Walmart Inc WMT Stock Analysis
- Nasdaq
- Stock
- Pre-market · opens 9:30 AM ET
$119.89 down $1.23, 1.02% at close Oct 23
Last close · Previous close $121.12
- Market cap
- $954.09BAt the Oct 23 close
- P/E ratio
- 43.28On last 12 months’ EPS
- Diluted EPS
- $2.77Last 12 months
- Dividend yield
- 0.82%Last 12 months
Price chart
$119.89down $1.23, 1.02%Fri, Oct 23 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$121.12Oct 22
- Volume18.60MOct 23 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume21.18MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $98.88 to $135.16; now $119.89
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Oct 23 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
WMT beat the S&P 500 in 5 of 7 periods.
| Period | WMT and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | WMT: up 8.5% S&P 500: down 1.0% | WMT beat the S&P 500 by 9.5 percentage points Beat |
| 3M | WMT: up 10.9% S&P 500: up 3.2% | WMT beat the S&P 500 by 7.7 percentage points Beat |
| YTD | WMT: up 8.3% S&P 500: up 12.3% | WMT trailed the S&P 500 by 4.0 percentage points Trailed |
| 1Y | WMT: up 13.1% S&P 500: up 14.3% | WMT trailed the S&P 500 by 1.2 percentage points Trailed |
| Long term | ||
| 3Y | WMT: up 130.5% S&P 500: up 87.4% +32.1% vs +23.3% a year | WMT beat the S&P 500 by 43.1 percentage points Beat |
| 5Y | WMT: up 158.1% S&P 500: up 79.4% +20.9% vs +12.4% a year | WMT beat the S&P 500 by 78.7 percentage points Beat |
| 10Y | WMT: up 521.9% S&P 500: up 316.2% +20.1% vs +15.3% a year | WMT beat the S&P 500 by 205.7 percentage points Beat |
$10,000 invested in WMT 10 years ago (Oct 21, 2016) would be worth about $62,186 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,616.
WMT beat the S&P 500 in 5 of 7 periods.
| Period | WMT and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | WMT: up 8.5% S&P 500: down 1.0% | WMT beat the S&P 500 by 9.5 percentage points Beat |
| 3M | WMT: up 10.6% S&P 500: up 3.0% | WMT beat the S&P 500 by 7.6 percentage points Beat |
| YTD | WMT: up 7.6% S&P 500: up 11.4% | WMT trailed the S&P 500 by 3.8 percentage points Trailed |
| 1Y | WMT: up 12.2% S&P 500: up 13.1% | WMT trailed the S&P 500 by 0.9 percentage points Trailed |
| Long term | ||
| 3Y | WMT: up 123.4% S&P 500: up 80.7% +30.7% vs +21.8% a year | WMT beat the S&P 500 by 42.7 percentage points Beat |
| 5Y | WMT: up 142.5% S&P 500: up 67.7% +19.4% vs +10.9% a year | WMT beat the S&P 500 by 74.8 percentage points Beat |
| 10Y | WMT: up 426.3% S&P 500: up 255.2% +18.1% vs +13.5% a year | WMT beat the S&P 500 by 171.1 percentage points Beat |
$10,000 invested in WMT 10 years ago (Oct 21, 2016) would be worth about $52,629 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,516.
All-time high
$134.20
Closing high on . Now 10.7% below that record.
Split-adjusted daily closes since Aug 25, 1972.
Stock splits
10
Latest: 3-for-1 on . One share bought before the first split is 1,536 shares today.
All 10 splits
- 3-for-1
- 2-for-1
- 2-for-1
- 2-for-1
- 2-for-1
- 2-for-1
- 2-for-1
- 2-for-1
- 2-for-1
- 2-for-1
Valuation
The Oct 23 close compared with the last 12 months of reported results (the four quarters to Jul 31, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
43.3×The Oct 23 close ÷ diluted EPS over the last 12 months ($2.77)
The range covers daily P/E ratios from Oct 18, 2021 to Oct 23, 2026, each based on the previous 12 months of earnings.
WMT trades at 43.3× its earnings over the last 12 months, above its 5-year median of 37.1×. In plain terms, buyers are paying about $43 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 1.3×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 9.7×Book value as of Jul 31, 2026
Price relative to accounting equity (book value) per share on the Jul 31, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 21.9×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 11.56Last 12 months’ EPS growth
The P/E divided by the growth in diluted EPS over the last 12 months (+3.7% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 43.3 ÷ 3.7 - 1.44%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $1.02TAt the Oct 23 close
What it would cost to buy the whole business: the market cap at the Oct 23 close, plus debt, minus cash and short-term investments from the Jul 31, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own WMT DCF in Excel. Value Walmart with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jul 31, 2026. “Last 12 months” means the four quarters from Aug 1, 2025 to Jul 31, 2026, and balance-sheet figures are as of Jul 31, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $735.84Bup 6.2%
- Net income
- $22.08Bup 3.4%
- Diluted EPS
- $2.77up 3.7%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Oct 31, 2024) | $169.59B | $4.58B | $0.57 |
| Q4 FY24 (Jan 31, 2025) | $180.55B | $5.25B | $0.66 |
| Q1 FY25 (Apr 30, 2025) | $165.61B | $4.49B | $0.56 |
| Q2 FY25 (Jul 31, 2025) | $177.40B | $7.03B | $0.88 |
| Q3 FY25 (Oct 31, 2025) | $179.50B | $6.14B | $0.77 |
| Q4 FY25 (Jan 31, 2026) | $190.66B | $4.24B | $0.53 |
| Q1 FY26 (Apr 30, 2026) | $177.75B | $5.33B | $0.67 |
| Q2 FY26 (Jul 31, 2026) | $187.94B | $6.37B | $0.80 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Jan 31, 2022) | $572.75B | $13.67B | $1.62 |
| FY22 (Jan 31, 2023) | $611.29B | $11.68B | $1.42 |
| FY23 (Jan 31, 2024) | $648.13B | $15.51B | $1.91 |
| FY24 (Jan 31, 2025) | $680.99B | $19.44B | $2.41 |
| FY25 (Jan 31, 2026) | $713.16B | $21.89B | $2.73 |
Margins
- Gross 25.2%
- Operating 4.4%
- Net 3.0%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $13.70BLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$42.92BLast 12 months
- Capital spending$29.23BLast 12 months
- 1.9%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $6.99BLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$7.70BLast 12 months
- Total returned$14.69BLast 12 months
107% of free cash flow
Balance sheet
- $11.53BAs of Jul 31, 2026
Cash plus short- and long-term marketable securities on the Jul 31, 2026 balance sheet.
- Total debt$73.76BAs of Jul 31, 2026
- Net debt$62.23BAs of Jul 31, 2026
- 0.77As of Jul 31, 2026
Current assets divided by current liabilities on the Jul 31, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.75As of Jul 31, 2026
Total debt divided by shareholders’ equity on the Jul 31, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 6 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✗Return on assets improved: not passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✗Current ratio improved: not passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✗Asset turnover (revenue ÷ assets) improved: not passed
- 22.7%Last 12 months
Over the last 12 months, Walmart’s net income was 22.7% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 7.6%Last 12 months
Over the last 12 months, Walmart’s net income was 7.6% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.67 |
| 2017 | $0.68 |
| 2018 | $0.69 |
| 2019 | $0.71 |
| 2020 | $0.72 |
| 2021 | $0.73 |
| 2022 | $0.75 |
| 2023 | $0.76 |
| 2024 | $0.83 |
| 2025 | $0.94 |
| 2026 (to date) | $0.74 |
Dividend details
- $0.98Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- 0.82%; 5-yr low 0.64%, 5-yr high 4.10%Last 12 months
Dividends paid over the last 12 months as a share of the Oct 23 close. The bar shows where that yield sits in its range over the past five years; the median was 1.44%.
- $0.25Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- 35.3%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Walmart Inc
Walmart Inc. is a people-led, tech-powered omnichannel retailer helping people save money and live better - anytime and anywhere - in stores, online, and through their mobile devices. Each week, approximately 240 million customers and members visit more than 10,500 stores and numerous eCommerce websites in 20 countries. With fiscal year 2023 revenue of $611 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity.
- Sector
- Consumer Defensive
- Industry
- Discount Stores
- Headquarters
- Arkansas, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
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WMT stock FAQ
What is WMT stock’s price today?
Walmart (WMT) traded at $119.89 at the close on , down $1.23 (1.02%) from the previous close of $121.12. Over the past 52 weeks it has traded between $98.88 and $135.16.
If you invested $1,000 in WMT 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in WMT on would be worth about $6,219 at the close on , a total return of +521.9%. The same $1,000 would be worth $2,581 if invested five years ago, $1,131 if invested one year ago, $10,469 if invested 20 years ago, and $42,049 if invested 30 years ago. Past performance doesn’t predict future returns.
What is Walmart’s market cap?
Walmart’s market capitalization is about $954.1 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $119.89 (how market cap works). Walmart reported 7.96B shares outstanding at the end of its latest quarter ().
What is WMT’s P/E ratio?
WMT trades at 43.3 times its diluted earnings over the four quarters to ($2.77 per share), at the close. Over the past five years its P/E has ranged from 24.8 to 52.6, with a median of 37.0. (How the P/E ratio works.)
How much revenue does Walmart make?
Walmart reported $735.8 billion of revenue over the four quarters to , up 6.2% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $187.9 billion, up 5.9% from a year earlier.
Is Walmart profitable?
Yes. Walmart earned $22.1 billion of net income over the four quarters to , a net margin of 3.0%, and its operating margin was 4.4% (what margins tell you).
What are WMT’s earnings per share?
WMT’s diluted earnings per share were $2.77 over the four quarters to , compared with $2.67 in the twelve months before. The latest quarter (Q2 FY26) brought $0.80 per share, against $0.88 a year earlier (how EPS works).
Does WMT pay a dividend?
Yes. Walmart pays a quarterly dividend. The most recent was $0.25 per share, with an ex-dividend date of . Over the last twelve months it paid $0.98 per share, a 0.82% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($0.98 per share), and if the next 12 months match the last 12, 100 shares would receive about $98 over 12 months, and $1,000 over 12 months would take about 1,024 shares, roughly $122,767 at the close. Dividends can change.
What is WMT’s 52-week high and low?
Over the past 52 weeks WMT has traded as low as $98.88 and as high as $135.16. At $119.89 at the close on , it is 11.3% below that high and 21.2% above the low.
What is WMT’s all-time high?
WMT’s highest closing price was $134.20 on , adjusted for stock splits. At $119.89 at the close on , it is 10.7% below that record.
Has WMT stock ever split?
Yes, ten times: 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 2-for-1 on ; 3-for-1 on . One share bought before the first split would be 1,536 shares today.
How has WMT stock performed?
Including dividends and measured to the close on , WMT has returned +8.3% so far this year and +13.1% over the past year, and +158.1% over five years (+20.9% a year). Over the same periods the S&P 500, measured by SPY, returned +12.3%, +14.3% and +79.4%. Past performance doesn’t predict future returns.
What sector and industry is Walmart in?
Walmart is in the Consumer Defensive sector and the Discount Stores industry, and is headquartered in Arkansas, USA.
What exchange does WMT trade on?
Walmart trades on the Nasdaq under the ticker symbol WMT. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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