Costco Wholesale profit margin COST
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 3.0%
- Operating margin, 12 months
- 3.9%
- Net margin on a year earlier
- +0.1 pts
- Peer median
- 14.7%
Over the twelve months to Aug 30, 2026, Costco Wholesale kept 3.0% of its revenue as net profit, with an operating margin of 3.9% and a gross margin of 12.8%.
Five years earlier its net margin was 2.6%.
The median for 10 consumer staples stocks of a similar size is 14.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 3.0% | 3.9% | 12.8% |
| FY2025 | 2.9% | 3.8% | 12.8% |
| FY2024 | 2.9% | 3.6% | 12.6% |
| FY2023 | 2.6% | 3.3% | 12.3% |
| FY2022 | 2.6% | 3.4% | 12.1% |
| FY2021 | 2.6% | 3.4% | 12.9% |
| FY2020 | 2.4% | 3.3% | 13.1% |
| FY2019 | 2.4% | 3.1% | 13.0% |
| FY2018 | 2.2% | 3.2% | 13.0% |
| FY2017 | 2.1% | 3.2% | 13.3% |
| FY2016 | 2.0% | 3.1% | 13.3% |
| FY2015 | 2.0% | 3.1% | 13.0% |
| FY2014 | 1.8% | 2.9% | 12.6% |
| FY2013 | 1.9% | 2.9% | 12.6% |
| FY2012 | 1.7% | 2.8% | 12.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q4 FY26 | 3.0% | +0.1 pts | 3.9% | |
| Q3 FY26 | 3.0% | +0.1 pts | 3.8% | |
| Q2 FY26 | 3.0% | +0.1 pts | 3.8% | |
| Q1 FY26 | 3.0% | +0.0 pts | 3.8% | |
| Q4 FY25 | 2.9% | +0.0 pts | 3.8% | |
| Q3 FY25 | 2.9% | +0.1 pts | 3.8% | |
| Q2 FY25 | 2.9% | +0.2 pts | 3.7% | |
| Q1 FY25 | 2.9% | +0.3 pts | 3.7% | |
| Q4 FY24 | 2.9% | +0.3 pts | 3.6% | |
| Q3 FY24 | 2.8% | +0.3 pts | 3.6% | |
| Q2 FY24 | 2.7% | +0.1 pts | 3.4% | |
| Q1 FY24 | 2.7% | +0.1 pts | 3.4% |
Against its peers
Companies in Consumer Defensive nearest Costco Wholesale's size, closest first, today.
| Company | Profit margin |
|---|---|
| COSTCostco Wholesale | 3.0% |
| KOCoca-Cola | 28.6% |
| PGProcter & Gamble | 18.2% |
| PMPhilip Morris International | 24.8% |
| WMTWalmart | 3.0% |
| PEPPepsiCo | 11.1% |
| MOAltria | 39.0% |
| MNSTMonster Beverage | 23.1% |
| MDLZMondelez International | 8.9% |
| CLColgate-Palmolive | 9.7% |
| TGTTarget | 4.1% |
| Peer median | 14.7% |
Where Costco Wholesale ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Costco Wholesale
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.