BJ's Wholesale Club Holdings Debt-to-Equity Ratio Growth & History (BJ)
BJ's Wholesale Club Holdings's debt-to-equity ratio was 1.21 for fiscal 2025.
View full BJ's Wholesale Club Holdings company overviewBJ's Wholesale Club Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-31 | 1.21 | −0.31 | −20.42% |
| 2024 | 2025-02-01 | 1.52 | −0.51 | −24.99% |
| 2023 | 2024-02-03 | 2.03 | −0.94 | −31.77% |
| 2022 | 2023-01-28 | 2.97 | −1.61 | −35.09% |
| 2021 | 2022-01-29 | 4.58 | −5.58 | −54.92% |
| 2020 | 2021-01-30 | 10.15 | — | — |
BJ's Wholesale Club Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-08-01 | 1.26 | 0.01 | +0.47% |
| Q1 2026 | 2026-05-02 | 1.35 | −0.02 | −1.57% |
| Q4 2025 | 2026-01-31 | 1.21 | −0.31 | −20.42% |
| Q3 2025 | 2025-11-01 | 1.24 | −0.37 | −22.72% |
| Q2 2025 | 2025-08-02 | 1.26 | −0.46 | −26.71% |
| Q1 2025 | 2025-05-03 | 1.37 | −0.53 | −27.86% |
| Q4 2024 | 2025-02-01 | 1.52 | −0.51 | −24.99% |
| Q3 2024 | 2024-11-02 | 1.61 | −0.68 | −29.78% |
| Q2 2024 | 2024-08-03 | 1.71 | −0.81 | −32.22% |
| Q1 2024 | 2024-05-04 | 1.90 | −0.81 | −30.01% |
| Q4 2023 | 2024-02-03 | 2.03 | −0.94 | −31.77% |
| Q3 2023 | 2023-10-28 | 2.29 | −1.06 | −31.67% |
| Q2 2023 | 2023-07-29 | 2.53 | −1.38 | −35.36% |
| Q1 2023 | 2023-04-29 | 2.71 | −1.60 | −37.11% |
| Q4 2022 | 2023-01-28 | 2.97 | −1.61 | −35.09% |
| Q3 2022 | 2022-10-29 | 3.35 | −1.88 | −35.93% |
| Q2 2022 | 2022-07-30 | 3.91 | −2.13 | −35.26% |
| Q1 2022 | 2022-04-30 | 4.31 | −3.29 | −43.32% |
| Q4 2021 | 2022-01-29 | 4.58 | −5.58 | −54.92% |
| Q3 2021 | 2021-10-30 | 5.23 | −9.49 | −64.47% |
| Q2 2021 | 2021-07-31 | 6.04 | −21.68 | −78.20% |
| Q1 2021 · May 1 | 2021-05-01 | 7.60 | −99.87 | −92.93% |
| Q4 2020 | 2021-01-30 | 10.15 | — | — |
| Q3 2020 | 2020-10-31 | 14.71 | — | — |
| Q2 2020 | 2020-08-01 | 27.72 | — | — |
| Q1 2020 | 2020-05-02 | 107.47 | — | — |
BJ's Wholesale Club Holdings debt-to-equity ratio trends
Over the last five fiscal years, BJ's Wholesale Club Holdings's debt-to-equity ratio decreased from 10.15 to 1.21, a change of −8.94. The latest reported quarter, Q2 2026, shows 1.26.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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