Costco Wholesale (COST) Asset Utilization Ratio (2010 - 2026)
Costco Wholesale's (COST) Asset Utilization Ratio was 3.45 for fiscal Q3 2026 (quarter ended May 10, 2026), down 4.5% from 3.61 a year earlier but up 0.4% from the prior quarter.
Costco Wholesale (COST) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Aug 31, 2025), Asset Utilization Ratio at Costco Wholesale was 3.75, up 2.2% from FY2024.
- By fiscal year, Asset Utilization Ratio came in at 3.67 in FY2024 (+0.7%), 3.64 in FY2023 (-1.0%), 3.68 in FY2022 (+7.8%) and 3.41 in FY2021 (+3.3%).
- Five-year quarterly Asset Utilization Ratio spans a low of 3.29 in fiscal Q1 2022 and a high of 3.78 in fiscal Q3 2024.
- Year over year, Asset Utilization Ratio has now declined in each of the last five quarters, with an average decline of 1.1% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q1 2022 (growth of 10.2%); the low point was fiscal Q2 2026 (a decline of 4.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 3.44 (Q2 2026), 3.51 (Q1 2026) and 3.61 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.47 Bn | 787.18 Bn | 49.13 Bn | 2.52 |
| 2 | Costco Wholesale | 403.75 Bn | 333.05 Bn | 9.01 Bn | 3.45 |
| 3 | Sysco | 37.36 Bn | 31.61 Bn | 4.13 Bn | 3.00 |
| 4 | Kroger | 34.63 Bn | 20.79 Bn | 7.86 Bn | 2.76 |
| 5 | Dollar General | 26.38 Bn | 21.06 Bn | 3.68 Bn | 1.37 |
| 6 | Caseys General Stores | 22.49 Bn | 20.48 Bn | 1.24 Bn | 2.07 |
| 7 | Dollar Tree | 21.40 Bn | 18.02 Bn | 2.10 Bn | 1.44 |
| 8 | US Foods Holding | 19.94 Bn | 19.74 Bn | 1.92 Bn | 2.82 |
| 9 | Tractor Supply | 16.33 Bn | 15.49 Bn | 1.68 Bn | 1.32 |
| 10 | Performance Food | 14.29 Bn | 14.07 Bn | 2.17 Bn | 3.64 |
Historic Data
| Date | Value |
|---|---|
| May 10, 2026 | 3.45 |
| Feb 15, 2026 | 3.44 |
| Nov 23, 2025 | 3.51 |
| Aug 31, 2025 | 3.61 |
| May 11, 2025 | 3.61 |
| Feb 16, 2025 | 3.60 |
| Nov 24, 2024 | 3.61 |
| Sep 1, 2024 | 3.69 |
| May 12, 2024 | 3.78 |
| Feb 18, 2024 | 3.55 |
| Nov 26, 2023 | 3.44 |
| Sep 3, 2023 | 3.57 |
| May 7, 2023 | 3.52 |
| Feb 12, 2023 | 3.53 |
| Nov 20, 2022 | 3.55 |
| Aug 28, 2022 | 3.55 |
| May 8, 2022 | 3.43 |
| Feb 13, 2022 | 3.30 |
| Nov 21, 2021 | 3.29 |
| Aug 29, 2021 | 3.36 |
Costco Wholesale Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=COST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "COST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=COST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();