Walmart Inc (WMT)
Net profit margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 15,511,000 | 11,680,000 | 13,673,000 | 13,510,000 | 14,881,000 |
| Revenue | US$ in thousands | 648,125,000 | 611,289,000 | 572,754,000 | 559,151,000 | 523,964,000 |
| Net profit margin | 2.39% | 1.91% | 2.39% | 2.42% | 2.84% |
January 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $15,511,000K ÷ $648,125,000K
= 2.39%
From the data provided, the net profit margin of Walmart Inc has experienced some fluctuation over the past five years. In the most recent fiscal year ending on January 31, 2024, Walmart Inc reported a net profit margin of 2.39%, showing a slight improvement compared to the previous year when it was 1.91%.
Looking at the trend over the five-year period, the net profit margin was relatively stable between 2.39% in 2022 and 2.84% in 2020. However, there was a slight dip in 2023 before the increase in 2024. This indicates that Walmart Inc has been able to maintain a decent level of profitability relative to its revenues over the years, despite some variability.
Overall, a net profit margin of around 2-3% suggests that Walmart Inc is able to efficiently convert its revenues into profits, although there may be room for further improvement to enhance profitability.
Peer comparison
Jan 31, 2024