Common-Size Income Statement
Quarterly Data
Paying user area
Try for free
Costco Wholesale Corp. pages available for free this week:
- Statement of Comprehensive Income
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Long-term (Investment) Activity Ratios
- Common Stock Valuation Ratios
- Present Value of Free Cash Flow to Equity (FCFE)
- Selected Financial Data since 2005
- Current Ratio since 2005
- Debt to Equity since 2005
- Analysis of Debt
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Costco Wholesale Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Costco Wholesale Corp., common-size consolidated income statement (quarterly data)
Based on: 10-Q (reporting date: 2025-05-11), 10-Q (reporting date: 2025-02-16), 10-Q (reporting date: 2024-11-24), 10-K (reporting date: 2024-09-01), 10-Q (reporting date: 2024-05-12), 10-Q (reporting date: 2024-02-18), 10-Q (reporting date: 2023-11-26), 10-K (reporting date: 2023-09-03), 10-Q (reporting date: 2023-05-07), 10-Q (reporting date: 2023-02-12), 10-Q (reporting date: 2022-11-20), 10-K (reporting date: 2022-08-28), 10-Q (reporting date: 2022-05-08), 10-Q (reporting date: 2022-02-13), 10-Q (reporting date: 2021-11-21), 10-K (reporting date: 2021-08-29), 10-Q (reporting date: 2021-05-09), 10-Q (reporting date: 2021-02-14), 10-Q (reporting date: 2020-11-22), 10-K (reporting date: 2020-08-30), 10-Q (reporting date: 2020-05-10), 10-Q (reporting date: 2020-02-16), 10-Q (reporting date: 2019-11-24), 10-K (reporting date: 2019-09-01), 10-Q (reporting date: 2019-05-12), 10-Q (reporting date: 2019-02-17), 10-Q (reporting date: 2018-11-25).
- Net Sales
- Remained constant as the baseline reference of 100% in all periods, serving as the basis for percentage analysis of other financial items.
- Merchandise Costs
- Displayed high and relatively stable proportions, ranging approximately between -88.4% and -89.8% of net sales. There was minor fluctuation but no significant trend, indicating consistent cost of goods sold relative to sales over time.
- Gross Margin
- Showed relative stability around 10.2% to 11.5% of net sales. Some minor variability was observed, with peaks around early 2021 and small declines around 2022, but generally maintained a steady margin.
- Membership Fees
- Exhibited a generally downward trend over the timeline from approximately 2.21% down to near 1.87%, followed by a modest rebound to about 2% in the latest periods. This suggests slight fluctuations in membership fee contributions relative to sales, possibly influenced by pricing or membership base changes.
- Selling, General and Administrative Expenses (SG&A)
- Experienced a gradual reduction as a percentage of net sales, starting near -10.19% and improving to a lower range around -8.53% to -9.2%. This indicates enhanced operating efficiency or cost control efforts over the observed periods.
- Operating Income
- Generally increased over time, starting at roughly 2.77% of net sales and rising to above 4% in the most recent quarters. This improvement suggests stronger operational profitability, possibly due to a combination of consistent gross margins and controlled SG&A expenses.
- Interest Expense
- Remained relatively stable and low, fluctuating marginally between -0.1% and -0.06%, reflecting consistent financing costs relative to sales.
- Interest Income and Other, Net
- Varied throughout the periods, initially positive with some dips into negligible negative values, and showing a notable upward trajectory in recent periods, reaching up to 0.38% of net sales. This points to increasing non-operating income contributions enhancing overall profitability.
- Other Income (Expense)
- Demonstrated fluctuations but generally shifted from small negative or neutral values to more positive contributions, reaching about 0.31% in recent quarters, supporting income improvement outside of core operations.
- Income Before Income Taxes
- Showed an upward trend, increasing from about 2.73% of net sales to over 4% in the latest periods, reflecting the cumulative effect of improved operating income and non-operating income gains.
- Provision for Income Taxes
- Fluctuated between around -0.46% and -1.09% of net sales with no definitive improving or deteriorating trend, suggesting variable tax rates or tax expense in absolute terms relative to income fluctuations.
- Net Income Including Noncontrolling Interests
- Generally increased from approximately 2.26% to 3.07%, indicating improved net profitability over time. Periodic dips occurred but were followed by recoveries aligning with the operating income and tax provisions trends.
- Net Income Attributable to Noncontrolling Interests
- Remained minimal and stable, close to -0.03% to -0.05%, with some missing data in later periods, indicating that noncontrolling interests have limited impact on net income trends.
- Net Income Attributable to Costco
- Mirrored the trend of net income including noncontrolling interests, gradually increasing from roughly 2.24% to over 3%, reflecting enhanced profitability available to the company’s shareholders.