Growth Metrics

Walmart (WMT) Tax Rate (2016 - 2026)

Walmart (WMT) has disclosed Tax Rate for 18 consecutive years, with 26.43% as the latest value for Q1 2026.

  • Quarterly Tax Rate rose 434.0% to 26.43% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 24.43% through Jan 2026, up 105.0% year-over-year, with the annual reading at 24.43% for FY2026, 105.0% up from the prior year.
  • Tax Rate hit 26.43% in Q1 2026 for Walmart, up from 25.63% 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.
  • Historically, Tax Rate has averaged 22.67% across 5 years, with a median of 24.47% in 2024.
  • Biggest YoY gain for Tax Rate was 26264bps in 2022; the steepest drop was -4796bps in 2022.
  • Year by year, Tax Rate stood at 23.48% in 2022, then soared by 227bps to 29.73% in 2023, then dropped by -24bps to 22.7% in 2024, then increased by 13bps to 25.63% in 2025, then grew by 3bps to 26.43% in 2026.
  • Business Quant data shows Tax Rate for WMT at 26.43% in Q1 2026, 25.63% in Q4 2025, and 23.26% in Q3 2025.