Walmart Inc.

WMTNASDAQ

$122.27

Last price · USD

Market cap: $980.8B
P/E: 44.8x
EV / EBITDA: 22.3x
P/S: 1.4x
FCF yield: 1.5%
Div. yield: 0.77%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Walmart Inc. balance sheet

Annual · USD millions except per-share data · 40 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	10,727	9,037	9,867	8,625	14,760	-7.7%
Cash & short-term investments	10,727	9,037	9,867	8,625	14,760	-7.7%
Net receivables	11,172	9,975	8,796	7,933	8,280	+7.8%
Accounts receivable	11,172	9,975	8,796	7,933	8,280	+7.8%
Inventory	58,851	56,435	54,892	56,576	56,511	+1.0%
Prepaids	0	0	0	0	1,519	—
Other current assets	4,124	4,011	3,322	2,521	0	—
Total current assets	84,874	79,458	76,877	75,655	81,070	+1.2%
Non-current assets
Property, plant & equipment (net)	156,956	139,704	130,338	119,234	112,624	+8.7%
Goodwill	28,735	28,792	28,113	28,174	29,014	-0.2%
Goodwill & intangible assets	28,735	28,792	28,113	28,174	29,014	-0.2%
Other non-current assets	14,103	12,869	17,071	20,134	22,152	-10.7%
Total non-current assets	199,794	181,365	175,522	167,542	163,790	+5.1%
Total assets	284,668	260,823	252,399	243,197	244,860	+3.8%
Current liabilities
Accounts payable	63,061	58,666	56,812	53,742	55,261	+3.4%
Other payables	4,706	4,111	3,766	4,152	4,098	+3.5%
Total payables	67,767	62,777	60,578	57,894	59,359	+3.4%
Short-term debt	10,138	5,666	4,325	4,563	3,213	+33.3%
Capital lease obligations (current)	2,487	2,299	2,212	2,040	1,994	+5.7%
Tax payables	596	608	307	727	851	-8.5%
Deferred revenue	2,941	2,755	2,664	2,488	2,559	+3.5%
Total current liabilities	107,469	96,584	92,415	92,198	87,379	+5.3%
Non-current liabilities
Long-term debt	34,624	33,401	36,132	34,649	34,864	-0.2%
Capital lease obligations (non-current)	19,846	18,748	18,652	17,671	17,252	+3.6%
Deferred tax liabilities (non-current)	0	0	0	14,688	13,474	—
Other non-current liabilities	16,549	14,398	14,629	0	0	—
Total non-current liabilities	71,019	66,547	69,413	67,008	65,590	+2.0%
Capital lease obligations	22,333	21,047	20,864	19,711	19,246	+3.8%
Total debt	67,095	60,114	61,321	58,923	57,323	+4.0%
Total liabilities	178,488	163,131	161,828	159,206	152,969	+3.9%
Stockholders' equity
Common stock	797	802	805	808	276	+30.4%
Retained earnings	104,774	98,313	89,814	83,135	86,904	+4.8%
Additional paid-in capital	6,816	5,503	4,544	4,430	4,839	+8.9%
Accumulated other comprehensive income (loss)	(12,770)	(13,605)	(11,302)	(11,680)	(8,766)	—
Total stockholders' equity	99,617	91,013	83,861	76,693	83,253	+4.6%
Total equity	106,180	97,692	90,571	83,991	91,891	+3.7%
Minority interest	6,563	6,679	6,710	7,298	8,638	-6.6%
Total liabilities & equity	284,668	260,823	252,399	243,197	244,860	+3.8%
Additional fields
Accrued Expenses	24,136	23,087	22,636	25,213	20,254	+4.5%
Net Debt	56,368	51,077	51,454	50,298	42,563	+7.3%

Walmart Inc.

WMTNASDAQ

$122.27

Last price · USD

Market cap: $980.8B
P/E: 44.8x
EV / EBITDA: 22.3x
P/S: 1.4x
FCF yield: 1.5%
Div. yield: 0.77%

Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.

Walmart Inc. balance sheet

Annual · USD millions except per-share data · 40 lines

Fiscal year	2026latest	2025	2024	2023	2022	CAGR
Current assets
Cash & cash equivalents	10,727	9,037	9,867	8,625	14,760	-7.7%
Cash & short-term investments	10,727	9,037	9,867	8,625	14,760	-7.7%
Net receivables	11,172	9,975	8,796	7,933	8,280	+7.8%
Accounts receivable	11,172	9,975	8,796	7,933	8,280	+7.8%
Inventory	58,851	56,435	54,892	56,576	56,511	+1.0%
Prepaids	0	0	0	0	1,519	—
Other current assets	4,124	4,011	3,322	2,521	0	—
Total current assets	84,874	79,458	76,877	75,655	81,070	+1.2%
Non-current assets
Property, plant & equipment (net)	156,956	139,704	130,338	119,234	112,624	+8.7%
Goodwill	28,735	28,792	28,113	28,174	29,014	-0.2%
Goodwill & intangible assets	28,735	28,792	28,113	28,174	29,014	-0.2%
Other non-current assets	14,103	12,869	17,071	20,134	22,152	-10.7%
Total non-current assets	199,794	181,365	175,522	167,542	163,790	+5.1%
Total assets	284,668	260,823	252,399	243,197	244,860	+3.8%
Current liabilities
Accounts payable	63,061	58,666	56,812	53,742	55,261	+3.4%
Other payables	4,706	4,111	3,766	4,152	4,098	+3.5%
Total payables	67,767	62,777	60,578	57,894	59,359	+3.4%
Short-term debt	10,138	5,666	4,325	4,563	3,213	+33.3%
Capital lease obligations (current)	2,487	2,299	2,212	2,040	1,994	+5.7%
Tax payables	596	608	307	727	851	-8.5%
Deferred revenue	2,941	2,755	2,664	2,488	2,559	+3.5%
Total current liabilities	107,469	96,584	92,415	92,198	87,379	+5.3%
Non-current liabilities
Long-term debt	34,624	33,401	36,132	34,649	34,864	-0.2%
Capital lease obligations (non-current)	19,846	18,748	18,652	17,671	17,252	+3.6%
Deferred tax liabilities (non-current)	0	0	0	14,688	13,474	—
Other non-current liabilities	16,549	14,398	14,629	0	0	—
Total non-current liabilities	71,019	66,547	69,413	67,008	65,590	+2.0%
Capital lease obligations	22,333	21,047	20,864	19,711	19,246	+3.8%
Total debt	67,095	60,114	61,321	58,923	57,323	+4.0%
Total liabilities	178,488	163,131	161,828	159,206	152,969	+3.9%
Stockholders' equity
Common stock	797	802	805	808	276	+30.4%
Retained earnings	104,774	98,313	89,814	83,135	86,904	+4.8%
Additional paid-in capital	6,816	5,503	4,544	4,430	4,839	+8.9%
Accumulated other comprehensive income (loss)	(12,770)	(13,605)	(11,302)	(11,680)	(8,766)	—
Total stockholders' equity	99,617	91,013	83,861	76,693	83,253	+4.6%
Total equity	106,180	97,692	90,571	83,991	91,891	+3.7%
Minority interest	6,563	6,679	6,710	7,298	8,638	-6.6%
Total liabilities & equity	284,668	260,823	252,399	243,197	244,860	+3.8%
Additional fields
Accrued Expenses	24,136	23,087	22,636	25,213	20,254	+4.5%
Net Debt	56,368	51,077	51,454	50,298	42,563	+7.3%