Walmart Inc. — WMT
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $102.59 | $817.93B | 38.7 | 37.7 | 18.6% | 18.3% | $0.94 0.9% | 9.1 |
Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2021-01-31 | $559.2B | $13.5B | $1.59 | N/A | N/A | N/A |
| 1 | 2022-01-31 | $572.8B | $13.7B | $1.63 | 2.4% | 1.2% | 2.5% |
| 2 | 2023-01-31 | $611.3B | $11.7B | $1.43 | 6.7% | -14.6% | -12.3% |
| 3 | 2024-01-31 | $648.1B | $15.5B | $1.92 | 6.0% | 32.8% | 34.3% |
| 4 | 2025-01-31 | $681.0B | $19.4B | $2.42 | 5.1% | 25.3% | 26.0% |
| 5 | TTM 2025-04-30 | $685.1B | $18.8B | $2.34 | 0.6% | -3.2% | -3.3% |
| 6 | Average | 4.2% | 8.3% | 9.4% |
EPS
Forecasts
Y/Y % Change
WMT Year-over-Year Growth
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 2.4% | 6.7% | 6.0% | 5.1% | 4.2% | 4.4% | 4.8% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 8 | 8 | |
| EPS Growth (%) | 1.2% | -14.6% | 32.8% | 25.3% | 6.7% | 12.7% | 10.7% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 11 | 11 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | SG&A ($) | Facilities / D&A ($) |
|---|---|---|---|---|
| 2022 | $572.8B | $418.3B | $117.8B | $10.7B |
| 2023 | $611.3B | $452.8B | $127.1B | $10.9B |
| 2024 | $648.1B | $478.3B | $131.0B | $11.9B |
| 2025 | $681.0B | $498.8B | $139.9B | $13.0B |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | SG&A Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|---|
| 2023 | 6.73 | 8.23 | 7.92 | 2.69 |
| 2024 | 6.03 | 5.63 | 3.01 | 8.30 |
| 2025 | 5.07 | 4.28 | 6.81 | 9.45 |
No unmapped expenses.
Segment Performance
SEGMENTS v2025-09-09 · 2025-11-10 08:31 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue and operating income for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
| Year | Grocery Rev | Grocery OI | General Merchandise Rev | General Merchandise OI | Healthand Wellness Rev | Healthand Wellness OI | Other Categories Rev | Other Categories OI | Fuel And Other Rev | Fuel And Other OI | Total Rev | Total OI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 300.4B | 0.00B | 130.3B | 0.00B | 50.8B | 0.00B | 8.07B | 0.00B | 15.4B | 0.00B | 504.9B | 0.00B |
| 2024 | 320.7B | 0.00B | 125B | 0.00B | 59.9B | 0.00B | 8.72B | 0.00B | 13.7B | 0.00B | 528B | 0.00B |
| 2025 | 336B | 0.00B | 125.2B | 0.00B | 68.2B | 0.00B | 10.4B | 0.00B | 12.9B | 0.00B | 552.7B | 0.00B |
| TTM | 345.3B | 0.00B | 125.8B | 0.00B | 75B | 0.00B | 11.8B | 0.00B | 11.5B | 0.00B | 569.5B | 0.00B |
| % of Total (TTM) | 60.6% | — | 22.1% | — | 13.2% | — | 2.1% | — | 2.0% | — | 100% | — |
SEGMENTS v2025-09-09 · 2025-11-10 08:31 UTC — Units: $T. Rows list fiscal years (last 3 + TTM) with revenue and operating income for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
| Year | Walmart U S Rev | Walmart U S OI | Walmart International Rev | Walmart International OI | Sams Club U S Rev | Sams Club U S OI | Total Rev | Total OI |
|---|---|---|---|---|---|---|---|---|
| 2023 | 0.89T | 0.02T | 0.32T | 0.00T | 0.18T | 0.00T | 1.39T | 0.03T |
| 2024 | 0.95T | 0.02T | 0.37T | 0.00T | 0.18T | 0.00T | 1.50T | 0.03T |
| 2025 | 1.00T | 0.02T | 0.40T | 0.01T | 0.19T | 0.00T | 1.59T | 0.03T |
| TTM | 1.05T | 0.02T | 0.41T | 0.00T | 0.20T | 0.00T | 1.65T | 0.03T |
| % of Total (TTM) | 63.3% | — | 24.7% | — | 12.0% | — | 100% | — |
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $270,837M |
| 1 | Cash | $9,431M |
| 2 | Total Liabilities | $173,980M |
| 3 | Total Debt | $65,014M |
| 4 | Total Equity | $90,110M |
| 5 | Debt to Equity Ratio | 0.72 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $96.12 | 4.4% | Nicks Growth: 4% Nick's Expected Margin: 2% FINVIZ Growth: 9% |
Nicks: 10 Finviz: 16 |
Nick's: 0.193 | 1.1 | 41.1 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $2.34 EPS | TTM | $22.54 | -76.6% | $36.50 | -62.0% |
| $2.59 EPS | 2026 | $24.94 | -74.1% | $40.40 | -58.0% |
| $2.90 EPS | 2027 | $27.93 | -70.9% | $45.23 | -52.9% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 19.08% | 18.16% | 18.90% | 18.19% | 0.67% | 0.30% | 18.59% | 18.29% | 30.6% | 64.8% |
| 3 Years | 19.08% | 18.16% | 18.90% | 18.19% | 0.67% | 0.30% | 18.59% | 18.29% | 30.6% | 64.8% |
| 5 Years | 19.08% | 18.16% | 18.90% | 18.19% | 0.67% | 0.30% | 18.59% | 18.29% | 30.6% | 64.8% |
| 10 Years | 19.08% | 18.16% | 18.90% | 18.19% | 0.67% | 0.30% | 18.59% | 18.29% | 30.6% | 64.8% |