Workflow
If You'd Bought 1 Share of Costco Wholesale at Its IPO, Here's How Many Shares You Would Own Now
COSTCostco(COST) The Motley Fool·2024-12-19 20:23

Core Insights - Costco Wholesale has seen its stock price reach an all-time high of 1,008followingsolidfinancialresultsthisyear[1]−Aninvestmentof1,008 following solid financial results this year [1] - An investment of 10 at the IPO price in 1985 would now be worth approximately 5,748,reflectingsignificantgrowth[2]−Thecompanyhasastrongmembershipbasewith77millionpaidhouseholdmembers,contributingtoitsrevenue[4]FinancialPerformance−Costco′smembershipfeerevenuewas5,748, 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 2.2billionoperatingprofitinthelastquarter[4]−Thecompanyprovidespassiveincomethroughdividends,withaninvestorreceiving2.2 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]