COSTCO SG&A Expenses

SG&A Expenses of Costco wholesale 2005-2018

The following table shows the selling general and administrative expenses of Costco from 2005 to 2018 (amounts in million dollars).

Selling, General and Administrative Expenses of Costco Wholesale 2005-2017 (in Million Dollars)
YearSG&A Expenses (Mn $)
2018$ 13,876
2017 $                    12,950 
2016 $                    12,068 
2015 $                    11,445 
2014 $                    10,899 
2013 $                    10,104 
2012 $                       9,518 
2011 $                       8,691 
2010 $                       7,848 
2009 $                       7,252 
2008 $                       6,954 
2007 $                       6,226 
2006 $                       5,732 
2005 $                       5,532 

The selling, general and administrative expenses of Costco wholesale mainly include the salaries, benefits and workers’ compensation costs for warehouse employees as well as regional and home office employees, including buying personnel.  Apart from these they include substantially all building and equipment depreciation, credit and debit card processing fees, utilities, and stock-based compensation expense, as well as other operating costs incurred to support warehouse operations. In 2017, Costco’s SG&A expenses as a percentage of net sales decreased by 14 basis points to 10.26% from 10.40% in 2016. Total SG&A expenses of Costco amounted to 12.95 Billion dollars in 2017 having increased from 12.06 Billion dollars in 2016.

Sources:

Data sourced from annual reports of Costco Wholesale’s Annual reports available on its investors website.

Abhijeet Pratap

Abhijeet has been blogging on educational topics and business research since 2016. He graduated with a Hons. in English literature from BRABU and an MBA from the Asia-Pacific Institute of Management, New Delhi. He likes to blog and share his knowledge and research in business management, marketing, literature and other areas with his readers.