Costco Wholesale Corp
COSTCompany Overview
Costco Wholesale Corp. engages in the operation of membership warehouses through wholly owned subsidiaries. It operates through the following geographical segments: United States, Canada, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA.
Country
US
Market Cap
$395.39B
Last Fiscal Year
2024
Final Shariah Status
Failed
Compliance Analysis Overview
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
29.60%
failed
Liabilities Compliance
2.09%
passed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | Costco Wholesale Corp |
| Ticker | COST |
| Main Business | Discount Stores |
| Type | Common Stock |
| Industry | Discount Stores |
| Country | US |
| Market Cap | $395.39 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Net sales | $249,625.0 | $74,887.5 | Inc of liqour and tobacco. 30% assumption SNC |
| Membership fees | $4,828.0 | $0.0 | - |
| Interest income and other, net | $624.0 | $624.0 | - |
| Total | $255,077.0 | $75,511.5 | 29.60% (failed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $103,000,000.0 | 0.03% |
| long term debt and capital lease obligation | $8,170,000,000.0 | 2.07% |
| Total Interest-Bearing Debt | $8,273,000,000.0 | 2.09% |
| Market Capitalization | $395,386,806,600.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |