Costco Wholesale (COST) Deferred Taxes (2009 - 2023)
Costco Wholesale (COST) recorded Deferred Taxes of $4 million in fiscal Q3 2023 (quarter ended May 7, 2023), compared with -$13 million a year earlier and down 75.0% from the prior quarter.
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Analysis
Costco Wholesale (COST) Deferred Taxes (2009 - 2023) Analysis & Trends
On a TTM basis, Costco Wholesale's Deferred Taxes came in at $57 million as of May 7, 2023; for FY2022 (ended Aug 28, 2022), it came in at $37 million.
- Annual Deferred Taxes has a five-year compound annual growth rate of 5.0% (FY2017 to FY2022).
- Across earlier fiscal years, Deferred Taxes came in at -$59 million in FY2021, -$104 million in FY2020, -$147 million in FY2019 and $49 million in FY2018 (+69.0%).
- Quarterly Deferred Taxes has ranged from -$180 million in fiscal Q4 2019 to $35 million in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, Deferred Taxes rose in two of the last four quarters, with an average decline of 11.6%.
- Per Business Quant, the preceding three fiscal quarters came in at $16 million (Q2 2023), $2 million (Q1 2023) and $35 million (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.47 Bn | 787.18 Bn | 49.13 Bn | -205.00 Mn |
| 2 | Costco Wholesale | 403.75 Bn | 333.05 Bn | 9.01 Bn | - |
| 3 | Sysco | 37.36 Bn | 31.61 Bn | 4.13 Bn | -24.00 Mn |
| 4 | Kroger | 34.63 Bn | 20.79 Bn | 7.86 Bn | - |
| 5 | Dollar General | 26.38 Bn | 21.06 Bn | 3.68 Bn | -31.49 Mn |
| 6 | Caseys General Stores | 22.49 Bn | 20.48 Bn | 1.24 Bn | -32.80 Mn |
| 7 | Dollar Tree | 21.40 Bn | 18.02 Bn | 2.10 Bn | 83.50 Mn |
| 8 | US Foods Holding | 19.94 Bn | 19.74 Bn | 1.92 Bn | 2.00 Mn |
| 9 | Tractor Supply | 16.33 Bn | 15.49 Bn | 1.68 Bn | -26.51 Mn |
| 10 | Performance Food | 14.29 Bn | 14.07 Bn | 2.17 Bn | 49.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 7, 2023 | 4.00 Mn |
| Feb 12, 2023 | 16.00 Mn |
| Nov 20, 2022 | 2.00 Mn |
| Aug 28, 2022 | 35.00 Mn |
| May 8, 2022 | -13.00 Mn |
| Feb 13, 2022 | 13.00 Mn |
| Nov 21, 2021 | 2.00 Mn |
| Aug 29, 2021 | -75.00 Mn |
| May 9, 2021 | -5.00 Mn |
| Feb 14, 2021 | 12.00 Mn |
| Nov 22, 2020 | 9.00 Mn |
| Aug 30, 2020 | -109.00 Mn |
| May 10, 2020 | 6.00 Mn |
| Feb 16, 2020 | 4.00 Mn |
| Nov 24, 2019 | -5.00 Mn |
| Sep 1, 2019 | -180.00 Mn |
| May 12, 2019 | 6.00 Mn |
| Feb 17, 2019 | -4.00 Mn |
| Nov 25, 2018 | 31.00 Mn |
| Sep 2, 2018 | 28.00 Mn |
API Access
Costco Wholesale Deferred Taxes 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=deferred-taxes&ticker=COST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=COST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();