Costco Wholesale (COST) Stock Analysis
Here is a fundamental analysis of Costco Wholesale (COST), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | Current stock: COST | Industry group median |
|---|---|---|
| 1-Year Return | -1.48% | 16.68% |
Risk
Drawdown
Risk at a Glance
| Metric | Current stock: COST | Industry group median |
|---|---|---|
| 1-Year Volatility | 18.83% | 32.49% |
| Beta | 0.87 | 0.64 |
Company Profile
| Profile Item | COST |
|---|---|
| Name | Costco Wholesale Corporation |
| Country/Region | United States |
| GICS Sector | Consumer Staples |
| GICS Industry Group | Consumer Staples Distribution & Retail |
| GICS Industry | Consumer Staples Distribution & Retail |
| GICS Sub-Industry | Consumer Staples Merchandise Retail |
| Market Capitalization | 435.65 billion USD |
| Currency | USD |
| Exchange | Nasdaq |
| Listing Date | July 9, 1986 |
| Security Type | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Costco Wholesale (COST) trades at P/E ratio of 49.51, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.
COST
Consumer Staples Distribution & Retail industry group
49.51
Group distribution
- Max
- 49.59
- COST
- 49.51
- Q3
- 40.27
- Median
- 21.91
- Q1
- 17.31
- Min
- 11.33
Largest peers
- COST
- 49.51
- CASY
- 46.72
- WMT
- 42.62
- KR
- 42.02
- SYY
- 22.00
- TGT
- 17.86
- DG
- 16.24
Price-to-Sales Ratio (TTM)
Costco Wholesale (COST) trades at 1.48 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.
COST
Consumer Staples Distribution & Retail industry group
1.48
Group distribution
- Max
- 1.89
- COST
- 1.48
- Q3
- 0.91
- Median
- 0.52
- Q1
- 0.26
- Min
- 0.02
Largest peers
- CASY
- 1.89
- COST
- 1.48
- WMT
- 1.33
- DG
- 0.59
- TGT
- 0.58
- SYY
- 0.45
- KR
- 0.27
Price-to-Book Ratio (MRQ)
Costco Wholesale (COST) trades at 26.35 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.
COST
Consumer Staples Distribution & Retail industry group
26.35
Group distribution
- COST
- 26.35
- Max
- 9.68
- Q3
- 6.23
- Median
- 4.10
- Q1
- 2.15
- Min
- 0.76
Largest peers
- COST
- 26.35
- SYY
- 16.61
- WMT
- 9.68
- CASY
- 8.37
- KR
- 6.99
- TGT
- 3.75
- DG
- 2.86
Valuation at a Glance
| Metric | Current stock: COST | Industry group median |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 49.51 | 21.91 |
| Price-to-Sales Ratio (TTM) | 1.48 | 0.52 |
| Price-to-Book Ratio (MRQ) | 26.35 | 4.10 |
| Free Cash Flow Yield | 1.60% | 4.72% |
Profitability
Return on Equity (TTM)
Costco Wholesale (COST) posts ROE of 29.15%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.
COST
Consumer Staples Distribution & Retail industry group
29.15%
Group distribution
- Max
- 37.28%
- COST
- 29.15%
- Q3
- 22.55%
- Median
- 14.81%
- Q1
- 8.71%
- Min
- -2.30%
Largest peers
- SYY
- 81.90%
- COST
- 29.15%
- WMT
- 24.13%
- TGT
- 22.02%
- CASY
- 19.15%
- DG
- 18.91%
- KR
- 14.41%
Net Profit Margin (TTM)
Costco Wholesale (COST) keeps 3.01% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.
COST
Consumer Staples Distribution & Retail industry group
3.01%
Group distribution
- Max
- 6.51%
- Q3
- 3.51%
- COST
- 3.01%
- Median
- 2.17%
- Q1
- 1.27%
- Min
- -0.12%
Largest peers
- CASY
- 4.07%
- DG
- 3.63%
- TGT
- 3.24%
- WMT
- 3.14%
- COST
- 3.01%
- SYY
- 2.08%
- KR
- 0.69%
Operating Profit Margin (TTM)
Costco Wholesale (COST) turns 3.67% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.
COST
Consumer Staples Distribution & Retail industry group
3.67%
Group distribution
- Max
- 9.24%
- Q3
- 5.12%
- COST
- 3.67%
- Median
- 3.55%
- Q1
- 1.19%
- Min
- -0.11%
Largest peers
- DG
- 5.92%
- CASY
- 5.14%
- TGT
- 4.52%
- WMT
- 4.22%
- SYY
- 3.75%
- COST
- 3.67%
- KR
- 3.44%
Profitability at a Glance
| Metric | Current stock: COST | Industry group median |
|---|---|---|
| Return on Equity (TTM) | 29.15% | 14.81% |
| Return on Assets (TTM) | 8.67% | 5.63% |
| Net Profit Margin (TTM) | 3.01% | 2.17% |
| Operating Profit Margin (TTM) | 3.67% | 3.55% |
| Gross Profit Margin (TTM) | 12.88% | 24.79% |
Financial Strength
Current Ratio (MRQ)
Costco Wholesale (COST) has current ratio of 1.07, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
COST
Consumer Staples Distribution & Retail industry group
1.07
Group distribution
- Max
- 1.52
- Q3
- 1.36
- Median
- 1.17
- COST
- 1.07
- Q1
- 0.95
- Min
- 0.60
Largest peers
- SYY
- 1.33
- DG
- 1.17
- COST
- 1.07
- CASY
- 1.01
- TGT
- 0.93
- KR
- 0.80
- WMT
- 0.77
Debt-to-Equity Ratio (MRQ)
Costco Wholesale (COST) has debt-to-equity ratio of 0.60, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.
COST
Consumer Staples Distribution & Retail industry group
0.60
Group distribution
- Max
- 3.40
- Q3
- 1.93
- Median
- 1.29
- Q1
- 0.65
- COST
- 0.60
- Min
- 0.00
Largest peers
- SYY
- 6.70
- KR
- 4.16
- DG
- 1.79
- TGT
- 1.18
- WMT
- 0.75
- CASY
- 0.73
- COST
- 0.60
Financial Strength at a Glance
| Metric | Current stock: COST | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 1.07 | 1.17 |
| Debt-to-Equity Ratio (MRQ) | 0.60 | 1.29 |
| Net Debt / EBITDA | -0.07 | 2.59 |
Dividends
Dividend Yield (TTM)
Costco Wholesale (COST) has dividend yield of 0.60%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.
COST
Consumer Staples Distribution & Retail industry group
0.60%
Group distribution
- Max
- 4.41%
- Q3
- 2.02%
- Median
- 0.66%
- COST
- 0.60%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- TGT
- 3.43%
- SYY
- 2.78%
- KR
- 2.16%
- DG
- 2.06%
- WMT
- 0.82%
- COST
- 0.60%
- CASY
- 0.26%
Dividend Payout Ratio (TTM)
Costco Wholesale (COST) has payout ratio of 27.01%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.
COST
Consumer Staples Distribution & Retail industry group
27.01%
Group distribution
- Max
- 60.00%
- Q3
- 31.85%
- COST
- 27.01%
- Median
- 16.54%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- KR
- 87.01%
- SYY
- 60.00%
- TGT
- 59.97%
- WMT
- 33.54%
- DG
- 33.38%
- COST
- 27.01%
- CASY
- 11.90%
Dividends at a Glance
| Metric | Current stock: COST | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.60% | 0.66% |
| Dividend Payout Ratio (TTM) | 27.01% | 16.54% |