PRICESMART INC
PSMT · Retail-Variety Stores · 30.9M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$4M (gross $13M, SBC $17M)
Reference price $158.56 · est. market cap ~$4.9B — last insider sale, 2026-05-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C63Quality LatAm warehouse-club operator with steady mid-single-digit growth but thin retail margins and only mid-pack returns.
Strengths
- Consistent ~7.7% net merchandise sales growth across all segments with healthy club expansion
- Conservative balance sheet (debt/equity 0.12, 30th pct) and positive FCF of $103M (66th pct)
Risks
- Net margin 2.8% and gross margin 17.4% sit near sector bottom (22nd pct); ROE only 11th pct
- Heavy exposure to FX volatility, US-dollar illiquidity, and political/civil unrest across Central America, Caribbean and Colombia
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~100% of revenue from one customer/distributor — Net Merchandise Sales by Category The following table indicates the approximate percentage of net sales accounted for by each major category of items sold during the fiscal years ended August 31, 20
- Strong balance sheetStrong balance sheet — $314M cash & investments
- Insider sellingInsider selling — 12 open-market sale(s) by 8 insider(s) (cluster of 8 insiders, ~$6M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
17.4%
Operating margin
4.4%
Net margin
2.8%
Return on equity
11.9%
Return on assets
6.5%
ROIC
13.2%
Revenue growth (QoQ)
8.2%
Net-income growth
6.5%
Debt / equity
0.1×
Net debt / EBITDA
-0.5×
Current ratio
1.3×
Free cash flow
$103M
EBITDA
$321M
Tangible book value
$1.2B
Cash & investments
$314M
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-22 | PRICE ROBERT E | Gift | 9.0K | — |
| 2026-06-22 | PRICE ROBERT E | Gift | 9.0K | — |
| 2026-05-15 | Velasco Francisco | Sell | 338 | $158.56 |
| 2026-05-04 | ZURCHER EDGAR | Sell | 2.3K | $155.17 |
| 2026-04-30 | Hanson Gordon H. | Sell | 635 | $157.60 |
| 2026-04-29 | Price Philanthropies Foundation | Gift | 8.0K | — |
| 2026-04-29 | PRICE ROBERT E | Gift | 8.0K | — |
| 2026-04-24 | Kovaleski Paul | Tax withheld | 19 | $162.15 |
| 2026-04-23 | PRICE ROBERT E | Sell | 10K | $161.79 |
| 2026-04-22 | PRICE ROBERT E | Sell | 10K | $159.60 |
| 2026-02-13 | Velasco Francisco | Sell | 338 | $154.71 |
| 2026-02-05 | Snyder David R | Grant | 1.1K | — |
| 2026-02-05 | ZURCHER EDGAR | Grant | 1.1K | — |
| 2026-02-05 | Thelan John | Grant | 1.1K | — |
| 2026-02-05 | Marquez Patricia | Grant | 1.1K | — |
| 2026-02-05 | JANKS LEON C | Grant | 1.1K | — |
| 2026-02-05 | INFANTE BEATRIZ V | Grant | 1.1K | — |
| 2026-02-05 | Hanson Gordon H. | Grant | 1.1K | — |
| 2026-02-05 | FISHER JEFFREY | Grant | 1.1K | — |
| 2026-02-05 | Bahrambeygui Sherry S. | Grant | 1.1K | — |
| 2026-01-28 | Price Philanthropies Foundation | Gift | 13K | — |
| 2026-01-28 | PRICE ROBERT E | Gift | 13K | — |
| 2026-01-26 | PRICE ROBERT E | Sell | 2.0K | $141.27 |
| 2026-01-26 | Kovaleski Paul | Tax withheld | 180 | $140.70 |
| 2026-01-12 | JANKS LEON C | Sell | 1.5K | $137.62 |
| 2026-01-12 | JANKS LEON C | Sell | 1.5K | $136.95 |
| 2026-01-12 | Kovaleski Paul | Sell | 4.3K | $136.86 |
| 2026-01-12 | INFANTE BEATRIZ V | Sell | 2.0K | $136.87 |
| 2026-01-12 | HILDEBRANDT JOHN D | Sell | 7.4K | $136.88 |
| 2025-11-14 | Kovaleski Paul | Sell | 1.3K | $114.55 |
| 2025-11-07 | Hanson Gordon H. | Sell | 851 | $117.44 |
| 2025-11-04 | HILDEBRANDT JOHN D | Sell | 10K | $115.10 |
| 2025-10-27 | Velasco Francisco | Tax withheld | 5.8K | $123.15 |
| 2025-10-27 | Kovaleski Paul | Tax withheld | 3.2K | $123.15 |
| 2025-10-27 | Price David R | Tax withheld | 5.0K | $123.15 |
| 2025-10-27 | Sadin Wayne J | Tax withheld | 3.8K | $123.15 |
| 2025-10-27 | HILDEBRANDT JOHN D | Tax withheld | 9.1K | $123.15 |
| 2025-10-17 | HILDEBRANDT JOHN D | Grant | 3.3K | — |
| 2025-10-17 | Price David R | Grant | 1.3K | — |
| 2025-10-17 | Velasco Francisco | Grant | 1.6K | — |
| 2025-10-17 | Kovaleski Paul | Grant | 1.1K | — |
| 2025-10-17 | Sadin Wayne J | Grant | 1.2K | — |
| 2025-10-06 | Velasco Francisco | Sell | 550 | $122.82 |
| 2025-09-09 | McCleary Michael | Sell | 4.9K | $110.62 |
| 2025-09-09 | McCleary Michael | Sell | 9.8K | $110.62 |
| 2025-09-04 | HILDEBRANDT JOHN D | Grant | 9.7K | — |
| 2025-09-04 | Hernandez Gualberto | Grant | 39K | — |
| 2025-09-04 | Sadin Wayne J | Grant | 3.6K | — |
| 2025-09-04 | Velasco Francisco | Grant | 4.7K | — |
| 2025-09-04 | Kovaleski Paul | Grant | 3.4K | — |
| 2025-09-04 | Price David R | Grant | 74K | — |
| 2025-08-29 | HILDEBRANDT JOHN D | Tax withheld | 1.8K | $108.06 |
| 2025-08-29 | McCleary Michael | Tax withheld | 1.3K | $108.06 |
| 2025-08-29 | Price David R | Tax withheld | 183 | $108.06 |
| 2025-08-29 | Sadin Wayne J | Tax withheld | 148 | $108.06 |
| 2025-08-29 | Velasco Francisco | Tax withheld | 1.5K | $108.06 |
| 2025-07-25 | Price Philanthropies Foundation | Gift | 30K | — |
| 2025-07-07 | Velasco Francisco | Sell | 550 | $106.31 |
| 2025-05-15 | ZURCHER EDGAR | Sell | 390 | $102.78 |
| 2025-05-15 | FISHER JEFFREY | Sell | 2.0K | $104.00 |
| 2025-05-14 | JANKS LEON C | Sell | 3.0K | $101.78 |
| 2025-05-14 | Price Philanthropies Foundation | Gift | 30K | — |
| 2025-05-14 | FISHER JEFFREY | Sell | 3.0K | $102.21 |
| 2025-05-06 | Velasco Francisco | Sell | 550 | $99.74 |
| 2025-04-28 | Bahrambeygui Sherry S. | Gift | 9.1K | — |
| 2025-04-28 | Bahrambeygui Sherry S. | Gift | 9.1K | — |
| 2025-04-25 | Kovaleski Paul | Sell | 896 | $100.85 |
| 2025-04-24 | Kovaleski Paul | Tax withheld | 19 | $100.26 |
| 2025-04-22 | Velasco Francisco | Disposition | 280 | — |
| 2025-03-24 | PRICE ROBERT E | Gift | 20K | — |
| 2025-03-24 | PRICE ROBERT E | Gift | 20K | — |
| 2025-02-12 | FISHER JEFFREY | Sell | 200 | $95.02 |
| 2025-02-11 | FISHER JEFFREY | Sell | 700 | $95.02 |
| 2025-02-10 | FISHER JEFFREY | Sell | 1.7K | $95.00 |
| 2025-02-06 | Hanson Gordon H. | Grant | 1.6K | — |
| 2025-02-06 | FISHER JEFFREY | Grant | 1.6K | — |
| 2025-02-06 | ZURCHER EDGAR | Grant | 1.6K | — |
| 2025-02-06 | Thelan John | Grant | 1.6K | — |
| 2025-02-06 | snyder david r | Grant | 1.6K | — |
| 2025-02-06 | JANKS LEON C | Grant | 1.6K | — |
| 2025-02-06 | Marquez Patricia | Grant | 1.6K | — |
| 2025-02-06 | INFANTE BEATRIZ V | Grant | 1.6K | — |
| 2025-02-06 | Bahrambeygui Sherry S. | Grant | 1.6K | — |
| 2025-02-02 | Velasco Francisco | Grant | 136 | — |
| 2025-01-30 | FISHER JEFFREY | Sell | 5.0K | $93.00 |
| 2025-01-30 | FISHER JEFFREY | Gift | 2.0K | — |
| 2025-01-30 | FISHER JEFFREY | Gift | 2.0K | — |
| 2025-01-27 | HILDEBRANDT JOHN D | Sell | 580 | $92.40 |
| 2025-01-24 | Price David R | Tax withheld | 145 | $90.45 |
| 2025-01-24 | Kovaleski Paul | Tax withheld | 355 | $90.45 |
| 2025-01-24 | Velasco Francisco | Tax withheld | 59 | $90.45 |
| 2025-01-24 | HILDEBRANDT JOHN D | Tax withheld | 247 | $90.45 |
| 2025-01-23 | Price Philanthropies Foundation | Gift | 30K | — |
| 2025-01-23 | HILDEBRANDT JOHN D | Sell | 8.0K | $90.51 |
| 2025-01-23 | Velasco Francisco | Sell | 555 | $90.42 |
| 2025-01-23 | PRICE ROBERT E | Gift | 10K | — |
| 2025-01-21 | McCleary Michael | Sell | 4.0K | $89.67 |
| 2025-01-15 | Hanson Gordon H. | Sell | 1.1K | $87.22 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-04-08 | ResultsExhibits | filing ↗ |
| 2026-02-06 | Exec/director changeShareholder voteOtherExhibits | filing ↗ |
| 2026-01-07 | ResultsExhibits | filing ↗ |
| 2025-10-30 | ResultsExhibits | filing ↗ |
| 2025-09-05 | Exec/director changeExhibits | filing ↗ |
| 2025-07-14 | ResultsExhibits | filing ↗ |
| 2025-06-20 | Exec/director change | filing ↗ |
| 2025-05-09 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-04-08 | 2026-04-08 | 0001041803-26-000020 ↗ |
| 10-Q | 2026-04-08 | 2026-02-28 | 0001041803-26-000018 ↗ |
| 8-K | 2026-02-06 | 2026-02-05 | 0001041803-26-000013 ↗ |
| 8-K | 2026-01-07 | 2026-01-07 | 0001041803-26-000008 ↗ |
| 10-Q | 2026-01-07 | 2025-11-30 | 0001041803-26-000006 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001041803-25-000062 ↗ |
| 10-K | 2025-10-30 | 2025-08-31 | 0001041803-25-000060 ↗ |
| 8-K/A | 2025-09-05 | 2025-02-28 | 0001041803-25-000051 ↗ |
| 8-K | 2025-07-14 | 2025-07-10 | 0001041803-25-000046 ↗ |
| 10-Q | 2025-07-10 | 2025-05-31 | 0001041803-25-000043 ↗ |
| 8-K/A | 2025-06-20 | 2025-02-28 | 0001041803-25-000037 ↗ |
| 8-K | 2025-05-09 | 2025-05-08 | 0001041803-25-000033 ↗ |