John McKay - Costco Wholesale President

COST Stock  USD 726.33  2.85  0.39%   

President

Mr. John D. McKay is no longer Executive Vice President, Chief Operating Officer Northern Division of Costco Wholesale Corporation effective March 2, 2018. Mr. McKay was Senior Vice President, General Manager, Northwest Region from 2000 to March 2010.
Age 59
Address 999 Lake Drive, Issaquah, WA, United States, 98027
Phone425 313 8100
Webhttps://www.costco.com

Costco Wholesale Management Efficiency

The company has return on total asset (ROA) of 0.0835 % which means that it generated a profit of $0.0835 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3119 %, meaning that it created $0.3119 on every $100 dollars invested by stockholders. Costco Wholesale's management efficiency ratios could be used to measure how well Costco Wholesale manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Costco Wholesale's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.08 in 2024, whereas Return On Capital Employed is likely to drop 0.13 in 2024. At this time, Costco Wholesale's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 83.3 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 2.2 B in 2024.
The company currently holds 8.88 B in liabilities with Debt to Equity (D/E) ratio of 0.53, which is about average as compared to similar companies. Costco Wholesale Corp has a current ratio of 1.0, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist Costco Wholesale until it has trouble settling it off, either with new capital or with free cash flow. So, Costco Wholesale's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Costco Wholesale Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Costco to invest in growth at high rates of return. When we think about Costco Wholesale's use of debt, we should always consider it together with cash and equity.

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Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington. Costco Wholesale operates under Discount Stores classification in the United States and is traded on NASDAQ Exchange. It employs 304000 people. Costco Wholesale Corp (COST) is traded on NASDAQ Exchange in USA. It is located in 999 Lake Drive, Issaquah, WA, United States, 98027 and employs 316,000 people. Costco Wholesale is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification.

Management Performance

Costco Wholesale Corp Leadership Team

Elected by the shareholders, the Costco Wholesale's board of directors comprises two types of representatives: Costco Wholesale inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Costco. The board's role is to monitor Costco Wholesale's management team and ensure that shareholders' interests are well served. Costco Wholesale's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Costco Wholesale's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hamilton James, Lead Independent Director
Sheri Flies, Senior Compliance
Joseph Portera, Chief Diversity Officer, Executive VP and COO of Eastern and Canadian Divisions
Maggie Wilderotter, Director
Mary Wilderotter, Independent Director
David Sherwood, Vice Relations
Daniel Hines, Senior Controller
Craig Jelinek, CEO and President and Director
Charles Munger, Independent Director
John McKay, Executive Vice President and COO - Northern Division
James Klauer, Executive Vice President - Northern Division
Richard Libenson, Director
Sandy Torrey, Marketing, Membership
James Murphy, Executive Vice President - International
Ron Vachris, Executive Vice President COO, Merchandising
Gary Millerchip, Executive CFO
Jill Ruckelshaus, Independent Director
Richard Galanti, CFO, Executive VP and Director
Franz Lazarus, Executive Vice President - Administration
Daniel Evans, Independent Director
Jim Klauer, Executive Vice President - Northern Division
Brenda Weber, Senior Resources
Timothy Rose, Executive Vice President - Ancillary Businesses, Manufacturing, and Business Centers
Peter Gruening, Marketing Membership
Dennis Zook, COO of Southwest and Mexico Divisions and Executive VP
Robert III, VP Treasury
Jeffrey Brotman, Co-Founder and Chairman
Patrick Callans, Executive Administration
Jeffrey Raikes, Independent Director
Kenneth Denman, Director
Susan Decker, Independent Director
Pierre Riel, Executive Division
John Sullivan, General VP
Paul Moulton, CIO and Executive VP
Javier Polit, Executive Technology
Douglas Schutt, Executive Vice President COO - Merchandising
Russell Miller, Sr Operations
John Thelan, VP Traffic
James Sinegal, Co-Founder and Director
John Meisenbach, Director
John Stanton, Director
Russ Miller, Executive Vice President - Southwest Division and Mexico
Ali Moayeri, Senior Purchasing

Costco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Costco Wholesale a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Costco Wholesale

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Costco Wholesale position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Costco Wholesale will appreciate offsetting losses from the drop in the long position's value.

Moving against Costco Stock

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The ability to find closely correlated positions to Costco Wholesale could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Costco Wholesale when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Costco Wholesale - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Costco Wholesale Corp to buy it.
The correlation of Costco Wholesale is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Costco Wholesale moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Costco Wholesale Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Costco Wholesale can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Costco Wholesale Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Costco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Costco Wholesale Corp Stock. Highlighted below are key reports to facilitate an investment decision about Costco Wholesale Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costco Wholesale Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Costco Wholesale's price analysis, check to measure Costco Wholesale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Costco Wholesale is operating at the current time. Most of Costco Wholesale's value examination focuses on studying past and present price action to predict the probability of Costco Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Costco Wholesale's price. Additionally, you may evaluate how the addition of Costco Wholesale to your portfolios can decrease your overall portfolio volatility.
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Is Costco Wholesale's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Costco Wholesale. If investors know Costco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Costco Wholesale listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.188
Dividend Share
4.08
Earnings Share
15.31
Revenue Per Share
560.607
Quarterly Revenue Growth
0.057
The market value of Costco Wholesale Corp is measured differently than its book value, which is the value of Costco that is recorded on the company's balance sheet. Investors also form their own opinion of Costco Wholesale's value that differs from its market value or its book value, called intrinsic value, which is Costco Wholesale's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Costco Wholesale's market value can be influenced by many factors that don't directly affect Costco Wholesale's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Costco Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costco Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costco Wholesale's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.