Walmart (WMT) Asset Utilization Ratio (2009 - 2026)
Walmart's (WMT) Asset Utilization Ratio was 2.52 for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 3.0% from 2.60 a year earlier and down 0.2% from the prior quarter.
Walmart (WMT) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Asset Utilization Ratio at Walmart was 2.61, down 1.5% from FY2025.
- By fiscal year, Asset Utilization Ratio came in at 2.65 in FY2025 (+1.5%), 2.62 in FY2024 (+4.4%), 2.50 in FY2023 (+8.8%) and 2.30 in FY2022 (+0.7%).
- Five-year quarterly Asset Utilization Ratio spans a low of 2.34 in fiscal Q4 2022 and a high of 2.62 in fiscal Q1 2026.
- Year over year, Asset Utilization Ratio has now declined in each of the last five quarters, with an average decline of 0.8% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q1 2024 (growth of 8.6%); the low point was fiscal Q4 2026 (a decline of 4.2%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 2.53 (Q1 2027), 2.49 (Q4 2026) and 2.51 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.47 Bn | 787.18 Bn | 49.13 Bn | 2.52 |
| 2 | Costco Wholesale | 403.75 Bn | 333.05 Bn | 9.01 Bn | 3.45 |
| 3 | Sysco | 37.36 Bn | 31.61 Bn | 4.13 Bn | 3.00 |
| 4 | Kroger | 34.63 Bn | 20.79 Bn | 7.86 Bn | 2.76 |
| 5 | Dollar General | 26.38 Bn | 21.06 Bn | 3.68 Bn | 1.37 |
| 6 | Caseys General Stores | 22.49 Bn | 20.48 Bn | 1.24 Bn | 2.07 |
| 7 | Dollar Tree | 21.40 Bn | 18.02 Bn | 2.10 Bn | 1.44 |
| 8 | US Foods Holding | 19.94 Bn | 19.74 Bn | 1.92 Bn | 2.82 |
| 9 | Tractor Supply | 16.33 Bn | 15.49 Bn | 1.68 Bn | 1.32 |
| 10 | Performance Food | 14.29 Bn | 14.07 Bn | 2.17 Bn | 3.64 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.52 |
| Apr 30, 2026 | 2.53 |
| Jan 31, 2026 | 2.49 |
| Oct 31, 2025 | 2.51 |
| Jul 31, 2025 | 2.60 |
| Apr 30, 2025 | 2.62 |
| Jan 31, 2025 | 2.60 |
| Oct 31, 2024 | 2.60 |
| Jul 31, 2024 | 2.62 |
| Apr 30, 2024 | 2.60 |
| Jan 31, 2024 | 2.53 |
| Oct 31, 2023 | 2.48 |
| Jul 31, 2023 | 2.52 |
| Apr 30, 2023 | 2.55 |
| Jan 31, 2023 | 2.49 |
| Oct 31, 2022 | 2.43 |
| Jul 31, 2022 | 2.38 |
| Apr 30, 2022 | 2.35 |
| Jan 31, 2022 | 2.34 |
| Oct 31, 2021 | 2.37 |
Walmart Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=WMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "WMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=WMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();