Slightly volatile
Total Liabilities25.1 B20.5 B28.1 B
Increasing
Slightly volatile
Shareholders Equity14.1 B12.3 B14.3 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit8.7 B7.5 B9.2 B
Increasing
Slightly volatile
Current Assets20.4 B17.6 B22 B
Increasing
Slightly volatile
Assets Non Current19.1 B15.4 B20.7 B
Increasing
Slightly volatile
Current Liabilities18.1 B14.4 B20.8 B
Increasing
Slightly volatile
Liabilities Non Current7.1 B6.1 B7.2 B
Increasing
Slightly volatile
Tax LiabilitiesB903.6 M1.1 B
Decreasing
Slightly volatile
Total Debt6.1 B5.1 B6.7 B
Increasing
Slightly volatile
Debt Current97.5 M95 M1.3 B
Decreasing
Slightly volatile
Debt Non Current5.8 B5.1 B5.8 B
Increasing
Slightly volatile
Shareholders Equity USD14.1 B12.3 B14.3 B
Increasing
Slightly volatile
Cash and Equivalents USD6.6 B5.7 B7.6 B
Increasing
Slightly volatile
Total Debt USD6.1 B5.1 B6.7 B
Increasing
Slightly volatile
Accounts Payable8.5 B8.5 B11 B
Increasing
Slightly volatile
Receivables1.2 B1.1 B1.4 B
Increasing
Stable
Inventories8.4 B8.5 B10.6 B
Increasing
Slightly volatile

Costco Wholesale Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues134.4 B112.6 B143.9 B
Increasing
Slightly volatile
Cost of Revenue117.2 B98.5 B125.4 B
Increasing
Slightly volatile
Selling General and Administrative Expense13.1 B10.9 B13.9 B
Increasing
Slightly volatile
Operating Expenses13.1 B11 B14 B
Increasing
Slightly volatile
Interest Expense136 M113 M137.5 M
Increasing
Slightly volatile
Income Tax Expense1.3 B1.1 B1.1 B
Increasing
Slightly volatile
Consolidated Income2.7 B2.1 B3.3 B
Increasing
Slightly volatile
Net Income to Non Controlling Interests42.2 M30 M42.5 M
Increasing
Slightly volatile
Net Income2.7 B2.1 B3.3 B
Increasing
Slightly volatile
Net Income Common Stock2.7 B2.1 B3.3 B
Increasing
Slightly volatile
Weighted Average Shares484.8 M438.7 M442.7 M
Increasing
Slightly volatile
Weighted Average Shares Diluted488.9 M442.5 M446.1 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT4.1 B3.3 B4.6 B
Increasing
Slightly volatile
Revenues USD134.4 B112.6 B143.9 B
Increasing
Slightly volatile
Net Income Common Stock USD2.7 B2.1 B3.3 B
Increasing
Slightly volatile
Earning Before Interest and Taxes USD4.1 B3.3 B4.6 B
Increasing
Slightly volatile
Gross Profit17.2 B14.2 B18.5 B
Increasing
Slightly volatile
Operating IncomeB3.2 B4.5 B
Increasing
Slightly volatile
Direct Expenses97.8 B98.5 B123.9 B
Increasing
Slightly volatile

Costco Wholesale Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(1.1 B)(1 B)(1 B)
Decreasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(99.6 M)(97 M)22.6 M
Increasing
Stable
Net Cash Flow from Financing(848.1 M)(786 M)(1.6 B)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities 182.7 M178 M1.1 B
Decreasing
Slightly volatile
Net Cash Flow from Operations5.1 BB5.8 B
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash (11.9 M)(11 M)(27.9 M)
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents999.2 M1.1 B1.3 B
Decreasing
Slightly volatile
Share Based Compensation365.3 M243 M475.4 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion1.3 BB1.4 B
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share6.124.697.4901
Increasing
Slightly volatile
Earnings per Diluted Share6.074.657.4395
Increasing
Slightly volatile
Earnings per Basic Share USD6.124.697.4901
Increasing
Slightly volatile
Dividends per Basic Common Share1.361.335.2156
Decreasing
Stable
Return on Average Equity0.210.1760.2394
Increasing
Slightly volatile
Return on Average Assets0.07530.0640.0782
Increasing
Stable
Return on Invested Capital0.220.1860.223
Increasing
Stable
Gross Margin0.140.1260.1294
Increasing
Slightly volatile
Profit Margin0.02140.0180.0225
Increasing
Slightly volatile
EBITDA Margin0.04370.0380.0416
Increasing
Slightly volatile
Return on Sales0.03320.0290.0319
Increasing
Slightly volatile
Asset Turnover3.293.4763.4628
Decreasing
Slightly volatile
Payout Ratio0.290.2840.7592
Decreasing
Slightly volatile
Enterprise Value over EBITDA15.0912.14217.6589
Increasing
Slightly volatile
Enterprise Value over EBIT19.8916.023.1457
Increasing
Slightly volatile
Price to Earnings Ratio30.7725.81732.3515
Increasing
Slightly volatile
Sales per Share306257327
Increasing
Slightly volatile
Price to Sales Ratio0.610.4720.7389
Increasing
Slightly volatile
Price to Book Value5.934.3137.4973
Increasing
Slightly volatile
Debt to Equity Ratio1.961.6671.9528
Increasing
Slightly volatile
Dividend Yield0.01630.0110.0271
Decreasing
Slightly volatile
Current Ratio1.091.221.0746
Decreasing
Stable
Free Cash Flow per Share6.134.5386.926
Increasing
Slightly volatile
Book Value per Share32.1328.04532.4622
Increasing
Slightly volatile
Tangible Assets Book Value per Share90.0575.27896.9826
Increasing
Slightly volatile
Total Assets Per Share75.3675.451995.8989
Increasing
Slightly volatile
Cash Flow Per Share9.659.102513.0501
Increasing
Slightly volatile
Return on Investment19.2219.381822.3594
Increasing
Stable
Operating Margin2.782.85873.0621
Increasing
Stable
Calculated Tax Rate36.2834.688826.9112
Increasing
Very volatile
Receivables Turnover91.9596.168198.4677
Increasing
Slightly volatile
Inventory Turnover13.3812.043812.239
Increasing
Slightly volatile
PPandE Turnover7.367.8687.803
Increasing
Stable
Cash and Equivalents Turnover25.2921.758721.932
Decreasing
Slightly volatile
Accounts Payable Turnover15.2313.805513.5937
Increasing
Very volatile
Accrued Expenses Turnover37.6933.279235.7226
Increasing
Slightly volatile
Interest Coverage59.1965.714373.4678
Decreasing
Stable
Long Term Debt to Equity0.370.4140.3806
Decreasing
Slightly volatile
Quick Ratio0.60.58720.5098
Increasing
Very volatile
Net Current Assets as percentage of Total Assets10.389.61723.7751
Decreasing
Very volatile
Revenue to Assets3.773.41093.4146
Increasing
Very volatile

Costco Wholesale Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before TaxB3.2 B4.4 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA5.4 B4.3 BB
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD5.4 B4.3 BB
Increasing
Slightly volatile
Market Capitalization78.7 B53.1 B111.9 B
Increasing
Slightly volatile
Enterprise Value78.1 B52.3 B111.4 B
Increasing
Slightly volatile
Invested Capital20.9 B18 B20.9 B
Increasing
Slightly volatile
Average Equity13.5 B11.7 B13.5 B
Increasing
Slightly volatile
Average Assets38.8 B32.4 B41.5 B
Increasing
Slightly volatile
Invested Capital Average20.2 B17.6 B20.4 B
Increasing
Slightly volatile
Tangible Asset Value39.5 B33 B42.6 B
Increasing
Slightly volatile
Free Cash Flow2.7 BBB
Increasing
Slightly volatile
Working Capital3.4 B3.2 B1.2 B
Decreasing
Very volatile
Revenue Per Employee548 K579.2 K602.1 K
Increasing
Stable
Net Income Per Employee10.6 K10.6 K13.5 K
Increasing
Stable

Costco Fundamental Market Drivers

Forward Price Earnings38.06
Short Percent Of Float0.86%
Average Daily Volume Last 10 Day1.9M
Shares Short Prior Month3.74M
Average Daily Volume In Three Month2.78M
Date Short Interest29th of July 2022
Fifty Day Average501.29
Two Hundred Day Average521.04

Costco Upcoming Events

Upcoming Quarterly Report3rd of March 2022
Next Financial Report26th of May 2022
Next Fiscal Quarter End28th of February 2022
Next Fiscal Year End22nd of September 2022
Last Quarter Report30th of November 2021
Last Financial Announcement28th of February 2021

About Costco Wholesale Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Costco Wholesale income statement, its balance sheet, and the statement of cash flows. Costco Wholesale investors use historical funamental indicators, such as Costco Wholesale's revenue or net income, to determine how well the company is positioned to perform in the future. Although Costco Wholesale investors may use each financial statement separately, they are all related. The changes in Costco Wholesale's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Costco Wholesale's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Costco Wholesale Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Costco Wholesale. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue1.3 B1.5 B
Cost of Revenue98.5 B117.2 B
Revenues112.6 B134.4 B
Revenue to Assets 3.41  3.77 
Revenue Per Employee579.2 K548 K
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington. Costco Wholesale operates under Discount Stores classification in the United States and is traded on NASDAQ Exchange. It employs 288000 people.

Costco Wholesale Investors Sentiment

The influence of Costco Wholesale's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Costco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Costco Wholesale's public news can be used to forecast risks associated with investment in Costco. The trend in average sentiment can be used to explain how an investor holding Costco can time the market purely based on public headlines and social activities around Costco Wholesale. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Costco Wholesale's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Costco Wholesale's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Costco Wholesale's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Costco Wholesale.

Costco Wholesale Implied Volatility

    
  32.06  
Costco Wholesale's implied volatility exposes the market's sentiment of Costco Wholesale stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Costco Wholesale's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Costco Wholesale stock will not fluctuate a lot when Costco Wholesale's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Costco Wholesale in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Costco Wholesale's short interest history, or implied volatility extrapolated from Costco Wholesale options trading.

Pair Trading with Costco Wholesale

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Costco Wholesale position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Costco Wholesale will appreciate offsetting losses from the drop in the long position's value.

Moving together with Costco Wholesale

0.93BJBjs Wholesale Club Earnings Call  TomorrowPairCorr

Moving against Costco Wholesale

0.77AIUMeta Data Earnings Call  This WeekPairCorr
0.73ALCOAlico Inc Fiscal Year End 6th of December 2022 PairCorr
The ability to find closely correlated positions to Costco Wholesale could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Costco Wholesale when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Costco Wholesale - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Costco Wholesale to buy it.
The correlation of Costco Wholesale is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Costco Wholesale moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Costco Wholesale moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Costco Wholesale can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Costco Wholesale Correlation against competitors. Note that the Costco Wholesale information on this page should be used as a complementary analysis to other Costco Wholesale's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for Costco Stock analysis

When running Costco Wholesale price analysis, check to measure Costco Wholesale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Costco Wholesale is operating at the current time. Most of Costco Wholesale's value examination focuses on studying past and present price action to predict the probability of Costco Wholesale's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Costco Wholesale's price. Additionally, you may evaluate how the addition of Costco Wholesale to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Is Costco Wholesale's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Costco Wholesale. If investors know Costco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Costco Wholesale listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.11
Market Capitalization
238 B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.0847
Return On Equity
0.31
The market value of Costco Wholesale is measured differently than its book value, which is the value of Costco that is recorded on the company's balance sheet. Investors also form their own opinion of Costco Wholesale's value that differs from its market value or its book value, called intrinsic value, which is Costco Wholesale's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Costco Wholesale's market value can be influenced by many factors that don't directly affect Costco Wholesale's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Costco Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine Costco Wholesale value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costco Wholesale's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.