Inside the research
Walmart Inc.
WMT Research profile · latest available data
Price overview
$107.98
▲ +0.39 (+0.4%)
| 52w hi | $133.88 |
|---|---|
| 52w lo | $99.77 |
| Vol | 19.61M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.44
| Short | -0.33 |
|---|---|
| Medium | -0.51 |
| Long | -0.53 |
computed 2026-09-27
Key fundamentals
Walmart Inc.
Consumer Defensive · Discount Stores
| Market cap | $859.31B |
|---|---|
| Enterprise value | $926.81B |
| Trailing P/E | 39.12x |
| Forward P/E | 33.44x |
| EV / EBITDA | 21.03x |
| P / S (ttm) | 1.16x |
| Profit margin | 3.0% |
| Return on equity | 22.3% |
| Revenue growth | +5.9% |
| Earnings growth | -9.1% |
| Debt / equity | 71.65 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.08 | |
| Sector | -0.01 | |
| Technical | -0.31 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Walmart Inc. engages in the operation of retail and wholesale stores and clubs, ecommerce websites, and mobile applications worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club U.S. It operates supercenters, supermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; and ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites. It offers grocery items, including dry grocery, snacks, dairy, meat, produce, deli and bakery, frozen foods, alcoholic and nonalcoholic beverages, as well as consumables, such as health and beauty aids, pet supplies, household chemicals, paper goods, and baby products; and fuel and other categories. In addition, it is involved in the provision of health and wellness products covering pharmacy, optical and hearing services, over-the-counter drugs, and protein and nutrition products; and home, hardlines, and seasonal items, including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, and mattresses. Further, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Additionally, it operates digital payment platforms; offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access; and markets lines of merchandise under private and licensed brands. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.
Risk Metrics
| Beta vs SPX | 0.43 |
|---|---|
| Corr SPX | 0.28 |
| Annual vol | 25.0% |
| Annual ret | +18.7% |
| Sharpe | 0.75 |
| Max DD | -23.5% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $137.10 |
|---|---|
| High / Low | $150.00 / $62.00 |
| Median | $139.00 |
| Analysts | 41 |
| Strong Buy | 9 | |
|---|---|---|
| Buy | 30 | |
| Hold | 3 | |
| Sell | 1 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-07 | TD Cowen | → Buy |
| 2026-05-06 | BTIG | → Buy |
| 2026-04-22 | Morgan Stanley | → Overweight |
| 2026-04-13 | Guggenheim | → Buy |
| 2026-02-25 | Tigress Financial | → Buy |
| 2026-02-23 | Evercore ISI Group | → Outperform |
Officers & Board
| Director | Randall L. Stephenson since 2021 |
|---|---|
| Director | Cesar Conde since 2019 |
| Director | Sarah Friar since 2018 |
| Director | Carla A. Harris since 2017 |
| Director | Steuart Walton since 2016 |
| Chair | Greg Penner since 2015 |
| Director | Doug McMillon since 2014 |
| Chair | Doug McMillon since 2014 |
| Director | Thomas Horton since 2014 |
| CEO | Doug McMillon since 2014 |
| Director | Marissa Mayer since 2012 |
| Director | Timothy P. Flynn since 2012 |
| Director | Greg Penner since 2008 |
| Chair | S. Robson Walton since 1992 |
| Chair | Sam Walton since 1992 |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-06-05 | Bylaws Amendment, Shareholder Vote… | read |
| 2026-05-21 | Earnings Release, Exhibits | read |
| 2026-04-30 | Other Material Event, Exhibits | read |
| 2026-03-27 | Other Material Event | read |
| 2026-03-13 | Other Material Event | read |
| 2026-02-19 | Earnings Release, Exhibits | read |
| 2026-01-16 | Officer / Director Change, Exhibits | read |
| 2026-01-08 | Officer / Director Change, Exhibits | read |
| 2025-12-29 | Other Material Event | read |
| 2025-11-20 | Earnings Release, Listing Notice… | read |
| 2025-11-14 | Officer / Director Change, Exhibits | read |
| 2025-10-22 | Officer / Director Change | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-11 | Watkins Latriece | Executive Vice President | Withheld for tax | 227 | $25.59K |
| 2026-08-11 | Guggina David W | Executive Vice President | Withheld for tax | 118 | $13.26K |
| 2026-08-11 | Milum Dwayne M | SVP & Controller | Withheld for tax | 121 | $13.65K |
| 2026-08-11 | Dallaire Seth | Executive Vice President | Withheld for tax | 387 | $43.56K |
| 2026-08-03 | Bartlett Daniel J | Executive Vice President | Sell | 3.71K | $419.60K |
| 2026-07-16 | Nicholas Christopher James | Executive Vice President | Sell | 1.26K | $144.36K |
| 2026-07-16 | Nicholas Christopher James | Executive Vice President | Sell | 1.64K | $186.64K |
| 2026-07-14 | Guggina David W | Executive Vice President | Withheld for tax | 118 | $13.51K |
| 2026-07-14 | Watkins Latriece | Executive Vice President | Withheld for tax | 227 | $26.07K |
| 2026-07-14 | Milum Dwayne M | SVP & Controller | Withheld for tax | 121 | $13.91K |
Flow & Concentration
| Insider 180d net | -$5.48M |
|---|---|
| Insider buys / sells | 0 / 9 |
| Insider bias | Sellers |
| 13F holders | 9 |
| Top-5 share | 97.7% |
| HHI | 4,901 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $21.30B | 188.04M |
| Fidelity / FMR LLC | $3.54B | 31.27M |
| Capital Research / Capital World | $2.68B | 23.70M |
| Citadel Advisors | $2.35B | 20.72M |
| AQR Capital Management | $703.40M | 6.21M |
| Millennium Management | $633.51M | 5.59M |
| Renaissance Technologies | $46.50M | 410.52K |
| Bridgewater Associates | $29.31M | 258.76K |
| T. Rowe Price Group | $2.49M | 21.98M |
As of 2026-06-30
Connections
Subsidiarys: Walmart U.S.
Dividends
| Yield (TTM) | 0.68% |
|---|---|
| $ / share (TTM) | $0.73 |
| 5y CAGR | +5.5% |
Annual dividend per share
| 2021 | $0.73 |
|---|---|
| 2022 | $0.75 |
| 2023 | $0.76 |
| 2024 | $0.83 |
| 2025 | $0.94 |
| 2026 | $0.50 |
SEC Filings
The Long Run
FY 2009–2026 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $706.41B | +3.5% | |
| Operating income | $27.01B | +0.8% | |
| Net income | $15.51B | +0.5% | |
| Cash from ops | $35.73B | +3.5% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $107.08 | $108.15 | $106.45 | $107.98 | 19.61M |
| Sep 24 | $111.17 | $111.17 | $107.51 | $107.59 | 26.17M |
| Sep 23 | $110.22 | $111.23 | $109.49 | $110.53 | 22.77M |
| Sep 22 | $108.12 | $110.19 | $107.61 | $110.12 | 19.37M |
| Sep 21 | $106.16 | $107.76 | $106.08 | $107.44 | 23.97M |
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