# Walmart Inc. (WMT) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Consumer Defensive / Household Products. Price $107.14, market value $852.6 billion.

## Valuation
- **P/E (trailing): 38.8×** (5-yr avg 34.3×, 3-yr avg 37.3×). Walmart Inc. trades at 38.8× trailing earnings, close to its own five-year average of 34.3×. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 33.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 2.50**. A PEG of 2.50 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 1.2×**. Each dollar of revenue is priced at 1.2×.
- **Price / book: 9.0×**. The shares trade at 9.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 18.6×**. Enterprise value is 18.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 1.6%** (5-yr avg 2.6%). Free cash flow equals 1.6% of the market value, below its five-year average of 2.6%, so the shares are pricier on cash than usual.
- **Earnings yield: 2.6%**. The inverse of the P/E: 2.6% of the price is earned each year.

## Profitability
- **Operating margin: 4.4%**. 4.4% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 3.1%**. 3.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 22.0%**. 22.0% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 20.1%**. Return on all capital, debt included, is 20.1%: comfortably above what that capital costs.
- **Return on assets: 7.8%**. Each dollar of assets produces 7.8% of profit.

## Growth
- **Revenue growth (1 yr): 4.7%** (3-yr 5.3%/yr, 5-yr 4.9%/yr). Revenue grew 4.7% over the last year, against 4.9% a year compounded over five years.
- **EPS growth (1 yr): 13.3%** (3-yr 24.3%/yr, 5-yr 11.5%/yr). Earnings per share rose 13.3%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 7.6%/yr**. Free cash flow has compounded at 7.6% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.38**. Debt is 0.38 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.6×**. It would take 0.6 years of operating earnings to repay net borrowings, within the comfortable range.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.92%** ($0.96 per share, trailing). Walmart Inc. yields 0.92%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 34%** (57% of free cash flow). 34% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 5.5%/yr** (1-yr 13.0%). The dividend has grown 5.5% a year over five years.

## Analyst view
- **Analyst consensus: buy** (40 analysts). 40 analysts cover Walmart Inc.; the consensus is buy, with an average price target of $127.72 (+19% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 6.8%** (YTD -3.5%, 3-mo -9.9%). The shares are up 6.8% over twelve months including dividends.
- **From 52-week high: -20.7%** (8.4% above the low). Trading 21% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): -0.04** (volatility 26%). Beta of -0.04 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=WMT · Page: https://foliofundamentals.com/stocks/wmt

Not investment advice.