Growth Metrics

Walmart (WMT) Invested Capital (2016 - 2026)

Walmart's Invested Capital history spans 17 years, with the latest figure at $99.6 billion for Q4 2025.

  • For Q4 2025, Invested Capital rose 2.15% year-over-year to $99.6 billion; the TTM value through Oct 2025 reached $99.6 billion, up 2.15%, while the annual FY2025 figure was $127.0 billion, 2.24% down from the prior year.
  • Invested Capital for Q4 2025 was $99.6 billion at Walmart, down from $100.6 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $131.8 billion in Q1 2021 and bottomed at $77.7 billion in Q4 2022.
  • The 5-year median for Invested Capital is $94.8 billion (2024), against an average of $100.1 billion.
  • The largest annual shift saw Invested Capital plummeted 31.28% in 2021 before it rose 18.55% in 2024.
  • A 5-year view of Invested Capital shows it stood at $91.2 billion in 2021, then fell by 14.79% to $77.7 billion in 2022, then increased by 5.86% to $82.3 billion in 2023, then grew by 18.55% to $97.5 billion in 2024, then rose by 2.15% to $99.6 billion in 2025.
  • Per Business Quant, the three most recent readings for WMT's Invested Capital are $99.6 billion (Q4 2025), $100.6 billion (Q3 2025), and $95.9 billion (Q2 2025).