Walmart Inc (WMT)
Gross profit margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 157,983,000 | 147,568,000 | 143,754,000 | 138,836,000 | 129,359,000 |
| Revenue | US$ in thousands | 648,125,000 | 611,289,000 | 572,754,000 | 559,151,000 | 523,964,000 |
| Gross profit margin | 24.38% | 24.14% | 25.10% | 24.83% | 24.69% |
January 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $157,983,000K ÷ $648,125,000K
= 24.38%
The gross profit margin of Walmart Inc has shown relatively stable performance over the past five years, ranging from 24.14% to 25.10%. In the most recent fiscal year ending January 31, 2024, the gross profit margin slightly increased to 24.38% compared to the previous year. This indicates that Walmart Inc has been able to effectively manage its cost of goods sold and maintain a consistent level of profitability from its core operations. Overall, the gross profit margin trend suggests that Walmart Inc has been able to effectively balance its pricing strategies and cost controls to sustain its profitability over the years.
Peer comparison
Jan 31, 2024