Walmart (WMT) Tax Rate (2009 - 2026)
Walmart (WMT) reported Tax Rate of 23.2% for Q2 2026, up 59.0% on a YoY basis from 14.59% in Q2 2025, and down 12.25% sequentially from 26.43% in Q1 2026.
Walmart (WMT) Tax Rate (2009 - 2026) Analysis & Trends
Walmart (WMT) has 18 years of Tax Rate data on file, last reported at 23.2% in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 59.0% year-over-year to 23.2%; the trailing twelve-month figure through Apr 2026 stood at 24.5% (up 163.0% YoY), and the FY2026 full-year result was 24.43%, up 105.0% from the prior year.
- Tax Rate retreated to 23.2% in Q2 2026, from 26.43% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 34.75% in Q1 2023 to a low of 23.48% in Q4 2022.
- A 5-year average of 22.7% and a median of 24.32% in 2024 frame the typical range for Tax Rate.
- Peak annual rise in Tax Rate reached 26264 bps in 2022, while the deepest fall reached 4796 bps in 2022.
- Tracing WMT's Tax Rate over 5 years: stood at 23.48% in 2022, then soared by 227 bps to 29.73% in 2023, then dropped by 24 bps to 22.7% in 2024, then advanced by 13 bps to 25.63% in 2025, then dropped by 9 bps to 23.2% in 2026.
- Business Quant data shows WMT's Tax Rate at 23.2% in Q2 2026, 26.43% in Q1 2026, and 25.63% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.66 Bn | 858.28 Bn | 42.63 Bn | 23.20% |
| 2 | Costco Wholesale | 410.89 Bn | 392.65 Bn | 8.88 Bn | 25.21% |
| 3 | Target | 61.06 Bn | 57.53 Bn | 7.38 Bn | 24.39% |
| 4 | Dollar General | 25.36 Bn | 24.22 Bn | 3.32 Bn | 21.85% |
| 5 | Dollar Tree | 22.75 Bn | 21.75 Bn | 1.83 Bn | 24.89% |
| 6 | BJ's Wholesale Club Holdings | 11.75 Bn | 11.72 Bn | 1.03 Bn | 27.01% |
| 7 | Pricesmart | 5.65 Bn | 5.52 Bn | 262.22 Mn | 28.01% |
| 8 | Bbb Foods | 4.68 Bn | 4.08 Bn | 210.92 Mn | -2.42% |
| 9 | Ollie's Bargain Outlet Holdings | 4.00 Bn | 3.70 Bn | 310.92 Mn | 16.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 23.20% |
| Apr 30, 2026 | 23.20% |
| Apr 30, 2026 | 23.20% |
| Jan 31, 2026 | 26.43% |
| Jan 31, 2026 | 26.43% |
| Jan 31, 2026 | 26.43% |
| Oct 31, 2025 | 25.63% |
| Oct 31, 2025 | 25.63% |
| Oct 31, 2025 | 25.63% |
| Jul 31, 2025 | 23.26% |
| Jul 31, 2025 | 23.26% |
| Jul 31, 2025 | 23.26% |
| Apr 30, 2025 | 22.61% |
| Apr 30, 2025 | 22.61% |
| Apr 30, 2025 | 22.61% |
| Jan 31, 2025 | 22.09% |
| Jan 31, 2025 | 22.09% |
| Jan 31, 2025 | 22.09% |
| Oct 31, 2024 | 22.70% |
| Oct 31, 2024 | 22.70% |