Costco Wholesale Corp Working Capital to Net Assets Ratio
Costco Wholesale Corp working capital to net assets ratio. Costco Wholesale Corp (COST) has a Working Capital to Net Assets ratio of 9.1% as of May 2026. Working capital of $3.05 Billion (current assets of $45.18 Billion minus current liabilities of $42.12 Billion) is measured against net assets of $33.51 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Costco Wholesale Corp (1985–2025)
Working capital to net assets ratio of Costco Wholesale Corp from 1985 to 2025. This chart shows how Costco Wholesale Corp's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of May 2026, the ratio stands at 9.1%, reflecting working capital of $3.05 Billion against net assets of $33.51 Billion USD. See Costco Wholesale Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Costco Wholesale Corp Working Capital to Net Assets Ratio by Year (1985–2025)
Costco Wholesale Corp working capital to net assets ratio by year from 1985 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Costco Wholesale Corp from 1985 to 2025, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Costco Wholesale Corp balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 4.4% | $1.27 Billion | $29.16 Billion | $38.38 Billion | $37.11 Billion | ▲ +9.5 pp |
| 2024 | -5.2% | $-1.22 Billion | $23.62 Billion | $34.25 Billion | $35.46 Billion | ▼ -14.3 pp |
| 2023 | 9.2% | $2.30 Billion | $25.06 Billion | $35.88 Billion | $33.58 Billion | ▲ +5.8 pp |
| 2022 | 3.4% | $698.00 Million | $20.65 Billion | $32.70 Billion | $32.00 Billion | ▲ +3.0 pp |
| 2021 | 0.4% | $64.00 Million | $18.08 Billion | $29.50 Billion | $29.44 Billion | ▼ -17.2 pp |
| 2020 | 17.5% | $3.28 Billion | $18.70 Billion | $28.12 Billion | $24.84 Billion | ▲ +15.9 pp |
| 2019 | 1.6% | $248.00 Million | $15.58 Billion | $23.48 Billion | $23.24 Billion | ▼ -1.2 pp |
| 2018 | 2.8% | $363.00 Million | $13.10 Billion | $20.29 Billion | $19.93 Billion | ▲ +4.4 pp |
| 2017 | -1.6% | $-178.00 Million | $11.08 Billion | $17.32 Billion | $17.50 Billion | ▲ +1.3 pp |
| 2016 | -2.9% | $-357.00 Million | $12.33 Billion | $15.22 Billion | $15.57 Billion | ▼ -5.1 pp |
| 2015 | 2.2% | $240.00 Million | $10.84 Billion | $16.78 Billion | $16.54 Billion | ▼ -23.2 pp |
| 2014 | 25.4% | $3.18 Billion | $12.52 Billion | $17.59 Billion | $14.41 Billion | ▲ +1.9 pp |
| 2013 | 23.5% | $2.58 Billion | $11.01 Billion | $15.84 Billion | $13.26 Billion | ▲ +13.3 pp |
| 2012 | 10.1% | $1.27 Billion | $12.52 Billion | $13.53 Billion | $12.26 Billion | ▼ -3.1 pp |
| 2011 | 13.2% | $1.66 Billion | $12.57 Billion | $13.71 Billion | $12.05 Billion | ▼ -1.9 pp |
| 2010 | 15.1% | $1.65 Billion | $10.93 Billion | $11.71 Billion | $10.06 Billion | ▲ +4.6 pp |
| 2009 | 10.5% | $1.06 Billion | $10.10 Billion | $10.34 Billion | $9.28 Billion | ▲ +4.1 pp |
| 2008 | 6.3% | $587.88 Million | $9.27 Billion | $9.46 Billion | $8.87 Billion | ▼ -2.2 pp |
| 2007 | 8.5% | $742.40 Million | $8.69 Billion | $9.32 Billion | $8.58 Billion | ▲ +4.1 pp |
| 2006 | 4.5% | $412.89 Million | $9.21 Billion | $8.23 Billion | $7.82 Billion | ▼ -12.0 pp |
| 2005 | 16.5% | $1.48 Billion | $8.94 Billion | $8.24 Billion | $6.76 Billion | ▲ +2.2 pp |
| 2004 | 14.3% | $1.10 Billion | $7.68 Billion | $7.27 Billion | $6.17 Billion | ▲ +3.8 pp |
| 2003 | 10.5% | $700.43 Million | $6.68 Billion | $5.71 Billion | $5.01 Billion | ▲ +7.4 pp |
| 2002 | 3.1% | $180.81 Million | $5.81 Billion | $4.63 Billion | $4.45 Billion | ▲ +7.7 pp |
| 2001 | -4.6% | $-229.73 Million | $5.00 Billion | $3.88 Billion | $4.11 Billion | ▼ -6.1 pp |
| 2000 | 1.5% | $65.76 Million | $4.35 Billion | $3.47 Billion | $3.40 Billion | ▼ -10.8 pp |
| 1999 | 12.3% | $449.70 Million | $3.65 Billion | $3.32 Billion | $2.87 Billion | ▼ -1.7 pp |
| 1998 | 14.0% | $431.30 Million | $3.07 Billion | $2.63 Billion | $2.20 Billion | ▲ +8.3 pp |
| 1997 | 5.7% | $146.00 Million | $2.56 Billion | $2.11 Billion | $1.96 Billion | ▲ +2.6 pp |
| 1996 | 3.1% | $56.70 Million | $1.85 Billion | $1.83 Billion | $1.77 Billion | ▲ +2.5 pp |
| 1995 | 0.6% | $9.40 Million | $1.58 Billion | $1.70 Billion | $1.69 Billion | ▲ +7.2 pp |
| 1994 | -6.6% | $-113.00 Million | $1.72 Billion | $1.53 Billion | $1.65 Billion | ▼ -13.8 pp |
| 1993 | 7.3% | $130.70 Million | $1.80 Billion | $1.37 Billion | $1.24 Billion | ▲ +11.1 pp |
| 1992 | -3.8% | $-30.40 Million | $802.00 Million | $535.90 Million | $566.30 Million | ▼ -26.0 pp |
| 1991 | 22.3% | $169.80 Million | $763.00 Million | $725.00 Million | $555.20 Million | ▲ +24.4 pp |
| 1990 | -2.1% | $-13.00 Million | $616.30 Million | $364.50 Million | $377.50 Million | ▼ -17.0 pp |
| 1989 | 14.9% | $79.80 Million | $535.10 Million | $432.10 Million | $352.30 Million | ▼ -31.3 pp |
| 1988 | 46.2% | $221.40 Million | $479.50 Million | $527.50 Million | $306.10 Million | ▼ -12.4 pp |
| 1987 | 58.6% | $222.30 Million | $379.30 Million | $469.90 Million | $247.60 Million | ▲ +34.0 pp |
| 1986 | 24.6% | $74.20 Million | $301.70 Million | $257.20 Million | $183.00 Million | ▼ -34.4 pp |
| 1985 | 59.0% | $95.10 Million | $161.30 Million | $233.80 Million | $138.70 Million | — |