Walmart Inc. (BCBA:WMT)

Walmart Income Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	693,153	680,985	648,125	611,289	572,754	559,151
Revenue Growth (YoY)	4.23%	5.07%	6.03%	6.73%	2.43%	6.72%
Cost of Revenue	520,586	511,753	490,142	463,721	429,000	420,315
Gross Profit	172,567	169,232	157,983	147,568	143,754	138,836
Selling, General & Admin	143,343	139,983	130,971	123,040	117,812	116,288
Operating Expenses	143,343	139,983	130,971	123,040	117,812	116,288
Operating Income	29,224	29,249	27,012	24,528	25,942	22,548
Interest Expense	-2,741	-2,728	-2,683	-2,128	-1,994	-2,315
Interest & Investment Income	442	483	546	254	158	121
Other Non Operating Income (Expenses)	2,785	306	773	145	-127	22
EBT Excluding Unusual Items	29,710	27,310	25,648	22,799	23,979	20,376
Merger & Restructuring Charges	105	-	-	-800	-	-
Gain (Loss) on Sale of Investments	-1,100	-1,100	-3,800	-1,683	-2,440	8,589
Gain (Loss) on Sale of Assets	-	-	-	-	-433	-8,401
Legal Settlements	-341	99	-	-3,300	-	-
Other Unusual Items	-	-	-	-	-2,410	-
Pretax Income	28,374	26,309	21,848	17,016	18,696	20,564
Income Tax Expense	6,445	6,152	5,578	5,724	4,756	6,858
Earnings From Continuing Operations	21,929	20,157	16,270	11,292	13,940	13,706
Net Income to Company	21,929	20,157	16,270	11,292	13,940	13,706
Minority Interest in Earnings	-585	-721	-759	388	-267	-196
Net Income	21,344	19,436	15,511	11,680	13,673	13,510
Net Income to Common	21,344	19,436	15,511	11,680	13,673	13,510
Net Income Growth	37.24%	25.30%	32.80%	-14.58%	1.21%	-9.21%
Shares Outstanding (Basic)	8,014	8,041	8,077	8,171	8,376	8,493
Shares Outstanding (Diluted)	8,057	8,081	8,108	8,202	8,415	8,541
Shares Change (YoY)	-0.46%	-0.33%	-1.15%	-2.53%	-1.47%	-0.73%
EPS (Basic)	2.66	2.42	1.92	1.43	1.63	1.59
EPS (Diluted)	2.65	2.41	1.91	1.42	1.62	1.58
EPS Growth	38.05%	26.18%	34.51%	-12.35%	2.32%	-8.48%
Free Cash Flow	13,753	12,660	15,120	11,984	11,075	25,810
Free Cash Flow Per Share	1.71	1.57	1.86	1.46	1.32	3.02
Dividend Per Share	0.885	0.830	0.760	0.747	0.733	0.720
Dividend Growth	11.32%	9.21%	1.78%	1.83%	1.85%	1.88%
Gross Margin	24.90%	24.85%	24.38%	24.14%	25.10%	24.83%
Operating Margin	4.22%	4.29%	4.17%	4.01%	4.53%	4.03%
Profit Margin	3.08%	2.85%	2.39%	1.91%	2.39%	2.42%
Free Cash Flow Margin	1.98%	1.86%	2.33%	1.96%	1.93%	4.62%
EBITDA	42,714	42,222	38,865	35,473	36,600	33,700
EBITDA Margin	6.16%	6.20%	6.00%	5.80%	6.39%	6.03%
D&A For EBITDA	13,490	12,973	11,853	10,945	10,658	11,152
EBIT	29,224	29,249	27,012	24,528	25,942	22,548
EBIT Margin	4.22%	4.29%	4.17%	4.01%	4.53%	4.03%
Effective Tax Rate	22.71%	23.38%	25.53%	33.64%	25.44%	33.35%
Revenue as Reported	693,153	680,985	648,125	611,289	572,754	559,151
Advertising Expenses	-	5,100	4,400	4,100	3,900	3,200

Source: S&P Global Market Intelligence. Standard template. Financial Sources.