Analysis of Solvency Ratios
Quarterly Data
Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
Costco Wholesale Corp., solvency ratios (quarterly data)
Based on: 10-Q (reporting date: 2025-02-16), 10-Q (reporting date: 2024-11-24), 10-K (reporting date: 2024-09-01), 10-Q (reporting date: 2024-05-12), 10-Q (reporting date: 2024-02-18), 10-Q (reporting date: 2023-11-26), 10-K (reporting date: 2023-09-03), 10-Q (reporting date: 2023-05-07), 10-Q (reporting date: 2023-02-12), 10-Q (reporting date: 2022-11-20), 10-K (reporting date: 2022-08-28), 10-Q (reporting date: 2022-05-08), 10-Q (reporting date: 2022-02-13), 10-Q (reporting date: 2021-11-21), 10-K (reporting date: 2021-08-29), 10-Q (reporting date: 2021-05-09), 10-Q (reporting date: 2021-02-14), 10-Q (reporting date: 2020-11-22), 10-K (reporting date: 2020-08-30), 10-Q (reporting date: 2020-05-10), 10-Q (reporting date: 2020-02-16), 10-Q (reporting date: 2019-11-24), 10-K (reporting date: 2019-09-01), 10-Q (reporting date: 2019-05-12), 10-Q (reporting date: 2019-02-17), 10-Q (reporting date: 2018-11-25).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Costco Wholesale Corp. debt to equity ratio improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025. |
| Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | Costco Wholesale Corp. debt to equity ratio (including operating lease liability) improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Costco Wholesale Corp. debt to capital ratio improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025. |
| Debt to capital (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | Costco Wholesale Corp. debt to capital ratio (including operating lease liability) improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Costco Wholesale Corp. debt to assets ratio improved from Q4 2024 to Q1 2025 but then slightly deteriorated from Q1 2025 to Q2 2025. |
| Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | Costco Wholesale Corp. debt to assets ratio (including operating lease liability) improved from Q4 2024 to Q1 2025 but then slightly deteriorated from Q1 2025 to Q2 2025. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Costco Wholesale Corp. financial leverage ratio increased from Q4 2024 to Q1 2025 but then decreased significantly from Q1 2025 to Q2 2025. |
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Costco Wholesale Corp. interest coverage ratio improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025. |
Debt to Equity
Costco Wholesale Corp., debt to equity calculation (quarterly data)
| Feb 16, 2025 | Nov 24, 2024 | Sep 1, 2024 | May 12, 2024 | Feb 18, 2024 | Nov 26, 2023 | Sep 3, 2023 | May 7, 2023 | Feb 12, 2023 | Nov 20, 2022 | Aug 28, 2022 | May 8, 2022 | Feb 13, 2022 | Nov 21, 2021 | Aug 29, 2021 | May 9, 2021 | Feb 14, 2021 | Nov 22, 2020 | Aug 30, 2020 | May 10, 2020 | Feb 16, 2020 | Nov 24, 2019 | Sep 1, 2019 | May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Current portion of long-term debt | 98) | 97) | 103) | 1,077) | 1,080) | 1,080) | 1,081) | —) | 76) | 71) | 73) | 77) | —) | 799) | 799) | 92) | 95) | 96) | 95) | 1,497) | 500) | 1,700) | 1,699) | 1,699) | 1,698) | —) | ||||||||
| Long-term debt, excluding current portion | 5,755) | 5,745) | 5,794) | 5,834) | 5,865) | 5,866) | 5,377) | 6,497) | 6,506) | 6,472) | 6,484) | 6,507) | 6,658) | 6,667) | 6,692) | 7,495) | 7,522) | 7,529) | 7,514) | 7,598) | 5,099) | 5,107) | 5,124) | 4,799) | 4,794) | 6,480) | ||||||||
| Total debt | 5,853) | 5,842) | 5,897) | 6,911) | 6,945) | 6,946) | 6,458) | 6,497) | 6,582) | 6,543) | 6,557) | 6,584) | 6,658) | 7,466) | 7,491) | 7,587) | 7,617) | 7,625) | 7,609) | 9,095) | 5,599) | 6,807) | 6,823) | 6,498) | 6,492) | 6,480) | ||||||||
| Total Costco stockholders’ equity | 25,577) | 24,451) | 23,622) | 21,771) | 20,760) | 26,147) | 25,058) | 23,568) | 22,794) | 21,471) | 20,642) | 19,968) | 19,418) | 18,463) | 17,564) | 16,482) | 15,652) | 14,860) | 18,284) | 16,802) | 16,614) | 15,861) | 15,243) | 14,486) | 13,858) | 13,167) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Debt to equity1 | 0.23 | 0.24 | 0.25 | 0.32 | 0.33 | 0.27 | 0.26 | 0.28 | 0.29 | 0.30 | 0.32 | 0.33 | 0.34 | 0.40 | 0.43 | 0.46 | 0.49 | 0.51 | 0.42 | 0.54 | 0.34 | 0.43 | 0.45 | 0.45 | 0.47 | 0.49 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Debt to Equity, Competitors2 | ||||||||||||||||||||||||||||||||||
| Target Corp. | 1.06 | 1.16 | 1.19 | 1.28 | 1.34 | 1.40 | 1.44 | 1.49 | 1.43 | 1.34 | 1.07 | 0.92 | 0.86 | 0.85 | 0.88 | 0.95 | 1.14 | 1.28 | 0.97 | 1.01 | 0.97 | 1.12 | — | — | — | — | ||||||||
| Walmart Inc. | 0.56 | 0.62 | 0.56 | 0.70 | 0.63 | 0.68 | 0.58 | 0.71 | 0.65 | 0.68 | 0.51 | 0.52 | 0.58 | 0.62 | 0.60 | 0.62 | 0.69 | 0.85 | 0.73 | 0.82 | 0.81 | 0.85 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2025-02-16), 10-Q (reporting date: 2024-11-24), 10-K (reporting date: 2024-09-01), 10-Q (reporting date: 2024-05-12), 10-Q (reporting date: 2024-02-18), 10-Q (reporting date: 2023-11-26), 10-K (reporting date: 2023-09-03), 10-Q (reporting date: 2023-05-07), 10-Q (reporting date: 2023-02-12), 10-Q (reporting date: 2022-11-20), 10-K (reporting date: 2022-08-28), 10-Q (reporting date: 2022-05-08), 10-Q (reporting date: 2022-02-13), 10-Q (reporting date: 2021-11-21), 10-K (reporting date: 2021-08-29), 10-Q (reporting date: 2021-05-09), 10-Q (reporting date: 2021-02-14), 10-Q (reporting date: 2020-11-22), 10-K (reporting date: 2020-08-30), 10-Q (reporting date: 2020-05-10), 10-Q (reporting date: 2020-02-16), 10-Q (reporting date: 2019-11-24), 10-K (reporting date: 2019-09-01), 10-Q (reporting date: 2019-05-12), 10-Q (reporting date: 2019-02-17), 10-Q (reporting date: 2018-11-25).
1 Q2 2025 Calculation
Debt to equity = Total debt ÷ Total Costco stockholders’ equity
= 5,853 ÷ 25,577 = 0.23
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Costco Wholesale Corp. debt to equity ratio improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025. |
Debt to Equity (including Operating Lease Liability)
Costco Wholesale Corp., debt to equity (including operating lease liability) calculation (quarterly data)
| Feb 16, 2025 | Nov 24, 2024 | Sep 1, 2024 | May 12, 2024 | Feb 18, 2024 | Nov 26, 2023 | Sep 3, 2023 | May 7, 2023 | Feb 12, 2023 | Nov 20, 2022 | Aug 28, 2022 | May 8, 2022 | Feb 13, 2022 | Nov 21, 2021 | Aug 29, 2021 | May 9, 2021 | Feb 14, 2021 | Nov 22, 2020 | Aug 30, 2020 | May 10, 2020 | Feb 16, 2020 | Nov 24, 2019 | Sep 1, 2019 | May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Current portion of long-term debt | 98) | 97) | 103) | 1,077) | 1,080) | 1,080) | 1,081) | —) | 76) | 71) | 73) | 77) | —) | 799) | 799) | 92) | 95) | 96) | 95) | 1,497) | 500) | 1,700) | 1,699) | 1,699) | 1,698) | —) | ||||||||
| Long-term debt, excluding current portion | 5,755) | 5,745) | 5,794) | 5,834) | 5,865) | 5,866) | 5,377) | 6,497) | 6,506) | 6,472) | 6,484) | 6,507) | 6,658) | 6,667) | 6,692) | 7,495) | 7,522) | 7,529) | 7,514) | 7,598) | 5,099) | 5,107) | 5,124) | 4,799) | 4,794) | 6,480) | ||||||||
| Total debt | 5,853) | 5,842) | 5,897) | 6,911) | 6,945) | 6,946) | 6,458) | 6,497) | 6,582) | 6,543) | 6,557) | 6,584) | 6,658) | 7,466) | 7,491) | 7,587) | 7,617) | 7,625) | 7,609) | 9,095) | 5,599) | 6,807) | 6,823) | 6,498) | 6,492) | 6,480) | ||||||||
| Long-term operating lease liabilities | 2,284) | 2,288) | 2,375) | 2,386) | 2,488) | 2,401) | 2,426) | 2,507) | 2,557) | 2,503) | 2,482) | 2,452) | 2,588) | 2,649) | 2,642) | 2,641) | 2,651) | 2,574) | 2,558) | 2,535) | 2,446) | 2,442) | —) | —) | —) | —) | ||||||||
| Total debt (including operating lease liability) | 8,137) | 8,130) | 8,272) | 9,297) | 9,433) | 9,347) | 8,884) | 9,004) | 9,139) | 9,046) | 9,039) | 9,036) | 9,246) | 10,115) | 10,133) | 10,228) | 10,268) | 10,199) | 10,167) | 11,630) | 8,045) | 9,249) | 6,823) | 6,498) | 6,492) | 6,480) | ||||||||
| Total Costco stockholders’ equity | 25,577) | 24,451) | 23,622) | 21,771) | 20,760) | 26,147) | 25,058) | 23,568) | 22,794) | 21,471) | 20,642) | 19,968) | 19,418) | 18,463) | 17,564) | 16,482) | 15,652) | 14,860) | 18,284) | 16,802) | 16,614) | 15,861) | 15,243) | 14,486) | 13,858) | 13,167) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Debt to equity (including operating lease liability)1 | 0.32 | 0.33 | 0.35 | 0.43 | 0.45 | 0.36 | 0.35 | 0.38 | 0.40 | 0.42 | 0.44 | 0.45 | 0.48 | 0.55 | 0.58 | 0.62 | 0.66 | 0.69 | 0.56 | 0.69 | 0.48 | 0.58 | 0.45 | 0.45 | 0.47 | 0.49 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Debt to Equity (including Operating Lease Liability), Competitors2 | ||||||||||||||||||||||||||||||||||
| Target Corp. | 1.30 | 1.41 | 1.44 | 1.52 | 1.57 | 1.62 | 1.67 | 1.73 | 1.67 | 1.58 | 1.26 | 1.11 | 1.03 | 1.00 | 1.03 | 1.11 | 1.31 | 1.48 | 1.16 | 1.20 | 1.15 | 1.30 | — | — | — | — | ||||||||
| Walmart Inc. | 0.73 | 0.79 | 0.73 | 0.88 | 0.81 | 0.88 | 0.77 | 0.90 | 0.84 | 0.87 | 0.69 | 0.70 | 0.76 | 0.80 | 0.78 | 0.84 | 0.92 | 1.11 | 0.97 | 1.06 | 1.06 | 1.11 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2025-02-16), 10-Q (reporting date: 2024-11-24), 10-K (reporting date: 2024-09-01), 10-Q (reporting date: 2024-05-12), 10-Q (reporting date: 2024-02-18), 10-Q (reporting date: 2023-11-26), 10-K (reporting date: 2023-09-03), 10-Q (reporting date: 2023-05-07), 10-Q (reporting date: 2023-02-12), 10-Q (reporting date: 2022-11-20), 10-K (reporting date: 2022-08-28), 10-Q (reporting date: 2022-05-08), 10-Q (reporting date: 2022-02-13), 10-Q (reporting date: 2021-11-21), 10-K (reporting date: 2021-08-29), 10-Q (reporting date: 2021-05-09), 10-Q (reporting date: 2021-02-14), 10-Q (reporting date: 2020-11-22), 10-K (reporting date: 2020-08-30), 10-Q (reporting date: 2020-05-10), 10-Q (reporting date: 2020-02-16), 10-Q (reporting date: 2019-11-24), 10-K (reporting date: 2019-09-01), 10-Q (reporting date: 2019-05-12), 10-Q (reporting date: 2019-02-17), 10-Q (reporting date: 2018-11-25).
1 Q2 2025 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Total Costco stockholders’ equity
= 8,137 ÷ 25,577 = 0.32
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | Costco Wholesale Corp. debt to equity ratio (including operating lease liability) improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025. |
Debt to Capital
Costco Wholesale Corp., debt to capital calculation (quarterly data)
| Feb 16, 2025 | Nov 24, 2024 | Sep 1, 2024 | May 12, 2024 | Feb 18, 2024 | Nov 26, 2023 | Sep 3, 2023 | May 7, 2023 | Feb 12, 2023 | Nov 20, 2022 | Aug 28, 2022 | May 8, 2022 | Feb 13, 2022 | Nov 21, 2021 | Aug 29, 2021 | May 9, 2021 | Feb 14, 2021 | Nov 22, 2020 | Aug 30, 2020 | May 10, 2020 | Feb 16, 2020 | Nov 24, 2019 | Sep 1, 2019 | May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Current portion of long-term debt | 98) | 97) | 103) | 1,077) | 1,080) | 1,080) | 1,081) | —) | 76) | 71) | 73) | 77) | —) | 799) | 799) | 92) | 95) | 96) | 95) | 1,497) | 500) | 1,700) | 1,699) | 1,699) | 1,698) | —) | ||||||||
| Long-term debt, excluding current portion | 5,755) | 5,745) | 5,794) | 5,834) | 5,865) | 5,866) | 5,377) | 6,497) | 6,506) | 6,472) | 6,484) | 6,507) | 6,658) | 6,667) | 6,692) | 7,495) | 7,522) | 7,529) | 7,514) | 7,598) | 5,099) | 5,107) | 5,124) | 4,799) | 4,794) | 6,480) | ||||||||
| Total debt | 5,853) | 5,842) | 5,897) | 6,911) | 6,945) | 6,946) | 6,458) | 6,497) | 6,582) | 6,543) | 6,557) | 6,584) | 6,658) | 7,466) | 7,491) | 7,587) | 7,617) | 7,625) | 7,609) | 9,095) | 5,599) | 6,807) | 6,823) | 6,498) | 6,492) | 6,480) | ||||||||
| Total Costco stockholders’ equity | 25,577) | 24,451) | 23,622) | 21,771) | 20,760) | 26,147) | 25,058) | 23,568) | 22,794) | 21,471) | 20,642) | 19,968) | 19,418) | 18,463) | 17,564) | 16,482) | 15,652) | 14,860) | 18,284) | 16,802) | 16,614) | 15,861) | 15,243) | 14,486) | 13,858) | 13,167) | ||||||||
| Total capital | 31,430) | 30,293) | 29,519) | 28,682) | 27,705) | 33,093) | 31,516) | 30,065) | 29,376) | 28,014) | 27,199) | 26,552) | 26,076) | 25,929) | 25,055) | 24,069) | 23,269) | 22,485) | 25,893) | 25,897) | 22,213) | 22,668) | 22,066) | 20,984) | 20,350) | 19,647) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Debt to capital1 | 0.19 | 0.19 | 0.20 | 0.24 | 0.25 | 0.21 | 0.20 | 0.22 | 0.22 | 0.23 | 0.24 | 0.25 | 0.26 | 0.29 | 0.30 | 0.32 | 0.33 | 0.34 | 0.29 | 0.35 | 0.25 | 0.30 | 0.31 | 0.31 | 0.32 | 0.33 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Debt to Capital, Competitors2 | ||||||||||||||||||||||||||||||||||
| Target Corp. | 0.51 | 0.54 | 0.54 | 0.56 | 0.57 | 0.58 | 0.59 | 0.60 | 0.59 | 0.57 | 0.52 | 0.48 | 0.46 | 0.46 | 0.47 | 0.49 | 0.53 | 0.56 | 0.49 | 0.50 | 0.49 | 0.53 | — | — | — | — | ||||||||
| Walmart Inc. | 0.36 | 0.38 | 0.36 | 0.41 | 0.39 | 0.41 | 0.37 | 0.42 | 0.40 | 0.40 | 0.34 | 0.34 | 0.37 | 0.38 | 0.38 | 0.38 | 0.41 | 0.46 | 0.42 | 0.45 | 0.45 | 0.46 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2025-02-16), 10-Q (reporting date: 2024-11-24), 10-K (reporting date: 2024-09-01), 10-Q (reporting date: 2024-05-12), 10-Q (reporting date: 2024-02-18), 10-Q (reporting date: 2023-11-26), 10-K (reporting date: 2023-09-03), 10-Q (reporting date: 2023-05-07), 10-Q (reporting date: 2023-02-12), 10-Q (reporting date: 2022-11-20), 10-K (reporting date: 2022-08-28), 10-Q (reporting date: 2022-05-08), 10-Q (reporting date: 2022-02-13), 10-Q (reporting date: 2021-11-21), 10-K (reporting date: 2021-08-29), 10-Q (reporting date: 2021-05-09), 10-Q (reporting date: 2021-02-14), 10-Q (reporting date: 2020-11-22), 10-K (reporting date: 2020-08-30), 10-Q (reporting date: 2020-05-10), 10-Q (reporting date: 2020-02-16), 10-Q (reporting date: 2019-11-24), 10-K (reporting date: 2019-09-01), 10-Q (reporting date: 2019-05-12), 10-Q (reporting date: 2019-02-17), 10-Q (reporting date: 2018-11-25).
1 Q2 2025 Calculation
Debt to capital = Total debt ÷ Total capital
= 5,853 ÷ 31,430 = 0.19
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Costco Wholesale Corp. debt to capital ratio improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025. |
Debt to Capital (including Operating Lease Liability)
Costco Wholesale Corp., debt to capital (including operating lease liability) calculation (quarterly data)
| Feb 16, 2025 | Nov 24, 2024 | Sep 1, 2024 | May 12, 2024 | Feb 18, 2024 | Nov 26, 2023 | Sep 3, 2023 | May 7, 2023 | Feb 12, 2023 | Nov 20, 2022 | Aug 28, 2022 | May 8, 2022 | Feb 13, 2022 | Nov 21, 2021 | Aug 29, 2021 | May 9, 2021 | Feb 14, 2021 | Nov 22, 2020 | Aug 30, 2020 | May 10, 2020 | Feb 16, 2020 | Nov 24, 2019 | Sep 1, 2019 | May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Current portion of long-term debt | 98) | 97) | 103) | 1,077) | 1,080) | 1,080) | 1,081) | —) | 76) | 71) | 73) | 77) | —) | 799) | 799) | 92) | 95) | 96) | 95) | 1,497) | 500) | 1,700) | 1,699) | 1,699) | 1,698) | —) | ||||||||
| Long-term debt, excluding current portion | 5,755) | 5,745) | 5,794) | 5,834) | 5,865) | 5,866) | 5,377) | 6,497) | 6,506) | 6,472) | 6,484) | 6,507) | 6,658) | 6,667) | 6,692) | 7,495) | 7,522) | 7,529) | 7,514) | 7,598) | 5,099) | 5,107) | 5,124) | 4,799) | 4,794) | 6,480) | ||||||||
| Total debt | 5,853) | 5,842) | 5,897) | 6,911) | 6,945) | 6,946) | 6,458) | 6,497) | 6,582) | 6,543) | 6,557) | 6,584) | 6,658) | 7,466) | 7,491) | 7,587) | 7,617) | 7,625) | 7,609) | 9,095) | 5,599) | 6,807) | 6,823) | 6,498) | 6,492) | 6,480) | ||||||||
| Long-term operating lease liabilities | 2,284) | 2,288) | 2,375) | 2,386) | 2,488) | 2,401) | 2,426) | 2,507) | 2,557) | 2,503) | 2,482) | 2,452) | 2,588) | 2,649) | 2,642) | 2,641) | 2,651) | 2,574) | 2,558) | 2,535) | 2,446) | 2,442) | —) | —) | —) | —) | ||||||||
| Total debt (including operating lease liability) | 8,137) | 8,130) | 8,272) | 9,297) | 9,433) | 9,347) | 8,884) | 9,004) | 9,139) | 9,046) | 9,039) | 9,036) | 9,246) | 10,115) | 10,133) | 10,228) | 10,268) | 10,199) | 10,167) | 11,630) | 8,045) | 9,249) | 6,823) | 6,498) | 6,492) | 6,480) | ||||||||
| Total Costco stockholders’ equity | 25,577) | 24,451) | 23,622) | 21,771) | 20,760) | 26,147) | 25,058) | 23,568) | 22,794) | 21,471) | 20,642) | 19,968) | 19,418) | 18,463) | 17,564) | 16,482) | 15,652) | 14,860) | 18,284) | 16,802) | 16,614) | 15,861) | 15,243) | 14,486) | 13,858) | 13,167) | ||||||||
| Total capital (including operating lease liability) | 33,714) | 32,581) | 31,894) | 31,068) | 30,193) | 35,494) | 33,942) | 32,572) | 31,933) | 30,517) | 29,681) | 29,004) | 28,664) | 28,578) | 27,697) | 26,710) | 25,920) | 25,059) | 28,451) | 28,432) | 24,659) | 25,110) | 22,066) | 20,984) | 20,350) | 19,647) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Debt to capital (including operating lease liability)1 | 0.24 | 0.25 | 0.26 | 0.30 | 0.31 | 0.26 | 0.26 | 0.28 | 0.29 | 0.30 | 0.30 | 0.31 | 0.32 | 0.35 | 0.37 | 0.38 | 0.40 | 0.41 | 0.36 | 0.41 | 0.33 | 0.37 | 0.31 | 0.31 | 0.32 | 0.33 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Debt to Capital (including Operating Lease Liability), Competitors2 | ||||||||||||||||||||||||||||||||||
| Target Corp. | 0.56 | 0.58 | 0.59 | 0.60 | 0.61 | 0.62 | 0.63 | 0.63 | 0.62 | 0.61 | 0.56 | 0.53 | 0.51 | 0.50 | 0.51 | 0.53 | 0.57 | 0.60 | 0.54 | 0.55 | 0.54 | 0.57 | — | — | — | — | ||||||||
| Walmart Inc. | 0.42 | 0.44 | 0.42 | 0.47 | 0.45 | 0.47 | 0.43 | 0.48 | 0.46 | 0.46 | 0.41 | 0.41 | 0.43 | 0.45 | 0.44 | 0.46 | 0.48 | 0.53 | 0.49 | 0.51 | 0.52 | 0.53 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2025-02-16), 10-Q (reporting date: 2024-11-24), 10-K (reporting date: 2024-09-01), 10-Q (reporting date: 2024-05-12), 10-Q (reporting date: 2024-02-18), 10-Q (reporting date: 2023-11-26), 10-K (reporting date: 2023-09-03), 10-Q (reporting date: 2023-05-07), 10-Q (reporting date: 2023-02-12), 10-Q (reporting date: 2022-11-20), 10-K (reporting date: 2022-08-28), 10-Q (reporting date: 2022-05-08), 10-Q (reporting date: 2022-02-13), 10-Q (reporting date: 2021-11-21), 10-K (reporting date: 2021-08-29), 10-Q (reporting date: 2021-05-09), 10-Q (reporting date: 2021-02-14), 10-Q (reporting date: 2020-11-22), 10-K (reporting date: 2020-08-30), 10-Q (reporting date: 2020-05-10), 10-Q (reporting date: 2020-02-16), 10-Q (reporting date: 2019-11-24), 10-K (reporting date: 2019-09-01), 10-Q (reporting date: 2019-05-12), 10-Q (reporting date: 2019-02-17), 10-Q (reporting date: 2018-11-25).
1 Q2 2025 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 8,137 ÷ 33,714 = 0.24
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | Costco Wholesale Corp. debt to capital ratio (including operating lease liability) improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025. |
Debt to Assets
Costco Wholesale Corp., debt to assets calculation (quarterly data)
| Feb 16, 2025 | Nov 24, 2024 | Sep 1, 2024 | May 12, 2024 | Feb 18, 2024 | Nov 26, 2023 | Sep 3, 2023 | May 7, 2023 | Feb 12, 2023 | Nov 20, 2022 | Aug 28, 2022 | May 8, 2022 | Feb 13, 2022 | Nov 21, 2021 | Aug 29, 2021 | May 9, 2021 | Feb 14, 2021 | Nov 22, 2020 | Aug 30, 2020 | May 10, 2020 | Feb 16, 2020 | Nov 24, 2019 | Sep 1, 2019 | May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Current portion of long-term debt | 98) | 97) | 103) | 1,077) | 1,080) | 1,080) | 1,081) | —) | 76) | 71) | 73) | 77) | —) | 799) | 799) | 92) | 95) | 96) | 95) | 1,497) | 500) | 1,700) | 1,699) | 1,699) | 1,698) | —) | ||||||||
| Long-term debt, excluding current portion | 5,755) | 5,745) | 5,794) | 5,834) | 5,865) | 5,866) | 5,377) | 6,497) | 6,506) | 6,472) | 6,484) | 6,507) | 6,658) | 6,667) | 6,692) | 7,495) | 7,522) | 7,529) | 7,514) | 7,598) | 5,099) | 5,107) | 5,124) | 4,799) | 4,794) | 6,480) | ||||||||
| Total debt | 5,853) | 5,842) | 5,897) | 6,911) | 6,945) | 6,946) | 6,458) | 6,497) | 6,582) | 6,543) | 6,557) | 6,584) | 6,658) | 7,466) | 7,491) | 7,587) | 7,617) | 7,625) | 7,609) | 9,095) | 5,599) | 6,807) | 6,823) | 6,498) | 6,492) | 6,480) | ||||||||
| Total assets | 73,224) | 73,386) | 69,831) | 67,911) | 66,323) | 73,723) | 68,994) | 66,752) | 66,848) | 66,027) | 64,166) | 63,852) | 63,078) | 64,149) | 59,268) | 57,274) | 54,918) | 60,217) | 55,556) | 51,732) | 48,782) | 51,431) | 45,400) | 43,752) | 42,799) | 43,814) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Debt to assets1 | 0.08 | 0.08 | 0.08 | 0.10 | 0.10 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.11 | 0.12 | 0.13 | 0.13 | 0.14 | 0.13 | 0.14 | 0.18 | 0.11 | 0.13 | 0.15 | 0.15 | 0.15 | 0.15 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Debt to Assets, Competitors2 | ||||||||||||||||||||||||||||||||||
| Target Corp. | 0.27 | 0.29 | 0.29 | 0.28 | 0.30 | 0.31 | 0.30 | 0.30 | 0.29 | 0.28 | 0.25 | 0.23 | 0.25 | 0.25 | 0.25 | 0.25 | 0.30 | 0.32 | 0.27 | 0.27 | 0.28 | 0.31 | — | — | — | — | ||||||||
| Walmart Inc. | 0.18 | 0.20 | 0.19 | 0.21 | 0.20 | 0.20 | 0.18 | 0.21 | 0.21 | 0.21 | 0.17 | 0.18 | 0.19 | 0.20 | 0.19 | 0.20 | 0.22 | 0.25 | 0.23 | 0.24 | 0.24 | 0.25 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2025-02-16), 10-Q (reporting date: 2024-11-24), 10-K (reporting date: 2024-09-01), 10-Q (reporting date: 2024-05-12), 10-Q (reporting date: 2024-02-18), 10-Q (reporting date: 2023-11-26), 10-K (reporting date: 2023-09-03), 10-Q (reporting date: 2023-05-07), 10-Q (reporting date: 2023-02-12), 10-Q (reporting date: 2022-11-20), 10-K (reporting date: 2022-08-28), 10-Q (reporting date: 2022-05-08), 10-Q (reporting date: 2022-02-13), 10-Q (reporting date: 2021-11-21), 10-K (reporting date: 2021-08-29), 10-Q (reporting date: 2021-05-09), 10-Q (reporting date: 2021-02-14), 10-Q (reporting date: 2020-11-22), 10-K (reporting date: 2020-08-30), 10-Q (reporting date: 2020-05-10), 10-Q (reporting date: 2020-02-16), 10-Q (reporting date: 2019-11-24), 10-K (reporting date: 2019-09-01), 10-Q (reporting date: 2019-05-12), 10-Q (reporting date: 2019-02-17), 10-Q (reporting date: 2018-11-25).
1 Q2 2025 Calculation
Debt to assets = Total debt ÷ Total assets
= 5,853 ÷ 73,224 = 0.08
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Costco Wholesale Corp. debt to assets ratio improved from Q4 2024 to Q1 2025 but then slightly deteriorated from Q1 2025 to Q2 2025. |
Debt to Assets (including Operating Lease Liability)
Costco Wholesale Corp., debt to assets (including operating lease liability) calculation (quarterly data)
| Feb 16, 2025 | Nov 24, 2024 | Sep 1, 2024 | May 12, 2024 | Feb 18, 2024 | Nov 26, 2023 | Sep 3, 2023 | May 7, 2023 | Feb 12, 2023 | Nov 20, 2022 | Aug 28, 2022 | May 8, 2022 | Feb 13, 2022 | Nov 21, 2021 | Aug 29, 2021 | May 9, 2021 | Feb 14, 2021 | Nov 22, 2020 | Aug 30, 2020 | May 10, 2020 | Feb 16, 2020 | Nov 24, 2019 | Sep 1, 2019 | May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Current portion of long-term debt | 98) | 97) | 103) | 1,077) | 1,080) | 1,080) | 1,081) | —) | 76) | 71) | 73) | 77) | —) | 799) | 799) | 92) | 95) | 96) | 95) | 1,497) | 500) | 1,700) | 1,699) | 1,699) | 1,698) | —) | ||||||||
| Long-term debt, excluding current portion | 5,755) | 5,745) | 5,794) | 5,834) | 5,865) | 5,866) | 5,377) | 6,497) | 6,506) | 6,472) | 6,484) | 6,507) | 6,658) | 6,667) | 6,692) | 7,495) | 7,522) | 7,529) | 7,514) | 7,598) | 5,099) | 5,107) | 5,124) | 4,799) | 4,794) | 6,480) | ||||||||
| Total debt | 5,853) | 5,842) | 5,897) | 6,911) | 6,945) | 6,946) | 6,458) | 6,497) | 6,582) | 6,543) | 6,557) | 6,584) | 6,658) | 7,466) | 7,491) | 7,587) | 7,617) | 7,625) | 7,609) | 9,095) | 5,599) | 6,807) | 6,823) | 6,498) | 6,492) | 6,480) | ||||||||
| Long-term operating lease liabilities | 2,284) | 2,288) | 2,375) | 2,386) | 2,488) | 2,401) | 2,426) | 2,507) | 2,557) | 2,503) | 2,482) | 2,452) | 2,588) | 2,649) | 2,642) | 2,641) | 2,651) | 2,574) | 2,558) | 2,535) | 2,446) | 2,442) | —) | —) | —) | —) | ||||||||
| Total debt (including operating lease liability) | 8,137) | 8,130) | 8,272) | 9,297) | 9,433) | 9,347) | 8,884) | 9,004) | 9,139) | 9,046) | 9,039) | 9,036) | 9,246) | 10,115) | 10,133) | 10,228) | 10,268) | 10,199) | 10,167) | 11,630) | 8,045) | 9,249) | 6,823) | 6,498) | 6,492) | 6,480) | ||||||||
| Total assets | 73,224) | 73,386) | 69,831) | 67,911) | 66,323) | 73,723) | 68,994) | 66,752) | 66,848) | 66,027) | 64,166) | 63,852) | 63,078) | 64,149) | 59,268) | 57,274) | 54,918) | 60,217) | 55,556) | 51,732) | 48,782) | 51,431) | 45,400) | 43,752) | 42,799) | 43,814) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Debt to assets (including operating lease liability)1 | 0.11 | 0.11 | 0.12 | 0.14 | 0.14 | 0.13 | 0.13 | 0.13 | 0.14 | 0.14 | 0.14 | 0.14 | 0.15 | 0.16 | 0.17 | 0.18 | 0.19 | 0.17 | 0.18 | 0.22 | 0.16 | 0.18 | 0.15 | 0.15 | 0.15 | 0.15 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Debt to Assets (including Operating Lease Liability), Competitors2 | ||||||||||||||||||||||||||||||||||
| Target Corp. | 0.33 | 0.35 | 0.35 | 0.34 | 0.35 | 0.36 | 0.35 | 0.34 | 0.34 | 0.34 | 0.30 | 0.28 | 0.30 | 0.30 | 0.29 | 0.29 | 0.34 | 0.37 | 0.32 | 0.32 | 0.33 | 0.36 | — | — | — | — | ||||||||
| Walmart Inc. | 0.24 | 0.25 | 0.24 | 0.27 | 0.25 | 0.26 | 0.24 | 0.26 | 0.26 | 0.27 | 0.23 | 0.24 | 0.26 | 0.27 | 0.25 | 0.27 | 0.29 | 0.32 | 0.31 | 0.32 | 0.32 | 0.32 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2025-02-16), 10-Q (reporting date: 2024-11-24), 10-K (reporting date: 2024-09-01), 10-Q (reporting date: 2024-05-12), 10-Q (reporting date: 2024-02-18), 10-Q (reporting date: 2023-11-26), 10-K (reporting date: 2023-09-03), 10-Q (reporting date: 2023-05-07), 10-Q (reporting date: 2023-02-12), 10-Q (reporting date: 2022-11-20), 10-K (reporting date: 2022-08-28), 10-Q (reporting date: 2022-05-08), 10-Q (reporting date: 2022-02-13), 10-Q (reporting date: 2021-11-21), 10-K (reporting date: 2021-08-29), 10-Q (reporting date: 2021-05-09), 10-Q (reporting date: 2021-02-14), 10-Q (reporting date: 2020-11-22), 10-K (reporting date: 2020-08-30), 10-Q (reporting date: 2020-05-10), 10-Q (reporting date: 2020-02-16), 10-Q (reporting date: 2019-11-24), 10-K (reporting date: 2019-09-01), 10-Q (reporting date: 2019-05-12), 10-Q (reporting date: 2019-02-17), 10-Q (reporting date: 2018-11-25).
1 Q2 2025 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 8,137 ÷ 73,224 = 0.11
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | Costco Wholesale Corp. debt to assets ratio (including operating lease liability) improved from Q4 2024 to Q1 2025 but then slightly deteriorated from Q1 2025 to Q2 2025. |
Financial Leverage
Costco Wholesale Corp., financial leverage calculation (quarterly data)
| Feb 16, 2025 | Nov 24, 2024 | Sep 1, 2024 | May 12, 2024 | Feb 18, 2024 | Nov 26, 2023 | Sep 3, 2023 | May 7, 2023 | Feb 12, 2023 | Nov 20, 2022 | Aug 28, 2022 | May 8, 2022 | Feb 13, 2022 | Nov 21, 2021 | Aug 29, 2021 | May 9, 2021 | Feb 14, 2021 | Nov 22, 2020 | Aug 30, 2020 | May 10, 2020 | Feb 16, 2020 | Nov 24, 2019 | Sep 1, 2019 | May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Total assets | 73,224) | 73,386) | 69,831) | 67,911) | 66,323) | 73,723) | 68,994) | 66,752) | 66,848) | 66,027) | 64,166) | 63,852) | 63,078) | 64,149) | 59,268) | 57,274) | 54,918) | 60,217) | 55,556) | 51,732) | 48,782) | 51,431) | 45,400) | 43,752) | 42,799) | 43,814) | ||||||||
| Total Costco stockholders’ equity | 25,577) | 24,451) | 23,622) | 21,771) | 20,760) | 26,147) | 25,058) | 23,568) | 22,794) | 21,471) | 20,642) | 19,968) | 19,418) | 18,463) | 17,564) | 16,482) | 15,652) | 14,860) | 18,284) | 16,802) | 16,614) | 15,861) | 15,243) | 14,486) | 13,858) | 13,167) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Financial leverage1 | 2.86 | 3.00 | 2.96 | 3.12 | 3.19 | 2.82 | 2.75 | 2.83 | 2.93 | 3.08 | 3.11 | 3.20 | 3.25 | 3.47 | 3.37 | 3.47 | 3.51 | 4.05 | 3.04 | 3.08 | 2.94 | 3.24 | 2.98 | 3.02 | 3.09 | 3.33 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Financial Leverage, Competitors2 | ||||||||||||||||||||||||||||||||||
| Target Corp. | 3.88 | 3.98 | 4.12 | 4.49 | 4.44 | 4.49 | 4.75 | 5.05 | 4.95 | 4.72 | 4.20 | 3.94 | 3.46 | 3.37 | 3.55 | 3.80 | 3.82 | 4.01 | 3.62 | 3.79 | 3.51 | 3.65 | — | — | — | — | ||||||||
| Walmart Inc. | 3.01 | 3.13 | 3.01 | 3.26 | 3.21 | 3.38 | 3.17 | 3.43 | 3.19 | 3.20 | 2.94 | 2.98 | 2.96 | 3.02 | 3.12 | 3.08 | 3.15 | 3.41 | 3.17 | 3.35 | 3.34 | 3.44 | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2025-02-16), 10-Q (reporting date: 2024-11-24), 10-K (reporting date: 2024-09-01), 10-Q (reporting date: 2024-05-12), 10-Q (reporting date: 2024-02-18), 10-Q (reporting date: 2023-11-26), 10-K (reporting date: 2023-09-03), 10-Q (reporting date: 2023-05-07), 10-Q (reporting date: 2023-02-12), 10-Q (reporting date: 2022-11-20), 10-K (reporting date: 2022-08-28), 10-Q (reporting date: 2022-05-08), 10-Q (reporting date: 2022-02-13), 10-Q (reporting date: 2021-11-21), 10-K (reporting date: 2021-08-29), 10-Q (reporting date: 2021-05-09), 10-Q (reporting date: 2021-02-14), 10-Q (reporting date: 2020-11-22), 10-K (reporting date: 2020-08-30), 10-Q (reporting date: 2020-05-10), 10-Q (reporting date: 2020-02-16), 10-Q (reporting date: 2019-11-24), 10-K (reporting date: 2019-09-01), 10-Q (reporting date: 2019-05-12), 10-Q (reporting date: 2019-02-17), 10-Q (reporting date: 2018-11-25).
1 Q2 2025 Calculation
Financial leverage = Total assets ÷ Total Costco stockholders’ equity
= 73,224 ÷ 25,577 = 2.86
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Costco Wholesale Corp. financial leverage ratio increased from Q4 2024 to Q1 2025 but then decreased significantly from Q1 2025 to Q2 2025. |
Interest Coverage
Costco Wholesale Corp., interest coverage calculation (quarterly data)
| Feb 16, 2025 | Nov 24, 2024 | Sep 1, 2024 | May 12, 2024 | Feb 18, 2024 | Nov 26, 2023 | Sep 3, 2023 | May 7, 2023 | Feb 12, 2023 | Nov 20, 2022 | Aug 28, 2022 | May 8, 2022 | Feb 13, 2022 | Nov 21, 2021 | Aug 29, 2021 | May 9, 2021 | Feb 14, 2021 | Nov 22, 2020 | Aug 30, 2020 | May 10, 2020 | Feb 16, 2020 | Nov 24, 2019 | Sep 1, 2019 | May 12, 2019 | Feb 17, 2019 | Nov 25, 2018 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Net income attributable to Costco | 1,788) | 1,798) | 2,354) | 1,681) | 1,743) | 1,589) | 2,160) | 1,302) | 1,466) | 1,364) | 1,868) | 1,353) | 1,299) | 1,324) | 1,670) | 1,220) | 951) | 1,166) | 1,389) | 838) | 931) | 844) | 1,097) | 906) | 889) | 767) | ||||||||
| Add: Net income attributable to noncontrolling interest | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | 10) | 19) | 21) | 21) | 24) | 13) | 20) | 15) | 15) | 14) | 16) | 12) | 13) | 10) | 12) | 10) | ||||||||
| Add: Income tax expense | 634) | 508) | 759) | 603) | 494) | 517) | 803) | 469) | 517) | 406) | 638) | 455) | 481) | 351) | 597) | 417) | 348) | 239) | 465) | 311) | 330) | 202) | 382) | 207) | 314) | 158) | ||||||||
| Add: Interest expense | 36) | 37) | 49) | 41) | 41) | 38) | 56) | 36) | 34) | 34) | 48) | 35) | 36) | 39) | 52) | 40) | 40) | 39) | 51) | 37) | 34) | 38) | 45) | 35) | 34) | 36) | ||||||||
| Earnings before interest and tax (EBIT) | 2,458) | 2,343) | 3,162) | 2,325) | 2,278) | 2,144) | 3,019) | 1,807) | 2,017) | 1,804) | 2,564) | 1,862) | 1,837) | 1,735) | 2,343) | 1,690) | 1,359) | 1,459) | 1,920) | 1,200) | 1,311) | 1,096) | 1,537) | 1,158) | 1,249) | 971) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Interest coverage1 | 63.12 | 60.17 | 58.63 | 55.49 | 54.08 | 54.80 | 54.04 | 53.89 | 54.62 | 52.73 | 50.62 | 48.01 | 45.54 | 41.68 | 40.06 | 37.81 | 35.56 | 36.58 | 34.54 | 33.40 | 33.57 | 33.16 | 32.77 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Interest Coverage, Competitors2 | ||||||||||||||||||||||||||||||||||
| Target Corp. | 14.45 | 12.52 | 11.55 | 9.69 | 8.80 | 7.58 | 8.15 | 10.70 | 13.46 | 18.76 | 22.16 | 21.38 | 9.43 | 9.08 | 6.68 | 5.92 | 10.51 | 8.47 | 9.78 | — | — | — | — | — | — | — | ||||||||
| Walmart Inc. | 8.83 | 10.58 | 9.14 | 9.94 | 9.35 | 8.19 | 9.00 | 7.63 | 11.00 | 10.43 | 10.38 | 7.37 | 8.59 | 9.31 | 9.88 | 11.98 | 10.50 | 9.08 | 8.74 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2025-02-16), 10-Q (reporting date: 2024-11-24), 10-K (reporting date: 2024-09-01), 10-Q (reporting date: 2024-05-12), 10-Q (reporting date: 2024-02-18), 10-Q (reporting date: 2023-11-26), 10-K (reporting date: 2023-09-03), 10-Q (reporting date: 2023-05-07), 10-Q (reporting date: 2023-02-12), 10-Q (reporting date: 2022-11-20), 10-K (reporting date: 2022-08-28), 10-Q (reporting date: 2022-05-08), 10-Q (reporting date: 2022-02-13), 10-Q (reporting date: 2021-11-21), 10-K (reporting date: 2021-08-29), 10-Q (reporting date: 2021-05-09), 10-Q (reporting date: 2021-02-14), 10-Q (reporting date: 2020-11-22), 10-K (reporting date: 2020-08-30), 10-Q (reporting date: 2020-05-10), 10-Q (reporting date: 2020-02-16), 10-Q (reporting date: 2019-11-24), 10-K (reporting date: 2019-09-01), 10-Q (reporting date: 2019-05-12), 10-Q (reporting date: 2019-02-17), 10-Q (reporting date: 2018-11-25).
1 Q2 2025 Calculation
Interest coverage
= (EBITQ2 2025
+ EBITQ1 2025
+ EBITQ4 2024
+ EBITQ3 2024)
÷ (Interest expenseQ2 2025
+ Interest expenseQ1 2025
+ Interest expenseQ4 2024
+ Interest expenseQ3 2024)
= (2,458 + 2,343 + 3,162 + 2,325)
÷ (36 + 37 + 49 + 41)
= 63.12
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Costco Wholesale Corp. interest coverage ratio improved from Q4 2024 to Q1 2025 and from Q1 2025 to Q2 2025. |