COST Latest Report

Financial Performance

Costco's total operating revenue as of February 16, 2025 is US$63.723 billion. Although lacking in prior data for comparison, combined with other financial indicators, it may indicate a potential growth trend in operating revenue. The current gross profit is US$7.979 billion, and net profit is US$1.788 billion, with a net margin of 2.85%. The net cash provided by operating activities is US$6.008 billion, and the asset-liability ratio is 65.07%, with a current ratio of 99.72%. These data reflect the company's good performance in cost control, profitability, and cash flow, despite its high level of debt and relatively weak short-term solvency.

Key Financial Data

1. Gross profit of US$7.979 billion, with a gross margin that shows the company's strong profitability.

2. Net profit of US$1.788 billion, with a net margin of 2.85%, indicating the company's ability to convert revenue into profits.

3. Net cash provided by operating activities of US$6.008 billion, indicating good cash inflow related to revenue growth.

4. Asset-liability ratio of 65.07%, indicating a high level of debt but within control.

5. Current ratio of 99.72%, with relatively weak short-term solvency, requiring attention to current asset management.

Peer Comparison

1. Industry-wide analysis: The retail industry as a whole is affected by the economic cycle, with revenue generally rising as the economy recovers and consumer confidence increases. Current retail market trends show that consumer spending is increasing in major categories, especially in practical goods and high-value goods.

2. Peer evaluation analysis: Compared with Walmart and other peers, Costco's revenue has maintained stable growth, and its gross margin and net margin are higher than the industry average, indicating strong market competitiveness. Walmart's revenue is US$180.2 billion, up 4% year-on-year, showing positive performance in everyday goods sales.

Summary

Overall, Costco's financial data show good performance in revenue, gross profit, and cash flow, despite facing certain debt risks and short-term solvency issues. Compared with peers, its revenue growth is stable, and its gross margin shows good profitability.

Opportunities

1. Effective cost control may further increase gross margin and drive net profit growth.

2. With the backdrop of economic recovery, increased consumer spending is expected to drive continuous revenue growth.

3. Expansion and new store strategies may bring revenue growth and enhance market competitiveness.

Risks

1. The high asset-liability ratio may affect the company's financing ability and future expansion plans.

2. Relatively weak short-term solvency may face liquidity risks during economic fluctuations.

3. Intense retail competition and changes in consumer preferences may negatively affect revenue.