BJ vs WMT
BJ's Wholesale Club Holdings, Inc. and Walmart Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BJ | WMT |
|---|---|---|
| Revenue | $21.5B | $713.2B |
| Net income | $578.4M | $21.9B |
| Gross margin | 18.6% | 24.9% |
| Net margin | 2.7% | 3.1% |
| Return on equity | 28.6% | 23.0% |
| Diluted EPS | $4.38 | $2.73 |
| Dividend / share | · | $0.94 |
| Payout ratio | · | 34.3% |
| Free cash flow | $328.0M | $14.9B |
| Equity | $2.2B | $99.6B |
| Net debt / equity | 0.22× | 0.28× |
| Current ratio | 0.75× | 0.79× |
| Revenue CAGR 5y | 6.8% | 5.0% |
| Profit CAGR 5y | 6.6% | 10.1% |
WMT bills 33.2× the revenue of BJ, and keeps more of each dollar of revenue as profit (3.1% against 2.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BJ | WMT |
|---|---|---|
| FY2025 | $21.5B | $713.2B |
| FY2024 | $20.5B | $681.0B |
| FY2023 | $20.0B | $648.1B |
| FY2022 | $19.3B | $611.3B |
| FY2021 | $16.7B | $572.8B |
| FY2020 | $15.4B | $559.2B |
| FY2019 | $13.2B | $524.0B |
| FY2018 | $13.0B | $514.4B |
| FY2017 | $12.8B | $500.3B |
| FY2016 | $12.4B | $485.9B |
Bottom line
| Fiscal year | BJ | WMT |
|---|---|---|
| FY2025 | $578.4M | $21.9B |
| FY2024 | $534.4M | $19.4B |
| FY2023 | $523.7M | $15.5B |
| FY2022 | $513.2M | $11.7B |
| FY2021 | $426.7M | $13.7B |
| FY2020 | $421.0M | $13.5B |
| FY2019 | $187.2M | $14.9B |
| FY2018 | $127.3M | $6.7B |
| FY2017 | $50.3M | $9.9B |
| FY2016 | $44.2M | $13.6B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$691,705,726,000 | WMT |
| FY2024 | −$660,483,196,000 | WMT |
| FY2023 | −$628,156,311,000 | WMT |
| FY2022 | −$591,973,835,000 | WMT |
| FY2021 | −$556,086,698,000 | WMT |
| FY2020 | −$543,720,983,000 | WMT |
| FY2019 | −$510,773,293,000 | WMT |
| FY2018 | −$501,397,653,000 | WMT |
| FY2017 | −$487,588,411,000 | WMT |
| FY2016 | −$473,522,463,000 | WMT |
WMT has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −0.4 pp | WMT |
| FY2024 | −0.4 pp | WMT |
| FY2023 | +0.1 pp | BJ |
| FY2022 | +0.8 pp | BJ |
| FY2021 | +0.1 pp | BJ |
| FY2020 | +0.3 pp | BJ |
| FY2019 | −1.5 pp | WMT |
| FY2018 | −0.4 pp | WMT |
| FY2017 | −1.7 pp | WMT |
| FY2016 | −2.6 pp | WMT |
The higher net margin has changed hands between BJ and WMT over this period.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BJ's net margin has been more volatile than WMT's over the 10 comparable fiscal years — 1.0 percentage points of standard deviation against 0.5.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BJ and WMT over these 10 fiscal years — BJ led in 4 and WMT in 6.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BJ's return on equity has been more volatile than WMT's over the 5 comparable fiscal years — 21.9 percentage points of standard deviation against 3.2.
5 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
BJ led in return on equity in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 19 comparable fiscal years — a year missing data on either side is not counted.