Walmart (WMT) Return on Capital Employed (2009 - 2026)
Walmart (WMT) reported Return on Capital Employed of 17.49% for Q2 2026, down 119.0% on a YoY basis from 92.06% in Q2 2025, and up 5.09% sequentially from 16.64% in Q1 2026.
Walmart (WMT) Return on Capital Employed (2009 - 2026) Analysis & Trends
Walmart (WMT) has 18 years of Return on Capital Employed data on file, last reported at 17.49% in Q2 2026.
- For the quarter ending Q2 2026, Return on Capital Employed fell 119.0% year-over-year to 17.49%; the trailing twelve-month figure through Apr 2026 stood at 17.49% (down 119.0% YoY), and the FY2026 full-year result was 18.05%, down 29.0% from the prior year.
- Return on Capital Employed rose to 17.49% in Q2 2026, 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.
- A 5-year average of 16.57% and a median of 16.6% in 2023 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed slumped 314 bps in 2023 and soared 330 bps in 2024, its largest moves.
- Tracing WMT's Return on Capital Employed over 5 years: stood at 14.21% in 2022, then gained by 16 bps to 16.56% in 2023, then climbed by 11 bps to 18.38% in 2024, then slipped by 4 bps to 17.67% in 2025, then dropped by 1 bps to 17.49% in 2026.
- Business Quant data shows WMT's Return on Capital Employed at 17.49% in Q2 2026, 16.64% in Q1 2026, and 17.67% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.66 Bn | 858.28 Bn | 42.63 Bn | 17.49% |
| 2 | Costco Wholesale | 410.89 Bn | 392.65 Bn | 8.88 Bn | 25.77% |
| 3 | Target | 61.06 Bn | 57.53 Bn | 7.38 Bn | 12.14% |
| 4 | Dollar General | 25.36 Bn | 24.22 Bn | 3.32 Bn | 9.04% |
| 5 | Dollar Tree | 22.75 Bn | 21.75 Bn | 1.83 Bn | 16.66% |
| 6 | BJ's Wholesale Club Holdings | 11.75 Bn | 11.72 Bn | 1.03 Bn | 17.56% |
| 7 | Pricesmart | 5.65 Bn | 5.52 Bn | 262.22 Mn | 15.61% |
| 8 | Bbb Foods | 4.68 Bn | 4.08 Bn | 210.92 Mn | - |
| 9 | Ollie's Bargain Outlet Holdings | 4.00 Bn | 3.70 Bn | 310.92 Mn | 11.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 17.49% |
| Jan 31, 2026 | 16.64% |
| Oct 31, 2025 | 17.67% |
| Jul 31, 2025 | 17.78% |
| Apr 30, 2025 | 18.68% |
| Jan 31, 2025 | 17.73% |
| Oct 31, 2024 | 18.38% |
| Jul 31, 2024 | 17.76% |
| Apr 30, 2024 | 17.57% |
| Jan 31, 2024 | 16.53% |
| Oct 31, 2023 | 16.56% |
| Jul 31, 2023 | 14.46% |
| Apr 30, 2023 | 14.37% |
| Jan 31, 2023 | 13.33% |
| Oct 31, 2022 | 14.21% |
| Jul 31, 2022 | 16.25% |
| Apr 30, 2022 | 16.35% |
| Jan 31, 2022 | 16.47% |
| Oct 31, 2021 | 16.58% |
| Jul 31, 2021 | 16.32% |