Costco (COST) is trading down at $994.61 (-0.09%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Consumer Staples sector.
Current price targets from 15 firms average $1.09k, median $1.08k, ranging from $955 to $1.27k — the average is 10% above the current $995. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2017Sep 2017 | FY2018Sep 2018 | FY2019Sep 2019 | FY2020Aug 2020 | FY2021Aug 2021 | FY2022Aug 2022 | FY2023Sep 2023 | FY2024Sep 2024 | FY2025Aug 2025 | FY2026Aug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $129.0B | $141.6B | $152.7B | $166.8B | $195.9B | $227.0B | $242.3B | $254.5B | $275.2B | $303.2B |
| Growth (year over year) | +8.7% | +9.7% | +7.9% | +9.2% | +17.5% | +15.8% | +6.8% | +5.0% | +8.2% | +10.1% |
| Gross profit | $17.1B | $18.4B | $16.5B | $21.8B | $25.2B | $27.6B | $29.7B | $32.1B | $35.3B | $38.9B |
| Gross margin | 13.3% | 13.0% | 10.8% | 13.1% | 12.9% | 12.1% | 12.3% | 12.6% | 12.8% | 12.8% |
| Operating income | $4.11B | $4.48B | $4.74B | $5.43B | $6.71B | $7.79B | $8.11B | $9.29B | $10.4B | $11.7B |
| Operating margin | 3.2% | 3.2% | 3.1% | 3.3% | 3.4% | 3.4% | 3.3% | 3.6% | 3.8% | 3.9% |
| Net income | $2.68B | $3.13B | $3.66B | $4.00B | $5.01B | $5.84B | $6.29B | $7.37B | $8.10B | $9.23B |
| Net margin | 2.1% | 2.2% | 2.4% | 2.4% | 2.6% | 2.6% | 2.6% | 2.9% | 2.9% | 3.0% |
| EPS (diluted) | $6.08 | $7.09 | $8.26 | $9.02 | $11.27 | $13.14 | $14.16 | $16.56 | $18.21 | $20.76 |
| Balance sheet | ||||||||||
| Cash and equivalents | $4.55B | $6.05B | $8.38B | $12.3B | $11.3B | $10.2B | $13.7B | $9.91B | $14.2B | $20.2B |
| Total assets | $36.3B | $40.8B | $45.4B | $55.6B | $59.3B | $64.2B | $69.0B | $69.8B | $77.1B | $89.0B |
| Total liabilities | $25.3B | $27.7B | $29.8B | $36.9B | $41.2B | $43.5B | $43.9B | $46.2B | $47.9B | $53.2B |
| Long-term debt | $6.57B | $6.49B | $5.12B | $7.51B | $6.69B | $6.48B | $5.38B | $5.79B | $5.71B | $3.91B |
| Shareholders' equity | $10.8B | $12.8B | $15.2B | $18.3B | $17.6B | $20.6B | $25.1B | $23.6B | $29.2B | $35.8B |
| Cash flow | ||||||||||
| Operating cash flow | $6.73B | $5.77B | $6.36B | $8.86B | $8.96B | $7.39B | $11.1B | $11.3B | $13.3B | $15.8B |
| Capital expenditure | $2.50B | $2.97B | $3.00B | $2.81B | $3.59B | $3.89B | $4.32B | $4.71B | $5.50B | $6.43B |
| Free cash flow | $4.22B | $2.81B | $3.36B | $6.05B | $5.37B | $3.50B | $6.75B | $6.63B | $7.84B | $9.38B |
| Dividends paid | $3.90B | $689.0M | $1.04B | $1.48B | $5.75B | $1.50B | $1.25B | $9.04B | $2.18B | $2.46B |
| Share buybacks | $469.0M | $328.0M | $247.0M | $196.0M | $496.0M | $439.0M | $676.0M | $700.0M | $903.0M | $848.0M |
| Q1 FY25Nov 2024 | Q2 FY25Feb 2025 | Q3 FY25May 2025 | Q4 FY25†Aug 2025 | Q1 FY26Nov 2025 | Q2 FY26Feb 2026 | Q3 FY26May 2026 | Q4 FY26†Aug 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $62.2B | $63.7B | $63.2B | $86.2B | $67.3B | $69.6B | $70.5B | $95.7B |
| Growth (year over year) | +7.5% | +9.0% | +8.0% | +8.1% | +8.3% | +9.2% | +11.6% | +11.1% |
| Gross profit | $8.04B | $7.98B | $8.21B | $11.1B | $8.80B | $8.88B | $9.01B | $12.2B |
| Gross margin | 12.9% | 12.5% | 13.0% | 12.9% | 13.1% | 12.8% | 12.8% | 12.7% |
| Operating income | $2.20B | $2.32B | $2.53B | $3.34B | $2.46B | $2.61B | $2.81B | $3.80B |
| Operating margin | 3.5% | 3.6% | 4.0% | 3.9% | 3.7% | 3.7% | 4.0% | 4.0% |
| Net income | $1.80B | $1.79B | $1.90B | $2.61B | $2.00B | $2.04B | $2.19B | $3.00B |
| Net margin | 2.9% | 2.8% | 3.0% | 3.0% | 3.0% | 2.9% | 3.1% | 3.1% |
| EPS (diluted) | $4.04 | $4.02 | $4.28 | $5.87 | $4.50 | $4.58 | $4.93 | $6.75 |
| Balance sheet | ||||||||
| Cash and equivalents | $10.9B | $12.4B | $13.8B | $14.2B | $16.2B | $17.4B | $18.9B | $20.2B |
| Total assets | $73.4B | $73.2B | $75.5B | $77.1B | $82.8B | $83.6B | $86.4B | $89.0B |
| Total liabilities | $48.9B | $47.6B | $48.4B | $47.9B | $52.5B | $51.6B | $52.9B | $53.2B |
| Long-term debt | $5.75B | $5.75B | $5.72B | $5.71B | $5.67B | $5.69B | $5.67B | $3.91B |
| Shareholders' equity | $24.5B | $25.6B | $27.1B | $29.2B | $30.3B | $32.1B | $33.5B | $35.8B |
| Cash flow | ||||||||
| Operating cash flow | $3.26B | $2.75B | $3.46B | $3.87B | $4.69B | $3.00B | $3.45B | $4.68B |
| Capital expenditure | $1.26B | $1.14B | $1.13B | $1.97B | $1.53B | $1.29B | $1.41B | $2.21B |
| Free cash flow | $2.00B | $1.61B | $2.33B | $1.90B | $3.16B | $1.71B | $2.04B | $2.48B |
| Dividends paid | $515.0M | $0 | $515.0M | $1.15B | $577.0M | $577.0M | $0 | $1.30B |
| Share buybacks | $207.0M | $205.0M | $211.0M | $280.0M | $210.0M | $209.0M | $184.0M | $245.0M |
From Costco's 10-K and 10-Q filings with the SEC; its fiscal year ends in August. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Costco's latest reported figures next to the median of the other 33 S&P 500 Consumer Staples companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | Costco | Consumer Staples (33 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | +10.1% | +2.1% | +7.0% |
| Net margin, latest fiscal year | 3.0% | 6.6% | 13.0% |
| Dividend per share, latest fiscal year | $5.54 | $2.04 | $2.40 |
| Share price change, 1 year | +6.2% | +5.7% | +7.5% |
Costco: fiscal year ended August 2026, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Costco included, are the last regular-session prices of October 20, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 31/496, net margin 31/496, dividend per share 25/349, 1-year price change 32/488; the reasons below can overlap. 14 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 25 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.
Costco Wholesale Corporation is an American multinational corporation that operates a chain of membership-only big-box warehouse club retail stores. As of 2025, Costco is the third-largest retailer in the world, and as of August 2024, the world's largest retailer of beef, poultry, organic produce, and wine, with just under a third of American consumers regularly shopping at Costco warehouses. As of 2026, Costco is ranked 12th on the Fortune 500 rankings of the largest United States corporations by total revenue.