Costco Wholesale Corp (COST)
Net profit margin
| 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 | Sep 1, 2019 | May 12, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 3,659,000 | 3,605,000 |
| Revenue (ttm) | US$ in thousands | 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 | 152,703,000 | 149,616,000 |
| Net profit margin | 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% | 2.40% | 2.41% |
February 18, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,794,000K ÷ $248,828,000K
= 2.73%
The net profit margin of Costco Wholesale Corp has demonstrated relatively stable performance over the past few years, fluctuating within a narrow range between 2.31% and 2.73%. This indicates that the company has been able to effectively control its expenses and generate consistent profitability in relation to its revenue.
The trend shows a slight increase in net profit margin in the most recent periods, with an average of around 2.55% to 2.65%. This improvement suggests that Costco may have implemented operational efficiencies or pricing strategies to enhance its bottom line.
Overall, the net profit margin analysis indicates that Costco Wholesale Corp has maintained a decent level of profitability in its operations, reflecting sound financial management practices and effective cost controls.
Peer comparison
Feb 18, 2024