Walmart Inc (WMT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 24.38% | 24.27% | 24.20% | 24.09% | 24.14% | 24.38% | 24.60% | 24.90% | 25.10% | 25.04% | 25.10% | 25.10% | 24.83% | 24.77% | 24.66% | 24.51% | 24.69% | 24.82% | 24.91% | 25.02% |
| 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% |
| Pretax margin | 3.25% | 3.62% | 3.32% | 2.74% | 2.85% | 2.12% | 3.12% | 3.04% | 3.22% | 2.28% | 2.82% | 3.34% | 3.64% | 4.84% | 4.40% | 3.74% | 3.78% | 3.80% | 3.46% | 2.59% |
| Net profit margin | 2.39% | 2.55% | 2.23% | 1.82% | 1.91% | 1.49% | 2.36% | 2.26% | 2.39% | 1.40% | 1.78% | 2.18% | 2.42% | 3.60% | 3.30% | 2.81% | 2.84% | 2.77% | 2.48% | 1.62% |
Walmart Inc's profitability ratios have shown fluctuations over the past few quarters. The gross profit margin has remained relatively stable around the mid-24% range, indicating consistent pricing strategies and cost management.
However, the operating profit margin has shown more variability, with a slight downward trend from October 2021 to January 2024. This suggests some challenges in controlling operating expenses or generating sufficient revenue to cover costs.
The pretax margin has also fluctuated, reaching a peak in January 2020 and showing some recovery since then. The downward trend from July 2020 to April 2021 indicates periods of lower profitability before a gradual improvement.
The net profit margin, which shows the bottom line profitability after all expenses, has also fluctuated over time. There was a notable increase in profitability in the fiscal year 2021, followed by some variability in subsequent quarters.
Overall, while Walmart Inc has maintained a relatively healthy gross profit margin, it may need to address fluctuations in operating and net profit margins to ensure sustained profitability in the long term.
Return on investment
| 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 return on assets (Operating ROA) | 10.70% | 9.77% | 8.55% | 8.71% | 8.40% | 8.38% | 9.65% | 9.89% | 10.59% | 10.43% | 10.70% | 10.24% | 8.93% | 8.92% | 8.98% | 8.95% | 8.70% | 8.89% | 9.19% | 9.27% |
| Return on assets (ROA) | 6.15% | 6.29% | 5.50% | 4.61% | 4.80% | 3.62% | 5.61% | 5.28% | 5.58% | 3.28% | 4.21% | 5.18% | 5.35% | 7.87% | 7.54% | 6.45% | 6.29% | 6.02% | 5.47% | 3.57% |
| Return on total capital | 22.51% | 21.86% | 18.74% | 19.32% | 18.35% | 19.54% | 22.21% | 22.33% | 21.96% | 21.52% | 21.25% | 20.43% | 18.46% | 18.30% | 18.34% | 18.74% | 17.37% | 18.28% | 18.81% | 18.81% |
| Return on equity (ROE) | 18.50% | 20.50% | 17.65% | 15.61% | 15.23% | 12.41% | 17.88% | 16.90% | 16.42% | 9.75% | 12.48% | 15.64% | 16.69% | 24.24% | 23.76% | 22.02% | 19.93% | 20.14% | 18.27% | 12.28% |
Walmart Inc's profitability ratios have shown variability over the past few quarters.
1. Operating Return on Assets (Operating ROA): The company's Operating ROA has been fluctuating, ranging from 8.38% to 10.70%. This ratio indicates that for every dollar of assets, Walmart generates operating income ranging from 8.38 cents to 10.70 cents.
2. Return on Assets (ROA): ROA has also shown variability, with values ranging from 3.62% to 7.87%. This ratio reflects the company's ability to generate profit from its assets, with values fluctuating over the periods.
3. Return on Total Capital: The Return on Total Capital has varied between 17.37% and 22.51%. This ratio indicates the efficiency of both debt and equity capital in generating profits for the company.
4. Return on Equity (ROE): Walmart's ROE has displayed fluctuations, ranging from 12.28% to 24.24%. This metric shows how well the company is using its equity to generate profit and create shareholder value.
Overall, while the profitability ratios of Walmart Inc have shown variability, the company has generally maintained solid profitability levels, although there have been fluctuations in certain periods. It is essential for stakeholders to assess the trends over time to gain a better understanding of Walmart's financial performance.