Growth Metrics

Walmart (WMT) Gross Margin (2016 - 2025)

Historic Gross Margin for Walmart (WMT) over the last 17 years, with Q4 2025 value amounting to 24.95%.

  • Walmart's Gross Margin rose 400.0% to 24.95% in Q4 2025 from the same period last year, while for Oct 2025 it was 24.91%, marking a year-over-year increase of 2100.0%. This contributed to the annual value of 24.85% for FY2025, which is 4800.0% up from last year.
  • As of Q4 2025, Walmart's Gross Margin stood at 24.95%, which was up 400.0% from 25.16% recorded in Q3 2025.
  • In the past 5 years, Walmart's Gross Margin registered a high of 25.43% during Q3 2021, and its lowest value of 23.54% during Q1 2023.
  • Over the past 5 years, Walmart's median Gross Margin value was 24.63% (recorded in 2023), while the average stood at 24.67%.
  • Per our database at Business Quant, Walmart's Gross Margin surged by 11200bps in 2021 and then crashed by -12100bps in 2022.
  • Over the past 5 years, Walmart's Gross Margin (Quarter) stood at 25.26% in 2021, then fell by -4bps to 24.34% in 2022, then rose by 1bps to 24.64% in 2023, then increased by 1bps to 24.91% in 2024, then grew by 0bps to 24.95% in 2025.
  • Its Gross Margin stands at 24.95% for Q4 2025, versus 25.16% for Q3 2025 and 24.94% for Q2 2025.