Growth Metrics

Walmart (WMT) Tax Rate (2016 - 2026)

Walmart's Tax Rate history spans 17 years, with the latest figure at 25.63% for Q4 2025.

  • For Q4 2025, Tax Rate rose 293.0% year-over-year to 25.63%; the TTM value through Oct 2025 reached 23.5%, down 52.0%, while the annual FY2025 figure was 23.38%, 215.0% down from the prior year.
  • Tax Rate for Q4 2025 was 25.63% at Walmart, up from 23.26% in the prior quarter.
  • Across five years, Tax Rate topped out at 34.75% in Q1 2023 and bottomed at 238.62% in Q1 2021.
  • The 5-year median for Tax Rate is 24.48% (2021), against an average of 9.9%.
  • The largest annual shift saw Tax Rate tumbled -26293bps in 2021 before it skyrocketed 26264bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 24.48% in 2021, then crashed by -196bps to 23.48% in 2022, then surged by 227bps to 29.73% in 2023, then fell by -24bps to 22.7% in 2024, then grew by 13bps to 25.63% in 2025.
  • Per Business Quant, the three most recent readings for WMT's Tax Rate are 25.63% (Q4 2025), 23.26% (Q3 2025), and 22.61% (Q2 2025).