How Does Walmart Stock Stack Up Against Its Peers?
Walmart‘s stock has significantly outperformed its peers over the past year, up almost 30% as of January 16, 2026. A closer look reveals strong profitability and a moderate valuation compared to retail giants like Amazon and Costco. However, WMT’s revenue growth trails some faster-growing rivals. While generating robust free cash flow, Walmart needs to accelerate top-line expansion to fully justify its current premium against pure-play growth competitors. Walmart‘s stock recently hit a new 52-week high, reflecting investor confidence in its scale and value model.
- WMT’s 4.1% operating margin is modest, trailing HD (13.0%), reflecting its low-price strategy versus HD’s higher-margin professional customer sales.
- WMT’s 4.3% revenue growth lags AMZN/COST’s e-commerce surge and HD’s home improvement demand, yet outpaces TGT/KR in a tough retail landscape.
- WMT gained 32.4%, outperforming peers, with a 41.7 PE. This reflects strong investor confidence in its strategic e-commerce growth and value-focused model.
Here’s how Walmart stacks up across size, valuation, and profitability versus key peers.
| WMT | AMZN | COST | TGT | KR | HD | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 954.5 | 2,543.5 | 427.8 | 50.5 | 41.4 | 377.5 |
| Revenue ($ Bil) | 703.1 | 670.0 | 280.4 | 105.2 | 147.2 | 166.2 |
| PE Ratio | 41.7 | 36.0 | 51.5 | 13.4 | 52.5 | 25.9 |
| LTM Revenue Growth | 4.3% | 10.9% | 8.3% | -2.2% | -1.8% | 7.5% |
| LTM Operating Margin | 4.1% | 11.4% | 3.8% | 4.9% | 1.1% | 13.0% |
| LTM FCF Margin | 2.2% | 2.0% | 3.2% | 2.9% | 1.5% | 8.4% |
| 12M Market Return | 32.4% | 8.4% | 5.3% | -12.8% | 10.0% | -4.8% |
For more details on Walmart, read Buy or Sell WMT Stock. Below we compare WMT’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| WMT | 4.3% | 5.1% | 6.0% | 6.7% | |
| AMZN | 10.9% | – | 11.0% | 11.8% | 9.4% |
| COST | 8.3% | 8.2% | 5.0% | 6.8% | |
| TGT | -2.2% | -0.8% | -1.6% | 2.9% | |
| KR | -1.8% | -1.9% | 1.2% | 7.5% | |
| HD | 7.5% | 4.5% | -3.0% | 4.1% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| WMT | 4.1% | 4.3% | 4.2% | 3.3% | |
| AMZN | 11.4% | – | 10.8% | 6.4% | 2.4% |
| COST | 3.8% | 3.8% | 3.6% | 3.3% | |
| TGT | 4.9% | 5.2% | 5.3% | 3.5% | |
| KR | 1.1% | 2.6% | 2.1% | 2.8% | |
| HD | 13.0% | 13.5% | 14.2% | 15.3% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| WMT | 41.7 | 46.1 | 47.0 | 36.8 | |
| AMZN | 36.0 | – | 40.8 | 74.3 | -568.7 |
| COST | 51.5 | 47.3 | 55.2 | 46.6 | |
| TGT | 13.4 | 11.0 | 15.1 | 23.7 | |
| KR | 52.5 | 16.8 | 20.3 | 14.6 | |
| HD | 25.9 | 23.0 | 25.7 | 20.7 |
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