Pricesmart (PSMT) Operating Margin (2010 - 2026)
Pricesmart (PSMT) reported Operating Margin of 5.04% for Q1 2026, up 26.0% on a YoY basis from 4.0% in Q1 2025, and up 10.81% quarter-over-quarter from 4.55% in Q4 2025.
Pricesmart (PSMT) Operating Margin (2010 - 2026) Analysis & Trends
Pricesmart has reported Operating Margin for 17 years, with the latest figure at 5.04% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 26.0% year-over-year to 5.04%; the trailing twelve-month figure through Feb 2026 stood at 4.48% (up 9.0% YoY), and the FY2025 full-year result was 4.41%, down 8.0% from the prior year.
- Operating Margin for Q1 2026 stood at 5.04%, up from 4.55% in the prior quarter.
- The five-year high for Operating Margin was 5.26% in Q4 2022, with the low at 2.87% in Q3 2023.
- Historically, Operating Margin has averaged 4.34% across 5 years, with a median of 4.55% in 2025.
- Annual changes were most pronounced in 2023 — Operating Margin tumbled 94 bps — and 2024, when it soared 114 bps.
- Pricesmart's Operating Margin stood at 5.26% in 2022, then retreated by 5 bps to 4.99% in 2023, then retreated by 7 bps to 4.63% in 2024, then slipped by 2 bps to 4.55% in 2025, then rose by 11 bps to 5.04% in 2026.
- The last three Operating Margin figures came in at 5.04% (Q1 2026), 4.55% (Q4 2025), and 3.96% (Q3 2025), per Business Quant data.
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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 |
|---|---|
| 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% |
| May 31, 2021 | 4.03% |