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) Return on invested capital

Walmart Inc.'s return on invested capital over the twelve months to 31 July 2026 was 13.5%, up 0.7 percentage points from fiscal 2026 (12.8%). Over the past ten years it has ranged from 10.2% (fiscal 2020) to 13.8% (fiscal 2025); the current reading is higher than 67% of that period. That is in line with the Discount Stores industry median of 13.2% and above the Consumer Defensive sector median of 0.14%.

Return on invested capital, annual

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Annual

Period Return on invested capital Change (points)
FY2026 12.8% (0.97)
FY2025 13.8% 0.42
FY2024 13.3% 2.62
FY2023 10.7% (2.86)
FY2022 13.6% 1.64
FY2021 11.9% 1.73
FY2020 10.2% (0.42)
FY2019 10.6% (0.03)
FY2018 10.7% (1.30)
FY2017 12.0% (0.16)

Against its own ten years

Low 10.2% High 13.8%
Ten-year median 12.0%
Current reading's percentile 67

Return on invested capital against peers

Company Return on invested capital
COST Costco Wholesale Corporation compare 35.3%
DLTR Dollar Tree, Inc. compare 26.0%
BJ BJ's Wholesale Club Holdings, Inc. compare 19.2%
TGT Target Corporation compare 13.6%
WMT Walmart Inc. 13.5%
PSMT PriceSmart, Inc. compare 12.9%
OLLI Ollie's Bargain Outlet Holdings, Inc. compare 12.5%
DG Dollar General Corporation compare 12.4%
TBBB BBB Foods Inc. compare −3.83%
Discount Stores industry median 13.2%
Consumer Defensive sector median 0.14%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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