Walmart Inc. | Mega-cap | Consumer Defensive
$96.02
-1.27%
| Walmart Stock Comparison:
Walmart vs Costco WholesaleWalmart vs TargetWalmart vs Dollar GeneralWalmart vs Dollar TreeWalmart vs BJ's Wholesale ClubWalmart vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2025

Income Metrics

Revenue 681.0B
Gross Profit 169.2B 24.85%
Operating Income 29.3B 4.31%
Net Income 20.2B 2.96%
EPS (Diluted) $2.41

Balance Sheet Metrics

Total Assets 260.8B
Total Liabilities 163.1B
Shareholders Equity 97.7B
Debt to Equity 1.67

Cash Flow Metrics

Operating Cash Flow 34.8B
Free Cash Flow 12.7B

Revenue & Profitability Trend

Walmart Income Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Revenue 681.0B 648.1B 611.3B 572.8B 559.2B
Cost of Goods Sold 511.8B 490.1B 463.7B 429.0B 420.3B
Gross Profit 169.2B 158.0B 147.6B 143.8B 138.8B
Operating Expenses 279.8B 131.0B 127.1B 117.8B 116.3B
Operating Income 29.3B 27.0B 20.4B 25.9B 22.5B
Pre-tax Income 26.3B 21.8B 17.0B 18.7B 20.6B
Income Tax 6.2B 5.6B 5.7B 4.8B 6.9B
Net Income 20.2B 16.3B 11.3B 13.9B 13.7B
EPS (Diluted) $2.41 $1.91 $1.42 $1.62 $1.58

Income Statement Trend

Walmart Balance Sheet From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Assets
Current Assets 79.5B 76.9B 75.7B 81.1B 90.1B
Non-Current Assets 181.4B 175.5B 167.5B 163.8B 162.4B
Total Assets 260.8B 252.4B 243.2B 244.9B 252.5B
Liabilities
Current Liabilities 96.6B 92.4B 92.2B 87.4B 92.6B
Non-Current Liabilities 66.5B 69.4B 67.0B 65.6B 72.3B
Total Liabilities 163.1B 161.8B 159.2B 153.0B 165.0B
Equity
Total Shareholders Equity 97.7B 90.6B 84.0B 91.9B 87.5B

Balance Sheet Composition

Walmart Cash Flow Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Operating Activities
Net Income 20.2B 16.3B 11.3B 13.9B 13.7B
Operating Cash Flow 34.8B 34.3B 22.9B 17.5B 31.8B
Investing Activities
Capital Expenditures -23.4B -20.4B -16.7B -12.7B -10.0B
Investing Cash Flow -21.4B -21.3B -17.7B -6.0B -10.1B
Financing Activities
Dividends Paid -6.7B -6.1B -6.1B -6.2B -6.1B
Financing Cash Flow -14.8B -13.4B -17.0B -22.8B -16.1B
Free Cash Flow 12.7B 15.1B 12.0B 11.1B 25.8B

Cash Flow Trend

Walmart Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 41.63
Forward P/E 35.82
Price to Book 9.29
Price to Sales 1.13
PEG Ratio 35.82

Profitability Ratios

Profit Margin 2.75%
Operating Margin 4.31%
Return on Equity 21.78%
Return on Assets 7.15%

Financial Health

Current Ratio 0.78
Debt to Equity 75.78
Beta 0.69

Per Share Data

EPS (TTM) $2.34
Book Value per Share $10.49
Revenue per Share $85.31

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
wmt 777.5B 41.63 9.29 21.78% 2.75% 75.78
Costco Wholesale 445.5B 56.91 16.42 32.08% 2.92% 30.16
Target 43.9B 10.61 2.93 29.08% 3.95% 130.21
Dollar General 22.3B 19.84 3.01 15.89% 2.77% 235.56
Dollar Tree 21.0B 19.82 5.41 19.40% -16.55% 202.51
BJ's Wholesale Club 15.2B 26.70 7.69 32.76% 2.76% 136.72

Financial data is updated regularly. All figures are in the company's reporting currency.