B

BJ’S WHOLESALE CLUB HOLDINGS, INC.

BJ · CIK 0001531152

10 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$21.46B4.7%
FY2025
Net income (FY)
$578.4M8.2%
FY2025
Free cash flow (FY)
$328.0M4.8%
FY2025
Diluted EPS (FY)
$4.389.5%
FY2025
The story, charted

The shape of the business

FY2016–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$10B$20BFY2016 · Revenue $12.35B · Net income $44.2M · 0001531152-19-000010 · filed 2019-03-25FY16Revenue $12.35BNet income $44.2M0001531152-19-000010 · filed 2019-03-25FY2017 · Revenue $12.75B · Net income $50.3M · 0001531152-20-000014 · filed 2020-03-19FY17Revenue $12.75BNet income $50.3M0001531152-20-000014 · filed 2020-03-19FY2018 · Revenue $13.01B · Net income $127.3M · 0001437749-21-006555 · filed 2021-03-19FY18Revenue $13.01BNet income $127.3M0001437749-21-006555 · filed 2021-03-19FY2019 · Revenue $13.19B · Net income $187.2M · 0001531152-22-000007 · filed 2022-03-17FY19Revenue $13.19BNet income $187.2M0001531152-22-000007 · filed 2022-03-17FY2020 · Revenue $15.43B · Net income $421.0M · 0001531152-23-000026 · filed 2023-03-16FY20Revenue $15.43BNet income $421.0M0001531152-23-000026 · filed 2023-03-16FY2021 · Revenue $16.67B · Net income $426.7M · 0001531152-24-000026 · filed 2024-03-18FY21Revenue $16.67BNet income $426.7M0001531152-24-000026 · filed 2024-03-18FY2022 · Revenue $19.32B · Net income $513.2M · 0001531152-25-000013 · filed 2025-03-14FY22Revenue $19.32BNet income $513.2M0001531152-25-000013 · filed 2025-03-14FY2023 · Revenue $19.97B · Net income $523.7M · 0001531152-26-000007 · filed 2026-03-12FY23Revenue $19.97BNet income $523.7M0001531152-26-000007 · filed 2026-03-12FY2024 · Revenue $20.50B · Net income $534.4M · 0001531152-26-000007 · filed 2026-03-12FY24Revenue $20.50BNet income $534.4M0001531152-26-000007 · filed 2026-03-12FY2025 · Revenue $21.46B · Net income $578.4M · 0001531152-26-000007 · filed 2026-03-12FY25Revenue $21.46BNet income $578.4M0001531152-26-000007 · filed 2026-03-12FY25Revenue $21.46BNet income $578.4M0001531152-26-000007 · filed 2026-03-12FY17FY19FY21FY23FY25

revenue 1.7× since FY2016 · net margin 0.4% → 2.7%

MarginsNet marginFCF margin
0%2%4%FY2016 · Net margin 0.4% · FCF margin 1.5%FY16Net margin 0.4%FCF margin 1.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 0.4% · FCF margin 0.6%FY17Net margin 0.4%FCF margin 0.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 1.0% · FCF margin 2.2%FY18Net margin 1.0%FCF margin 2.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 1.4% · FCF margin 1.2%FY19Net margin 1.4%FCF margin 1.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 2.7% · FCF margin 4.2%FY20Net margin 2.7%FCF margin 4.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 2.6% · FCF margin 3.0%FY21Net margin 2.6%FCF margin 3.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 2.7% · FCF margin 2.0%FY22Net margin 2.7%FCF margin 2.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 2.6% · FCF margin 1.3%FY23Net margin 2.6%FCF margin 1.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 2.6% · FCF margin 1.5%FY24Net margin 2.6%FCF margin 1.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 2.7% · FCF margin 1.5%FY25Net margin 2.7%FCF margin 1.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 2.7%FCF margin 1.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’17’19’21’23’25

FY2025: net 2.7% · free cash flow 1.5% of revenue

Cash engineOperating cash flowFree cash flow
$0$500M$1BFY2016 · OCF $297.4M · FCF $182.7M · 0001531152-19-000010 · filed 2019-03-25FY16OCF $297.4MFCF $182.7M0001531152-19-000010 · filed 2019-03-25FY2017 · OCF $210.1M · FCF $72.6M · 0001531152-20-000014 · filed 2020-03-19FY17OCF $210.1MFCF $72.6M0001531152-20-000014 · filed 2020-03-19FY2018 · OCF $427.1M · FCF $281.2M · 0001437749-21-006555 · filed 2021-03-19FY18OCF $427.1MFCF $281.2M0001437749-21-006555 · filed 2021-03-19FY2019 · OCF $355.1M · FCF $158.2M · 0001531152-22-000007 · filed 2022-03-17FY19OCF $355.1MFCF $158.2M0001531152-22-000007 · filed 2022-03-17FY2020 · OCF $868.5M · FCF $650.2M · 0001531152-23-000026 · filed 2023-03-16FY20OCF $868.5MFCF $650.2M0001531152-23-000026 · filed 2023-03-16FY2021 · OCF $831.7M · FCF $508.1M · 0001531152-24-000026 · filed 2024-03-18FY21OCF $831.7MFCF $508.1M0001531152-24-000026 · filed 2024-03-18FY2022 · OCF $788.2M · FCF $390.4M · 0001531152-25-000013 · filed 2025-03-14FY22OCF $788.2MFCF $390.4M0001531152-25-000013 · filed 2025-03-14FY2023 · OCF $718.9M · FCF $251.8M · 0001531152-26-000007 · filed 2026-03-12FY23OCF $718.9MFCF $251.8M0001531152-26-000007 · filed 2026-03-12FY2024 · OCF $900.9M · FCF $312.9M · 0001531152-26-000007 · filed 2026-03-12FY24OCF $900.9MFCF $312.9M0001531152-26-000007 · filed 2026-03-12FY2025 · OCF $1.03B · FCF $328.0M · 0001531152-26-000007 · filed 2026-03-12FY25OCF $1.03BFCF $328.0M0001531152-26-000007 · filed 2026-03-12FY25OCF $1.03BFCF $328.0M0001531152-26-000007 · filed 2026-03-12’17’19’21’23’25

FY2025: $1.03B operating cash − $702.0M capex = $328.0M free cash flow

Returns on capitalReturn on equityReturn on assets
-200%0%FY2017 · ROE -4.9% · ROA 1.5%FY17ROE -4.9%ROA 1.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE -63.0% · ROA 3.9%FY18ROE -63.0%ROA 3.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE -344.4% · ROA 3.6%FY19ROE -344.4%ROA 3.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 131.8% · ROA 7.8%FY20ROE 131.8%ROA 7.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 65.8% · ROA 7.5%FY21ROE 65.8%ROA 7.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 49.0% · ROA 8.1%FY22ROE 49.0%ROA 8.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 35.9% · ROA 7.8%FY23ROE 35.9%ROA 7.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 28.9% · ROA 7.6%FY24ROE 28.9%ROA 7.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 26.3% · ROA 7.7%FY25ROE 26.3%ROA 7.7%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 26.3%ROA 7.7%derived: net income ÷ equity · derived: net income ÷ assets’17’19’21’23’25

return on equity -5% (FY2017) → 26% (FY2025) · on assets 7.7%

Balance sheetLiabilitiesEquity
$0$5BFY2024 · Liabilities $5.22B · Equity $1.85BFY24Liabilities $5.22BEquity $1.85B0001531152-26-000007 · filed 2026-03-12FY2025 · Liabilities $5.31B · Equity $2.20BFY25Liabilities $5.31BEquity $2.20B0001531152-26-000007 · filed 2026-03-12FY25Liabilities $5.31BEquity $2.20B0001531152-26-000007 · filed 2026-03-12’24’25

FY2025: $7.51B assets · $5.31B liabilities · $2.20B equity

The receipts