BJs Wholesale Club Holdings Inc (BJ)
Pretax margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 735,981 | 689,439 | 557,771 | 557,855 | 243,388 |
| Revenue | US$ in thousands | 19,908,500 | 19,276,000 | 16,612,200 | 15,430,000 | 13,190,700 |
| Pretax margin | 3.70% | 3.58% | 3.36% | 3.62% | 1.85% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $735,981K ÷ $19,908,500K
= 3.70%
Based on the pretax margin data provided for BJs Wholesale Club Holdings Inc over the past five years, there has been a fluctuation in the company's profitability before taxes. The pretax margin for the most recent fiscal year ending on February 3, 2024, was 3.70%, showing a slight increase compared to the previous year's margin of 3.58% as of January 28, 2023.
When comparing the pretax margin over the last five years, it appears that BJs Wholesale Club Holdings Inc has maintained relatively stable profitability levels, with fluctuations within a narrow range. The pretax margins for the fiscal years ending on Jan 29, 2022, and Jan 30, 2021, were 3.36% and 3.62%, respectively, indicating some variability in profitability during those periods.
Notably, there was a significant improvement in pretax margin from 1.85% on Jan 29, 2020, to 3.62% on Jan 30, 2021, reflecting a marked increase in profitability over that one-year period.
Overall, BJs Wholesale Club Holdings Inc has demonstrated a consistent ability to generate a reasonable level of pretax profit margin, with some fluctuations over the years but generally maintaining profitability levels above 3%. It is essential for the company to continue monitoring and managing its cost structure and revenue generation strategies to sustain and potentially enhance its pretax margin in the future.
Peer comparison
Feb 3, 2024