Costco Wholesale Corp
NASDAQ: COST · CONSUMER DEFENSIVE · DISCOUNT STORES
Updated 2026-06-12
Costco Wholesale Corp (COST) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $17.50B | $19.61B | $20.68B | $21.98B | $23.82B | $26.76B | $27.14B | $30.28B | $33.02B | $33.02B | $33.16B | $36.35B | $40.83B | $45.40B | $55.56B | $59.27B | $64.17B | $68.99B | $69.83B | $77.10B |
| Cash & equivalents | $1.51B | $2.78B | $2.62B | $3.16B | $3.21B | $4.01B | $3.53B | $4.64B | $5.74B | $4.80B | $3.38B | $4.55B | $6.05B | $8.38B | $12.28B | $11.26B | $10.20B | $13.70B | $9.91B | $14.16B |
| Current assets | $8.23B | $9.32B | $9.46B | $10.34B | $11.71B | $13.71B | $13.53B | $15.84B | $17.59B | $16.78B | $15.22B | $17.32B | $20.29B | $23.48B | $28.12B | $29.50B | $32.70B | $35.88B | $34.25B | $38.38B |
| Total liabilities | $8.29B | $10.91B | $11.41B | $11.88B | $12.88B | $14.19B | $14.62B | $19.27B | $20.51B | $22.17B | $20.83B | $25.27B | $27.73B | $29.82B | $36.85B | $41.19B | $43.52B | $43.94B | $46.21B | $47.94B |
| Current liabilities | $7.82B | $8.58B | $8.87B | $9.28B | $10.06B | $12.05B | $12.26B | $13.26B | $14.41B | $16.54B | $15.57B | $17.50B | $19.93B | $23.24B | $24.84B | $29.44B | $32.00B | $33.58B | $35.46B | $37.11B |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | — | $6.57B | $6.49B | $5.12B | $7.51B | $6.69B | $6.48B | $5.38B | $5.79B | $5.71B |
| Shareholder equity | $9.14B | $8.62B | $9.19B | $10.02B | $10.83B | $12.00B | $12.36B | $10.83B | $12.52B | $10.62B | $12.08B | $10.78B | $13.10B | $15.58B | $18.28B | $17.56B | $20.64B | $25.06B | $23.62B | $29.16B |
| Retained earnings | $6.04B | $5.13B | $5.36B | $6.10B | $6.59B | $7.11B | $7.83B | $6.28B | $7.46B | $6.52B | $7.69B | $5.99B | $7.89B | $10.26B | $12.88B | $11.67B | $15.59B | $19.52B | $17.62B | $22.65B |
| Accounts receivable | $565.37M | $762.02M | $747.97M | $834.00M | $884.00M | $965.00M | $1.03B | $1.20B | $1.15B | $1.22B | $1.25B | $1.43B | $1.67B | $1.53B | $1.55B | $1.80B | $2.24B | $2.29B | $2.72B | $3.20B |
| Inventory | $4.57B | $4.88B | $5.04B | $5.41B | $5.64B | $6.64B | $7.10B | $7.89B | $8.46B | $8.91B | $8.97B | $9.83B | $11.04B | $11.39B | $12.24B | $14.21B | $17.91B | $16.65B | $18.65B | $18.12B |
| Goodwill | $72.95M | $75.71M | $73.71M | $71.00M | $71.00M | $74.00M | $66.00M | $63.00M | — | — | — | — | — | $53.00M | $988.00M | $996.00M | $993.00M | $994.00M | $994.00M | $994.00M |
Frequently asked questions
What is Costco Wholesale Corp's revenue?
Costco Wholesale Corp's trailing twelve-month revenue is $293.59B, and consensus projects about $443.20B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is COST?
In its most recent fiscal year, COST ran a gross margin of 12.84%, an operating margin of 3.77%, and a net margin of 2.94%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does COST generate?
COST produced $7.84B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is COST's balance sheet healthy?
COST holds $14.16B in cash and equivalents against $5.71B in long-term debt, on $29.16B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.