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Costco Wholesale (COST) FY2008 results: revenue $72.5 billion

Costco Wholesale Corp. (COST) reported revenue of $72.5 billion for fiscal 2008, the year ended 31 August 2008. Net income was $1.3 billion. The figures are the company's own, from the 10-K it filed with the SEC on 18 October 2010.

Revenue
$72.5 billion
FY2008FY2008
Operating margin
2.7%
FY2008FY2008
Net income
$1.3 billion
FY2008FY2008
Diluted EPS
n/a
FY2008FY2008

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2008Last 8 years
Revenue72,483
Cost of revenue63,503
Gross profit8,980
Gross margin12.4%
Selling, general and administrative6,954
Operating income1,969
Operating margin2.7%
Interest expense103
Income tax716
Net income1,283
Net margin1.8%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2008Last 8 years
Operating cash flow2,206
Capital expenditure1,599
Free cash flow607
Free cash flow margin0.8%
Cash from investing-1,717
Cash from financing-643
Depreciation and amortisation653
Share-based compensation166
Buybacks895
Dividends paid265
Dividend per share$0.61
Diluted shares, weighted444m

Balance sheet

$ millionFY2008Last 8 years
Shareholders' equity9,274
Fixed assets10,355
Cash and equivalents2,619
Other assets7,708
Total assets20,682

10-K for the year ended 31 August 2008, filed 18 October 2010: the filing.