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BJ's Wholesale Club Holdings, Inc.（BJ）与普尔斯马特（PSMT）财务数据对比。点击上方公司名可切换其他公司
BJ's Wholesale Club Holdings, Inc.的季度营收约是普尔斯马特的3.9倍（$5.3B vs $1.4B）。普尔斯马特净利率更高（2.9% vs 2.8%，领先0.1%）。普尔斯马特同比增速更快（9.9% vs 4.9%）。普尔斯马特自由现金流更多（$32.6M vs $-13.7M）。过去两年普尔斯马特的营收复合增速更高（3.5% vs -0.1%）
BJ's Wholesale Club Holdings是美国区域型会员制仓储连锁商超，总部位于马萨诸塞州马尔伯勒，业务覆盖美国东部地区及俄亥俄、密歇根、肯塔基州路易斯维尔、印第安纳、田纳西、佛罗里达、阿拉巴马等地，主要竞争对手为好市多和山姆会员店。
PriceSmart（普尔斯马特）是一家美资会员制仓储商超运营商，业务覆盖中美洲、加勒比地区及南美洲。公司由Price Club的创立者索尔·普莱斯与罗伯特·普莱斯共同创办，罗伯特·普莱斯现任董事会主席。
BJ vs PSMT — 直观对比
营收规模更大
BJ
是对方的3.9倍
$1.4B
营收增速更快
PSMT
高出5.0%
4.9%
净利率更高
PSMT
高出0.1%
2.8%
自由现金流更多
PSMT
多$46.4M
$-13.7M
两年增速更快
PSMT
近两年复合增速
-0.1%
损益表 — Q4 2026 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $5.3B | $1.4B |
| 净利润 | $152.1M | $40.2M |
| 毛利率 | 19.0% | 17.7% |
| 营业利润率 | 4.1% | 4.6% |
| 净利率 | 2.8% | 2.9% |
| 营收同比 | 4.9% | 9.9% |
| 净利润同比 | -2.4% | 7.3% |
| 每股收益（稀释后） | $1.15 | $1.29 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BJPSMT
| Q4 25 | $5.3B | $1.4B | ||
| Q3 25 | $5.4B | $1.3B | ||
| Q2 25 | $5.2B | $1.3B | ||
| Q1 25 | $5.3B | $1.4B | ||
| Q4 24 | $5.1B | $1.3B | ||
| Q3 24 | $5.2B | $1.2B | ||
| Q2 24 | $4.9B | $1.2B | ||
| Q1 24 | $5.4B | $1.3B |
净利润BJPSMT
| Q4 25 | $152.1M | $40.2M | ||
| Q3 25 | $150.7M | $31.5M | ||
| Q2 25 | $149.8M | $35.2M | ||
| Q1 25 | $122.7M | $43.8M | ||
| Q4 24 | $155.7M | $37.4M | ||
| Q3 24 | $145.0M | $29.1M | ||
| Q2 24 | $111.0M | $32.5M | ||
| Q1 24 | $145.9M | $39.3M |
毛利率BJPSMT
| Q4 25 | 19.0% | 17.7% | ||
| Q3 25 | 18.7% | — | ||
| Q2 25 | 18.8% | — | ||
| Q1 25 | 18.0% | 17.1% | ||
| Q4 24 | 19.1% | 17.4% | ||
| Q3 24 | 18.4% | — | ||
| Q2 24 | 18.0% | — | ||
| Q1 24 | 18.0% | — |
营业利润率BJPSMT
| Q4 25 | 4.1% | 4.6% | ||
| Q3 25 | 4.0% | 4.0% | ||
| Q2 25 | 4.0% | 4.3% | ||
| Q1 25 | 3.4% | 4.8% | ||
| Q4 24 | 4.5% | 4.6% | ||
| Q3 24 | 3.9% | 4.0% | ||
| Q2 24 | 3.3% | 4.1% | ||
| Q1 24 | 4.0% | 4.9% |
净利率BJPSMT
| Q4 25 | 2.8% | 2.9% | ||
| Q3 25 | 2.8% | 2.4% | ||
| Q2 25 | 2.9% | 2.7% | ||
| Q1 25 | 2.3% | 3.2% | ||
| Q4 24 | 3.1% | 3.0% | ||
| Q3 24 | 2.8% | 2.4% | ||
| Q2 24 | 2.3% | 2.6% | ||
| Q1 24 | 2.7% | 3.0% |
每股收益（稀释后）BJPSMT
| Q4 25 | $1.15 | $1.29 | ||
| Q3 25 | $1.14 | $1.02 | ||
| Q2 25 | $1.13 | $1.14 | ||
| Q1 25 | $0.92 | $1.45 | ||
| Q4 24 | $1.17 | $1.21 | ||
| Q3 24 | $1.08 | $0.94 | ||
| Q2 24 | $0.83 | $1.08 | ||
| Q1 24 | $1.09 | $1.31 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $45.1M | $320.6M |
| 总债务越低越好 | $399.0M | $180.3M |
| 股东权益账面价值 | $2.2B | $1.3B |
| 总资产 | $7.5B | $2.4B |
| 负债/权益比越低杠杆越低 | 0.18× | 0.14× |
8季度趋势，按日历期对齐
现金及短期投资BJPSMT
| Q4 25 | $45.1M | $320.6M | ||
| Q3 25 | $47.3M | $314.2M | ||
| Q2 25 | $39.5M | $262.4M | ||
| Q1 25 | $28.3M | $247.3M | ||
| Q4 24 | $33.9M | $222.2M | ||
| Q3 24 | $38.1M | $225.5M | ||
| Q2 24 | $35.1M | $228.2M | ||
| Q1 24 | $36.0M | $264.2M |
总债务BJPSMT
| Q4 25 | $399.0M | $180.3M | ||
| Q3 25 | $399.0M | $186.6M | ||
| Q2 25 | $398.9M | $103.1M | ||
| Q1 25 | $398.8M | $107.1M | ||
| Q4 24 | $398.7M | $115.6M | ||
| Q3 24 | $398.6M | $130.4M | ||
| Q2 24 | $398.5M | $135.1M | ||
| Q1 24 | $398.4M | $140.0M |
股东权益BJPSMT
| Q4 25 | $2.2B | $1.3B | ||
| Q3 25 | $2.1B | $1.2B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $1.8B | $1.2B | ||
| Q3 24 | $1.7B | $1.1B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.5B | $1.1B |
总资产BJPSMT
| Q4 25 | $7.5B | $2.4B | ||
| Q3 25 | $7.2B | $2.3B | ||
| Q2 25 | $7.2B | $2.1B | ||
| Q1 25 | $7.1B | $2.1B | ||
| Q4 24 | $7.2B | $2.1B | ||
| Q3 24 | $6.9B | $2.0B | ||
| Q2 24 | $6.8B | $2.0B | ||
| Q1 24 | $6.7B | $2.0B |
负债/权益比BJPSMT
| Q4 25 | 0.18× | 0.14× | ||
| Q3 25 | 0.19× | 0.15× | ||
| Q2 25 | 0.20× | 0.08× | ||
| Q1 25 | 0.22× | 0.09× | ||
| Q4 24 | 0.23× | 0.10× | ||
| Q3 24 | 0.24× | 0.12× | ||
| Q2 24 | 0.26× | 0.12× | ||
| Q1 24 | 0.27× | 0.13× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $181.1M | $71.2M |
| 自由现金流经营现金流 - 资本支出 | $-13.7M | $32.6M |
| 自由现金流率自由现金流/营收 | -0.3% | 2.4% |
| 资本支出强度资本支出/营收 | 3.6% | 2.8% |
| 现金转化率经营现金流/净利润 | 1.19× | 1.77× |
| 过去12个月自由现金流最近4个季度 | $249.6M | $125.5M |
8季度趋势，按日历期对齐
经营现金流BJPSMT
| Q4 25 | $181.1M | $71.2M | ||
| Q3 25 | $249.9M | $82.1M | ||
| Q2 25 | $208.1M | $52.8M | ||
| Q1 25 | $271.9M | $87.9M | ||
| Q4 24 | $206.8M | $38.5M | ||
| Q3 24 | $221.4M | $41.8M | ||
| Q2 24 | $200.8M | $38.1M | ||
| Q1 24 | $274.4M | $86.6M |
自由现金流BJPSMT
| Q4 25 | $-13.7M | $32.6M | ||
| Q3 25 | $84.3M | $25.6M | ||
| Q2 25 | $67.6M | $14.0M | ||
| Q1 25 | $111.5M | $53.2M | ||
| Q4 24 | $18.8M | $10.3M | ||
| Q3 24 | $87.5M | $15.2M | ||
| Q2 24 | $95.1M | $-308.0K | ||
| Q1 24 | $155.2M | $16.4M |
自由现金流率BJPSMT
| Q4 25 | -0.3% | 2.4% | ||
| Q3 25 | 1.6% | 1.9% | ||
| Q2 25 | 1.3% | 1.1% | ||
| Q1 25 | 2.1% | 3.9% | ||
| Q4 24 | 0.4% | 0.8% | ||
| Q3 24 | 1.7% | 1.2% | ||
| Q2 24 | 1.9% | -0.0% | ||
| Q1 24 | 2.9% | 1.3% |
资本支出强度BJPSMT
| Q4 25 | 3.6% | 2.8% | ||
| Q3 25 | 3.1% | 4.2% | ||
| Q2 25 | 2.7% | 2.9% | ||
| Q1 25 | 3.0% | 2.5% | ||
| Q4 24 | 3.7% | 2.2% | ||
| Q3 24 | 2.6% | 2.2% | ||
| Q2 24 | 2.1% | 3.1% | ||
| Q1 24 | 2.2% | 5.4% |
现金转化率BJPSMT
| Q4 25 | 1.19× | 1.77× | ||
| Q3 25 | 1.66× | 2.60× | ||
| Q2 25 | 1.39× | 1.50× | ||
| Q1 25 | 2.22× | 2.01× | ||
| Q4 24 | 1.33× | 1.03× | ||
| Q3 24 | 1.53× | 1.44× | ||
| Q2 24 | 1.81× | 1.17× | ||
| Q1 24 | 1.88× | 2.20× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BJ
暂无分部数据
PSMT
| Fresh Foods | $454.9M | 33% |
| Caribbean Operations Segment | $396.5M | 29% |
| Colombia Operations Segment | $204.1M | 15% |
| Hardlines | $162.6M | 12% |
| Softlines | $99.8M | 7% |
| ship Income Member | $24.5M | 2% |
| Health Services | $14.5M | 1% |
| Other Revenue And Income | $4.2M | 0% |
| United States Operations Segment | $510.0K | 0% |
| Export Sales | $359.0K | 0% |
