BJ (BJ's Wholesale Club Holdings, Inc.) Stock Financials & Earnings | Market Cap Arena

BJ (BJ's Wholesale Club Holdings, Inc.) Stock Financials & Earnings | Market Cap Arena

BJBJ's Wholesale Club Holdings, Inc.

Mkt Cap$13B

Consumer Defensive·Discount Stores·🇺🇸 United States·NYSE

Revenue (TTM)$21.5B

Net Income (TTM)$578M

EPS (TTM)$4.38

Free Cash Flow (TTM)$337M

Gross Margin18.6%

Op. Margin3.9%

Net Margin2.7%

FCF Margin1.6%

P/S Ratio (TTM)0.6x

P/E Ratio (TTM)22.2x

YoY Rev Growth+4.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$4.7B	$880M	$187M
Q2 23	$5.0B	$897M	$200M
Q3 23	$4.9B	$902M	$199M
Q4 23	$5.4B	$963M	$214M
Q1 24	$4.9B	$883M	$161M
Q2 24	$5.2B	$957M	$204M
Q3 24	$5.1B	$975M	$229M
Q4 24	$5.3B	$949M	$178M
Q1 25	$5.2B	$969M	$204M
Q2 25	$5.4B	$1.0B	$220M
Q3 25	$5.3B	$1.0B	$218M
Q4 25	$5.6B	$1.0B	$191M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	0.7x	24.8x
Q2 23	0.7x	25.3x
Q3 23	0.7x	25.3x
Q4 23	0.6x	24.5x
Q1 24	0.6x	24.7x
Q2 24	0.6x	24.1x
Q3 24	0.6x	23.0x
Q4 24	0.6x	24.0x
Q1 25	0.6x	22.4x
Q2 25	0.6x	22.2x
Q3 25	0.6x	22.3x
Q4 25	0.6x	22.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$119M	$27M
Q2 23	$150M	$34M
Q3 23	$175M	$54M
Q4 23	$274M	$155M
Q1 24	$201M	$95M
Q2 24	$221M	$87M
Q3 24	$207M	$19M
Q4 24	$272M	$111M
Q1 25	$208M	$68M
Q2 25	$250M	$87M
Q3 25	$181M	-$11M
Q4 25	$391M	$193M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$92M
Q2 23	$116M
Q3 23	$121M
Q4 23	$119M
Q1 24	$106M
Q2 24	$134M
Q3 24	$188M
Q4 24	$160M
Q1 25	$140M
Q2 25	$163M
Q3 25	$192M
Q4 25	$198M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+5.0%	+4.4%
Q2 23	-2.7%	-2.8%
Q3 23	+2.9%	+2.9%
Q4 23	+8.7%	+8.6%
Q1 24	+4.1%	+4.9%
Q2 24	+4.9%	+5.0%
Q3 24	+3.5%	+3.1%
Q4 24	-1.5%	-0.8%
Q1 25	+4.8%	+4.0%
Q2 25	+3.4%	+3.2%
Q3 25	+4.9%	+5.3%
Q4 25	+5.6%	+5.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$10M	0.2%
Q2 23	$10M	0.2%
Q3 23	$9M	0.2%
Q4 23	$10M	0.2%
Q1 24	$9M	0.2%
Q2 24	$10M	0.2%
Q3 24	$11M	0.2%
Q4 24	$18M	0.3%
Q1 25	$11M	0.2%
Q2 25	$14M	0.3%
Q3 25	$9M	0.2%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 23	$689M
Q2 23	$695M
Q3 23	$697M
Q4 23	$741M
Q1 24	$722M
Q2 24	$750M
Q3 24	$734M
Q4 24	$758M
Q1 25	$761M
Q2 25	$786M
Q3 25	$796M
Q4 25	$818M

Revenue Segments

Quarter	Membership	Product
Q1 23	$103M	$4.6B
Q2 23	$104M	$4.9B
Q3 23	$175M	$4.8B
Q1 24	$111M	$4.8B
Q2 24	$169M	$5.1B
Q3 24	$213M	$5.0B
Q1 25	$120M	$5.0B
Q2 25	$184M	$5.3B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$23M	$0	$23M
Q2 23	$26M	$0	$26M
Q3 23	$34M	$0	$34M
Q4 23	$36M	$0	$36M
Q1 24	$35M	$0	$35M
Q2 24	$38M	$0	$38M
Q3 24	$34M	$0	$34M
Q4 24	$28M	$0	$28M
Q1 25	$39M	$0	$39M
Q2 25	$47M	$0	$47M
Q3 25	$45M	$0	$45M
Q4 25	$46M	$0	$46M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	136M	-0.1%
Q2 23	135M	-0.6%
Q3 23	135M	-0.1%
Q4 23	135M	-0.4%
Q1 24	134M	-0.3%
Q2 24	134M	-0.2%
Q3 24	133M	-0.4%
Q4 24	133M	+0.1%
Q1 25	133M	-0.5%
Q2 25	133M	-0.2%
Q3 25	132M	-0.4%
Q4 25	131M	-0.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 15	—	—
FY 16	—	—
FY 17	—	—
FY 18	—	—
FY 19	$500K	26K
FY 20	$482K	32K
FY 21	$490K	34K
FY 22	$568K	34K
FY 23	$587K	34K
FY 24	$603K	34K
FY 25	$650K	33K