FinscoFinsco

Costco — Moat

$Open the interactive terminal to run `audit moat` with custom options.→
Capital FlowReturnsEarning QualityDebt DisciplineMoat
MOAT ASSESSMENT

TICKER: [US.COST - Costco]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]


Parameter  Value
----------------
WACC         10%
Tax Rate   21.0%


[+] ROIC Quality: Median 29.8%
    ↳ Median > 15% = high returns
[~] ROIC Stability: CoV 16.2%
    ↳ CoV < 10% = highly stable
[+] Gross Margin Stability: 2.7%
    ↳ CoV < 10% = stable pricing power
[+] Economic Moat (ROIC-WACC): 19.8%
    ↳ > 5% = creating economic value


Metric  Gross Margin      ROIC
------------------------------
Mean           12.8%     30.1%
Median         12.8%     29.8%
Max            13.3%     38.3%
Min            12.1%     23.5%
StdDev          0.3%      4.9%
CoV             2.7%     16.2%
Slope      -0.00%/yr  1.05%/yr
R²                0%       92%


[DATA]


Period       Revenue  Gross Profit    GM%   ROIC  ROIC-WACC
-----------------------------------------------------------
2010 ANNUAL   77.95B         9.95B  12.8%      -          -
2011 ANNUAL   88.92B        11.18B  12.6%  23.5%      13.5%
2012 ANNUAL   99.14B        12.31B  12.4%  25.0%      15.0%
2013 ANNUAL  105.16B        13.21B  12.6%  25.9%      15.9%
2014 ANNUAL  112.64B        14.18B  12.6%  25.7%      15.7%
2015 ANNUAL  116.20B        15.13B  13.0%  28.0%      18.0%
2016 ANNUAL  118.72B        15.82B  13.3%  25.4%      15.4%
2017 ANNUAL  129.03B        17.14B  13.3%  26.9%      16.9%
2018 ANNUAL  141.58B        18.42B  13.0%  29.8%      19.8%
2019 ANNUAL  152.70B        19.82B  13.0%  30.3%      20.3%
2020 ANNUAL  166.76B        21.82B  13.1%  30.9%      20.9%
2021 ANNUAL  195.93B        25.25B  12.9%  34.6%      24.6%
2022 ANNUAL  226.95B        27.57B  12.1%  36.1%      26.1%
2023 ANNUAL  242.29B        29.70B  12.3%  34.3%      24.3%
2024 ANNUAL  254.45B        32.09B  12.6%  37.2%      27.2%
2025 ANNUAL  275.24B        35.35B  12.8%  38.3%      28.3%
audit moat
MOAT ASSESSMENT TICKER: [US.COST - Costco] PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]
Parameter Value
----------------
WACC 10%
Tax Rate 21.0%
[+] ROIC Quality: Median 29.8% ↳ Median > 15% = high returns
[~] ROIC Stability: CoV 16.2% ↳ CoV < 10% = highly stable
[+] Gross Margin Stability: 2.7% ↳ CoV < 10% = stable pricing power
[+] Economic Moat (ROIC-WACC): 19.8% ↳ > 5% = creating economic value
Metric Gross Margin ROIC
------------------------------
Mean 12.8% 30.1%
Median 12.8% 29.8%
Max 13.3% 38.3%
Min 12.1% 23.5%
StdDev 0.3% 4.9%
CoV 2.7% 16.2%
Slope -0.00%/yr 1.05%/yr
R² 0% 92%
[DATA]
Period Revenue Gross Profit GM% ROIC ROIC-WACC
-----------------------------------------------------------
2010 ANNUAL 77.95B 9.95B 12.8% - -
2011 ANNUAL 88.92B 11.18B 12.6% 23.5% 13.5%
2012 ANNUAL 99.14B 12.31B 12.4% 25.0% 15.0%
2013 ANNUAL 105.16B 13.21B 12.6% 25.9% 15.9%
2014 ANNUAL 112.64B 14.18B 12.6% 25.7% 15.7%
2015 ANNUAL 116.20B 15.13B 13.0% 28.0% 18.0%
2016 ANNUAL 118.72B 15.82B 13.3% 25.4% 15.4%
2017 ANNUAL 129.03B 17.14B 13.3% 26.9% 16.9%
2018 ANNUAL 141.58B 18.42B 13.0% 29.8% 19.8%
2019 ANNUAL 152.70B 19.82B 13.0% 30.3% 20.3%
2020 ANNUAL 166.76B 21.82B 13.1% 30.9% 20.9%
2021 ANNUAL 195.93B 25.25B 12.9% 34.6% 24.6%
2022 ANNUAL 226.95B 27.57B 12.1% 36.1% 26.1%
2023 ANNUAL 242.29B 29.70B 12.3% 34.3% 24.3%
2024 ANNUAL 254.45B 32.09B 12.6% 37.2% 27.2%
2025 ANNUAL 275.24B 35.35B 12.8% 38.3% 28.3%