TTM
3.0%
YoY change
+0.24pp
Trough year (1992)
-3.8%
Peak year (2020)
3.6%
Latest annual
2.8%
FCF Margin history chart for Costco (COST) from 1989 to 2025
Latest: 2.8%
FCF Margin change chart for Costco (COST) from 1989 to 2025
Latest: +0.24pp
FCF Margin history table for Costco (COST) from 1989 to 2025
| 2025 | 2.8% | +0.24pp | ||
| 2024 | 2.6% | -0.18pp | ||
| 2023 | 2.8% | +1.24pp | ||
| 2022 | 1.5% | -1.20pp | ||
| 2021 | 2.7% | -0.89pp | ||
| 2020 | 3.6% | +1.43pp | ||
| 2019 | 2.2% | +0.22pp | ||
| 2018 | 2.0% | -1.29pp | ||
| 2017 | 3.3% | +2.73pp | ||
| 2016 | 0.5% | -1.09pp | ||
| 2015 | 1.6% | -0.14pp | ||
| 2014 | 1.8% | +0.48pp | ||
| 2013 | 1.3% | -0.30pp | ||
| 2012 | 1.6% | -0.56pp | ||
| 2011 | 2.1% | -0.07pp | ||
| 2010 | 2.2% | +1.03pp | ||
| 2009 | 1.2% | +0.38pp | ||
| 2008 | 0.8% | -0.28pp | ||
| 2007 | 1.1% | +0.05pp | ||
| 2006 | 1.0% | -0.47pp | ||
| 2005 | 1.5% | -1.41pp | ||
| 2004 | 2.9% | +1.26pp | ||
| 2003 | 1.6% | +1.69pp | ||
| 2002 | -0.1% | +1.14pp | ||
| 2001 | -1.2% | -0.70pp | ||
| 2000 | -0.5% | -1.05pp | ||
| 1999 | 0.6% | -0.13pp | ||
| 1998 | 0.7% | +0.51pp | ||
| 1997 | 0.2% | +0.58pp | ||
| 1996 | -0.4% | +1.00pp | ||
| 1995 | -1.4% | -0.03pp | ||
| 1994 | -1.4% | +0.19pp | ||
| 1993 | -1.6% | +2.25pp | ||
| 1992 | -3.8% | -3.52pp | ||
| 1991 | -0.3% | +0.38pp | ||
| 1990 | -0.7% | +0.09pp | ||
| 1989 | -0.8% | — |
- 20252.8%+0.24pp
- 20242.6%-0.18pp
- 20232.8%+1.24pp
- 20221.5%-1.20pp
- 20212.7%-0.89pp
- 20203.6%+1.43pp
- 20192.2%+0.22pp
- 20182.0%-1.29pp
- 20173.3%+2.73pp
- 20160.5%-1.09pp
- 20151.6%-0.14pp
- 20141.8%+0.48pp
- 20131.3%-0.30pp
- 20121.6%-0.56pp
- 20112.1%-0.07pp
- 20102.2%+1.03pp
- 20091.2%+0.38pp
- 20080.8%-0.28pp
- 20071.1%+0.05pp
- 20061.0%-0.47pp
- 20051.5%-1.41pp
- 20042.9%+1.26pp
- 20031.6%+1.69pp
- 2002-0.1%+1.14pp
- 2001-1.2%-0.70pp
- 2000-0.5%-1.05pp
- 19990.6%-0.13pp
- 19980.7%+0.51pp
- 19970.2%+0.58pp
- 1996-0.4%+1.00pp
- 1995-1.4%-0.03pp
- 1994-1.4%+0.19pp
- 1993-1.6%+2.25pp
- 1992-3.8%-3.52pp
- 1991-0.3%+0.38pp
- 1990-0.7%+0.09pp
- 1989-0.8%—
FCF Margin values are taken from Costco's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Costco (COST)
According to Costco's latest reported financial statements, the company's latest reported free cash flow margin is 3.0%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Costco (COST) most recent annual free cash flow margin stands at 2.85% (2025) – expanded 0.2 percentage points year-over-year.
The highest annual free cash flow margin of 3.63% was reported in 2020. The lowest in the available history was -3.81% in 1992.
Costco FCF Margin by Year
Costco FCF Margin 2025: 2.8%
Costco free cash flow margin in 2025 was 2.85%, expanded 0.2 percentage points from 2024.
Costco FCF Margin 2024: 2.6%
2024's free cash flow margin for Costco came in at 2.61%, contracted 0.2 percentage points from 2023.
Costco FCF Margin 2023: 2.8%
Costco posted free cash flow margin of 2.78% in 2023, expanded 1.2 percentage points from 2022.
Costco FCF Margin 2022: 1.5%
In 2022, Costco reported free cash flow margin of 1.54%, contracted 1.2 percentage points from 2021.
Costco FCF Margin 2021: 2.7%
Costco free cash flow margin in 2021 was 2.74%.
See more financial history for Costco (COST).
Sector peers by FCF Margin
Consumer Defensive peers of Costco (COST), ranked by their latest free cash flow margin
Frequently asked questions
Costco (COST) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation