BJ's Wholesale Club Holdings (BJ) Operating Margin (2017 - 2026)
BJ's Wholesale Club Holdings (BJ) posted quarterly Operating Margin of 3.67% for Q2 2026, down 28.0% year-over-year from 5.1% in Q2 2025, and up 14.98% quarter-over-quarter from 3.19% in Q1 2026.
BJ's Wholesale Club Holdings (BJ) Operating Margin (2017 - 2026) Analysis & Trends
BJ's Wholesale Club Holdings' Operating Margin history runs 10 years deep, the most recent figure standing at 3.67% for Q2 2026.
- In Q2 2026, Operating Margin fell 28.0% year-over-year to 3.67%; the TTM figure through May 2026 stood at 3.74% (down 19.0% YoY), while the FY2026 annual figure was 3.81%, up 4.0% from the prior year.
- Operating Margin for Q2 2026 stood at 3.67%, up from 3.19% in the prior quarter.
- The five-year high for Operating Margin was 4.5% in Q4 2024, with the low at 3.19% in Q1 2026.
- The 5-year median for Operating Margin is 3.95% (2023), against an average of 3.83%.
- The sharpest annual moves came in 2024 and 2025: Operating Margin sank 69 bps in 2024, then surged 68 bps in 2025.
- BJ's Wholesale Club Holdings' Operating Margin stood at 4.01% in 2022, then grew by 1 bps to 4.05% in 2023, then increased by 11 bps to 4.5% in 2024, then retreated by 9 bps to 4.08% in 2025, then slipped by 10 bps to 3.67% in 2026.
- Business Quant data shows BJ's Operating Margin at 3.67% in Q2 2026, 3.19% in Q1 2026, and 4.08% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 828.54 Bn | 817.81 Bn | 44.69 Bn | 4.22% |
| 2 | Costco Wholesale | 414.96 Bn | 394.96 Bn | 9.01 Bn | 3.99% |
| 3 | Target | 72.00 Bn | 68.46 Bn | 7.38 Bn | 4.46% |
| 4 | Dollar General | 26.64 Bn | 25.29 Bn | 3.41 Bn | 5.92% |
| 5 | Dollar Tree | 25.25 Bn | 24.24 Bn | 1.83 Bn | 9.51% |
| 6 | BJ's Wholesale Club Holdings | 11.76 Bn | 11.73 Bn | 1.03 Bn | 3.67% |
| 7 | Bbb Foods | 5.91 Bn | 5.23 Bn | 250.62 Mn | 22.24% |
| 8 | Pricesmart | 5.12 Bn | 4.80 Bn | 262.22 Mn | 4.43% |
| 9 | Ollie's Bargain Outlet Holdings | 4.56 Bn | 4.31 Bn | 275.96 Mn | 10.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 3.67% |
| Jan 31, 2026 | 3.19% |
| Nov 1, 2025 | 4.08% |
| Aug 2, 2025 | 4.02% |
| May 3, 2025 | 3.95% |
| Feb 1, 2025 | 3.38% |
| Nov 2, 2024 | 4.50% |
| Aug 3, 2024 | 3.91% |
| May 4, 2024 | 3.27% |
| Feb 3, 2024 | 3.99% |
| Oct 28, 2023 | 4.05% |
| Jul 29, 2023 | 4.03% |
| Apr 29, 2023 | 3.95% |
| Jan 28, 2023 | 3.91% |
| Oct 29, 2022 | 4.01% |
| Jul 30, 2022 | 3.98% |
| Apr 30, 2022 | 3.34% |
| Jan 29, 2022 | 3.61% |
| Oct 30, 2021 | 3.99% |
| Jul 31, 2021 | 3.92% |