Costco Wholesale Corp Capital Reinvestment Ratio
Costco Wholesale Corp capital reinvestment ratio. Costco Wholesale Corp (COST) has a Capital Reinvestment Ratio of 0.41x as of May 2026, meaning it reinvests 0% of its operating cash flow ($3.45 Billion) in capital expenditures ($1.41 Billion). See COST free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Costco Wholesale Corp (1989–2025)
Capital reinvestment ratio of Costco Wholesale Corp from 1989 to 2025. This chart tracks Costco Wholesale Corp's Capital Reinvestment Ratio across 37 annual periods. See COST free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
Costco Wholesale Corp Capital Reinvestment Ratio by Year (1989–2025)
Costco Wholesale Corp capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see COST cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.41x | $13.34 Billion | $5.50 Billion | ▼ -0.7% |
| 2024 | 0.42x | $11.34 Billion | $4.71 Billion | ▲ +6.3% |
| 2023 | 0.39x | $11.07 Billion | $4.32 Billion | ▼ -25.8% |
| 2022 | 0.53x | $7.39 Billion | $3.89 Billion | ▲ +31.4% |
| 2021 | 0.40x | $8.96 Billion | $3.59 Billion | ▲ +26.3% |
| 2020 | 0.32x | $8.86 Billion | $2.81 Billion | ▼ -32.8% |
| 2019 | 0.47x | $6.36 Billion | $3.00 Billion | ▼ -8.3% |
| 2018 | 0.51x | $5.77 Billion | $2.97 Billion | ▲ +38.2% |
| 2017 | 0.37x | $6.73 Billion | $2.50 Billion | ▼ -53.8% |
| 2016 | 0.80x | $3.29 Billion | $2.65 Billion | ▲ +44.1% |
| 2015 | 0.56x | $4.29 Billion | $2.39 Billion | ▲ +11.6% |
| 2014 | 0.50x | $3.98 Billion | $1.99 Billion | ▼ -17.5% |
| 2013 | 0.61x | $3.44 Billion | $2.08 Billion | ▲ +25.2% |
| 2012 | 0.48x | $3.06 Billion | $1.48 Billion | ▲ +20.0% |
| 2011 | 0.40x | $3.20 Billion | $1.29 Billion | ▲ +6.3% |
| 2010 | 0.38x | $2.78 Billion | $1.05 Billion | ▼ -36.5% |
| 2009 | 0.60x | $2.09 Billion | $1.25 Billion | ▼ -18.7% |
| 2008 | 0.73x | $2.18 Billion | $1.60 Billion | ▲ +10.1% |
| 2007 | 0.67x | $2.08 Billion | $1.39 Billion | ▲ +0.6% |
| 2006 | 0.66x | $1.83 Billion | $1.21 Billion | ▲ +18.9% |
| 2005 | 0.56x | $1.78 Billion | $995.43 Million | ▲ +66.0% |
| 2004 | 0.34x | $2.10 Billion | $705.62 Million | ▼ -37.5% |
| 2003 | 0.54x | $1.51 Billion | $810.66 Million | ▼ -47.3% |
| 2002 | 1.02x | $1.02 Billion | $1.04 Billion | ▼ -27.2% |
| 2001 | 1.40x | $1.03 Billion | $1.45 Billion | ▲ +22.2% |
| 2000 | 1.15x | $1.07 Billion | $1.23 Billion | ▲ +37.1% |
| 1999 | 0.84x | $940.90 Million | $787.90 Million | ▲ +8.0% |
| 1998 | 0.78x | $737.60 Million | $571.90 Million | ▼ -17.3% |
| 1997 | 0.94x | $590.20 Million | $553.40 Million | ▼ -21.1% |
| 1996 | 1.19x | $426.40 Million | $506.80 Million | ▼ -37.6% |
| 1995 | 1.91x | $278.40 Million | $530.60 Million | ▼ -0.5% |
| 1994 | 1.92x | $247.80 Million | $474.60 Million | ▲ +6.3% |
| 1993 | 1.80x | $295.80 Million | $533.00 Million | ▼ -35.6% |
| 1992 | 2.80x | $155.10 Million | $434.30 Million | ▲ +158.7% |
| 1991 | 1.08x | $237.40 Million | $257.00 Million | ▼ -15.6% |
| 1990 | 1.28x | $126.00 Million | $161.70 Million | ▼ -1.5% |
| 1989 | 1.30x | $122.90 Million | $160.20 Million | — |