PSMT (Pricesmart) Net Margin %: 3.28% (As of Feb. 2026) — 24% Above Median


PSMT Pricesmart Inc PSMT
85 GF Score
Price $186.80
GF Value $104.29
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Pricesmart Net Margin %?

Pricesmart PSMT +0.61% 85 Net Margin % is 3.28% as of Feb. 2026, which is 24% above its 10-year median of 2.64. GuruFocus rates PSMT with a GF Score™ of 85/100 and a GF Value™ of $104.29 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 310 Retail - Defensive companies, Pricesmart ranks better than 58.71% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Pricesmart's Net Income for the three months ended in Feb. 2026 was $49 Mil. Pricesmart's Revenue for the three months ended in Feb. 2026 was $1,496 Mil. Therefore, Pricesmart's net margin for the quarter that ended in Feb. 2026 was 3.28%.

The historical rank and industry rank for Pricesmart's Net Margin % or its related term are showing as below:

PSMT' s Net Margin % Range Over the Past 10 Years
Min: 2.27   Med: 2.64   Max: 3.05
Current: 2.82


PSMT's Net Margin % is ranked better than
58.71% of 310 companies
in the Retail - Defensive industry
Industry Median: 2.155 vs PSMT: 2.82

Pricesmart  (NAS:PSMT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Pricesmart Net Margin % Related Terms


Pricesmart Net Margin % Historical Data

* Premium members only.

The historical data trend for Pricesmart's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pricesmart Net Margin % Chart

Pricesmart Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 2.57 2.48 2.83 2.81

Pricesmart Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.21 2.67 2.37 2.90 3.28

PSMT vs OLLI, TBBB, BJ: Net Margin % Comparison

For the Discount Stores subindustry, Pricesmart's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pricesmart Net Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pricesmart's Net Margin % distribution charts can be found below:

* The bar in red indicates where Pricesmart's Net Margin % falls into.


PSMT
85GF Score
Pricesmart Inc PSMT
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pricesmart Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Pricesmart's Net Margin for the fiscal year that ended in Aug. 2025 is calculated as

Net Margin=Net Income (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=147.887/5270.094
=2.81 %

Pricesmart's Net Margin for the quarter that ended in Feb. 2026 is calculated as

Net Margin=Net Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=49.091/1495.528
=3.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 3.28% mean?
Pricesmart (PSMT) has a Net Margin % of 3.28% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Pricesmart and its competitors. This is 24% above median its historical median of 2.64. Over the past decade, Pricesmart's Net Margin % has ranged from 2.27 to 3.05. According to the industry distribution chart, Pricesmart ranks #128 out of 310 companies in the Retail - Defensive industry, placing it in the top 41.3%.
Is Pricesmart's Net Margin % too high?
Pricesmart's current Net Margin % of 3.28% is 24% above median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 2.27 to a high of 3.05. The Retail - Defensive industry median Net Margin % is 2.16. Pricesmart's value of 3.28% is 52.2% above this industry median. Based on the distribution chart, Pricesmart ranks #128 out of 310 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Pricesmart has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pricesmart's Net Margin % compare to OLLI and TBBB?
According to the Retail - Defensive industry distribution chart, Pricesmart ranks #128 out of 310 companies for Net Margin %. This puts Pricesmart in the upper half of its industry. The industry median Net Margin % is 2.16. Pricesmart's value of 3.28% is 52.2% above this benchmark. Historically, Pricesmart's own Net Margin % has ranged from 2.27 to 3.05 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 2.16, Pricesmart has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Retail - Defensive company?
The median Net Margin % among Retail - Defensive companies is 2.16, based on 310 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pricesmart's current Net Margin % of 3.28% is 52.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Pricesmart and its competitors. For the Retail - Defensive industry, the median Net Margin % is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pricesmart's current Net Margin % is 3.28%, which is 24% above median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pricesmart stock overvalued right now?
Based on GuruFocus' analysis, Pricesmart (PSMT) is currently considered Significantly Overvalued. The stock's GF Value™ is $104.29, compared to a current price of $186.80 — trading 79.1% above its estimated fair value. The current Net Margin % is 3.28%, which is 24% above median its 10-year median of 2.64 and 52.2% above the Retail - Defensive industry median of 2.16. Pricesmart's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Pricesmart (PSMT), the current Net Margin % is 3.28% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pricesmart (PSMT) Overvalued in 2026?

Based on GuruFocus' analysis, Pricesmart stock appears to be overvalued. The current stock price of $186.80 is trading 79.1% above its estimated GF Value™ of $104.29. GuruFocus considers Pricesmart to be Significantly Overvalued.

Key valuation signals for PSMT:

  • Net Margin %: 3.28% (24% above median its 10-year median of 2.64)
  • GF Value™: $104.29 vs. price of $186.80 (79.1% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 52.2% above the Retail - Defensive median (#128 of 310)

No single metric tells the full story. See the PSMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pricesmart Business Description

Address 9797 Aero Drive, Suite 100, San Diego, CA, USA, 92123
Pricesmart Inc is principally engaged in operating U.S.-style membership shopping warehouse clubs that offer consumer goods at low prices. The company is headquartered in San Diego, California, United States, and operates stores in the Caribbean, Costa Rica, Panama, and other regions. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income. Its operations consist of four reportable segments; Central America, the Caribbean, Colombia, and the United States. A majority of the company's revenue is derived from Central America.
85GF Score

Get the complete analysis for PSMT

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$186.80
Price
$104.29
GF Value