Walmart Past Earnings Performance

Past criteria checks 5/6

Walmart has been growing earnings at an average annual rate of 2.3%, while the Consumer Retailing industry saw earnings growing at 14% annually. Revenues have been growing at an average rate of 4.7% per year. Walmart's return on equity is 18%, and it has net margins of 2.4%.

Key information

2.3%

Earnings growth rate

3.9%

EPS growth rate

Consumer Retailing Industry Growth10.9%
Revenue growth rate4.7%
Return on equity18.0%
Net Margin2.4%
Next Earnings Update16 May 2024

Recent past performance updates

Walmart's (NYSE:WMT) Performance Is Even Better Than Its Earnings Suggest

Mar 22
Walmart's (NYSE:WMT) Performance Is Even Better Than Its Earnings Suggest

Recent updates

Walmart: Valuation Concerns Belie The Benefits Of The Favorable Operating Environment

Mar 26

Walmart's (NYSE:WMT) Performance Is Even Better Than Its Earnings Suggest

Mar 22
Walmart's (NYSE:WMT) Performance Is Even Better Than Its Earnings Suggest

Walmart: Market Leaders Deserve Their Premium Valuations - Maintain Buy

Mar 20

Walmart Inc. Just Recorded A 5.6% EPS Beat: Here's What Analysts Are Forecasting Next

Mar 19
Walmart Inc. Just Recorded A 5.6% EPS Beat: Here's What Analysts Are Forecasting Next

Do Walmart's (NYSE:WMT) Earnings Warrant Your Attention?

Mar 08
Do Walmart's (NYSE:WMT) Earnings Warrant Your Attention?

Walmart Earnings Preview: It's A Margin Story Now

Feb 17

Is There An Opportunity With Walmart Inc.'s (NYSE:WMT) 22% Undervaluation?

Feb 11
Is There An Opportunity With Walmart Inc.'s (NYSE:WMT) 22% Undervaluation?

Walmart: Here's Why I'm Buying After The Stock Split

Feb 01

Walmart (NYSE:WMT) Has More To Do To Multiply In Value Going Forward

Jan 28
Walmart (NYSE:WMT) Has More To Do To Multiply In Value Going Forward

These 4 Measures Indicate That Walmart (NYSE:WMT) Is Using Debt Reasonably Well

Jan 14
These 4 Measures Indicate That Walmart (NYSE:WMT) Is Using Debt Reasonably Well

Walmart May Struggle With Lofty EPS Growth Targets

Jan 11

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

Dec 31
Walmart Inc. (NYSE:WMT) Investors Are Less Pessimistic Than Expected

Investors, Take Advantage Of Walmart's Recent Pullback

Dec 09

Walmart Post Earnings: Facing Tough Comps Through Mid '24

Nov 22

Walmart: I Am Cautious Before Q3 Earnings Release

Nov 15

Walmart (NYSE:WMT) Is Paying Out A Larger Dividend Than Last Year

Nov 01
Walmart (NYSE:WMT) Is Paying Out A Larger Dividend Than Last Year

Walmart: Strategy, Stability And Innovation In A Single Package

Oct 25

Walmart: The Stock You Want To Own If We Enter A Recession

Oct 16

Walmart Stock: A Dividend King Buy Ahead Of The Holiday Season

Oct 05

Walmart (NYSE:WMT) Has Some Way To Go To Become A Multi-Bagger

Oct 04
Walmart (NYSE:WMT) Has Some Way To Go To Become A Multi-Bagger

Walmart: Price Only Partly Justified

Sep 28

Walmart (NYSE:WMT) Is Paying Out A Larger Dividend Than Last Year

Sep 21
Walmart (NYSE:WMT) Is Paying Out A Larger Dividend Than Last Year

Can Walmart Thrive As Americans Resume Student Loan Payments?

Sep 12

Revenue & Expenses Breakdown
Beta

How Walmart makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:WMT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jan 24648,12515,511130,9710
31 Oct 23638,78516,292128,9260
31 Jul 23630,79414,041126,7120
30 Apr 23622,02111,299124,4130
31 Jan 23611,28911,680123,0400
31 Oct 22600,1128,967119,7380
31 Jul 22587,82413,870118,2430
30 Apr 22576,01312,997116,5870
31 Jan 22572,75413,673117,8120
31 Oct 21571,9628,020113,6810
31 Jul 21566,14510,050112,5620
30 Apr 21562,83912,250112,6450
31 Jan 21559,15113,510116,2880
31 Oct 20548,74319,742112,5580
31 Jul 20542,02617,895111,0400
30 Apr 20534,66115,029109,3170
31 Jan 20523,96414,881107,8910
31 Oct 19521,08614,427107,5490
31 Jul 19517,98912,849107,2680
30 Apr 19515,6408,378107,1040
31 Jan 19514,4056,670107,1470
31 Oct 18511,8795,158106,8260
31 Jul 18510,1645,197106,7520
30 Apr 18505,4918,957105,9100
31 Jan 18500,3439,862106,0100
31 Oct 17495,01211,444104,1880
31 Jul 17490,01212,729103,0460
30 Apr 17487,51113,603102,3850
31 Jan 17485,87313,643101,8530
31 Oct 16484,60414,460100,8910
31 Jul 16483,83314,73099,5630
30 Apr 16483,20814,43298,4630
31 Jan 16482,13014,69497,0410
31 Oct 15484,02815,08695,2670
31 Jul 15485,62115,49394,5080
30 Apr 15485,51715,84193,7790
31 Jan 15485,65116,07893,4180
31 Oct 14483,79215,43793,3050
31 Jul 14480,47915,44992,5070
30 Apr 14477,18415,68591,7650
31 Jan 14476,29415,87891,3530
31 Oct 13474,36417,14690,0900
31 Jul 13472,47617,04289,6360
30 Apr 13469,71116,97688,8250

Quality Earnings: WMT has high quality earnings.

Growing Profit Margin: WMT's current net profit margins (2.4%) are higher than last year (1.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: WMT's earnings have grown by 2.3% per year over the past 5 years.

Accelerating Growth: WMT's earnings growth over the past year (32.8%) exceeds its 5-year average (2.3% per year).

Earnings vs Industry: WMT earnings growth over the past year (32.8%) exceeded the Consumer Retailing industry 14.4%.


Return on Equity

High ROE: WMT's Return on Equity (18%) is considered low.


Return on Assets


Return on Capital Employed


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