Walmart (WMT) Financials: Revenue & Earnings

WMT price $118.70 -0.62 -0.52%

Ticker
WMT
Price
$118.70
Change
-0.62 -0.52%
Market cap ?
$944.62B
P/E ?
43.43
Forward P/E ?
41.08
Dividend yield ?
0.81%
Beta ?
0.58
Sector
Consumer Defensive
Industry
Discount Stores
Stocklytics score
33
Value
17
Quality
38
Growth
45

Stocklytics score rationale: value 17, quality 38, growth 45.

Financials

2017201820192020202120222023202420252026
485873000000500343000000514405000000523964000000559151000000572754000000611289000000648125000000680985000000713163000000

Walmart Inc., established in 1945 and based in Bentonville, Arkansas, operates as a global retail powerhouse, having officially adopted its current name in February 2018, formerly Wal-Mart Stores, Inc. The company's diverse operations, encompassing retail, wholesale, and e-commerce, are managed across three primary divisions: Walmart U.S., Walmart International, and Sam's Club. Its extensive physical presence…

Fair value

WMT fair value $69.68. Price $118.70. Price is 70% above fair value.

Above fair value, around its usual premium.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 13.51B. Growth 6.17%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 7.96B. Net debt 56.37B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Model uncertainty high for this stock

Compare WMT

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-19—0.64—187.27B
2026-08-200.810.74187.94B186.64B
2026-05-210.660.66177.75B174.84B
2026-02-190.740.73190.66B190.58B
2025-11-200.620.60179.50B177.44B
2025-08-210.680.73177.40B175.94B
2025-05-150.610.57165.61B165.62B
2025-02-200.660.65180.55B180.07B
2024-11-190.580.53169.60B167.69B
2024-08-150.670.65169.34B168.56B
2024-05-160.600.52161.51B159.57B
2024-02-200.600.55173.39B170.85B
2023-11-160.510.51160.80B159.65B
2023-08-170.610.56161.63B160.22B
2023-05-180.490.44152.30B148.94B
2023-02-210.570.51164.05B159.76B
2022-11-150.500.44152.80B147.67B
2022-08-160.590.53152.86B150.99B
2022-05-170.430.49141.57B138.80B
2022-02-170.510.50152.87B151.72B
2021-11-160.480.46140.53B151.52B
2021-08-170.590.52141.05B135.74B
2021-05-180.560.41138.31B125.16B
2021-02-180.460.50152.08B164.16B
2020-11-170.600.40134.71B116.44B
2020-08-180.760.41137.74B110.37B
2020-05-190.470.37134.62B127.78B
2020-02-180.460.48141.67B147.83B
2019-11-140.390.36127.99B120.27B
2019-08-150.420.41130.38B125.24B
2019-05-160.450.34123.92B111.86B
2019-02-190.470.44138.79B138.76B
2018-11-150.360.34124.89B116.80B
2018-08-160.430.40128.03B121.08B
2018-05-170.380.37122.69B120.54B
2018-02-200.250.45136.27B119.48B
2017-11-160.330.32123.18B119.48B
2017-08-170.360.36123.36B122.21B
2017-05-180.330.32117.54B112.84B
2017-02-210.430.43130.94B115.77B

Dividends

Yield 0.82%. Payout ratio 34.87%. Frequency Quarterly.

Safety score 84/100 · Safe. Payout ratio is 35% of earnings. Dividends use a moderate share of free cash flow. Dividends were paid in 53 separate years. Yield is 0.8%, which is modest.

Ex-dateDividendRecordPaymentFrequency
2026-12-11$0.252026-12-112027-01-04Quarterly
2026-08-21$0.252026-08-212026-09-08Quarterly
2026-05-08$0.252026-05-082026-05-26Quarterly
2026-03-20$0.252026-03-202026-04-06Quarterly
2025-12-12$0.232025-12-122026-01-05Quarterly
2025-08-15$0.232025-08-152025-09-02Quarterly
2025-05-09$0.232025-05-092025-05-27Quarterly
2025-03-21$0.232025-03-212025-04-07Quarterly
2024-12-13$0.212024-12-132025-01-06Quarterly
2024-08-16$0.212024-08-162024-09-03Quarterly
2024-05-09$0.212024-05-102024-05-28Quarterly
2024-03-14$0.212024-03-152024-04-01Quarterly
2023-12-07$0.192023-12-082024-01-02Quarterly
2023-08-10$0.192023-08-112023-09-05Quarterly
2023-05-04$0.192023-05-052023-05-30Quarterly
2023-03-16$0.192023-03-172023-04-03Quarterly
2022-12-08$0.192022-12-092023-01-03Quarterly
2022-08-11$0.192022-08-122022-09-06Quarterly
2022-05-05$0.192022-05-062022-05-31Quarterly
2022-03-17$0.192022-03-182022-04-04Quarterly
2021-12-09$0.182021-12-102022-01-03Quarterly
2021-08-12$0.182021-08-132021-09-07Quarterly
2021-05-06$0.182021-05-072021-06-01Quarterly
2021-03-18$0.182021-03-192021-04-05Quarterly
2020-12-10$0.182020-12-112021-01-04Quarterly
2020-08-13$0.182020-08-142020-09-08Quarterly
2020-05-07$0.182020-05-082020-06-01Quarterly
2020-03-19$0.182020-03-202020-04-06Quarterly
2019-12-05$0.182019-12-062020-01-02Quarterly
2019-08-08$0.182019-08-092019-09-03Quarterly
2019-05-09$0.182019-05-102019-06-03Quarterly
2019-03-14$0.182019-03-152019-04-01Quarterly
2018-12-06$0.172018-12-072019-01-02Quarterly
2018-08-09$0.172018-08-102018-09-04Quarterly
2018-05-10$0.172018-05-112018-06-04Quarterly
2018-03-08$0.172018-03-092018-04-02Quarterly
2017-12-07$0.172017-12-082018-01-02Quarterly
2017-08-09$0.172017-08-112017-09-05Quarterly
2017-05-10$0.172017-05-122017-06-05Quarterly
2017-03-08$0.172017-03-102017-04-03Quarterly
2016-12-07$0.172016-12-092017-01-03Quarterly
2016-08-10$0.172016-08-122016-09-06Quarterly
2016-05-11$0.172016-05-132016-06-06Quarterly
2016-03-09$0.172016-03-112016-04-04Quarterly
2015-12-02$0.162015-12-042016-01-04Quarterly
2015-08-05$0.162015-08-072015-09-08Quarterly
2015-05-06$0.162015-05-082015-06-01Quarterly
2015-03-11$0.162015-03-132015-04-06Quarterly
2014-12-03$0.162014-12-052015-01-05Quarterly
2014-08-06$0.162014-08-082014-09-03Quarterly
2014-05-07$0.162014-05-092014-06-02Quarterly
2014-03-07$0.162014-03-112014-04-01Quarterly
2013-12-04$0.162013-12-062014-01-02Quarterly
2013-08-07$0.162013-08-092013-09-03Quarterly
2013-05-08$0.162013-05-102013-06-03Quarterly
2013-03-08$0.162013-03-122013-04-01Quarterly
2012-12-05$0.132012-12-072012-12-27Quarterly
2012-08-08$0.132012-08-102012-09-04Quarterly
2012-05-09$0.132012-05-112012-06-04Quarterly
2012-03-08$0.132012-03-122012-04-04Quarterly
2011-12-07$0.122011-12-092012-01-03Quarterly
2011-08-10$0.122011-08-122011-09-06Quarterly
2011-05-11$0.122011-05-132011-06-06Quarterly
2011-03-09$0.122011-03-112011-04-04Quarterly
2010-12-08$0.102010-12-102011-01-03Quarterly
2010-08-11$0.102010-08-132010-09-07Quarterly
2010-05-12$0.102010-05-142010-06-01Quarterly
2010-03-10$0.102010-03-122010-04-05Quarterly
2009-12-09$0.092009-12-112010-01-04Quarterly
2009-08-12$0.092009-08-142009-09-08Quarterly
2009-05-13$0.092009-05-152009-06-01Quarterly
2009-03-11$0.092009-03-132009-04-06Quarterly
2008-12-11$0.082008-12-152009-01-02Quarterly
2008-08-13$0.082008-08-152008-09-02Quarterly
2008-05-14$0.082008-05-162008-06-02Quarterly
2008-03-12$0.082008-03-142008-04-07Quarterly
2007-12-12$0.072007-12-142008-01-02Quarterly
2007-08-15$0.072007-08-172007-09-04Quarterly
2007-05-16$0.072007-05-182007-06-04Quarterly
2007-03-14$0.072007-03-162007-04-02Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-10-15Furner John R.Sell7.09K$120.33852.99K
2026-10-15Furner John R.Sell6.04K$120.93729.91K
2026-10-15Nicholas Christopher JamesSell1.60K$120.33192.52K
2026-10-15Nicholas Christopher JamesSell1.30K$120.95157.23K
2026-10-14Watkins LatrieceSell5.00K$115.00575.00K
2026-10-06Dallaire SethSell387$105.0740.62K
2026-10-06Milum Dwayne MSell122$105.0712.78K
2026-10-06Watkins LatrieceSell227$105.0723.86K
2026-10-06Guggina David WSell118$105.0712.37K
2026-10-01Bartlett Daniel JSell3.99K$104.41416.60K
2026-09-30Penner Gregory BoydBuy547——
2026-09-30Walton Steuart LBuy337——
2026-09-30Mehrotra ShishirBuy277——
2026-09-30MAYER MARISSA ABuy277——
2026-09-30STEPHENSON RANDALL LBuy457——
2026-09-30Friar SarahBuy337——
2026-09-30Moritz Robert Edward Jr.Buy361——
2026-09-30Harris Carla ABuy168——
2026-09-30Conde CesarBuy277——
2026-09-17Furner John R.Sell7.08K$106.50754.01K
2026-09-17Furner John R.Sell6.04K$106.84645.87K
2026-09-17Nicholas Christopher JamesSell1.50K$106.49160.26K
2026-09-17Nicholas Christopher JamesSell1.40K$106.83149.02K
2026-09-08Dallaire SethSell387$107.1441.42K
2026-09-08Milum Dwayne MSell121$107.1412.98K
2026-09-08Guggina David WSell118$107.1412.61K
2026-09-08Watkins LatrieceSell227$107.1424.33K
2026-09-01Bartlett Daniel JSell3.95K$105.14415.30K
2026-08-26Danker DanielSell50.64K$105.355.34M
2026-08-25Danker DanielSell52.46K$106.495.59M
2026-08-20Nicholas Christopher JamesSell2.90K$106.34308.38K
2026-08-11Dallaire SethSell387$112.6643.56K
2026-08-11Milum Dwayne MSell121$112.6613.65K
2026-08-11Guggina David WSell118$112.6613.26K
2026-08-11Watkins LatrieceSell227$112.6625.59K
2026-08-03Bartlett Daniel JSell3.71K$113.10419.60K
2026-07-16Nicholas Christopher JamesSell1.64K$113.87186.64K
2026-07-16Nicholas Christopher JamesSell1.26K$114.48144.36K
2026-07-14Watkins LatrieceSell227$114.7826.07K
2026-07-14Guggina David WSell118$114.7813.51K
2026-07-14Milum Dwayne MSell121$114.7813.91K
2026-07-14Dallaire SethSell387$114.7844.38K
2026-07-01Bartlett Daniel JSell3.77K$109.64413.89K
2026-06-30Penner Gregory BoydBuy502$113.2656.86K
2026-06-30STEPHENSON RANDALL LBuy419$113.2647.46K
2026-06-30Walton Steuart LBuy309$113.2635.00K
2026-06-30Mehrotra ShishirBuy254$113.2628.77K
2026-06-30Friar SarahBuy309$113.2635.00K
2026-06-30Moritz Robert Edward Jr.Buy276$113.2631.26K
2026-06-30Conde CesarBuy254$113.2628.77K
2026-06-30Harris Carla ABuy155$113.2617.56K
2026-06-30MAYER MARISSA ABuy254$113.2628.77K
2026-06-24Walton Family Holdings TrustSell1.70M——
2026-06-23Walton Family Holdings TrustSell767.00K——
2026-06-18Nicholas Christopher JamesSell2.90K$118.19342.75K
2026-06-16Walton Family Holdings TrustSell886.00K——
2026-06-16Walton Family Holdings TrustSell3.86M$120.98467.03M
2026-06-16Walton Family Holdings TrustSell539.74K$121.7865.73M
2026-06-16Walton Family Holdings TrustSell24.72K$122.423.03M
2026-06-16Watkins LatrieceSell3.67K$120.82443.07K
2026-06-15Bartlett Daniel JSell1.39K$119.83165.96K
2026-06-10Guggina David WSell11.98K$119.821.44M
2026-06-04Harris Carla ABuy1.94K——
2026-06-04Mehrotra ShishirBuy1.94K——
2026-06-04STEPHENSON RANDALL LBuy1.94K——
2026-06-04Walton Steuart LBuy1.94K——
2026-06-04Conde CesarBuy1.94K——
2026-06-04Moritz Robert Edward Jr.Buy1.94K——
2026-06-04Penner Gregory BoydBuy2.88K——
2026-06-04Friar SarahBuy1.94K——
2026-06-04HORTON THOMAS WBuy1.94K——
2026-06-04MAYER MARISSA ABuy1.94K——
2026-06-02Walton Family Holdings TrustSell1.63M$113.24184.39M
2026-06-02Walton Family Holdings TrustSell143.04K$114.1616.33M
2026-06-02Milum Dwayne MSell122$114.6013.95K
2026-06-02Dallaire SethSell388$114.6044.51K
2026-06-02Watkins LatrieceSell228$114.6026.15K
2026-06-02Guggina David WSell118$114.6013.55K
2026-05-29Bartlett Daniel JSell424——
2026-05-28Walton Family Holdings TrustSell207.65K$119.0124.71M
2026-05-28McMillon C DouglasSell19.42K$118.632.30M
2026-05-28Watkins LatrieceSell11.00K$118.971.31M
2026-05-27Walton Family Holdings TrustSell254.18K$119.0530.26M
2026-05-26Walton Family Holdings TrustSell1.55M——
2026-05-26Walton Family Holdings TrustSell511.64K$119.1660.97M
2026-05-26Walton Family Holdings TrustSell19.44K$120.462.34M
2026-05-26Walton Family Holdings TrustSell1.26K$121.01152.59K
2026-05-22Walton Family Holdings TrustSell638.88K$119.6676.45M
2026-05-22Walton Family Holdings TrustSell949.67K$120.22114.17M
2026-05-22Walton Family Holdings TrustSell2.95K$121.07356.91K
2026-05-21Furner John R.Sell12.10K$124.011.50M
2026-05-21Furner John R.Sell1.02K$124.93128.05K
2026-05-21Nicholas Christopher JamesSell2.90K$123.92359.37K
2026-05-19Nicholas Christopher JamesSell15.25K$133.342.03M
2026-05-15Bartlett Daniel JSell1.25K$133.77167.21K
2026-05-05Milum Dwayne MSell122$130.3315.87K
2026-05-05Watkins LatrieceSell228$130.3329.74K
2026-05-05Dallaire SethSell388$130.3350.62K
2026-05-05Guggina David WSell9.25K$130.331.21M
2026-04-23McMillon C DouglasSell19.42K$132.212.57M

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 4.56K, holders -40 vs prior quarter. Ownership 37.61%.

HolderSharesChangeChange %Value
BLACKROCK, INC.354.20M1.11M+0.31%40.12B
VANGUARD CAPITAL MANAGEMENT LLC286.35M1.50M+0.53%32.43B
STATE STREET CORP188.04M2.11M+1.13%21.30B
INVESCO LTD.148.46M45.89M+44.74%16.81B
GEODE CAPITAL MANAGEMENT, LLC106.45M593.61K+0.56%12.00B
JPMORGAN CHASE & CO96.31M-26.16M-21.36%11.04B
VANGUARD PORTFOLIO MANAGEMENT LLC94.77M1.07M+1.14%10.73B
MORGAN STANLEY88.32M2.41M+2.81%10.00B
BANK OF AMERICA CORP /DE/65.82M-21.09K-0.03%7.46B
NORGES BANK57.42M57.42MNew6.50B
GOLDMAN SACHS GROUP INC42.26M4.19M+11.00%4.79B
FISHER ASSET MANAGEMENT, LLC41.49M515.42K+1.26%4.70B
NORTHERN TRUST CORP40.99M-775.08K-1.86%4.64B
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO38.99M00.00%4.42B
FMR LLC31.27M-512.32K-1.61%3.54B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC30.50M142.30K+0.47%3.45B
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.30.50M30.50MNew3.45B
WELLS FARGO & COMPANY/MN28.79M-495.69K-1.69%3.26B
BANK OF NEW YORK MELLON CORP27.16M-982.67K-3.49%3.08B
ROYAL BANK OF CANADA27.05M-744.00K-2.68%3.06B
AMERIPRISE FINANCIAL INC27.03M-183.93K-0.68%3.06B
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC27.02M-63.02K-0.23%3.06B
LEGAL & GENERAL GROUP PLC25.65M-1.27M-4.73%2.91B
FRANKLIN TEMPLETON INC25.31M-2.25M-8.15%2.87B
VANGUARD FIDUCIARY TRUST CO24.67M-66.21K-0.27%2.79B

Earnings and financials

Walmart Inc. (WMT) trades at $118.70, with a market cap of $944.62B and a trailing P/E of 43.43. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.

Financials

2017201820192020202120222023202420252026
485873000000500343000000514405000000523964000000559151000000572754000000611289000000648125000000680985000000713163000000

Insights · Dividends · Forecast · Financials · Learn

Stocklytics home · Screener

Walmart (WMT) Financials: Revenue & Earnings

WMT$118.70-0.62 -0.52%

$944.62B

Market Cap

43.43

P/E

41.08

Forward P/E

33

Score

Price History