Pricesmart (PSMT) Operating Margin (2010 - 2026)
Pricesmart (PSMT) posted Operating Margin of 4.43% for Q2 2026, down 12.16% on a QoQ basis from 5.04% in Q1 2026, and up 16.0% year-over-year from 3.82% in Q2 2025.
Pricesmart (PSMT) Operating Margin (2010 - 2026) Analysis & Trends
Pricesmart's Operating Margin history runs 17 years deep, the most recent figure standing at 4.43% for Q2 2026.
- Quarterly Operating Margin rose 16.0% year-over-year to 4.43% in Q2 2026, while the trailing twelve-month figure through May 2026 was 4.51% (up 8.0% YoY) and the FY2025 annual result came in at 4.41%, down 8.0% from the prior year.
- Operating Margin was 4.43% for Q2 2026 at Pricesmart, down from 5.04% in the prior quarter.
- Across five years, Operating Margin topped out at 5.26% in Q4 2022 and bottomed at 2.87% in Q3 2023.
- A 5-year average of 4.34% and a median of 4.49% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin slumped 94 bps — and 2024, when it soared 114 bps.
- Pricesmart's Operating Margin stood at 5.26% in 2022, then slipped by 5 bps to 4.99% in 2023, then slipped by 7 bps to 4.63% in 2024, then declined by 2 bps to 4.55% in 2025, then retreated by 3 bps to 4.43% in 2026.
- Business Quant data shows PSMT's Operating Margin at 4.43% in Q2 2026, 5.04% in Q1 2026, and 4.55% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.66 Bn | 858.28 Bn | 42.63 Bn | 4.27% |
| 2 | Costco Wholesale | 410.89 Bn | 392.65 Bn | 8.88 Bn | 3.74% |
| 3 | Target | 61.06 Bn | 57.53 Bn | 7.38 Bn | 4.46% |
| 4 | Dollar General | 25.36 Bn | 24.22 Bn | 3.32 Bn | 5.56% |
| 5 | Dollar Tree | 22.75 Bn | 21.75 Bn | 1.83 Bn | 9.51% |
| 6 | BJ's Wholesale Club Holdings | 11.75 Bn | 11.72 Bn | 1.03 Bn | 3.67% |
| 7 | Pricesmart | 5.65 Bn | 5.52 Bn | 262.22 Mn | 4.43% |
| 8 | Bbb Foods | 4.68 Bn | 4.08 Bn | 210.92 Mn | 22.24% |
| 9 | Ollie's Bargain Outlet Holdings | 4.00 Bn | 3.70 Bn | 310.92 Mn | 14.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 4.43% |
| Feb 28, 2026 | 5.04% |
| Nov 30, 2025 | 4.55% |
| Aug 31, 2025 | 3.96% |
| May 31, 2025 | 4.27% |
| Feb 28, 2025 | 4.79% |
| Nov 30, 2024 | 4.63% |
| Aug 31, 2024 | 4.01% |
| May 31, 2024 | 4.06% |
| Feb 29, 2024 | 4.92% |
| Nov 30, 2023 | 4.99% |
| Aug 31, 2023 | 2.87% |
| May 31, 2023 | 3.93% |
| Feb 28, 2023 | 4.71% |
| Nov 30, 2022 | 5.26% |
| Aug 31, 2022 | 3.81% |
| May 31, 2022 | 3.28% |
| Feb 28, 2022 | 4.65% |
| Nov 30, 2021 | 4.72% |
| Aug 31, 2021 | 3.57% |