Costco Wholesale Corp (COST)
Net profit margin
| Sep 1, 2024 | May 12, 2024 | Feb 18, 2024 | Nov 26, 2023 | Sep 3, 2023 | May 7, 2023 | Feb 12, 2023 | Nov 20, 2022 | Aug 28, 2022 | May 8, 2022 | Feb 13, 2022 | Nov 21, 2021 | Aug 29, 2021 | May 9, 2021 | Feb 14, 2021 | Nov 22, 2020 | Aug 30, 2020 | May 10, 2020 | Feb 16, 2020 | Nov 24, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 7,367,000 | 7,173,000 | 6,794,000 | 6,517,000 | 6,292,000 | 6,000,000 | 6,051,000 | 5,884,000 | 5,844,000 | 5,646,000 | 5,513,000 | 5,165,000 | 5,007,000 | 4,726,000 | 4,344,000 | 4,324,000 | 4,002,000 | 3,710,000 | 3,778,000 | 3,736,000 |
| Revenue (ttm) | US$ in thousands | 254,453,000 | 253,695,000 | 248,828,000 | 245,652,000 | 242,290,000 | 235,442,000 | 234,390,000 | 231,028,000 | 226,954,000 | 217,538,000 | 210,219,000 | 203,084,000 | 195,929,000 | 186,637,000 | 178,626,000 | 172,929,000 | 166,761,000 | 160,876,000 | 158,350,000 | 154,674,000 |
| Net profit margin | 2.90% | 2.83% | 2.73% | 2.65% | 2.60% | 2.55% | 2.58% | 2.55% | 2.57% | 2.60% | 2.62% | 2.54% | 2.56% | 2.53% | 2.43% | 2.50% | 2.40% | 2.31% | 2.39% | 2.42% |
September 1, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $7,367,000K ÷ $254,453,000K
= 2.90%
The net profit margin of Costco Wholesale Corp has shown a relatively stable trend over the past several quarters, ranging between 2.31% to 2.90%. This indicates that for every dollar of sales generated, the company has been able to retain between 2.31 cents to 2.90 cents as net profit after accounting for all expenses.
The net profit margin peaked at 2.90% on Sep 1, 2024, and has generally remained above 2.50% in the recent quarters. This suggests that Costco has been efficient in controlling its costs and managing its operations effectively to generate profits.
Overall, the consistent net profit margin of Costco Wholesale Corp indicates that the company has a sound financial position and is able to generate reasonable profits relative to its revenue. However, it is important to continue monitoring this ratio to ensure continued profitability and financial health.
Peer comparison
Sep 1, 2024