Walmart Inc (WMT)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 14,881,000 | 14,427,000 | 12,849,000 | 8,378,000 |
| Total stockholders’ equity | US$ in thousands | 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 | 80,925,000 | 81,431,000 | 75,310,000 | 68,240,000 | 74,669,000 | 71,649,000 | 70,327,000 | 68,205,000 |
| 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% |
January 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $15,511,000K ÷ $83,861,000K
= 18.50%
The return on equity (ROE) measures how efficiently a company is generating profits from its shareholders' equity. For Walmart Inc, the ROE has fluctuated over the past few quarters.
In the most recent period as of January 31, 2024, Walmart's ROE was 18.50%, indicating that the company generated $18.50 in profit for every $100 of shareholders' equity. This is a slight decrease from the previous quarter's ROE of 20.50%.
Looking further back, there is a noticeable improvement in ROE from the first quarter of 2021 to the second quarter of 2022, where it ranged from 12.48% to 17.88%. This suggests that Walmart was able to improve its profitability relative to its shareholders' equity during this period.
The highest ROE observed in the data provided was 24.24% in October 2020, indicating a strong performance in generating profits from equity at that time. On the other hand, the lowest ROE of 9.75% in October 2021 reflects a period of lower profitability relative to shareholders' equity.
Overall, Walmart's ROE has shown variability over the past few quarters, with some periods demonstrating stronger profitability than others. Investors and analysts may want to further investigate the factors influencing these fluctuations to assess the company's financial performance and future prospects.
Peer comparison
Jan 31, 2024