BJ's Wholesale Club Holdings Inc. (BJ) Financial Analysis and Rating
Comparison Analysis Based on SEC Data
| Company Name | BJ's Wholesale Club Holdings Inc. |
| Industry (SIC) | 5331 - Variety Stores |
| Revenue in 2023 | $19,969 million (ranked #7 out of 15 companies in the industry) |
| Assets as of 1/31/2024 | $6,678 million (ranked #9) |
| Market Cap | $11,496 million (Oct 11, 2024) |
| Analyzed report | 1/31/2023 (filed 3/16/2023) |
Year:
Financial Position and Performance
| Compared with 2022 industry ratios | Change during the year |
|---|---|
|
worse |
improved |
| Compared with all listed companies |
|---|
|
about the same |
Financial Ratios Benchmarking
| Finanancial Ratio | Comparison of 2022 company ratios | ||
|---|---|---|---|
|
with industry ratios (53 - General Merchandise Stores) |
with all listed companies | ||
| Solvency Ratios | |||
| Debt ratio |
0.84
0.66
|
0.84
0.61
|
|
| Debt-to-equity ratio |
5.07
1.93
|
5.07
1.02
|
|
| Interest coverage ratio |
15.55
13.04
|
15.55
2.51
|
|
| Liquidity Ratios | |||
| Current Ratio |
0.67
1.29
|
0.67
1.75
|
|
| Quick Ratio |
0.11
0.36
|
0.11
1.07
|
|
| Cash Ratio |
0.01
0.11
|
0.01
0.52
|
|
| Profitability Ratios | |||
| Profit margin |
2.7%
2.6%
|
2.7%
2.1%
|
|
| ROE (Return on equity), after tax |
60.6%
21.1%
|
60.6%
0.5%
|
|
| ROA (Return on assets) |
8.5%
5.8%
|
8.5%
0.8%
|
|
| Activity Ratios | |||
| Asset turnover (days) |
114
254
|
114
792
|
|
| Receivables turnover (days) |
4
3
|
4
48
|
|
| Resulting score | -0,5 | +0,1 | |
Year:
Additional Ratios (not used in score calculation)
| Finanancial Ratio | Comparison of 2022 company ratios | ||
|---|---|---|---|
|
with industry ratios (53 - General Merchandise Stores) |
with all listed companies | ||
| Profitability Ratios | |||
| Gross margin |
17.8%
31.5%
|
17.8%
40.3%
|
|
| Operating margin (Return on sales) |
3.8%
3.6%
|
3.8%
6.4%
|
|
| Activity Ratios | |||
| Inventory turnover (days) |
30
89
|
30
85
|
|
| EBIT | $738M | ||
| EBITDA | $939M | ||
| Price Ratios | |||
| Dividend Payout Ratio |
0.00
0.10
|
0.00
0.20
|
|
| Earnings per Share (basic) | $3.83 | ||
| Earnings per Share (diluted) | $3.76 | ||
Auditor's Conclusion
We have performed a comparative analysis of the balance sheet and income statement of BJ's Wholesale Club Holdings Inc. (hereafter – the "Company") for the year 2022 as submitted to the U.S. Securities and Exchange Commission (SEC). The primary business activity of the Company is "Variety Stores" (SIC code 5331). In the analysis, we have compared the key financial ratios of the Company with the average (median) values of those ratios calculated for the specific industry sector and for all companies. The averages are calculated using data from 2022 financial statements filed with the SEC through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). By comparing each of the eleven key metrics to the median, we have drawn a general conclusion about the quality of the company's financial condition. Calculations and summary conclusions are performed in a computerized manner using software and methodologies developed by ReadyRatios.
As a result of the analysis of the key financial ratios of the Company, we have established the following. The financial condition of BJ's Wholesale Club Holdings Inc. in 2023 is worse than the financial condition of half of all companies engaged in the activity "Variety Stores".
The average ratios for this type of business activity are higher than the average for all companies. Therefore, the Company shows a satisfactory result in comparison to all businesses. The financial position of BJ's Wholesale Club Holdings Inc. is about the same as the average financial condition of the listed companies that submit financial statements to the U.S. Securities and Exchange Commission.
Financial Position and Performance History
More on BJ's Wholesale Club Holdings Inc.
Closest Competitors
| Company | USD ($), in Millions | |
|---|---|---|
| Revenue | Assets | |
| Dollar General Corporation | 38,692 | 30,796 |
| Dollar Tree Inc. | 30,604 | 22,024 |
| Big Lots Inc. | 4,722 | 3,325 |
| PriceSmart Inc. | 4,524 | 2,029 |
Financial Data Source and Analysis Principles
The above is a comparative analysis of the company's financial position and performance. The comparison is based on official financial statements filed with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR) (about 10,000 largest publicly traded companies). The comparison is made using the eleven key financial ratios (see the table above). The company's financial ratios are compared with the median of the ratios for all companies and for companies in the same industry, as well as to the quartiles of these ratios. Each ratio value is assigned a score between -2 and +2 depending on its position relative to the quartiles (-2 – below the first quartile; -1 – between the first and the second quartile; +1 – between the second and the third quartile; +2 – above the third quartile; 0 – the ratio value deviates from the median by no more than 5% of the difference between the median and the quartile closest to the ratio value). To draw a conclusion from the analysis, the individual scores are weighted equally to produce an overall score ranging from -2 and +2.
| much better (+1 - +2incl) | |
| better (from 0.11 to +1incl) | |
| about the same (from -0.11incl to +0.11incl) | |
| worse (from -1incl to -0.11) | |
| much worse (from -2incl to -1) |
Change during the year is calculated by comparing the resulting score of financial position within the industry with the last year's (quarter's) score. The result of the comparison may be as follows:
| significantly improved (positive change of more than 1 point) | |
| improved (positive change of less than 1 point) | |
| unchanged (little or no change in score, no more than 0.11 points) | |
| deteriorated (the score has decreased by less than 1 point during the year) | |
| deteriorated significantly (the score has decreased by more than 1 point during the year) |
Please note that this analysis does not indicate that the company's financial position is good or bad, but rather describes it in comparison to other U.S. businesses. For a detailed financial analysis, please use "ReadyRatios Financial Analysis" - load the data into the program>>