Walmart Inc. (WMT)
Consumer Staples · Consumer Staples Merchandise Retail · US stock · S&P 500 component
$118.81
▲ +0.94 (0.80%)
Fair valueOvervalued
$80 −32.6% to fair value
$40fair band $56–$104$120
Day's range
$118.07 – $119.48
52-week range
$98.05 – $134.84
About Walmart Inc.
Walmart is the world's largest retailer by sales, operating supercenters, discount stores, warehouse clubs and e-commerce platforms in the United States and other countries. It sells groceries, general merchandise, electronics and household goods at low prices. Most revenue comes from retail sales, with smaller contributions from membership fees at Sam's Club, advertising, marketplace services and financial services.
The company pays a dividend with a yield of 0.8%. Looking at the numbers, trailing revenue is $735.8 billion, and it grew 5.3% a year over the past three years. Operating margin is 4.4%, while return on invested capital is 18%. Net debt to EBITDA is 0.8 times. Taken together, these figures give an X-Ray Score of 51 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $98.05 – $134.84Volume 20,612,400Daily, split-adjusted
Vitals
Market cap$947.9B
52-week range$98.05 – $134.84
Volume (last day)20,612,400
P/E (TTM)43.1
EBIT / EV yield3.3%
Free-cash-flow yield1.4%
Dividend yield0.8%
Revenue (TTM)$735.8B
Net income (TTM)$22.1B
Operating margin4.4%
Return on capital18.1%
Debt incl. leases$50.4B
Cash & securities$11.5B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$80model spread $75 – $86
Overvalued
−32.6% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $119
Undervalued < $56Fair $56 – $104Overvalued > $104
10-year DCF (market-scaled)
$78
Peer multiples
$67
Earnings power floor (not blended)
$29
Fundamentals-adjusted multiple
$96
Growth the price implies
22.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Staples peers. Open a lens to see the numbers behind it.
Valuation
Weak
12/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield3.3%
Free-cash-flow yield1.4%
Fair value vs price0.7×
Growth
Strong
76/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)5.3%
EPS growth (3y)24.3%
Growth consistency100%
Profitability
Strong
70/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital18.1%
Operating margin4.4%
Gross profitability63.2%
Financial health
Fair
54/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA0.8×
Interest cover17.4×
Dividends
Fair
52/100
Dividend is typical for its sector.
See the numbers →
Dividend yield0.8%
Dividends vs free cash flow58%
Dividend growth7.1%
Quarterly results: last 6 quarters
+2.5%
Apr '25
+4.8%
Jul '25
+5.8%
Oct '25
+5.6%
Jan '26
+7.3%
Apr '26
+5.9%
Jul '26
Revenue against the same quarter a year earlier. Latest quarter revenue $187.9B, diluted EPS $0.80.
Compare with peers
DLTR Dollar Tree, Inc.77 DG Dollar General Corp66 TGT Target Corp58 COST Costco Wholesale Corp57Other Consumer Staples Merchandise Retail companies by X-Ray Score.
Fundamentals checklist
● 6 Good · ● 4 Average · ● 6 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldBad
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Average
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDAGood
Interest coverAverage
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalAverage
Operating marginBad
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 53/100.
Financials
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $572.8B | $611.3B | $648.1B | $681.0B | $713.2B |
| Operating income | $25.9B | $20.4B | $27.0B | $29.3B | $29.8B |
| Net income | $13.7B | $11.7B | $15.5B | $19.4B | $21.9B |
| Operating cash flow | $24.2B | $28.8B | $35.7B | $36.4B | $41.6B |
| Operating margin | 4.5% | 3.3% | 4.2% | 4.3% | 4.2% |
| Free cash flow | $11.1B | $12.0B | $15.1B | $12.7B | $14.9B |
| Diluted EPS | $1.62 | $1.42 | $1.91 | $2.41 | $2.73 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
12 bullish · 0 neutral · 4 bearish
Weekly
Strongly bullish
10 bullish · 1 neutral · 1 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 112.1 | Bullish |
| EMA 10 | 113.3 | Bullish |
| SMA 20 | 109.6 | Bullish |
| EMA 20 | 110.9 | Bullish |
| SMA 50 | 108.9 | Bullish |
| EMA 50 | 110.1 | Bullish |
| SMA 100 | 111.7 | Bullish |
| EMA 100 | 112.0 | Bullish |
| SMA 200 | 117.9 | Bullish |
| EMA 200 | 112.7 | Bullish |
Oscillators (daily)
| RSI (14) | 73.01 | Bearish |
| MACD (12, 26) | 2.26 | Bullish |
| Momentum (12) | 14.33 | Bullish |
| Stochastic %K (14) | 85.71 | Bearish |
| Williams %R (14) | -14.29 | Bearish |
| CCI (20) | 182.5 | Bearish |
Pivot points (classic, last session)
S3 116.7 | S2 117.4 | S1 118.1 | Pivot 118.8 | R1 119.5 | R2 120.2 | R3 120.9 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.98 USD
Yield on today's price
0.82%
Frequency
Quarterly
Next ex-dividend date
11 Dec 2026
| Ex-dividend date | Amount per share |
|---|---|
| 11 Dec 2026 (upcoming) | 0.2475 |
| 21 Aug 2026 | 0.2480 |
| 8 May 2026 | 0.2480 |
| 20 Mar 2026 | 0.2480 |
| 12 Dec 2025 | 0.2350 |
| 15 Aug 2025 | 0.2350 |
| 9 May 2025 | 0.2350 |
| 21 Mar 2025 | 0.2350 |
| 13 Dec 2024 | 0.2080 |
| 16 Aug 2024 | 0.2080 |
| 9 May 2024 | 0.2080 |
| 14 Mar 2024 | 0.2080 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
WMT SEC filings
28 Aug 2026
10-QSEC EDGAR
Quarterly report
20 Aug 2026
8-KSEC EDGAR
Results of operations
5 Jun 2026
8-KSEC EDGAR
Shareholder vote results
29 May 2026
10-QSEC EDGAR
Quarterly report
21 May 2026
8-KSEC EDGAR
Results of operations
30 Apr 2026
8-KSEC EDGAR
Other events
23 Apr 2026
DEF 14ASEC EDGAR
Proxy statement
27 Mar 2026
8-KSEC EDGAR
Other events
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.