Walmart (WMT) Net Income Attributable to Noncontrolling 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) Net Income Attributable to Noncontrolling 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) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 998.27 Bn | 954.70 Bn | 49.13 Bn | 163.00 Mn |
| 2 | Costco Wholesale | 467.84 Bn | 391.12 Bn | 12.19 Bn | - |
| 3 | Kroger | 41.10 Bn | 27.25 Bn | 7.86 Bn | 1.00 Mn |
| 4 | Sysco | 37.00 Bn | 28.92 Bn | 4.05 Bn | - |
| 5 | Dollar General | 29.48 Bn | 24.16 Bn | 3.68 Bn | - |
| 6 | Caseys General Stores | 25.44 Bn | 23.43 Bn | 1.24 Bn | - |
| 7 | Dollar Tree | 24.95 Bn | 21.57 Bn | 2.10 Bn | - |
| 8 | US Foods Holding | 22.95 Bn | 22.75 Bn | 1.90 Bn | - |
| 9 | Tractor Supply | 18.92 Bn | 18.08 Bn | 1.42 Bn | - |
| 10 | Performance Food | 16.83 Bn | 16.62 Bn | 2.19 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 Net Income Attributable to Noncontrolling 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();