USD 15,371 Mil as of today(2019-10-17). Costco Wholesale Gross Profit explanation, calculation, historical data and more" />Costco Wholesale Gross Profit | COST - GuruFocus.com
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Costco Wholesale Gross Profit

: USD 15,371 Mil (TTM As of Aug. 2019)
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Costco Wholesale's gross profit for the three months ended in Aug. 2019 was USD 6,188 Mil. Costco Wholesale's gross profit for the trailing twelve months (TTM) ended in Aug. 2019 was USD 15,371 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Costco Wholesale's gross profit for the three months ended in Aug. 2019 was USD 6,188 Mil. Costco Wholesale's Revenue for the three months ended in Aug. 2019 was USD 47,498 Mil. Therefore, Costco Wholesale's Gross Margin % for the quarter that ended in Aug. 2019 was 13.03%.

Costco Wholesale had a gross margin of 13.03% for the quarter that ended in Aug. 2019 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Costco Wholesale was 13.32%. The lowest was 12.42%. And the median was 12.88%.


Costco Wholesale Gross Profit Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Costco Wholesale Annual Data
Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,134.00 15,818.00 17,143.00 18,424.00 19,817.00

Costco Wholesale Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 Apr19 May19 Aug19
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,446.00 4,676.00 0.00 4,507.00 6,188.00

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Costco Wholesale Gross Profit Distribution

* The bar in red indicates where Costco Wholesale's Gross Profit falls into.



Costco Wholesale Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Costco Wholesale's Gross Profit for the fiscal year that ended in Aug. 2019 is calculated as

Gross Profit (A: Aug. 2019 )=Revenue - Cost of Goods Sold
=152703 - 132886
=19,817

Costco Wholesale's Gross Profit for the quarter that ended in Aug. 2019 is calculated as

Gross Profit (Q: Aug. 2019 )=Revenue - Cost of Goods Sold
=47498 - 41310
=6,188

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2019 was 4676 (Feb. 2019 ) + 0 (Apr. 2019 ) + 4507 (May. 2019 ) + 6188 (Aug. 2019 ) = USD 15,371 Mil.

Gross Profit is the numerator in the calculation of Gross Margin:

Costco Wholesale's Gross Margin % for the quarter that ended in Aug. 2019 is calculated as

Gross Margin % (Q: Aug. 2019 )=Gross Profit (Q: Aug. 2019 ) / Revenue (Q: Aug. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=6,188 / 47498
=13.03 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Costco Wholesale  (NAS:COST) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Costco Wholesale had a gross margin of 13.03% for the quarter that ended in Aug. 2019 => No sustainable competitive advantage


Costco Wholesale Gross Profit Related Terms


Costco Wholesale Gross Profit Headlines

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