Costco Wholesale Corp (COST)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 9,285,000 | 9,024,000 | 8,506,000 | 8,347,000 | 8,114,000 | 7,830,000 | 7,942,000 | 7,851,000 | 7,793,000 | 7,571,000 | 7,443,000 | 6,971,000 | 6,708,000 | 6,362,000 | 5,878,000 | 5,804,000 | 5,435,000 | 4,969,000 | 4,912,000 | 4,849,000 |
| 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 |
| Operating profit margin | 3.65% | 3.56% | 3.42% | 3.40% | 3.35% | 3.33% | 3.39% | 3.40% | 3.43% | 3.48% | 3.54% | 3.43% | 3.42% | 3.41% | 3.29% | 3.36% | 3.26% | 3.09% | 3.10% | 3.13% |
September 1, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $9,285,000K ÷ $254,453,000K
= 3.65%
The operating profit margin of Costco Wholesale Corp has shown a relatively stable trend over the past few quarters, ranging from 3.09% to 3.65%. The margin peaked at 3.65% on September 1, 2024, and reached its lowest point at 3.09% on August 30, 2020. There have been slight fluctuations in the operating profit margin, with the most recent figure standing at 3.56% on May 12, 2024.
Overall, Costco has maintained a consistent level of operational efficiency in converting its sales revenues into operating profits. The margins above 3% indicate that Costco has been effectively managing its costs and expenses relative to its revenue generation. It is essential to monitor these margins over time to assess Costco's ability to sustain profitability and efficiency in its operations.
Peer comparison
Sep 1, 2024
See also:
Costco Wholesale Corp Operating Profit Margin (Quarterly Data)