WMT Profit Margins

Gross, Operating & Net Margin Analysis for Walmart Inc

Margin Quality

Unknown

Current Profit Margins

Gross Margin

0.0%

24.9% YoY

$0.00 gross profit

Operating Margin

0.0%

4.3% YoY

$0.00 operating income

Net Profit Margin

3.0%

0.1% YoY

$20.16B net income

5-Year Margin Trends

2023Revenue: $611.29B
Gross0.0%
Operating0.0%
Net1.8%
FYRevenue: $648.13B
Gross24.4%
Operating4.2%
Net2.4%
2024Revenue: $648.13B
Gross0.0%
Operating0.0%
Net2.5%
FYRevenue: $680.99B
Gross24.9%
Operating4.3%
Net2.9%
2025Revenue: $680.99B
Gross0.0%
Operating0.0%
Net3.0%

What Margins Indicate About WMT

Business Quality

Lower gross margins may reflect commodity-like products or intense price competition in the Consumer Staples.

Operational Efficiency

Declining operating margins may indicate rising costs, competitive pressures, or investments in growth.

Profitability

Modest net margins indicate the business is profitable but may face margin pressures or be in a capital-intensive industry.

Investment Implications

Mixed margin trends require deeper analysis to understand underlying business dynamics and sustainability.

Understanding Profit Margins

Gross Margin

(Revenue - Cost of Goods Sold) / Revenue. Measures pricing power and production efficiency before operating expenses.

Operating Margin

Operating Income / Revenue. Shows profitability from core operations after all operating expenses but before interest and taxes.

Net Profit Margin

Net Income / Revenue. The bottom line - shows how much profit the company keeps from each dollar of revenue after all expenses.

Analyze WMT Profitability

Get complete financial analysis with profitability trends, ROE, ROIC, and more

Frequently Asked Questions

What is WMT's profit margin?

WMT (Walmart Inc) has a net profit margin of 3.0%, meaning the company keeps $0.029599770920064317 in profit for every dollar of revenue. This represents an improvement from the previous year's net margin of 2.9%.

What is WMT's gross margin?

WMT's gross margin is 0.0%. Gross margin measures the percentage of revenue remaining after subtracting the cost of goods sold. A lower gross margin like this reflects the competitive dynamics of the Consumer Staples.

What is WMT's operating margin?

WMT has an operating margin of 0.0%. Operating margin shows profitability after operating expenses but before interest and taxes. This metric helps investors understand how efficiently Walmart Inc manages its operations.

Are WMT's profit margins good?

WMT's margins are considered unknown. When evaluating margins, it's important to compare against Consumer Staples Distribution & Retail peers, as different sectors have structurally different margin profiles.

How do profit margins affect WMT stock?

Profit margins are a key indicator of WMT's business quality and competitive position. The current margins should be evaluated alongside growth rates and return on capital to assess overall business quality. Expanding margins often lead to stock price appreciation, while contracting margins can signal competitive pressures.

What drives WMT's profit margins?

WMT's profit margins are influenced by several factors: pricing power vs competitors, operational efficiency, scale advantages, input costs (materials, labor), Consumer Staples Distribution & Retail-specific dynamics, and management execution. The significant contraction in gross margin suggests changes in these underlying drivers.

Disclaimer: Margin analysis is based on reported financial statements and should be compared to industry peers for context. Different sectors have structurally different margin profiles. This information is for educational purposes only and should not be considered financial advice.

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