Walmart (WMT) Dividend Coverage Ratio (2019 - 2026)
Walmart's (WMT) Dividend Coverage Ratio stood at 3.23 in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 13.9% from 3.75 a year earlier but up 19.4% from the prior quarter.
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Analysis
Walmart (WMT) Dividend Coverage Ratio (2019 - 2026) Analysis & Trends
On a TTM basis, Walmart's Dividend Coverage Ratio came in at 2.87 as of Jul 31, 2026, down 4.5% year-over-year; for FY2026 (ended Jan 31, 2026), it was 2.92, up 0.4% from FY2025.
- Annual Dividend Coverage Ratio has increased for three straight fiscal years.
- Across earlier fiscal years, Dividend Coverage Ratio came in at 2.91 in FY2025 (+15.0%), 2.53 in FY2024 (+32.2%), 1.91 in FY2023 (-14.0%) and 2.22 in FY2022 (+0.6%).
- Quarterly Dividend Coverage Ratio has ranged from -1.18 in fiscal Q3 2023 to 5.14 in fiscal Q2 2024 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio rose in four of the last eight quarters, with growth averaging 103.0%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 829.2% in fiscal Q3 2025, against a decline of 47.4% in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 2.70 (Q1 2027), 2.26 (Q4 2026) and 3.28 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.64 Bn | 825.34 Bn | 49.13 Bn | 3.23 |
| 2 | Costco Wholesale | 409.33 Bn | 338.62 Bn | 9.01 Bn | - |
| 3 | Sysco | 37.65 Bn | 31.90 Bn | 4.13 Bn | 2.13 |
| 4 | Kroger | 35.26 Bn | 21.42 Bn | 7.86 Bn | - |
| 5 | Dollar General | 27.43 Bn | 22.11 Bn | 3.68 Bn | 4.23 |
| 6 | Caseys General Stores | 22.41 Bn | 20.40 Bn | 1.24 Bn | - |
| 7 | Dollar Tree | 21.77 Bn | 18.40 Bn | 2.10 Bn | - |
| 8 | US Foods Holding | 20.27 Bn | 20.06 Bn | 1.92 Bn | - |
| 9 | Tractor Supply | 16.74 Bn | 15.90 Bn | 1.68 Bn | - |
| 10 | Performance Food | 14.36 Bn | 14.14 Bn | 2.17 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.23 |
| Apr 30, 2026 | 2.70 |
| Jan 31, 2026 | 2.26 |
| Oct 31, 2025 | 3.28 |
| Jul 31, 2025 | 3.75 |
| Apr 30, 2025 | 2.39 |
| Jan 31, 2025 | 3.12 |
| Oct 31, 2024 | 2.74 |
| Jul 31, 2024 | 2.70 |
| Apr 30, 2024 | 3.05 |
| Jan 31, 2024 | 3.58 |
| Oct 31, 2023 | 0.30 |
| Jul 31, 2023 | 5.14 |
| Apr 30, 2023 | 1.09 |
| Jan 31, 2023 | 4.14 |
| Oct 31, 2022 | -1.18 |
| Jul 31, 2022 | 3.35 |
| Apr 30, 2022 | 1.33 |
| Jan 31, 2022 | 2.34 |
| Oct 31, 2021 | 2.02 |
API Access
Walmart Dividend Coverage 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=dividend-coverage-ratio&ticker=WMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=WMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();