Costco Stock Performance Shows Strong Growth in Q2 FY 2026
Costco’s stock price reached approximately $1,010 in March 2026, reflecting a significant performance boost for the retail giant. The company reported a quarterly revenue of $69.6 billion for Q2 FY 2026, showcasing its resilience in a competitive market.
In addition to robust revenue figures, Costco’s diluted earnings per share (EPS) stood at $4.58, indicating strong profitability. Membership revenue also saw a notable increase, rising 13.6% year-over-year to $1.36 billion, underscoring the company’s successful retention strategies.
Costco’s operating margins have remained steady at approximately 3.5%, a testament to its efficient management and operational strategies. The company’s membership renewal rate was an impressive 92.3% in North America as of 2026, reflecting customer loyalty and satisfaction.
Over the past decade, Costco’s stock has delivered a remarkable return of over 670%, excluding dividends, making it an attractive option for investors. As of early 2026, the company has a substantial cash pile of $17.38 billion, providing it with ample liquidity for future investments and growth opportunities.
Institutional ownership of Costco’s stock is around 68%, indicating strong confidence from institutional investors. The stock is currently trading at a forward price-to-earnings (P/E) ratio of approximately 45x, suggesting that investors are willing to pay a premium for its growth potential.
Despite its success, Costco has only 7 stores in mainland China as of early 2026, indicating potential for expansion in this lucrative market. Additionally, the company’s Kirkland Signature brand accounts for nearly 30% of total sales, highlighting the strength of its private label offerings.
Costco was founded in 1983 and has since expanded internationally, including its entry into mainland China in 2019. Observers are keenly watching how the company will leverage its strong financial position and customer loyalty to further enhance its market presence.
