Walmart Historical Income Statement

WMT Stock  USD 91.88  0.57  0.62%   
Historical analysis of Walmart income statement accounts such as Depreciation And Amortization of 12.4 B, Total Revenue of 680.5 B, Gross Profit of 165.9 B or Other Operating Expenses of 652.2 B can show how well Walmart performed in making a profits. Evaluating Walmart income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Walmart's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Walmart latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Walmart is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Walmart Stock please use our How to Invest in Walmart guide.

About Walmart Income Statement Analysis

Walmart Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Walmart shareholders. The income statement also shows Walmart investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Walmart Income Statement Chart

At this time, Walmart's Depreciation And Amortization is comparatively stable compared to the past year. Total Revenue is likely to gain to about 680.5 B in 2024, whereas EBITDA is likely to drop slightly above 21.6 B in 2024.

Total Revenue

Total revenue comprises all receipts Walmart generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Walmart minus its cost of goods sold. It is profit before Walmart operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Walmart. It is also known as Walmart overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Walmart operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Walmart is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Walmart's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Walmart current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Walmart Stock please use our How to Invest in Walmart guide.At this time, Walmart's Depreciation And Amortization is comparatively stable compared to the past year. Total Revenue is likely to gain to about 680.5 B in 2024, whereas EBITDA is likely to drop slightly above 21.6 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue572.8B611.3B648.1B680.5B
Depreciation And Amortization10.7B10.9B11.9B12.4B

Walmart income statement Correlations

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0.880.860.870.860.740.670.80.860.870.57-0.470.60.480.810.20.76-0.190.65-0.29-0.450.440.250.11
0.150.020.050.030.04-0.15-0.020.010.07-0.13-0.22-0.210.020.150.20.27-0.55-0.02-0.06-0.54-0.01-0.2-0.28
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0.140.140.120.15-0.080.160.140.150.150.220.660.290.120.150.11-0.280.060.390.150.24-0.18-0.360.38
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Walmart Account Relationship Matchups

Walmart income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization11.0B11.2B10.7B10.9B11.9B12.4B
Total Revenue524.0B559.2B572.8B611.3B648.1B680.5B
Gross Profit129.4B138.8B143.8B147.6B158.0B165.9B
Other Operating Expenses503.4B536.6B546.8B590.9B621.1B652.2B
Operating Income20.6B22.5B25.9B20.4B27.0B15.9B
Ebit22.7B22.9B25.9B19.1B27.0B16.0B
Ebitda33.7B34.0B36.6B30.1B38.9B21.6B
Cost Of Revenue394.6B420.3B429B463.7B490.1B514.6B
Total Operating Expenses108.8B116.3B117.8B127.1B131.0B137.5B
Income Before Tax20.1B20.6B18.7B17.0B21.8B14.3B
Total Other Income Expense Net(452M)(2.0B)(7.2B)(3.4B)(5.2B)(4.9B)
Net Income14.9B13.5B13.7B11.7B15.5B9.3B
Income Tax Expense4.9B6.9B4.8B5.7B5.6B4.6B
Interest Expense2.6B2.3B2.0B2.1B2.7B2.0B
Selling General Administrative105.1B113.1B113.9B123.0B126.6B78.4B
Net Income Applicable To Common Shares14.9B13.5B13.7B11.7B13.4B13.3B
Minority Interest320M6.6B(267M)388M(759M)(721.1M)
Net Income From Continuing Ops15.2B13.7B13.9B11.3B16.3B11.5B
Selling And Marketing Expenses3.7B3.2B3.9B4.1B4.4B3.5B
Tax Provision4.9B6.9B4.8B5.7B5.6B4.4B
Interest Income189M121M1.8B1.9B546M916.9M
Net Interest Income(2.4B)(2.2B)(1.8B)(1.9B)(2.1B)(2.2B)
Reconciled Depreciation11.0B11.2B10.7B10.9B11.9B12.1B
Non Operating Income Net Other2.0B210M(5.4B)(1.5B)(1.8B)(1.9B)

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Additional Tools for Walmart Stock Analysis

When running Walmart's price analysis, check to measure Walmart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Walmart is operating at the current time. Most of Walmart's value examination focuses on studying past and present price action to predict the probability of Walmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walmart's price. Additionally, you may evaluate how the addition of Walmart to your portfolios can decrease your overall portfolio volatility.