Costco Historical Income Statement

COST Stock

USD 971.88 10.33 1.07%

Historical analysis of Costco Wholesale income statement accounts such as Interest Expense of 177.4 M, Total Revenue of 267.2 B or Gross Profit of 33.7 B can show how well Costco Wholesale Corp performed in making a profits. Evaluating Costco Wholesale income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Costco Wholesale's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Costco Wholesale Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Costco Wholesale Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costco Wholesale Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Costco Income Statement Analysis

Costco Wholesale Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Costco Wholesale shareholders. The income statement also shows Costco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Costco Wholesale Income Statement Chart

At this time, Costco Wholesale's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 24 B in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 4.8 B in 2024.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Costco Wholesale Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Costco Wholesale Corp minus its cost of goods sold. It is profit before Costco Wholesale operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Costco Wholesale Corp. It is also known as Costco Wholesale overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Costco Wholesale Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Costco Wholesale Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Costco Wholesale's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Costco Wholesale Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costco Wholesale Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

	2021	2022	2023	2024 (projected)
Gross Profit	27.6B	29.7B	32.1B	33.7B
Total Revenue	227.0B	242.3B	254.5B	267.2B

Gross Profit Total Revenue

Costco Wholesale income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Tax Provision	Interest Income	Selling General Administrative	Net Interest Income	Net Income From Continuing Ops	Reconciled Depreciation	Minority Interest	Non Operating Income Net Other
Depreciation And Amortization		0.9	0.98	0.98	0.98	0.97	0.95	0.97	0.98	0.98	0.96	0.56	0.95	0.94	0.73	0.6	0.86	0.67	0.83	0.83	0.31	-0.44
Interest Expense	0.9		0.88	0.9	0.88	0.84	0.82	0.84	0.87	0.92	0.82	0.34	0.8	0.83	0.43	0.39	0.6	0.43	0.56	0.56	0.18	-0.35
Total Revenue	0.98	0.88		1.0	1.0	0.99	0.99	0.99	1.0	0.99	0.99	0.68	0.98	0.97	0.78	0.72	0.88	0.76	0.86	0.87	0.43	-0.57
Gross Profit	0.98	0.9	1.0		1.0	0.99	0.99	0.99	1.0	1.0	0.99	0.66	0.98	0.97	0.75	0.71	0.86	0.75	0.84	0.85	0.43	-0.58
Other Operating Expenses	0.98	0.88	1.0	1.0		0.99	0.99	0.99	1.0	0.99	0.99	0.67	0.98	0.97	0.77	0.72	0.88	0.76	0.86	0.87	0.43	-0.57
Operating Income	0.97	0.84	0.99	0.99	0.99		1.0	1.0	0.99	0.98	1.0	0.72	1.0	0.97	0.81	0.77	0.91	0.8	0.89	0.9	0.47	-0.63
Ebit	0.95	0.82	0.99	0.99	0.99	1.0		1.0	0.99	0.97	1.0	0.75	1.0	0.98	0.83	0.8	0.91	0.82	0.9	0.91	0.5	-0.65
Ebitda	0.97	0.84	0.99	0.99	0.99	1.0	1.0		1.0	0.98	1.0	0.72	1.0	0.98	0.81	0.77	0.91	0.8	0.89	0.9	0.47	-0.62
Cost Of Revenue	0.98	0.87	1.0	1.0	1.0	0.99	0.99	1.0		0.99	0.99	0.68	0.98	0.97	0.78	0.72	0.89	0.77	0.87	0.87	0.44	-0.57
Total Operating Expenses	0.98	0.92	0.99	1.0	0.99	0.98	0.97	0.98	0.99		0.98	0.63	0.97	0.97	0.72	0.68	0.84	0.72	0.82	0.83	0.41	-0.55
Income Before Tax	0.96	0.82	0.99	0.99	0.99	1.0	1.0	1.0	0.99	0.98		0.75	1.0	0.97	0.82	0.8	0.91	0.82	0.9	0.91	0.5	-0.65
Total Other Income Expense Net	0.56	0.34	0.68	0.66	0.67	0.72	0.75	0.72	0.68	0.63	0.75		0.75	0.74	0.8	0.96	0.75	0.98	0.76	0.81	0.92	-0.81
Net Income	0.95	0.8	0.98	0.98	0.98	1.0	1.0	1.0	0.98	0.97	1.0	0.75		0.96	0.82	0.8	0.92	0.83	0.91	0.92	0.5	-0.66
Income Tax Expense	0.94	0.83	0.97	0.97	0.97	0.97	0.98	0.98	0.97	0.97	0.97	0.74	0.96		0.81	0.8	0.85	0.81	0.84	0.86	0.53	-0.63
Tax Provision	0.73	0.43	0.78	0.75	0.77	0.81	0.83	0.81	0.78	0.72	0.82	0.8	0.82	0.81		0.83	0.94	0.85	0.96	0.96	0.57	-0.48
Interest Income	0.6	0.39	0.72	0.71	0.72	0.77	0.8	0.77	0.72	0.68	0.8	0.96	0.8	0.8	0.83		0.77	0.95	0.8	0.84	0.82	-0.88
Selling General Administrative	0.86	0.6	0.88	0.86	0.88	0.91	0.91	0.91	0.89	0.84	0.91	0.75	0.92	0.85	0.94	0.77		0.83	0.99	0.99	0.48	-0.5
Net Interest Income	0.67	0.43	0.76	0.75	0.76	0.8	0.82	0.8	0.77	0.72	0.82	0.98	0.83	0.81	0.85	0.95	0.83		0.83	0.87	0.86	-0.77
Net Income From Continuing Ops	0.83	0.56	0.86	0.84	0.86	0.89	0.9	0.89	0.87	0.82	0.9	0.76	0.91	0.84	0.96	0.8	0.99	0.83		0.99	0.48	-0.52
Reconciled Depreciation	0.83	0.56	0.87	0.85	0.87	0.9	0.91	0.9	0.87	0.83	0.91	0.81	0.92	0.86	0.96	0.84	0.99	0.87	0.99		0.55	-0.58
Minority Interest	0.31	0.18	0.43	0.43	0.43	0.47	0.5	0.47	0.44	0.41	0.5	0.92	0.5	0.53	0.57	0.82	0.48	0.86	0.48	0.55		-0.72
Non Operating Income Net Other	-0.44	-0.35	-0.57	-0.58	-0.57	-0.63	-0.65	-0.62	-0.57	-0.55	-0.65	-0.81	-0.66	-0.63	-0.48	-0.88	-0.5	-0.77	-0.52	-0.58	-0.72

Click cells to compare fundamentals

Costco Wholesale Account Relationship Matchups

Costco Wholesale income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.8B	2.1B	2.3B	2.5B	2.2B	2.3B
Interest Expense	150M	160M	171M	158M	169M	177.5M
Total Revenue	166.8B	195.9B	227.0B	242.3B	254.5B	267.2B
Gross Profit	21.8B	25.2B	27.6B	29.7B	32.1B	33.7B
Other Operating Expenses	161.3B	189.2B	219.2B	234.2B	245.2B	257.4B
Operating Income	5.4B	6.7B	7.8B	8.1B	9.3B	9.7B
Ebit	5.2B	6.9B	8.0B	8.6B	9.9B	10.4B
Ebitda	7.1B	8.9B	10.3B	11.1B	12.1B	12.8B
Cost Of Revenue	144.9B	170.7B	199.4B	212.6B	222.4B	233.5B
Total Operating Expenses	16.4B	18.5B	19.8B	21.6B	22.8B	24.0B
Income Before Tax	5.4B	6.7B	7.8B	8.5B	9.7B	10.2B
Total Other Income Expense Net	27M	7M	(28M)	373M	455M	477.8M
Net Income	4.0B	5.0B	5.8B	6.3B	7.4B	7.7B
Income Tax Expense	1.3B	1.6B	1.9B	2.2B	2.4B	2.5B
Tax Provision	1.3B	1.6B	1.9B	2.2B	2.4B	1.8B
Interest Income	64M	74M	205M	339M	598M	627.9M
Selling General Administrative	15.8B	17.9B	19.8B	21.6B	22.8B	19.2B
Net Income Applicable To Common Shares	4.0B	5.0B	5.8B	6.3B	7.2B	4.8B
Net Interest Income	(71M)	(130M)	47M	373M	429M	450.5M
Net Income From Continuing Ops	4.1B	5.1B	5.9B	6.3B	7.4B	5.6B
Reconciled Depreciation	1.6B	1.8B	1.9B	2.1B	2.2B	2.0B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Costco Stock Analysis

When running Costco Wholesale's price analysis, check to measure Costco Wholesale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Costco Wholesale is operating at the current time. Most of Costco Wholesale's value examination focuses on studying past and present price action to predict the probability of Costco Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Costco Wholesale's price. Additionally, you may evaluate how the addition of Costco Wholesale to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Costco Historical Income Statement

About Costco Income Statement Analysis

Costco Wholesale Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Costco Wholesale income statement Correlations

Costco Wholesale Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Costco Wholesale income statement Accounts

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Costco Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Gross Profit
Cost Of Revenue	+ 1.0	Gross Profit
Total Operating Expenses	+ 1.0	Gross Profit

Non Operating Income Net Other	- 0.88	Interest Income
Non Operating Income Net Other	- 0.81	Total Other Income Expense Net
Non Operating Income Net Other	- 0.77	Net Interest Income
Non Operating Income Net Other	- 0.72	Minority Interest
Non Operating Income Net Other	- 0.66	Net Income
Non Operating Income Net Other	- 0.65	Income Before Tax