Walmart Inc.

NasdaqGS:WMT Stock Report

Market Cap: US$948.9b

Walmart Future Growth

Future criteria checks 2/6

Walmart is forecast to grow earnings and revenue by 7.9% and 4.3% per annum respectively. EPS is expected to grow by 8.7% per annum. Return on equity is forecast to be 22.8% in 3 years.

Key information

7.9%

Earnings growth rate

8.66%

EPS growth rate

Consumer Retailing earnings growth8.8%
Revenue growth rate4.3%
Future return on equity22.81%
Analyst coverage

Good

Last updated16 Mar 2026

Recent future growth updates

Recent updates

Sell Walmart Before It Loses Its $1 Trillion Valuation

Feb 20

The Omnichannel Hegemon: AI, Advertising, and the Nasdaq Era

The February 19th Reckoning Walmart reports its fourth-quarter and full-year results on Thursday, February 19, 2026 , before the opening bell. The stock is currently trading at $133.94 , pushing into "overbought" territory with a trailing P/E of ~46.

Walmart (NYSE:WMT) Is Due To Pay A Dividend Of $0.235

Nov 22
Walmart (NYSE:WMT) Is Due To Pay A Dividend Of $0.235

Walmart's (NYSE:WMT) Dividend Will Be $0.235

Oct 31
Walmart's (NYSE:WMT) Dividend Will Be $0.235

Walmart (NYSE:WMT) Is Due To Pay A Dividend Of $0.235

Aug 13
Walmart (NYSE:WMT) Is Due To Pay A Dividend Of $0.235

Walmart Inc. (NYSE:WMT) Investors Are Less Pessimistic Than Expected

Jul 29
Walmart Inc. (NYSE:WMT) Investors Are Less Pessimistic Than Expected

Walmart (NYSE:WMT) Is Due To Pay A Dividend Of $0.235

Jul 01
Walmart (NYSE:WMT) Is Due To Pay A Dividend Of $0.235

Shareholders Will Probably Hold Off On Increasing Walmart Inc.'s (NYSE:WMT) CEO Compensation For The Time Being

May 29
Shareholders Will Probably Hold Off On Increasing Walmart Inc.'s (NYSE:WMT) CEO Compensation For The Time Being

Walmart: Are Shares A Buy Before Q1 Results?

Apr 24

Here's Why Walmart (NYSE:WMT) Has Caught The Eye Of Investors

Apr 08
Here's Why Walmart (NYSE:WMT) Has Caught The Eye Of Investors

Walmart: Reality Check After The Disappointing Guidance (Rating Downgrade)

Mar 23

Walmart Earnings Preview: 'Alternative Revenue Streams' And E-Commerce Will Eventually Boost Margins

Feb 17

Walmart: A Great Business Isn't Always A Great Investment

Feb 03

Walmart: Only One Question, Can It Justify A 40x Multiple?

Jan 01

Walmart: Time To Reassess Your Investment Strategy

Dec 11

Earnings and Revenue Growth Forecasts

NasdaqGS:WMT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
1/31/2029817,40928,44421,00945,1886
1/31/2028775,13525,67519,50544,59717
1/31/2027740,98823,06914,42440,35819
1/31/2026713,16321,89314,92341,565N/A
10/31/2025703,06122,91015,26340,977N/A
7/31/2025693,15321,34413,75338,438N/A
4/30/2025685,08618,81913,51237,605N/A
1/31/2025680,98519,43612,66036,443N/A
10/31/2024673,81919,67617,00239,630N/A
7/31/2024665,03515,55211,98533,882N/A
4/30/2024657,33218,94214,48935,342N/A
1/31/2024648,12515,51115,12035,726N/A
10/31/2023638,78516,29212,68732,157N/A
7/31/2023630,79414,04119,22137,802N/A
4/30/2023622,02111,29919,48537,232N/A
1/31/2023611,28911,68011,98428,841N/A
10/31/2022600,1128,9677,00923,588N/A
7/31/2022587,82413,8705,41920,998N/A
4/30/2022576,01312,9973,13417,565N/A
1/31/2022572,75413,67311,07524,181N/A
10/31/2021571,9628,02017,07129,485N/A
7/31/2021566,14510,05017,82729,541N/A
4/30/2021562,83912,25021,18931,915N/A
1/31/2021559,15113,51025,81036,074N/A
10/31/2020548,74319,74224,21833,596N/A
7/31/2020542,02617,89523,62333,026N/A
4/30/2020534,66115,02918,45728,709N/A
1/31/2020523,96414,88114,55025,255N/A
10/31/2019521,08614,427N/A24,984N/A
7/31/2019517,98912,849N/A27,843N/A
4/30/2019515,6408,378N/A26,155N/A
1/31/2019514,4056,670N/A27,753N/A
10/31/2018511,8795,158N/A28,585N/A
7/31/2018510,1645,197N/A28,072N/A
4/30/2018505,4918,957N/A28,113N/A
1/31/2018500,3439,862N/A28,337N/A
10/31/2017495,01211,444N/A28,952N/A
7/31/2017490,01212,729N/A28,102N/A
4/30/2017487,51113,603N/A30,865N/A
1/31/2017485,87313,643N/A31,673N/A
10/31/2016484,60414,460N/A32,165N/A
7/31/2016483,83314,730N/A32,218N/A
4/30/2016483,20814,432N/A29,136N/A
1/31/2016482,13014,694N/A27,552N/A
10/31/2015484,02815,086N/A28,099N/A
7/31/2015485,62115,493N/A26,766N/A
4/30/2015485,51715,841N/A27,071N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WMT's forecast earnings growth (7.9% per year) is above the savings rate (3.4%).

Earnings vs Market: WMT's earnings (7.9% per year) are forecast to grow slower than the US market (15.6% per year).

High Growth Earnings: WMT's earnings are forecast to grow, but not significantly.

Revenue vs Market: WMT's revenue (4.3% per year) is forecast to grow slower than the US market (10.4% per year).

High Growth Revenue: WMT's revenue (4.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WMT's Return on Equity is forecast to be high in 3 years time (22.8%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/21 03:02
End of Day Share Price 2026/03/20 00:00
Earnings2026/01/31
Annual Earnings2026/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Walmart Inc. is covered by 70 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Will ChienAccountability Research Corporation
Christopher GrajaArgus Research Company
Peter BenedictBaird