Walmart (WMT) EBT Margin (2009 - 2026)
Walmart's (WMT) quarterly EBT Margin came in at 4.26% in Q3 2026, down 99.0% year-over-year from 426.31% in Q3 2025, and up 6.01% quarter-over-quarter from 4.02% in Q2 2026.
Analysis
Walmart (WMT) EBT Margin (2009 - 2026) Analysis & Trends
Walmart has disclosed EBT Margin across 18 years of filings, most recently posting 4.26% for Q3 2026.
- In Q3 2026, EBT Margin fell 99.0% year-over-year to 4.26%; the TTM figure through Jul 2026 stood at 3.98% (down 11.0% YoY), while the FY2026 annual figure was 4.13%, up 27.0% from the prior year.
- EBT Margin came in at 4.26% for Q3 2026 at Walmart, up from 4.02% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 6.64% in Q3 2023 to a low of 0.94% in Q4 2022.
- Average EBT Margin over 5 years is 3.56%, with a median of 3.86% recorded in 2025.
- The largest YoY upside for EBT Margin was 352 bps in 2022 against a maximum downside of 389 bps in 2022.
- Over 5 years, EBT Margin stood at 0.94% in 2022, then jumped by 161 bps to 0.57% in 2023, then surged by 532 bps to 3.6% in 2024, then advanced by 27 bps to 4.56% in 2025, then decreased by 7 bps to 4.26% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 4.26% in Q3 2026, 4.02% in Q2 2026, and 3.13% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 850.02 Bn | 844.76 Bn | 49.13 Bn | 4.26% |
| 2 | Dollar General | 29.37 Bn | 27.78 Bn | 3.68 Bn | 6.43% |
| 3 | Dollar Tree | 24.66 Bn | 23.61 Bn | 2.10 Bn | 14.03% |
| 4 | Tractor Supply | 18.26 Bn | 18.03 Bn | 1.68 Bn | 9.91% |
| 5 | Bbb Foods | 5.81 Bn | 5.13 Bn | 250.62 Mn | 22.05% |
Historic Data
Download Data
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% |