Costco Wholesale Corp (COST) — 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). Check COST tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Costco Wholesale Corp Capital Reinvestment Ratio (1989–2025)
This chart tracks Costco Wholesale Corp's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Costco Wholesale Corp.
Annual Capital Reinvestment Ratio for Costco Wholesale Corp (1989–2025)
Year-by-year Capital Reinvestment Ratio for Costco Wholesale Corp from 1989 to 2025. See COST cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |