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Costco COST

US equityMarket cap rank #29Discount StoresTop Retailers
$898.13
−$6.58 (-0.73%)
Market open · Sep 24, 1:10 pm ET
After hours $904.60 -0.01%
Open$908.88
Prev close$904.70
Day range$897.33 – $909.43
Volume1.14M
Market cap$398.30B
P/E (TTM)45.2
Dividend yield0.60%

Fundamentals

Latest reported quarter: Q3, ended May 2026

Revenue$70.53B+11.6% YoY
Operating profit$2.82B+11.3% YoY
Net profit$2.19B+15.2% YoY
Diluted EPS$4.93+15.2% YoY
Free cash flow$2.04B-12.6% YoY
Operating cash flow$3.45B

Revenue, last 8 quarters

$79.7BAug '24$62.2BNov '24$63.7BFeb '25$63.2BMay '25$86.2BAug '25$67.3BNov '25$69.6BFeb '26$70.5BMay '26

Net profit, last 8 quarters

$2.4BAug '24$1.8BNov '24$1.8BFeb '25$1.9BMay '25$2.6BAug '25$2.0BNov '25$2.0BFeb '26$2.2BMay '26

Diluted EPS by quarter

5.29Aug '244.04Nov '244.02Feb '254.28May '255.87Aug '254.50Nov '254.58Feb '264.93May '26

Free cash flow by quarter

$1.4BAug '24$2.0BNov '24$1.6BFeb '25$2.3BMay '25$1.9BAug '25$3.2BNov '25$1.7BFeb '26$2.0BMay '26

Annual revenue

$166.8BFY20$195.9BFY21$227.0BFY22$242.3BFY23$254.5BFY24$275.2BFY25

Profitability & balance sheet

Gross margin12.9%
Operating margin3.8%
Net margin3.0%
Return on equity29.2%
Return on assets10.9%
Return on invested capital22.1%
Current ratio1.07
Liabilities / assets61.2%
Cash & investments$20.00B
Total debt$8.14B
Net cash (debt)$11.86B
Free cash flow / sales3.0%

Income statement

Line item 2026 Q3 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4
Total Revenue as Reported $70.53B $69.60B $67.31B $275.24B $86.16B
Total Operating Revenue $70.53B $69.60B $67.31B $275.24B $86.16B
Cost of Revenue $61.52B $60.72B $58.51B $239.89B $75.04B
Gross Profit $9.01B $8.88B $8.80B $35.35B $11.12B
Operating Expense $6.19B $6.27B $6.33B $24.97B $7.78B
Selling and Admin Expenses $6.19B $6.27B $6.33B $24.97B $7.78B
Operating Profit $2.82B $2.61B $2.46B $10.38B $3.34B
Net Non-Operating Interest Income (Expense) $106.00M $119.00M $95.00M $351.00M $134.00M
Non-Operating Interest Income $138.00M $152.00M $130.00M $505.00M $180.00M
Non-Operating Interest Expense $32.00M $33.00M $35.00M $154.00M $46.00M
Other Income (Expense) $17.00M -$4.00M $25.00M $84.00M $35.00M
Gain on Sale of Security $17.00M -$4.00M $25.00M $84.00M $35.00M
Pretax Profit $2.94B $2.72B $2.58B $10.82B $3.51B
Tax $746.00M $686.00M $582.00M $2.72B $900.00M
Net Profit $2.19B $2.04B $2.00B $8.10B $2.61B
Profit from Continuing Operations $2.19B $2.04B $2.00B $8.10B $2.61B
Net Income to Parent Company $2.19B $2.04B $2.00B $8.10B $2.61B
Net Income to Common Stockholders $2.19B $2.04B $2.00B $8.10B $2.61B
Basic EPS $4.94 $4.58 $4.51 $18.24 $5.88
Diluted EPS $4.93 $4.58 $4.50 $18.21 $5.87
Dividend Per Share $1.47 $1.30 $1.30 $4.92 $1.30

Balance sheet

Line item 2026 Q3 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4
Total Assets $86.43B $83.64B $82.79B $77.10B $77.10B
Total Current Assets $45.18B $43.13B $43.41B $38.38B $38.38B
Cash and Cash Equivalents & Short-Term Investments $20.00B $18.24B $17.18B $15.28B $15.28B
-Cash and Cash Equivalents $18.95B $17.38B $16.22B $14.16B $14.16B
-Short Term Investments $1.05B $857.00M $966.00M $1.12B $1.12B
Receivables $3.75B $3.78B $3.23B $3.20B $3.20B
-Accounts Receivable $3.75B $3.78B $3.23B $3.20B $3.20B
Inventory $19.42B $18.99B $21.14B $18.12B $18.12B
Other Current Assets $2.01B $2.12B $1.86B $1.78B $1.78B
Total Non-Current Assets $41.25B $40.51B $39.38B $38.72B $38.72B
Net PPE $37.04B $36.40B $35.35B $34.63B $34.63B
-Gross PPE $37.04B $36.40B $35.35B $53.57B $53.57B
Other Non-Current Assets $4.21B $4.10B $4.03B $4.09B $4.09B
Total Liabilities $52.92B $51.55B $52.49B $47.94B $47.94B
Total Current Liabilities $42.13B $40.76B $41.81B $37.11B $37.11B
Payables $22.36B $20.65B $23.51B $19.78B $19.78B
-Accounts Payable $22.36B $20.65B $23.51B $19.78B $19.78B
Current Accrued Expenses $8.17B $8.47B $7.88B $7.88B $7.88B
Current Deferred Liabilities $3.16B $3.13B $2.99B $2.85B $2.85B
Other Current Liabilities $8.44B $8.52B $7.42B $6.59B $6.59B
Total Non-Current Liabilities $10.80B $10.79B $10.68B $10.83B $10.83B
Long Term Debt and Capital Lease Obligation $8.14B $8.17B $8.10B $8.17B $8.17B
-Long Term Debt $5.67B $5.69B $5.67B $5.71B $5.71B
-Long Term Capital Lease Obligation $2.47B $2.48B $2.44B $2.46B $2.46B
Other Non-Current Liabilities $2.66B $2.62B $2.58B $2.65B $2.65B
Total Equity $33.51B $32.09B $30.30B $29.16B $29.16B
Stockholders' Equity $33.51B $32.09B $30.30B $29.16B $29.16B
Capital Stock $2.00M $2.00M $2.00M $2.00M $2.00M
-Common Stock $2.00M $2.00M $2.00M $2.00M $2.00M
-Preferred Stock $0.00 $0.00 $0.00 $0.00 $0.00
Additional Paid-In Capital $8.68B $8.57B $8.41B $8.28B $8.28B
Retained Earnings $26.48B $25.12B $23.87B $22.65B $22.65B
Gains/Losses Not Affecting Retained Earnings -$1.66B -$1.61B -$1.98B -$1.77B -$1.77B
-Accumulated Depreciation -$18.93B -$18.93B
Minority Interests $0.00 $0.00

Cash flow

Line item 2026 Q3 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4
Operating Cash Flow $3.45B $3.00B $4.69B $13.34B $3.87B
Net cash flow from continuing operations $3.45B $3.00B $4.69B $13.34B $3.87B
Net Income from Continuing Operations $2.19B $2.04B $2.00B $8.10B $2.61B
Depreciation & Depletion & Amortization $597.00M $597.00M $597.00M $2.43B $774.00M
Other Non-Cash Items $42.00M $145.00M $70.00M $303.00M $110.00M
Change in Working Capital $499.00M $53.00M $1.53B $1.76B $350.00M
-Change in Inventory -$457.00M $2.37B -$3.16B $559.00M $584.00M
-Change in Payables and Accrued Expense $1.77B -$3.09B $3.82B $404.00M -$200.00M
-Change In Other Working Capital -$811.00M $766.00M $873.00M $801.00M -$34.00M
Net cash flow from investing -$1.59B -$1.17B -$1.40B -$5.31B -$1.97B
Net Cash Flow from Continuing Investing Activities -$1.59B -$1.17B -$1.40B -$5.31B -$1.97B
Net PPE Purchase and Sale -$1.41B -$1.29B -$1.53B -$5.50B -$1.97B
Net Investment Purchase and Sale -$196.00M $115.00M $145.00M $113.00M -$100.00M
Net Other Investing Changes $17.00M $4.00M -$17.00M $74.00M $98.00M
Financing Cash Flow -$278.00M -$730.00M -$1.17B -$3.78B -$1.59B
Net Cash Flow from Continuing Financing Activities -$278.00M -$730.00M -$1.17B -$3.78B -$1.59B
Net Issuance Payments Of Debt -$91.00M $57.00M -$23.00M -$296.00M -$159.00M
Net Common Stock Issuance -$184.00M -$209.00M -$210.00M -$903.00M -$280.00M
Cash Dividends Paid $0.00 -$577.00M -$577.00M -$2.18B -$1.15B
Net Other Financing Charges -$3.00M -$1.00M -$357.00M -$393.00M -$1.00M
Ending Cash Balance $18.95B $17.38B $16.22B $14.16B $14.16B
Net Change in Cash $1.58B $1.10B $2.12B $4.25B $306.00M
Beginning Cash Balance $17.38B $16.22B $14.16B $9.91B $13.84B
Effect of Exchange Rate Changes -$16.00M $70.00M -$67.00M $6.00M $19.00M
Free Cash Flow $2.04B $1.71B $3.16B $7.84B $1.90B
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