Walmart Inc.

WMT

Consumer Defensive Discount Stores

Walmart Inc.’s revenue for fiscal 2026 (year ended January 2026) was $713.2 billion, up 4.73% from fiscal 2025.

Revenue
+5.94%
EPS
−9.09%
Free cash flow
+15.8%
Total debt
+14.0%

Quarter to July 2026, against a year earlier

125.71 0.04 +0.03%
Market cap
$997.0B
P/E
45.3×
Fwd P/E
43.6×
Dividend yield
0.78%
F-score
7/9
ROIC
13.5%
Net debt / EBITDA
0.9×
Dividend safety
79/100

Walmart Inc. (WMT) Net margin

Alert me on Net margin

Walmart Inc.'s net margin over the twelve months to 31 July 2026 was 3.00%, down 0.1 percentage points from fiscal 2026 (3.07%). Over the past ten years it has ranged from 1.30% (fiscal 2019) to 3.37% (fiscal 2015); the current reading is higher than 92% of that period. That is in line with the Discount Stores industry median of 3.02% and above the Consumer Defensive sector median of 1.92%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2026 3.07% 0.22
FY2025 2.85% 0.46
FY2024 2.39% 0.48
FY2023 1.91% (0.48)
FY2022 2.39% (0.03)
FY2021 2.42% (0.42)
FY2020 2.84% 1.54
FY2019 1.30% (0.67)
FY2018 1.97% (0.84)
FY2017 2.81% (0.24)

Quarterly newest first

Period Net margin Change (points)
Jul 2026 3.39% 0.39
Apr 2026 3.00% 0.78
Jan 2026 2.22% (1.20)
Oct 2025 3.42% (0.54)
43 more quarters

Against its own ten years

Low 1.30% High 3.37%
Ten-year median 2.62%
Current reading's percentile 81

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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