# Costco Wholesale (COST.US)

Canonical: https://gigainvestors.com/s/COST

Analysis as of: 2026-10-16T07:27:39.808Z. Financial observations: FY1997–FY2026.

Listing currency: USD. Reporting currency: USD.

## Verdict

A wonderful business at too high a price

Quality tests for Buy: pass (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $978.01 per share; close as of 2026-10-15.

Estimated value: low $290.18 per share, central $407.53 per share, high $472.98 per share. Buy at or below the central value $407.53 per share. Valuation as of 2026-10-16T07:27:39.808Z; scenarios are not confidence intervals.

Expected annual return: 5.9% at the stated quote. About 5.9% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: pass

- 0 revenue declines in the last 10 years (informational)

- Financial history: 10 years

- Years with declining revenue: 0

- Years with a net loss: 0

- Operating margin variation: 0.07×

Chart: Operating margin; fiscal year observations.

- FY2017: 0.03×

- FY2018: 0.03×

- FY2019: 0.03×

- FY2020: 0.03×

- FY2021: 0.03×

- FY2022: 0.03×

- FY2023: 0.03×

- FY2024: 0.04×

- FY2025: 0.04×

- FY2026: 0.04×

### moat: pass

- ROIC, median of available years: 30.6%

- ROIC, second-lowest year: 25.0%

- Typical minus recent gross margin: 0.0 pp

- Typical gross margin (annual median): 12.9%

- Recent gross margin (lower of latest and 3-year median): 12.8%

- Years with nonpositive capital: 0

- Capital spending / revenue: 1.9%

- ROIC including acquisitions, ten-year median: 23.4%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2017: 23.7%

- FY2018: 25.0%

- FY2019: 27.7%

- FY2020: 27.3%

- FY2021: 32.3%

- FY2022: 30.1%

- FY2023: 31.1%

- FY2024: 32.8%

- FY2025: 33.6%

- FY2026: 38.1%

### economics: pass

- Owner earnings / net income, 5-yr: 0.95×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $35B

- Net income, five-year total: $37B

- Return on incremental invested capital: 34.0%

- Working capital / revenue, annual change: -0.1 pp

- Working capital / revenue, change between three-year averages: -0.5 pp

- Working capital / revenue, final three-year average: 0.5%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2022: 1.00×

- FY2023: 0.97×

- FY2024: 0.88×

- FY2025: 0.94×

- FY2026: 0.97×

### management: pass

- Historical market-dollar context (not the management verdict): 2017 to 2026 (9 years)

- buybacks leaned toward cheaper years (informational)

- ROIC first 3 years vs last 3 years: 25.0% vs 33.6%

- Per-share earnings: 6.08 to 18.21 (three-year endpoint medians)

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: 0.1%

- Ordinary dilution, 5-year annual growth: 0.0%

- Market cap gain: $351B

- Cumulative retained earnings: $23B

- Diluted shares, 10-year annual growth: 0.1%

- Diluted shares, 5-year annual growth: 0.0%

- $1 test, starting fiscal year: FY2017

- $1 test, ending fiscal year: FY2026

- Per-share value growth: 14.7%

- Per-share value change: $12.13

- Per-share value, starting three-year median: $6.08

- Per-share value, ending three-year median: $18.21

- Buybacks concentrated in cheaper years (correlation): 0.45

- Average buyback yield: 0.3%

- Buyback history: 10 years

- Debt-funded buybacks: No

- Acquisition spending: $2.0B

- Cumulative net income, 10 years: $55B

- ROIC, first three-year median: 25.0%

- ROIC, last three-year median: 33.6%

Chart: Earnings per share; fiscal year observations.

- FY2017: $6.08

- FY2018: $7.09

- FY2019: $8.26

- FY2020: $9.02

- FY2021: $11.27

- FY2022: $13.14

- FY2023: $14.16

- FY2024: $16.56

- FY2025: $18.21

- FY2026: $20.76

### accounting: pass

- Sloan accruals: -7.4%

- Receivables to sales index (DSRI): 1.12×

- Restructuring years, last five: 0

- Stock compensation / operating cash flow: 5.8%

- Earnings backed by cash: Yes

- Operating cash / earnings: 1.72×

- Accounting red flags: 0

- Goodwill and intangibles / equity: 0.00×

Chart: Sloan accruals; fiscal year observations.

- FY2017: -11.1%

- FY2018: -6.5%

- FY2019: -5.9%

- FY2020: -8.7%

- FY2021: -6.7%

- FY2022: -2.4%

- FY2023: -6.9%

- FY2024: -5.7%

- FY2025: -6.8%

- FY2026: -7.4%

## Holders

- [Thomas Russo](https://gigainvestors.com/GR): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Bill Nygren](https://gigainvestors.com/HA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [David Katz](https://gigainvestors.com/MAVFX): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Thomas Gayner](https://gigainvestors.com/MKL): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Andrew Adams](https://gigainvestors.com/MPF): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Christopher Bloomstran](https://gigainvestors.com/SA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Robert Torray](https://gigainvestors.com/T): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Price needs cash profits to grow 19.2% a year for ten years · sales +10.1%

Story as of 2026-10-16T09:58:33.303Z; price observation 2026-10-15.

Price needs cash profits to grow 19.2% a year for ten years

- 2025-05-29: Costco earnings top estimates despite tariffs ([finance.yahoo.com](https://finance.yahoo.com/video/costco-earnings-top-estimates-despite-203925382.html))

- 2026-01-08: Costco Rallies on Strong December Sales and Tariff Relief Hopes ([finance.yahoo.com](https://finance.yahoo.com/news/costco-rallies-strong-december-sales-170806823.html))

- 2026-02-05: Costco Set Up for Favorable Comparable Sales Outlook, UBS Says ([finance.yahoo.com](https://finance.yahoo.com/news/costco-set-favorable-comparable-sales-200515848.html))

- 2026-06-25: Costco (COST) Faces Slower Warehouse Traffic As Membership Growth Questions Build ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/costco-cost-faces-slower-warehouse-060811268.html))

- 2026-09-15: Costco Wholesale Q4 Gross Margin Pressure Likely Offset by Tariff Refunds, RBC Says ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/costco-wholesale-q4-gross-margin-145947053.html))

- 2026-10-08: Costco's September Sales Rise 13% on Strong Comps, Digital Growth ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/costcos-september-sales-rise-13-144800980.html))

### Sales · FY2025–2026

sales +10.1%; source https://www.sec.gov/Archives/edgar/data/909832/000090983226000093/cost-20260830.htm; observed 2026-10-07.

- FY2017: $129B 

- FY2018: $142B 

- FY2019: $153B 

- FY2020: $167B 

- FY2021: $196B 

- FY2022: $227B 

- FY2023: $242B 

- FY2024: $254B 

- FY2025: $275B 

- FY2026: $303B 

### Gross margin · FY2026

gross margin 12.8%; source https://www.sec.gov/Archives/edgar/data/909832/000090983226000093/cost-20260830.htm; observed 2026-10-07.

- FY2017: 13.3% 

- FY2018: 13.0% 

- FY2019: 13.0% 

- FY2020: 13.1% 

- FY2021: 12.9% 

- FY2022: 12.1% 

- FY2023: 12.3% 

- FY2024: 12.6% 

- FY2025: 12.8% 

- FY2026: 12.8% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in discount stores; annual sales are USD 303.2 billion.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2026: revenue 303154000000; grossProfit 38875000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); COST.US: Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Sweden, Iceland, and New Zealand. It offers merchandise, including sundries, dry groceries, candies, coolers, freezers, liquor, and tobacco; non-food merchandise comprising consumer electronics, appliances, small electrics, health and beauty aids, hardware, lawn and garden, sporting goods, tires, toys and seasonal, automotive, stamps, tickets, apparel, furniture, domestics, housewares, special order kiosks, and jewelry; and fresh food, such as meat, produce, deli, and bakery products. The company is also involved in warehouse ancillary operations, which include gasoline, pharmacies, food courts, optical, hearing aids, and tire installation centers. In addition, it engages in e-commerce, business centers, travel, and other businesses. Further, the company operates e-commerce sites; and offers branded and private-label products in various categories. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.

### Why customers stay

Margins ranged from 12.6% to 12.8% during 2024–26; it earns 30.6% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2024: grossProfit / revenue = 12.6%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2025: grossProfit / revenue = 12.8%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2026: grossProfit / revenue = 12.8%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); 10-year return on capital observations [[2017,0.23695147470848538],[2018,0.2501322677074513],[2019,0.2767557029306374],[2020,0.27262901195143113],[2021,0.32280311528841055],[2022,0.30142213567986403],[2023,0.31062012320548427],[2024,0.32766545495724175],[2025,0.33640598329587346],[2026,0.38130496309432144]]; median 0.3060211294426741. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Can it raise prices

Kept about a 12% gross margin through 2022 cost inflation.

- Source: https://www.sec.gov/Archives/edgar/data/909832/000090983226000093/cost-20260830.htm (filed 2026-10-07); Gross margin observations: [[2021,0.12884769482822858],[2022,0.12148717361227385],[2023,0.12259688802674482]]; range within 2 percentage points.

### Where the cash goes

Spends 38.7% of cash earnings on expansion; earns 34% on new investment.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2017: growth capex 1132000000; upkeep 1370000000; owner earnings 2679000000. Growth capex / owner earnings = 0.4225457260171706.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2018: growth capex 1532000000; upkeep 1437000000; owner earnings 3134000000. Growth capex / owner earnings = 0.48883216336949586.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2019: growth capex 1506000000; upkeep 1492000000; owner earnings 3659000000. Growth capex / owner earnings = 0.41158786553703197.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2020: growth capex 1165000000; upkeep 1645000000; owner earnings 4002000000. Growth capex / owner earnings = 0.29110444777611194.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2021: growth capex 1807000000; upkeep 1781000000; owner earnings 5007000000. Growth capex / owner earnings = 0.3608947473537048.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2022: growth capex 1991000000; upkeep 1900000000; owner earnings 5844000000. Growth capex / owner earnings = 0.34069130732375086.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2023: growth capex 2027683253.2280383; upkeep 2295316746.7719617; owner earnings 6073683253.228039. Growth capex / owner earnings = 0.33384738200668695.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2024: growth capex 1577942770.1792593; upkeep 3132057229.8207407; owner earnings 6471942770.179259. Growth capex / owner earnings = 0.2438128435637501.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2025: growth capex 2606116351.6161046; upkeep 2891883648.3838954; owner earnings 7633116351.616104. Growth capex / owner earnings = 0.34142232760074864.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2026: growth capex 3455252396.8544273; upkeep 2979747603.1455727; owner earnings 8920252396.854427. Growth capex / owner earnings = 0.3873491738947726.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); Incremental return on capital 0.34041771023588896, from the economics test's unchanged annual inputs.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); Dividend observations: [[2017,3904000000],[2018,689000000],[2019,1038000000],[2020,1479000000],[2021,5748000000],[2022,1498000000],[2023,1251000000],[2024,9041000000],[2025,2183000000],[2026,2458000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); FY2026: cash repurchases 848000000 USD.

### Are managers owners

Insiders own 0.1% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); COST.US SharesStats.PercentInsiders = 0.083 percentage points; cache date 2026-10-16.

### What could break it

"We are highly dependent on the financial performance of our U.S. and Canadian operations." (SEC filing, Oct 2025)

- Source: https://www.sec.gov/Archives/edgar/data/909832/000090983225000101/cost-20250831.htm (filed 2025-10-08); We are highly dependent on the financial performance of our U.S. and Canadian operations.

### What the price says

The price assumes cash profits grow 19.2% yearly over ten years; actual growth was 21.2%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-07); Ten-year compound average after fade. Initial solved rate 0.3642569836081334. Price 978.01; FX 1; discount 0.1; same compounder ten-year fade to terminal 0.03. FY2016 owner earnings/share 2.932334977010797 → FY2026 20.07420132336199. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $147.87 per share

- 2016-11: $150.11 per share

- 2016-12: $160.11 per share

- 2017-01: $163.95 per share

- 2017-02: $177.18 per share

- 2017-03: $167.69 per share

- 2017-04: $177.52 per share

- 2017-05: $180.43 per share

- 2017-06: $159.93 per share

- 2017-07: $158.51 per share

- 2017-08: $156.74 per share

- 2017-09: $164.29 per share

- 2017-10: $161.08 per share

- 2017-11: $184.43 per share

- 2017-12: $186.12 per share

- 2018-01: $194.87 per share

- 2018-02: $190.90 per share

- 2018-03: $188.43 per share

- 2018-04: $197.16 per share

- 2018-05: $198.24 per share

- 2018-06: $208.98 per share

- 2018-07: $218.71 per share

- 2018-08: $233.13 per share

- 2018-09: $234.88 per share

- 2018-10: $228.63 per share

- 2018-11: $231.28 per share

- 2018-12: $203.71 per share

- 2019-01: $214.63 per share

- 2019-02: $218.74 per share

- 2019-03: $242.14 per share

- 2019-04: $245.53 per share

- 2019-05: $239.58 per share

- 2019-06: $264.26 per share

- 2019-07: $275.63 per share

- 2019-08: $294.76 per share

- 2019-09: $288.11 per share

- 2019-10: $297.11 per share

- 2019-11: $299.81 per share

- 2019-12: $293.92 per share

- 2020-01: $305.52 per share

- 2020-02: $281.14 per share

- 2020-03: $285.13 per share

- 2020-04: $303.00 per share

- 2020-05: $308.47 per share

- 2020-06: $303.21 per share

- 2020-07: $325.53 per share

- 2020-08: $347.66 per share

- 2020-09: $355.00 per share

- 2020-10: $357.62 per share

- 2020-11: $391.77 per share

- 2020-12: $376.78 per share

- 2021-01: $352.43 per share

- 2021-02: $331.00 per share

- 2021-03: $352.48 per share

- 2021-04: $372.09 per share

- 2021-05: $378.27 per share

- 2021-06: $395.67 per share

- 2021-07: $429.72 per share

- 2021-08: $455.49 per share

- 2021-09: $449.35 per share

- 2021-10: $491.54 per share

- 2021-11: $539.38 per share

- 2021-12: $567.70 per share

- 2022-01: $505.13 per share

- 2022-02: $519.25 per share

- 2022-03: $575.85 per share

- 2022-04: $531.72 per share

- 2022-05: $466.22 per share

- 2022-06: $479.28 per share

- 2022-07: $541.30 per share

- 2022-08: $522.10 per share

- 2022-09: $472.27 per share

- 2022-10: $501.50 per share

- 2022-11: $539.25 per share

- 2022-12: $456.50 per share

- 2023-01: $511.14 per share

- 2023-02: $484.18 per share

- 2023-03: $496.87 per share

- 2023-04: $503.22 per share

- 2023-05: $511.56 per share

- 2023-06: $538.38 per share

- 2023-07: $560.67 per share

- 2023-08: $549.28 per share

- 2023-09: $564.96 per share

- 2023-10: $552.44 per share

- 2023-11: $592.74 per share

- 2023-12: $660.08 per share

- 2024-01: $694.88 per share

- 2024-02: $743.89 per share

- 2024-03: $732.63 per share

- 2024-04: $722.90 per share

- 2024-05: $809.89 per share

- 2024-06: $849.99 per share

- 2024-07: $822.00 per share

- 2024-08: $892.38 per share

- 2024-09: $886.52 per share

- 2024-10: $874.18 per share

- 2024-11: $971.88 per share

- 2024-12: $916.27 per share

- 2025-01: $979.88 per share

- 2025-02: $1,048.61 per share

- 2025-03: $945.78 per share

- 2025-04: $994.50 per share

- 2025-05: $1,040.18 per share

- 2025-06: $989.94 per share

- 2025-07: $939.64 per share

- 2025-08: $943.32 per share

- 2025-09: $925.63 per share

- 2025-10: $911.45 per share

- 2025-11: $913.59 per share

- 2025-12: $862.34 per share

- 2026-01: $940.25 per share

- 2026-02: $1,010.79 per share

- 2026-03: $996.43 per share

- 2026-04: $1,014.53 per share

- 2026-05: $956.32 per share

- 2026-06: $935.47 per share

- 2026-07: $951.89 per share

- 2026-08: $943.89 per share

- 2026-09: $910.34 per share

- 2026-10: $954.63 per share

## Annual estimated value (USD per share)

- FY2017: low $72.04 per share, central $98.04 per share, high $113.80 per share

- FY2018: low $87.44 per share, central $117.50 per share, high $136.11 per share

- FY2019: low $118.37 per share, central $166.06 per share, high $192.66 per share

- FY2020: low $130.48 per share, central $163.31 per share, high $187.28 per share

- FY2021: low $160.64 per share, central $210.42 per share, high $243.38 per share

- FY2022: low $178.90 per share, central $235.93 per share, high $273.94 per share

- FY2023: low $207.52 per share, central $272.59 per share, high $315.44 per share

- FY2024: low $205.60 per share, central $267.93 per share, high $311.40 per share

- FY2025: low $251.60 per share, central $356.94 per share, high $415.70 per share

- FY2026: low $289.37 per share, central $406.40 per share, high $471.67 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/909832/000090983226000093/cost-20260830.htm); period 2026-08-30, filed 2026-10-07.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Thomas Russo](https://gigainvestors.com/GR): 3,399 COST shares; USD 3,180,000 reported position value; 0.04% of portfolio; reduce; quarter 2026 Q2.
- [Bill Nygren](https://gigainvestors.com/HA): 358 COST shares; USD 335,000 reported position value; 0% of portfolio; reduce; quarter 2026 Q2.
- [David Katz](https://gigainvestors.com/MAVFX): 551 COST shares; USD 501,000 reported position value; 0.04% of portfolio; hold; quarter 2026 Q3.
- [Thomas Gayner](https://gigainvestors.com/MKL): 39,150 COST shares; USD 36,624,000 reported position value; 0.28% of portfolio; hold; quarter 2026 Q2.
- [Andrew Adams](https://gigainvestors.com/MPF): 2,963 COST shares; USD 2,772,000 reported position value; 0.03% of portfolio; hold; quarter 2026 Q2.
- [Christopher Bloomstran](https://gigainvestors.com/SA): 3,354 COST shares; USD 3,138,000 reported position value; 0.35% of portfolio; reduce; quarter 2026 Q2.
- [Robert Torray](https://gigainvestors.com/T): 628 COST shares; USD 587,000 reported position value; 0.09% of portfolio; hold; quarter 2026 Q2.

# COST — Costco Co.

Held by 1 investor · USD 501,000 total · 2026 Q3 · reported price USD 909.26 (split-adjusted).
Page: https://gigainvestors.com/s/COST

## Holders (2026 Q3)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| David Katz (https://gigainvestors.com/MAVFX) | USD 501,000 | <0.1% | hold |

## Total held by quarter

- 2006 Q4: USD 277,778,980 · 1 holder · USD 52.87
- 2007 Q1: USD 282,875,360 · 1 holder · USD 53.84
- 2007 Q2: USD 592,924,640 · 2 holders · USD 58.52
- 2007 Q3: USD 621,800,840 · 2 holders · USD 61.37
- 2007 Q4: USD 724,248,320 · 2 holders · USD 69.76
- 2008 Q1: USD 674,518,540 · 2 holders · USD 64.97
- 2008 Q2: USD 728,639,504 · 3 holders · USD 70.14
- 2008 Q3: USD 707,305,216 · 3 holders · USD 64.93
- 2008 Q4: USD 598,706,997 · 4 holders · USD 52.50
- 2009 Q1: USD 528,196,192 · 4 holders · USD 46.32
- 2009 Q2: USD 522,417,943 · 4 holders · USD 45.78
- 2009 Q3: USD 643,618,194 · 4 holders · USD 56.38
- 2009 Q4: USD 676,133,998 · 4 holders · USD 59.17
- 2010 Q1: USD 628,289,773 · 4 holders · USD 59.71
- 2010 Q2: USD 577,297,292 · 4 holders · USD 54.83
- 2010 Q3: USD 678,927,403 · 4 holders · USD 64.49
- 2010 Q4: USD 760,201,211 · 4 holders · USD 72.21
- 2011 Q1: USD 771,886,932 · 4 holders · USD 73.32
- 2011 Q2: USD 855,265,054 · 4 holders · USD 81.24
- 2011 Q3: USD 864,502,837 · 4 holders · USD 82.13
- 2011 Q4: USD 876,469,632 · 4 holders · USD 83.32
- 2012 Q1: USD 955,117,690 · 4 holders · USD 90.80
- 2012 Q2: USD 999,277,636 · 4 holders · USD 95.00
- 2012 Q3: USD 1,052,299,155 · 4 holders · USD 100.16
- 2012 Q4: USD 432,409,905 · 3 holders · USD 98.73
- 2013 Q1: USD 464,731,989 · 3 holders · USD 106.11
- 2013 Q2: USD 484,242,896 · 3 holders · USD 110.57
- 2013 Q3: USD 504,319,297 · 3 holders · USD 115.16
- 2013 Q4: USD 521,130,936 · 3 holders · USD 119.02
- 2014 Q1: USD 489,071,088 · 3 holders · USD 111.68
- 2014 Q2: USD 504,171,937 · 3 holders · USD 115.15
- 2014 Q3: USD 548,653,945 · 3 holders · USD 125.33
- 2014 Q4: USD 620,584,057 · 3 holders · USD 141.75
- 2015 Q1: USD 663,269,620 · 3 holders · USD 151.50
- 2015 Q2: USD 591,294,948 · 3 holders · USD 135.06
- 2015 Q3: USD 633,022,134 · 3 holders · USD 144.56
- 2015 Q4: USD 707,153,255 · 3 holders · USD 161.50
- 2016 Q1: USD 690,004,382 · 3 holders · USD 157.58
- 2016 Q2: USD 687,658,508 · 3 holders · USD 157.03
- 2016 Q3: USD 667,823,097 · 3 holders · USD 152.51
- 2016 Q4: USD 701,123,832 · 3 holders · USD 160.11
- 2017 Q1: USD 734,314,802 · 3 holders · USD 167.69
- 2017 Q2: USD 700,334,811 · 3 holders · USD 159.93
- 2017 Q3: USD 719,209,140 · 3 holders · USD 164.29
- 2017 Q4: USD 814,774,591 · 3 holders · USD 186.13
- 2018 Q1: USD 824,915,754 · 3 holders · USD 188.43
- 2018 Q2: USD 914,880,051 · 3 holders · USD 208.98
- 2018 Q3: USD 1,032,862,196 · 4 holders · USD 234.88
- 2018 Q4: USD 895,734,283 · 4 holders · USD 203.73
- 2019 Q1: USD 1,064,716,341 · 4 holders · USD 242.16
- 2019 Q2: USD 1,161,986,519 · 4 holders · USD 264.26
- 2019 Q3: USD 1,266,906,361 · 4 holders · USD 288.11
- 2019 Q4: USD 1,292,365,061 · 4 holders · USD 293.92
- 2020 Q1: USD 1,253,676,608 · 4 holders · USD 285.15
- 2020 Q2: USD 1,333,243,043 · 4 holders · USD 303.22
- 2020 Q3: USD 21,930,808 · 3 holders · USD 354.97
- 2020 Q4: USD 19,330,968 · 3 holders · USD 376.78
- 2021 Q1: USD 18,047,753 · 3 holders · USD 352.47
- 2021 Q2: USD 20,206,825 · 3 holders · USD 395.70
- 2021 Q3: USD 22,432,857 · 3 holders · USD 449.37
- 2021 Q4: USD 28,335,088 · 3 holders · USD 567.64
- 2022 Q1: USD 29,026,889 · 4 holders · USD 575.88
- 2022 Q2: USD 24,063,812 · 4 holders · USD 479.33
- 2022 Q3: USD 23,932,999 · 5 holders · USD 472.26
- 2022 Q4: USD 23,066,002 · 5 holders · USD 456.50
- 2023 Q1: USD 24,728,066 · 5 holders · USD 496.86
- 2023 Q2: USD 26,792,985 · 5 holders · USD 538.26
- 2023 Q3: USD 28,076,212 · 5 holders · USD 564.97
- 2023 Q4: USD 33,300,145 · 5 holders · USD 660.00
- 2024 Q1: USD 40,127,056 · 6 holders · USD 732.70
- 2024 Q2: USD 45,808,093 · 6 holders · USD 849.99
- 2024 Q3: USD 47,363,857 · 7 holders · USD 886.57
- 2024 Q4: USD 48,940,960 · 7 holders · USD 916.27
- 2025 Q1: USD 49,358,914 · 7 holders · USD 945.83
- 2025 Q2: USD 52,238,186 · 8 holders · USD 989.94
- 2025 Q3: USD 48,542,032 · 8 holders · USD 925.61
- 2025 Q4: USD 45,050,010 · 8 holders · USD 862.50
- 2026 Q1: USD 51,467,850 · 7 holders · USD 996.42
- 2026 Q2: USD 47,151,000 · 7 holders · USD 935.54
- 2026 Q3: USD 501,000 · 1 holder · USD 909.26