Walmart (WMT) Invested Capital (2009 - 2026)
Walmart's Invested Capital came in at $154.92 billion for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 10.6% from $140.04 billion a year earlier and up 1.8% from the prior quarter.
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Analysis
Walmart (WMT) Invested Capital (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Walmart's Invested Capital was $150.65 billion, up 10.3% from FY2025.
- Invested Capital has increased in each of the last three fiscal years, with a five-year compound annual growth rate of 2.7% (FY2021 to FY2026).
- Going back by fiscal year, Invested Capital was $136.52 billion in FY2025 (+4.4%), $130.83 billion in FY2024 (+6.4%), $122.99 billion in FY2023 (-5.4%) and $129.97 billion in FY2022 (-1.6%).
- The fiscal Q2 2027 figure represents the highest quarterly Invested Capital in data going back to fiscal Q4 2009.
- Year-over-year, Invested Capital has increased for 12 consecutive quarters, with growth averaging 7.3% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in fiscal Q1 2027 (growth of 11.4%), and the weakest in fiscal Q1 2024 (a decline of 7.3%).
- Business Quant data shows WMT's Invested Capital at $152.14 billion (Q1 2027), $150.65 billion (Q4 2026) and $148.58 billion (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.47 Bn | 787.18 Bn | 49.13 Bn | 154.92 Bn |
| 2 | Costco Wholesale | 403.75 Bn | 333.05 Bn | 9.01 Bn | 39.18 Bn |
| 3 | Sysco | 37.36 Bn | 31.61 Bn | 4.13 Bn | 16.18 Bn |
| 4 | Kroger | 34.63 Bn | 20.79 Bn | 7.86 Bn | 22.84 Bn |
| 5 | Dollar General | 26.38 Bn | 21.06 Bn | 3.68 Bn | 13.86 Bn |
| 6 | Caseys General Stores | 22.49 Bn | 20.48 Bn | 1.24 Bn | 6.52 Bn |
| 7 | Dollar Tree | 21.40 Bn | 18.02 Bn | 2.10 Bn | 6.36 Bn |
| 8 | US Foods Holding | 19.94 Bn | 19.74 Bn | 1.92 Bn | 9.68 Bn |
| 9 | Tractor Supply | 16.33 Bn | 15.49 Bn | 1.68 Bn | 4.79 Bn |
| 10 | Performance Food | 14.29 Bn | 14.07 Bn | 2.17 Bn | 9.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 154.92 Bn |
| Apr 30, 2026 | 152.14 Bn |
| Jan 31, 2026 | 150.65 Bn |
| Oct 31, 2025 | 148.58 Bn |
| Jul 31, 2025 | 140.04 Bn |
| Apr 30, 2025 | 136.54 Bn |
| Jan 31, 2025 | 136.52 Bn |
| Oct 31, 2024 | 134.75 Bn |
| Jul 31, 2024 | 130.62 Bn |
| Apr 30, 2024 | 131.32 Bn |
| Jan 31, 2024 | 130.83 Bn |
| Oct 31, 2023 | 134.67 Bn |
| Jul 31, 2023 | 129.58 Bn |
| Apr 30, 2023 | 123.04 Bn |
| Jan 31, 2023 | 122.99 Bn |
| Oct 31, 2022 | 126.33 Bn |
| Jul 31, 2022 | 131.34 Bn |
| Apr 30, 2022 | 132.79 Bn |
| Jan 31, 2022 | 129.97 Bn |
| Oct 31, 2021 | 129.20 Bn |
API Access
Walmart Invested Capital 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=invested-capital&ticker=WMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=WMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();