BJ's Wholesale Club Holdings (BJ) Operating Margin (2017 - 2026)
BJ's Wholesale Club Holdings (BJ) recorded quarterly Operating Margin of 3.67% in Q2 2026, up 14.98% quarter-over-quarter from 3.19% in Q1 2026, and down 28.0% on a YoY basis from 5.1% in Q2 2025.
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 was 3.67% for Q2 2026 at BJ's Wholesale Club Holdings, up from 3.19% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 4.5% in Q4 2024 to a low of 3.19% in Q1 2026.
- Historically, Operating Margin has averaged 3.83% across 5 years, with a median of 3.95% in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Margin slumped 69 bps in 2024, then soared 68 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 4.01% in 2022, then increased by 1 bps to 4.05% in 2023, then rose by 11 bps to 4.5% in 2024, then decreased by 9 bps to 4.08% in 2025, then dropped by 10 bps to 3.67% in 2026.
- The last three Operating Margin figures came in at 3.67% (Q2 2026), 3.19% (Q1 2026), and 4.08% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 948.87 Bn | 944.49 Bn | 42.63 Bn | 4.27% |
| 2 | Costco Wholesale | 430.50 Bn | 412.26 Bn | 8.88 Bn | 3.74% |
| 3 | Target | 57.41 Bn | 53.87 Bn | 7.38 Bn | 4.46% |
| 4 | Dollar General | 24.07 Bn | 22.93 Bn | 3.32 Bn | -10.86% |
| 5 | Dollar Tree | 22.05 Bn | 21.05 Bn | 1.83 Bn | 9.52% |
| 6 | BJ's Wholesale Club Holdings | 11.52 Bn | 11.49 Bn | 1.03 Bn | 3.67% |
| 7 | Pricesmart | 5.32 Bn | 5.02 Bn | 265.07 Mn | 5.04% |
| 8 | Ollie's Bargain Outlet Holdings | 4.78 Bn | 4.48 Bn | 310.92 Mn | 14.00% |
| 9 | Bbb Foods | 22.39 Mn | -214.25 Mn | 210.92 Mn | 22.24% |
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% |