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Common-Size Income Statement
Costco Wholesale Corp., common-size consolidated income statement
Based on: 10-K (filing date: 2020-10-07), 10-K (filing date: 2019-10-11), 10-K (filing date: 2018-10-26), 10-K (filing date: 2017-10-18), 10-K (filing date: 2016-10-12), 10-K (filing date: 2015-10-14).
Income statement item | Description | The company |
---|---|---|
Operating income | The net result for the period of deducting operating expenses from operating revenues. | Costco Wholesale Corp.’s operating income as a percentage of net sales decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level. |
Income before income taxes | Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. | Costco Wholesale Corp.’s income before income taxes as a percentage of net sales decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level. |
Net income attributable to Costco | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | Costco Wholesale Corp.’s net income attributable to Costco as a percentage of net sales increased from 2018 to 2019 and from 2019 to 2020. |