BJs Wholesale Club Holdings Inc (BJ)

Operating profit margin

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Operating income (ttm)	US$ in thousands	800,419	779,207	771,800	774,441	737,988	702,324	680,512	641,386	617,323	604,886	625,085	624,896	642,392	579,544	490,121	425,267	352,199	380,237	369,632	309,565
Revenue (ttm)	US$ in thousands	19,910,280	19,502,780	19,363,380	19,503,660	19,276,660	18,700,940	18,178,720	17,247,210	16,616,830	16,247,780	15,716,350	15,498,170	15,430,010	14,955,720	14,453,450	13,845,160	13,190,700	13,135,260	13,127,520	13,088,780
Operating profit margin		4.02%	4.00%	3.99%	3.97%	3.83%	3.76%	3.74%	3.72%	3.72%	3.72%	3.98%	4.03%	4.16%	3.88%	3.39%	3.07%	2.67%	2.89%	2.82%	2.37%

February 3, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $800,419K ÷ $19,910,280K
= 4.02%

The operating profit margin of BJs Wholesale Club Holdings Inc has shown some fluctuations over the past few quarters. From February 3, 2024, to May 4, 2019, it ranged from a low of 2.37% to a peak of 4.16%. In general, the trend appears to be relatively stable, with the margin hovering around the 3-4% range. However, there was a noticeable dip in the operating profit margin in the May 2, 2020, to August 1, 2020, period, where it fell to 3.39% and then to 3.07%. This decline could be a point of concern and may warrant further investigation into the company's cost structure or revenue generation during that time. Overall, a consistent focus on maintaining or improving the operating profit margin is essential for sustaining profitability and efficiency in the company's operations.