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Investment Highlights Market Valuation Price Chart Business Description Interactive Breakdown Latest Trefis Analyses Better Bets vs. WMT Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Walmart (WMT)

Market Price (9/18/2025): $104.67 | Market Cap: $835.1 Bil
Sector: Consumer Staples | Industry: Consumer Staples Merchandise Retail

Walmart (WMT)

Market Price (9/18/2025): $104.67
Market Cap: $835.1 Bil
Sector: Consumer Staples
Industry: Consumer Staples Merchandise Retail

Investment Highlights

0 Attractive cash flow generation
CFO LTM is 38 Bil, FCF LTM is 14 Bil		 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%		 Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 39x
1 Low stock price volatility
Vol 12M is 24%		  
0 Attractive cash flow generation
CFO LTM is 38 Bil, FCF LTM is 14 Bil
1 Low stock price volatility
Vol 12M is 24%
2 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
3 Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 39x

Market Valuation

 9/18/25202420232022
Share Price CYE$104.67$89.68$51.54$45.66
Market Cap CYE ($ Bil)835.1720.8416.4371.4
Total Debt ($ Bil)65.060.161.358.9
Total Cash ($ Bil)9.49.09.98.6
Enterprise Value ($ Bil)890.6780.9477.7430.3
Valuation Ratios    
P/S TTM1.21.10.70.6
P/EBIT TTM26.825.017.320.2
P/E TTM39.137.427.433.1
Sector Ratios    
P/S TTM (Sector)0.90.90.90.9
P/EBIT TTM (Sector)8.48.910.09.4
P/E TTM (Sector)12.612.114.011.6
 9/18/252024
Share Price CYE$104.67$89.68
Market Cap CYE ($ Bil)835.1720.8
Total Debt ($ Bil)65.060.1
Total Cash ($ Bil)9.49.0
Enterprise Value ($ Bil)890.6780.9
Valuation Ratios  
P/S TTM1.21.1
P/EBIT TTM26.825.0
P/E TTM39.137.4
Sector Ratios  
P/S TTM (Sector)0.90.9
P/EBIT TTM (Sector)8.48.9
P/E TTM (Sector)12.612.1

Market Cap Chart

Business Description

Walmart Inc. engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
WMT Return23%2%-0%13%74%16%184%
Peers Return36%27%-24%27%27%-4%102%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: AMZN, COST, KR, TGT, BBY. See WMT Returns vs. Peers.
[3] 2025 data is for the year up to 9/17/2025 (YTD)

Interactive Breakdown

Walmart Interactive Breakdown Analysis

Better Bets than Walmart (WMT)

 WMTBetter Performance than WMT
MetricValueIndustry (Consumer Staples Merchandise R)
Rev Chg LTM4.2%COST (5.9%), DG (5.0%), DLTR (13.6%), PSMT (7.5%), NGVC (8.5%)
Rev Chg 3Y Avg5.7%COST (7.3%), DG (5.7%), PSMT (9.3%), NGVC (6.6%)
Op Mgn LTM4.2%TGT (5.1%), DG (4.3%), DLTR (12.3%), PSMT (4.5%), NGVC (4.5%)
CFO/Rev LTM5.5%TGT (6.0%), DG (7.6%), DLTR (24.8%)
FCF/Rev LTM2.0%COST (2.7%), TGT (2.8%), DG (4.4%), DLTR (14.3%), NGVC (2.6%)
Total Yield3.4%TGT (14.8%), DG (6.2%), BJ (4.4%), PSMT (4.6%), WMK (7.6%)
 WMTBetter Performance than WMT
MetricValueAll Other Sectors
Rev Chg LTM4.2%NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), AMZN (10.9%)
Rev Chg 3Y Avg5.7%NVDA (92.0%), MSFT (12.5%), GOOGL (10.2%), AMZN (11.3%), META (13.0%)
Op Mgn LTM4.2%NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), GOOGL (32.7%), AMZN (11.4%)
CFO/Rev LTM5.5%NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), GOOGL (36.0%), AMZN (18.1%)
FCF/Rev LTM2.0%NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), GOOGL (18.0%), AMZN (2.0%)
Total Yield3.4%GOOGL (4.1%), META (3.7%), BRK-B (5.9%), JPM (6.5%), V (3.7%)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Walmart Earnings Notes  
2Day 6 of Gains Streak for Walmart Stock with 5.1% Return (vs. 13% YTD) [9/4/2025]Notification 
3Day 6 of Gains Streak for Walmart Stock with 5.1% Return (vs. 13% YTD) [9/4/2025]Notification 
4WMT Delivers $130 Bil to Shareholders Over the Last 10 Years  
5How Does WMT Stack Up Against Its Peers?Peer Comparison 
6Better Bet Than WMT Stock: Pay Less Than Walmart To Get More From GOOGL, META   
7Better Bet Than WMT Stock: Pay Less Than Walmart To Get More From CASY, USFD   
8Now Is Not The Time To Buy Walmart StockBuy or Fear 
9Why Walmart Stock Moved: WMT Stock Has Gained 127% Since 2022 Fiscal End, Primarily Due To Favorable Change In Price To Sales Multiple (P/S)  
10[7/14/2025] Better Bet Than WMT Stock: Pay Less Than Walmart To Get More From Sector Peers SFM, CASY, MDLZ, USFD, COKE Actionable 
11ARTICLES  
12WMT Stock Up 5.1% after 6-Day Win Streak September 4th, 2025
13A Decade of Rewards: WMT Returns $130 Bil to Investors August 21st, 2025
14S&P 500 Movers | Winners: PKG, SW, HPE | Losers: FSLR, WMT, PCG August 21st, 2025
15How Will Walmart Stock React To Its Upcoming Earnings? August 19th, 2025
16Why you shouldn’t be buying Walmart stock August 9th, 2025
Title
0DASHBOARDS
1WMT Stock Up 5.1% after 6-Day Win Streak
2A Decade of Rewards: WMT Returns $130 Bil to Investors
3S&P 500 Movers | Winners: PKG, SW, HPE | Losers: FSLR, WMT, PCG
4How Will Walmart Stock React To Its Upcoming Earnings?
5Why you shouldn’t be buying Walmart stock
6ARTICLES
7Walmart Earnings Notes
8Day 6 of Gains Streak for Walmart Stock with 5.1% Return (vs. 13% YTD) [9/4/2025]
9Day 6 of Gains Streak for Walmart Stock with 5.1% Return (vs. 13% YTD) [9/4/2025]
10WMT Delivers $130 Bil to Shareholders Over the Last 10 Years
11How Does WMT Stack Up Against Its Peers?
12Better Bet Than WMT Stock: Pay Less Than Walmart To Get More From GOOGL, META 
13Better Bet Than WMT Stock: Pay Less Than Walmart To Get More From CASY, USFD 
14Now Is Not The Time To Buy Walmart Stock
15Why Walmart Stock Moved: WMT Stock Has Gained 127% Since 2022 Fiscal End, Primarily Due To Favorable Change In Price To Sales Multiple (P/S)
16[7/14/2025] Better Bet Than WMT Stock: Pay Less Than Walmart To Get More From Sector Peers SFM, CASY, MDLZ, USFD, COKE 

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Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1ECDAECD Automotive Design3347.2%307.9%
2BDSXBiodesix1090.6%-79.7%
3CLSDClearside Biomedical987.7%-74.7%
4ATHAAthira Pharma892.1%544.3%
5SDOTSadot690.6%-79.9%
6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
7ASSTStrive-54.5%650.3%
8VCIGVCI Global-51.0%-98.9%
9REXREX American Resources-50.7%44.3%
10RBNERobin Energy-42.6% 

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Walmart

Financials

WMTAMZNCOSTKRTGTBBYMedian
NameWalmart Amazon.c.Costco W.Kroger Target Best Buy  
Mkt Price104.27231.62963.0366.9688.9373.5796.60
Mkt Cap831.92,463.7427.544.240.415.6235.9
Rev LTM693,153670,038268,776146,972105,64041,598207,874
Op Inc LTM28,98876,19010,0843,8775,4241,7247,754
FCF LTM13,75313,4817,3171,8442,9441,3525,130
FCF 3Y Avg14,98621,6776,8522,2763,2821,5185,067
CFO LTM38,438121,13712,4265,6016,3862,0649,406
CFO 3Y Avg36,70796,97711,4606,0427,4702,2959,465

Growth & Margins

WMTAMZNCOSTKRTGTBBYMedian
NameWalmart Amazon.c.Costco W.Kroger Target Best Buy  
Rev Chg LTM4.2%10.9%5.9%-2.1%-1.5%-2.2%1.3%
Rev Chg 3Y Avg5.7%11.3%7.3%1.4%-0.7%-5.4%3.5%
Rev Chg Q4.8%13.3%8.0%-0.3%-0.9%1.6%3.2%
QoQ Delta Rev Chg LTM1.2%3.0%1.8%-0.1%-0.2%0.4%0.8%
Op Mgn LTM4.2%11.4%3.8%2.6%5.1%4.1%4.2%
Op Mgn 3Y Avg4.0%7.9%3.5%2.4%5.1%4.1%4.0%
QoQ Delta Op Mgn LTM-0.1%0.3%0.1%0.0%-0.3%-0.0%-0.0%
CFO/Rev LTM5.5%18.1%4.6%3.8%6.0%5.0%5.3%
CFO/Rev 3Y Avg5.5%15.8%4.5%4.1%7.0%5.3%5.4%
FCF/Rev LTM2.0%2.0%2.7%1.3%2.8%3.3%2.4%
FCF/Rev 3Y Avg2.3%3.5%2.7%1.5%3.1%3.5%2.9%

Valuation

WMTAMZNCOSTKRTGTBBYMedian
NameWalmart Amazon.c.Costco W.Kroger Target Best Buy  
Mkt Cap831.92,463.7427.544.240.415.6235.9
P/S1.23.71.60.30.40.40.8
P/EBIT26.728.940.411.77.314.120.4
P/E39.034.954.517.110.320.027.4
P/CFO21.620.334.47.96.37.514.1
Total Yield3.4%2.9%2.1%7.8%14.8%10.2%5.6%
Dividend Yield0.9%0.0%0.2%2.0%5.1%5.2%1.4%
FCF Yield 3Y Avg2.8%1.1%2.0%6.1%5.6%9.1%4.2%
D/E0.10.10.00.00.50.30.1
Net D/E0.10.0-0.00.00.40.20.0

Returns

WMTAMZNCOSTKRTGTBBYMedian
NameWalmart Amazon.c.Costco W.Kroger Target Best Buy  
1M Rtn3.5%0.1%-1.7%-4.0%-15.3%2.5%-0.8%
3M Rtn9.9%9.0%-1.1%2.7%-5.5%8.6%5.6%
6M Rtn21.7%18.5%6.8%3.3%-13.4%2.4%5.0%
12M Rtn34.0%23.9%7.9%24.1%-39.2%-22.5%15.9%
3Y Rtn144.0%87.5%99.1%51.5%-40.2%16.6%69.5%
1M Excs Rtn1.2%-2.3%-4.0%-6.3%-17.6%0.1%-3.1%
3M Excs Rtn0.6%-2.5%-11.7%-8.3%-15.7%-4.3%-6.3%
6M Excs Rtn5.2%2.6%-10.0%-15.1%-30.6%-14.3%-12.1%
12M Excs Rtn13.3%6.9%-11.6%4.9%-56.3%-39.0%-3.4%
3Y Excs Rtn74.8%9.2%25.5%-18.9%-103.8%-51.7%-4.9%

Comparison Analyses

Financials

$ Mil | FY: 1/312026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q3
Period End7/31/20254/30/20251/31/202510/31/20247/31/20244/30/20241/31/202410/31/20237/31/20234/30/20231/31/202310/31/2022
Filing Date8/29/20256/6/20253/14/202512/6/20248/30/20246/7/20243/15/202411/30/20239/1/20236/2/20233/17/202312/1/2022
Key Financials Quarterly            
Total Revenue177,402165,609180,554169,588169,335161,508173,388160,804161,632152,301164,048152,813
Ebitda13,57510,00011,0549,97610,10310,87711,3304,58314,2746,19712,3231,908
Operating Income7,2867,1357,8596,7087,9406,8417,2546,2027,3166,2405,5612,695
Net Income7,0264,4875,2544,5774,5015,1045,4944537,8911,6736,275-1,798
EPS0.880.560.650.570.560.630.680.060.980.210.78-0.22
Key Financials TTM            
Total Revenue TTM693,153685,086680,985673,819665,035657,332648,125638,785630,794622,021611,289600,112
Ebitda TTM44,60541,13342,01042,28636,89341,06436,38437,37734,70230,25030,08925,681
Operating Income TTM28,98829,64229,34828,74328,23727,61327,01225,31921,81221,35020,42820,754
Net Income TTM21,34418,81919,43619,67615,55218,94215,51116,29214,04111,29911,6808,967
Growth Rates Quarterly            
Total Revenue Growth4.8%2.5%4.1%5.5%4.8%6.0%5.7%5.2%5.7%7.6%7.3%8.7%
EBITDA Growth34.4%-8.1%-2.4%117.7%-29.2%75.5%-8.1%140.2%45.3%2.7%55.7%-73.8%
Operating Income Growth-8.2%4.3%8.3%8.2%8.5%9.6%30.4%130.1%6.7%17.3%-5.5%-53.5%
Net Income Growth56.1%-12.1%-4.4%910.4%-43.0%205.1%-12.4%125.2%53.3%-18.5%76.2%-157.9%
Margins Quarterly            
EBITDA Margin7.7%6.0%6.1%5.9%6.0%6.7%6.5%2.9%8.8%4.1%7.5%1.2%
Operating Income Margin4.1%4.3%4.4%4.0%4.7%4.2%4.2%3.9%4.5%4.1%3.4%1.8%
Net Income Margin4.0%2.7%2.9%2.7%2.7%3.2%3.2%0.3%4.9%1.1%3.8%-1.2%
Cash & Debt            
Total Cash9,4319,3119,03710,0498,8119,4059,86712,15413,88810,5758,62511,587
Total Debt65,01467,20560,11461,74961,30564,46361,32169,73964,80163,86758,92365,380
Net Debt / (Cash)55,58357,89451,07751,70052,49455,05851,45457,58550,91353,29250,29853,793
Cash Flows Quarterly            
FCF from Operations12,9415,41113,5256,56112,1084,24916,71281313,5684,63313,1436,458
Cash Flows TTM            
FCF from Operations TTM38,43837,60536,44339,63033,88235,34235,72632,15737,80237,23228,84123,588
Returns to Shareholders Quarterly            
Dividends1,8751,8801,6841,6681,6651,6711,5341,5341,5341,5381,5141,519
Share Repurchases1,6454,5551,4459771,0131,0591,4971114856861,2122,961
Return on Invested Capital (ROIC) Quarterly            
ROIC40.2%38.2%48.0%40.1%45.9%37.5%42.6%30.3%43.2%33.0%28.9%20.0%
Return on Invested Capital (ROIC) TTM            
ROIC TTM40.3%39.5%44.0%42.2%40.5%37.7%39.1%31.0%28.7%26.4%27.0%27.3%

Segment Financials

Revenue by Segment

$ Mil20252024202320222021
Walmart US443,802422,398393,247369,963341,004
Walmart International116,049102,604100,959121,360120,130
Sam's Club U.S.88,23086,25373,55663,91058,792
Corporate and support4434000
Membership and other income  4,9923,9184,038
Total648,125611,289572,754559,151523,964


Operating Income by Segment
$ Mil20252024202320222021
Walmart US22,15420,62021,58719,11617,380
Walmart International4,9092,9653,7583,6603,370
Sam's Club U.S.2,1921,9642,2591,9061,642
Corporate and support-2,243-5,121-1,662-2,134-1,824
Total27,01220,42825,94222,54820,568


Assets by Segment
$ Mil20252024202320222021
Walmart US137,782130,659125,044113,490110,353
Walmart International86,13686,76691,403109,445105,811
Sam's Club U.S.15,68215,49014,67813,41513,494
Corporate12,79910,282   
Corporate and support  13,73516,1466,837
Total252,399243,197244,860252,496236,495


Price Behavior

WMT Betas & Captures as of 8/31/2025

 1M2M3M6M1Y3Y
Beta0.260.200.240.690.620.52
Up Beta0.460.060.140.840.780.62
Down Beta-0.37-0.50-0.230.570.540.54
Up Capture25%31%23%45%48%21%
Bmk +ve Days10223571142415
Stock +ve Days11213063137416
Down Capture53%80%70%71%54%61%
Bmk -ve Days11192754106334
Stock -ve Days10213363111334

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity38,967,033
Short Interest: % Change Since 8152025-0.5%
Average Daily Volume22,082,445
Days-to-Cover Short Interest1.76
Basic Shares Quantity7,978,000,000
Short % of Basic Shares0.5%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/21/2025-4.5%-6.3% 
5/15/2025-0.5%-0.4%-2.5%
2/20/2025-6.5%-7.5%-17.5%
11/19/20243.0%6.4%11.5%
8/15/20246.6%9.9%17.7%
5/16/20247.0%9.1%12.0%
2/20/20243.2%5.0%7.6%
11/16/2023-8.1%-8.9%-9.7%
...
SUMMARY STATS   
# Positive11811
# Negative131613
Median Positive3.2%5.7%6.4%
Median Negative-2.2%-2.3%-4.2%
Max Positive7.0%9.9%17.7%
Max Negative-11.4%-17.3%-19.5%

SEC Filings

Expand for More

Report DateFiling DateFiling
7312025829202510-Q 7/31/2025
4302025606202510-Q 4/30/2025
1312025314202510-K 1/31/2025
103120241206202410-Q 10/31/2024
7312024830202410-Q 7/31/2024
4302024607202410-Q 4/30/2024
1312024315202410-K 1/31/2024
103120231130202310-Q 10/31/2023
7312023901202310-Q 7/31/2023
4302023602202310-Q 4/30/2023
1312023317202310-K 1/31/2023
103120221201202210-Q 10/31/2022
7312022902202210-Q 7/31/2022
4302022603202210-Q 4/30/2022
1312022318202210-K 1/31/2022
103120211201202110-Q 10/31/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Walton Family Holdings Trust 8262025Sell97.33504,85549,136,42653,698,311,361Form
1Furner John R.Executive Vice President8252025Sell98.5513,1251,293,50890,588,790Form
2McLay Kathryn J.Executive Vice President8202025Sell100.964,000403,840106,255,860Form
3Bartlett Daniel JExecutive Vice President8192025Sell100.381,655166,12465,001,773Form
4Rainey John DExecutive Vice President8042025Sell98.282,113207,66461,543,051Form

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