Walmart (WMT) Shares Outstanding (2009 - 2026)
Walmart (WMT) posted Shares Outstanding of 7.95 billion for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 0.3% from 7.98 billion a year earlier and down 0.2% from the prior quarter.
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Analysis
Walmart (WMT) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Walmart's Shares Outstanding came in at 7.98 billion, down 0.7% from FY2025.
- Annual Shares Outstanding has declined for 17 consecutive fiscal years, with a five-year compound annual growth rate of -1.2% (FY2021 to FY2026).
- In prior fiscal years, Walmart's Shares Outstanding was 8.04 billion in FY2025 (-0.4%), 8.08 billion in FY2024 (-1.2%), 8.17 billion in FY2023 (-2.4%) and 8.38 billion in FY2022 (-1.4%).
- The fiscal Q2 2027 figure stands as the lowest quarterly Shares Outstanding in data going back to fiscal Q4 2009.
- On a year-over-year basis, Shares Outstanding has declined in each of the last 67 quarters, with an average decline of 0.6% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding ranged from 0.3% (fiscal Q2 2027) to 2.7% (fiscal Q3 2023).
- According to Business Quant data, Shares Outstanding for the three prior fiscal quarters was 7.97 billion (Q1 2027), 7.98 billion (Q4 2026) and 7.97 billion (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 955.04 Bn | 911.47 Bn | 49.13 Bn | 7.95 Bn |
| 2 | Costco Wholesale | 448.08 Bn | 371.36 Bn | 12.19 Bn | 443.95 Mn |
| 3 | Kroger | 40.37 Bn | 26.52 Bn | 7.86 Bn | 606.00 Mn |
| 4 | Sysco | 39.73 Bn | 33.98 Bn | 4.13 Bn | 479.12 Mn |
| 5 | Dollar General | 30.02 Bn | 24.70 Bn | 3.68 Bn | 220.61 Mn |
| 6 | Caseys General Stores | 26.18 Bn | 24.17 Bn | 1.24 Bn | 36.97 Mn |
| 7 | Dollar Tree | 24.33 Bn | 20.95 Bn | 2.10 Bn | 190.60 Mn |
| 8 | US Foods Holding | 22.48 Bn | 22.28 Bn | 1.92 Bn | 219.00 Mn |
| 9 | Tractor Supply | 17.80 Bn | 16.97 Bn | 1.68 Bn | 523.73 Mn |
| 10 | Performance Food | 15.20 Bn | 14.98 Bn | 2.17 Bn | 155.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.95 Bn |
| Apr 30, 2026 | 7.97 Bn |
| Jan 31, 2026 | 7.98 Bn |
| Oct 31, 2025 | 7.97 Bn |
| Jul 31, 2025 | 7.98 Bn |
| Apr 30, 2025 | 8.01 Bn |
| Jan 31, 2025 | 8.04 Bn |
| Oct 31, 2024 | 8.04 Bn |
| Jul 31, 2024 | 8.04 Bn |
| Apr 30, 2024 | 8.05 Bn |
| Jan 31, 2024 | 8.08 Bn |
| Oct 31, 2023 | 8.08 Bn |
| Jul 31, 2023 | 8.08 Bn |
| Apr 30, 2023 | 8.08 Bn |
| Jan 31, 2023 | 8.17 Bn |
| Oct 31, 2022 | 8.13 Bn |
| Jul 31, 2022 | 8.21 Bn |
| Apr 30, 2022 | 8.26 Bn |
| Jan 31, 2022 | 8.38 Bn |
| Oct 31, 2021 | 8.36 Bn |
API Access
Walmart Shares Outstanding 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=shares-outstanding&ticker=WMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=WMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();