Shares Outstanding for Walmart (WMT)
According to Walmart's latest reported financial statements, the company's latest reported diluted shares outstanding is 8.01B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
WMT
Currently viewingShares OutstandingSwitch metric
Latest period
8.01B
YoY change
-0.7%
5Y CAGR
-1.2%
Peak year (1996)
13.79B
Latest annual
8.02B
Shares Outstanding history chart for Walmart (WMT) from 1986 to 2026
Shares Outstanding history table for Walmart (WMT) from 1986 to 2026
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2026 | 8.02B | -0.7% | ||
| 2025 | 8.08B | -0.3% | ||
| 2024 | 8.11B | -1.1% | ||
| 2023 | 8.20B | -2.5% | ||
| 2022 | 8.41B | -1.5% | ||
| 2021 | 8.54B | -0.7% | ||
| 2020 | 8.60B | -2.6% | ||
| 2019 | 8.84B | -2.2% | ||
| 2018 | 9.03B | -3.3% | ||
| 2017 | 9.34B | -3.3% | ||
| 2016 | 9.65B | -0.8% | ||
| 2015 | 9.73B | -1.2% | ||
| 2014 | 9.85B | -3.1% | ||
| 2013 | 10.17B | -2.4% | ||
| 2012 | 10.42B | -5.3% | ||
| 2011 | 11.01B | -5.3% | ||
| 2010 | 11.63B | -1.9% | ||
| 2009 | 11.85B | -3.0% | ||
| 2008 | 12.22B | -2.3% | ||
| 2007 | 12.50B | -0.5% | ||
| 2006 | 12.56B | -1.8% | ||
| 2005 | 12.80B | -2.4% | ||
| 2004 | 13.12B | -1.6% | ||
| 2003 | 13.34B | -0.8% | ||
| 2002 | 13.44B | -0.1% | ||
| 2001 | 13.45B | +0.2% | ||
| 2000 | 13.42B | -0.2% | ||
| 1999 | 13.46B | -1.1% | ||
| 1998 | 13.60B | -1.3% | ||
| 1997 | 13.78B | -0.1% | ||
| 1996 | 13.79B | +0.3% | ||
| 1995 | 13.75B | +0.2% | ||
| 1994 | 13.72B | -0.3% | ||
| 1993 | 13.76B | -0.2% | ||
| 1992 | 13.79B | +3.2% | ||
| 1991 | 13.36B | -0.7% | ||
| 1990 | 13.45B | +1.7% | ||
| 1989 | 13.22B | -1.7% | ||
| 1988 | 13.45B | -0.3% | ||
| 1987 | 13.49B | +10.0% | ||
| 1986 | 12.26B | — |
Shares Outstanding values are taken from Walmart's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2026 reading of Walmart (WMT) diluted shares outstanding is 8.02B – edged down 0.7% year-over-year.
Across 2021–2026 (5 years), Walmart diluted shares outstanding produced a CAGR of -1.2% – with a net decline across the window.
Walmart diluted shares outstanding plunged from 13.79B in 1996 to 8.02B in 2026, a 41.8% drawdown.
13.79B stands as the all-time-high annual diluted shares outstanding, posted in 1996, against a low of 8.02B during 2026.
Among 8 Consumer Defensive peers, Walmart (WMT) ranks 1st; the peer median for diluted shares outstanding is 1.47B.
Walmart Shares Outstanding by Year
Walmart Shares Outstanding 2026: 8.02B
Walmart diluted shares outstanding in 2026 was 8.02B, edged down 0.7% below 2025. This figure represents the lowest annual value in the available history.
Walmart Shares Outstanding 2025: 8.08B
Walmart diluted shares outstanding in 2025 was 8.08B, edged down 0.3% below 2024.
Walmart Shares Outstanding 2024: 8.11B
Walmart diluted shares outstanding in 2024 was 8.11B, edged down 1.1% below 2023.
Walmart Shares Outstanding 2023: 8.20B
Walmart diluted shares outstanding in 2023 was 8.20B, edged down 2.5% below 2022.
Walmart Shares Outstanding 2022: 8.41B
Walmart diluted shares outstanding in 2022 was 8.41B.
See more financial history for Walmart (WMT).
Sector peers — Shares Outstanding
Companies in the same sector as Walmart, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| The Coca-Cola Company (KO) | 4.31B | Consumer Defensive |
| The Procter & Gamble Company (PG) | 2.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | 1.68B | Consumer Defensive |
| Philip Morris International Inc. (PM) | 1.56B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | 1.37B | Consumer Defensive |
| Mondelez International, Inc. (MDLZ) | 1.30B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | 984.45M | Consumer Defensive |
| Costco Wholesale Corporation (COST) | 444.80M | Consumer Defensive |
Frequently asked questions
What is Walmart's diluted shares outstanding?
- Latest reported diluted shares outstanding for Walmart (WMT) is 8.01B (period ending January 31, 2026).
How has Walmart diluted shares outstanding changed year-over-year?
- Walmart (WMT) diluted shares outstanding changed -0.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Walmart diluted shares outstanding?
- Walmart (WMT) diluted shares outstanding compound annual growth rate is -1.2% over the most recent 5 years available.
When did Walmart diluted shares outstanding hit its highest annual value?
- Walmart diluted shares outstanding reached its highest annual value of 13.79B in 1996.
What was Walmart diluted shares outstanding in 2025?
- Walmart (WMT) diluted shares outstanding in 2025 was 8.08B.
What was Walmart diluted shares outstanding in 2026?
- Walmart (WMT) diluted shares outstanding in 2026 was 8.02B.
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