Growth Metrics

Walmart (WMT) Tax Rate (2016 - 2026)

Walmart's Tax Rate history spans 18 years, with the latest figure at 26.43% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 434.0% to 26.43% in Q1 2026 year-over-year; TTM through Jan 2026 was 24.43%, a 105.0% increase, with the full-year FY2026 number at 24.43%, up 105.0% from a year prior.
  • Tax Rate hit 26.43% in Q1 2026 for Walmart, up from 25.63% in the prior quarter.
  • Over the last five years, Tax Rate for WMT hit a ceiling of 34.75% in Q1 2023 and a floor of 23.48% in Q4 2022.
  • Historically, Tax Rate has averaged 22.67% across 5 years, with a median of 24.47% in 2024.
  • The widest YoY moves for Tax Rate: up 26264bps in 2022, down -4796bps in 2022.
  • Tracing WMT's Tax Rate over 5 years: stood at 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, then rose 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.