Costco Wholesale Corporation

NasdaqGS:COST Stock Report

Market Cap: US$433.4b

Costco Wholesale Future Growth

Future criteria checks 2/6

Costco Wholesale is forecast to grow earnings and revenue by 8.5% and 6.4% per annum respectively. EPS is expected to grow by 9.5% per annum. Return on equity is forecast to be 26% in 3 years.

Key information

8.5%

Earnings growth rate

9.5%

EPS growth rate

Consumer Retailing earnings growth9.6%
Revenue growth rate6.4%
Future return on equity26.0%
Analyst coverage

Good

Last updated15 Apr 2025

Recent future growth updates

Costco Wholesale Corporation (NASDAQ:COST) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Mar 15
Costco Wholesale Corporation (NASDAQ:COST) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Here's What Analysts Are Forecasting For Costco Wholesale Corporation (NASDAQ:COST) After Its Annual Results

Sep 28
Here's What Analysts Are Forecasting For Costco Wholesale Corporation (NASDAQ:COST) After Its Annual Results

Recent updates

Costco: Profitable Like Heck, Valuation Like Shrek (Ugly)

Mar 24

Costco's Selloff Is Finally Here - Is It A Buy Now?

Mar 18

Costco Wholesale Corporation (NASDAQ:COST) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Mar 15
Costco Wholesale Corporation (NASDAQ:COST) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Costco: Overvalued After Strong Bull Run (Rating Downgrade)

Mar 10

Costco Wholesale (NASDAQ:COST) Could Easily Take On More Debt

Mar 08
Costco Wholesale (NASDAQ:COST) Could Easily Take On More Debt

Costco's Q2 Preview: Investors Debate On Stock-Split, Special Dividend, And Fee Hike

Mar 04

Costco Wholesale (NASDAQ:COST) Ticks All The Boxes When It Comes To Earnings Growth

Feb 25
Costco Wholesale (NASDAQ:COST) Ticks All The Boxes When It Comes To Earnings Growth

Costco: Risks With The Momentum Trade Into Q2 Earnings

Feb 23

At US$980, Is Costco Wholesale Corporation (NASDAQ:COST) Worth Looking At Closely?

Feb 03
At US$980, Is Costco Wholesale Corporation (NASDAQ:COST) Worth Looking At Closely?

Costco's Price Looks Similar To Walmart In 1999

Jan 22

Costco: If It Ain't Broke, Why Fix It? Consistency Is Key

Jan 09

Costco Wholesale (NASDAQ:COST) Is Very Good At Capital Allocation

Jan 06
Costco Wholesale (NASDAQ:COST) Is Very Good At Capital Allocation

Costco Wholesale Corporation (NASDAQ:COST) Investors Are Less Pessimistic Than Expected

Dec 25
Costco Wholesale Corporation (NASDAQ:COST) Investors Are Less Pessimistic Than Expected

As Costco's Q1 Earnings Approach, Let's Understand The Mindset Of Its Shareholders

Dec 09

Costco Is A Great Place To Shop, But Not To Invest

Nov 11

Estimating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST)

Nov 04
Estimating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST)

Costco: Still Cheap With Room For Warehouse Growth

Oct 29

Do Costco Wholesale's (NASDAQ:COST) Earnings Warrant Your Attention?

Oct 23
Do Costco Wholesale's (NASDAQ:COST) Earnings Warrant Your Attention?

Costco Is Running Out Of Gold, Here's What That Means For The Wholesaler

Oct 18

Costco's Buying Opportunity Has Long Left The Station

Oct 12
author-image

Narrative update from Goran Damchevski

Oct 08Membership Fee Increase and E-comm Will Improve Costco’s ProfitabilityBeginning September 1, 2024 Costco increased its membership fees by 8.3% from $120 to $130 for the Executive package and from $60

Costco Is A Phenomenal Company, But It's An Overpriced Investment

Oct 01

Here's What Analysts Are Forecasting For Costco Wholesale Corporation (NASDAQ:COST) After Its Annual Results

Sep 28
Here's What Analysts Are Forecasting For Costco Wholesale Corporation (NASDAQ:COST) After Its Annual Results

Costco: Value For Customers But Not For Investors

Sep 23

Costco: Price May Have Gotten Ahead Of Itself (Rating Downgrade)

Sep 07

Unpleasant Surprises Could Be In Store For Costco Wholesale Corporation's (NASDAQ:COST) Shares

Sep 05
Unpleasant Surprises Could Be In Store For Costco Wholesale Corporation's (NASDAQ:COST) Shares

Consumer Behavior Driving Costco's Results: Worth Half Its Current Value

Aug 25

Costco: Fundamentals Align With Technicals - And It's Not Bullish (Technical Analysis)

Aug 12

How Costco's Membership Fee Hike Makes A New Special (And Higher) Dividend Likely

Jul 29

Is Costco Wholesale (NASDAQ:COST) A Risky Investment?

Jul 29
Is Costco Wholesale (NASDAQ:COST) A Risky Investment?

Costco Reminds Me Of Coca-Cola's Major Top In 1998

Jul 21

Calculating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST)

Jul 17
Calculating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST)

Returns on Capital Paint A Bright Future For Costco Wholesale (NASDAQ:COST)

Jul 05
Returns on Capital Paint A Bright Future For Costco Wholesale (NASDAQ:COST)

Costco Is Still Dead Money

Jul 01

Why Costco Excels In A Tough Environment

Jun 20

Here's Why We Think Costco Wholesale (NASDAQ:COST) Is Well Worth Watching

Jun 10
Here's Why We Think Costco Wholesale (NASDAQ:COST) Is Well Worth Watching

Costco: Beware Of Shorting This Momentum Stock

Jun 07

Costco Q3: Strong E-Commerce Growth Driven By Discretionary Purchases

May 31

Costco: The Multiple Expansion Train Marches On (Rating Downgrade)

May 19

Costco Wholesale Corporation's (NASDAQ:COST) Shareholders Might Be Looking For Exit

May 14
Costco Wholesale Corporation's (NASDAQ:COST) Shareholders Might Be Looking For Exit

Costco: Looking Overvalued, Maybe Time To Checkout?

Apr 26

Costco Is The Constant Grower Your Portfolio Needs

Apr 15

Costco: The Stock Is A Buy After Recent Correction

Apr 05

Costco: Should The Magnificent 7 Be Expanded?

Mar 28
author-image

Narrative update from Goran Damchevski

Mar 20Costco's Q2 2024 revenue fell short of Wall Street expectations, despite year-over-year sales growth and strong e-commerce gains. Costco opened four new clubs in Q2 2024, including three in the US and

Costco: Wonderful Business, Awful Price (Rating Downgrade)

Mar 14

Costco Q2 Earnings: Membership Fee Unchanged As Sales Strength Continues

Mar 08

Costco: Why The Stock Still Has Room To Run

Feb 29

Costco: The Retailer May Have Gotten Ahead Of Itself

Feb 09

Earnings and Revenue Growth Forecasts

NasdaqGS:COST - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
8/31/2027313,5649,7438,98013,90922
8/31/2026294,0358,8717,94312,75333
8/31/2025274,2608,0897,46412,75734
2/16/2025264,0867,6216,92511,965N/A
11/24/2024258,8057,5765,0149,948N/A
9/1/2024254,4537,3676,62911,339N/A
5/12/2024253,6957,1737,41712,106N/A
2/18/2024248,8286,7946,20110,648N/A
11/26/2023245,6526,5178,80313,109N/A
9/3/2023242,2906,2926,74511,068N/A
5/7/2023235,4426,0005,8239,849N/A
2/12/2023234,3906,0515,4759,535N/A
11/20/2022231,0285,8842,8516,744N/A
8/28/2022226,9545,8443,5017,392N/A
5/8/2022217,5385,6464,1007,826N/A
2/13/2022210,2195,5136,0329,932N/A
11/21/2021203,0845,1655,8199,569N/A
8/29/2021195,9295,0075,3708,958N/A
5/9/2021186,6374,7266,91410,260N/A
2/14/2021178,6264,3445,8098,825N/A
11/22/2020172,9294,3246,4189,406N/A
8/30/2020166,7614,0026,0518,861N/A
5/10/2020160,8763,7103,9456,912N/A
2/16/2020158,3503,7784,1787,119N/A
11/24/2019154,6743,7363,2986,281N/A
9/1/2019152,7033,6593,3586,356N/A
5/12/2019149,6163,6052,5725,617N/A
2/17/2019147,2373,4492,6595,617N/A
11/25/2018144,8363,261N/A5,945N/A
9/2/2018141,5763,134N/A5,774N/A
5/13/2018139,4653,010N/A6,054N/A
2/18/2018135,9642,960N/A5,555N/A
11/26/2017132,7352,774N/A5,939N/A
9/3/2017129,0252,679N/A6,726N/A
5/7/2017123,2852,539N/A4,723N/A
2/12/2017121,1942,384N/A4,976N/A
11/20/2016119,5982,415N/A5,274N/A
8/28/2016118,7192,350N/A3,292N/A
5/8/2016117,9372,338N/A4,489N/A
2/14/2016117,2692,309N/A3,859N/A
11/22/2015116,5532,361N/A3,968N/A
8/30/2015116,1992,377N/A4,285N/A
5/10/2015115,9442,307N/A4,099N/A
2/15/2015115,6372,264N/A4,360N/A
11/23/2014114,4892,129N/A4,173N/A
8/31/2014112,6402,058N/A3,984N/A
5/11/2014109,6041,978N/A3,705N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: COST's forecast earnings growth (8.5% per year) is above the savings rate (2.8%).

Earnings vs Market: COST's earnings (8.5% per year) are forecast to grow slower than the US market (13.5% per year).

High Growth Earnings: COST's earnings are forecast to grow, but not significantly.

Revenue vs Market: COST's revenue (6.4% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: COST's revenue (6.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: COST's Return on Equity is forecast to be high in 3 years time (26%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/16 16:19
End of Day Share Price 2025/04/16 00:00
Earnings2025/02/16
Annual Earnings2024/09/01

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Costco Wholesale Corporation is covered by 71 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher GrajaArgus Research Company
Peter BenedictBaird
Ishan MajumdarBaptista Research