Costco Wholesale Corporation

COST

Costco Wholesale Corporation

Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for Costco Wholesale Corporation.

R40: 14 · 2026 Q3 $423.13B
$951.89
News

Coverage

See all news →

Rule of 40 2026 Q3
14.5
✗ Below 40
Revenue Growth YoY +11.6%
+
FCF Margin +2.9%
History
3
Q4
2024 R40 +8
11
Q1
12
Q2
12
Q3
10
Q4
2025 R40 +11
13
Q1
12
Q2
14
Q3
ANALYST RATINGS
Buy Avg target withheld — over 90 days old
Latest analyst action Feb 10, 2026
COST
Mizuho
Outperform $1000
Upgrade
2026-01-05
Roth Capital
Sell $769
Downgrade
2025-12-15
Oppenheimer
Outperform $1050
Reiterated
2025-11-03
BTIG Research
Buy $1115
Initiated
2025-10-15
Mizuho
Neutral $975
Initiated
2025-04-11

See all 16 ratings →

Company timeline

Earnings release dates

Quarter End date Publication date Release
2026 Q4 2026-08-30 2026-09-24 Details →
2026 Q3 2026-05-10 2026-05-28 Details →
2026 Q2 2026-02-15 2026-03-05 Details →
2026 Q1 2025-11-23 2025-12-11 Details →
2025 Q4 2025-08-31 2025-09-25 Details →
2025 Q3 2025-05-11 2025-05-29 Details →
2025 Q2 2025-02-16 2025-03-06 Details →
2025 Q1 2024-11-24 2024-12-12 Details →
2024 Q4 2024-09-01 2024-09-26 Details →
2024 Q3 2024-05-12 2024-05-30 Details →
2024 Q2 2024-02-18 2024-03-07 Details →
2024 Q1 2023-11-26 2023-12-14 Details →
2023 Q4 2023-09-03 2023-09-26 Details →
2023 Q3 2023-05-07 2023-05-25 Details →
2023 Q2 2023-02-12 2023-03-02 Details →
2023 Q1 2022-11-20 2022-12-08 Details →
2022 Q4 2022-08-28 2022-09-22 Details →
2022 Q3 2022-05-08 2022-05-26 Details →
2022 Q2 2022-02-13 2022-03-03 Details →
2022 Q1 2021-11-21 2021-12-09 Details →
2021 Q4 2021-08-29 2021-09-23 Details →
2021 Q3 2021-05-09 2021-05-27 Details →
2021 Q2 2021-02-14 2021-03-04 Details →
2021 Q1 2020-11-22 2020-12-10 Details →
2020 Q4 2020-08-30 2020-09-24 Details →
2020 Q3 2020-05-10 2020-05-28 Details →
2020 Q2 2020-02-16 2020-03-05 Details →
2020 Q1 2019-11-24 2019-12-12 Details →

All COST earnings →

Background

Company History

Exchange
NASDAQ
IPO Date
Dec 5, 1985
IPO Price
$10.00
as issued; not split-adjusted, so not comparable to the current price
Shares Outstanding
444.5M
1983
Founding of Costco

Founded on September 15, 1983, in Seattle by James Sinegal and Jeffrey Brotman, opening first warehouse selling to small businesses at 8-9% markup over wholesale.

1993
PriceClub Merger

Merged with Price Club to form PriceCostco, combining 206 locations and $16 billion in sales, with universal memberships.

1997
Reversion to Costco Name

Merged company reverted to Costco name and stock symbol, rebranding all Price Club locations.

2005
First Warehouse Replacement

Replaced original Seattle warehouse with new building; demolished old for parking lot, gas station, and car wash (opened 2006).

2019
First Store in China

Opened first warehouse in Shanghai on August 27, 2019; closed early due to overwhelming demand.

2020
Acquisition of Innovel

Acquired logistics company Innovel for $1 billion.

2024
Membership Fee Increase

Raised fees (Gold Star/Business $60 to $65, Executive $120 to $130); implemented barcode scanners and restricted food court to members.

2025
Lawsuit Against Federal Government

Filed lawsuit seeking refund of tariffs imposed by Trump Administration, challenging use under International Emergency Economic Powers Act.

Leadership

Key Players

showing 6 of 17 · see all leadership & board

Ron Vachris
President and Chief Executive Officer
CEO since January 2024, succeeding Craig Jelinek. Previously served as President and COO from February 2022. Started at Costco as a forklift driver in 1982 and rose through warehouse operations, merchandising, and regional management roles.
Gary Millerchip
Executive Vice President and Chief Financial Officer
CFO since March 2024, succeeding longtime CFO Richard Galanti. Previously served as CFO of The Kroger Co. Brings extensive retail financial leadership and capital allocation experience.
Russ Miller
Senior Executive Vice President, COO — Warehouse Operations, U.S. and Mexico
Oversees Costco's core U.S. and Mexico warehouse operations. Also serves on Costco's Board of Directors since 2024. Longtime Costco executive with deep operational expertise across merchandising and regional management.
Pierre Riel
Executive Vice President, COO — International Division
Leads Costco's international operations spanning Canada, UK, Japan, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden.
Patrick J. Callans
Executive Vice President, Administration
Oversees administrative functions including human resources, legal, loss prevention, and information systems. Joined Costco executive leadership in 2019.
Joseph P. Portera
Executive Vice President, COO — Eastern and Canadian Divisions
Manages Costco's Eastern U.S. and Canadian warehouse operations. Long-tenured executive who has overseen significant expansion in these key markets.
Related

Similar stocks in Consumer

Amazon.com, Inc. AMZN Amazon.com, Inc. Walmart Inc. WMT Walmart Inc. The Home Depot, Inc. HD The Home Depot, Inc. The Procter & Gamble Company PG The Procter & Gamble Company Carvana Co. CVNA Carvana Co. DoorDash, Inc. DASH DoorDash, Inc.