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Costco Wholesale vs Pricesmart: revenue, profit, margins and growth compared

Costco Wholesale brought in $275.2B of revenue in fiscal 2025, Pricesmart $5.3B in fiscal 2025. Revenue changed by +8.2% at Costco Wholesale and +7.2% at Pricesmart on the year before, so Costco Wholesale grew faster. Costco Wholesale kept 2.9% of its revenue as net profit, Pricesmart 2.8%. Free cash flow was $7.8B at Costco Wholesale and $103.2M at Pricesmart.

Side by side, latest fiscal year

COSTPSMT
Fiscal year endedFY2025 (August 31, 2025)FY2025 (August 31, 2025)
Revenue$275.2B$5.3B
Revenue growth+8.2%+7.2%
Net income$8.1B$147.9M
Net margin2.9%2.8%
Free cash flow$7.8B$103.2M
Free cash flow margin2.8%2.0%
Earnings per share (diluted)$18.21$4.82
Cash$14.2B$241M
Debt$5.8B$186.6M
Price to earnings50.736.3
Market value$409.2B$5.4B
Dividend yield0.53%0.72%
Rank by revenue in sector#3 of 778 · Consumer discretionary#194 of 778 · Consumer discretionary

Over the years

Revenue
COST FY2018: $141.6BCOST FY2019: $152.7BCOST FY2020: $166.8BCOST FY2021: $195.9BCOST FY2022: $227BCOST FY2023: $242.3BCOST FY2024: $254.5BCOST FY2025: $275.2BPSMT FY2018: $3.2BPSMT FY2019: $3.2BPSMT FY2020: $3.3BPSMT FY2021: $3.6BPSMT FY2022: $4.1BPSMT FY2023: $4.4BPSMT FY2024: $4.9BPSMT FY2025: $5.3BFY18FY19FY20FY21FY22FY23FY24FY25
COST $275.2BPSMT $5.3B
Net income
COST FY2018: $3.1BCOST FY2019: $3.7BCOST FY2020: $4BCOST FY2021: $5BCOST FY2022: $5.8BCOST FY2023: $6.3BCOST FY2024: $7.4BCOST FY2025: $8.1BPSMT FY2018: $74.3MPSMT FY2019: $73.2MPSMT FY2020: $78.1MPSMT FY2021: $98MPSMT FY2022: $104.5MPSMT FY2023: $109.2MPSMT FY2024: $138.9MPSMT FY2025: $147.9MFY18FY19FY20FY21FY22FY23FY24FY25
COST $8.1BPSMT $147.9M
Net margin
COST FY2018: 2.2%COST FY2019: 2.4%COST FY2020: 2.4%COST FY2021: 2.6%COST FY2022: 2.6%COST FY2023: 2.6%COST FY2024: 2.9%COST FY2025: 2.9%PSMT FY2018: 2.3%PSMT FY2019: 2.3%PSMT FY2020: 2.3%PSMT FY2021: 2.7%PSMT FY2022: 2.6%PSMT FY2023: 2.5%PSMT FY2024: 2.8%PSMT FY2025: 2.8%FY18FY19FY20FY21FY22FY23FY24FY25
COST 2.9%PSMT 2.8%
Revenue growth
COST FY2019: +7.9%COST FY2020: +9.2%COST FY2021: +17.5%COST FY2022: +15.8%COST FY2023: +6.8%COST FY2024: +5.0%COST FY2025: +8.2%PSMT FY2019: +1.8%PSMT FY2020: +3.3%PSMT FY2021: +8.7%PSMT FY2022: +12.3%PSMT FY2023: +8.5%PSMT FY2024: +11.4%PSMT FY2025: +7.2%FY19FY20FY21FY22FY23FY24FY25
COST +8.2%PSMT +7.2%
Free cash flow
COST FY2018: $2.8BCOST FY2019: $3.4BCOST FY2020: $6.1BCOST FY2021: $5.4BCOST FY2022: $3.5BCOST FY2023: $6.7BCOST FY2024: $6.6BCOST FY2025: $7.8BPSMT FY2018: $21.3MPSMT FY2019: $30.3MPSMT FY2020: $158.9MPSMT FY2021: $14MPSMT FY2022: $1.2MPSMT FY2023: $114.8MPSMT FY2024: $39MPSMT FY2025: $103.2MFY18FY19FY20FY21FY22FY23FY24FY25
COST $7.8BPSMT $103.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Costco Wholesale and Pricesmart

Which is bigger by revenue, Costco Wholesale or Pricesmart?

Costco Wholesale is bigger by revenue: $275.2B in fiscal 2025, against $5.3B for Pricesmart in fiscal 2025.

Which keeps more of its revenue as profit, Costco Wholesale or Pricesmart?

Costco Wholesale had a net margin of 2.9% in fiscal 2025; Pricesmart had 2.8% in fiscal 2025.

Which grew revenue faster, Costco Wholesale or Pricesmart?

In their latest fiscal years revenue changed by +8.2% at Costco Wholesale and +7.2% at Pricesmart.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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