Walmart (WMT) Operating Leases (2019 - 2026)
Walmart's (WMT) quarterly Operating Leases came in at $14.4 billion in Q2 2026, up 12.43% year-on-year from $12.8 billion in Q2 2025, and up 3.21% quarter-over-quarter from $13.9 billion in Q1 2026.
Walmart (WMT) Operating Leases (2019 - 2026) Analysis & Trends
Walmart has disclosed Operating Leases across 8 years of filings, most recently posting $14.4 billion for Q2 2026.
- Operating Leases for Q2 2026 came in at $14.4 billion, up 12.43% year-over-year; the trailing twelve-month figure through Apr 2026 was $14.4 billion (up 12.43% YoY), and the FY2026 annual result was $13.9 billion, up 8.7% from the prior year.
- Operating Leases came in at $14.4 billion for Q2 2026 at Walmart, up from $13.9 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $14.4 billion in Q2 2026 to a low of $12.7 billion in Q4 2022.
- The 5-year median for Operating Leases is $12.9 billion (2024), against an average of $13.1 billion.
- Across the five-year window, Operating Leases declined 3.34% in 2022 and climbed 12.43% in 2026, its largest moves.
- Walmart's Operating Leases stood at $12.7 billion in 2022, then advanced by 1.26% to $12.8 billion in 2023, then advanced by 0.86% to $12.9 billion in 2024, then climbed by 6.02% to $13.7 billion in 2025, then increased by 4.98% to $14.4 billion in 2026.
- The last three Operating Leases figures came in at $14.4 billion (Q2 2026), $13.9 billion (Q1 2026), and $13.7 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Walmart | 948.87 Bn | 944.49 Bn | 42.63 Bn |
| 2 | Costco Wholesale | 430.50 Bn | 412.26 Bn | 8.88 Bn |
| 3 | Target | 57.41 Bn | 53.87 Bn | 7.38 Bn |
| 4 | Dollar General | 24.07 Bn | 22.93 Bn | 3.32 Bn |
| 5 | Dollar Tree | 22.05 Bn | 21.05 Bn | 1.83 Bn |
| 6 | BJ's Wholesale Club Holdings | 11.52 Bn | 11.49 Bn | 1.03 Bn |
| 7 | Pricesmart | 5.32 Bn | 5.02 Bn | 265.07 Mn |
| 8 | Ollie's Bargain Outlet Holdings | 4.78 Bn | 4.48 Bn | 310.92 Mn |
| 9 | Bbb Foods | 22.39 Mn | -214.25 Mn | 210.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 13.12 Bn |