Costco Wholesale Corp
- Industry
- Retail
- Exchange
- US
- Country
- USA
- IPO date
- Sep 22, 1993
- Employees
- 341,000
- Website
- www.costco.com
Composite valuation range · conservative $425–$550 / fair $560–$750 / optimistic $900–$1,050. At $951.58, Within the optimistic intrinsic-value range · much expectation priced in.
At publication $1,074 (May 21, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. It offers merchandise, including sundries, dry groceries, candies, coolers, freezers, deli, liquor, and tobacco; non-food merchandise comprising appliances, small electronics, health and beauty aids, hardware, lawn and garden, sporting goods, tires, toys and seasonal, automotive, stamps, tickets, apparel, furniture, domestics, housewares, special order kiosks, and jewelry; and fresh food, such as meat, produce, service deli, and bakery products. The company is also involved in warehouse ancillary operations, which include gasoline, pharmacies, optical, food courts, hearing-aid centers, and tire installation centers. In addition, it engages in e-commerce, business centers, travel, and other businesses. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
History
Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington. The company completed its IPO on September 22, 1993, and was formerly known as Costco Companies, Inc. before changing its name to Costco Wholesale Corporation in August 1999. It operates membership warehouses and is led by CEO Ron Vachris, a long-tenured internal promotion, while CFO Gary Millerchip joined in 2024.
Industry position
Costco operates in the Consumer Defensive sector within Discount Stores, running membership warehouses across 15 countries and regions and operating 924 warehouses as of the second quarter of fiscal 2026. In fiscal 2025 it had 81 million paid members and 145.2 million cardholders, with Executive members contributing about 73.6% of global net sales; renewal rates were 92.3% in the US and Canada and 89.8% globally, and total revenue reached $275.235 billion. Its competitors include Walmart, Target, Kroger, Amazon, Sam's Club, and BJ's, with Sam's Club its strongest direct rival.