Barrons·15h ago
It's Grocery Wars. Walmart Cuts Food Prices, but Shoppers Are Fed Up.The discount retailer is lowering thousands of prices, but grocery chains are too. The problem: Americans have lost their patience, and so has Wall Street.
Walmart Inc.(WMT)Earnings, Financials & Key Ratios
WMT•NYSE
$111.54
40.9× P/E·Price updated Jul 7, 2026
AboutWalmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. The company offers grocery and consumables, including dairy, meat, bakery, deli, produce, dry, chilled or frozen packaged foods, alcoholic and nonalcoholic beverages, floral, snack foods, candy, other grocery items, health and beauty aids, paper goods, laundry and home care, baby care, pet supplies, and other consumable items; fuel, tobacco and other categories. It is also involved in the provision of health and wellness products covering pharmacy, optical and hearing services, and over-the-counter drugs and other medical products; and home and apparel including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, seasonal items, mattresses and tire and battery centers. In addition, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Further, it operates digital payment platforms; and offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access. Additionally, the company markets lines of merchandise under private brands, including Allswell, Athletic Works, Equate, and Free Assembly. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.Show more
- Revenue$713.16B+4.7%
- EBITDA$44.03B+4.0%
- Net Income$21.89B+12.6%
- EPS (Diluted)2.73+13.3%
- Gross Margin24.93%+0.3%
- EBITDA Margin6.17%-0.7%
- Operating Margin4.18%-3.0%
- Net Margin3.07%+7.6%
- ROE21.48%+4.0%
WMT Price & Volume
Walmart Inc. (WMT) stock price & volume — 10-year historical chart
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Revenue Growth Faces Persistent Operating Margin Constraints
Investment Thesis • Updated 2027Q1
VerdictNeutral
Growth:Expanding
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Thin Operating Margin Sensitivity
Key Thesis Takeaways
- Walmart continues to demonstrate robust top-line momentum with 7.3% revenue growth in 2027Q1, yet the company's reliance on thin 4.2% operating margins leaves little room for macroeconomic volatility.
- While the firm successfully leverages its $159.0 billion net PPE base to capture market share, the high capital intensity and inconsistent free cash flow generation warrant caution.
- Investors should monitor whether the current 39.83 forward P/E valuation can be sustained given the structural challenges in converting massive scale into bottom-line efficiency.
Verdict Logic
while revenue expansion is consistent, the current 42.38 P/E ratio appears elevated relative to the thin 3.2% net margin and the recent negative free cash flow of $1.9 billion.
WMT Growth Metrics
Walmart Inc. (WMT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years3.99%
5 Years4.99%
3 Years5.27%
TTM5.87%
Profit CAGR
10 Years4.07%
5 Years10.14%
3 Years23.3%
TTM22.51%
EPS CAGR
10 Years6.03%
5 Years11%
3 Years24.34%
TTM21.79%
Return on Capital
10 Years15.97%
5 Years16.51%
3 Years17.65%
Last Year17.47%
WMT Recent Earnings
Walmart Inc. (WMT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
May 21, 2026Metric
Actual
Est
EPS
$0.66+0.2%
$0.66
Rev
$177.8B+1.7%
$174.8B
Q1 2026
Feb 19, 2026Metric
Actual
Est
EPS
$0.74+1.8%
$0.73
Rev
$190.7B+0.1%
$190.5B
Q4 2025
Nov 20, 2025Metric
Actual
Est
EPS
$0.62+3.2%
$0.60
Rev
$179.5B+1.2%
$177.4B
Q3 2025
Aug 21, 2025Metric
Actual
Est
EPS
$0.68-7.2%
$0.73
Rev
$177.4B+0.8%
$175.9B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 21, 2026 | $0.66vs $0.66+0.2% | $177.8Bvs $174.8B+1.7% |
| Q1 2026 | Feb 19, 2026 | $0.74vs $0.73+1.8% | $190.7Bvs $190.5B+0.1% |
| Q4 2025 | Nov 20, 2025 | $0.62vs $0.60+3.2% | $179.5Bvs $177.4B+1.2% |
| Q3 2025 | Aug 21, 2025 | $0.68vs $0.73-7.2% | $177.4Bvs $175.9B+0.8% |
Based on last 12 quarters of dataView full earnings history →
Latest WMT News
Recent stock market news and headlines for Walmart Inc. (WMT)
Forbes·16h ago
Walmart Rolls Back Prices On Over 250 Items—And Trump Quickly Claims CreditWalmart moved to give inflation-weary customers a break this summer, rolling back prices on more than 250 seasonal essentials—and within hours, President Trump claimed credit for the cuts on Truth Social.
Investopedia·17h ago
Walmart Looks to Win Over Inflation-Weary Americans With Thousands of Price CutsWalmart is cutting prices. Investors are cheering the plan.
Benzinga·20h ago
Walmart, Apple And Nike May Be Agentic AI's First Winners. Grocery May Be The First LoserFor months, investors have debated whether agentic AI will replace retailers. JPMorgan thinks that's the wrong question.
GuruFocus·20h ago
Walmart (WMT) Implements Summer Rollbacks to Boost Market PositionWalmart (WMT) shares are on the rise following the announcement of thousands of summer Rollbacks across various categories, including grocery, household essenti
Peers Comparison
Key metrics vs top competitors for Walmart Inc. (WMT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $111.54 | $889.08B | 40.86 | 4.73% | 3.07% | 21.48% | 0.84% | |
| $130.29 | $59.17B | 16.03 | -1.68% | 3.42% | 22.76% | — | |
| $947.50 | $420.2B | 52.03 | 8.17% | 3.01% | 28.27% | — | |
| $58.54 | $36.09B | 38.01 | 0.35% | 0.71% | 14.66% | — | |
| $87.52 | $11.18B | 19.98 | 4.66% | 2.6% | 25.45% | — | |
| $84.09 | $7.91B | 15.84 | 14.08% | 5.7% | 36.06% | — |
Compare WMT vs Peers
Walmart Inc. (WMT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WMT SEC Filings & Documents
Walmart Inc. (WMT) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 21, 2026·SEC
Material company update
Apr 30, 2026·SEC
Material company update
Mar 27, 2026·SEC
10-K Annual Reports
1FY 2026
Mar 13, 2026·SEC
10-Q Quarterly Reports
3Get notified when WMT posts new earnings or crosses analyst targets
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WMT Frequently Asked Questions
Walmart Inc. (WMT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Walmart Inc.'s revenue?
Walmart Inc. (WMT) reported $725.30B in revenue for fiscal year 2026. This represents a 583% increase from $106.15B in 1997.
How fast is Walmart Inc. growing?
Walmart Inc. (WMT) grew revenue by 4.7% over the past year. Growth has been modest.
Is WMT profitable?
Yes, Walmart Inc. (WMT) is profitable, generating $23.06B in net income for fiscal year 2026 (3.1% net margin).
Dividend & Returns
Does WMT pay dividends?
Yes, Walmart Inc. (WMT) pays a dividend with a yield of 0.84%. This makes it attractive for income-focused investors.
What is WMT's return on equity?
Walmart Inc. (WMT) has a return on equity (ROE) of 21.5%. This is excellent, indicating efficient use of shareholder capital.
What is Walmart Inc.'s free cash flow?
Walmart Inc. (WMT) generated $12.55B in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.