Costco Wholesale Corp (COST)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 4,737,000 | 4,720,000 |
| 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 |
| Operating profit margin | 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% | 3.10% | 3.15% |
February 18, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $8,506,000K ÷ $248,828,000K
= 3.42%
Costco Wholesale Corp's operating profit margin has shown a relatively stable trend over the past few years, ranging between 3.09% and 3.54%. The company has maintained a consistent performance in generating operating profits relative to its net sales during the periods analyzed. While there have been minor fluctuations in the operating profit margin, it generally hovers around the mid-3% range.
The slight variations in the operating profit margin may be influenced by factors such as changes in costs of goods sold, operating expenses, and pricing strategies. Overall, Costco appears to have effectively managed its operating expenses in relation to its sales revenue, sustaining a steady operating profit margin. However, it would be beneficial to further investigate the reasons behind the fluctuations to ensure continued profitability and operational efficiency.
Peer comparison
Feb 18, 2024
See also:
Costco Wholesale Corp Operating Profit Margin (Quarterly Data)