Walmart Inc (WMT)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 26,309,000 | 26,864,000 | 21,681,000 | 26,195,000 | 21,848,000 | 23,232,000 | 20,886,000 | 16,803,000 | 17,016,000 | 12,896,000 | 18,474,000 | 17,753,000 | 18,696,000 | 13,321,000 | 16,289,000 | 19,012,000 | 20,564,000 | 26,830,000 | 24,088,000 | 20,355,000 |
| Revenue (ttm) | US$ in thousands | 680,985,000 | 673,819,000 | 665,035,000 | 657,332,000 | 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 |
| Pretax margin | 3.86% | 3.99% | 3.26% | 3.99% | 3.37% | 3.64% | 3.31% | 2.70% | 2.78% | 2.15% | 3.14% | 3.08% | 3.26% | 2.33% | 2.88% | 3.38% | 3.68% | 4.89% | 4.44% | 3.81% |
January 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $26,309,000K ÷ $680,985,000K
= 3.86%
The pretax margin of Walmart Inc has shown fluctuations over the analyzed periods. The pretax margin started at 3.81% on April 30, 2020, increased to 4.89% by October 31, 2020, and reached its peak at 4.44% on July 31, 2020. However, the pretax margin declined to 2.88% by July 31, 2021, before gradually recovering to 3.86% by January 31, 2025.
It is important to note that the pretax margin measures the company's efficiency in generating profits before accounting for taxes, indicating how well Walmart is managing its operating expenses in relation to its revenue. The downward trend in pretax margin from July 31, 2021, to October 31, 2024, reflects potential challenges or inefficiencies in cost management during those periods. However, the subsequent increase in the pretax margin from October 31, 2024, to January 31, 2025, suggests improvements in profitability.
Overall, Walmart Inc's pretax margin has shown some variability but appears to have stabilized and improved in the most recent period, indicating a potential positive trend in the company's profitability management.
Peer comparison
Jan 31, 2025