Costco Wholesale Corporation, is a retail powerhouse, traces its roots to the innovative Price Club founded in 1976.
In 1983, Jim Sinegal and Jeffrey Brotman opened the first Costco warehouse, pioneering a global membership-only big-box retail model.
The company went public in 1985 and, in 1993, merged with Price Club, solidifying its market presence.
By charging annual fees, the company opens up access to discounted bulk-sized necessities spanning groceries to electronics.
Emerging as the 3rd largest global retailer, Costco’s winning formula adheres to bulk buying for budget-savvy families and businesses with a curated product mix.
Costco’s share price journey mirrors a captivating saga – evolving from a staggering 27,000% return for early investors to a testing period from 2000 to 2009, where patience was key.
In a remarkable twist, the share price plummeted by 56% in May 2000 during the dot-com crisis, halving investors’ wealth.
Yet, resilience prevailed, leading to an upward trend that delivered an impressive 1500% return.
A company with a history as rich as its share price movements, Costco’s story presents investors with peaks, troughs, and a resilient climb toward impressive returns.
Costco Wholesale Share Price History
Year | Share Price | Gain / Loss |
---|---|---|
1993 | $ 9.30 | |
1994 | $ 6.20 | - 33.3% |
1995 | $ 7.30 | + 17.7% |
1996 | $ 12.20 | + 67.1% |
1997 | $ 21.60 | + 77.0% |
1998 | $ 34.90 | + 61.6% |
1999 | $ 44.20 | + 26.6% |
2000 | $ 38.70 | - 12.4% |
2001 | $ 43.00 | + 11.1% |
2002 | $ 27.20 | - 36.7% |
2003 | $ 36.00 | + 32.4% |
2004 | $ 46.90 | + 30.3% |
2005 | $ 47.90 | + 2.1% |
2006 | $ 51.20 | + 6.9% |
2007 | $ 67.50 | + 31.8% |
2008 | $ 50.80 | - 24.7% |
2009 | $ 57.30 | + 12.8% |
2010 | $ 67.20 | + 17.3% |
2011 | $ 77.50 | + 15.3% |
2012 | $ 89.50 | + 15.5% |
2013 | $ 107.90 | + 20.6% |
2014 | $ 128.50 | + 19.1% |
2015 | $ 151.30 | + 17.7% |
2016 | $ 149.90 | - 0.9% |
2017 | $ 181.40 | + 21.0% |
2018 | $ 198.50 | + 9.4% |
2019 | $ 286.40 | + 44.3% |
2020 | $ 376.80 | + 31.6% |
2021 | $ 567.70 | + 50.7% |
2022 | $ 456.50 | - 19.6% |
2023 | $ 660.10 | + 44.6% |
2024 | $ 877.38 | + 32.9% |
Costco Wholesale Share Price Chart
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- During 1993, the share price of Costco Wholesale was $ 9.3.
- If you had bought shares worth $ 2500 in 1993, you would have 2688 shares today.
- At the end of 2024, the current value of your shares would be $ 2358548.
Costco Wholesale Share Returns
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