Walmart (WMT) Invested Capital (2009 - 2026)
Walmart (WMT) posted Invested Capital of $10.7 billion for Q2 2026, up 57.86% sequentially from $6.8 billion in Q1 2026, and up 161.27% YoY from $4.1 billion in Q2 2025.
Walmart (WMT) Invested Capital (2009 - 2026) Analysis & Trends
Walmart has reported Invested Capital for 18 years, with the latest figure at $10.7 billion in Q2 2026.
- Quarterly Invested Capital rose 161.27% year-over-year to $10.7 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $29.7 billion (up 86.83% YoY) and the FY2026 annual result came in at $6.8 billion, up 0.57% from the prior year.
- Invested Capital improved to $10.7 billion in Q2 2026 per WMT's latest filing, from $6.8 billion in the prior quarter.
- Over five years, Invested Capital peaked at $10.7 billion in Q2 2026 and troughed at $1.5 billion in Q3 2024.
- A 5-year average of $5.5 billion and a median of $5.1 billion in 2022 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2022 and 2024: Invested Capital jumped 1484.8% in 2022, then plunged 67.11% in 2024.
- Over 5 years, Invested Capital stood at $5.5 billion in 2022, then plunged by 48.59% to $2.8 billion in 2023, then climbed by 27.55% to $3.6 billion in 2024, then surged by 134.73% to $8.4 billion in 2025, then advanced by 27.04% to $10.7 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $10.7 billion, $6.8 billion, and $8.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.27 Bn | 813.54 Bn | 44.69 Bn | 10.67 Bn |
| 2 | Costco Wholesale | 420.42 Bn | 400.43 Bn | 9.01 Bn | - |
| 3 | Target | 74.99 Bn | 71.45 Bn | 7.38 Bn | 1.13 Bn |
| 4 | Dollar General | 27.11 Bn | 25.76 Bn | 3.41 Bn | 13.30 Mn |
| 5 | Dollar Tree | 25.75 Bn | 24.74 Bn | 1.83 Bn | - |
| 6 | BJ's Wholesale Club Holdings | 12.37 Bn | 12.34 Bn | 1.03 Bn | 375.00 Mn |
| 7 | Bbb Foods | 6.05 Bn | 5.36 Bn | 250.62 Mn | - |
| 8 | Pricesmart | 5.24 Bn | 4.92 Bn | 262.22 Mn | 65.34 Mn |
| 9 | Ollie's Bargain Outlet Holdings | 4.63 Bn | 4.38 Bn | 275.96 Mn | 844,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 10.67 Bn |
| Jan 31, 2026 | 6.76 Bn |
| Oct 31, 2025 | 8.40 Bn |
| Jul 31, 2025 | 3.84 Bn |
| Apr 30, 2025 | 4.09 Bn |
| Jan 31, 2025 | 6.72 Bn |
| Oct 31, 2024 | 3.58 Bn |
| Jul 31, 2024 | 1.50 Bn |
| Apr 30, 2024 | 5.46 Bn |
| Jan 31, 2024 | 6.43 Bn |
| Oct 31, 2023 | 2.81 Bn |
| Jul 31, 2023 | 4.55 Bn |
| Apr 30, 2023 | 3.98 Bn |
| Jan 31, 2023 | 5.41 Bn |
| Oct 31, 2022 | 5.46 Bn |
| Jul 31, 2022 | 10.63 Bn |
| Apr 30, 2022 | 3.58 Bn |
| Jan 31, 2022 | 4.75 Bn |
| Oct 31, 2021 | 1.58 Bn |
| Jul 31, 2021 | 671.00 Mn |