Walmart Inc. logo WMT - Walmart Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 47
HOLD 13
SELL 4
STRONG
SELL
0
| PRICE TARGET: $126.05 DETAILS
HIGH: $135.00
LOW: $119.00
MEDIAN: $125.00
CONSENSUS: $126.05
UPSIDE: 5.30%
Metric 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2
Revenue
Revenue 179,496.0 177,402.0 165,609.0 180,554.0 169,588.0 169,335.0 161,508.0 173,388.0 160,804.0 161,632.0
Cost of Revenue 134,706.0 132,771.0 124,303.0 136,172.0 127,340.0 126,810.0 121,431.0 131,825.0 121,183.0 121,850.0
Gross Profit 44,790.0 44,631.0 41,306.0 44,382.0 42,248.0 42,525.0 40,077.0 41,563.0 39,621.0 39,782.0
Operating Expenses
R&D Expenses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
SG&A Expenses 38,094.0 37,345.0 34,171.0 36,523.0 35,540.0 34,585.0 33,236.0 34,309.0 33,419.0 32,466.0
Other Expenses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Operating Expenses 38,094.0 37,345.0 34,171.0 36,523.0 35,540.0 34,585.0 33,236.0 34,309.0 33,419.0 32,466.0
Operating Income
Operating Income 6,696.0 7,286.0 7,135.0 7,859.0 6,708.0 7,940.0 6,841.0 7,254.0 6,202.0 7,316.0
Interest Expense 538.4 769.0 637.0 717.0 618.0 679.0 714.0 695.0 682.0 642.0
Interest Income 93.0 94.0 93.0 115.0 140.0 114.0 114.0 146.0 145.0 148.0
Profitability
EBITDA 10,302.0 13,575.0 10,000.0 11,054.0 9,976.0 10,103.0 10,877.0 11,330.0 4,583.0 14,274.0
EBIT 6,696.0 10,088.0 6,631.0 7,680.0 6,716.0 6,892.0 7,749.0 8,213.0 1,597.0 11,369.0
Income Before Tax 8,186.0 9,319.0 5,994.0 6,963.0 6,098.0 6,213.0 7,035.0 7,518.0 915.0 10,727.0
Income Tax Expense 2,098.0 2,168.0 1,355.0 1,538.0 1,384.0 1,502.0 1,728.0 1,840.0 272.0 2,674.0
Net Income 6,143.0 7,026.0 4,487.0 5,254.0 4,577.0 4,501.0 5,104.0 5,494.0 453.0 7,891.0
Per Share Data
EPS (Basic) 0.77 0.88 0.56 0.65 0.57 0.56 0.63 0.68 0.06 0.98
EPS (Diluted) 0.77 0.88 0.56 0.65 0.57 0.56 0.63 0.68 0.06 0.97
Shares Outstanding 7,974.0 7,978.0 8,011.0 8,029.0 8,038.0 8,044.0 8,053.0 8,070.0 8,079.0 8,079.0
Metric 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2
Current Assets
Cash & Cash Equivalents 10,582.0 9,431.0 9,311.0 9,037.0 10,049.0 8,811.0 9,405.0 9,867.0 12,154.0 13,888.0
Short-Term Investments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net Receivables 12,115.0 10,518.0 9,686.0 9,975.0 10,039.0 8,650.0 9,075.0 8,796.0 8,625.0 7,891.0
Inventory 65,354.0 57,729.0 57,467.0 56,435.0 63,302.0 55,611.0 55,382.0 54,892.0 63,951.0 56,722.0
Other Current Assets 4,869.0 4,355.0 3,789.0 4,011.0 3,548.0 3,438.0 3,290.0 3,322.0 3,661.0 3,531.0
Total Current Assets 92,920.0 82,033.0 80,253.0 79,458.0 86,938.0 76,510.0 77,152.0 76,877.0 88,391.0 82,032.0
Non-Current Assets
Property, Plant & Equipment 150,840.0 145,557.0 140,884.0 139,704.0 136,526.0 133,738.0 131,345.0 130,338.0 126,824.0 123,995.0
Goodwill 28,722.0 29,060.0 28,866.0 28,792.0 27,942.0 27,930.0 27,999.0 28,113.0 28,015.0 28,268.0
Intangible Assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Long-Term Investments 0.0 4,563.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Non-Current Assets 16,173.0 9,624.0 12,369.0 12,869.0 11,993.0 16,262.0 17,558.0 17,071.0 15,944.0 20,826.0
Total Non-Current Assets 195,735.0 188,804.0 182,119.0 181,365.0 176,461.0 177,930.0 176,902.0 175,522.0 170,783.0 173,089.0
Total Assets 288,655.0 270,837.0 262,372.0 260,823.0 263,399.0 254,440.0 254,054.0 252,399.0 259,174.0 255,121.0
Current Liabilities
Account Payables 67,156.0 60,086.0 57,700.0 58,666.0 62,863.0 56,716.0 56,071.0 56,812.0 61,049.0 56,576.0
Short-Term Debt 8,401.0 7,848.0 9,680.0 5,666.0 6,825.0 4,690.0 7,322.0 4,325.0 12,748.0 7,443.0
Deferred Revenue 0.0 0.0 0.0 2,755.0 0.0 0.0 0.0 2,664.0 0.0 0.0
Other Current Liabilities 4,312.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Total Current Liabilities 115,732.0 103,566.0 102,920.0 96,584.0 102,558.0 95,260.0 96,100.0 92,415.0 104,230.0 99,220.0
Non-Current Liabilities
Long-Term Debt 34,445.0 35,640.0 36,520.0 33,401.0 33,645.0 35,364.0 35,928.0 36,132.0 36,342.0 36,806.0
Deferred Tax Liabilities 16,345.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Non-Current Liabilities 6,418.0 15,656.0 13,609.0 14,398.0 13,748.0 14,072.0 14,849.0 14,629.0 14,304.0 15,109.0
Total Non-Current Liabilities 76,829.0 70,414.0 68,804.0 66,547.0 66,376.0 68,408.0 69,664.0 69,413.0 69,133.0 70,342.0
Total Liabilities 192,561.0 173,980.0 171,724.0 163,131.0 168,934.0 163,668.0 165,764.0 161,828.0 173,363.0 169,562.0
Stockholders' Equity
Common Stock 797.0 797.0 799.0 802.0 803.0 803.0 805.0 805.0 269.0 269.0
Retained Earnings 101,558.0 96,328.0 90,849.0 98,313.0 94,435.0 90,788.0 87,230.0 89,814.0 85,831.0 85,470.0
Accumulated Other Comprehensive Income (13,124.0) (12,733.0) (13,296.0) (13,605.0) (12,525.0) (12,178.0) (11,367.0) (11,302.0) (11,573.0) (10,818.0)
Total Stockholders' Equity 96,094.0 90,110.0 83,793.0 91,013.0 88,108.0 84,423.0 81,293.0 83,861.0 79,456.0 79,556.0
Total Liabilities & Equity 288,655.0 270,837.0 262,372.0 260,823.0 263,399.0 254,440.0 254,054.0 252,399.0 259,174.0 255,121.0
Debt Metrics
Total Debt 64,901.0 65,014.0 67,205.0 60,114.0 61,749.0 61,305.0 64,463.0 61,321.0 69,739.0 64,801.0
Net Debt 54,319.0 55,583.0 57,894.0 51,077.0 51,700.0 52,494.0 55,058.0 51,454.0 57,585.0 50,913.0
Metric 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2
Operating Activities
Net Income 6,088.0 7,151.0 4,639.0 5,425.0 4,714.0 4,711.0 5,307.0 5,678.0 643.0 8,053.0
Depreciation & Amortization 3,606.0 3,487.0 3,369.0 3,374.0 3,260.0 3,211.0 3,128.0 3,117.0 2,986.0 2,905.0
Stock-Based Compensation 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Change in Working Capital 205.0 2,424.0 (3,573.0) 3,688.0 (2,366.0) 3,015.0 (4,156.0) 7,028.0 (7,075.0) 4,684.0
Other Non-Cash Items (1,558.0) (1,748.0) 1,052.0 1,428.0 954.0 1,517.0 (132.0) 395.0 5,364.0 (3,235.0)
Operating Cash Flow 9,100.0 12,941.0 5,411.0 13,525.0 6,561.0 12,108.0 4,249.0 16,712.0 813.0 13,568.0
Investing Activities
Capital Expenditure 9,972.0 (6,423.0) (4,986.0) (7,087.0) (6,189.0) (5,831.0) (4,676.0) (5,932.0) (5,458.0) (4,787.0)
Acquisitions (775.0) 750.0 25.0 (1,899.0) 0.0 3.0 0.0 87.0 30.0 78.0
Purchases of Investments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Sales/Maturities of Investments 799.0 0.0 0.0 267.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Investing Activities (19,264.0) (433.0) (107.0) 1.0 3,656.0 109.0 267.0 (68.0) (37.0) (340.0)
Investing Cash Flow (7,831.0) (6,106.0) (5,093.0) (8,718.0) (2,533.0) (5,719.0) (4,409.0) (5,913.0) (5,465.0) (5,049.0)
Financing Activities
Net Debt Issuance 2,804.0 (2,637.0) 6,504.0 (1,119.0) 365.0 (3,513.0) 3,011.0 (9,075.0) 5,252.0 559.0
Stock Repurchased 6,200.0 (1,645.0) (4,555.0) (1,445.0) (977.0) (1,013.0) (1,059.0) (1,497.0) (111.0) (485.0)
Dividends Paid (1,875.0) (1,875.0) (1,880.0) (1,684.0) (1,668.0) (1,665.0) (1,671.0) (1,534.0) (1,534.0) (1,534.0)
Other Financing Activities (7,148.0) (844.0) (61.0) (901.0) (448.0) (433.0) (602.0) (1,129.0) (477.0) (3,789.0)
Financing Cash Flow (19.0) (7,001.0) 8.0 (5,149.0) (2,728.0) (6,624.0) (321.0) (13,235.0) 3,130.0 (5,249.0)
Cash Position
Net Change in Cash 1,220.0 (55.0) 396.0 (632.0) 1,289.0 (581.0) (475.0) (2,360.0) (1,676.0) 3,263.0
Cash at Beginning 9,877.0 9,932.0 9,536.0 10,168.0 8,879.0 9,460.0 9,935.0 12,295.0 13,971.0 10,708.0
Cash at End 11,097.0 9,877.0 9,932.0 9,536.0 10,168.0 8,879.0 9,460.0 9,935.0 12,295.0 13,971.0
Free Cash Flow 19,072.0 6,518.0 425.0 6,438.0 372.0 6,277.0 (427.0) 10,780.0 (4,645.0) 8,781.0
Key Metrics 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2
Income Statement
Revenue 179,496.0 177,402.0 165,609.0 180,554.0 169,588.0 169,335.0 161,508.0 173,388.0 160,804.0 161,632.0
Gross Profit 44,790.0 44,631.0 41,306.0 44,382.0 42,248.0 42,525.0 40,077.0 41,563.0 39,621.0 39,782.0
Operating Income 6,696.0 7,286.0 7,135.0 7,859.0 6,708.0 7,940.0 6,841.0 7,254.0 6,202.0 7,316.0
Net Income 6,143.0 7,026.0 4,487.0 5,254.0 4,577.0 4,501.0 5,104.0 5,494.0 453.0 7,891.0
EPS (Diluted) 0.77 0.88 0.56 0.65 0.57 0.56 0.63 0.68 0.06 0.97
Balance Sheet
Cash & Equivalents 10,582.0 9,431.0 9,311.0 9,037.0 10,049.0 8,811.0 9,405.0 9,867.0 12,154.0 13,888.0
Total Assets 288,655.0 270,837.0 262,372.0 260,823.0 263,399.0 254,440.0 254,054.0 252,399.0 259,174.0 255,121.0
Total Debt 64,901.0 65,014.0 67,205.0 60,114.0 61,749.0 61,305.0 64,463.0 61,321.0 69,739.0 64,801.0
Stockholders' Equity 96,094.0 90,110.0 83,793.0 91,013.0 88,108.0 84,423.0 81,293.0 83,861.0 79,456.0 79,556.0
Cash Flow
Operating Cash Flow 9,100.0 12,941.0 5,411.0 13,525.0 6,561.0 12,108.0 4,249.0 16,712.0 813.0 13,568.0
Capital Expenditure 9,972.0 (6,423.0) (4,986.0) (7,087.0) (6,189.0) (5,831.0) (4,676.0) (5,932.0) (5,458.0) (4,787.0)
Free Cash Flow 19,072.0 6,518.0 425.0 6,438.0 372.0 6,277.0 (427.0) 10,780.0 (4,645.0) 8,781.0