Costco Wholesale Corporation

Earnings chart of Costco Wholesale Corporation

Graph of returns of Costco Wholesale Corporation

(US$ in Million)20242023202220212020
Turnover254,453242,290226,954195,929166,761
Year-on-Year Change5.0%6.8%15.8%17.5%9.2%
      
Operating Profit9,2858,1147,7936,7085,435
Year-on-Year Change14.4%4.1%16.2%23.4%14.7%
      
EBITDA11,52210,1919,6938,4897,080
Year-on-Year Change13.1%5.1%14.2%19.9%13.7%
      
PBT9,7408,4877,8406,6805,367
Year-on-Year Change14.8%8.3%17.4%24.5%12.6%
      
PAT7,3676,2925,9155,0794,059
Year-on-Year Change17.1%6.4%16.5%25.1%9.6%
      
Total Assets69,83168,99464,16659,26855,556
Year-on-Year Change1.2%7.5%8.3%6.7%22.4%
      
Net Current Assets-1,2182,296698643,276
Year-on-Year Change-153.1%228.9%990.6%-98.1%1,221.0%
      
Total Equity23,62225,05820,64718,07818,705
Year-on-Year Change-5.7%21.4%14.2%-3.4%20.0%
      
Capital Expenditure4,7104,3233,8913,5883,973
Year-on-Year Change9.0%11.1%8.4%-9.7%32.5%
      
Funds from Operations11,33911,0687,3928,9588,861
Year-on-Year Change2.5%49.7%-17.5%1.1%39.4%
      
Free Operating Cashflow6,6296,7453,5015,3704,888
Year-on-Year Change-1.7%92.7%-34.8%9.9%45.6%
      
Total Debt8,2728,8849,03910,13310,167
Year-on-Year Change-6.9%-1.7%-10.8%-0.3%49.0%
      
Net Debt-1,634-4,816-1,164-1,125-2,110
Year-on-Year Change-66.1%313.8%3.5%-46.7%35.2%
      
Shares Outstanding (Million)444444444443442
Year-on-Year Change0.0%0.0%0.2%0.2%0.5%
      
Payout Ratio117.1%27.0%28.9%109.3%28.3%
⇑ – Year-on-Year IncreaseGreen: ‘Improved’
⇓ – Year-on-Year DecreaseRed: ‘Worsened’
⇔ – Year-on-Year Unchanged 
 20242023202220212020
CAPITAL STRUCTURE     
Total Debt/(Total Debt + Equity)25.9%⇓26.2%⇓30.5%⇓35.9%⇑35.2%⇑
Net Debt/Equity-6.9%⇑-19.2%⇓-5.6%⇑-6.2%⇑-11.3%⇓
Debt/Total Assets11.9%⇓12.9%⇓14.1%⇓17.1%⇓18.3%⇑
Long Term Debt/Net Earnings1.1x⇓1.2x⇓1.7x⇓1.8x⇓2.4x⇑
Current Ratio1.0x⇓1.1x⇑1.0x⇔1.0x⇓1.1x⇑
Acid Test Ratio0.4x⇓0.6x⇑0.5x⇔0.5x⇓0.6x⇑
      
      
CASHFLOW RATIOS     
Funds from Operations/Total Debt1.4x⇑1.3x⇑0.8x⇓0.9x⇔0.9x⇔
Funds from Operations/Net Debt-6.9x⇓-2.3x⇑-6.4x⇑-8.0x⇓-4.2x⇓
EBITDA/Interest68.2x⇑63.7x⇑61.4x⇑49.6x⇑44.3x⇑
EBIT/Interest54.9x⇑50.7x⇑49.3x⇑39.2x⇑34.0x⇑
Net Debt/EBITDA-0.1x⇑-0.5x⇓-0.1x⇔-0.1x⇑-0.3x⇔
Free Operating Cashflow/Interest39.2x⇓42.2x⇑22.2x⇓31.4x⇑30.6x⇑
Free Operating Cashflow/Net Debt-4.1x⇓-1.4x⇑-3.0x⇑-4.8x⇓-2.3x⇓
Free Operating Cashflow/Sales0.0x⇔0.0x⇔0.0x⇔0.0x⇔0.0x⇔
      
      
PROFITABILITY RATIOS     
Gross Profit Margin10.7%⇑10.4%⇑10.3%⇓10.9%⇓11.0%⇑
EBITDA Margin4.5%⇑4.2%⇓4.3%⇔4.3%⇔4.3%⇑
EBIT Margin3.7%⇑3.4%⇔3.4%⇔3.4%⇑3.3%⇑
PBT Margin3.8%⇑3.5%⇔3.5%⇑3.4%⇑3.2%⇑
PAT Margin2.9%⇑2.6%⇔2.6%⇔2.6%⇑2.4%⇔
ROAE30.2%⇑27.6%⇑26.8%⇓28.6%⇑24.6%⇓
ROAA10.6%⇑9.5%⇑8.4%⇓9.2%⇑8.4%⇓