Walmart (WMT) Operating Leases (2019 - 2026)
Walmart (WMT) posted Operating Leases of $14.8 billion for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 12.4% from $13.17 billion a year earlier and up 2.8% from the prior quarter.
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Analysis
Walmart (WMT) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Walmart's Operating Leases came in at $13.94 billion, up 8.7% from FY2025.
- Annual Operating Leases shows a five-year compound annual growth rate of 1.6% (FY2021 to FY2026).
- In prior fiscal years, Walmart's Operating Leases was $12.83 billion in FY2025 (-0.9%), $12.94 billion in FY2024 (+0.9%), $12.83 billion in FY2023 (-1.4%) and $13.01 billion in FY2022 (+0.8%).
- The fiscal Q2 2027 figure stands as the highest quarterly Operating Leases since fiscal Q3 2021.
- On a year-over-year basis, Operating Leases has increased in each of the last five quarters, with growth averaging 5.2% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was fiscal Q1 2027, with growth of 12.4%; the weakest was fiscal Q3 2022, with a decline of 18.1%.
- According to Business Quant data, Operating Leases for the three prior fiscal quarters was $14.39 billion (Q1 2027), $13.94 billion (Q4 2026) and $13.71 billion (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walmart | 862.64 Bn | 825.34 Bn | 49.13 Bn |
| 2 | Costco Wholesale | 409.33 Bn | 338.62 Bn | 9.01 Bn |
| 3 | Sysco | 37.65 Bn | 31.90 Bn | 4.13 Bn |
| 4 | Kroger | 35.26 Bn | 21.42 Bn | 7.86 Bn |
| 5 | Dollar General | 27.43 Bn | 22.11 Bn | 3.68 Bn |
| 6 | Caseys General Stores | 22.41 Bn | 20.40 Bn | 1.24 Bn |
| 7 | Dollar Tree | 21.77 Bn | 18.40 Bn | 2.10 Bn |
| 8 | US Foods Holding | 20.27 Bn | 20.06 Bn | 1.92 Bn |
| 9 | Tractor Supply | 16.74 Bn | 15.90 Bn | 1.68 Bn |
| 10 | Performance Food | 14.36 Bn | 14.14 Bn | 2.17 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 14.80 Bn |
| Apr 30, 2026 | 14.39 Bn |
| Jan 31, 2026 | 13.94 Bn |
| Oct 31, 2025 | 13.71 Bn |
| Jul 31, 2025 | 13.17 Bn |
| Apr 30, 2025 | 12.80 Bn |
| Jan 31, 2025 | 12.83 Bn |
| Oct 31, 2024 | 12.93 Bn |
| Jul 31, 2024 | 12.81 Bn |
| Apr 30, 2024 | 12.84 Bn |
| Jan 31, 2024 | 12.94 Bn |
| Oct 31, 2023 | 12.82 Bn |
| Jul 31, 2023 | 12.98 Bn |
| Apr 30, 2023 | 12.93 Bn |
| Jan 31, 2023 | 12.83 Bn |
| Oct 31, 2022 | 12.66 Bn |
| Jul 31, 2022 | 13.14 Bn |
| Apr 30, 2022 | 13.23 Bn |
| Jan 31, 2022 | 13.01 Bn |
| Oct 31, 2021 | 13.10 Bn |
API Access
Walmart Operating Leases 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=operating-leases&ticker=WMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=WMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();