Walmart Inc. (WMT) operating KPIs
WMTNasdaqRetail-Variety StoresFiscal year ends January 31
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Aug 28, 2026Score 15/3070% above fair value
$123.51+2.26 (+1.86%)
Close on Oct 30, 2026Market cap $979.90BP/E 44.6Yield 0.76%
Walmart operating margin excluding fuel (%)
Quarterly figures from Walmart's filings and investor materials
Latest, Q2 FY27
2.2%
Period ended Jul 31, 2026
Change on a year earlier
+0.7 pts
1.5% in Q2 FY26
History
50 quarters
Since Q1 FY14
Sources
1
Documents cited below
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Operating margin excluding fuel (%) | Year on year | Source |
|---|---|---|---|---|
| Q2 FY27 | Jul 31, 2026 | 2.2% | +0.7 pts | Calculated |
| Q1 FY27 | Apr 30, 2026 | 2.5% | -0.2 pts | Calculated |
| Q4 FY26 | Jan 31, 2026 | 2.2% | +0.1 pts | Calculated |
| Q3 FY26 | Oct 31, 2025 | 2.3% | +0.2 pts | Calculated |
| Q2 FY26 | Jul 31, 2025 | 1.5% | -0.5 pts | Calculated |
| Q1 FY26 | Apr 30, 2025 | 2.7% | -0.1 pts | Calculated |
| Q4 FY25 | Jan 31, 2025 | 2.1% | -0.5 pts | Calculated |
| Q3 FY25 | Oct 31, 2024 | 2.2% | -0.0 pts | Calculated |
| Q2 FY25 | Jul 31, 2024 | 2.0% | -0.1 pts | Calculated |
| Q1 FY25 | Apr 30, 2024 | 2.8% | +0.8 pts | Calculated |
| Q4 FY24 | Jan 31, 2024 | 2.6% | +0.5 pts | Calculated |
| Q3 FY24 | Oct 31, 2023 | 2.2% | +0.0 pts | Calculated |
| Q2 FY24 | Jul 31, 2023 | 2.1% | +0.8 pts | Calculated |
| Q1 FY24 | Apr 30, 2023 | 2.0% | -0.0 pts | Calculated |
| Q4 FY23 | Jan 31, 2023 | 2.1% | -0.6 pts | Calculated |
| Q3 FY23 | Oct 31, 2022 | 2.2% | -0.0 pts | Calculated |
| Q2 FY23 | Jul 31, 2022 | 1.2% | -2.3 pts | Calculated |
| Q1 FY23 | Apr 30, 2022 | 2.0% | -1.5 pts | Calculated |
| Q4 FY22 | Jan 31, 2022 | 2.7% | +0.3 pts | Calculated |
| Q3 FY22 | Oct 31, 2021 | 2.2% | -0.2 pts | Calculated |
| Q2 FY22 | Jul 31, 2021 | 3.5% | +0.0 pts | Calculated |
| Q1 FY22 | Apr 30, 2021 | 3.6% | +0.7 pts | Calculated |
| Q4 FY21 | Jan 31, 2021 | 2.4% | -0.1 pts | Calculated |
| Q3 FY21 | Oct 31, 2020 | 2.5% | +0.4 pts | Calculated |
| Q2 FY21 | Jul 31, 2020 | 3.5% | +0.3 pts | Calculated |
| Q1 FY21 | Apr 30, 2020 | 2.8% | -0.7 pts | Calculated |
| Q4 FY20 | Jan 31, 2020 | 2.5% | -0.1 pts | Calculated |
| Q3 FY20 | Oct 31, 2019 | 2.1% | -0.5 pts | Calculated |
| Q2 FY20 | Jul 31, 2019 | 3.2% | +0.4 pts | Calculated |
| Q1 FY20 | Apr 30, 2019 | 3.6% | +1.0 pts | Calculated |
| Q4 FY19 | Jan 31, 2019 | 2.6% | +4.9 pts | Calculated |
| Q3 FY19 | Oct 31, 2018 | 2.7% | -0.2 pts | Calculated |
| Q2 FY19 | Jul 31, 2018 | 2.8% | +0.2 pts | Calculated |
| Q1 FY19 | Apr 30, 2018 | 2.5% | -0.5 pts | Calculated |
| Q4 FY18 | Jan 31, 2018 | -2.3% | -4.7 pts | Calculated |
| Q3 FY18 | Oct 31, 2017 | 2.8% | -0.1 pts | Calculated |
| Q2 FY18 | Jul 31, 2017 | 2.6% | -0.8 pts | Calculated |
| Q1 FY18 | Apr 30, 2017 | 3.0% | -0.2 pts | Calculated |
| Q4 FY17 | Jan 31, 2017 | 2.4% | -0.5 pts | Calculated |
| Q3 FY17 | Oct 31, 2016 | 2.9% | -0.9 pts | Calculated |
| Q2 FY17 | Jul 31, 2016 | 3.4% | +0.2 pts | Calculated |
| Q1 FY17 | Apr 30, 2016 | 3.2% | -0.3 pts | Calculated |
| Q4 FY16 | Jan 31, 2016 | 2.9% | – | Calculated |
| Q3 FY16 | Oct 31, 2015 | 3.8% | +0.2 pts | Calculated |
| Q2 FY16 | Jul 31, 2015 | 3.1% | -0.4 pts | Calculated |
| Q1 FY16 | Apr 30, 2015 | 3.5% | -0.4 pts | Calculated |
| Q3 FY15 | Oct 31, 2014 | 3.6% | – | Calculated |
| Q2 FY15 | Jul 31, 2014 | 3.6% | – | Calculated |
| Q1 FY15 | Apr 30, 2014 | 3.9% | -0.1 pts | Calculated |
| Q1 FY14 | Apr 30, 2013 | 4.0% | – | Calculated |
Cite this data
StockData. (2026). Walmart Operating margin excluding fuel (%), quarterly Q1 FY14–Q2 FY27 [Data set]. Compiled from Walmart SEC filings and investor materials. https://stockdatahq.com/stocks/wmt/kpis/sams-op-margin-ex-fuel
See every metric in the Walmart KPI table. Data updated Oct 22, 2026.