Walmart (WMT) EBT Margin (2009 - 2026)
Walmart (WMT) recorded EBT Margin of 4.26% in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 0.99 percentage points from 5.25% a year earlier but up 0.24 percentage points from the prior quarter.
Walmart (WMT) EBT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Walmart's EBT Margin came in at 3.98% as of Jul 31, 2026, down 0.11 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 4.13%, up 0.27 percentage points from FY2025.
- Annual EBT Margin has increased for three straight fiscal years, with a five-year change of +0.45 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, EBT Margin came in at 3.86% in FY2025 (+0.49 pp), 3.37% in FY2024 (+0.59 pp), 2.78% in FY2023 (-0.48 pp) and 3.26% in FY2022 (-0.41 pp).
- Quarterly EBT Margin has ranged from -0.94% in fiscal Q3 2023 to 6.64% in fiscal Q2 2024 over the past five years.
- On a year-over-year basis, EBT Margin rose in four of the last eight quarters, with an average year-over-year change of +0.38 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 3.52 percentage points in fiscal Q4 2022, against a drop of 3.89 percentage points in fiscal Q3 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.02% (Q1 2027), 3.13% (Q4 2026) and 4.56% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.64 Bn | 825.34 Bn | 49.13 Bn | 4.26% |
| 2 | Costco Wholesale | 409.33 Bn | 338.62 Bn | 9.01 Bn | 4.17% |
| 3 | Sysco | 37.65 Bn | 31.90 Bn | 4.13 Bn | 3.25% |
| 4 | Kroger | 35.26 Bn | 21.42 Bn | 7.86 Bn | 2.43% |
| 5 | Dollar General | 27.43 Bn | 22.11 Bn | 3.68 Bn | 6.43% |
| 6 | Caseys General Stores | 22.41 Bn | 20.40 Bn | 1.24 Bn | 6.11% |
| 7 | Dollar Tree | 21.77 Bn | 18.40 Bn | 2.10 Bn | 14.03% |
| 8 | US Foods Holding | 20.27 Bn | 20.06 Bn | 1.92 Bn | 3.50% |
| 9 | Tractor Supply | 16.74 Bn | 15.90 Bn | 1.68 Bn | 9.91% |
| 10 | Performance Food | 14.36 Bn | 14.14 Bn | 2.17 Bn | 1.23% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 4.26% |
| Apr 30, 2026 | 4.02% |
| Jan 31, 2026 | 3.13% |
| Oct 31, 2025 | 4.56% |
| Jul 31, 2025 | 5.25% |
| Apr 30, 2025 | 3.62% |
| Jan 31, 2025 | 3.86% |
| Oct 31, 2024 | 3.60% |
| Jul 31, 2024 | 3.67% |
| Apr 30, 2024 | 4.36% |
| Jan 31, 2024 | 4.34% |
| Oct 31, 2023 | 0.57% |
| Jul 31, 2023 | 6.64% |
| Apr 30, 2023 | 1.76% |
| Jan 31, 2023 | 5.43% |
| Oct 31, 2022 | -0.94% |
| Jul 31, 2022 | 4.35% |
| Apr 30, 2022 | 2.05% |
| Jan 31, 2022 | 3.13% |
| Oct 31, 2021 | 2.95% |
Walmart EBT Margin 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=ebt-margin&ticker=WMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=WMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();