Walmart Inc. — WMT

Close PriceMarket CapP/E RatioForward P/E RatioImplied Growth*Implied Forward Growth*DividendP/B Ratio
$99.91$796.57B37.736.718.3%18.0%$0.94
93.0%
8.8

Revenue & Net Income

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

EPS

Forecasts

Revenue/Net Income Forecast EPS Forecast

Y/Y % Change

Revenue YoY Change EPS YoY Change
YoY Growth Rates

WMT Year-over-Year Growth

  2021 2022 2023 2024 2025 2026 2027 Average
Revenue Growth (%) 2.4% 6.7% 6.0% 5.1% 4.0% 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% 12.3% 10.6%
EPS Analysts (#) 0 0 0 0 0 12 12

Expenses

Revenue vs Expenses Expenses % of Revenue
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 · 2025-09-05 15:08 UTC — Values are shown in a single scale for this table: $B. TTM values are bold. “% of Total (TTM)” shows revenue mix.
Segment 2023 Rev ($B) 2023 OI ($B) 2024 Rev ($B) 2024 OI ($B) 2025 Rev ($B) 2025 OI ($B) TTM Rev ($B) TTM OI ($B) % of Total (TTM)
Grocery 300B 0.00B 321B 0.00B 336B 0.00B 345B 0.00B 60.6%
General Merchandise 130B 0.00B 125B 0.00B 125B 0.00B 126B 0.00B 22.1%
Healthand Wellness 50.8B 0.00B 59.9B 0.00B 68.2B 0.00B 75.0B 0.00B 13.2%
Other Categories 8.07B 0.00B 8.72B 0.00B 10.4B 0.00B 11.8B 0.00B 2.1%
Fuel And Other 15.4B 0.00B 13.7B 0.00B 12.9B 0.00B 11.5B 0.00B 2.0%
SEGMENTS v2025-09-09 · 2025-09-05 15:08 UTC — Values are shown in a single scale for this table: $T. TTM values are bold. “% of Total (TTM)” shows revenue mix.
Segment 2023 Rev ($T) 2023 OI ($T) 2024 Rev ($T) 2024 OI ($T) 2025 Rev ($T) 2025 OI ($T) TTM Rev ($T) TTM OI ($T) % of Total (TTM)
Walmart U S 0.89T 0.02T 0.95T 0.02T 1.00T 0.02T 1.05T 0.02T 63.3%
Walmart International 0.32T 0.00T 0.37T 0.00T 0.40T 0.01T 0.41T 0.00T 24.7%
Sams Club U S 0.18T 0.00T 0.18T 0.00T 0.19T 0.00T 0.20T 0.00T 12.0%

Balance Sheet

Balance Sheet
  Metric Value
0 Total Assets $262,372M
1 Cash $9,311M
2 Total Liabilities $171,724M
3 Total Debt $67,205M
4 Total Equity $83,793M
5 Debt to Equity Ratio 0.80

EPS & Dividend

EPS & Dividend

Valuation

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

Implied Growth
Average Median Std Dev Current Percentile
TTM Forward TTM Forward TTM Forward TTM Forward TTM Forward
Timeframe
1 Year 19.46% 18.01% 19.66% 17.95% 0.71% 0.28% 18.36% 18.19% 19.0% 77.6%
3 Years 19.46% 18.01% 19.66% 17.95% 0.71% 0.28% 18.36% 18.19% 19.0% 77.6%
5 Years 19.46% 18.01% 19.66% 17.95% 0.71% 0.28% 18.36% 18.19% 19.0% 77.6%
10 Years 19.46% 18.01% 19.66% 17.95% 0.71% 0.28% 18.36% 18.19% 19.0% 77.6%

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