Walmart Inc (WMT)

Gross profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	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
Gross profit (ttm)	US$ in thousands	169,232,000	166,413,000	163,786,000	161,043,000	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
Revenue (ttm)	US$ in thousands	680,985,000	673,819,000	665,035,000	657,332,000	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
Gross profit margin		24.85%	24.70%	24.63%	24.50%	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%

January 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $169,232,000K ÷ $680,985,000K
= 24.85%

The gross profit margin of Walmart Inc has shown some fluctuations over the past five years, ranging from a low of 24.09% on April 30, 2023, to a high of 25.10% on April 30, 2021, July 31, 2021, and January 31, 2022. Generally, the trend has been increasing up to January 31, 2025, where it stood at 24.85%. This indicates that Walmart has been able to effectively manage its cost of goods sold relative to its net sales, resulting in a higher gross profit margin. However, there were slight declines in the margin for certain periods, such as in the most recent quarter ending on July 31, 2024, where it decreased to 24.63%. It is important for the company to monitor and analyze the factors contributing to these fluctuations to ensure sustainable profitability in the future.