Walmart (WMT) EV to EBITDA (2009 - 2026)
Walmart's EV to EBITDA came in at 18.51 for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 1.1% from 18.31 a year earlier but down 20.6% from the prior quarter.
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Analysis
Walmart (WMT) EV to EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Walmart reported EV to EBITDA of 17.84, up 1.1% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 21.47, up 15.9% from FY2025.
- Going back by fiscal year, EV to EBITDA was 18.52 in FY2025 (+63.6%), 11.32 in FY2024 (-8.1%), 12.31 in FY2023 (+19.2%) and 10.33 in FY2022 (-9.4%).
- The five-year range for quarterly EV to EBITDA is 10.18 (fiscal Q2 2023) to 23.32 (fiscal Q1 2027).
- Year-over-year, EV to EBITDA has increased for nine consecutive quarters, with growth averaging 31.2% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in fiscal Q4 2025 (growth of 63.6%), and the weakest in fiscal Q4 2022 (a decline of 9.4%).
- Business Quant data shows WMT's EV to EBITDA at 23.32 (Q1 2027), 21.47 (Q4 2026) and 18.72 (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walmart | 941.04 Bn | 897.47 Bn | 49.13 Bn |
| 2 | Costco Wholesale | 441.07 Bn | 364.35 Bn | 12.19 Bn |
| 3 | Sysco | 39.58 Bn | 33.83 Bn | 4.13 Bn |
| 4 | Kroger | 38.20 Bn | 24.35 Bn | 7.86 Bn |
| 5 | Dollar General | 29.56 Bn | 24.23 Bn | 3.68 Bn |
| 6 | Caseys General Stores | 25.45 Bn | 23.45 Bn | 1.24 Bn |
| 7 | Dollar Tree | 23.72 Bn | 20.35 Bn | 2.10 Bn |
| 8 | US Foods Holding | 22.35 Bn | 22.15 Bn | 1.92 Bn |
| 9 | Tractor Supply | 17.24 Bn | 16.41 Bn | 1.68 Bn |
| 10 | Performance Food | 15.13 Bn | 14.91 Bn | 2.17 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18.51 |
| Apr 30, 2026 | 23.32 |
| Jan 31, 2026 | 21.47 |
| Oct 31, 2025 | 18.72 |
| Jul 31, 2025 | 18.31 |
| Apr 30, 2025 | 18.03 |
| Jan 31, 2025 | 18.52 |
| Oct 31, 2024 | 15.77 |
| Jul 31, 2024 | 13.48 |
| Apr 30, 2024 | 11.93 |
| Jan 31, 2024 | 11.32 |
| Oct 31, 2023 | 11.77 |
| Jul 31, 2023 | 12.74 |
| Apr 30, 2023 | 12.41 |
| Jan 31, 2023 | 12.31 |
| Oct 31, 2022 | 12.01 |
| Jul 31, 2022 | 10.18 |
| Apr 30, 2022 | 11.87 |
| Jan 31, 2022 | 10.33 |
| Oct 31, 2021 | 11.19 |
API Access
Walmart EV to EBITDA 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=ev-to-ebitda&ticker=WMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=WMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();