Walmart Inc (WMT)
Operating profit margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 27,012,000 | 20,428,000 | 25,942,000 | 22,548,000 | 20,568,000 |
| Revenue | US$ in thousands | 648,125,000 | 611,289,000 | 572,754,000 | 559,151,000 | 523,964,000 |
| Operating profit margin | 4.17% | 3.34% | 4.53% | 4.03% | 3.93% |
January 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $27,012,000K ÷ $648,125,000K
= 4.17%
The operating profit margin of Walmart Inc has shown mixed performance over the past five years. In the most recent fiscal year ending January 31, 2024, the operating profit margin increased to 4.17% from 3.34% in the prior year, indicating an improvement in the company's ability to generate profits from its core business operations. However, the operating profit margin was higher in the fiscal years ending January 31, 2022 and January 31, 2021, at 4.53% and 4.03% respectively, suggesting stronger profitability in those periods compared to the latest year.
Overall, despite fluctuations, Walmart Inc has generally maintained a relatively stable operating profit margin around the 4% level in recent years, indicating a consistent ability to control costs and drive operational efficiency in its business activities. It would be important for stakeholders to closely monitor future performance to assess the company's profitability trends and management's effectiveness in optimizing operational performance.
Peer comparison
Jan 31, 2024