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BJ

BJ's Wholesale Club Holdings, Inc.

BJ

BJ's Wholesale Club Holdings, Inc. • NYSE
$89.23 ▼ -1.70% (-1.54)
Market Cap $11.76 B
52w High $121.10
52w Low $86.68
Dividend Yield 0%
P/E 20.56
Volume 994.54K
Outstanding Shares 131.75M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $5.348B ▼ $795.986M ▲ $152.05M ▲ 2.843% ▲ $1.16 ▲ $290.669M ▲
Q2-2025 $5.38B ▲ $786.358M ▲ $150.705M ▲ 2.801% ▼ $1.14 $288.463M ▲
Q1-2025 $5.153B ▼ $765.854M ▼ $149.768M ▲ 2.906% ▲ $1.14 ▲ $273.31M ▲
Q4-2024 $5.279B ▲ $770.591M ▲ $122.662M ▼ 2.324% ▼ $0.93 ▼ $244.413M ▼
Q3-2024 $5.099B $746.093M $155.748M 3.054% $1.18 $295.062M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $45.119M ▼ $7.546B ▲ $5.374B ▲ $2.172B ▲
Q2-2025 $47.273M ▲ $7.232B ▲ $5.133B ▼ $2.099B ▲
Q1-2025 $39.484M ▲ $7.158B ▲ $5.186B ▼ $1.972B ▲
Q4-2024 $28.272M ▼ $7.065B ▼ $5.218B ▼ $1.847B ▲
Q3-2024 $33.873M $7.216B $5.454B $1.762B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $152.05M ▲ $181.144M ▼ $-195.029M ▼ $11.731M ▲ $-2.154M ▼ $-10.744M ▼
Q2-2025 $150.705M ▲ $249.864M ▲ $-163.865M ▼ $-78.21M ▼ $7.789M ▼ $87.291M ▲
Q1-2025 $149.768M ▲ $208.093M ▼ $-142.291M ▲ $-54.59M ▲ $11.212M ▲ $67.596M ▼
Q4-2024 $122.662M ▼ $271.917M ▲ $-162.013M ▲ $-115.505M ▼ $-5.601M ▼ $111.487M ▲
Q3-2024 $155.748M $206.757M $-187.933M $-23.009M $-4.185M $18.824M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Membership
Membership
 $210.00M ▲$-40.00M ▼$120.00M ▲$180.00M ▲
Product
Product
 $4.98Bn ▲$5.16Bn ▲$5.03Bn ▼$5.26Bn ▲

Five-Year Company Overview

Income Statement

Income Statement BJ’s has shown steady growth in sales over the past several years, with gross profit and earnings generally moving upward alongside it. Profitability looks consistent rather than explosive, suggesting a mature business that is managing costs reasonably well while still finding room to grow. The pace of earnings growth has been gradual, which fits a defensive, membership-driven retail model rather than a high‑growth story.

Balance Sheet

Balance Sheet The balance sheet has strengthened meaningfully, with total assets and shareholders’ equity building up over time. Debt remains significant but is edging down relative to the size of the business, indicating a slow de‑leveraging trend. Cash on hand is modest, so the company still relies heavily on ongoing cash generation and access to financing rather than a large cash cushion.

Cash Flow

Cash Flow BJ’s consistently generates solid cash flow from its operations, which is a key support for its business model and ongoing investments. Free cash flow remains positive, but it has been pressured by rising capital spending as the company invests in new clubs, gas stations, and digital capabilities. Overall, the cash profile suggests a business funding growth from its own operations, with less surplus left over than in earlier years.

Competitive Edge

Competitive Edge BJ’s operates in a tough warehouse club segment but has carved out a distinct niche versus Costco and Sam’s through its mix of bulk and smaller packages, acceptance of manufacturer coupons, and strong private label brands. A very loyal membership base, high renewal rates, and higher spending from digitally engaged members all reinforce its competitive position. Fuel stations, in‑club services, and a “treasure-hunt” product experience further help to keep members coming back and differentiate it in local markets, especially newer ones.

Innovation and R&D

Innovation and R&D While BJ’s doesn’t do classic lab-style R&D, it is investing heavily in digital transformation and data capabilities. The mobile app, scan-and-go features, and AI-driven inventory and pricing tools are designed to make shopping faster, more convenient, and better targeted to member needs. New formats like smaller urban-focused clubs and continued expansion into underpenetrated regions show a willingness to experiment with the business model and layout, not just the technology.

Summary

Overall, BJ’s looks like a steadily improving, cash-generative retailer using digital tools and membership economics to reinforce its position in a defensive sector. The financials show gradual growth, stronger equity, and consistent cash flow, albeit with rising investment needs and a still-meaningful debt load. Strategically, its differentiated value proposition—coupons, mixed pack sizes, strong private labels, and gas—plus a heavy digital focus and measured expansion, create both stability and room for continued, if measured, growth. The main watchpoints are execution on new stores and digital initiatives, and maintaining membership strength in a competitive, price-sensitive environment.

NEWS

November 21, 2025 · 9:30 AM UTC

BJ's Wholesale Club Announces New Locations in Texas and Alabama

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November 21, 2025 · 6:45 AM UTC

BJ's Wholesale Club Holdings, Inc. Announces Third Quarter Fiscal 2025 Results

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October 30, 2025 · 6:45 AM UTC

A Holiday Tradition Returns: Free Turkeys at BJ's Wholesale Club

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October 28, 2025 · 6:45 AM UTC

BJ's Wholesale Club Announces November 14 Grand Opening for Sevierville, TN Location

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October 23, 2025 · 6:45 AM UTC

Taking Care of Families: BJ's Wholesale Club Donates Over $1.2 Million to Local Communities

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