Costco Wholesale (COST) Deferred Taxes (2009 - 2023)

Costco Wholesale (COST) has reported Deferred Taxes for 15 consecutive years, with $4.0 million the latest figure, recorded in Q2 2023.

• For the quarter ending Q2 2023, Deferred Taxes rose 130.77% year-over-year to $4.0 million; the trailing twelve-month figure through May 2023 stood at $57.0 million (up 178.08% YoY), and the FY2022 full-year result was $37.0 million, up 162.71% from the prior year.
• Deferred Taxes declined to $4.0 million in Q2 2023 per COST's latest filing, from $16.0 million in the prior quarter.
• Across five years, Deferred Taxes topped out at $35.0 million in Q3 2022 and bottomed at -$180.0 million in Q3 2019.
• Historically, Deferred Taxes has averaged -$15.7 million across 5 years, with a median of $3.0 million in 2020.
• The sharpest annual moves came in 2019 and 2020: Deferred Taxes slumped 742.86% in 2019, then soared 280.0% in 2020.
• Over 5 years, Deferred Taxes stood at -$5.0 million in 2019, then jumped by 280.0% to $9.0 million in 2020, then sank by 77.78% to $2.0 million in 2021, then changed by 0.0% to $2.0 million in 2022, then jumped by 100.0% to $4.0 million in 2023.
• According to Business Quant data, Deferred Taxes over the past three periods registered $4.0 million, $16.0 million, and $2.0 million for Q2 2023, Q1 2023, and Q4 2022 respectively.