Costco Wholesale Corporation

COSTNASDAQ

$1,020.10

Last price · USD

Market cap: $453.4B
P/E: 49.1x
EV / EBITDA: 30.8x
P/S: 1.5x
FCF yield: 2.1%
Div. yield: 0.54%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Costco Wholesale Corporation balance sheet

Annual · USD millions except per-share data · 40 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	20,207	14,161	9,906	13,700	10,203	+18.6%
Short-term investments	1,094	1,123	1,238	1,534	846	+6.6%
Cash & short-term investments	21,301	15,284	11,144	15,234	11,049	+17.8%
Net receivables	3,959	3,203	2,721	2,285	2,241	+15.3%
Accounts receivable	3,959	3,203	2,721	2,285	2,241	+15.3%
Inventory	19,324	18,116	18,647	16,651	17,907	+1.9%
Other current assets	1,998	1,777	1,734	1,709	1,499	+7.4%
Total current assets	46,582	38,380	34,246	35,879	32,696	+9.3%
Non-current assets
Property, plant & equipment (net)	38,330	34,634	31,649	29,397	27,420	+8.7%
Goodwill	0	994	994	994	993	—
Goodwill & intangible assets	0	994	994	994	993	—
Other non-current assets	4,133	3,091	2,942	2,724	3,057	+7.8%
Total non-current assets	42,463	38,719	35,585	33,115	31,470	+7.8%
Total assets	89,045	77,099	69,831	68,994	64,166	+8.5%
Current liabilities
Accounts payable	22,591	19,783	19,421	17,483	17,848	+6.1%
Total payables	22,591	19,783	19,421	17,483	17,848	+6.1%
Short-term debt	2,248	361	103	1,081	73	+135.6%
Capital lease obligations (current)	0	286	326	349	484	—
Deferred revenue	0	2,854	0	0	0	—
Other current liabilities	19,113	8,619	8,385	8,242	7,301	+27.2%
Total current liabilities	43,952	37,108	35,464	33,583	31,998	+8.3%
Non-current liabilities
Long-term debt	3,914	5,713	5,794	5,377	6,484	-11.9%
Capital lease obligations (non-current)	2,414	3,861	3,726	3,729	3,865	-11.1%
Deferred tax liabilities (non-current)	0	724	769	795	724	—
Other non-current liabilities	2,962	529	456	452	448	+60.4%
Total non-current liabilities	9,290	10,827	10,745	10,353	11,521	-5.2%
Capital lease obligations	2,414	4,147	4,052	4,078	4,349	-13.7%
Total debt	8,576	10,221	9,949	10,536	10,906	-5.8%
Total liabilities	53,242	47,935	46,209	43,936	43,519	+5.2%
Stockholders' equity
Common stock	2	2	2	2	2	0.0%
Retained earnings	28,591	22,650	17,619	19,521	15,585	+16.4%
Additional paid-in capital	8,830	8,282	7,829	7,340	6,884	+6.4%
Accumulated other comprehensive income (loss)	(1,620)	(1,770)	(1,828)	(1,805)	(1,829)	—
Total stockholders' equity	35,803	29,164	23,622	25,058	20,642	+14.8%
Total equity	35,803	29,164	23,622	25,058	20,647	+14.8%
Minority interest	0	0	0	0	5	—
Total liabilities & equity	89,045	77,099	69,831	68,994	64,166	+8.5%
Additional fields
Accrued Expenses	0	5,205	7,229	6,428	6,292	—
Net Debt	(11,631)	(3,940)	43	(3,164)	703	—
Total Investments	1,094	1,123	1,238	1,534	846	+6.6%

Costco Wholesale Corporation

COSTNASDAQ

$1,020.10

Last price · USD

Market cap: $453.4B
P/E: 49.1x
EV / EBITDA: 30.8x
P/S: 1.5x
FCF yield: 2.1%
Div. yield: 0.54%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Costco Wholesale Corporation balance sheet

Annual · USD millions except per-share data · 40 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	20,207	14,161	9,906	13,700	10,203	+18.6%
Short-term investments	1,094	1,123	1,238	1,534	846	+6.6%
Cash & short-term investments	21,301	15,284	11,144	15,234	11,049	+17.8%
Net receivables	3,959	3,203	2,721	2,285	2,241	+15.3%
Accounts receivable	3,959	3,203	2,721	2,285	2,241	+15.3%
Inventory	19,324	18,116	18,647	16,651	17,907	+1.9%
Other current assets	1,998	1,777	1,734	1,709	1,499	+7.4%
Total current assets	46,582	38,380	34,246	35,879	32,696	+9.3%
Non-current assets
Property, plant & equipment (net)	38,330	34,634	31,649	29,397	27,420	+8.7%
Goodwill	0	994	994	994	993	—
Goodwill & intangible assets	0	994	994	994	993	—
Other non-current assets	4,133	3,091	2,942	2,724	3,057	+7.8%
Total non-current assets	42,463	38,719	35,585	33,115	31,470	+7.8%
Total assets	89,045	77,099	69,831	68,994	64,166	+8.5%
Current liabilities
Accounts payable	22,591	19,783	19,421	17,483	17,848	+6.1%
Total payables	22,591	19,783	19,421	17,483	17,848	+6.1%
Short-term debt	2,248	361	103	1,081	73	+135.6%
Capital lease obligations (current)	0	286	326	349	484	—
Deferred revenue	0	2,854	0	0	0	—
Other current liabilities	19,113	8,619	8,385	8,242	7,301	+27.2%
Total current liabilities	43,952	37,108	35,464	33,583	31,998	+8.3%
Non-current liabilities
Long-term debt	3,914	5,713	5,794	5,377	6,484	-11.9%
Capital lease obligations (non-current)	2,414	3,861	3,726	3,729	3,865	-11.1%
Deferred tax liabilities (non-current)	0	724	769	795	724	—
Other non-current liabilities	2,962	529	456	452	448	+60.4%
Total non-current liabilities	9,290	10,827	10,745	10,353	11,521	-5.2%
Capital lease obligations	2,414	4,147	4,052	4,078	4,349	-13.7%
Total debt	8,576	10,221	9,949	10,536	10,906	-5.8%
Total liabilities	53,242	47,935	46,209	43,936	43,519	+5.2%
Stockholders' equity
Common stock	2	2	2	2	2	0.0%
Retained earnings	28,591	22,650	17,619	19,521	15,585	+16.4%
Additional paid-in capital	8,830	8,282	7,829	7,340	6,884	+6.4%
Accumulated other comprehensive income (loss)	(1,620)	(1,770)	(1,828)	(1,805)	(1,829)	—
Total stockholders' equity	35,803	29,164	23,622	25,058	20,642	+14.8%
Total equity	35,803	29,164	23,622	25,058	20,647	+14.8%
Minority interest	0	0	0	0	5	—
Total liabilities & equity	89,045	77,099	69,831	68,994	64,166	+8.5%
Additional fields
Accrued Expenses	0	5,205	7,229	6,428	6,292	—
Net Debt	(11,631)	(3,940)	43	(3,164)	703	—
Total Investments	1,094	1,123	1,238	1,534	846	+6.6%