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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Walmart (WMT) Net Margin (2016 - 2026)

Walmart (WMT) has disclosed Net Margin for 18 consecutive years, with 2.32% as the latest value for Q1 2026.

  • Quarterly Net Margin fell 68.0% to 2.32% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 3.14% through Jan 2026, up 17.0% year-over-year, with the annual reading at 3.15% for FY2026, 19.0% up from the prior year.
  • Net Margin hit 2.32% in Q1 2026 for Walmart, down from 3.39% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 5.02% in Q3 2023 to a low of 1.17% in Q4 2022.
  • Historically, Net Margin has averaged 2.6% across 5 years, with a median of 2.8% in 2025.
  • Biggest YoY gain for Net Margin was 804bps in 2022; the steepest drop was -340bps in 2022.
  • Year by year, Net Margin stood at 1.17% in 2022, then skyrocketed by 134bps to 0.4% in 2023, then skyrocketed by 595bps to 2.78% in 2024, then rose by 22bps to 3.39% in 2025, then tumbled by -31bps to 2.32% in 2026.
  • Business Quant data shows Net Margin for WMT at 2.32% in Q1 2026, 3.39% in Q4 2025, and 4.07% in Q3 2025.