Walmart Inc (WMT)

Operating 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
Operating income (ttm)	US$ in thousands	27,012,000	25,319,000	21,812,000	21,350,000	20,428,000	20,754,000	23,851,000	24,351,000	25,942,000	25,542,000	25,528,000	24,233,000	22,548,000	22,383,000	21,323,000	20,847,000	20,568,000	21,313,000	21,581,000	21,748,000
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
Operating profit margin		4.17%	3.96%	3.46%	3.43%	3.34%	3.46%	4.06%	4.23%	4.53%	4.47%	4.51%	4.31%	4.03%	4.08%	3.93%	3.90%	3.93%	4.09%	4.17%	4.22%

January 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $27,012,000K ÷ $648,125,000K
= 4.17%

The operating profit margin of Walmart Inc has shown fluctuation over the past few quarters. From Jan 31, 2024, to Apr 30, 2023, the operating profit margin ranged from 3.43% to 4.17%. In the most recent quarter, Jan 31, 2024, the operating profit margin was at 4.17%, showing a slight improvement compared to the previous quarter's 3.96%.

The operating profit margin peaked at 4.53% on Jan 31, 2022, and hit a low of 3.34% on Jan 31, 2023. Overall, the trend has been relatively stable, with some variability in the margins. It is essential for Walmart Inc to monitor and manage its operating expenses effectively to maintain and potentially improve its operating profit margin in the future.