Valuation, from the filing
| Public float | $475.20B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-02-16 |
|---|---|---|
| Float per share | $1,072.25 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 58.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 1.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 16.3× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-02-16, not today, and each multiple below it uses the figures for the fiscal year ending 2025-08-31 — the year that filing covered.
Valuation over time
58.7× earnings today, against a median of 33.1× across 10 years on record. Above its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-02-16 | $475.20B | 58.7× | |
| 2024-02-18 | $320.64B | 43.5× | |
| 2023-02-12 | $221.35B | 35.2× | |
| 2022-02-13 | $225.43B | 38.6× | |
| 2021-02-14 | $155.81B | 31.1× | |
| 2020-02-16 | $140.25B | 35.0× | |
| 2019-02-17 | $95.01B | 26.0× | |
| 2018-02-18 | $83.85B | 26.8× | |
| 2017-02-12 | $74.96B | 28.0× | |
| 2016-02-14 | $64.81B | 27.6× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Retail-Variety Stores filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| CapEx / revenue | 2.1% | 0th | |
| Gross margin | 12.8% | 0th | |
| Operating margin | 3.9% | 0th | |
| Net margin | 3.0% | 25th | |
| FCF margin | 3.1% | 67th | |
| Current ratio | 1.06x | 38th | |
| Effective tax rate | 24.7% | 62th | |
| Revenue YoY growth | 10.1% | 62th | |
| Long-term debt / equity | 0.11x | 43th | |
| SBC / revenue | 0.3% | 57th |
COSTCO WHOLESALE CORP /NEW (COST) reported revenue of $303.15B and net income of $9.23B for the fiscal year ended 2026-08-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from COSTCO WHOLESALE CORP /NEW’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Retail-Variety Stores.
Income
| Metric | 2026-08-30 |
|---|---|
| Revenue | $303.15B |
| Cost of revenue | $264.28B |
| Gross profit | $38.88B |
| Operating income | $11.68B |
| Net income | $9.23B |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | Unavailable |
| Income tax expense | $3.02B |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $27.19B |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-08-30 |
|---|---|
| Cash & equivalents | $20.21B |
| Total assets | $89.04B |
| Current assets | $46.58B |
| Total liabilities | $53.24B |
| Current liabilities | $43.95B |
| Total equity incl. NCI | $35.80B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $19.32B |
| Accounts receivable | $3.96B |
| Goodwill | $994.00M |
| Long-term debt | $3.91B |
| Accounts payable | $22.59B |
Cash flow
| Metric | 2026-08-30 |
|---|---|
| Operating cash flow | $15.82B |
| Capital expenditures | $6.44B |
| Investing cash flow | -$6.38B |
| Financing cash flow | -$3.36B |
| Net change in cash | $6.05B |
| Stock-based compensation | $924.00M |
| Common dividends paid | Unavailable |
| Common share repurchases | $848.00M |
| Depreciation & amortization | $2.67B |
Derived
| Metric | 2026-08-30 |
|---|---|
| Free cash flow | $9.38B |
| Gross margin | 12.8% |
| Operating margin | 3.9% |
| FCF margin | 3.1% |
| SBC / revenue | 0.3% |
| Current ratio | 1.06x |
| Revenue YoY growth | 10.1% |
| Net margin | 3.0% |
| R&D / revenue | Unavailable |
| CapEx / revenue | 2.1% |
| Long-term debt / equity | 0.11x |
| Effective tax rate | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open COST in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.