Walmart (WMT) Return on Equity [ROE] (2009 - 2026)
Walmart (WMT) posted Return on Equity [ROE] of 21.93% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 1.54 percentage points from 23.47% a year earlier and down 0.46 percentage points from the prior quarter.
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Analysis
Walmart (WMT) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Walmart's Return on Equity [ROE] came in at 21.91%, up 0.44 percentage points from FY2025.
- Annual Return on Equity [ROE] has increased for three consecutive fiscal years, with a five-year change of +5.70 percentage points (FY2021 to FY2026).
- In prior fiscal years, Walmart's Return on Equity [ROE] was 21.47% in FY2025 (+2.78 pp), 18.69% in FY2024 (+5.83 pp), 12.86% in FY2023 (-2.68 pp) and 15.54% in FY2022 (-0.67 pp).
- Quarterly Return on Equity [ROE] has run from a low of 9.33% in fiscal Q3 2022 to a high of 23.47% in fiscal Q2 2026 over five years.
- On a year-over-year basis, Return on Equity [ROE] increased in six of the last eight quarters, with an average year-over-year change of +1.39 percentage points.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was fiscal Q1 2025, with a gain of 8.46 percentage points; the weakest was fiscal Q3 2022, with a drop of 14.39 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior fiscal quarters was 22.39% (Q1 2027), 21.40% (Q4 2026) and 23.45% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 824.47 Bn | 787.18 Bn | 49.13 Bn | 21.93% |
| 2 | Costco Wholesale | 403.75 Bn | 333.05 Bn | 9.01 Bn | 26.95% |
| 3 | Sysco | 37.36 Bn | 31.61 Bn | 4.13 Bn | 70.76% |
| 4 | Kroger | 34.63 Bn | 20.79 Bn | 7.86 Bn | 13.55% |
| 5 | Dollar General | 26.38 Bn | 21.06 Bn | 3.68 Bn | 18.79% |
| 6 | Caseys General Stores | 22.49 Bn | 20.48 Bn | 1.24 Bn | 19.21% |
| 7 | Dollar Tree | 21.40 Bn | 18.02 Bn | 2.10 Bn | 46.52% |
| 8 | US Foods Holding | 19.94 Bn | 19.74 Bn | 1.92 Bn | 16.91% |
| 9 | Tractor Supply | 16.33 Bn | 15.49 Bn | 1.68 Bn | 39.33% |
| 10 | Performance Food | 14.29 Bn | 14.07 Bn | 2.17 Bn | 7.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 21.93% |
| Apr 30, 2026 | 22.39% |
| Jan 31, 2026 | 21.40% |
| Oct 31, 2025 | 23.45% |
| Jul 31, 2025 | 23.47% |
| Apr 30, 2025 | 20.76% |
| Jan 31, 2025 | 21.03% |
| Oct 31, 2024 | 22.08% |
| Jul 31, 2024 | 18.29% |
| Apr 30, 2024 | 22.06% |
| Jan 31, 2024 | 18.50% |
| Oct 31, 2023 | 19.19% |
| Jul 31, 2023 | 17.00% |
| Apr 30, 2023 | 13.60% |
| Jan 31, 2023 | 13.78% |
| Oct 31, 2022 | 11.00% |
| Jul 31, 2022 | 16.37% |
| Apr 30, 2022 | 14.91% |
| Jan 31, 2022 | 15.26% |
| Oct 31, 2021 | 9.33% |
API Access
Walmart Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=WMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=WMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();