BJ's Wholesale Club Holdings, Inc.
BJ · Retail-Variety Stores · 127.7M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $116M (gross $155M, SBC $39M)
Reference price $90.21 · est. market cap ~$11.5B — last insider sale, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B73Leading eastern-US warehouse club with a loyal, fee-paying membership base, strong returns on capital and robust free cash flow.
Strengths
- High ROE 26.3% (77.8th) and ROA 7.7% (66.7th); strong FCF (79.9th)
- Durable membership model: 8M+ members, 25+ years of fee-income growth, ~27% private label
- Low leverage (debt/equity 0.24) and scale advantages versus supermarkets
Risks
- Thin net margin 2.7% (11th) and low current/quick ratios (11th) — sector-normal but leave little cushion
- Intense competition from larger Costco and Sam's Club
- Consumer-spending and SNAP-policy sensitivity
Notable findings
- Weak liquidityCurrent ratio 0.75 (<1)
- Insider sellingInsider selling — 11 open-market sale(s) by 5 insider(s) (cluster of 5 insiders, ~$6M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
18.6%
Operating margin
3.8%
Net margin
2.7%
Return on equity
26.3%
Return on assets
7.7%
ROIC
23.7%
Revenue growth (QoQ)
5.9%
Net-income growth
8.2%
Debt / equity
0.2×
Net debt / EBITDA
0.4×
Current ratio
0.7×
Free cash flow
$328M
EBITDA
$1.1B
Tangible book value
$1.1B
Cash & investments
$46M
Stock comp / revenue
0.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-18 | Burwick David A | Grant | 2.3K | — |
| 2026-06-18 | Naylor Maile | Grant | 2.3K | — |
| 2026-06-18 | Steele Robert Allan | Grant | 2.3K | — |
| 2026-06-18 | Robinson Cathy Marie | Grant | 2.3K | — |
| 2026-06-18 | Peterson Christopher H | Grant | 2.3K | — |
| 2026-06-18 | Parent Kenneth M. | Grant | 2.3K | — |
| 2026-06-18 | Gloeckler Michelle J. | Grant | 2.3K | — |
| 2026-06-18 | Ortega Steven L | Grant | 2.3K | — |
| 2026-06-18 | Brown Darryl | Grant | 2.3K | — |
| 2026-06-15 | Eddy Robert W. | Sell | 6.6K | $90.21 |
| 2026-06-15 | Eddy Robert W. | Sell | 1.4K | $91.35 |
| 2026-06-10 | Schmadeke Scott | Sell | 16K | $92.17 |
| 2026-05-15 | Eddy Robert W. | Sell | 5.5K | $95.91 |
| 2026-05-15 | Eddy Robert W. | Sell | 2.5K | $96.60 |
| 2026-04-15 | Eddy Robert W. | Sell | 300 | $91.69 |
| 2026-04-15 | McGrail Joseph | Sell | 2.0K | $91.19 |
| 2026-04-15 | Eddy Robert W. | Sell | 7.7K | $90.99 |
| 2026-04-13 | Morningstar Timothy Pierce | Sell | 7.4K | $93.19 |
| 2026-04-10 | Morningstar Timothy Pierce | Sell | 7.4K | $90.40 |
| 2026-04-01 | Cichocki Paul | Grant | 16K | — |
| 2026-04-01 | Cichocki Paul | Tax withheld | 16K | $94.61 |
| 2026-04-01 | Cichocki Paul | Grant | 16K | — |
| 2026-04-01 | Felice Laura L. | Grant | 10K | — |
| 2026-04-01 | Felice Laura L. | Tax withheld | 11K | $94.61 |
| 2026-04-01 | Felice Laura L. | Grant | 14K | — |
| 2026-04-01 | Eddy Robert W. | Tax withheld | 49K | $94.61 |
| 2026-04-01 | Eddy Robert W. | Grant | 55K | — |
| 2026-04-01 | Eddy Robert W. | Grant | 48K | — |
| 2026-04-01 | Schwartz Monica | Grant | 7.9K | — |
| 2026-04-01 | McGrail Joseph | Grant | 1.5K | — |
| 2026-04-01 | McGrail Joseph | Tax withheld | 3.1K | $94.61 |
| 2026-04-01 | McGrail Joseph | Grant | 4.1K | — |
| 2026-04-01 | Schwartz Monica | Grant | 6.0K | — |
| 2026-04-01 | Schwartz Monica | Tax withheld | 5.5K | $94.61 |
| 2026-04-01 | Luce Graham | Grant | 6.2K | — |
| 2026-04-01 | Luce Graham | Tax withheld | 6.0K | $94.61 |
| 2026-04-01 | Luce Graham | Grant | 6.3K | — |
| 2026-04-01 | Morningstar Timothy Pierce | Grant | 11K | — |
| 2026-04-01 | Morningstar Timothy Pierce | Tax withheld | 11K | $94.61 |
| 2026-04-01 | Morningstar Timothy Pierce | Grant | 13K | — |
| 2026-04-01 | Werner William C. | Grant | 7.9K | — |
| 2026-04-01 | Werner William C. | Tax withheld | 7.5K | $94.61 |
| 2026-04-01 | Werner William C. | Grant | 6.9K | — |
| 2026-04-01 | Schmadeke Scott | Grant | 2.6K | — |
| 2026-04-01 | Schmadeke Scott | Tax withheld | 4.9K | $94.61 |
| 2026-04-01 | Schmadeke Scott | Grant | 8.2K | — |
| 2026-02-17 | Felice Laura L. | Sell | 8.4K | $104.95 |
| 2026-02-03 | Eddy Robert W. | Tax withheld | 37K | $95.80 |
| 2025-12-05 | Werner William C. | Sell | 7.0K | $91.09 |
| 2025-11-03 | Eddy Robert W. | Sell | 1.2K | $87.67 |
| 2025-11-03 | Eddy Robert W. | Sell | 5.1K | $89.04 |
| 2025-11-03 | Eddy Robert W. | Sell | 4.6K | $89.73 |
| 2025-11-03 | Eddy Robert W. | Sell | 7.0K | $90.53 |
| 2025-10-17 | Cichocki Paul | Gift | 25K | — |
| 2025-10-01 | Eddy Robert W. | Sell | 12K | $90.62 |
| 2025-10-01 | Eddy Robert W. | Sell | 5.1K | $91.05 |
| 2025-10-01 | Eddy Robert W. | Sell | 500 | $92.15 |
| 2025-10-01 | Eddy Robert W. | Sell | 600 | $93.27 |
| 2025-09-27 | Schwartz Monica | Grant | 3.2K | — |
| 2025-09-27 | Werner William C. | Tax withheld | 10K | $93.10 |
| 2025-09-24 | Werner William C. | Grant | 41K | — |
| 2025-09-17 | Luce Graham | Sell | 6.3K | $99.86 |
| 2025-09-02 | Eddy Robert W. | Sell | 18K | $98.15 |
| 2025-09-02 | Eddy Robert W. | Sell | 200 | $98.71 |
| 2025-08-26 | Ortega Steven L | Buy | 2.1K | $96.09 |
| 2025-08-01 | Eddy Robert W. | Sell | 2.7K | $107.13 |
| 2025-08-01 | Eddy Robert W. | Sell | 8.5K | $108.03 |
| 2025-08-01 | Eddy Robert W. | Sell | 3.1K | $109.03 |
| 2025-08-01 | Eddy Robert W. | Sell | 3.6K | $109.93 |
| 2025-08-01 | Cichocki Paul | Sell | 58K | $110.08 |
| 2025-07-11 | Cichocki Paul | Sell | 4.3K | $107.20 |
| 2025-07-11 | Cichocki Paul | Sell | 40K | $106.59 |
| 2025-07-01 | Eddy Robert W. | Sell | 7.3K | $106.73 |
| 2025-07-01 | Eddy Robert W. | Sell | 9.9K | $107.27 |
| 2025-07-01 | Eddy Robert W. | Sell | 698 | $108.03 |
| 2025-06-19 | Burwick David A | Grant | 1.7K | — |
| 2025-06-19 | Robinson Cathy Marie | Grant | 1.7K | — |
| 2025-06-19 | Peterson Christopher H | Grant | 1.7K | — |
| 2025-06-19 | Parent Kenneth M. | Grant | 1.7K | — |
| 2025-06-19 | Ortega Steven L | Grant | 1.7K | — |
| 2025-06-19 | Naylor Maile | Grant | 1.7K | — |
| 2025-06-19 | Steele Robert Allan | Grant | 1.7K | — |
| 2025-06-19 | Gloeckler Michelle J. | Grant | 1.7K | — |
| 2025-06-19 | Brown Darryl | Grant | 1.7K | — |
| 2025-06-03 | Steele Robert Allan | Sell | 9.8K | $112.21 |
| 2025-06-02 | Eddy Robert W. | Sell | 9.9K | $111.60 |
| 2025-06-02 | Eddy Robert W. | Sell | 6.9K | $112.34 |
| 2025-06-02 | Eddy Robert W. | Sell | 1.1K | $113.21 |
| 2025-05-27 | Ortega Steven L | Buy | 1.7K | $114.60 |
| 2025-05-01 | Eddy Robert W. | Sell | 500 | $115.95 |
| 2025-05-01 | Eddy Robert W. | Sell | 12K | $117.39 |
| 2025-05-01 | Eddy Robert W. | Sell | 5.0K | $117.90 |
| 2025-04-15 | McGrail Joseph | Sell | 2.1K | $119.74 |
| 2025-04-07 | Eddy Robert W. | Option exercise | 262K | $17.00 |
| 2025-04-07 | Eddy Robert W. | Sell | 10K | $111.45 |
| 2025-04-07 | Eddy Robert W. | Sell | 22K | $112.27 |
| 2025-04-07 | Eddy Robert W. | Sell | 40K | $113.55 |
| 2025-04-07 | Eddy Robert W. | Sell | 132K | $114.33 |
| 2025-04-07 | Eddy Robert W. | Sell | 46K | $115.19 |
| 2025-04-07 | Eddy Robert W. | Sell | 28K | $116.29 |
| 2025-04-07 | Eddy Robert W. | Sell | 2.1K | $116.91 |
| 2025-04-04 | Schwartz Monica | Sell | 11K | $115.65 |
| 2025-04-03 | Schmadeke Scott | Sell | 4.5K | $117.79 |
| 2025-04-03 | Werner William C. | Sell | 364 | $113.11 |
| 2025-04-03 | Werner William C. | Sell | 194 | $115.29 |
| 2025-04-03 | Werner William C. | Sell | 1.3K | $116.27 |
| 2025-04-03 | Werner William C. | Sell | 4.9K | $117.36 |
| 2025-04-03 | Werner William C. | Sell | 7.3K | $118.32 |
| 2025-04-03 | Werner William C. | Sell | 168 | $118.85 |
| 2025-04-03 | Schmadeke Scott | Option exercise | 4.5K | $27.59 |
| 2025-04-01 | Werner William C. | Grant | 5.7K | — |
| 2025-04-01 | Eddy Robert W. | Grant | 44K | — |
| 2025-04-01 | Schmadeke Scott | Tax withheld | 6.2K | $114.88 |
| 2025-04-01 | Schmadeke Scott | Grant | 5.7K | — |
| 2025-04-01 | Schmadeke Scott | Grant | 4.6K | — |
| 2025-04-01 | Werner William C. | Grant | 14K | — |
| 2025-04-01 | McGrail Joseph | Grant | 3.3K | — |
| 2025-04-01 | McGrail Joseph | Tax withheld | 4.1K | $114.88 |
| 2025-04-01 | McGrail Joseph | Grant | 4.1K | — |
| 2025-04-01 | Schwartz Monica | Grant | 13K | — |
| 2025-04-01 | Schwartz Monica | Tax withheld | 9.0K | $114.88 |
| 2025-04-01 | Schwartz Monica | Grant | 5.2K | — |
| 2025-04-01 | Luce Graham | Grant | 4.9K | — |
| 2025-04-01 | Luce Graham | Tax withheld | 5.9K | $114.88 |
| 2025-04-01 | Luce Graham | Grant | 4.8K | — |
| 2025-04-01 | Harve Anjana | Tax withheld | 1.2K | $114.88 |
| 2025-04-01 | Harve Anjana | Grant | 4.8K | — |
| 2025-04-01 | Cichocki Paul | Grant | 33K | — |
| 2025-04-01 | Cichocki Paul | Tax withheld | 25K | $114.88 |
| 2025-04-01 | Cichocki Paul | Grant | 13K | — |
| 2025-04-01 | Felice Laura L. | Grant | 20K | — |
| 2025-04-01 | Felice Laura L. | Tax withheld | 16K | $114.88 |
| 2025-04-01 | Felice Laura L. | Grant | 11K | — |
| 2025-04-01 | Eddy Robert W. | Grant | 92K | — |
| 2025-04-01 | Eddy Robert W. | Tax withheld | 71K | $114.88 |
| 2025-04-01 | Werner William C. | Tax withheld | 11K | $114.88 |
| 2025-03-19 | Werner William C. | Option exercise | 20K | $17.00 |
| 2025-03-19 | Werner William C. | Sell | 10K | $110.77 |
| 2025-03-19 | Werner William C. | Sell | 9.6K | $110.02 |
| 2025-03-14 | Steele Robert Allan | Option exercise | 12K | $7.00 |
| 2025-03-14 | Steele Robert Allan | Sell | 12K | $107.59 |
| 2025-02-03 | Eddy Robert W. | Tax withheld | 37K | $99.62 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-18 | 2026-06-18 | 0001104659-26-075759 ↗ |
| 10-Q | 2026-05-28 | 2026-05-02 | 0001531152-26-000030 ↗ |
| 8-K | 2026-05-22 | 2026-05-22 | 0001531152-26-000026 ↗ |
| 10-K | 2026-03-12 | 2026-01-31 | 0001531152-26-000007 ↗ |
| 8-K | 2026-03-05 | 2026-03-05 | 0001531152-26-000003 ↗ |
| 10-Q | 2025-11-26 | 2025-11-01 | 0001531152-25-000131 ↗ |
| 8-K | 2025-11-21 | 2025-11-21 | 0001531152-25-000127 ↗ |
| 10-Q | 2025-08-28 | 2025-08-02 | 0001531152-25-000105 ↗ |
| 8-K | 2025-08-22 | 2025-08-22 | 0001531152-25-000097 ↗ |
| 8-K | 2025-06-20 | 2025-06-19 | 0001104659-25-061197 ↗ |
| 10-Q | 2025-05-29 | 2025-05-03 | 0001531152-25-000057 ↗ |
| 8-K | 2025-05-22 | 2025-05-22 | 0001531152-25-000050 ↗ |