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. Check Costco Wholesale Corp cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

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. Explore how well can Costco Wholesale Corp service its debt to assess how comfortably operating cash covers total debt obligations.

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

Year-by-year capital reinvestment analysis for Costco Wholesale Corp. For live market cap and broader valuation context, see COST market cap overview.

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