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Operates membership warehouse clubs mainly in the Eastern US, selling groceries and general merchandise plus gas stations.
Operates membership warehouse clubs mainly in the Eastern US, selling groceries and general merchandise plus gas stations.
Earns a thin margin on bulk goods plus annual membership fees that renew year after year; the fees are the steadier, higher-profit piece, while groceries bring most of the shopping volume. Own-label lines such as Wellsley Farms give members a lower-cost product. It returned to the stock market in 2018 after years under private-equity owners.
Moat: narrow (cost advantage, scale). Membership renewal economics and bulk-buying scale support loyalty, though it is smaller and more regional than Costco/Sam's Club.
Headquarters: Marlborough, Massachusetts, United States · Founded: 1984 · Employees: 35,000
Size BJ's Wholesale Club (BJ) is a United States Consumer Discretionary company (Specialty Stores) with a market value of $13.8B, the 641st largest of 3,117 United States companies the cockpit tracks. Shares closed at $109.40 on 6 Nov 2026.
Performance Over six months the shares gained 17.7%, against +20.9% for the median peer and -1.1% for the United States market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 9.1% over the last twelve months (peer median +5.1%); the operating margin is 3.9% (peer median 5.1%).
Valuation It trades at 22.4× forward earnings against a peer median of 17.1× (5th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.2 points above its cost of capital (6.2% WACC).
Short interest Short interest is 8.2% of the free float (15 Oct 2026).
Next results Next results expected around 20 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $22.8B | $21.5B | $20.5B | $20.0B | $19.3B |
| Revenue growth | — | +5% | +3% | +3% | — |
| Gross profit | $4.16B | $3.99B | $3.76B | $3.63B | $3.42B |
| EBITDA | $1.20B | $1.14B | $1.07B | $1.05B | $976M |
| Net income | $594M | $578M | $534M | $524M | $513M |
| Free cash flow | $277M | $328M | $313M | $252M | $390M |
| Capital expenditure | $836M | $702M | $588M | $467M | $398M |
| Total debt | $2.77B | $2.74B | $2.85B | $2.99B | $3.12B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| BJ's Wholesale Club BJ | $13.8B | +18% | +9% | 4% | 22.4× | -0.7% |
| Costco COST | $467B | +4% | +10% | 4% | 46.2× | 19.9% |
| Walmart WMT | $996B | -4% | +6% | 4% | 41.8× | 14.7% |
| Koninklijke Ahold Delhaize AD.AS | $33.3B | -6% | 0% | 4% | 12.7× | -7.0% |
| Kroger KR | $40.0B | +4% | +2% | 3% | 13.1× | -6.0% |
| Albertsons Companies ACI | $6.02B | -20% | +2% | 2% | 7.0× | -3.0% |
| Target TGT | $72.0B | +28% | +2% | 6% | 17.1× | 4.1% |
| Weis Markets WMK | $1.92B | +10% | +4% | 2% | n/a | 4.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BJ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.5% | +5.4% | 6th highest of 21 |
| 6-month return | +17.7% | +20.9% | 10th lowest of 21 |
| Distance from 52-week high | -3.5% | -15.3% | 2nd highest of 21 |
| Revenue growth (TTM) | +9.1% | +5.1% | 8th highest of 21 |
| Operating margin | 3.9% | 5.1% | 7th lowest of 21 |
| Forward P/E | 22.4× | 17.1× | 5th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | -0.7% | 7.5% | 4th least demanding of 17 |
| Growth delivered (Del g) | +6.8% | +8.6% | 8th lowest of 17 |
| Hurdle (Req g minus delivered) | -7.5 pp | -1.9 pp | 5th least demanding of 17 |
| ROIC minus cost of capital | +8.2 pp | +2.3 pp | 8th highest of 20 |
| EV / EBITDA | 13.8× | 11.2× | 5th most expensive of 17 |
| Net debt / EBITDA | 2.3× | 2.5× | 11th least indebted of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| BJ's Wholesale Club BJ | United States | $13.8B | +18% | +9% | 4% | 22.4× | -0.7% | +6.8% |
| Penske Automotive PAG | United States | $13.9B | +22% | +6% | 3% | 15.2× | 12.6% | +9.2% |
| Dick's Sporting Goods DKS | United States | $12.5B | -35% | +54% | 6% | 11.8× | 8.7% | +12.4% |
| Wayfair W | United States | $15.3B | +69% | +8% | 2% | 29.6× | 47.7% | -2.5% |
| Nitori 9843.T | Japan | $11.7B | +47% | 0% | 13% | 20.0× | 2.7% | +4.9% |
| Carrefour CA.PA | France | $11.1B | -21% | -8% | 3% | 8.4× | -1.2% | +3.1% |
| Tractor Supply TSCO | United States | $18.9B | +20% | +4% | 9% | 18.0× | 4.1% | +7.9% |
| Sanrio 8136.T | Japan | $9.78B | +33% | +28% | 39% | 22.4× | 1.9% | +36.4% |
| Murphy USA MUSA | United States | $9.45B | -10% | +20% | 4% | 17.5× | -9.4% | +11.5% |
| CarMax KMX | United States | $7.31B | +28% | +4% | 2% | 15.5× | 17.6% | +6.7% |
| Pepco Group BV PCO.WA | Poland | $7.18B | +58% | -42% | 15% | 16.8× | 4.6% | +4.5% |
| Ulta Beauty ULTA | United States | $27.6B | +24% | +11% | 13% | 21.1× | 7.1% | +15.0% |
| Lithia Motors LAD | United States | $6.68B | +5% | +1% | 4% | 8.0× | n/a | n/a |
| Kalyan Jewellers India KALYANKJIL.NS | India | $6.47B | +44% | +46% | 6% | 37.6× | n/a | n/a |
| Williams-Sonoma WSM | United States | $29.9B | +40% | +2% | 19% | 25.6× | 15.4% | +2.9% |
| Ultrapar Participacoes S.A. Sponsored ADR UGP | United States | $6.12B | -11% | +20% | 5% | 7.0× | -12.6% | +12.2% |
| AutoNation AN | United States | $5.88B | -11% | -2% | 5% | 8.3× | n/a | n/a |
| Frasers FRAS.L | United Kingdom | $5.64B | +44% | +8% | 7% | 9.1× | n/a | n/a |
| Rush Enterprises RUSHA | United States | $5.54B | +6% | -3% | 5% | 15.4× | 7.9% | +9.4% |
| PriceSmart PSMT | United States | $5.02B | +3% | +12% | 5% | 27.2× | 10.5% | +10.2% |
| Endeavour EDV.AX | Australia | $4.48B | +10% | +1% | 4% | 21.4× | 14.9% | +1.0% |