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

BJ's Wholesale Club brought in $21.5B of revenue in fiscal 2025, Walmart $713.2B in fiscal 2026. Revenue changed by +4.7% at BJ's Wholesale Club and +4.7% at Walmart on the year before, so Walmart grew faster. BJ's Wholesale Club kept 2.7% of its revenue as net profit, Walmart 3.1%. Free cash flow was $328M at BJ's Wholesale Club and $14.9B at Walmart.

Side by side, latest fiscal year

BJWMT
Fiscal year endedFY2025 (January 31, 2026)FY2026 (January 31, 2026)
Revenue$21.5B$713.2B
Revenue growth+4.7%+4.7%
Net income$578.4M$21.9B
Net margin2.7%3.1%
Free cash flow$328M$14.9B
Free cash flow margin1.5%2.1%
Earnings per share (diluted)$4.38$2.73
Cash$46.2M$10.7B
Debt$399.1M$38.2B
Price to earnings21.439.5
Market value$12B$859.3B
Dividend yieldn/a0.87%
Rank by revenue in sector#55 of 778 · Consumer discretionary#2 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: $21.5BWMT FY2019: $514.4BWMT FY2020: $524BWMT FY2021: $559.2BWMT FY2022: $572.8BWMT FY2023: $611.3BWMT FY2024: $648.1BWMT FY2025: $681BWMT FY2026: $713.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BJ $21.5BWMT $713.2B
Net income
BJ FY2018: $127.3MBJ FY2019: $187.2MBJ FY2020: $421MBJ FY2021: $426.7MBJ FY2022: $513.2MBJ FY2023: $523.7MBJ FY2024: $534.4MBJ FY2025: $578.4MWMT FY2019: $6.7BWMT FY2020: $14.9BWMT FY2021: $13.5BWMT FY2022: $13.7BWMT FY2023: $11.7BWMT FY2024: $15.5BWMT FY2025: $19.4BWMT FY2026: $21.9BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BJ $578.4MWMT $21.9B
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%WMT FY2019: 1.3%WMT FY2020: 2.8%WMT FY2021: 2.4%WMT FY2022: 2.4%WMT FY2023: 1.9%WMT FY2024: 2.4%WMT FY2025: 2.9%WMT FY2026: 3.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
BJ 2.7%WMT 3.1%
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%WMT FY2020: +1.9%WMT FY2021: +6.7%WMT FY2022: +2.4%WMT FY2023: +6.7%WMT FY2024: +6.0%WMT FY2025: +5.1%WMT FY2026: +4.7%FY19FY20FY21FY22FY23FY24FY25FY26
BJ +4.7%WMT +4.7%
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: $328MWMT FY2019: $17.4BWMT FY2020: $14.6BWMT FY2021: $25.8BWMT FY2022: $11.1BWMT FY2023: $12BWMT FY2024: $15.1BWMT FY2025: $12.7BWMT FY2026: $14.9BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BJ $328MWMT $14.9B

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

Questions about BJ's Wholesale Club and Walmart

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

Walmart is bigger by revenue: $713.2B in fiscal 2026, against $21.5B for BJ's Wholesale Club in fiscal 2025.

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

BJ's Wholesale Club had a net margin of 2.7% in fiscal 2025; Walmart had 3.1% in fiscal 2026.

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

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

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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