Costco Wholesale Corp (COST) — Cash Flow Reinvestment Rate

Latest as of May 2026: 0.47x

Costco Wholesale Corp (COST) has a Cash Flow Reinvestment Rate of 0.47x as of May 2026, reinvesting $1.61 Billion (capex $1.41 Billion plus investments $-196.00 Million) from operating cash flow of $3.45 Billion. See COST free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.47x
(Capex + Investments) / Operating CF

Total Reinvested

$1.61 Billion
Capex + Investments

Operating Cash Flow

$3.45 Billion
USD

Capital Expenditures

$1.41 Billion
USD

Costco Wholesale Corp Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Costco Wholesale Corp across 37 annual periods. For the full cash flow conversion analysis, see COST cash generation efficiency.

Annual Cash Flow Reinvestment Rate for Costco Wholesale Corp (1989–2025)

Year-by-year capital reinvestment analysis for Costco Wholesale Corp. See how financially flexible is Costco Wholesale Corp to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.81x $10.81 Billion $13.34 Billion $5.50 Billion ▲ +0.8%
2024 0.80x $9.12 Billion $11.34 Billion $4.71 Billion ▼ -4.2%
2023 0.84x $9.29 Billion $11.07 Billion $4.32 Billion ▲ +58.6%
2022 0.53x $3.92 Billion $7.39 Billion $3.89 Billion ▲ +28.1%
2021 0.41x $3.70 Billion $8.96 Billion $3.59 Billion ▲ +28.0%
2020 0.32x $2.86 Billion $8.86 Billion $2.81 Billion ▼ -34.5%
2019 0.49x $3.13 Billion $6.36 Billion $3.00 Billion ▼ -4.7%
2018 0.52x $2.99 Billion $5.77 Billion $2.97 Billion ▲ +39.1%
2017 0.37x $2.50 Billion $6.73 Billion $2.50 Billion ▼ -53.8%
2016 0.80x $2.65 Billion $3.29 Billion $2.65 Billion ▲ +44.1%
2015 0.56x $2.39 Billion $4.29 Billion $2.39 Billion ▲ +11.6%
2014 0.50x $1.99 Billion $3.98 Billion $1.99 Billion ▼ -17.5%
2013 0.61x $2.08 Billion $3.44 Billion $2.08 Billion ▲ +25.2%
2012 0.48x $1.48 Billion $3.06 Billion $1.48 Billion ▲ +20.0%
2011 0.40x $1.29 Billion $3.20 Billion $1.29 Billion ▲ +6.3%
2010 0.38x $1.05 Billion $2.78 Billion $1.05 Billion ▼ -36.5%
2009 0.60x $1.25 Billion $2.09 Billion $1.25 Billion ▼ -18.7%
2008 0.73x $1.60 Billion $2.18 Billion $1.60 Billion ▲ +10.1%
2007 0.67x $1.39 Billion $2.08 Billion $1.39 Billion ▲ +0.6%
2006 0.66x $1.21 Billion $1.83 Billion $1.21 Billion ▲ +18.9%
2005 0.56x $995.43 Million $1.78 Billion $995.43 Million ▲ +66.0%
2004 0.34x $705.62 Million $2.10 Billion $705.62 Million ▼ -37.5%
2003 0.54x $810.66 Million $1.51 Billion $810.66 Million ▼ -47.3%
2002 1.02x $1.04 Billion $1.02 Billion $1.04 Billion ▼ -27.2%
2001 1.40x $1.45 Billion $1.03 Billion $1.45 Billion ▲ +22.2%
2000 1.15x $1.23 Billion $1.07 Billion $1.23 Billion ▲ +37.1%
1999 0.84x $787.90 Million $940.90 Million $787.90 Million ▲ +8.0%
1998 0.78x $571.90 Million $737.60 Million $571.90 Million ▼ -17.3%
1997 0.94x $553.40 Million $590.20 Million $553.40 Million ▼ -21.1%
1996 1.19x $506.80 Million $426.40 Million $506.80 Million ▼ -37.6%
1995 1.91x $530.60 Million $278.40 Million $530.60 Million ▼ -0.5%
1994 1.92x $474.60 Million $247.80 Million $474.60 Million ▲ +6.3%
1993 1.80x $533.00 Million $295.80 Million $533.00 Million ▼ -35.6%
1992 2.80x $434.30 Million $155.10 Million $434.30 Million ▲ +158.7%
1991 1.08x $257.00 Million $237.40 Million $257.00 Million ▼ -15.6%
1990 1.28x $161.70 Million $126.00 Million $161.70 Million ▼ -1.5%
1989 1.30x $160.20 Million $122.90 Million $160.20 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow