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. In the quarter to July 2026, revenue grew 5.94%, EPS fell 9.09%, free cash flow grew 15.8% and total debt rose 14.0%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.
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Walmart Inc. (WMT) Operating margin
Walmart Inc.'s operating margin over the twelve months to 31 July 2026 was 4.39%, up 0.2 percentage points from fiscal 2026 (4.18%). Over the past ten years it has ranged from 3.34% (fiscal 2023) to 5.59% (fiscal 2015); the current reading is higher than 50% of that period. That is in line with the Discount Stores industry median of 4.45% and above the Consumer Defensive sector median of 1.36%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 4.18% | (0.13) |
| FY2025 | 4.31% | 0.14 |
| FY2024 | 4.17% | 0.83 |
| FY2023 | 3.34% | (1.19) |
| FY2022 | 4.53% | 0.50 |
| FY2021 | 4.03% | 0.10 |
| FY2020 | 3.93% | (0.34) |
| FY2019 | 4.27% | 0.19 |
| FY2018 | 4.08% | (0.61) |
| FY2017 | 4.69% | (0.31) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jul 2026 | 4.99% | 0.77 |
| Apr 2026 | 4.22% | (0.35) |
| Jan 2026 | 4.57% | 0.84 |
| Oct 2025 | 3.73% | (0.38) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| OLLI Ollie's Bargain Outlet Holdings, Inc. compare | 12.3% |
| DLTR Dollar Tree, Inc. compare | 11.0% |
| TGT Target Corporation compare | 5.59% |
| DG Dollar General Corporation compare | 5.59% |
| PSMT PriceSmart, Inc. compare | 4.51% |
| WMT Walmart Inc. | 4.39% |
| COST Costco Wholesale Corporation compare | 3.85% |
| BJ BJ's Wholesale Club Holdings, Inc. compare | 3.76% |
| TBBB BBB Foods Inc. compare | −1.00% |
| Discount Stores industry median | 4.45% |
| Consumer Defensive sector median | 1.36% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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