If You'd Bought 1 Share of Costco Wholesale at Its IPO, Here's How Many Shares You Would Own Now

Core Insights - Costco Wholesale has seen its stock price reach an all-time high of $1,008 following solid financial results this year [1] - An investment of $10 at the IPO price in 1985 would now be worth approximately $5,748, reflecting significant growth [2] - The company has a strong membership base with 77 million paid household members, contributing to its revenue [4] Financial Performance - Costco's membership fee revenue was $1.16 billion, which accounted for about half of the company's $2.2 billion operating profit in the last quarter [4] - The company provides passive income through dividends, with an investor receiving $27.84 annually, plus occasional special dividends [3] Stock Performance - The stock currently trades at the highest earnings multiple in its history, suggesting a potential wait for a lower price before buying shares [5] - Despite the high valuation, Costco has opportunities for further growth in share value [5]