Walmart Inc. (WMT) stock
WMTNasdaqRetail-Variety StoresFiscal year ends January 31
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Aug 28, 2026Score 15/3071% above fair value
$126.19+0.52 (+0.41%)
Close on Nov 12, 2026Market cap $1.00TP/E 45.6Yield 0.74%
Walmart operating margin
Operating margin is operating income as a percentage of revenue.
Walmart's operating margin for the twelve months ending Jul 31, 2026 was 4.4%. For fiscal 2026 it was 4.2%, against 4.3% the year before. The highest annual figure on record is 6.1% in fiscal 2011.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Jan 31, 2026 | 4.2% | −0.1 |
| FY2025 | Jan 31, 2025 | 4.3% | +0.1 |
| FY2024 | Jan 31, 2024 | 4.2% | +0.8 |
| FY2023 | Jan 31, 2023 | 3.3% | −1.2 |
| FY2022 | Jan 31, 2022 | 4.5% | +0.5 |
| FY2021 | Jan 31, 2021 | 4.0% | +0.1 |
| FY2020 | Jan 31, 2020 | 3.9% | −0.3 |
| FY2019 | Jan 31, 2019 | 4.3% | +0.2 |
| FY2018 | Jan 31, 2018 | 4.1% | −0.6 |
| FY2017 | Jan 31, 2017 | 4.7% | −0.3 |
| FY2016 | Jan 31, 2016 | 5.0% | −0.6 |
| FY2015 | Jan 31, 2015 | 5.6% | −0.1 |
| FY2014 | Jan 31, 2014 | 5.6% | −0.3 |
| FY2013 | Jan 31, 2013 | 5.9% | −0.0 |
| FY2012 | Jan 31, 2012 | 5.9% | −0.1 |
| FY2011 | Jan 31, 2011 | 6.1% | +0.2 |
| FY2010 | Jan 31, 2010 | 5.9% | +0.2 |
| FY2009 | Jan 31, 2009 | 5.6% | −0.2 |
| FY2008 | Jan 31, 2008 | 5.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ2 2026 | Jul 31, 2026 | 5.0% | +0.9 |
| Q1 FY2027CQ1 2026 | Apr 30, 2026 | 4.2% | −0.1 |
| Q4 FY2026CQ4 2025 | Jan 31, 2026 | 4.6% | +0.2 |
| Q3 FY2026CQ3 2025 | Oct 31, 2025 | 3.7% | −0.2 |
| Q2 FY2026CQ2 2025 | Jul 31, 2025 | 4.1% | −0.6 |
| Q1 FY2026CQ1 2025 | Apr 30, 2025 | 4.3% | +0.1 |
| Q4 FY2025CQ4 2024 | Jan 31, 2025 | 4.4% | +0.2 |
| Q3 FY2025CQ3 2024 | Oct 31, 2024 | 4.0% | +0.1 |
| Q2 FY2025CQ2 2024 | Jul 31, 2024 | 4.7% | +0.2 |
| Q1 FY2025CQ1 2024 | Apr 30, 2024 | 4.2% | +0.1 |
| Q4 FY2024CQ4 2023 | Jan 31, 2024 | 4.2% | +0.8 |
| Q3 FY2024CQ3 2023 | Oct 31, 2023 | 3.9% | +2.1 |
| Q2 FY2024CQ2 2023 | Jul 31, 2023 | 4.5% | +0.0 |
| Q1 FY2024CQ1 2023 | Apr 30, 2023 | 4.1% | +0.3 |
| Q4 FY2023CQ4 2022 | Jan 31, 2023 | 3.4% | −0.5 |
| Q3 FY2023CQ3 2022 | Oct 31, 2022 | 1.8% | −2.4 |
| Q2 FY2023CQ2 2022 | Jul 31, 2022 | 4.5% | −0.7 |
| Q1 FY2023CQ1 2022 | Apr 30, 2022 | 3.8% | −1.2 |
| Q4 FY2022CQ4 2021 | Jan 31, 2022 | 3.9% | +0.2 |
| Q3 FY2022CQ3 2021 | Oct 31, 2021 | 4.1% | −0.2 |
| Q2 FY2022CQ2 2021 | Jul 31, 2021 | 5.2% | +0.8 |
| Q1 FY2022CQ1 2021 | Apr 30, 2021 | 5.0% | +1.1 |
| Q4 FY2021CQ4 2020 | Jan 31, 2021 | 3.6% | −0.1 |
| Q3 FY2021CQ3 2020 | Oct 31, 2020 | 4.3% | +0.6 |
| Q2 FY2021CQ2 2020 | Jul 31, 2020 | 4.4% | +0.1 |
| Q1 FY2021CQ1 2020 | Apr 30, 2020 | 3.9% | −0.1 |
| Q4 FY2020CQ4 2019 | Jan 31, 2020 | 3.8% | −0.6 |
| Q3 FY2020CQ3 2019 | Oct 31, 2019 | 3.7% | −0.3 |
| Q2 FY2020CQ2 2019 | Jul 31, 2019 | 4.3% | −0.2 |
| Q1 FY2020CQ1 2019 | Apr 30, 2019 | 4.0% | −0.2 |
| Q4 FY2019CQ4 2018 | Jan 31, 2019 | 4.4% | +1.1 |
| Q3 FY2019CQ3 2018 | Oct 31, 2018 | 4.0% | +0.1 |
| Q2 FY2019CQ2 2018 | Jul 31, 2018 | 4.5% | −0.3 |
| Q1 FY2019CQ1 2018 | Apr 30, 2018 | 4.2% | −0.3 |
| Q4 FY2018CQ4 2017 | Jan 31, 2018 | 3.3% | −1.5 |
| Q3 FY2018CQ3 2017 | Oct 31, 2017 | 3.9% | −0.5 |
| Q2 FY2018CQ2 2017 | Jul 31, 2017 | 4.8% | – |
| Q1 FY2018CQ1 2017 | Apr 30, 2017 | 4.5% | – |
| Q4 FY2017CQ4 2016 | Jan 31, 2017 | 4.7% | – |
| Q3 FY2017CQ3 2016 | Oct 31, 2016 | 4.3% | – |
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