Costco Wholesale Corp (COST)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 9,077,000 | 8,823,000 | 8,487,000 | 8,030,000 | 8,067,000 | 7,864,000 | 7,769,000 | 7,530,000 | 7,359,000 | 6,878,000 | 6,608,000 | 6,195,000 | 5,707,000 | 5,669,000 | 5,310,000 | 4,935,000 | 4,899,000 | 4,841,000 | 4,720,000 | 4,680,000 |
| 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 |
| Pretax margin | 3.65% | 3.59% | 3.50% | 3.41% | 3.44% | 3.40% | 3.42% | 3.46% | 3.50% | 3.39% | 3.37% | 3.32% | 3.19% | 3.28% | 3.18% | 3.07% | 3.09% | 3.13% | 3.09% | 3.13% |
February 18, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $9,077,000K ÷ $248,828,000K
= 3.65%
The pretax margin of Costco Wholesale Corp has shown a relatively stable trend over the analyzed period, ranging from 3.07% to 3.65%. Generally, the pretax margin reflects the company's ability to generate profits before considering taxes on its income.
From the data provided, we can observe that the pretax margin has fluctuated within a narrow band, indicating consistent profitability levels for the company. Notable fluctuations, such as the slight increase from 3.19% in Feb 14, 2021, to 3.65% in Feb 18, 2024, may suggest improved operational efficiency or cost management during certain periods.
On average, the pretax margin of Costco Wholesale Corp hovers around 3.4%, showcasing the company's ability to effectively control its costs and maximize profitability. This consistent performance in maintaining a stable pretax margin reflects well-managed financial operations within the organization.
Peer comparison
Feb 18, 2024