Loading…
PriceSmart, Inc. owns and operates U.S.-style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. The company provides basic and private label merchandise and consumable and non-consumable products under the Member's Selection brand, including groceries, cleaning supplies, health and beauty aids, meat, produce, deli, seafood, and poultry. It also offers electronics, large and small appliances, automotive, hardware, sporting goods, seasonal products, clothing, domestic, and home furnishing products. In addition, the company offers food and bakery services, as well as health services, such as optical, audiology, and pharmacy. Further, it operates an e-commerce platform, as well as offers curbside pickup and delivery services. PriceSmart, Inc. was incorporated in 1994 and is headquartered in San Diego, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $5.3B | $306M | $148M | $103M | 11.9% | 7.2% | 6.5% |
| 2024 | $4.9B | $297M | $139M | $39M | 12.4% | 11.4% | 27.2% |
| 2023 | $4.4B | $253M | $109M | $115M | 9.9% | 8.5% | 4.5% |
| 2022 | $4.1B | $234M | $105M | $1M | 10.5% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 4,066.09 | 4,411.84 | 4,913.90 | 5,270.09 |
| Operating Revenue | - | 4,050.92 | 4,398.50 | 4,897.80 | 5,251.93 |
| Cost Of Revenue | - | 3,384.94 | 3,652.51 | 4,066.97 | 4,355.72 |
| Gross Profit | - | 681.15 | 759.33 | 846.92 | 914.37 |
| Operating Expense | - | 511.35 | 559.23 | 622.84 | 678.27 |
| Selling General And Administration | - | 511.35 | 552.05 | 622.84 | 678.27 |
| Total Expenses | - | 3,896.29 | 4,211.74 | 4,689.82 | 5,033.99 |
| Operating Income | - | 169.80 | 200.10 | 224.08 | 236.10 |
| Total Operating Income As Reported | - | 167.07 | 184.52 | 220.94 | 232.51 |
| EBITDA | - | 233.90 | 252.93 | 297 | 306.17 |
| Normalized EBITDA | - | 236.64 | 268.51 | 300.14 | 309.77 |
| EBIT | - | 166.03 | 180.23 | 214.39 | 218.01 |
| Interest Income | - | 2.20 | 9.87 | 11.05 | 10.14 |
| Interest Expense | - | 9.61 | 11.02 | 12.96 | 11.52 |
| Net Interest Income | - | -7.41 | -1.15 | -1.91 | -1.38 |
| Other Non Operating Income Expenses | - | -3.24 | -14.16 | -17.61 | -24.64 |
| Other Income Expense | - | -5.97 | -29.74 | -20.74 | -28.23 |
| Interest Income Non Operating | - | 2.20 | 9.87 | 11.05 | 10.14 |
| Interest Expense Non Operating | - | 9.61 | 11.02 | 12.96 | 11.52 |
| Net Non Operating Interest Income Expense | - | -7.41 | -1.15 | -1.91 | -1.38 |
| Pretax Income | - | 156.42 | 169.21 | 201.43 | 206.50 |
| Tax Provision | - | 51.86 | 59.95 | 62.62 | 58.62 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.91 | -5.52 | -0.98 | -1.02 |
| Net Income Continuous Operations | - | 104.55 | 109.20 | 138.88 | 147.89 |
| Net Income From Continuing And Discontinued Operation | - | 104.53 | 109.20 | 138.88 | 147.89 |
| Net Income From Continuing Operation Net Minority Interest | - | 104.53 | 109.20 | 138.88 | 147.89 |
| Net Income | - | 104.53 | 109.20 | 138.88 | 147.89 |
| Net Income Common Stockholders | - | 103.29 | 107.89 | 137.12 | 144.90 |
| Net Income Including Noncontrolling Interests | - | 104.55 | 109.20 | 138.88 | 147.89 |
| Normalized Income | - | 106.36 | 119.27 | 141.04 | 150.46 |
| Diluted NI Availto Com Stockholders | - | 103.29 | 107.89 | 137.12 | 144.90 |
| Basic Average Shares | - | 30.59 | 30.76 | 30.03 | 30.06 |
| Diluted Average Shares | - | 30.60 | 30.79 | 30.03 | 30.06 |
| Reconciled Depreciation | - | 67.87 | 72.70 | 82.61 | 88.16 |
| Reconciled Cost Of Revenue | - | 3,384.94 | 3,652.51 | 4,066.97 | 4,355.72 |
| Total Unusual Items | - | -2.74 | -15.58 | -3.14 | -3.59 |
| Total Unusual Items Excluding Goodwill | - | -2.74 | -15.58 | -3.14 | -3.59 |
| Minority Interests | -0.20 | -0.02 | 0 | 0 | - |
| Earnings From Equity Interest Net Of Tax | - | -0.01 | -0.06 | 0.07 | 0.01 |
| Special Income Charges | - | -2.74 | -15.58 | -3.14 | -3.59 |
| Other Special Charges | - | 1.47 | 1.43 | 0.97 | 1.13 |
| Write Off | - | 0 | 5.66 | 0 | 0 |
| Restructuring And Mergern Acquisition | - | 0 | 7.75 | 0 | 0 |
| General And Administrative Expense | - | 511.35 | 552.05 | 622.84 | 678.27 |
| Other Gand A | - | 511.35 | 552.05 | 622.84 | 678.27 |
| Gain On Sale Of Ppe | - | -1.26 | -0.74 | -2.17 | -2.47 |
| Other Operating Expenses | 0.85 | - | 7.18 | - | - |
| Otherunder Preferred Stock Dividend | - | 1.25 | 1.31 | 1.76 | 2.99 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| PriceSmart, Inc.this co. | PSMT | $5.3B | 36.16↑ premium | 4.29 | 11.9% | 17.75 |
| The Campbell's Company | CPB | $6.4B | 10.67 | 1.65 | 15.4% | 8.57 |
| Conagra Brands, Inc. | CAG | $6.1B | 5.26 | 0.68 | 12.9% | 7.16 |
| Lamb Weston Holdings, Inc. | LW | $5.9B | 16.38 | 3.37 | 20.6% | 9.26 |
| Laureate Education, Inc. | LAUR | $4.7B | 16.68 |
| - |
| - |
| - |
| - |
| - |
| 3.95 |
| 23.7% |
| 9.70 |
| Stride, Inc. | LRN | $4.3B | 15.06 | 2.93 | 19.5% | 8.07 |
| Covista Inc. | CVSA | $4.2B | 17.86 | 2.95 | 16.5% | 11.26 |
| The Vita Coco Company, Inc. | COCO | $4.2B | 59.24 | 12.74 | 21.5% | 48.36 |
| Cal-Maine Foods, Inc. | CALM | $3.5B | 2.89 | 1.38 | 47.6% | 1.26 |
| Peer Median | - | 15.72 | 2.94 | 20.0% | 8.92 | |