Walmart Inc (WMT)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 29,348,000 | 28,743,000 | 28,237,000 | 27,613,000 | 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 |
| Total assets | US$ in thousands | 260,823,000 | 263,399,000 | 254,440,000 | 254,054,000 | 252,399,000 | 259,174,000 | 255,121,000 | 245,053,000 | 243,457,000 | 247,656,000 | 247,199,000 | 246,142,000 | 244,860,000 | 244,851,000 | 238,552,000 | 236,581,000 | 252,496,000 | 250,863,000 | 237,382,000 | 232,892,000 |
| Operating ROA | 11.25% | 10.91% | 11.10% | 10.87% | 10.70% | 9.77% | 8.55% | 8.71% | 8.39% | 8.38% | 9.65% | 9.89% | 10.59% | 10.43% | 10.70% | 10.24% | 8.93% | 8.92% | 8.98% | 8.95% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $29,348,000K ÷ $260,823,000K
= 11.25%
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's ability to generate profits from its assets employed in its operations. For Walmart Inc, the Operating ROA has shown fluctuating trends over the past few years, ranging from 8.38% to 11.25% as of January 31, 2025.
Initially, from April 30, 2020, to October 31, 2021, Walmart's Operating ROA remained relatively stable, hovering around the 8-10% range. However, starting from April 30, 2021, there was a noticeable increase in the ratio, reaching a peak of 11.10% on July 31, 2024.
This improvement in Operating ROA indicates that Walmart was able to enhance its operational efficiency and generate higher profits relative to its asset base during this period. It suggests the company was effectively managing its assets to generate operating income and create value for its shareholders.
Subsequently, despite some fluctuations, the trend indicates that Walmart has been able to maintain a relatively strong Operating ROA performance, with the ratio consistently above 9% in recent periods. The latest reported Operating ROA of 11.25% as of January 31, 2025, demonstrates the company's continued ability to efficiently utilize its assets to generate profits from its core operations.
Overall, the analysis of Walmart Inc's Operating ROA highlights the company's consistent efforts to drive profitability through effective asset management and operational performance.
Peer comparison
Jan 31, 2025