Earnings Summary

Costco Wholesale’s revenue jumped 5.75% since last year same period to $58442Mn in the Q1 2024. On a quarterly growth basis, Costco Wholesale has generated 1.11% jump in its revenue since last 3-months.

Costco Wholesale’s net profit jumped 18.89% since last year same period to $1743Mn in the Q1 2024. On a quarterly growth basis, Costco Wholesale has generated 9.69% jump in its net profits since last 3-months.

Costco Wholesale’s net profit margin jumped 12.43% since last year same period to 2.98% in the Q1 2024. On a quarterly growth basis, Costco Wholesale has generated 8.48% jump in its net profit margins since last 3-months.

Costco Wholesale’s price-to-earnings ratio after this Q1 2024 earnings stands at 47.39.

Costco Wholesale’s earning per share (EPS) estimates for the current quarter stand at 3.62 - a 5.85% jump from last quarter’s estimates.

Costco Wholesale’s earning per share (EPS) estimates for the current year stand at 3.62.

Costco Wholesale’s earning per share (EPS) jumped 33.79% since last year same period to 3.92 in the Q1 2024. This indicates that the Costco Wholesale has generated 33.79% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Costco Wholesale’s return on assets (ROA) stands at 0.08.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Costco Wholesale’s return on equity (ROE) stands at 0.31.

Costco Wholesale declared 1.02 dividend per share during the earnings announcement for Q1 2024.