BJ's Wholesale Club
BJ NYSE· Consumer Staples Merchandise Retail
Last close · Oct 26, 2026
$106.36
KIRA · Stoqly’s AI analyst, in plain words
- BJ's Wholesale Club had $21.5B of revenue in fiscal 2025, up 4.7% on the year before. Over five years, revenue changed +6.8% a year on average.
- Its operating margin was 3.8%, up 0.0 pts: of every 100 in sales, about 4 is left after running the business.
- BJ's Wholesale Club made $578M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 27.8% a year.
- Free cash flow was $328M in fiscal 2025, 1.5% of revenue.
- BJ's Wholesale Club returned $287M to shareholders in fiscal 2025, 87% of free cash flow. The diluted share count fell 1.2%.
- BJ's Wholesale Club owes $523M more than it holds in cash, about 0.5 years of operating profit.
Market cap
$13.6B
P/E
23.3x
Revenue
$21.5B
Net income
$578M
Free cash flow
$328M
Operating margin
3.8%
BJ's Wholesale Club in 30 seconds · fiscal 2025
Are sales growing?
+4.7%
Only a little. Sales grew 4.7% last year.
Does it make a profit?
2.7%
A little. It keeps 2.7% of every sale as profit.
Does profit turn into cash?
1.5%
Partly. 1.5% of sales ends up as free cash.
Is debt under control?
0.5x
Yes. It could repay its debt with 0.5 years of operating profit.
How healthy are the accounts?
8 / 9
Solid. It passes 8 of 9 health tests.
How is the share priced?
23.3x
One share costs 23.3 times its yearly profit per share. Typical for its sector: 24.7x.
What BJ's Wholesale Club does
BJ's Wholesale Club runs membership warehouse clubs, mainly in the eastern half of the United States. Shoppers pay an annual fee to buy groceries, fresh food, general merchandise and gasoline. At the end of fiscal 2025 it had 263 large-format warehouse clubs and 199 gas stations in 21 states. BJ's says it pioneered the warehouse club model in New England in 1984, and that it has far more clubs there than its closest warehouse club competitor. Membership fees are a core part of how BJ's makes money. A Club membership costs generally $60 a year and a Club+ membership generally $120. Membership fee income was $499.8 million in fiscal 2025, and it has more than 8 million paying members. The rest of its revenue comes from selling merchandise and gasoline. Its two private label brands, Wellsley Farms and Berkley Jensen, were approximately 27% of net sales excluding gasoline.
Biggest risks, in its own words
- Harm to its relationship with members, since it depends on a large and loyal membership paying annual fees.
- Weaker consumer spending when the economy slows.
- Vendors not supplying quality merchandise at the right time and price, and distribution disruptions.
- Competition, and changes to SNAP food benefit programs that some members use.
- Fiscal year ends
- January 31, 2026
- Latest annual report
- 10-K · Mar 12, 2026
- Legal name
- BJ’S WHOLESALE CLUB HOLDINGS, INC.
- CIK
- 0001531152
BJ's Wholesale Club · BJ
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $16.7B | $19.3B | $20.0B | $20.5B | $21.5B |
| Revenue growth | 8.0% | 15.9% | 3.4% | 2.7% | 4.7% |
| Gross margin | 18.5% | 17.8% | 18.2% | 18.4% | 18.6% |
| Operating margin | 3.7% | 3.8% | 4.0% | 3.8% | 3.8% |
| Net income | $427M | $513M | $524M | $534M | $578M |
| Net margin | 2.6% | 2.7% | 2.6% | 2.6% | 2.7% |
| Diluted EPS | $3.09 | $3.76 | $3.88 | $4.00 | $4.38 |
| Cash | |||||
| Cash from operations | $832M | $788M | $719M | $901M | $1.0B |
| Capital expenditure | $324M | $398M | $467M | $588M | $702M |
| Free cash flow | $508M | $390M | $252M | $313M | $328M |
| FCF margin | 3.1% | 2.0% | 1.3% | 1.5% | 1.5% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $194M | $172M | $155M | $220M | $287M |
| Share count change | −0.6% | −1.1% | −1.0% | −1.1% | −1.2% |
| Debt and strength | |||||
| Cash and short-term investments | $45.4M | $33.9M | $36.0M | $28.3M | $46.2M |
| Debt incl. finance leases | $765M | $873M | $752M | $602M | $569M |
| Shareholders' equity | $648M | $1.0B | $1.5B | $1.8B | $2.2B |
| Net debt / EBITDA | 0.9x | 0.9x | 0.7x | 0.6x | 0.5x |
| Current ratio | 0.8x | 0.7x | 0.7x | 0.7x | 0.8x |
| Interest coverage | 13.7x | 19.7x | 13.8x | 18.1x | 25.6x |
| Returns and quality | |||||
| Return on capital | 34.2% | 33.8% | 28.1% | 24.9% | 23.7% |
| Return on equity | 88.2% | 60.6% | 41.8% | 32.3% | 28.6% |
| Piotroski F-score | 7 | 6 | 7 | 7 | 8 |
| Altman Z'' | 0.4 | 0.5 | 1.0 | 1.3 | 1.1 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$39.9M
6 insiders
Of sales under plans
89%
$35.5M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
BJ's Wholesale Club · BJ
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| BJ's Wholesale Club BJ | $13.6B | 4.7% | 3.8% | 1.5% | 23.7% | 23.3x | 8 |
| Dollar Tree DLTR | $23.8B | 10.4% | 8.5% | 5.4% | 21.4% | 15.3x | 9 |
| Dollar General DG | $28.4B | 5.2% | 5.2% | 5.6% | 13.8% | 16.7x | 7 |
| PriceSmart PSMT | $5.2B | 7.3% | 4.4% | 2.0% | 15.4% | 33.2x | 7 |
| Target TGT | $67.8B | −1.7% | 4.9% | 2.7% | 15.0% | 15.4x | 6 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $106.36 a share, the company is worth $13.6B: 23.3 times its earnings of the last four quarters.
BJ's Wholesale Club grew sales faster than 1 of its 4 similar companies. Its P/E is higher than 3 of 4.
Source: SEC EDGAR XBRL filings (CIK 0001531152). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.