Growth Metrics

Walmart (WMT) EBT Margin (2016 - 2026)

Walmart's EBT Margin history spans 17 years, with the latest figure at 4.56% for Q4 2025.

  • For Q4 2025, EBT Margin rose 86.0% year-over-year to 4.56%; the TTM value through Oct 2025 reached 4.34%, up 30.0%, while the annual FY2025 figure was 3.9%, 50.0% up from the prior year.
  • EBT Margin for Q4 2025 was 4.56% at Walmart, down from 5.25% in the prior quarter.
  • Across five years, EBT Margin topped out at 6.64% in Q3 2023 and bottomed at 0.94% in Q4 2022.
  • The 5-year median for EBT Margin is 3.67% (2024), against an average of 3.3%.
  • The largest annual shift saw EBT Margin tumbled -443bps in 2021 before it soared 355bps in 2022.
  • A 5-year view of EBT Margin shows it stood at 2.98% in 2021, then crashed by -131bps to 0.94% in 2022, then surged by 161bps to 0.57% in 2023, then surged by 550bps to 3.7% in 2024, then rose by 23bps to 4.56% in 2025.
  • Per Business Quant, the three most recent readings for WMT's EBT Margin are 4.56% (Q4 2025), 5.25% (Q3 2025), and 3.62% (Q2 2025).