NASDAQ · RETAIL-VARIETY STORES · LARGE CAP
Walmart Inc. WMT
19 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY4 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$706.4B
▲ 4.7% vs FY2024
Dividend streak
4 yrs
Raised every year since 2022
EPS · FY25
$2.73
Dividend / sh · FY25
$0.94
Payout · FY25
34%
ROE · FY25
23.0%
Net margin · FY25
3.1%
Dividend coverage
2.9×
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Result
USD 706.4B
Revenue, FY2025 · full 19-year series below
Revenue
Net income
3 cents of every revenue dollar became profit this year.
Per share
USD 2.73
Diluted EPS, FY2025
EPS
Dividend
Earnings covered the dividend 2.9 times — the rest stayed in the company.
Profitability
23.0%
Return on equity, FY2025
ROE
Operating margin4.2%
Net margin3.1%
Return on assets8.0%
Each USD of equity produced 23 cents of profit this year.
Returned to shareholders
USD 15.6B
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 7.5B
Net buybacksUSD 8.1B
Share of profit71.2%
Consecutive raises4 years
USD 7.5B in dividends and USD 8.1B in buybacks — 71% of the year's profit went back to shareholders.
Growth
+4.9% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+5.3%
+4.9%
+3.9%
+3.5%
Net income
+23.3%
+10.1%
+4.1%
+1.9%
EPS, diluted
+24.3%
−10.5%
−5.0%
−3.2%
Dividend / share
+8.0%
−15.3%
−7.1%
−1.7%
Returned to shareholders
−0.9%
+12.3%
+4.1%
−1.3%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
—
Shares outstanding, FY2025
Change, 5 years—
Change, 10 years—
A share split breaks the comparison across the period, so we leave it out.
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Balance sheet
USD 284.7B
total assets, end of FY2025
Total assetsUSD 284.7B
EquityUSD 99.6B
CashUSD 10.7B
Gross debtUSD 38.2B
Net debtUSD 27.4B
Current ratio0.79×
Net debt stands at 28% of equity.
History
19 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
Revenue $B
706.4
674.5
642.6
605.9
567.8
555.2
519.9
510.3
495.8
481.3
482.1
485.7
476.3
468.7
446.5
421.8
408.1
404.3
377.0
Operating income $B
29.8
29.3
27.0
20.4
25.9
22.5
20.6
22.0
20.4
22.8
24.1
27.1
26.9
27.7
26.5
25.5
24.0
22.8
22.0
EBITDA $B
44.0
42.3
38.9
31.4
36.6
33.7
31.6
32.6
31.0
32.8
33.6
36.3
35.7
36.2
34.6
33.2
·
·
·
Income tax $B
7.2
6.2
5.6
5.7
4.8
6.9
4.9
4.3
4.6
6.2
6.6
8.0
8.1
8.0
7.9
7.6
7.2
−7.1
6.9
Net income $B
21.9
19.4
15.5
11.7
13.7
13.5
14.9
6.7
9.9
13.6
14.7
16.4
16.0
17.0
15.7
16.4
14.4
13.4
12.7
EPS, diluted $
2.73
2.41
1.91
1.42
1.62
4.75
5.19
2.26
3.28
4.38
4.57
5.05
4.88
5.02
4.52
4.47
3.71
3.39
3.13
Dividend / sh $
0.94
0.83
0.76
0.75
0.73
2.16
2.12
2.08
2.04
2.00
1.96
1.92
1.88
1.59
1.46
1.21
1.09
0.95
0.88
Payout %
34
34
40
52
45
45
41
91
62
46
43
38
38
32
32
27
29
28
28
ROE %
23.0
22.2
19.3
14.6
16.7
17.4
20.2
8.9
12.7
17.2
18.1
20.8
21.0
23.0
22.5
23.6
21.2
20.5
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
3.42
3.52
3.79
3.92
·
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
55 of 55
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed