Walmart (WMT) EBT Margin (2009 - 2026)
Walmart's (WMT) quarterly EBT Margin came in at 4.07% in Q2 2026, up 45.0% year-on-year from 2.81% in Q2 2025, and up 28.75% quarter-over-quarter from 3.16% in Q1 2026.
Walmart (WMT) EBT Margin (2009 - 2026) Analysis & Trends
Walmart has disclosed EBT Margin across 18 years of filings, most recently posting 4.07% for Q2 2026.
- EBT Margin for Q2 2026 came in at 4.07%, up 45.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 4.25% (up 51.0% YoY), and the FY2026 annual result was 4.17%, up 27.0% from the prior year.
- EBT Margin came in at 4.07% for Q2 2026 at Walmart, up from 3.16% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 6.69% in Q3 2023 to a low of 0.94% in Q4 2022.
- The 5-year median for EBT Margin is 3.85% (2024), against an average of 3.56%.
- Peak annual rise in EBT Margin reached 362 bps in 2022, while the deepest fall reached 392 bps in 2022.
- Walmart's EBT Margin stood at 0.94% in 2022, then surged by 160 bps to 0.57% in 2023, then jumped by 538 bps to 3.63% in 2024, then advanced by 26 bps to 4.56% in 2025, then dropped by 11 bps to 4.07% in 2026.
- The last three EBT Margin figures came in at 4.07% (Q2 2026), 3.16% (Q1 2026), and 4.56% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 948.87 Bn | 944.49 Bn | 42.63 Bn | 4.07% |
| 2 | Costco Wholesale | 430.50 Bn | 412.26 Bn | 8.88 Bn | 3.91% |
| 3 | Target | 57.41 Bn | 53.87 Bn | 7.38 Bn | 4.06% |
| 4 | Dollar General | 24.07 Bn | 22.93 Bn | 3.32 Bn | 5.00% |
| 5 | Dollar Tree | 22.05 Bn | 21.05 Bn | 1.83 Bn | 9.30% |
| 6 | BJ's Wholesale Club Holdings | 11.52 Bn | 11.49 Bn | 1.03 Bn | 3.45% |
| 7 | Pricesmart | 5.32 Bn | 5.02 Bn | 265.07 Mn | 4.46% |
| 8 | Ollie's Bargain Outlet Holdings | 4.78 Bn | 4.48 Bn | 310.92 Mn | 14.62% |
| 9 | Bbb Foods | 22.39 Mn | -214.25 Mn | 210.92 Mn | 24.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 4.07% |
| Jan 31, 2026 | 3.16% |
| Oct 31, 2025 | 4.56% |
| Jul 31, 2025 | 5.30% |
| Apr 30, 2025 | 3.62% |
| Jan 31, 2025 | 4.00% |
| Oct 31, 2024 | 3.63% |
| Jul 31, 2024 | 3.70% |
| Apr 30, 2024 | 4.36% |
| Jan 31, 2024 | 4.48% |
| Oct 31, 2023 | 0.57% |
| Jul 31, 2023 | 6.69% |
| Apr 30, 2023 | 1.78% |
| Jan 31, 2023 | 5.43% |
| Oct 31, 2022 | -0.94% |
| Jul 31, 2022 | 4.39% |
| Apr 30, 2022 | 2.07% |
| Jan 31, 2022 | 3.23% |
| Oct 31, 2021 | 2.98% |
| Jul 31, 2021 | 4.23% |