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  • Previous Rank38
  • Revenues ($M)$118,719
  • Revenue Percent Change2.2%
  • Profits ($M)$2,350
  • Profits Percent Change-1.1%
  • Assets ($M)$33,163
  • Employees172,000

Costco may be grappling with lower gas prices that are eating into its sales growth, but the bulk retailer still outperforms Sam’s Club every quarter, and the company posted record sales in 2016. Costco benefits from having stores in more affluent areas than Sam’s does. It also invests heavily in improvements: it spent $2.65 billion to open 33 warehouses (it now runs 715), expand its distribution and transportation systems, remodel facilities; and upgrade its IT infrastructure. One soft spot? E-commerce. Costco has lagged rivals in terms of offering online services; it now operates digital stores in the U.S., Canada, the U.K., Mexico, Korea, and Taiwan. Costco was founded in 1976 and is based in Issaquah, Wash.

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Company Information

CEO
W. Craig Jelinek
Sector
Retailing
Industry
General Merchandisers
HQ Location
Issaquah, WA
Websitehttp://www.costco.com
Years on Global 500 List23
Employees172,000
Figures are for fiscal year ended Aug. 31, 2016.

Costco Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$118,7192.2%
Profits ($M)$2,350-1.1%
Assets ($M)$33,163-
Total Stockholder Equity ($M)$12,079-

Profit Ratios

Profit as % of Revenues2%
Profits as % of Assets7.1%
Profits as % of Stockholder Equity19.5%