Costco Wholesale Corp (COST)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 69,831,000 | 67,911,000 | 66,323,000 | 73,723,000 | 68,994,000 | 66,752,000 | 66,848,000 | 66,027,000 | 64,166,000 | 63,852,000 | 63,078,000 | 64,149,000 | 59,268,000 | 57,274,000 | 54,918,000 | 60,217,000 | 55,556,000 | 51,732,000 | 48,782,000 | 51,431,000 |
| Operating ROA | 13.30% | 13.29% | 12.83% | 11.32% | 11.76% | 11.73% | 11.88% | 11.89% | 12.15% | 11.86% | 11.80% | 10.87% | 11.32% | 11.11% | 10.70% | 9.64% | 9.78% | 9.61% | 10.07% | 9.43% |
September 1, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $9,285,000K ÷ $69,831,000K
= 13.30%
Operating ROA for Costco Wholesale Corp has shown a fairly stable trend over the past few quarters, ranging from 9.43% to 13.30%. The company's performance peaked at 13.30% on September 1, 2024, indicating that for every dollar of assets the company holds, it generated 13.30 cents in operating income. This demonstrates efficient asset utilization to generate operating profits. The consistency in operating ROA suggests that Costco has been effectively managing its assets to drive profitability. However, fluctuations in the ratio over time may point to changing market conditions or strategic decisions impacting the company's operations.
Peer comparison
Sep 1, 2024