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BJ's Wholesale Club vs Costco Wholesale: revenue, profit, margins and growth compared

BJ's Wholesale Club brought in $21.5B of revenue in fiscal 2025, Costco Wholesale $275.2B in fiscal 2025. Revenue changed by +4.7% at BJ's Wholesale Club and +8.2% at Costco Wholesale on the year before, so Costco Wholesale grew faster. BJ's Wholesale Club kept 2.7% of its revenue as net profit, Costco Wholesale 2.9%. Free cash flow was $328M at BJ's Wholesale Club and $7.8B at Costco Wholesale.

Side by side, latest fiscal year

BJCOST
Fiscal year endedFY2025 (January 31, 2026)FY2025 (August 31, 2025)
Revenue$21.5B$275.2B
Revenue growth+4.7%+8.2%
Net income$578.4M$8.1B
Net margin2.7%2.9%
Free cash flow$328M$7.8B
Free cash flow margin1.5%2.8%
Earnings per share (diluted)$4.38$18.21
Cash$46.2M$14.2B
Debt$399.1M$5.8B
Price to earnings21.450.7
Market value$12B$409.2B
Dividend yieldn/a0.53%
Rank by revenue in sector#55 of 778 · Consumer discretionary#3 of 778 · Consumer discretionary

Over the years

Revenue
BJ FY2018: $13BBJ FY2019: $13.2BBJ FY2020: $15.4BBJ FY2021: $16.7BBJ FY2022: $19.3BBJ FY2023: $20BBJ FY2024: $20.5BBJ FY2025: $21.5BCOST FY2018: $141.6BCOST FY2019: $152.7BCOST FY2020: $166.8BCOST FY2021: $195.9BCOST FY2022: $227BCOST FY2023: $242.3BCOST FY2024: $254.5BCOST FY2025: $275.2BFY18FY19FY20FY21FY22FY23FY24FY25
BJ $21.5BCOST $275.2B
Net income
BJ FY2018: $127.3MBJ FY2019: $187.2MBJ FY2020: $421MBJ FY2021: $426.7MBJ FY2022: $513.2MBJ FY2023: $523.7MBJ FY2024: $534.4MBJ FY2025: $578.4MCOST FY2018: $3.1BCOST FY2019: $3.7BCOST FY2020: $4BCOST FY2021: $5BCOST FY2022: $5.8BCOST FY2023: $6.3BCOST FY2024: $7.4BCOST FY2025: $8.1BFY18FY19FY20FY21FY22FY23FY24FY25
BJ $578.4MCOST $8.1B
Net margin
BJ FY2018: 1.0%BJ FY2019: 1.4%BJ FY2020: 2.7%BJ FY2021: 2.6%BJ FY2022: 2.7%BJ FY2023: 2.6%BJ FY2024: 2.6%BJ FY2025: 2.7%COST FY2018: 2.2%COST FY2019: 2.4%COST FY2020: 2.4%COST FY2021: 2.6%COST FY2022: 2.6%COST FY2023: 2.6%COST FY2024: 2.9%COST FY2025: 2.9%FY18FY19FY20FY21FY22FY23FY24FY25
BJ 2.7%COST 2.9%
Revenue growth
BJ FY2019: +1.4%BJ FY2020: +17.0%BJ FY2021: +8.0%BJ FY2022: +15.9%BJ FY2023: +3.4%BJ FY2024: +2.7%BJ FY2025: +4.7%COST FY2019: +7.9%COST FY2020: +9.2%COST FY2021: +17.5%COST FY2022: +15.8%COST FY2023: +6.8%COST FY2024: +5.0%COST FY2025: +8.2%FY19FY20FY21FY22FY23FY24FY25
BJ +4.7%COST +8.2%
Free cash flow
BJ FY2018: $281.2MBJ FY2019: $158.2MBJ FY2020: $650.2MBJ FY2021: $508.1MBJ FY2022: $390.4MBJ FY2023: $251.8MBJ FY2024: $312.9MBJ FY2025: $328MCOST FY2018: $2.8BCOST FY2019: $3.4BCOST FY2020: $6.1BCOST FY2021: $5.4BCOST FY2022: $3.5BCOST FY2023: $6.7BCOST FY2024: $6.6BCOST FY2025: $7.8BFY18FY19FY20FY21FY22FY23FY24FY25
BJ $328MCOST $7.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about BJ's Wholesale Club and Costco Wholesale

Which is bigger by revenue, BJ's Wholesale Club or Costco Wholesale?

Costco Wholesale is bigger by revenue: $275.2B in fiscal 2025, against $21.5B for BJ's Wholesale Club in fiscal 2025.

Which keeps more of its revenue as profit, BJ's Wholesale Club or Costco Wholesale?

BJ's Wholesale Club had a net margin of 2.7% in fiscal 2025; Costco Wholesale had 2.9% in fiscal 2025.

Which grew revenue faster, BJ's Wholesale Club or Costco Wholesale?

In their latest fiscal years revenue changed by +4.7% at BJ's Wholesale Club and +8.2% at Costco Wholesale.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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