What is ROE for Costco Wholesale in the second quarter 2024?
Costco Wholesale Corp achieved a return on average equity (ROE) of
28.45 % in its second quarter 2024, this is above COST's average return on equity of 19.32%.
Costco Wholesale Corps equity during the 12 months ending in the second quarter 2024 are valued at $23 billion
ROE has advanced compared to 26.51% in the first quarter 2024, due to net income growth.
Within the
Wholesale industry Costco Wholesale Corp achieved the highest return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
1, from total ROE ranking in the first quarter 2024 at
556.
What is ROE?