COST · Discounted Cash Flow Valuation
Costco DCF Valuation: Intrinsic Value Calculator
Costco Wholesale Corporation (COST) DCF model with live financials. See the pre-loaded intrinsic value estimate below, then adjust growth and discount rate assumptions in the full calculator.
DCF Snapshot
Assumptions
These are conservative starting assumptions. Adjust them in the full calculator to test your own thesis.
What Drives Costco's DCF
Costco's DCF centers on its membership model — 135M+ cardholders paying annual fees that generate nearly pure profit, funding the low-markup retail strategy that drives customer loyalty. Membership renewal rates exceed 92% globally. Key assumptions: mid-to-high-single-digit revenue growth from new warehouse openings (~25/year), e-commerce expansion, and periodic membership fee increases, with the membership flywheel providing margin stability even in competitive retail environments.