Walmart Inc (WMT)

Gross profit margin

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Gross profit (ttm)	US$ in thousands	157,983,000	155,045,000	152,624,000	149,863,000	147,568,000	146,292,000	144,594,000	143,438,000	143,754,000	143,223,000	142,090,000	141,278,000	138,836,000	135,941,000	133,663,000	131,064,000	129,359,000	129,322,000	129,009,000	129,012,000
Revenue (ttm)	US$ in thousands	648,125,000	638,785,000	630,794,000	622,021,000	611,289,000	600,112,000	587,824,000	576,013,000	572,754,000	571,962,000	566,145,000	562,839,000	559,151,000	548,743,000	542,026,000	534,661,000	523,964,000	521,086,000	517,989,000	515,640,000
Gross profit margin		24.38%	24.27%	24.20%	24.09%	24.14%	24.38%	24.60%	24.90%	25.10%	25.04%	25.10%	25.10%	24.83%	24.77%	24.66%	24.51%	24.69%	24.82%	24.91%	25.02%

January 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $157,983,000K ÷ $648,125,000K
= 24.38%

The gross profit margin of Walmart Inc has shown a relatively stable trend over the past several quarters, ranging from 24.09% to 25.10%. There was a slight decline in the gross profit margin in the most recent quarter (January 31, 2024), compared to the previous quarter (October 31, 2023), but the difference is minimal. Overall, the gross profit margin has largely remained in the low-to-mid 24% range, indicating that Walmart has been able to effectively manage its cost of goods sold relative to its revenue during this period. It is important to continue monitoring this ratio in the future to assess Walmart's ability to maintain profitability in its operations.