TTM
3.2%
YoY change
+0.22pp
Trough year (2019)
1.3%
Peak year (1990)
4.2%
Latest annual
3.1%
Net Profit Margin history chart for Walmart (WMT) from 1986 to 2026
Latest: 3.1%
Net Profit Margin change chart for Walmart (WMT) from 1986 to 2026
Latest: +0.22pp
Net Profit Margin history table for Walmart (WMT) from 1986 to 2026
| 2026 | 3.1% | +0.22pp | ||
| 2025 | 2.9% | +0.46pp | ||
| 2024 | 2.4% | +0.48pp | ||
| 2023 | 1.9% | -0.48pp | ||
| 2022 | 2.4% | -0.03pp | ||
| 2021 | 2.4% | -0.42pp | ||
| 2020 | 2.8% | +1.54pp | ||
| 2019 | 1.3% | -0.67pp | ||
| 2018 | 2.0% | -0.84pp | ||
| 2017 | 2.8% | -0.24pp | ||
| 2016 | 3.0% | -0.32pp | ||
| 2015 | 3.4% | +0.01pp | ||
| 2014 | 3.4% | -0.26pp | ||
| 2013 | 3.6% | +0.11pp | ||
| 2012 | 3.5% | -0.37pp | ||
| 2011 | 3.9% | +0.36pp | ||
| 2010 | 3.5% | +0.21pp | ||
| 2009 | 3.3% | -0.07pp | ||
| 2008 | 3.4% | +0.14pp | ||
| 2007 | 3.2% | -0.36pp | ||
| 2006 | 3.6% | -0.01pp | ||
| 2005 | 3.6% | +0.11pp | ||
| 2004 | 3.5% | +0.27pp | ||
| 2003 | 3.2% | +0.02pp | ||
| 2002 | 3.2% | -0.05pp | ||
| 2001 | 3.3% | -0.09pp | ||
| 2000 | 3.3% | +0.16pp | ||
| 1999 | 3.2% | +0.23pp | ||
| 1998 | 3.0% | +0.08pp | ||
| 1997 | 2.9% | -0.01pp | ||
| 1996 | 2.9% | -0.32pp | ||
| 1995 | 3.2% | -0.25pp | ||
| 1994 | 3.5% | -0.13pp | ||
| 1993 | 3.6% | -0.07pp | ||
| 1992 | 3.7% | -0.29pp | ||
| 1991 | 4.0% | -0.21pp | ||
| 1990 | 4.2% | +0.11pp | ||
| 1989 | 4.1% | +0.12pp | ||
| 1988 | 3.9% | +0.15pp | ||
| 1987 | 3.8% | -0.09pp | ||
| 1986 | 3.9% | — |
- 20263.1%+0.22pp
- 20252.9%+0.46pp
- 20242.4%+0.48pp
- 20231.9%-0.48pp
- 20222.4%-0.03pp
- 20212.4%-0.42pp
- 20202.8%+1.54pp
- 20191.3%-0.67pp
- 20182.0%-0.84pp
- 20172.8%-0.24pp
- 20163.0%-0.32pp
- 20153.4%+0.01pp
- 20143.4%-0.26pp
- 20133.6%+0.11pp
- 20123.5%-0.37pp
- 20113.9%+0.36pp
- 20103.5%+0.21pp
- 20093.3%-0.07pp
- 20083.4%+0.14pp
- 20073.2%-0.36pp
- 20063.6%-0.01pp
- 20053.6%+0.11pp
- 20043.5%+0.27pp
- 20033.2%+0.02pp
- 20023.2%-0.05pp
- 20013.3%-0.09pp
- 20003.3%+0.16pp
- 19993.2%+0.23pp
- 19983.0%+0.08pp
- 19972.9%-0.01pp
- 19962.9%-0.32pp
- 19953.2%-0.25pp
- 19943.5%-0.13pp
- 19933.6%-0.07pp
- 19923.7%-0.29pp
- 19914.0%-0.21pp
- 19904.2%+0.11pp
- 19894.1%+0.12pp
- 19883.9%+0.15pp
- 19873.8%-0.09pp
- 19863.9%—
Net Profit Margin values are taken from Walmart's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Walmart (WMT)
According to Walmart's latest reported financial statements, the company's latest reported net margin is 3.2%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2026 reading of Walmart (WMT) net margin is 3.07% – expanded 0.2 percentage points year-over-year.
Across the available history, net margin reached its high of 4.17% in 1990 and its low of 1.30% in 2019.
Walmart Net Profit Margin by Year
Walmart Net Profit Margin 2026: 3.1%
Walmart net margin in 2026 was 3.07%, expanded 0.2 percentage points from 2025.
Walmart Net Profit Margin 2025: 2.9%
2025's net margin for Walmart came in at 2.85%, expanded 0.5 percentage points from 2024.
Walmart Net Profit Margin 2024: 2.4%
Walmart posted net margin of 2.39% in 2024, expanded 0.5 percentage points from 2023.
Walmart Net Profit Margin 2023: 1.9%
In 2023, Walmart reported net margin of 1.91%, contracted 0.5 percentage points from 2022.
Walmart Net Profit Margin 2022: 2.4%
Walmart net margin in 2022 was 2.39%.
See more financial history for Walmart (WMT).
Sector peers by Net Profit Margin
Consumer Defensive peers of Walmart (WMT), ranked by their latest net margin
Frequently asked questions
Walmart (WMT) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation