Costco is a membership-only warehouse club that provides a wide selection of merchandise at substantially lower prices than are typically found at conventional wholesale or retail sources. The warehouses are designed to help small-to-medium-sized businesses reduce costs in purchasing for resale and for everyday business use. Individuals may also purchase for their personal needs. Costco's warehouses present a broad product category selections including groceries, candy, appliances, television and media, automotive supplies, tires, toys, hardware, sporting goods, jewelry, watches, cameras, books, housewares, apparel, health and beauty aids, tobacco, furniture, office supplies and office equipment. 

Company Growth (employees)
Type
Public
HQ
Issaquah, US
Founded
1983
Size (employees)
126,000 (est)
Website
costco.com
Costco was founded in 1983 and is headquartered in Issaquah, US

Key People at Costco

Craig Jelinek

Craig Jelinek

President, Chief Executive Officer, Director
Jeffrey Brotman

Jeffrey Brotman

Chairman of the Board, Co-Founder
John McKay

John McKay

Executive Vice President, Chief Operating Officer
Joseph Portera

Joseph Portera

Executive Vice President, Chief Operating Officer
Dennis Zook

Dennis Zook

Executive Vice President, Chief Operating Officer
James Murphy

James Murphy

Executive Vice President, International
Richard Galanti

Richard Galanti

Executive Vice President, Chief Financial Officer
Franz Lazarus

Franz Lazarus

Executive Vice President, Administration & Human Resources
Pat Callans

Pat Callans

Senior Vice President, Human Resources and Risk Management
Victor Curtis

Victor Curtis

Senior Vice President, Pharmacy
Paul Latham

Paul Latham

Senior Vice President, Membership, Marketing & Services
Richard Chang

Richard Chang

Senior Vice President, General Manager - Asia
Paul Moulton

Paul Moulton

Executive Vice President, Chief Information Officer

Costco Office Locations

Costco has an office in Issaquah
Issaquah, US (HQ)
999 Lake Drive

Costco Data and Metrics

Costco Financial Metrics

Costco's revenue was reported to be $28.9 b in Q3, 2017
USD

Revenue (Q3, 2017)

28.9 b

Net income (Q3, 2017)

706 m

EBIT (Q3, 2017)

968 m

Market capitalization (15-Aug-2017)

69.2 b

Cash (07-May-2017)

4.5 b
Costco's current market capitalization is $69.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

105.2 b112.6 b116.2 b118.7 b

Revenue growth, %

7%3%2%

Cost of goods sold

91.9 b98.5 b101.1 b102.9 b

Gross profit

13.2 b14.2 b15.1 b15.8 b

Gross profit Margin, %

13%13%13%13%

General and administrative expense

10.1 b10.9 b11.4 b12.1 b

Operating expense total

10.1 b10.9 b11.4 b12.1 b

EBIT

3.1 b3.2 b3.6 b3.7 b

EBIT margin, %

3%3%3%3%

Interest expense

(30 m)

Pre tax profit

3.1 b3.2 b3.6 b3.6 b

Income tax expense

990 m1.1 b1.2 b1.2 b

Net Income

2 b2.1 b2.4 b2.4 b
USDQ1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017Q3, 2017

Revenue

26.9 b27.5 b26.1 b27.2 b28.2 b26.8 b28.1 b29.8 b28.9 b

General and administrative expense

2.7 b2.7 b2.6 b2.8 b2.8 b2.7 b2.9 b3 b2.9 b

Operating expense total

2.7 b2.7 b2.6 b2.8 b2.8 b2.7 b2.9 b3 b2.9 b

EBIT

770 m877 m821 m767 m856 m858 m849 m844 m968 m

EBIT margin, %

3%3%3%3%3%3%3%3%3%

Interest expense

(26 m)(27 m)(31 m)(33 m)(31 m)(30 m)(29 m)(31 m)(21 m)

Pre tax profit

779 m870 m799 m762 m841 m835 m846 m809 m965 m

Income tax expense

274 m263 m280 m275 m286 m286 m291 m288 m259 m

Net Income

505 m607 m519 m487 m555 m549 m555 m521 m706 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

4.6 b5.7 b4.8 b3.4 b

Accounts Receivable

1.2 b1.1 b1.2 b1.3 b

Inventories

7.9 b8.5 b8.9 b9 b

Current Assets

15.8 b17.6 b16.8 b15.2 b

PP&E

13.9 b14.8 b15.4 b17 b

Total Assets

30.3 b33 b33.4 b33.2 b

Accounts Payable

7.9 b8.5 b9 b7.6 b

Total Debt

5 b5.1 b6.1 b5.2 b

Current Liabilities

13.3 b14.4 b16.5 b15.6 b

Total Liabilities

19.3 b20.5 b22.2 b20.8 b

Additional Paid-in Capital

4.7 b4.9 b5.2 b5.5 b

Retained Earnings

6.3 b7.5 b6.5 b7.7 b

Total Equity

11 b12.5 b10.8 b12.3 b

Debt to Equity Ratio

0.5 x0.4 x0.6 x0.4 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.2 x

Financial Leverage

2.8 x2.6 x3.1 x2.7 x
USDQ1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017Q3, 2017

Cash

6 b5.9 b5.1 b5.1 b3.6 b4.9 b4.8 b4.7 b4.5 b

Current Assets

19.2 b18.1 b17.6 b18.9 b15.5 b16.5 b18.6 b17.5 b17.3 b

Total Assets

34.6 b33.6 b33.5 b35.5 b32.4 b33.9 b36.5 b35.6 b35.6 b

Accounts Payable

9.8 b8.3 b8.9 b10.4 b8.2 b8.8 b11 b8.8 b9.4 b

Current Liabilities

16 b18.2 b16.7 b18.3 b15.4 b17 b19.2 b18.9 b21.4 b

Additional Paid-in Capital

5 b5.1 b5.1 b5.2 b5.3 b5.4 b5.5 b5.6 b5.7 b

Retained Earnings

7.8 b5.9 b6.2 b6.7 b7 b7.2 b7.9 b8.1 b5.5 b

Total Equity

12.6 b10.4 b10.8 b11.1 b11.2 b11.7 b12.2 b12.7 b10.2 b

Financial Leverage

2.8 x3.2 x3.1 x3.2 x2.9 x2.9 x3 x2.8 x3.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2.1 b2.1 b2.4 b2.4 b

Depreciation and Amortization

946 m1 b1.1 b1.3 b

Inventories

(898 m)(563 m)(890 m)(25 m)

Accounts Payable

718 m529 m880 m(1.5 b)

Cash From Operating Activities

3.4 b4 b4.3 b3.3 b

Purchases of PP&E

(2.1 b)(2 b)(2.4 b)(2.6 b)

Cash From Investing Activities

(2.3 b)(2.1 b)(2.5 b)(2.3 b)

Short-term Borrowings

(287 m)(103 m)(51 m)(106 m)

Long-term Borrowings

(1 m)(1.3 b)

Dividends Paid

(3.6 b)(584 m)(2.9 b)(746 m)

Cash From Financing Activities

44 m(786 m)(2.3 b)(2.4 b)

Interest Paid

86 m109 m117 m123 m
USDQ1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017Q3, 2017

Net Income

505 m607 m519 m487 m555 m549 m555 m521 m706 m

Accounts Payable

9.8 b8.3 b8.9 b10.4 b8.2 b8.8 b11 b8.8 b9.4 b
USDY, 2017

Revenue/Employee

229 k

Financial Leverage

3.5 x

Costco Operating Metrics

Costco's Stores was reported to be 729 in Q3, 2017
FY, 2014Q1, 2014Q2, 2015Q3, 2015FY, 2015Q1, 2015Q2, 2016Q3, 2016FY, 2016Q1, 2016Q2, 2017Q3, 2017

Stores

663686697698705715723727729

Paying Members

42 m42.5 m43.2 m43.7 m44.6 m45.4 m46.1 m46.9 k47.6 m47.9 m48.3 m48.6 m

Gas Stations

445472508

SKUs Offered

3.7 k3.7 k3.7 k

Membership Fee

$2.43 k582582584$2.53 k593603618$2.65 k630636644

Total Cardholders

76.4 m77.5 m78.7 m79.6 m81.3 m82.7 m84 m85.5 k86.7 m87.3 m88.1 m88.9 m

Transactions per Day

2.5 m

    Costco Market Value History

    Costco Revenue Breakdown

    Costco Median Salaries

    Source: 66 public H-1B filings from Costco

    Traffic Overview of Costco

    Costco Online and Social Media Presence

    Costco News and Updates

    We went to Costco's food court — it was one of the best fast food experiences we've ever had

    Costco is the holy grail of bulk buying, the cathedral of wholesale. But it's not all about 10-pound jars of peanut butter. A stop at Costco's humble food court — after walking miles around the cavernous warehouse — is a shameless reward for buying enough paper towels to fi…

    Amazon is about to surpass Costco on one crucial measure (AMZN, COST)

    Amazon Prime is closing in on Costco, as membership numbers soar.  There are now roughly 80 million Amazon Prime members in the US, as of March 2017, according Consumer Intelligence Research Partners estimates. That's a 37.9% increase from the 58 million members Amazon had a…

    A lawsuit over Costco golf balls shows why we can’t have nice things cheap

    Unless you’re a golfer, you probably don’t think about golf balls. But a new US lawsuit about these little dimpled spheres has an economics lesson…

    Costco is hiking its membership fees — here's how much more you'll pay (COST)

    Costco is raising its membership fees by nearly 10% on June 1. The warehouse chain's fees will increase by $5, to $60, for its basic membership and by $10, to $120, for its executive membership, the company said Thursday. The fee increases will impact roughly 35 million Cost…

    Amex is moving on from Costco (AXP, COST)

    This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. In its Q4 and full-year 2016 earnings release, Amex announced results that fell short of analyst expectations, but still pointed in a promising direct…
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    Costco Company Life and Culture

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