Walmart Inc (WMT)
Return on assets (ROA)
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 15,511,000 | 11,680,000 | 13,673,000 | 13,510,000 | 14,881,000 |
| Total assets | US$ in thousands | 252,399,000 | 243,197,000 | 244,860,000 | 252,496,000 | 236,495,000 |
| ROA | 6.15% | 4.80% | 5.58% | 5.35% | 6.29% |
January 31, 2024 calculation
ROA = Net income ÷ Total assets
= $15,511,000K ÷ $252,399,000K
= 6.15%
Walmart Inc's return on assets (ROA) has exhibited fluctuations over the past five years. As of January 31, 2024, Walmart's ROA stands at 6.15%, indicating that the company generated 6.15 cents of profit for every dollar of assets it holds. This represents an improvement compared to the previous year, where the ROA was 4.80%.
Analyzing the trend over the five-year period, Walmart's ROA peaked at 6.29% in January 2020 and experienced fluctuations in the following years. Despite some variability, Walmart has generally maintained a healthy ROA, reflecting efficiency in managing its assets to generate profits.
Overall, Walmart Inc's ROA performance suggests that the company has been effective in utilizing its assets to generate profits, with the recent increase indicating improved asset productivity. Further analysis and comparison with industry benchmarks could provide additional insights into Walmart's asset utilization efficiency.
Peer comparison
Jan 31, 2024