Pricesmart (PSMT) Net Margin (2010 - 2026)
Pricesmart's (PSMT) quarterly Net Margin came in at 2.68% in Q2 2026, up 1.0% on a YoY basis from 2.65% in Q2 2025, and down 18.4% quarter-over-quarter from 3.28% in Q1 2026.
Analysis
Pricesmart (PSMT) Net Margin (2010 - 2026) Analysis & Trends
Pricesmart (PSMT) has reported Net Margin for 17 consecutive years, with 2.68% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 1.0% year-over-year to 2.68%; the trailing twelve-month figure through May 2026 stood at 2.82% (changed 0.0% YoY), and the FY2025 full-year result was 2.81%, down 2.0% from the prior year.
- Net Margin fell to 2.68% in Q2 2026 per PSMT's latest filing, from 3.28% in the prior quarter.
- Across five years, Net Margin topped out at 3.28% in Q1 2026 and bottomed at 1.37% in Q3 2023.
- Historically, Net Margin has averaged 2.69% across 5 years, with a median of 2.72% in 2023.
- The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 87 bps in 2023, then soared 100 bps in 2024.
- Over 5 years, Net Margin stood at 3.06% in 2022, then rose by 6 bps to 3.26% in 2023, then decreased by 9 bps to 2.98% in 2024, then slipped by 2 bps to 2.9% in 2025, then dropped by 8 bps to 2.68% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 2.68%, 3.28%, and 2.9% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Costco Wholesale | 401.51 Bn | 381.51 Bn | 9.01 Bn | 3.11% |
| 2 | BJ's Wholesale Club Holdings | 11.35 Bn | 11.32 Bn | 1.11 Bn | 2.79% |
| 3 | Pricesmart | 5.13 Bn | 4.81 Bn | 262.22 Mn | 2.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 2.68% |
| Feb 28, 2026 | 3.28% |
| Nov 30, 2025 | 2.90% |
| Aug 31, 2025 | 2.37% |
| May 31, 2025 | 2.67% |
| Feb 28, 2025 | 3.21% |
| Nov 30, 2024 | 2.98% |
| Aug 31, 2024 | 2.37% |
| May 31, 2024 | 2.64% |
| Feb 29, 2024 | 3.04% |
| Nov 30, 2023 | 3.26% |
| Aug 31, 2023 | 1.37% |
| May 31, 2023 | 2.70% |
| Feb 28, 2023 | 2.75% |
| Nov 30, 2022 | 3.06% |
| Aug 31, 2022 | 2.24% |
| May 31, 2022 | 1.84% |
| Feb 28, 2022 | 3.02% |
| Nov 30, 2021 | 3.07% |
| Aug 31, 2021 | 2.10% |