"Convenience matters, and we're uniquely positioned to provide it."
— Doug McMillon
03Detailed Report
WMT
Walmart Inc
Period
Q2 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedMay 27, 2026
Swipe to view all report sections
Executive Summary
Walmart Inc reported a robust Q2 2025 performance, achieving a revenue of $169.34 billion, representing a 4.77% year-on-year increase. The company also experienced strong profit growth, with net income reaching $4.50 billion, although diluted EPS saw a reduction of 42.86% to $0.56 due to elevated prior-year performance. Management indicated that the results were driven by broad-based growth across all operating segments, particularly in e-commerce and international markets, demonstrating Walmart's effective execution of its value-based strategy amidst a challenging economic backdrop. CEO Doug McMillon noted the successful implementation of technology and automation in operations, enhancing customer experience and operational efficiency.
### Profitability
- Net Income: $4.50 billion
- Net Income Ratio: 2.58%
- Operating Income: $7.94 billion
- Operating Income Growth: 8.53% YoY
### EPS
- Diluted EPS: $0.56
- EPS Decrease YoY: 42.86% due to elevated year-ago performance.
### Cash Flow and Balance Sheet
- Net Cash Provided by Operating Activities: $12.11 billion
- Free Cash Flow: $6.28 billion
- Cash at Period End: $8.81 billion
- Total Debt: $61.31 billion
- Total Assets: $254.44 billion
- Debt to Equity Ratio: 0.73
### Other Key Ratios
- Return on Assets (ROA): 1.77%
- Return on Equity (ROE): 5.33%
Walmart's ability to manage inventory effectively and control operating expenses has led to gross profit margins expanding by 43 basis points in the quarter, underscoring the company’s focus on pricing strategy and competitive advantage.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
169.34B
4.77%
4.85%
Gross Profit
42.53B
6.90%
6.11%
Operating Income
7.94B
8.53%
16.06%
Net Income
4.50B
-42.96%
-11.81%
EPS
0.56
-42.86%
-11.11%
Key Financial Ratios
Gross Profit Margin
Fair
25.10%
Gross profit margin is moderate, room for improvement in cost management
Operating Profit Margin
Weak
4.69%
Operating margin is below industry norms, profitability concerns
Net Profit Margin
Weak
2.66%
Net profit margin is below industry norms, profitability concerns
Return on Assets
Weak
1.77%
Return on assets suggests inefficient capital allocation
Return on Equity
Fair
5.33%
Return on equity is acceptable but below top-tier companies
Current Ratio
Concern
0.80
Current ratio below safe levels, potential liquidity risk
Costco Wholesale Corporation (COST) Q2 FY2025 Earnings Review: Revenue Expansion, Modest Margin Yield, and Strategic Position in the Consumer Defensiv...