Costco Wholesale Corporation
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 |
|---|---|---|---|
| Revenue | $77.95B | $71.42B | $72.48B |
| Net Sales | $76.26B | $69.89B | $70.98B |
| Membership Fees | $1.69B | $1.53B | $1.51B |
| Cost of Revenue | $68.00B | $62.34B | $63.50B |
| Gross Profit | $9.95B | $9.09B | $8.98B |
| Gross Margin | 12.8% | 12.7% | 12.4% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $7.85B | $7.25B | $6.95B |
| Operating Income | $2.08B | $1.78B | $1.97B |
| Operating Margin | 2.7% | 2.5% | 2.7% |
| Interest Expense | $111.0M | $108.0M | $103.0M |
| Pretax Income | $2.05B | $1.73B | — |
| Income Tax Expense | $731.0M | $628.0M | $716.0M |
| Net Income | $1.30B | $1.09B | $1.28B |
| Net Margin | 1.7% | 1.5% | 1.8% |
| EPS (Basic) | $2.97 | $2.50 | — |
| EPS (Diluted) | $2.92 | $2.47 | — |
| Shares Outstanding (Basic) | 438.6M | 434.0M | 434.4M |
| Shares Outstanding (Diluted) | 446.0M | 440.5M | 444.2M |
| Dividends Per Share | $0.77 | $0.68 | $0.61 |