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Pricesmart Inc (PSMT) stock

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NASDAQ: PSMT Nasdaq Consumer Staples Merchandise Retail Next results ~January 6, 2027

C Fundamentals grade

Pricesmart Inc is a US-listed company in the consumer staples merchandise retail industry. Its financial year ends in August.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$74

Cash-flow model

Base case. Range ~$57–$96 across our lower- and higher-growth cases (5.8%–15.8% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 56% below it.

Price used: $166.77, November 2, 2026

Pricesmart Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 9 selling0 purchases and 36 sales by directors and officers, last 12 monthsInsider trades
  • Funds208 adding, 151 cuttingOf 52 active managers that changed their stake, 30 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Pricesmart files

10-K filed October 26: Pricesmart

Revenue for the twelve months to August 2026 reached $5.88bn, up 11.5% on a year earlier and faster than the 10.2% recorded a quarter earlier. Free-cash-flow margin held steady at 1.6%. Our model value is little changed at $64.54 a share, set against a share price of $173. On that basis, the rating stays Sell. At the current price, the model implies the market is pricing in roughly 29.1% a year of cash-flow growth over five years. That pace runs well ahead of the 10.2% a year revenue growth the company has actually delivered, leaving a wide gap between expectation and recent performance.

Source: 10-K filed October 26, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Pricesmart stands after its latest 10-Q

Revenue for the twelve months to May 2026 was $5.69bn, up 10.2% on a year earlier, faster than 8.8% a quarter earlier. Free-cash-flow margin held at 1.3%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 6 of our 7 financial-health checks. Our cash-flow model value is $64.54 a share, against a share price of $173. At that price, our model says the market is pricing in about 29.1% a year of cash-flow growth for five years, faster than the 9.5% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 6, 2027 (estimated)

Pricesmart Inc's trailing-twelve-month revenue grew 11.5% year on year, with a free-cash-flow margin of 1.6%. Where it stands out: long-term debt as % of assets of 4.0% ranks 2 of 8 consumer staples merchandise retail companies we cover. Where it lags: change in share count of 0.6% ranks 8 of 9 consumer staples merchandise retail companies we cover.

Our discounted-cash-flow model values the business at ~$74 per share in the base case (~$57–$96 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 6.6% while net income grew 12.6%: a 19pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Pricesmart Inc's latest figures clears our strength thresholds.

Things to watch

  • Priced above our value. The share price of $166.77 is 56% above our value per share of $74.
  • Insiders selling. 9 insiders sold $14M of stock over the past 365 days and none bought (0% under pre-set trading plans).
  • Weak cash conversion. Free cash flow was 58% of net income over the last 12 months.
  • Below peers: change in share count. Change in share count of 0.6% ranks 8 of 9 consumer staples merchandise retail companies we cover (median -0.5%).
  • Below peers: gross margin. Gross margin of 17.7% ranks 7 of 9 consumer staples merchandise retail companies we cover (median 25.2%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q4

Filed October 26, 2026
Earnings per share
$1.21 against an average estimate of $1.22: missed by 0.4%
Revenue
$1.52bn, up 13.9% on a year earlier
Share reaction
-2.6% in the first session after the results on October 26, 2026, against +1.3% for the S&P 500
Next report
January 6, 2027; average EPS estimate $1.38

Pricesmart's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.6%
  • 1 week-3.7%
  • 1 month-2.3%
  • This year+37.1%
  • 1 year+46.3%
  • 5 years+135.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5.9B
Operating margin
4.4%
Net margin
2.8%
EPS (TTM, diluted)
$5.51

Growth

Revenue growth
+11.5%
Change in growth rate
+1.3 pts
Share count change
+0.6%

Cash

Free cash flow (TTM)
$96.4M
FCF margin
1.6%
Stock pay % of revenue
0.4%

Earnings

Last results
October 26, 2026
Next results (est.)
January 6, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Our research
  2. Results
  3. Insider trade
  4. Insider trade
  5. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Pricesmart Inc valuation models and calculator

What the price is pricing in

The share price implies about 26.4% a year of cash-flow growth for five years.That is faster than the 10.2% a year revenue growth Pricesmart has delivered.

  • Priced in26.4%
  • Last 12 months11.5%
  • 3 years a year10.0%
  • 5 years a year10.2%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($164.72, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$74
Price used
$164.72close November 3, 2026
Implied change
▼ 55%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Pricesmart Inc's free cash flow after stock-based pay with after-tax interest added back ($77.5M, FY2026 Q4 TTM), growing 11.4% and 10.8% in the next two years (forecasts, guidance and its record), then back to 10.8% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$57–~$96 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Pricesmart Inc's free cash flow after stock-based pay ( $77.5M, FY2026 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Pricesmart Inc as an operating company, with every model that fits that kind of business. Cost of equity 8.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.69 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$74 ~$57–$96 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$120 ~$90–$200 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$78 ~$51–$120 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$80 ~$67–$99 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$86 ~$74–$120 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Pricesmart Inc with Consumer Staples Merchandise Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −23%
  • Revenue growth 5 points higher ▲ +30%
  • Free-cash-flow margin 1 point lower ▼ −51%
  • Last year's free-cash-flow margin change, if it persists ▼ −14%
  • Discount rate 1 point higher ▼ −15%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $41$54$71$94$123$162
8.5% $33$42$54$71$92$119
10% $28$35$44$57$73$93

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$74.07$72.64$78.32$55.14$60.65$78.64$59.57$75.75$87.72$106.36$170.01
Market value$2.2bn$2.2bn$2.4bn$1.7bn$1.8bn$2.4bn$1.8bn$2.3bn$2.6bn$3.2bn$5.1bn
+ Net debt (− = net cash)−$95m−$56m$9m−$6m−$102m−$73m−$90m−$92m$13m−$42m−$51m
Enterprise value$2.1bn$2.1bn$2.4bn$1.7bn$1.7bn$2.3bn$1.7bn$2.2bn$2.6bn$3.2bn$5.1bn
Multiples
Price / sales 0.8x0.7x0.7x0.5x0.6x0.7x0.4x0.5x0.5x0.6x0.9x
Price / earnings 25.0x24.0x31.7x22.7x23.5x24.4x17.4x21.4x19.0x21.6x30.9x
Price / free cash flow 34.4x—110.5x55.0x11.5x170.9xn/m20.3x67.5x31.0x53.3x
EV / EBITDA 12.0x11.6x13.3x9.8x9.4x10.4x7.4x8.7x8.7x9.8x14.1x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

47 /100

Moderate moat

How hard Pricesmart's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 8 / 20

    Net income has been a median 5.9% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 16.5%, moving by 0.7 percentage points (standard deviation) across 5 years.

  • Durability 10 / 20

    Operating margin has been a median 4.3%; its worst year was 3.6%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 9 of 10 years, at a median 0.9% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 0.5% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (52 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 6, 2027, after the close. Analysts expect revenue of $1.5bn and EPS of $1.38 (range $1.38 to $1.38) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $6.33 +17% $6.6bn +12%
Next — — $7.2bn +10%

Earnings against estimates

Quarter toEstimateActualSurprise
Aug 2026 $1.22 $1.21 −0.4%
May 2026 $1.19 $1.28 +7.6%
Feb 2026 $1.56 $1.62 +3.5%
Nov 2025 $1.32 $1.29 −2.6%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Pricesmart Inc's revenue by +11.4% next year and +10.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+11.8%, weight 60%) and the company's own record (+10.8%, weight 40%) . How the weights are set.

Analyst recommendations

3 analysts, Oct 2026
Buy133%
Hold267%
Sell00%

Monthly trend

  1. Oct 2026123
  2. Sep 2026123
  3. Aug 2026123

Counts of recommendations published by analysts covering Pricesmart Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
9.7%
of tradable shares
Days to cover
8.31
at average volume
Short interest, 1 month
−6%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
7.6%
of shares
Employees
13,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +46.3%

$113.98 on October 31, 2025 to $166.77

ThenNowEffect
Revenue (last 12 months) $5.3bn $5.9bn +11.5%
Net margin 2.8% 2.8% +1.0%
P/E multiple 23.2x 30.3x +30.7%
Share count 30m 30m −0.6%

Biggest factor: p/e multiple.

Last 3 years +161.9%

$63.69 on November 3, 2023 to $166.77

ThenNowEffect
Revenue (last 12 months) $4.4bn $5.9bn +33.2%
Net margin 2.5% 2.8% +14.5%
P/E multiple 18.0x 30.3x +68.6%
Share count 31m 30m +1.8%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
PSMT−19%−16%+26%+25%+35%+37%
Industry peers (median)+32%−1%+1%+34%+9%+21%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
PSMT50%42%67%58%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
PSMT−32%−34%−24%−11%−13%−18%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 54% from November 25, 2015 to March 16, 2020. Getting back needed a 117% gain, reached on December 17, 2020, 276 days after the low.

Price behaviour

52-week range
$114.46 – $197.13
From 52-week high
−15.4%
vs 50-day average
−2.2%
vs 200-day average
+0.4%
Volatility (1 year)
28%
Beta vs S&P 500
0.63

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±4.6%
After a week
7 up, 5 down
typical move ±5.7%
After a month
9 up, 2 down
typical move ±7.7%
Results releasedNext dayS&P 500 next day5 days21 days
October 26, 2026 −2.6% +1.3% −2.4% —
July 8, 2026 −1.9% +0.5% −1.8% −7.2%
April 8, 2026 +7.0% +3.1% +3.1% +3.8%
January 7, 2026 +4.9% −0.3% +11.4% +23.4%
October 30, 2025 −5.1% −0.8% −3.1% +1.5%
July 14, 2025 −0.6% −0.2% +0.3% +3.0%
April 9, 2025 +11.7% +5.7% +12.3% +27.2%
January 8, 2025 −3.2% −1.4% −5.5% +2.6%
October 30, 2024 −8.0% −2.3% +1.9% −0.6%
July 10, 2024 +2.6% +0.1% +15.8% +4.9%
April 9, 2024 −3.6% −0.9% −6.4% +4.0%
January 9, 2024 +4.5% +0.4% +3.9% +6.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Pricesmart Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Pricesmart Inc in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Pricesmart Inc
$4.5B $5B $5.5B $6B FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue (TTM), FY24 Q1: $4.5B Revenue (TTM), FY24 Q2: $4.7B Revenue (TTM), FY24 Q3: $4.8B Revenue (TTM), FY24 Q4: $4.9B Revenue (TTM), FY25 Q1: $5B Revenue (TTM), FY25 Q2: $5.1B Revenue (TTM), FY25 Q3: $5.2B Revenue (TTM), FY25 Q4: $5.3B Revenue (TTM), FY26 Q1: $5.4B Revenue (TTM), FY26 Q2: $5.5B Revenue (TTM), FY26 Q3: $5.7B Revenue (TTM), FY26 Q4: $5.9B $5.9B

Source: SEC EDGAR filings. Retrieved October 27, 2026.

View chart data
Period Revenue (TTM)
FY24 Q1 $4.5B
FY24 Q2 $4.7B
FY24 Q3 $4.8B
FY24 Q4 $4.9B
FY25 Q1 $5B
FY25 Q2 $5.1B
FY25 Q3 $5.2B
FY25 Q4 $5.3B
FY26 Q1 $5.4B
FY26 Q2 $5.5B
FY26 Q3 $5.7B
FY26 Q4 $5.9B
Revenue growth, TTM YoY Pricesmart Inc
6% 8% 10% 12% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Revenue growth, TTM YoY, FY24 Q1: 9.1% Revenue growth, TTM YoY, FY24 Q2: 10.0% Revenue growth, TTM YoY, FY24 Q3: 11.4% Revenue growth, TTM YoY, FY24 Q4: 11.4% Revenue growth, TTM YoY, FY25 Q1: 10.7% Revenue growth, TTM YoY, FY25 Q2: 8.6% Revenue growth, TTM YoY, FY25 Q3: 7.5% Revenue growth, TTM YoY, FY25 Q4: 7.2% Revenue growth, TTM YoY, FY26 Q1: 7.8% Revenue growth, TTM YoY, FY26 Q2: 8.8% Revenue growth, TTM YoY, FY26 Q3: 10.2% Revenue growth, TTM YoY, FY26 Q4: 11.5% 11.5%

Source: SEC EDGAR filings. Retrieved October 27, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 9.1%
FY24 Q2 10.0%
FY24 Q3 11.4%
FY24 Q4 11.4%
FY25 Q1 10.7%
FY25 Q2 8.6%
FY25 Q3 7.5%
FY25 Q4 7.2%
FY26 Q1 7.8%
FY26 Q2 8.8%
FY26 Q3 10.2%
FY26 Q4 11.5%
Operating margin (TTM) Pricesmart Inc
4.1% 4.2% 4.3% 4.4% 4.5% 4.6% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 Operating margin (TTM), FY24 Q1: 4.1% Operating margin (TTM), FY24 Q2: 4.2% Operating margin (TTM), FY24 Q3: 4.2% Operating margin (TTM), FY24 Q4: 4.5% Operating margin (TTM), FY25 Q1: 4.4% Operating margin (TTM), FY25 Q2: 4.4% Operating margin (TTM), FY25 Q3: 4.4% Operating margin (TTM), FY25 Q4: 4.4% Operating margin (TTM), FY26 Q1: 4.4% Operating margin (TTM), FY26 Q2: 4.5% Operating margin (TTM), FY26 Q3: 4.5% Operating margin (TTM), FY26 Q4: 4.4% 4.4%

Source: SEC EDGAR filings. Retrieved October 27, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q1 4.1%
FY24 Q2 4.2%
FY24 Q3 4.2%
FY24 Q4 4.5%
FY25 Q1 4.4%
FY25 Q2 4.4%
FY25 Q3 4.4%
FY25 Q4 4.4%
FY26 Q1 4.4%
FY26 Q2 4.5%
FY26 Q3 4.5%
FY26 Q4 4.4%
FCF margin (TTM) Pricesmart Inc
0% 1% 2% 3% 4% FY24 Q1 FY24 Q4 FY25 Q3 FY26 Q4 FCF margin (TTM), FY24 Q1: 3.2% FCF margin (TTM), FY24 Q2: 1.6% FCF margin (TTM), FY24 Q3: 1.1% FCF margin (TTM), FY24 Q4: 0.8% FCF margin (TTM), FY25 Q1: 0.8% FCF margin (TTM), FY25 Q2: 1.5% FCF margin (TTM), FY25 Q3: 1.8% FCF margin (TTM), FY25 Q4: 2.0% FCF margin (TTM), FY26 Q1: 2.3% FCF margin (TTM), FY26 Q2: 1.5% FCF margin (TTM), FY26 Q3: 1.3% FCF margin (TTM), FY26 Q4: 1.6% 1.6%

Source: SEC EDGAR filings. Retrieved October 27, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q1 3.2%
FY24 Q2 1.6%
FY24 Q3 1.1%
FY24 Q4 0.8%
FY25 Q1 0.8%
FY25 Q2 1.5%
FY25 Q3 1.8%
FY25 Q4 2.0%
FY26 Q1 2.3%
FY26 Q2 1.5%
FY26 Q3 1.3%
FY26 Q4 1.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Pricesmart took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $5.9B
  2. Cost of revenue $4.8B · 82.3%
  3. Gross profit $1B · 17.7%
  4. Selling, general and admin $209M · 3.6%
  5. Other operating costs $568M · 9.7%
  6. Operating income $261M · 4.4%
  7. Income tax $61.1M · 1.0%
  8. Interest and other $33.3M · 0.6%
  9. Net income $167M · 2.8%

Shares of revenue. Source: Pricesmart's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Aug 2010 2011 Aug 2011 2012 Aug 2012 2013 Aug 2013 2014 Aug 2014 2015 Aug 2015 2016 Aug 2016 2017 Aug 2017 2018 Aug 2018 2019 Aug 2019 2020 Aug 2020 2021 Aug 2021 2022 Aug 2022 2023 Aug 2023 2024 Aug 2024 2025 Aug 2025 2026 Aug 2026
Income
Revenue 1,396 1,710 2,045 2,300 2,518 2,803 2,905 2,997 3,167 3,224 3,329 3,620 4,066 4,412 4,914 5,270 5,876
Gross profit — — — — — — — 477 510 528 554 — — 759 847 914 1,038
EBITDA 89 110 131 151 165 181 177 183 179 170 184 223 235 257 304 321 361
Operating income 73 89 108 127 137 146 137 136 126 115 122 158 167 185 221 233 261
Net income 49 62 68 84 93 89 89 91 74 73 78 98 105 109 139 148 167
Diluted EPS $1.65 $2.07 $2.24 $2.78 $3.07 $2.95 $2.92 $2.98 $2.44 $2.40 $2.55 $3.18 $3.38 $3.50 $4.57 $4.82 $5.40
Growth (year on year)
Revenue +11.5% +22.5% +19.6% +12.5% +9.5% +11.3% +3.7% +3.1% +5.7% +1.8% +3.3% +8.7% +12.3% +8.5% +11.4% +7.2% +11.5%
EBITDA +24.1% +23.8% +19.7% +15.3% +9.0% +9.5% −2.4% +3.4% −2.1% −4.8% +8.0% +21.4% +5.4% +9.5% +18.0% +5.6% +12.4%
Operating income +27.6% +20.7% +21.5% +18.1% +7.6% +7.1% −6.6% −0.4% −7.5% −8.6% +6.3% +29.0% +5.7% +10.4% +19.7% +5.2% +12.3%
Net income +16.5% +25.2% +9.5% +24.6% +10.2% −4.1% −0.4% +2.3% −18.1% −1.5% +6.7% +25.4% +6.7% +4.5% +27.2% +6.5% +12.6%
Diluted EPS +15.4% +25.5% +8.2% +24.1% +10.4% −3.9% −1.0% +2.1% −18.1% −1.6% +6.3% +24.7% +6.3% +3.6% +30.6% +5.5% +12.0%
Margins
Gross margin — — — — — — — 15.9% 16.1% 16.4% 16.7% — — 17.2% 17.2% 17.4% 17.7%
EBITDA margin 6.3% 6.4% 6.4% 6.6% 6.6% 6.5% 6.1% 6.1% 5.6% 5.3% 5.5% 6.2% 5.8% 5.8% 6.2% 6.1% 6.1%
Operating margin 5.3% 5.2% 5.3% 5.5% 5.4% 5.2% 4.7% 4.5% 4.0% 3.6% 3.7% 4.4% 4.1% 4.2% 4.5% 4.4% 4.4%
Net margin 3.5% 3.6% 3.3% 3.7% 3.7% 3.2% 3.1% 3.0% 2.3% 2.3% 2.3% 2.7% 2.6% 2.5% 2.8% 2.8% 2.8%
Free-cash-flow margin 2.4% 1.7% 1.8% 2.6% 0.8% 0.8% 2.2% −0.4% 0.7% 0.9% 4.8% 0.4% 0.0% 2.6% 0.8% 2.0% 1.6%
Cash flow
Cash from operations 83 76 90 131 137 111 142 123 119 170 259 127 122 257 208 261 308
Capital spending 50 47 53 70 118 89 78 135 98 140 100 113 121 143 169 158 211
Free cash flow 33 29 37 61 19 21 64 −12 21 30 159 14 1 115 39 103 96
Stock-based pay 4 4 5 6 6 6 9 10 10 15 14 18 17 17 17 19 23
Free cash flow after stock pay 29 25 32 54 13 15 55 −22 11 15 145 −4 −16 98 22 84 73
Balance sheet
Cash 73 77 91 122 137 157 200 162 93 103 299 202 238 240 125 241 221
Total debt 64 70 79 73 91 131 105 106 103 97 197 130 148 148 138 199 169
Net debt (negative = net cash) −9 −6 −13 −49 −46 −27 −95 −56 9 −6 −102 −73 −90 −92 13 −42 −51
Diluted shares 29m 29m 30m 30m 30m 30m 30m 30m 30m 30m 30m 30m 31m 31m 30m 30m 30m
Returned to shareholders
Dividends 15 18 18 18 21 21 21 21 21 22 22 22 27 29 66 39 43
Buybacks — — — — — — — — — — — — 6 13 73 7 9
Total returned 15 18 18 18 21 21 21 21 21 22 22 22 33 41 140 45 52

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

7 of 7 checks passed · August 31, 2026
What it owns · $2.6bn
Short-term assets $1.1bnLonger-term assets $1.5bn
What it owes, and who funded it · $2.6bn
Short-term liabilities $855mLonger-term liabilities $293mShareholders' equity $1.5bn
  • Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $855m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.1bn short-term assets against $293m of longer-dated liabilities.
  • More cash than debt $221m of cash against $168m of debt.
  • Debt below 40% of shareholders' equity Debt is 12% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 13% to 12% over five years.
  • A year's operating cash flow covers at least 20% of debt $308m of operating cash flow against $168m of debt.
  • Operating profit covers interest at least five times over Operating income of $261m against $17m of interest.

From Pricesmart Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q4 TTM
Buybacks (TTM)
$9.1M
Returned to shareholders
9%
of free cash flow
Buybacks, last 3 fiscal years
$89.3M
Diluted share count
+0.6%
year over year
Total shareholder yield
0.2%
dividends 0.0% + buybacks 0.2% of market value

Competitors: side by side with peers

Closest by revenue in consumer staples merchandise retail
Last 12 months unless stated PSMT TBBB CART DLTR BJ DG Median
Revenue, last 12 months $5.9bn $4.1bn $4.0bn $20.1bn $22.8bn $43.6bn $22.8bn
Revenue growth, last 12 months 11.5% 29.2% 12.6% 8.2% 9.1% 4.8% 9.1%
Revenue growth, 3-year average 10.0% — 11.3% 7.0% 5.5% 4.0% 6.3%
Revenue growth, latest quarter 13.9% — 14.1% 7.0% 15.7% 5.2% 9.1%
Gross margin 17.7% 16.2% 72.6% 38.7% 18.2% 31.2% 25.2%
Operating margin 4.4% −0.9% 14.7% 11.0% 3.8% 5.6% 4.4%
Operating margin, 3-year average 4.5% — −13.1% 9.0% 3.8% 5.1% 4.4%
Net margin 2.8% −3.6% 12.0% 8.0% 2.6% 3.9% 3.0%
Cash from operations / revenue 5.2% 6.0% 30.9% 15.5% 4.9% 7.6% 6.0%
Free-cash-flow margin 1.6% 1.4% 29.5% 9.9% 1.6% 4.6% 3.1%
Free-cash-flow margin, 3-year average 1.5% — 23.6% 7.3% 1.6% 4.4% 3.4%
Stock pay / revenue 0.4% 3.7% 10.1% 0.3% 0.2% 0.2% 0.3%
Change in share count 0.6% 5.3% −5.7% −7.1% −2.2% 0.5% −0.5%

Median of all 9 companies we cover in consumer staples merchandise retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

9 consumer staples merchandise retail companies
Measure Company Peer median Rank
Revenue growth Growth 11.5% 9.1% 3 of 9
Change in growth rate Growth +1.3pp +0.9pp 4 of 9
Gross margin Profitability 17.7% 25.2% 7 of 9
Operating margin Profitability 4.4% 4.4% 5 of 9
Net margin Profitability 2.8% 3.0% 7 of 9
Free-cash-flow margin Cash generation 1.6% 3.1% 7 of 9
Stock pay as % of revenue Cash generation 0.4% 0.3% 6 of 8
Long-term debt as % of assets Balance sheet 4.0% 12.4% 2 of 8
Change in share count Balance sheet 0.6% -0.5% 8 of 9

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to August 31, 2026
Segments
Line of business Revenue Share YoY
Central American Operations $3.5B 59.5% ▲ 9.6%
Caribbean Operations $1.5B 26.2% ▲ 6.8%
Colombia Operations $834M 14.2% ▲ 34.6%
United States Operations $4.6M 0.1% ▼ 70.3%
Products and services
Line of business Revenue Share YoY
Net Merchandise Sales $5.8B 97.9% ▲ 11.7%
Foods and Sundries $2.7B 46.3% ▲ 9.7%
Fresh Foods $1.8B 31.5% ▲ 14.8%
Hardlines $609M 10.6% ▲ 6.4%
Softlines $354M 6.2% ▲ 21.2%
Food Service and Bakery $254M 4.4% ▲ 12.1%
Health Services $58.6M 1.0% ▲ 13.0%
Membership Income $101M 1.7% ▲ 17.8%
Other Revenue and Income $19.6M 0.3% ▲ 7.9%
Export Sales $2.1M 0.0% ▼ 86.0%

From Pricesmart Inc's 10-K filed October 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$5.5B
Institutions reporting
382
Shares held vs prior quarter
▲ 4.4%
Positions opened / closed
58 / 34

Top buyers and sellers, Q2 2026: 208 institutions bought and 151 sold ; the biggest buyer was Franklin Resources Inc (+310K shares) and the biggest seller American Century Companies Inc (−305K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $815M 4.2M 14.8% ▲ 2.0%
FMR LLC $375M 1.9M 6.8% ▲ 11.6%
Vanguard Portfolio Management LLC $343M 1.8M 6.2% ▼ 2.6%
Dimensional Fund Advisors LP $234M 1.2M 4.3% ▼ 2.8%
Vanguard Capital Management LLC $229M 1.2M 4.2% ▲ 1.3%
American Century Companies Inc $224M 1.1M 4.1% ▼ 21.0%
State Street Corp $211M 1.1M 3.8% ▲ 6.0%
Black Creek Investment Management Inc. $188M 963K 3.4% ▼ 17.3%
Geode Capital Management, LLC $184M 941K 3.3% ▲ 18.3%
Morgan Stanley $151M 775K 2.8% ▲ 59.7%
First Trust Advisors LP $144M 736K 2.6% ▼ 2.2%
Pertento Partners LLP $120M 613K 2.2% ▲ 16.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Pricesmart Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $13.7M 36 trades by 9 insiders · 0% under pre-set plans
Net ▼ $13.7M net selling
Insider Date Trade Shares Price Value
Velasco Francisco EVP - CLO, CRCO August 17, 2026 Sell 338 $177.87 $60,120
Bahrambeygui Sherry S. Director August 3, 2026 Sell 3,499 $197.38 $690,633
Bahrambeygui Sherry S. Director July 31, 2026 Sell 200 $194.40 $38,880
Bahrambeygui Sherry S. Director July 31, 2026 Sell 800 $194.47 $155,576
Bahrambeygui Sherry S. Director July 29, 2026 Sell 1,000 $192.66 $192,660
Bahrambeygui Sherry S. Director July 28, 2026 Sell 1,100 $192.29 $211,519
Bahrambeygui Sherry S. Director July 23, 2026 Sell 200 $184.33 $36,866
Bahrambeygui Sherry S. Director July 23, 2026 Sell 200 $184.65 $36,930
Bahrambeygui Sherry S. Director July 22, 2026 Sell 200 $189.13 $37,826
Bahrambeygui Sherry S. Director July 22, 2026 Sell 200 $188.93 $37,786
Price Robert E Director July 20, 2026 Sell 200 $182.87 $36,574
Price Robert E Director July 20, 2026 Sell 4,655 $181.75 $846,046

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around January 6, 2027 estimated from the company's past filing pattern, not announced

  • October 26, 2026
  • July 8, 2026
  • April 8, 2026
  • January 7, 2026
  • October 30, 2025
  • July 14, 2025

Recent SEC filings

Data status

When each part of this page on Pricesmart Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Pricesmart Inc in brief

What does Pricesmart Inc do?
Pricesmart Inc is a US-listed company in the consumer staples merchandise retail industry. Its financial year ends in August.
What is Pricesmart Inc's stock ticker?
Pricesmart Inc trades under the ticker PSMT on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Pricesmart Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Pricesmart Inc reported revenue of $5.9B, 11.5% higher than a year earlier, according to its SEC filings.
What is Pricesmart Inc's free cash flow?
Pricesmart Inc's free-cash-flow margin is 1.6% of revenue over the trailing twelve months, ranking 7 of the 9 consumer staples merchandise retail companies we cover.
What is Pricesmart Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Pricesmart Inc's free cash flow after stock-based pay gives ~$74 per share in the base case, and ~$57–$96 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Pricesmart Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., FMR LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Pricesmart Inc buying back stock, and does it pay a dividend?
Pricesmart Inc spent $9.1M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.6% over the year.
What is Pricesmart Inc's market cap?
On August 31, 2026, Pricesmart Inc's market capitalisation was about $5.1B, with a price-to-earnings ratio of 30.9 and net debt of -$51.4M. Market figures come from third-party market data and may be delayed.
How much debt does Pricesmart Inc have?
Pricesmart Inc's debt-to-equity ratio is 11.5%, from its latest balance sheet (12.6% five years earlier). The financial health section below sets out its other solvency checks.
Who are Pricesmart Inc's competitors?
In our Consumer Staples Merchandise Retail peer group, the companies closest to Pricesmart Inc are BBB Foods Inc, Maplebear Inc., Dollar Tree, Bj's Wholesale Club Holdings, Inc. and Dollar General. The side-by-side comparison below sets their revenue, margins and growth against Pricesmart Inc's.
Are insiders buying or selling Pricesmart Inc stock?
Over the last 12 months, Pricesmart Inc's directors and officers reported 0 open-market purchases and 36 sales on Form 4. The insider trading page charts every trade.
When is Pricesmart Inc's next earnings date?
Around January 6, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Pricesmart Inc announces its own schedule.