Walmart Inc (WMT)
Pretax margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 21,089,000 | 17,404,000 | 18,429,000 | 20,368,000 | 19,796,000 |
| Revenue | US$ in thousands | 648,125,000 | 611,289,000 | 572,754,000 | 559,151,000 | 523,964,000 |
| Pretax margin | 3.25% | 2.85% | 3.22% | 3.64% | 3.78% |
January 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $21,089,000K ÷ $648,125,000K
= 3.25%
The pretax margin of Walmart Inc has shown some fluctuation over the past five years. In the most recent fiscal year ending January 31, 2024, the pretax margin stood at 3.25%, a slight increase compared to the prior year. However, this figure is lower than the pretax margin recorded in fiscal years 2021 and 2020, which were respectively 3.64% and 3.78%. The trend indicates a general stability in the company's ability to generate profits before taxes, although there has been a slight decrease in recent years. It would be prudent to further analyze the factors contributing to these fluctuations to understand the overall financial performance of Walmart Inc.
Peer comparison
Jan 31, 2024