Walmart (WMT) Income from Non-Controlling Interests (2009 - 2026)
Walmart's Income from Non-Controlling Interests came in at $163 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 30.4% from $125 million a year earlier and up 1.9% from the prior quarter.
Walmart (WMT) Income from Non-Controlling Interests (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Walmart reported Income from Non-Controlling Interests of $423 million, down 27.7% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $377 million, down 47.7% from FY2025.
- Income from Non-Controlling Interests carries a five-year compound annual growth rate of 14.0% (FY2021 to FY2026).
- Going back by fiscal year, Income from Non-Controlling Interests was $721 million in FY2025 (-5.0%), $759 million in FY2024, -$388 million in FY2023 and $267 million in FY2022 (+36.2%).
- The fiscal Q2 2027 figure represents the highest quarterly Income from Non-Controlling Interests since fiscal Q4 2025.
- Year-over-year, Income from Non-Controlling Interests increased in two of the last seven quarters, with an average decline of 10.6%.
- The fastest year-over-year change in Income from Non-Controlling Interests over five years came in fiscal Q3 2024 (growth of 512.9%), and the weakest in fiscal Q3 2022 (a decline of 59.1%).
- Business Quant data shows WMT's Income from Non-Controlling Interests at $160 million (Q1 2027), $155 million (Q4 2026) and -$55 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 827.17 Bn | 789.87 Bn | 49.13 Bn | 163.00 Mn |
| 2 | Costco Wholesale | 408.32 Bn | 337.62 Bn | 9.01 Bn | - |
| 3 | Sysco | 37.11 Bn | 31.36 Bn | 4.13 Bn | - |
| 4 | Kroger | 34.86 Bn | 21.01 Bn | 7.86 Bn | 1.00 Mn |
| 5 | Dollar General | 26.24 Bn | 20.91 Bn | 3.68 Bn | - |
| 6 | Caseys General Stores | 22.83 Bn | 20.83 Bn | 1.24 Bn | - |
| 7 | Dollar Tree | 21.05 Bn | 17.67 Bn | 2.10 Bn | - |
| 8 | US Foods Holding | 20.97 Bn | 20.76 Bn | 1.92 Bn | - |
| 9 | Tractor Supply | 16.22 Bn | 15.39 Bn | 1.68 Bn | - |
| 10 | Performance Food | 14.65 Bn | 14.43 Bn | 2.17 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 163.00 Mn |
| Apr 30, 2026 | 160.00 Mn |
| Jan 31, 2026 | 155.00 Mn |
| Oct 31, 2025 | -55.00 Mn |
| Jul 31, 2025 | 125.00 Mn |
| Apr 30, 2025 | 152.00 Mn |
| Jan 31, 2025 | 171.00 Mn |
| Oct 31, 2024 | 137.00 Mn |
| Jul 31, 2024 | 210.00 Mn |
| Apr 30, 2024 | 203.00 Mn |
| Jan 31, 2024 | 184.00 Mn |
| Oct 31, 2023 | 190.00 Mn |
| Jul 31, 2023 | 162.00 Mn |
| Apr 30, 2023 | 223.00 Mn |
| Jan 31, 2023 | -466.00 Mn |
| Oct 31, 2022 | 31.00 Mn |
| Jul 31, 2022 | -2.00 Mn |
| Apr 30, 2022 | 49.00 Mn |
| Jan 31, 2022 | 71.00 Mn |
| Oct 31, 2021 | 27.00 Mn |
Walmart Income from Non-Controlling Interests 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=income-from-non-controlling-interests&ticker=WMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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=income-from-non-controlling-interests&ticker=WMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();