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BJ's Wholesale Club HoldingsBJ +0.35%85 3-Year ROIIC % is 8.65 as of Jan. 2026, which is at its 10-year median of 8.65. GuruFocus rates BJ with a GF Score™ of 85/100 and a GF Value™ of $99.43 (Fairly Valued). The stock has 1 warning sign investors should review. Among 296 Retail - Defensive companies, BJ's Wholesale Club Holdings ranks better than 57.09% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
BJ's Wholesale Club Holdings's 3-Year ROIIC % for the quarter that ended in Jan. 2026 was 8.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
BJ's 3-Year ROIIC % is ranked better than 57.09% of 296
companies
in the Retail - Defensive industry
Industry Median: 6.105
vs BJ: 8.65
BJ's Wholesale Club Holdings (NYSE:BJ) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
BJ's Wholesale Club Holdings 3-Year ROIIC % Related Terms
BJ's Wholesale Club Holdings 3-Year ROIIC % Historical Data
* 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.
For the Discount Stores subindustry, BJ's Wholesale Club Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
BJ's Wholesale Club Holdings 3-Year ROIIC % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, BJ's Wholesale Club Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where BJ's Wholesale Club Holdings's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
BJ's Wholesale Club Holdings (BJ) has a 3-Year ROIIC % of 8.65 as of Jan. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on BJ's Wholesale Club Holdings and its competitors. This is near median its historical median of 8.65. Over the past decade, BJ's Wholesale Club Holdings' 3-Year ROIIC % has ranged from 6.08 to 27.42. According to the industry distribution chart, BJ's Wholesale Club Holdings ranks #127 out of 296 companies in the Retail - Defensive industry, placing it in the top 42.9%.
Is BJ's Wholesale Club Holdings' 3-Year ROIIC % too high?
BJ's Wholesale Club Holdings' current 3-Year ROIIC % of 8.65 is near median its 10-year median of 8.65. Over the past 10 years, this metric has ranged from a low of 6.08 to a high of 27.42. The Retail - Defensive industry median 3-Year ROIIC % is 6.11. BJ's Wholesale Club Holdings' value of 8.65 is 41.7% above this industry median. Based on the distribution chart, BJ's Wholesale Club Holdings ranks #127 out of 296 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, BJ's Wholesale Club Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BJ's Wholesale Club Holdings' 3-Year ROIIC % compare to PSMT and TBBB?
According to the Retail - Defensive industry distribution chart, BJ's Wholesale Club Holdings ranks #127 out of 296 companies for 3-Year ROIIC %. This puts BJ's Wholesale Club Holdings in the upper half of its industry. The industry median 3-Year ROIIC % is 6.11. BJ's Wholesale Club Holdings' value of 8.65 is 41.7% above this benchmark. Historically, BJ's Wholesale Club Holdings' own 3-Year ROIIC % has ranged from 6.08 to 27.42 over the past decade. While the company's 10-year median is 8.65 vs. the industry median of 6.11, BJ's Wholesale Club Holdings 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 3-Year ROIIC % for a Retail - Defensive company?
The median 3-Year ROIIC % among Retail - Defensive companies is 6.11, based on 296 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BJ's Wholesale Club Holdings's current 3-Year ROIIC % of 8.65 is 41.7% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on BJ's Wholesale Club Holdings and its competitors. For the Retail - Defensive industry, the median 3-Year ROIIC % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BJ's Wholesale Club Holdings's current 3-Year ROIIC % is 8.65, which is near median its own 10-year median of 8.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BJ's Wholesale Club Holdings stock overvalued right now?
Based on GuruFocus' analysis, BJ's Wholesale Club Holdings (BJ) is currently considered Fairly Valued. The stock's GF Value™ is $99.43, compared to a current price of $93.40 — trading 6.1% below its estimated fair value. The current 3-Year ROIIC % is 8.65, which is near median its 10-year median of 8.65 and 41.7% above the Retail - Defensive industry median of 6.11. BJ's Wholesale Club Holdings' overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For BJ's Wholesale Club Holdings (BJ), the current 3-Year ROIIC % is 8.65 as of Jan. 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 BJ's Wholesale Club Holdings (BJ) Overvalued in 2026?
Based on GuruFocus' analysis, BJ's Wholesale Club Holdings stock appears to be undervalued.
The current stock price of $93.40 is trading 6.1% below its estimated GF Value™ of $99.43.
GuruFocus considers BJ's Wholesale Club Holdings to be Fairly Valued.
Key valuation signals for BJ:
3-Year ROIIC %: 8.65 (near median its 10-year median of 8.65)
GF Value™: $99.43 vs. price of $93.40 (6.1% below fair value)
Industry Position: 41.7% above the Retail - Defensive median (#127 of 296)
No single metric tells the full story. See the BJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BJ's Wholesale Club, founded in 1984, operates a membership-based warehouse club model primarily along the US East Coast, with roughly 260 clubs and a growing domestic presence across 21 states. In fiscal 2025, the company generated over $21 billion in revenue. BJ's offers a value-oriented assortment skewed toward grocery, perishables, and consumables (72% of sales), general merchandise (11%), and gasoline (17%). Its business model is supported by recurring membership fee income and private-label brands such as Wellsley Farms and Berkley Jensen.
85GF Score
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