COVERAGE / COST / Consumer

COSTCO WHOLESALE CORP /NEW

Retail-Variety Stores

COVERAGE STATUSACTIVE

DATA THROUGH2025-08-31

RESEARCH REPORTS2

SELECTED FILINGS1

Fundamental matrix

Latest / 2025-08-31 · Prior / 2024-09-01 · USD · Annual periods

Revenue

$275.24bn

Prior / $254.45bn

Change / +8.17%

SOURCE / 2025-10-08

Operating income

$10.38bn

Prior / $9.29bn

Change / +11.83%

SOURCE / 2025-10-08

Net income

$8.1bn

Prior / $7.37bn

Change / +9.94%

SOURCE / 2025-10-08

Diluted EPS

$18.21

Prior / $16.56

Change / +9.96%

SOURCE / 2025-10-08

Free cash flow

$7.84bn

Prior / $6.63bn

Change / +18.22%

SOURCE / 2025-10-08

Gross margin

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

Operating margin

3.77%

Prior / 3.65%

Change / +0.12 pp

SOURCE / 2025-10-08

Return on avg. equity

30.69%

Prior / 30.27%

Change / +0.42 pp

SOURCE / 2025-10-08

Debt / equity

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

ROE uses net income divided by average opening/closing equity. FCF = operating cash flow − selected capital expenditure. Debt/equity is unavailable because a verified interest-bearing-debt series is absent; total liabilities are not substituted for debt.

Inspect source tags, dates and accession numbers

{
  "revenue": {
    "start": "2024-09-02",
    "end": "2025-08-31",
    "val": 275235000000,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "frame": "CY2025",
    "tag": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax",
    "unit": "USD"
  },
  "netIncome": {
    "start": "2024-09-02",
    "end": "2025-08-31",
    "val": 8099000000,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "frame": "CY2025",
    "tag": "us-gaap:NetIncomeLoss",
    "unit": "USD"
  },
  "operatingIncome": {
    "start": "2024-09-02",
    "end": "2025-08-31",
    "val": 10383000000,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "frame": "CY2025",
    "tag": "us-gaap:OperatingIncomeLoss",
    "unit": "USD"
  },
  "eps": {
    "start": "2024-09-02",
    "end": "2025-08-31",
    "val": 18.21,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "frame": "CY2025",
    "tag": "us-gaap:EarningsPerShareDiluted",
    "unit": "USD/shares"
  },
  "operatingCashFlow": {
    "start": "2024-09-02",
    "end": "2025-08-31",
    "val": 13335000000,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "frame": "CY2025",
    "tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
    "unit": "USD"
  },
  "capex": {
    "start": "2024-09-02",
    "end": "2025-08-31",
    "val": 5498000000,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "frame": "CY2025",
    "tag": "us-gaap:PaymentsToAcquirePropertyPlantAndEquipment",
    "unit": "USD"
  },
  "totalAssets": {
    "end": "2025-08-31",
    "val": 77099000000,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "tag": "us-gaap:Assets",
    "unit": "USD"
  },
  "totalLiabilities": {
    "end": "2025-08-31",
    "val": 47935000000,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "tag": "us-gaap:Liabilities",
    "unit": "USD"
  },
  "shareholdersEquity": {
    "end": "2025-08-31",
    "val": 29164000000,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "tag": "us-gaap:StockholdersEquity",
    "unit": "USD"
  },
  "currentAssets": {
    "end": "2025-08-31",
    "val": 38380000000,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "tag": "us-gaap:AssetsCurrent",
    "unit": "USD"
  },
  "currentLiabilities": {
    "end": "2025-08-31",
    "val": 37108000000,
    "accn": "0000909832-25-000101",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2025-10-08",
    "tag": "us-gaap:LiabilitiesCurrent",
    "unit": "USD"
  }
}

Financial trend system

Annual financial trends are summarized in the accessible table below.

Annual figures / accessible table

Period end	Revenue	Net income	Free cash flow	EPS
2025-08-31	$275.24bn	$8.1bn	$7.84bn	$18.21
2024-09-01	$254.45bn	$7.37bn	$6.63bn	$16.56
2023-09-03	$242.29bn	$6.29bn	$6.75bn	$14.16
2022-08-28	$226.95bn	$5.84bn	$3.5bn	$13.14

Valuation context

Historical snapshot / 2026-09-17. Annual accounting period / 2025-08-31. Not current, TTM or forward valuation.

Dated ratios / eligible same-method sector sample
Measure	Snapshot value	Historical median	Sector median	Peer count
P/E	49.09x	Unavailable	30.90x	14
P/S	1.44x	Unavailable	2.31x	13
P/B	13.59x	Unavailable	11.78x	9
EV / EBITDA	Unavailable	Unavailable	Unavailable	0
FCF yield	1.98%	Unavailable	2.22%	9

Annual denominators, not TTM or forward. Capitalization-based measures use estimated market capitalization from the dated quote snapshot. ADR/share-basis uncertainty is excluded. No comparable historical-multiple series or EV/EBITDA is available. Sector samples are equal-weight medians of this publication’s eligible covered companies; fiscal periods differ. No fair value or price target is implied.

Source: Yahoo Finance completed daily-bar snapshot; not live; market cap estimated using SEC shares at 2026-05-27 DAILY-BAR SOURCE ↗

Retained price snapshot and capitalization estimate

{
  "currentPrice": 893.93,
  "tradingDate": "2026-09-17",
  "marketCap": 396439007259.72,
  "source": "Yahoo Finance completed daily-bar snapshot; not live; market cap estimated using SEC shares at 2026-05-27"
}

Company & operating context

COSTCO WHOLESALE CORP /NEW is an SEC-reporting issuer listed on NASDAQ under COST. Its SEC industry description is Retail-Variety Stores. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.

Retailers, consumer brands and service platforms balance demand, price, unit volume and operating costs.

Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.

Filing timeline

10-KFILED / 2025-10-08PERIOD / 2025-08-31

COST filed this 10-K on 2025-10-08 for the reported period 2025-08-31. Reading focus: Unit volumes, comparable sales, inventory, pricing and operating leverage. This is a metadata-based reading guide; it does not assert that a particular event or risk change occurred in the document.

ORIGINAL SEC DISCLOSURE ↗

Research archive

HR-0042COSTEarnings Review

COST: the annual earnings and cash-flow comparison ↗

COSTCO WHOLESALE CORP /NEW

Research abstract

A two-period review of COST revenue, profitability and cash conversion; reported revenue growth was 8.17%.

DATA THROUGH2025-08-312 MIN READPUBLISHED 2026-09-26

HR-0043COSTCompany Research

COST: reading the FY2025 financial structure ↗

COSTCO WHOLESALE CORP /NEW

Research abstract

Annual revenue of USD 275.235 billion and net income of USD 8.099 billion for the period ended 2025-08-31.

DATA THROUGH2025-08-312 MIN READPUBLISHED 2026-09-26

Sector context & risk factors

Consumer affordability, input inflation, competitive promotions and discretionary demand.

Unit volumes, comparable sales, inventory, pricing and operating leverage.

CONSUMER SYSTEM ↗

Sources & dates

SEC annual filing · 2025-08-31 ↗Source date 2025-10-08
SEC annual filing · 2024-09-01 ↗Source date 2025-10-08
SEC annual filing · 2023-09-03 ↗Source date 2025-10-08
SEC annual filing · 2022-08-28 ↗Source date 2024-10-09
SEC issuer record ↗Source date 2026-09-18