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.
Follow WMT
Walmart Inc. (WMT) Return on equity
Walmart Inc.'s return on equity over the twelve months to 31 July 2026 was 22.0%, up 0.4 percentage points from fiscal 2026 (21.5%). Over the past ten years it has ranged from 8.31% (fiscal 2019) to 21.5% (fiscal 2026) — the current reading is the highest in ten years. That is above the Discount Stores industry median of 20.8% and above the Consumer Defensive sector median of 1.38%.
Return on equity, annual
Embed this chart
Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2026 | 21.5% | 0.84 |
| FY2025 | 20.7% | 2.88 |
| FY2024 | 17.8% | 4.52 |
| FY2023 | 13.3% | (1.94) |
| FY2022 | 15.2% | (0.74) |
| FY2021 | 16.0% | (2.48) |
| FY2020 | 18.5% | 10.15 |
| FY2019 | 8.31% | (3.91) |
| FY2018 | 12.2% | (4.40) |
| FY2017 | 16.6% | (0.71) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| DLTR Dollar Tree, Inc. compare | 45.9% |
| COST Costco Wholesale Corporation compare | 28.4% |
| BJ BJ's Wholesale Club Holdings, Inc. compare | 27.7% |
| TGT Target Corporation compare | 26.4% |
| WMT Walmart Inc. | 22.0% |
| DG Dollar General Corporation compare | 19.7% |
| OLLI Ollie's Bargain Outlet Holdings, Inc. compare | 14.9% |
| PSMT PriceSmart, Inc. compare | 12.1% |
| TBBB BBB Foods Inc. compare | −65.8% |
| Discount Stores industry median | 20.8% |
| Consumer Defensive sector median | 1.38% |
| Market median | 1.35% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on WMT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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 assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement