Walmart Inc (WMT)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 19,436,000 | 19,676,000 | 15,552,000 | 18,942,000 | 15,511,000 | 16,292,000 | 14,041,000 | 11,299,000 | 11,680,000 | 8,967,000 | 13,870,000 | 12,997,000 | 13,673,000 | 8,020,000 | 10,050,000 | 12,250,000 | 13,510,000 | 19,742,000 | 17,895,000 | 15,029,000 |
| Total stockholders’ equity | US$ in thousands | 91,013,000 | 88,108,000 | 84,423,000 | 81,293,000 | 83,861,000 | 79,456,000 | 79,556,000 | 72,405,000 | 76,693,000 | 72,253,000 | 77,569,000 | 76,896,000 | 83,253,000 | 82,274,000 | 80,529,000 | 78,335,000 | 81,298,000 | 81,431,000 | 75,310,000 | 68,240,000 |
| ROE | 21.36% | 22.33% | 18.42% | 23.30% | 18.50% | 20.50% | 17.65% | 15.61% | 15.23% | 12.41% | 17.88% | 16.90% | 16.42% | 9.75% | 12.48% | 15.64% | 16.62% | 24.24% | 23.76% | 22.02% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $19,436,000K ÷ $91,013,000K
= 21.36%
The return on equity (ROE) for Walmart Inc has displayed fluctuations over the periods provided. The ROE stood at 22.02% as of April 30, 2020, showing a slight increase to 23.76% by July 31, 2020. Subsequently, the ROE continued to improve, reaching 24.24% by October 31, 2020 before experiencing a decline to 16.62% by January 31, 2021.
The trend of decreasing ROE continued into April 30, 2021, where it fell to 15.64% and dropped further to 12.48% by July 31, 2021. The decrease seemed to stabilize as the ROE slightly recovered to 16.90% by April 30, 2022. However, the trend reversed by October 31, 2022, with the ROE decreasing to 12.41%.
From January 31, 2023, there was a gradual improvement in ROE, reaching 20.50% by October 31, 2023. The positive trend continued into the early months of 2024, with the ROE standing at 18.50% by January 31, 2024. Subsequently, a significant increase was observed, with the ROE rising to 23.30% by April 30, 2024, before declining slightly to 18.42% by July 31, 2024.
The latest available data as of October 31, 2024, shows a notable rebound in ROE, with a significant increase to 22.33%. The ROE stood at 21.36% as of January 31, 2025, indicating a positive trend in profitability.
Overall, the analysis of Walmart Inc's ROE reveals a mix of fluctuations and improvements over the specified periods, with periods of decline followed by periods of recovery and growth. These variations in ROE reflect changes in the company's profitability and efficiency in generating returns for its shareholders.
Peer comparison
Jan 31, 2025