Walmart Inc. WMT

104.26 0.34 0.33% as of 1 Oct
Market cap
$826.5B
P/E
37.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Walmart Inc. (WMT) Gross margin

Walmart Inc.'s gross margin over the twelve months to 31 July 2026 was 25.2%, up 0.3 percentage points from fiscal 2026 (24.9%). Over the past ten years it has ranged from 24.1% (fiscal 2023) to 25.7% (fiscal 2017); the current reading is higher than 58% of that period. That is below the Discount Stores industry median of 27.3% and below the Consumer Defensive sector median of 34.8%.

Gross margin, annual

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Annual

Period Gross margin Change (points)
FY2026 24.9% 0.08
FY2025 24.9% 0.47
FY2024 24.4% 0.24
FY2023 24.1% (0.96)
FY2022 25.1% 0.27
FY2021 24.8% 0.14
FY2020 24.7% (0.41)
FY2019 25.1% (0.27)
FY2018 25.4% (0.28)
FY2017 25.7% 0.52

Quarterly

Period Gross margin Change (points)
Jul 2026 26.1% 1.00
Apr 2026 25.1% 0.47
Jan 2026 24.7% (0.28)
Oct 2025 25.0% (0.21)
43 more quarters

Against its own ten years

Low 24.1% High 25.7%
Ten-year median 24.9%
Current reading's percentile 58

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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