Walmart (WMT) Return on Capital Employed (2009 - 2026)

Walmart has disclosed Return on Capital Employed across 18 years of filings, most recently posting 17.49% for Q2 2026.

• Return on Capital Employed for Q2 2026 came in at 17.49%, down 119.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 17.49% (down 119.0% YoY), and the FY2026 annual result was 18.05%, down 29.0% from the prior year.
• Return on Capital Employed came in at 17.49% for Q2 2026 at Walmart, up from 16.64% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 18.68% in Q2 2025 to a low of 13.33% in Q1 2023.
• The 5-year median for Return on Capital Employed is 16.6% (2023), against an average of 16.57%.
• Across the five-year window, Return on Capital Employed plunged 314 bps in 2023 and soared 330 bps in 2024, its largest moves.
• Walmart's Return on Capital Employed stood at 14.21% in 2022, then advanced by 16 bps to 16.56% in 2023, then grew by 11 bps to 18.38% in 2024, then dropped by 4 bps to 17.67% in 2025, then declined by 1 bps to 17.49% in 2026.
• The last three Return on Capital Employed figures came in at 17.49% (Q2 2026), 16.64% (Q1 2026), and 17.67% (Q4 2025), per Business Quant data.