Costco Wholesale Corp (COST)
Return on total capital
| Aug 31, 2025 | Sep 1, 2024 | Aug 31, 2024 | Sep 3, 2023 | Aug 31, 2023 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 10,972,000 | 9,909,000 | 9,909,000 | 8,647,000 | 8,647,000 |
| Long-term debt | US$ in thousands | — | 5,794,000 | — | 5,377,000 | — |
| Total stockholders’ equity | US$ in thousands | 29,164,000 | 23,622,000 | 23,622,000 | 25,058,000 | 25,058,000 |
| Return on total capital | 37.62% | 33.69% | 41.95% | 28.41% | 34.51% |
August 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $10,972,000K ÷ ($—K + $29,164,000K)
= 37.62%