Definitive Analysis
Definitive Analysis

Financial Statements



Periods / Units



Fundamentals



Valuations



Miscellaneous



Analysis Mode



Full Access


See Pricing Start Trial

Costco Wholesale Corporation (0I47.L)

Company Dividend Discount ModelIndustry: Discount StoresSector: Consumer Defensive

Valuation Snapshot

Stable Growth$437.91 - $1,161.64$669.60
Multi-Stage$300.70 - $328.49$314.34
Blended Fair Value$491.97
Current Price$886.12
Upside-44.48%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS8.10%-2.68%4.9120.332.813.3712.933.332.331.558.781.68
YoY Growth---75.85%622.70%-16.49%-73.94%288.64%42.49%50.65%-82.35%423.32%-73.96%
Dividend Yield--0.55%2.12%0.47%0.64%2.40%0.87%0.78%0.71%5.09%1.11%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)8,302.00
(-) Cash Dividends Paid (M)2,245.00
(=) Cash Retained (M)6,057.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,660.401,037.75622.65
Cash Retained (M)6,057.006,057.006,057.00
(-) Cash Required (M)-1,660.40-1,037.75-622.65
(=) Excess Retained (M)4,396.605,019.255,434.35
(/) Shares Outstanding (M)444.72444.72444.72
(=) Excess Retained per Share9.8911.2912.22
LTM Dividend per Share5.055.055.05
(+) Excess Retained per Share9.8911.2912.22
(=) Adjusted Dividend14.9316.3317.27
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Fair Value$437.91$669.60$1,161.64
Upside / Downside-50.58%-24.43%31.09%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)8,302.008,841.639,416.3410,028.4010,680.2411,374.4611,715.69
Payout Ratio27.04%39.63%52.23%64.82%77.41%90.00%92.50%
Projected Dividends (M)2,245.003,504.234,917.686,500.078,267.4010,237.0110,837.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)3,181.853,212.013,242.16
Year 2 PV (M)4,054.464,131.684,209.64
Year 3 PV (M)4,866.055,005.745,148.07
Year 4 PV (M)5,619.705,835.826,058.11
Year 5 PV (M)6,318.356,623.536,940.39
PV of Terminal Value (M)109,686.36114,984.25120,484.91
Equity Value (M)133,726.76139,793.02146,083.27
Shares Outstanding (M)444.72444.72444.72
Fair Value$300.70$314.34$328.49
Upside / Downside-66.07%-64.53%-62.93%

High-Yield Dividend Screener

« Prev Page 7 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PLYMPlymouth Industrial REIT, Inc.4.80%$1.0549.94%
SAFTSafety Insurance Group, Inc.4.80%$3.6361.47%
CETCentral Securities Corp.4.79%$2.4313.87%
GBLIGlobal Indemnity Group, LLC4.79%$1.3870.11%
JANIXJanus Henderson Triton Fund Class D4.79%$1.2767.95%
MITNAG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 20294.77%$1.2175.90%
PRUPrudential Financial, Inc.4.77%$5.4373.37%
IFAFXThe Income Fund of America, Class F-1 Shares4.76%$1.2433.91%
AMECXAmerican Funds The Income Fund of America Class A4.74%$1.2433.91%
UMPQUmpqua Holdings Corporation4.74%$0.8454.13%
NFBKNorthfield Bancorp, Inc.4.73%$0.5454.01%
SBSISouthside Bancshares, Inc.4.72%$1.4462.24%
TNLTravel + Leisure Co.4.72%$3.4054.99%
AIRCApartment Income REIT Corp.4.68%$1.8341.27%
SONSonoco Products Company4.68%$2.0832.95%
OFLXOmega Flex, Inc.4.67%$1.3685.30%
FTAIOFTAI Aviation Ltd.4.65%$1.1825.22%
WDWalker & Dunlop, Inc.4.65%$2.7379.29%
0J2Z.LHA Sustainable Infrastructure Capital, Inc.4.63%$1.4766.70%
FLMNFalcon Minerals Corporation4.63%$0.3681.83%
GSRMGSR II Meteora Acquisition Corp.4.62%$0.1532.94%
FBFWXAmerican Funds Retirement Income Portfolio - Moderate Class F-14.61%$0.6379.77%
GPSThe Gap, Inc.4.61%$0.9341.48%
QUADQuad/Graphics, Inc.4.61%$0.2764.56%
BMYBristol-Myers Squibb Company4.59%$2.4582.81%
WTBAWest Bancorporation, Inc.4.56%$0.9952.39%
SCPLSciPlay Corporation4.55%$1.0417.40%
OLPOne Liberty Properties, Inc.4.53%$0.9257.61%
RWAYLRunway Growth Finance Corp. - 74.53%$1.1475.51%
INSWInternational Seaways, Inc.4.52%$2.1248.43%
RWAYZRunway Growth Finance Corp. 8.00% Notes due 20274.52%$1.1475.51%
DDominion Energy, Inc.4.48%$2.6597.13%
TGTTarget Corporation4.48%$4.5054.48%
COLBColumbia Banking System, Inc.4.47%$1.2662.95%
DFPAXBNY Mellon Diversified International Fund Class A4.46%$0.4556.12%
KEYKeyCorp4.46%$0.9495.81%
RPTIXT. Rowe Price Mid-Cap Growth Fund4.46%$4.3859.54%
CGBDCarlyle Secured Lending, Inc.4.45%$0.5655.08%
NEWTPNewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B4.44%$1.0244.14%
PFCPremier Financial Corp.4.43%$1.2468.07%
BFCBank First Corporation4.40%$5.3073.82%
DUKDuke Energy Corporation4.40%$5.1780.55%
0L77.LSkyworks Solutions, Inc.4.37%$2.7990.67%
ESCAEscalade, Incorporated4.35%$0.6065.28%
DINOHF Sinclair Corporation4.34%$2.0396.43%
LBAILakeland Bancorp, Inc.4.34%$0.5844.96%
CVXChevron Corporation4.32%$6.7495.36%
CVBFCVB Financial Corp.4.31%$0.8154.32%
HTBKHeritage Commerce Corp4.30%$0.5273.66%
EQREquity Residential4.28%$2.6689.76%